Giga Metals Stock Working Capital
HNCKFDelisted Stock | USD 0.19 0.01 5.56% |
Giga Metals fundamentals help investors to digest information that contributes to Giga Metals' financial success or failures. It also enables traders to predict the movement of Giga OTC Stock. The fundamental analysis module provides a way to measure Giga 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 Giga Metals otc stock.
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Giga Metals OTC Stock Working Capital Analysis
Giga Metals' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionAccording to the company's disclosures, Giga Metals has a Working Capital of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.
Giga Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Giga Metals' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Giga Metals could also be used in its relative valuation, which is a method of valuing Giga Metals by comparing valuation metrics of similar companies.Giga Metals is currently under evaluation in working capital category among its peers.
Giga Fundamentals
Return On Equity | -0.15 | |||
Return On Asset | -0.0914 | |||
Current Valuation | 16.97 M | |||
Shares Outstanding | 97.9 M | |||
Shares Owned By Insiders | 11.37 % | |||
Shares Owned By Institutions | 2.00 % | |||
Price To Earning | 6.68 X | |||
Price To Book | 1.41 X | |||
EBITDA | (2.62 M) | |||
Net Income | (2.74 M) | |||
Cash And Equivalents | 2.88 M | |||
Cash Per Share | 0.03 X | |||
Total Debt | 40 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 2.40 X | |||
Book Value Per Share | 0.23 X | |||
Cash Flow From Operations | (1.83 M) | |||
Earnings Per Share | (0.03) X | |||
Number Of Employees | 14 | |||
Beta | 1.36 | |||
Market Capitalization | 21.98 M | |||
Total Asset | 14.99 M | |||
Net Asset | 14.99 M |
About Giga Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Giga Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Giga Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Giga Metals based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Giga OTC Stock
If you are still planning to invest in Giga Metals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Giga Metals' history and understand the potential risks before investing.
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