Mkango Resources Stock Revenue

MKA Stock  CAD 0.15  0.03  16.67%   
Mkango Resources fundamentals help investors to digest information that contributes to Mkango Resources' financial success or failures. It also enables traders to predict the movement of Mkango Stock. The fundamental analysis module provides a way to measure Mkango Resources' 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 Mkango Resources stock.
Last ReportedProjected for Next Year
At this time, Mkango Resources' Current Deferred Revenue is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 41.7 K in 2024, whereas Capex To Revenue is likely to drop 0.14 in 2024.
  
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Mkango Resources Company Revenue Analysis

Mkango Resources' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

-

Discounts and Returns

More About Revenue | All Equity Analysis

Mkango Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Mkango Resources is extremely important. It helps to project a fair market value of Mkango Stock properly, considering its historical fundamentals such as Revenue. Since Mkango Resources' 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 Mkango Resources' 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 Mkango Resources' interrelated accounts and indicators.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Mkango Current Deferred Revenue

Current Deferred Revenue

208,535

At this time, Mkango Resources' Current Deferred Revenue is fairly stable compared to the past year.
Based on the latest financial disclosure, Mkango Resources reported 0.0 of revenue. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The revenue for all Canada stocks is 100.0% higher than that of the company.
Mkango Resources is currently under evaluation in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 150. Mkango Resources adds roughly 0.0 in revenue claiming only tiny portion of all equities under Materials industry.

Mkango Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Mkango Resources from analyzing Mkango Resources' financial statements. These drivers represent accounts that assess Mkango Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mkango Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.1M31.8M64.2M31.8M31.2M32.7M
Enterprise Value4.6M26.9M59.8M33.0M30.2M31.7M

Mkango Fundamentals

About Mkango Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mkango Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mkango Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mkango Resources 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.

Thematic Opportunities

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Additional Tools for Mkango Stock Analysis

When running Mkango Resources' price analysis, check to measure Mkango Resources' 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 Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.