Mirasol Resources Stock Fundamentals
| MRZ Stock | CAD 0.42 0.01 2.44% |
Mirasol Resources fundamentals help investors to digest information that contributes to Mirasol Resources' financial success or failures. It also enables traders to predict the movement of Mirasol Stock. The fundamental analysis module provides a way to measure Mirasol 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 Mirasol Resources stock.
At this time, Mirasol Resources' Selling General Administrative is fairly stable compared to the past year. Selling And Marketing Expenses is likely to climb to about 180.2 K in 2024, whereas Operating Income is likely to drop (9.8 M) in 2024. Mirasol | Select Account or Indicator |
Mirasol Resources Company Return On Asset Analysis
Mirasol Resources' 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 Mirasol Resources Return On Asset | -0.81 |
Most of Mirasol Resources' 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, Mirasol Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mirasol Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Mirasol Resources is extremely important. It helps to project a fair market value of Mirasol Stock properly, considering its historical fundamentals such as Return On Asset. Since Mirasol 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 Mirasol 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 Mirasol Resources' 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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Mirasol Total Assets
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Based on the latest financial disclosure, Mirasol Resources has a Return On Asset of -0.8051. This is 208.8% lower than that of the Metals & Mining sector and 86.19% lower than that of the Materials industry. The return on asset for all Canada stocks is notably higher than that of the company.
Mirasol Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mirasol Resources's current stock value. Our valuation model uses many indicators to compare Mirasol Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mirasol Resources competition to find correlations between indicators driving Mirasol Resources's intrinsic value. More Info.Mirasol Resources is regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers . At this time, Mirasol Resources' 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 Mirasol Resources' earnings, one of the primary drivers of an investment's value.Mirasol Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mirasol Resources' 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 Mirasol Resources could also be used in its relative valuation, which is a method of valuing Mirasol Resources by comparing valuation metrics of similar companies.Mirasol Resources is currently under evaluation in return on asset category among its peers.
Mirasol Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mirasol Resources from analyzing Mirasol Resources' financial statements. These drivers represent accounts that assess Mirasol Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mirasol Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 20.6M | 29.8M | 34.0M | 53.8M | 24.6M | 38.2M | |
| Enterprise Value | 12.0M | 20.0M | 28.5M | 45.9M | 22.3M | 31.6M |
Mirasol Fundamentals
| Return On Equity | -1.37 | ||||
| Return On Asset | -0.81 | ||||
| Current Valuation | 29.26 M | ||||
| Shares Outstanding | 81.1 M | ||||
| Shares Owned By Insiders | 33.15 % | ||||
| Shares Owned By Institutions | 12.40 % | ||||
| Number Of Shares Shorted | 123.56 K | ||||
| Price To Book | 8.58 X | ||||
| Price To Sales | 1,963 X | ||||
| Gross Profit | 496.7 K | ||||
| EBITDA | (9.3 M) | ||||
| Net Income | (8.92 M) | ||||
| Cash And Equivalents | 22.28 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 622.6 K | ||||
| Current Ratio | 59.16 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (8.31 M) | ||||
| Short Ratio | 2.95 X | ||||
| Earnings Per Share | (0.13) X | ||||
| Target Price | 2.0 | ||||
| Beta | 1.48 | ||||
| Market Capitalization | 32.85 M | ||||
| Total Asset | 4.31 M | ||||
| Retained Earnings | (86.76 M) | ||||
| Working Capital | 2.03 M | ||||
| Net Asset | 4.31 M |
About Mirasol Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mirasol Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mirasol Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mirasol 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -621.5 K | -652.6 K | |
| Cost Of Revenue | 64.5 K | 61.3 K | |
| Stock Based Compensation To Revenue | 53.76 | 56.44 | |
| Sales General And Administrative To Revenue | 89.89 | 132.81 | |
| Research And Ddevelopement To Revenue | 14.16 | 8.98 | |
| Capex To Revenue | 4.92 | 5.86 | |
| Ebit Per Revenue | (645.59) | (677.87) |
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Additional Tools for Mirasol Stock Analysis
When running Mirasol Resources' price analysis, check to measure Mirasol 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 Mirasol Resources is operating at the current time. Most of Mirasol Resources' value examination focuses on studying past and present price action to predict the probability of Mirasol Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirasol Resources' price. Additionally, you may evaluate how the addition of Mirasol Resources to your portfolios can decrease your overall portfolio volatility.