Melkior Resources Stock Cash And Equivalents

MKR Stock  CAD 0.07  0.02  22.22%   
Melkior Resources fundamentals help investors to digest information that contributes to Melkior Resources' financial success or failures. It also enables traders to predict the movement of Melkior Stock. The fundamental analysis module provides a way to measure Melkior 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 Melkior Resources stock.
  
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Melkior Resources Company Cash And Equivalents Analysis

Melkior Resources' 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.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Melkior Resources Cash And Equivalents

    
  2 M  
Most of Melkior Resources' 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, Melkior Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Melkior Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Melkior Resources is extremely important. It helps to project a fair market value of Melkior Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Melkior 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 Melkior 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 Melkior Resources' interrelated accounts and indicators.
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, Melkior Resources has 2 M in Cash And Equivalents. This is 99.59% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash and equivalents for all Canada stocks is 99.93% higher than that of the company.

Melkior Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Melkior Resources' 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 Melkior Resources could also be used in its relative valuation, which is a method of valuing Melkior Resources by comparing valuation metrics of similar companies.
Melkior Resources is currently under evaluation in cash and equivalents category among its peers.

Melkior Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Melkior Resources from analyzing Melkior Resources' financial statements. These drivers represent accounts that assess Melkior Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Melkior Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap15.9M6.5M4.7M3.8M4.4M4.2M
Enterprise Value15.4M4.4M2.3M1.6M1.8M1.7M

Melkior Fundamentals

About Melkior Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Melkior Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melkior Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melkior 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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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Melkior Stock Analysis

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