Musgrave Minerals Limited - MGV.AX

MGV.AX Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
MGV.AX	0	0	-1.3	14.9	75	67.4	-25.2	541.7	450	67.4
S&P 500	0.8	1.7	2.8	4.2	9.6	25.7	38.2	83.5	195.5	34420.6

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Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	MGV.AX
name	Musgrave Minerals Limited
price	0.385
changes percentage	-1.2821
change	-0.005
day low	0.38
day high	0.385
year high	0.395
year low	0.165
market cap	227615080
price avg 50	0.3415
price avg 200	0.25575
exchange	ASX
volume	187555
avg volume	3781724
open	0.38
previous close	0.39
eps	-0.01
pe	-38.5
earnings announcement	2023-07-28T00:00:00.000+0000
shares outstanding	591208000
timestamp	2023-09-26 02:19:03

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 31.7%

Overall Quarterly Financial Health: 24.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2021	2020	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	0	0	NaN
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	1953156	3195963	-38.89
interest income	57407	63010	-8.89
interest expense	10420	22570	-53.83
ebitda	-1408665	-2725944	48.32
ebitdaratio	0	0	NaN
operating income	-1572307	-2858727	45.00
operating income ratio	0	0	NaN
net income	-1593147	-3178093	49.87
net income ratio	0	0	NaN
eps	-0.0	-0.01	52.38

Overall Score of Annual Income Statement

0.4 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 2 million in 2021 from 3 million in 2020 representing a change of -38.89%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Earnings per Share (EPS): EPS increased to -0.0 in 2021 from -0.0 in 2020 representing a change of 52.38%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -1 million in 2021 from -3 million in 2020 representing a change of 48.32%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -2 million in 2021 from -3 million in 2020 representing a change of 45.0%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -2 million in 2021 from -3 million in 2020 representing a change of 49.87%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2020Q1	2019Q4	Q/Q change %
0000000000
revenue	0	0	NaN
gross profit	0	0	NaN
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	25027	25027	0.0
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	277658	277658	0.0
ebitdaratio	0	0	NaN
operating income	-184759.5	-184759.5	0.0
operating income ratio	0	0	NaN
net income	248042	248042	0.0
net income ratio	0	0	NaN
eps	0.0	0.0	0.0

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2021	2020	Y/Y change %
0000000000
total assets	48907124	49310051	-0.82
total liabilities	2240902	1287852	74.00
total equity	46666222	48022199	-2.82
cash and cash equivalents	10636210	20910936	-49.14
short term investments	0	0	NaN
long term investments	743963	1577188	-52.83
total current assets	10990016	21245901	-48.27
total non current assets	37917108	28064150	35.11
total current liabilities	2230152	1249039	78.55
total non current liabilities	10750	38813	-72.30
common stock	73438246	72739946	0.96
retained earnings	-28638414	-27299085	-4.91
total debt	73239	113937	-35.72

Overall Score of Annual Balance Sheet

0.22 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 49 million in 2021 from 49 million in 2020 representing a change of -0.82%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 2 million in 2021 from 1 million in 2020 representing a change of 74.0%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 47 million in 2021 from 48 million in 2020 representing a change of -2.82%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 11 million in 2021 from 21 million in 2020 representing a change of -49.14%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 11 million in 2021 from 21 million in 2020 representing a change of -48.27%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 2 million in 2021 from 1 million in 2020 representing a change of 78.55%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -29 million in 2021 from -27 million in 2020 representing a change of -4.91%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Common Stock: Common Stock increased to 73 in 2021 from 73 in 2020 representing a change of 0.96%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 0 million in 2021 from 0 million in 2020 representing a change of -35.72%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2021Q4	2020Q4	Q/Q change %
0000000000
total assets	48907124	49310051	-0.82
total liabilities	2240902	1287852	74.00
total equity	46666222	48022199	-2.82
cash and cash equivalents	10636210	20910936	-49.14
short term investments	0	0	NaN
long term investments	743963	1577188	-52.83
total current assets	10990016	21245901	-48.27
total non current assets	37917108	28064150	35.11
total current liabilities	2230152	1249039	78.55
total non current liabilities	10750	38813	-72.30
common stock	73438246	72739946	0.96
retained earnings	-28638414	-27299085	-4.91
total debt	73239	113937	-35.72

