MagIndustries Accounts Payable from 2010 to 2024

MAAFF Stock  USD 0.0001  0.00  0.00%   
MagIndustries Corp's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 120.4 M this year. Accounts Payable is the amount MagIndustries Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents MagIndustries Corp's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
27.5 M
Current Value
27.8 M
Quarterly Volatility
18.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MagIndustries Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MagIndustries Corp's main balance sheet or income statement drivers, such as Discontinued Operations of 376.9 K, Interest Expense of 0.0 or Selling General Administrative of 10.8 M, as well as many indicators such as Price To Sales Ratio of 20.03, Dividend Yield of 0.0 or PTB Ratio of 2.77. MagIndustries financial statements analysis is a perfect complement when working with MagIndustries Corp Valuation or Volatility modules.
  
Check out the analysis of MagIndustries Corp Correlation against competitors.
For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in MagIndustries Stock

When determining whether MagIndustries Corp is a strong investment it is important to analyze MagIndustries Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MagIndustries Corp's future performance. For an informed investment choice regarding MagIndustries Stock, refer to the following important reports:
Check out the analysis of MagIndustries Corp Correlation against competitors.
For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Paper & Forest Products 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 MagIndustries Corp. If investors know MagIndustries 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 MagIndustries Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.003
Return On Assets
(0.06)
Return On Equity
(0.35)
The market value of MagIndustries Corp is measured differently than its book value, which is the value of MagIndustries that is recorded on the company's balance sheet. Investors also form their own opinion of MagIndustries Corp's value that differs from its market value or its book value, called intrinsic value, which is MagIndustries 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 MagIndustries Corp's market value can be influenced by many factors that don't directly affect MagIndustries 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 MagIndustries Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagIndustries Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagIndustries 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.