Millennial Potash Corp Stock Fundamentals
| MLP Stock | 0.35 0.01 2.94% |
Millennial Potash Corp fundamentals help investors to digest information that contributes to Millennial Potash's financial success or failures. It also enables traders to predict the movement of Millennial Stock. The fundamental analysis module provides a way to measure Millennial Potash'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 Millennial Potash stock.
Interest Expense is likely to climb to about 15.6 K in 2024, despite the fact that Net Interest Income is likely to grow to (11 K). Millennial | Select Account or Indicator |
Millennial Potash Corp Company Return On Asset Analysis
Millennial Potash's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Millennial Potash Return On Asset | -0.22 |
Most of Millennial Potash's fundamental indicators, such as Return On 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, Millennial Potash Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Millennial Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Millennial Potash is extremely important. It helps to project a fair market value of Millennial Stock properly, considering its historical fundamentals such as Return On Asset. Since Millennial Potash'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 Millennial Potash'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 Millennial Potash's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Millennial Total Assets
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Based on the latest financial disclosure, Millennial Potash Corp has a Return On Asset of -0.2186. This is 129.54% lower than that of the Metals & Mining sector and notably higher than that of the Materials industry. The return on asset for all Canada stocks is 56.14% higher than that of the company.
Millennial Potash Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millennial Potash's current stock value. Our valuation model uses many indicators to compare Millennial Potash value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millennial Potash competition to find correlations between indicators driving Millennial Potash's intrinsic value. More Info.Millennial Potash Corp is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers . At this time, Millennial Potash's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Millennial Potash's earnings, one of the primary drivers of an investment's value.Millennial Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millennial Potash's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millennial Potash could also be used in its relative valuation, which is a method of valuing Millennial Potash by comparing valuation metrics of similar companies.Millennial Potash is currently under evaluation in return on asset category among its peers.
Millennial Fundamentals
| Return On Equity | -0.38 | ||||
| Return On Asset | -0.22 | ||||
| Current Valuation | 23.36 M | ||||
| Shares Outstanding | 70.19 M | ||||
| Shares Owned By Insiders | 17.00 % | ||||
| Shares Owned By Institutions | 0.35 % | ||||
| Number Of Shares Shorted | 37.1 K | ||||
| Price To Book | 3.67 X | ||||
| EBITDA | (1.6 M) | ||||
| Net Income | (4.7 M) | ||||
| Total Debt | 496.75 K | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | (3.43 M) | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.06) X | ||||
| Target Price | 1.52 | ||||
| Beta | 2.62 | ||||
| Market Capitalization | 23.87 M | ||||
| Total Asset | 6.92 M | ||||
| Retained Earnings | (8.63 M) | ||||
| Working Capital | 2.37 M | ||||
| Net Asset | 6.92 M |
About Millennial Potash Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millennial Potash Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millennial Potash using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millennial Potash 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.| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 116.9 K | 59.3 K |
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Additional Tools for Millennial Stock Analysis
When running Millennial Potash's price analysis, check to measure Millennial Potash'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 Millennial Potash is operating at the current time. Most of Millennial Potash's value examination focuses on studying past and present price action to predict the probability of Millennial Potash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millennial Potash's price. Additionally, you may evaluate how the addition of Millennial Potash to your portfolios can decrease your overall portfolio volatility.