Memex Inc Stock Working Capital

OEE Stock  CAD 0.01  0.00  0.00%   
Memex Inc fundamentals help investors to digest information that contributes to Memex's financial success or failures. It also enables traders to predict the movement of Memex Stock. The fundamental analysis module provides a way to measure Memex'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 Memex stock.
Last ReportedProjected for Next Year
Net Working Capital-839.3 K-797.3 K
Change In Working Capital168.8 K100.1 K
Working Capital 0.00  0.00 
Net Working Capital is likely to climb to about (797.3 K) in 2024. Change In Working Capital is likely to drop to about 100.1 K in 2024.
  
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Memex Inc Company Working Capital Analysis

Memex'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

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Memex Working Capital

    
  (932.53 K)  
Most of Memex'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, Memex Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Memex Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Memex is extremely important. It helps to project a fair market value of Memex Stock properly, considering its historical fundamentals such as Working Capital. Since Memex'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 Memex'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 Memex's interrelated accounts and indicators.
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

Memex Net Invested Capital

Net Invested Capital

(722,501)

At this time, Memex's Net Invested Capital is fairly stable compared to the past year.
Based on the company's disclosures, Memex Inc has a Working Capital of (932,534). This is 100.01% lower than that of the Software sector and 100.16% lower than that of the Information Technology industry. The working capital for all Canada stocks is 100.06% higher than that of the company.

Memex Working Capital Peer Comparison

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

Memex Current Valuation Drivers

We derive many important indicators used in calculating different scores of Memex from analyzing Memex's financial statements. These drivers represent accounts that assess Memex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Memex's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.4M2.7M4.1M1.4M1.6M1.5M
Enterprise Value5.8M2.6M3.9M1.7M2.0M1.9M

Memex Fundamentals

About Memex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Memex Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Memex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Memex Inc 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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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Memex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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Complementary Tools for Memex Stock analysis

When running Memex's price analysis, check to measure Memex'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 Memex is operating at the current time. Most of Memex's value examination focuses on studying past and present price action to predict the probability of Memex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Memex's price. Additionally, you may evaluate how the addition of Memex to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Memex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Memex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Memex'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.