Mcewen Mining Stock Current Liabilities
| MUX Stock | CAD 14.03 0.05 0.36% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess McEwen Mining's long-term financial health and intrinsic value.
As of the 1st of August 2025, Total Current Liabilities is likely to grow to about 50.1 M. Also, Non Current Liabilities Total is likely to grow to about 128.1 M. McEwen | Current Liabilities |
McEwen Mining Company Current Liabilities Analysis
McEwen Mining's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
McEwen Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for McEwen Mining is extremely important. It helps to project a fair market value of McEwen Stock properly, considering its historical fundamentals such as Current Liabilities. Since McEwen Mining'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 McEwen Mining'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 McEwen Mining's interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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McEwen Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, McEwen Mining has a Current Liabilities of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.
McEwen Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses McEwen Mining's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of McEwen Mining could also be used in its relative valuation, which is a method of valuing McEwen Mining by comparing valuation metrics of similar companies.McEwen Mining is currently under evaluation in current liabilities category among its peers.
McEwen Fundamentals
| Return On Equity | -0.0615 | ||||
| Return On Asset | -0.0063 | ||||
| Profit Margin | (0.18) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 823.39 M | ||||
| Shares Outstanding | 53.99 M | ||||
| Shares Owned By Insiders | 15.73 % | ||||
| Shares Owned By Institutions | 39.80 % | ||||
| Number Of Shares Shorted | 217.52 K | ||||
| Price To Earning | (132.50) X | ||||
| Price To Book | 1.15 X | ||||
| Price To Sales | 4.50 X | ||||
| Revenue | 174.48 M | ||||
| Gross Profit | 54.76 M | ||||
| EBITDA | 23.42 M | ||||
| Net Income | (43.69 M) | ||||
| Cash And Equivalents | 46.42 M | ||||
| Cash Per Share | 0.98 X | ||||
| Total Debt | 169.65 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 1.64 X | ||||
| Book Value Per Share | 8.90 X | ||||
| Cash Flow From Operations | 29.45 M | ||||
| Short Ratio | 3.71 X | ||||
| Earnings Per Share | (0.78) X | ||||
| Target Price | 21.41 | ||||
| Number Of Employees | 1.86 K | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 760.15 M | ||||
| Total Asset | 664.62 M | ||||
| Retained Earnings | (1.31 B) | ||||
| Working Capital | (6.5 M) | ||||
| Net Asset | 664.62 M |
About McEwen Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze McEwen Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of McEwen Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of McEwen Mining 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.
Pair Trading with McEwen Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if McEwen Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in McEwen Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with McEwen Stock
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| 0.85 | FDY | Faraday Copper Corp | PairCorr |
Moving against McEwen Stock
The ability to find closely correlated positions to McEwen Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McEwen Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back McEwen Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling McEwen Mining to buy it.
The correlation of McEwen Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as McEwen Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McEwen Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for McEwen Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McEwen Mining. 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. To learn how to invest in McEwen Stock, please use our How to Invest in McEwen Mining guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.