Tirex Corp Stock Working Capital
Tirex Corp fundamentals help investors to digest information that contributes to Tirex Corp's financial success or failures. It also enables traders to predict the movement of Tirex Stock. The fundamental analysis module provides a way to measure Tirex Corp'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 Tirex Corp stock.
| Last Reported | Projected for Next Year |
Tirex | Working Capital |
Tirex Corp Company Working Capital Analysis
Tirex Corp's 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 Tirex Corp Working Capital | (4.98 M) |
Most of Tirex Corp's 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, Tirex Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tirex Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Tirex Corp is extremely important. It helps to project a fair market value of Tirex Stock properly, considering its historical fundamentals such as Working Capital. Since Tirex Corp's 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 Tirex Corp's 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 Tirex Corp's interrelated accounts and indicators.
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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 |
Based on the company's disclosures, Tirex Corp has a Working Capital of (4.98 Million). This is 101.55% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The working capital for all United States stocks is 100.34% higher than that of the company.
Tirex Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tirex Corp's 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 Tirex Corp could also be used in its relative valuation, which is a method of valuing Tirex Corp by comparing valuation metrics of similar companies.Tirex Corp is currently under evaluation in working capital category among its peers.
Tirex Fundamentals
| Current Valuation | 1.79 M | ||||
| Shares Outstanding | 2.23 B | ||||
| Shares Owned By Institutions | 0.01 % | ||||
| Net Income | (131.28 K) | ||||
| Total Debt | 429.09 K | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (44.54 K) | ||||
| Beta | -69.95 | ||||
| Market Capitalization | 1.79 M | ||||
| Total Asset | 1 | ||||
| Retained Earnings | (33.9 M) | ||||
| Working Capital | (4.98 M) | ||||
| Current Liabilities | 4.98 M | ||||
| Net Asset | 1 |
About Tirex Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tirex Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tirex Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tirex 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tirex Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tirex Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tirex Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tirex Corp Stock:Check out Tirex Corp Piotroski F Score and Tirex Corp Altman Z Score analysis. For information on how to trade Tirex Stock refer to our How to Trade Tirex Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tirex Corp. If investors know Tirex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tirex Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tirex Corp is measured differently than its book value, which is the value of Tirex that is recorded on the company's balance sheet. Investors also form their own opinion of Tirex Corp's value that differs from its market value or its book value, called intrinsic value, which is Tirex Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tirex Corp's market value can be influenced by many factors that don't directly affect Tirex Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tirex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tirex Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tirex Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.