Overall Score of Quarterly Balance Sheet

0.22 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 49 million in 2021Q4 from 49 million in 2020Q4 representing a change of -0.82%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 2 million in 2021Q4 from 1 million in 2020Q4 representing a change of 74.0%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 47 million in 2021Q4 from 48 million in 2020Q4 representing a change of -2.82%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 11 million in 2021Q4 from 21 million in 2020Q4 representing a change of -49.14%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 11 million in 2021Q4 from 21 million in 2020Q4 representing a change of -48.27%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 2 million in 2021Q4 from 1 million in 2020Q4 representing a change of 78.55%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -29 million in 2021Q4 from -27 million in 2020Q4 representing a change of -4.91%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Common Stock: Common Stock increased to 73 in 2021Q4 from 73 in 2020Q4 representing a change of 0.96%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 0 million in 2021Q4 from 0 million in 2020Q4 representing a change of -35.72%. This indicates a reduction in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2021	2020	Y/Y change %
0000000000
net change in cash	-10274726	11788244	-187.16
operating cash flow	0	0	NaN
free cash flow	-9470669	-7344633	-28.95
capital expenditure	-9470669	-7344633	-28.95
depreciation and amortization	0	132783	-100.00
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-9470669	-7344633	-28.95
net cash used for investing activites	-9470669	-7344633	-28.95
debt repayment	0	0	NaN
common stock issued	503625	21175422	-97.62
common stock repurchased	-5136	-1046951	99.51
dividends paid	0	0	NaN
net cash used provided by financing activities	417528	20038731	-97.92
cash at end of period	10636210	20910936	-49.14
accounts receivables	0	0	NaN
cash at beginning of period	20910936	9122692	129.22

Overall Score of Annual Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -10 million in 2021 from 12 million in 2020 representing a change of -187.16%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Free Cash Flow: Free Cash Flow decreased to -9 million in 2021 from -7 million in 2020 representing a change of -28.95%. This indicates a decrease in cash generated after accounting for capital expenditures.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to -9 million in 2021 from -7 million in 2020 representing a change of -28.95%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2020Q1	2019Q4	Q/Q change %
0000000000
operating cash flow	0	0	NaN
free cash flow	-526262.75	-526262.75	0.0
capital expenditure	-526262.75	-526262.75	0.0
depreciation and amortization	29616	29616	0.0
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-526262.75	-526262.75	0.0
net cash used for investing activites	-51108	-51108	0.0
debt repayment	0	0	NaN
common stock issued	1930808	1930808	0.0
common stock repurchased	-99115.25	-99115.25	0.0
dividends paid	0	0	NaN
net cash used provided by financing activities	-51108	-51108	0.0
net change in cash	1394740	1394740	0.0
cash at end of period	2280673	2280673	0.0
cash at beginning of period	885933	885933	0.0

