Tanzanian Royalty Exploration Stock Current Asset
| TRX Stock | USD 0.35 0.01 2.78% |
Tanzanian Royalty Exploration fundamentals help investors to digest information that contributes to Tanzanian Royalty's financial success or failures. It also enables traders to predict the movement of Tanzanian Stock. The fundamental analysis module provides a way to measure Tanzanian Royalty's 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 Tanzanian Royalty stock.
Non Current Assets Total is likely to rise to about 80.9 M in 2024. Other Current Assets is likely to rise to about 1.8 M in 2024. Tanzanian | Current Asset |
Tanzanian Royalty Exploration Company Current Asset Analysis
Tanzanian Royalty's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Tanzanian Royalty Current Asset | 787 K |
Most of Tanzanian Royalty's fundamental indicators, such as Current 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, Tanzanian Royalty Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tanzanian Current Asset Historical Pattern
Today, most investors in Tanzanian Royalty Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tanzanian Royalty's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tanzanian Royalty current asset as a starting point in their analysis.
Tanzanian Royalty Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Tanzanian Total Assets
Total Assets |
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In accordance with the recently published financial statements, Tanzanian Royalty Exploration has a Current Asset of 787 K. This is 99.99% lower than that of the Metals & Mining sector and 99.85% lower than that of the Materials industry. The current asset for all United States stocks is 99.99% higher than that of the company.
Tanzanian Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tanzanian Royalty's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tanzanian Royalty could also be used in its relative valuation, which is a method of valuing Tanzanian Royalty by comparing valuation metrics of similar companies.Tanzanian Royalty is currently under evaluation in current asset category among its peers.
Tanzanian Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tanzanian Royalty from analyzing Tanzanian Royalty's financial statements. These drivers represent accounts that assess Tanzanian Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tanzanian Royalty's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 185.5M | 96.3M | 128.6M | 110.6M | 127.2M | 120.8M | |
| Enterprise Value | 186.6M | 82.9M | 120.1M | 103.1M | 118.5M | 112.6M |
Tanzanian Fundamentals
| Return On Equity | 0.042 | ||||
| Return On Asset | 0.0612 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 90.55 M | ||||
| Shares Outstanding | 279.57 M | ||||
| Shares Owned By Insiders | 2.15 % | ||||
| Shares Owned By Institutions | 1.55 % | ||||
| Number Of Shares Shorted | 223.05 K | ||||
| Price To Earning | (4.03) X | ||||
| Price To Book | 1.89 X | ||||
| Price To Sales | 2.70 X | ||||
| Revenue | 38.32 M | ||||
| Gross Profit | 9.5 M | ||||
| EBITDA | 15.45 M | ||||
| Net Income | 7.04 M | ||||
| Cash And Equivalents | 10.46 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 101 K | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | 0.19 X | ||||
| Cash Flow From Operations | 17.33 M | ||||
| Short Ratio | 0.52 X | ||||
| Target Price | 1.38 | ||||
| Number Of Employees | 130 | ||||
| Beta | 0.13 | ||||
| Market Capitalization | 99 M | ||||
| Total Asset | 84.2 M | ||||
| Retained Earnings | (121.42 M) | ||||
| Working Capital | (617 K) | ||||
| Current Asset | 787 K | ||||
| Current Liabilities | 9.81 M | ||||
| Net Asset | 84.2 M |
About Tanzanian Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tanzanian Royalty Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tanzanian Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tanzanian Royalty Exploration 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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When running Tanzanian Royalty's price analysis, check to measure Tanzanian Royalty's 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 Tanzanian Royalty is operating at the current time. Most of Tanzanian Royalty's value examination focuses on studying past and present price action to predict the probability of Tanzanian Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanzanian Royalty's price. Additionally, you may evaluate how the addition of Tanzanian Royalty to your portfolios can decrease your overall portfolio volatility.