Mexco Total Current Liabilities from 2010 to 2024

MXC Stock  USD 11.97  0.15  1.24%   
Mexco Energy's Total Current Liabilities is decreasing over the years with very volatile fluctuation. Total Current Liabilities is expected to dwindle to about 318.6 K. Total Current Liabilities is the total amount of liabilities that Mexco Energy is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1999-12-31
Previous Quarter
516.4 K
Current Value
593.7 K
Quarterly Volatility
237.3 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mexco Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mexco Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 5 K or Total Revenue of 3.6 M, as well as many indicators such as Price To Sales Ratio of 4.57, Dividend Yield of 0.0069 or PTB Ratio of 2.05. Mexco financial statements analysis is a perfect complement when working with Mexco Energy Valuation or Volatility modules.
  
Check out the analysis of Mexco Energy Correlation against competitors.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.

Latest Mexco Energy's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Mexco Energy over the last few years. Total Current Liabilities is an item on Mexco Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mexco Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Mexco Energy's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mexco Energy's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Very volatile
   Total Current Liabilities   
       Timeline  

Mexco Total Current Liabilities Regression Statistics

Arithmetic Mean284,845
Geometric Mean242,523
Coefficient Of Variation45.81
Mean Deviation108,656
Median308,912
Standard Deviation130,473
Sample Variance17B
Range414.2K
R-Value(0.0003)
Mean Square Error18.3B
R-Squared0.0000001
Significance1.00
Slope(9.24)
Total Sum of Squares238.3B

Mexco Total Current Liabilities History

2024318.6 K
2023430.1 K
2022258.3 K
2021263.8 K
2020138.5 K
2019182.5 K
2018166.1 K

About Mexco Energy Financial Statements

Mexco Energy stakeholders use historical fundamental indicators, such as Mexco Energy's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Mexco Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mexco Energy's assets and liabilities are reflected in the revenues and expenses on Mexco Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mexco Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities430.1 K318.6 K

Also Currently Popular

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.
When determining whether Mexco Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mexco Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mexco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mexco Energy Stock:
Check out the analysis of Mexco Energy Correlation against competitors.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Oil & Gas Exploration & Production 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 Mexco Energy. If investors know Mexco 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 Mexco Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.25
Earnings Share
0.57
Revenue Per Share
3.313
Quarterly Revenue Growth
0.244
Return On Assets
0.0578
The market value of Mexco Energy is measured differently than its book value, which is the value of Mexco that is recorded on the company's balance sheet. Investors also form their own opinion of Mexco Energy's value that differs from its market value or its book value, called intrinsic value, which is Mexco Energy'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 Mexco Energy's market value can be influenced by many factors that don't directly affect Mexco Energy'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 Mexco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexco Energy'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.