Trigon Metals Stock Net Asset

TM Stock  CAD 0.85  0.01  1.19%   
Trigon Metals fundamentals help investors to digest information that contributes to Trigon Metals' financial success or failures. It also enables traders to predict the movement of Trigon Stock. The fundamental analysis module provides a way to measure Trigon Metals' 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 Trigon Metals stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Trigon Metals Company Net Asset Analysis

Trigon Metals' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Trigon Metals Net Asset

    
  51.5 M  
Most of Trigon Metals' fundamental indicators, such as Net 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, Trigon Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Trigon Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Trigon Metals is extremely important. It helps to project a fair market value of Trigon Stock properly, considering its historical fundamentals such as Net Asset. Since Trigon Metals' 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 Trigon Metals' 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 Trigon Metals' interrelated accounts and indicators.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Trigon Total Assets

Total Assets

54.07 Million

At this time, Trigon Metals' Total Assets are fairly stable compared to the past year.
Based on the recorded statements, Trigon Metals has a Net Asset of 51.5 M. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The net asset for all Canada stocks is notably lower than that of the firm.

Trigon Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trigon Metals' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trigon Metals could also be used in its relative valuation, which is a method of valuing Trigon Metals by comparing valuation metrics of similar companies.
Trigon Metals is currently under evaluation in net asset category among its peers.

Trigon Metals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Trigon Metals from analyzing Trigon Metals' financial statements. These drivers represent accounts that assess Trigon Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Trigon Metals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.1M24.3M58.8M22.9M20.6M21.6M
Enterprise Value(5.4K)23.5M61.7M2.4M2.1M2.0M

Trigon Fundamentals

About Trigon Metals Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Trigon Stock Analysis

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