Proam Explorations Corp Stock Working Capital
PMX Stock | CAD 0.05 0.00 0.00% |
ProAm Explorations Corp fundamentals help investors to digest information that contributes to ProAm Explorations' financial success or failures. It also enables traders to predict the movement of ProAm Stock. The fundamental analysis module provides a way to measure ProAm Explorations' 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 ProAm Explorations stock.
Change In Working Capital is likely to climb to about 42.4 K in 2024, whereas Net Working Capital is likely to drop (17.3 K) in 2024. ProAm | Working Capital |
ProAm Explorations Corp Company Working Capital Analysis
ProAm Explorations' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current ProAm Explorations Working Capital | (16.48 K) |
Most of ProAm Explorations' fundamental indicators, such as Working Capital, 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, ProAm Explorations Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition |
ProAm Net Invested Capital
Net Invested Capital |
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Based on the company's disclosures, ProAm Explorations Corp has a Working Capital of (16,485). This is 99.99% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The working capital for all Canada stocks is 100.0% higher than that of the company.
ProAm Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProAm Explorations' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ProAm Explorations could also be used in its relative valuation, which is a method of valuing ProAm Explorations by comparing valuation metrics of similar companies.ProAm Explorations is currently under evaluation in working capital category among its peers.
ProAm Fundamentals
Return On Equity | -0.28 | ||||
Return On Asset | -0.19 | ||||
Operating Margin | 31.44 % | ||||
Current Valuation | 390.02 K | ||||
Shares Outstanding | 8.88 M | ||||
Shares Owned By Insiders | 25.41 % | ||||
Number Of Shares Shorted | 71 | ||||
Price To Earning | 25.00 X | ||||
Price To Book | 0.87 X | ||||
Price To Sales | 117.06 X | ||||
Revenue | 6.23 K | ||||
Gross Profit | 19.84 K | ||||
EBITDA | 28.16 K | ||||
Net Income | (218.31 K) | ||||
Cash And Equivalents | 13.24 K | ||||
Total Debt | 49.04 K | ||||
Debt To Equity | 0.06 % | ||||
Current Ratio | 0.80 X | ||||
Book Value Per Share | 0.06 X | ||||
Cash Flow From Operations | (32.58 K) | ||||
Short Ratio | 0.01 X | ||||
Earnings Per Share | (0.01) X | ||||
Beta | 1.01 | ||||
Market Capitalization | 444.24 K | ||||
Total Asset | 621.04 K | ||||
Retained Earnings | (10.26 M) | ||||
Working Capital | (16.48 K) | ||||
Net Asset | 621.04 K |
About ProAm Explorations Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProAm Explorations Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProAm Explorations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProAm Explorations 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 ProAm Stock Analysis
When running ProAm Explorations' price analysis, check to measure ProAm Explorations' 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 ProAm Explorations is operating at the current time. Most of ProAm Explorations' value examination focuses on studying past and present price action to predict the probability of ProAm Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAm Explorations' price. Additionally, you may evaluate how the addition of ProAm Explorations to your portfolios can decrease your overall portfolio volatility.