McEwen Net Debt vs Other Current Liab Analysis

0JZT Stock

8.06 0.12 1.47%

McEwen Mining financial indicator trend analysis is infinitely more than just investigating McEwen Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McEwen Mining is a good investment. Please check the relationship between McEwen Mining Net Debt and its Other Current Liab accounts. Check out Trending Equities 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.

For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.

Net Debt vs Other Current Liab

Net Debt vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Net Debt account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between McEwen Mining's Net Debt and Other Current Liab is 0.42. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of McEwen Mining, assuming nothing else is changed. The correlation between historical values of McEwen Mining's Net Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of McEwen Mining are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Debt i.e., McEwen Mining's Net Debt and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Liab

Most indicators from McEwen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McEwen Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities 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.

For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.Selling General Administrative is likely to drop to about 10 M in 2024. Tax Provision is likely to drop to about (1.7 M) in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	23.9M	78.6M	126.4M	70.1M
Cost Of Revenue	150.1M	130.0M	201.9M	109.4M

Total Operating Expenses Cost Of Revenue

McEwen Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Short Term Investments	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Property Plant Equipment
Total Assets		-0.27	-0.41	0.98	0.94	-0.75	0.86	-0.39	0.73	1.0	-0.91	0.1	0.68	-0.58	-0.63	0.0	-0.23	-0.59	0.41	-0.47	0.79	-0.48	-0.46	-0.44	0.0	-0.43
Other Current Liab	-0.27		0.69	-0.4	-0.2	0.42	-0.46	0.42	-0.11	-0.27	0.15	0.09	-0.15	0.56	0.09	0.01	-0.19	0.4	-0.08	0.45	-0.5	-0.27	0.5	0.33	0.36	0.14
Total Current Liabilities	-0.41	0.69		-0.55	-0.31	0.59	-0.65	0.89	0.03	-0.44	0.29	0.52	0.03	0.73	0.63	0.0	-0.03	0.79	0.3	0.65	-0.51	0.02	0.8	0.59	0.6	0.55
Total Stockholder Equity	0.98	-0.4	-0.55		0.92	-0.82	0.92	-0.5	0.67	0.98	-0.88	0.03	0.64	-0.7	-0.65	0.04	-0.14	-0.7	0.36	-0.58	0.82	-0.39	-0.59	-0.55	-0.1	-0.49
Property Plant And Equipment Net	0.94	-0.2	-0.31	0.92		-0.71	0.86	-0.3	0.73	0.94	-0.86	0.21	0.68	-0.63	-0.58	0.04	-0.25	-0.6	0.44	-0.57	0.78	-0.49	-0.4	-0.5	0.11	-0.46
Net Debt	-0.75	0.42	0.59	-0.82	-0.71		-0.89	0.52	-0.67	-0.74	0.79	0.14	-0.68	0.81	0.6	-0.27	-0.14	0.84	-0.44	0.75	-0.81	0.06	0.85	0.84	0.21	0.75
Retained Earnings	0.86	-0.46	-0.65	0.92	0.86	-0.89		-0.61	0.57	0.86	-0.79	-0.05	0.54	-0.89	-0.65	0.16	-0.06	-0.85	0.25	-0.84	0.82	-0.26	-0.76	-0.77	-0.11	-0.68
