West African Resources Stock Working Capital

WAF Stock   1.52  0.01  0.65%   
West African Resources fundamentals help investors to digest information that contributes to West African's financial success or failures. It also enables traders to predict the movement of West Stock. The fundamental analysis module provides a way to measure West African'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 West African stock.
Net Working Capital is likely to gain to about 362.8 M in 2024, despite the fact that Change In Working Capital is likely to grow to (37.9 M).
  
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West African Resources Company Working Capital Analysis

West African'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. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current West African Working Capital

    
  345.54 M  
Most of West African'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, West African Resources 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

West Net Invested Capital

Net Invested Capital

545.09 Million

At this time, West African's Net Invested Capital is comparatively stable compared to the past year.
As per the company's disclosures, West African Resources has a Working Capital of 345.54 M. This is 51.74% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all Australia stocks is 76.62% higher than that of the company.

West Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses West African'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 West African could also be used in its relative valuation, which is a method of valuing West African by comparing valuation metrics of similar companies.
West African is currently under evaluation in working capital category among its peers.

West Fundamentals

About West African Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for West Stock Analysis

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