Metallic Minerals Corp Stock Current Liabilities

MMG Stock  CAD 0.14  0.02  12.50%   
Metallic Minerals Corp fundamentals help investors to digest information that contributes to Metallic Minerals' financial success or failures. It also enables traders to predict the movement of Metallic Stock. The fundamental analysis module provides a way to measure Metallic Minerals' 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 Metallic Minerals stock.
Non Current Liabilities Total is likely to climb to about 56.7 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 565.6 K in 2024.
  
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Metallic Minerals Corp Company Current Liabilities Analysis

Metallic Minerals' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

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Metallic Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Metallic Minerals is extremely important. It helps to project a fair market value of Metallic Stock properly, considering its historical fundamentals such as Current Liabilities. Since Metallic Minerals' 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 Metallic Minerals' 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 Metallic Minerals' interrelated accounts and indicators.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Metallic Total Current Liabilities

Total Current Liabilities

565,563

At this time, Metallic Minerals' Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, Metallic Minerals Corp has a Current Liabilities of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

Metallic Minerals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Metallic Minerals from analyzing Metallic Minerals' financial statements. These drivers represent accounts that assess Metallic Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Metallic Minerals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap57.6M54.6M52.3M53.8M48.4M50.9M
Enterprise Value57.1M50.6M47.7M48.2M43.3M45.5M

Metallic Fundamentals

About Metallic Minerals Fundamental Analysis

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

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