Accounts Payable	-0.39	0.42	0.89	-0.5	-0.3	0.52	-0.61		0.13	-0.43	0.26	0.68	0.16	0.66	0.69	0.16	0.14	0.82	0.44	0.63	-0.47	0.23	0.77	0.63	0.34	0.66
Cash	0.73	-0.11	0.03	0.67	0.73	-0.67	0.57	0.13		0.68	-0.83	0.28	0.99	-0.32	-0.29	0.2	-0.12	-0.25	0.86	-0.26	0.6	-0.22	-0.17	-0.28	0.18	-0.25
Non Current Assets Total	1.0	-0.27	-0.44	0.98	0.94	-0.74	0.86	-0.43	0.68		-0.89	0.07	0.63	-0.58	-0.66	-0.02	-0.25	-0.6	0.35	-0.47	0.79	-0.51	-0.47	-0.44	-0.02	-0.44
Non Currrent Assets Other	-0.91	0.15	0.29	-0.88	-0.86	0.79	-0.79	0.26	-0.83	-0.89		-0.01	-0.79	0.58	0.59	-0.15	0.25	0.55	-0.54	0.47	-0.72	0.43	0.45	0.47	0.02	0.5
Other Assets	0.1	0.09	0.52	0.03	0.21	0.14	-0.05	0.68	0.28	0.07	-0.01		0.29	0.2	0.48	0.09	0.23	0.39	0.44	0.2	-0.07	0.07	0.39	0.28	0.4	0.41
Cash And Short Term Investments	0.68	-0.15	0.03	0.64	0.68	-0.68	0.54	0.16	0.99	0.63	-0.79	0.29		-0.33	-0.22	0.26	0.0	-0.24	0.9	-0.27	0.56	-0.08	-0.2	-0.3	0.13	-0.23
Common Stock Shares Outstanding	-0.58	0.56	0.73	-0.7	-0.63	0.81	-0.89	0.66	-0.32	-0.58	0.58	0.2	-0.33		0.49	-0.29	-0.09	0.9	-0.13	0.95	-0.65	0.02	0.84	0.86	0.23	0.67
Inventory	-0.63	0.09	0.63	-0.65	-0.58	0.6	-0.65	0.69	-0.29	-0.66	0.59	0.48	-0.22	0.49		-0.06	0.43	0.7	0.18	0.49	-0.65	0.58	0.56	0.51	0.38	0.67
Other Current Assets	0.0	0.01	0.0	0.04	0.04	-0.27	0.16	0.16	0.2	-0.02	-0.15	0.09	0.26	-0.29	-0.06		0.36	-0.11	0.23	-0.27	0.0	0.31	-0.22	-0.22	-0.29	0.02
Other Stockholder Equity	-0.23	-0.19	-0.03	-0.14	-0.25	-0.14	-0.06	0.14	-0.12	-0.25	0.25	0.23	0.0	-0.09	0.43	0.36		-0.05	0.19	-0.07	-0.19	0.88	-0.29	-0.21	-0.32	0.03
Total Liab	-0.59	0.4	0.79	-0.7	-0.6	0.84	-0.85	0.82	-0.25	-0.6	0.55	0.39	-0.24	0.9	0.7	-0.11	-0.05		0.01	0.87	-0.7	0.15	0.93	0.93	0.3	0.85
Total Current Assets	0.41	-0.08	0.3	0.36	0.44	-0.44	0.25	0.44	0.86	0.35	-0.54	0.44	0.9	-0.13	0.18	0.23	0.19	0.01		-0.04	0.31	0.13	0.01	-0.12	0.28	0.04
Common Stock	-0.47	0.45	0.65	-0.58	-0.57	0.75	-0.84	0.63	-0.26	-0.47	0.47	0.2	-0.27	0.95	0.49	-0.27	-0.07	0.87	-0.04		-0.61	0.01	0.8	0.89	0.15	0.76
Net Receivables	0.79	-0.5	-0.51	0.82	0.78	-0.81	0.82	-0.47	0.6	0.79	-0.72	-0.07	0.56	-0.65	-0.65	0.0	-0.19	-0.7	0.31	-0.61		-0.37	-0.64	-0.67	-0.08	-0.65
Short Term Investments	-0.48	-0.27	0.02	-0.39	-0.49	0.06	-0.26	0.23	-0.22	-0.51	0.43	0.07	-0.08	0.02	0.58	0.31	0.88	0.15	0.13	0.01	-0.37		-0.11	-0.02	-0.35	0.18
Short Long Term Debt Total	-0.46	0.5	0.8	-0.59	-0.4	0.85	-0.76	0.77	-0.17	-0.47	0.45	0.39	-0.2	0.84	0.56	-0.22	-0.29	0.93	0.01	0.8	-0.64	-0.11		0.91	0.42	0.81
Non Current Liabilities Total	-0.44	0.33	0.59	-0.55	-0.5	0.84	-0.77	0.63	-0.28	-0.44	0.47	0.28	-0.3	0.86	0.51	-0.22	-0.21	0.93	-0.12	0.89	-0.67	-0.02	0.91		0.17	0.89
Short Term Debt	0.0	0.36	0.6	-0.1	0.11	0.21	-0.11	0.34	0.18	-0.02	0.02	0.4	0.13	0.23	0.38	-0.29	-0.32	0.3	0.28	0.15	-0.08	-0.35	0.42	0.17		0.19
Property Plant Equipment	-0.43	0.14	0.55	-0.49	-0.46	0.75	-0.68	0.66	-0.25	-0.44	0.5	0.41	-0.23	0.67	0.67	0.02	0.03	0.85	0.04	0.76	-0.65	0.18	0.81	0.89	0.19

