Metallic Minerals Corp Stock Debt To Equity

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.
Last ReportedProjected for Next Year
Debt To Equity is likely to drop to 0 in 2024.
  
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Metallic Minerals Corp Company Debt To Equity Analysis

Metallic Minerals' 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.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Metallic Minerals Debt To Equity

    
  2.00 %  
Most of Metallic Minerals' 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, Metallic Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Metallic Debt To Equity 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 Debt To Equity. 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.
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.
Competition

Metallic Total Stockholder Equity

Total Stockholder Equity

12.98 Million

At this time, Metallic Minerals' Total Stockholder Equity is fairly stable compared to the past year.
According to the company disclosure, Metallic Minerals Corp has a Debt To Equity of 2.0%. This is 96.89% lower than that of the Metals & Mining sector and 96.89% lower than that of the Materials industry. The debt to equity for all Canada stocks is 95.89% higher than that of the company.

Metallic Debt To Equity Peer Comparison

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

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.

Thematic Opportunities

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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.