Majestic Gold Corp Stock Debt To Equity
| MJS Stock | CAD 0.08 0.00 0.00% |
Majestic Gold Corp fundamentals help investors to digest information that contributes to Majestic Gold's financial success or failures. It also enables traders to predict the movement of Majestic Stock. The fundamental analysis module provides a way to measure Majestic Gold's 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 Majestic Gold stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.04 | 0.04 |
Majestic | Debt To Equity |
Majestic Gold Corp Company Debt To Equity Analysis
Majestic Gold's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Majestic Gold Debt To Equity | 18.50 % |
Most of Majestic Gold's fundamental indicators, such as Debt To Equity, 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, Majestic Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Majestic Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Majestic Gold is extremely important. It helps to project a fair market value of Majestic Stock properly, considering its historical fundamentals such as Debt To Equity. Since Majestic Gold's 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 Majestic Gold's 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 Majestic Gold's interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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Majestic Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Majestic Gold Corp has a Debt To Equity of 18.5%. This is 71.28% lower than that of the Metals & Mining sector and 30.94% lower than that of the Materials industry. The debt to equity for all Canada stocks is 62.01% higher than that of the company.
Majestic Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Majestic Gold's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Majestic Gold could also be used in its relative valuation, which is a method of valuing Majestic Gold by comparing valuation metrics of similar companies.Majestic Gold is currently under evaluation in debt to equity category among its peers.
Majestic Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0839 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 26.65 M | ||||
| Shares Outstanding | 1.04 B | ||||
| Shares Owned By Insiders | 12.81 % | ||||
| Number Of Shares Shorted | 22.14 K | ||||
| Price To Earning | 12.00 X | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 1.39 X | ||||
| Revenue | 55.03 M | ||||
| Gross Profit | 25.78 M | ||||
| EBITDA | 26.53 M | ||||
| Net Income | 12.23 M | ||||
| Cash And Equivalents | 22.62 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 4.29 M | ||||
| Debt To Equity | 18.50 % | ||||
| Current Ratio | 1.11 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | 24.49 M | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | 0.02 X | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 83.41 M | ||||
| Total Asset | 187.23 M | ||||
| Retained Earnings | (27.2 M) | ||||
| Working Capital | 76.46 M | ||||
| Annual Yield | 0.09 % | ||||
| Net Asset | 187.23 M |
About Majestic Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Majestic Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Majestic Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Majestic Gold 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 Majestic Stock Analysis
When running Majestic Gold's price analysis, check to measure Majestic Gold's 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 Majestic Gold is operating at the current time. Most of Majestic Gold's value examination focuses on studying past and present price action to predict the probability of Majestic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Majestic Gold's price. Additionally, you may evaluate how the addition of Majestic Gold to your portfolios can decrease your overall portfolio volatility.