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McEwen Mining Account Relationship Matchups

McEwen Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	642.3M	508.8M	534.7M	528.7M	659.5M	511.4M
Other Current Liab	2.6M	7.2M	10.0M	15.2M	4.9M	5.9M
Total Current Liabilities	48.8M	45.6M	52.4M	84.2M	30.0M	40.1M
Total Stockholder Equity	499.5M	365.3M	375.2M	322.8M	502.4M	400.8M
Property Plant And Equipment Net	418.8M	329.1M	342.3M	346.3M	170.0M	308.6M
Net Debt	10.2M	32.8M	(851K)	27.7M	18.4M	19.4M
Retained Earnings	(1.0B)	(1.2B)	(1.2B)	(1.3B)	(1.3B)	(1.3B)
Accounts Payable	34.0M	35.9M	39.5M	42.4M	22.6M	29.4M
Cash	46.5M	20.8M	56.8M	39.8M	23.0M	28.4M
Non Current Assets Total	550.4M	455.3M	449.7M	447.1M	604.6M	456.1M
Non Currrent Assets Other	10.2M	5.4M	3.3M	3.5M	15.3M	16.0M
Other Assets	10.3M	9.0M	7.1M	7.3M	2.3M	2.2M
Cash And Short Term Investments	48.3M	20.8M	58.6M	41.1M	24.8M	30.3M
Common Stock Shares Outstanding	36.2M	40.3M	45.5M	47.4M	47.5M	39.2M
Inventory	38.4M	27.0M	15.8M	31.7M	19.9M	23.7M
Other Current Assets	5.3M	4.0M	13.1M	8.8M	5.6M	8.4M
Total Liab	142.9M	143.4M	144.7M	172.4M	157.1M	105.7M
Total Current Assets	92.0M	53.5M	85.0M	81.7M	52.7M	75.4M
Common Stock	1.5B	1.5B	1.6B	1.6B	1.8B	1.6B
Net Receivables	2.7M	1.7M	3.7M	2.9M	2.4M	3.4M
Short Term Investments	3.1M	1.9M	1.8M	1.3M	1.7M	2.3M
Liabilities And Stockholders Equity	642.3M	508.8M	534.7M	528.7M	657.2M	462.1M
Short Long Term Debt Total	56.6M	53.7M	56.0M	67.4M	41.5M	46.0M
Non Current Liabilities Total	94.1M	97.9M	92.3M	88.3M	124.8M	87.2M
Short Term Debt	12.1M	2.4M	2.9M	11.2M	978K	929.1K
Property Plant Equipment	418.8M	329.1M	342.3M	346.3M	398.2M	386.8M
Other Liab	38.4M	37.8M	32.6M	33.1M	29.8M	28.8M
Net Tangible Assets	499.5M	365.3M	375.2M	322.8M	290.5M	342.7M

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McEwen Net Debt vs Other Current Liab Analysis

Net Debt vs Other Current Liab

Net Debt vs Other Current Liab Correlation Analysis

Correlation Coefficient

Net Debt

Other Current Liab

McEwen Mining fundamental ratios Correlations

McEwen Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

McEwen Mining fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.95	Common Stock Shares Outstanding
Property Plant And Equipment Net	+ 0.94	Total Assets

Non Currrent Assets Other	- 0.91	Total Assets
Non Currrent Assets Other	- 0.89	Non Current Assets Total
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Retained Earnings	- 0.89	Net Debt
Non Currrent Assets Other	- 0.88	Total Stockholder Equity
Non Currrent Assets Other	- 0.86	Property Plant And Equipment Net