Eastern Goldfields Stock Working Capital

EGDD Stock  USD 0.0001  0.0005  83.33%   
Fundamental analysis of Eastern Goldfields allows traders to better anticipate movements in Eastern Goldfields' stock price by examining its financial health and performance throughout various phases of its business cycle.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eastern Goldfields Company Working Capital Analysis

Eastern Goldfields' 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
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

According to the company's disclosures, Eastern Goldfields has a Working Capital of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Shell Companies (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.

Eastern Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastern Goldfields' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Eastern Goldfields could also be used in its relative valuation, which is a method of valuing Eastern Goldfields by comparing valuation metrics of similar companies.
Eastern Goldfields is currently under evaluation in working capital category among its peers.

Eastern Fundamentals

About Eastern Goldfields Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastern Goldfields's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastern Goldfields using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastern Goldfields 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Eastern Pink Sheet

Eastern Goldfields financial ratios help investors to determine whether Eastern Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastern with respect to the benefits of owning Eastern Goldfields security.