Overall Score of Quarterly Cashflow Statement

None

Detailed Analysis

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2022-06-30	2021-06-30	Y/Y change %
FY
calendar year	2021	2020	NaN
revenue per share	0	0	NaN
net income per share	-0.0	-0.01	52.84
operating cash flow per share	0	0	NaN
free cash flow per share	-0.02	-0.01	-21.30
cash per share	0.02	0.04	-52.15
book value per share	0.09	0.1	-8.59
tangible book value per share	0.09	0.1	-8.59
shareholders equity per share	0.09	0.1	-8.59
interest debt per share	0.0	0.0	-42.35
market cap	131315721.81	186552568.47	-29.61
enterprise value	120752750.81	165755569.47	-27.15
pe ratio	-82.43	-58.7	-40.42
price to sales ratio	0	0	NaN
pocfratio	0	0	NaN
pfcf ratio	-13.87	-25.4	45.41
pb ratio	2.81	3.88	-27.56
ptb ratio	2.81	3.88	-27.56
ev to sales	0	0	NaN
enterprise value over ebitda	-85.72	-60.81	-40.97
ev to operating cash flow	0	0	NaN
ev to free cash flow	-12.75	-22.57	43.50
earnings yield	-0.01	-0.02	28.78
free cash flow yield	-0.07	-0.04	-83.19
debt to equity	0.0	0.0	-33.85
debt to assets	0.0	0.0	-35.19
net debt to ebitda	7.5	7.63	-1.71
current ratio	4.93	17.01	-71.03
interest coverage	-150.89	-126.66	-19.13
income quality	0	0	NaN
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	55.31	-100.00
stock based compensation to revenue	0	0	NaN
graham number	0.08	0.12	-34.34
roic	-0.03	-0.07	48.31
return on tangible assets	-0.03	-0.06	49.46
graham net net	0.02	0.04	-59.05
working capital	8759864	19996862	-56.19
tangible asset value	46666222	48022199	-2.82
net current asset value	8749114	19958049	-56.16
invested capital	45933009	46483824	-1.18
average receivables	329585.5	297833	10.66
average payables	1404701	943261	48.92
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.03	-0.07	48.41
capex per share	0.02	0.01	21.30

• Negative

  ROE: Return on Equity (ROE) increased to -0.03 on 2022-06-30 from -0.07 on 2021-06-30, representing a change of 48.41%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -82.43 on 2022-06-30 from -58.70 on 2021-06-30, representing a change of -40.42%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 4.93 on 2022-06-30 from 17.01 on 2021-06-30, representing a change of -71.03%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2022-06-30 from 0.00 on 2021-06-30, representing a change of -33.85%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2022-06-30 Q4	2021-06-30 Q4	Q/Q change %
MGV.AX
calendar year	2021	2020	NaN
revenue per share	0	0	NaN
net income per share	0	0	NaN
operating cash flow per share	0	0	NaN
free cash flow per share	0	0	NaN
cash per share	0	0	NaN
book value per share	0	0	NaN
tangible book value per share	0	0	NaN
shareholders equity per share	0	0	NaN
interest debt per share	0	0	NaN
market cap	0	0	NaN
enterprise value	-10562971	-20796999	49.21
pe ratio	0	0	NaN
price to sales ratio	0	0	NaN
pocfratio	0	0	NaN
pfcf ratio	0	0	NaN
pb ratio	0	0	NaN
ptb ratio	0	0	NaN
ev to sales	0	0	NaN
enterprise value over ebitda	0	0	NaN
ev to operating cash flow	0	0	NaN
ev to free cash flow	0	0	NaN
earnings yield	None	None	NaN
free cash flow yield	0	0	NaN
debt to equity	0.0	0.0	-33.85
debt to assets	0.0	0.0	-35.19
net debt to ebitda	0	0	NaN
current ratio	4.93	17.01	-71.03
interest coverage	0	0	NaN
income quality	0	0	NaN
dividend yield	None	None	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0	0	NaN
roic	None	None	NaN
return on tangible assets	None	None	NaN
graham net net	0	0	NaN
working capital	8759864	19996862	-56.19
tangible asset value	46666222	48022199	-2.82
net current asset value	8749114	19958049	-56.16
invested capital	45933009	46483824	-1.18
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	None	None	NaN
payables turnover	None	None	NaN
inventory turnover	0	0	NaN
roe	None	None	NaN
capex per share	0	0	NaN

• Negative

  Current Ratio: Current Ratio decreased to 4.93 on 2022-06-30 Q4 from 17.01 on 2021-06-30 Q4, representing a change of -71.03%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2022-06-30 Q4 from 0.00 on 2021-06-30 Q4, representing a change of -33.85%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None