Metallic Minerals Current Ratio vs. Price To Earning
| MMNGF Stock | USD 0.09 0.0005 0.53% |
For Metallic Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Metallic Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Metallic Minerals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Metallic Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Metallic Minerals Corp over time as well as its relative position and ranking within its peers.
Metallic |
Metallic Minerals Corp Price To Earning vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Metallic Minerals's current stock value. Our valuation model uses many indicators to compare Metallic Minerals value to that of its competitors to determine the firm's financial worth. Metallic Minerals Corp is rated below average in current ratio category among its peers. It is rated below average in price to earning category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Metallic Minerals' earnings, one of the primary drivers of an investment's value.Metallic Price To Earning vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Metallic Minerals |
| = | 14.98 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Metallic Minerals |
| = | (4.75) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Metallic Price To Earning Comparison
Metallic Minerals is currently under evaluation in price to earning category among its peers.
Metallic Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Metallic Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Metallic Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Metallic Minerals' change in net profit over the period of time. It can combine multiple indicators of Metallic Minerals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Metallic Minerals Corp. acquires, explores for, and develops mineral properties. Metallic Minerals Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. METALLIC MINERALS is traded on OTC Exchange in the United States.
Metallic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Metallic Minerals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Metallic Minerals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Metallic Minerals' important profitability drivers and their relationship over time.
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Other Information on Investing in Metallic OTC Stock
To fully project Metallic Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Metallic Minerals Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Metallic Minerals' income statement, its balance sheet, and the statement of cash flows.