Grid Metals Corp Stock Total Asset
| GRDM Stock | CAD 0.04 0.01 12.50% |
Grid Metals Corp fundamentals help investors to digest information that contributes to Grid Metals' financial success or failures. It also enables traders to predict the movement of Grid Stock. The fundamental analysis module provides a way to measure Grid 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 Grid Metals stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 12.8 M | 22.7 M |
Grid | Total Asset |
Grid Metals Corp Company Total Asset Analysis
Grid Metals' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Grid Metals Total Asset | 12.79 M |
Most of Grid Metals' fundamental indicators, such as Total Asset, 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, Grid Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Grid Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Grid Metals is extremely important. It helps to project a fair market value of Grid Stock properly, considering its historical fundamentals such as Total Asset. Since Grid 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 Grid 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 Grid Metals' interrelated accounts and indicators.
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Grid Total Assets
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Based on the latest financial disclosure, Grid Metals Corp has a Total Asset of 12.79 M. This is 99.93% lower than that of the Metals & Mining sector and 99.98% lower than that of the Materials industry. The total asset for all Canada stocks is 99.96% higher than that of the company.
Grid Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grid Metals' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Grid Metals could also be used in its relative valuation, which is a method of valuing Grid Metals by comparing valuation metrics of similar companies.Grid Metals is currently under evaluation in total asset category among its peers.
Grid Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Grid Metals from analyzing Grid Metals' financial statements. These drivers represent accounts that assess Grid Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Grid Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.6M | 10.4M | 9.2M | 20.6M | 23.6M | 24.8M | |
| Enterprise Value | 2.6M | 7.4M | 6.4M | 11.2M | 12.9M | 8.6M |
Grid Fundamentals
| Return On Equity | -1.77 | |||
| Return On Asset | -0.76 | |||
| Current Valuation | 5.38 M | |||
| Shares Outstanding | 204.4 M | |||
| Shares Owned By Insiders | 15.05 % | |||
| Shares Owned By Institutions | 22.00 % | |||
| Number Of Shares Shorted | 762 | |||
| Price To Book | 2.92 X | |||
| EBITDA | (8.07 M) | |||
| Net Income | (10.37 M) | |||
| Cash And Equivalents | 1.15 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 6.69 M | |||
| Current Ratio | 5.03 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (8.14 M) | |||
| Earnings Per Share | (0.04) X | |||
| Target Price | 0.39 | |||
| Beta | 2.25 | |||
| Market Capitalization | 7.15 M | |||
| Total Asset | 12.79 M | |||
| Retained Earnings | (69.27 M) | |||
| Working Capital | 4.44 M | |||
| Net Asset | 12.79 M |
About Grid Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Grid Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grid Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grid 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 Grid Stock Analysis
When running Grid Metals' price analysis, check to measure Grid 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 Grid Metals is operating at the current time. Most of Grid Metals' value examination focuses on studying past and present price action to predict the probability of Grid Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grid Metals' price. Additionally, you may evaluate how the addition of Grid Metals to your portfolios can decrease your overall portfolio volatility.