Defense Metals Corp Stock Cash And Equivalents
| DEFN Stock | CAD 0.16 0.02 14.29% |
Defense Metals Corp fundamentals help investors to digest information that contributes to Defense Metals' financial success or failures. It also enables traders to predict the movement of Defense Stock. The fundamental analysis module provides a way to measure Defense Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Defense Metals stock.
Defense | Cash And Equivalents |
Defense Metals Corp Company Cash And Equivalents Analysis
Defense Metals' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Defense Metals Cash And Equivalents | 192.45 K |
Most of Defense Metals' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Defense Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Defense Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Defense Metals is extremely important. It helps to project a fair market value of Defense Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Defense Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Defense Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Defense Metals' interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Defense Metals Corp has 192.45 K in Cash And Equivalents. This is 99.96% lower than that of the Metals & Mining sector and 99.99% lower than that of the Materials industry. The cash and equivalents for all Canada stocks is 99.99% higher than that of the company.
Defense Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Defense Metals' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Defense Metals could also be used in its relative valuation, which is a method of valuing Defense Metals by comparing valuation metrics of similar companies.Defense Metals is currently under evaluation in cash and equivalents category among its peers.
Defense Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Defense Metals from analyzing Defense Metals' financial statements. These drivers represent accounts that assess Defense Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Defense Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.8M | 21.5M | 27.8M | 53.5M | 57.3M | 60.2M | |
| Enterprise Value | 3.6M | 20.6M | 27.1M | 51.8M | 56.4M | 59.2M |
Defense Fundamentals
| Return On Equity | -0.0707 | ||||
| Return On Asset | -0.0433 | ||||
| Current Valuation | 36.63 M | ||||
| Shares Outstanding | 260.22 M | ||||
| Shares Owned By Insiders | 13.28 % | ||||
| Shares Owned By Institutions | 0.69 % | ||||
| Number Of Shares Shorted | 12.24 K | ||||
| Price To Book | 0.90 X | ||||
| EBITDA | (4.04 M) | ||||
| Net Income | (2.71 M) | ||||
| Cash And Equivalents | 192.45 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 656.52 K | ||||
| Current Ratio | 4.97 X | ||||
| Book Value Per Share | 0.16 X | ||||
| Cash Flow From Operations | (2.96 M) | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 0.7 | ||||
| Beta | 0.66 | ||||
| Market Capitalization | 36.43 M | ||||
| Total Asset | 32.74 M | ||||
| Retained Earnings | (12.64 M) | ||||
| Working Capital | 1.39 M | ||||
| Net Asset | 32.74 M |
About Defense Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Defense Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Defense Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Defense Metals Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Defense Stock Analysis
When running Defense Metals' price analysis, check to measure Defense Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Defense Metals is operating at the current time. Most of Defense Metals' value examination focuses on studying past and present price action to predict the probability of Defense Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defense Metals' price. Additionally, you may evaluate how the addition of Defense Metals to your portfolios can decrease your overall portfolio volatility.