Majestic Historical Financial Ratios
| MJS Stock | CAD 0.08 0.00 0.00% |
Majestic Gold is lately reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 7.47 will help investors to properly organize and evaluate Majestic Gold Corp financial condition quickly.
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About Majestic Financial Ratios Analysis
Majestic Gold CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Majestic Gold investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Majestic financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Majestic Gold history.
Majestic Gold Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Majestic Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Majestic Gold sales, a figure that is much harder to manipulate than other Majestic Gold Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Majestic Gold Corp dividend as a percentage of Majestic Gold stock price. Majestic Gold Corp dividend yield is a measure of Majestic Gold stock productivity, which can be interpreted as interest rate earned on an Majestic Gold investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Majestic Gold's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Majestic Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Majestic Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Majestic Gold's Average Inventory is fairly stable compared to the past year. Capex To Revenue is likely to climb to 0.35 in 2024, whereas Days Sales Outstanding is likely to drop 7.47 in 2024.
| 2023 | 2024 (projected) | Dividend Yield | 0.009047 | 0.00808 | Price To Sales Ratio | 1.0 | 0.95 |
Majestic Gold fundamentals Correlations
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Majestic Gold Account Relationship Matchups
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Additional Tools for Majestic Stock Analysis
When running Majestic Gold's price analysis, check to measure Majestic Gold'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 Majestic Gold is operating at the current time. Most of Majestic Gold's value examination focuses on studying past and present price action to predict the probability of Majestic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Majestic Gold's price. Additionally, you may evaluate how the addition of Majestic Gold to your portfolios can decrease your overall portfolio volatility.