McEwen Non Currrent Assets Other vs Non Current Liabilities Total 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 Non Currrent Assets Other and its Non Current Liabilities Total 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.

Non Currrent Assets Other vs Non Current Liabilities Total

Non Currrent Assets Other vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Non Currrent Assets Other account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between McEwen Mining's Non Currrent Assets Other and Non Current Liabilities Total is 0.47. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Liabilities Total 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 Non Currrent Assets Other and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of McEwen Mining are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Currrent Assets Other i.e., McEwen Mining's Non Currrent Assets Other and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Liabilities Total

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 Expenses23.9M78.6M126.4M70.1M
Cost Of Revenue150.1M130.0M201.9M109.4M

McEwen Mining fundamental ratios Correlations

-0.27-0.410.980.94-0.750.86-0.390.731.0-0.910.10.68-0.58-0.630.0-0.23-0.590.41-0.470.79-0.48-0.46-0.440.0-0.43
-0.270.69-0.4-0.20.42-0.460.42-0.11-0.270.150.09-0.150.560.090.01-0.190.4-0.080.45-0.5-0.270.50.330.360.14
-0.410.69-0.55-0.310.59-0.650.890.03-0.440.290.520.030.730.630.0-0.030.790.30.65-0.510.020.80.590.60.55
0.98-0.4-0.550.92-0.820.92-0.50.670.98-0.880.030.64-0.7-0.650.04-0.14-0.70.36-0.580.82-0.39-0.59-0.55-0.1-0.49
0.94-0.2-0.310.92-0.710.86-0.30.730.94-0.860.210.68-0.63-0.580.04-0.25-0.60.44-0.570.78-0.49-0.4-0.50.11-0.46
-0.750.420.59-0.82-0.71-0.890.52-0.67-0.740.790.14-0.680.810.6-0.27-0.140.84-0.440.75-0.810.060.850.840.210.75
0.86-0.46-0.650.920.86-0.89-0.610.570.86-0.79-0.050.54-0.89-0.650.16-0.06-0.850.25-0.840.82-0.26-0.76-0.77-0.11-0.68
-0.390.420.89-0.5-0.30.52-0.610.13-0.430.260.680.160.660.690.160.140.820.440.63-0.470.230.770.630.340.66
0.73-0.110.030.670.73-0.670.570.130.68-0.830.280.99-0.32-0.290.2-0.12-0.250.86-0.260.6-0.22-0.17-0.280.18-0.25
1.0-0.27-0.440.980.94-0.740.86-0.430.68-0.890.070.63-0.58-0.66-0.02-0.25-0.60.35-0.470.79-0.51-0.47-0.44-0.02-0.44
-0.910.150.29-0.88-0.860.79-0.790.26-0.83-0.89-0.01-0.790.580.59-0.150.250.55-0.540.47-0.720.430.450.470.020.5
0.10.090.520.030.210.14-0.050.680.280.07-0.010.290.20.480.090.230.390.440.2-0.070.070.390.280.40.41
0.68-0.150.030.640.68-0.680.540.160.990.63-0.790.29-0.33-0.220.260.0-0.240.9-0.270.56-0.08-0.2-0.30.13-0.23
-0.580.560.73-0.7-0.630.81-0.890.66-0.32-0.580.580.2-0.330.49-0.29-0.090.9-0.130.95-0.650.020.840.860.230.67
-0.630.090.63-0.65-0.580.6-0.650.69-0.29-0.660.590.48-0.220.49-0.060.430.70.180.49-0.650.580.560.510.380.67
0.00.010.00.040.04-0.270.160.160.2-0.02-0.150.090.26-0.29-0.060.36-0.110.23-0.270.00.31-0.22-0.22-0.290.02
-0.23-0.19-0.03-0.14-0.25-0.14-0.060.14-0.12-0.250.250.230.0-0.090.430.36-0.050.19-0.07-0.190.88-0.29-0.21-0.320.03
-0.590.40.79-0.7-0.60.84-0.850.82-0.25-0.60.550.39-0.240.90.7-0.11-0.050.010.87-0.70.150.930.930.30.85
0.41-0.080.30.360.44-0.440.250.440.860.35-0.540.440.9-0.130.180.230.190.01-0.040.310.130.01-0.120.280.04
-0.470.450.65-0.58-0.570.75-0.840.63-0.26-0.470.470.2-0.270.950.49-0.27-0.070.87-0.04-0.610.010.80.890.150.76
0.79-0.5-0.510.820.78-0.810.82-0.470.60.79-0.72-0.070.56-0.65-0.650.0-0.19-0.70.31-0.61-0.37-0.64-0.67-0.08-0.65
-0.48-0.270.02-0.39-0.490.06-0.260.23-0.22-0.510.430.07-0.080.020.580.310.880.150.130.01-0.37-0.11-0.02-0.350.18
-0.460.50.8-0.59-0.40.85-0.760.77-0.17-0.470.450.39-0.20.840.56-0.22-0.290.930.010.8-0.64-0.110.910.420.81
-0.440.330.59-0.55-0.50.84-0.770.63-0.28-0.440.470.28-0.30.860.51-0.22-0.210.93-0.120.89-0.67-0.020.910.170.89
0.00.360.6-0.10.110.21-0.110.340.18-0.020.020.40.130.230.38-0.29-0.320.30.280.15-0.08-0.350.420.170.19
-0.430.140.55-0.49-0.460.75-0.680.66-0.25-0.440.50.41-0.230.670.670.020.030.850.040.76-0.650.180.810.890.19
Click cells to compare fundamentals

McEwen Mining Account Relationship Matchups

McEwen Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets642.3M508.8M534.7M528.7M659.5M511.4M
Other Current Liab2.6M7.2M10.0M15.2M4.9M5.9M
Total Current Liabilities48.8M45.6M52.4M84.2M30.0M40.1M
Total Stockholder Equity499.5M365.3M375.2M322.8M502.4M400.8M
Property Plant And Equipment Net418.8M329.1M342.3M346.3M170.0M308.6M
Net Debt10.2M32.8M(851K)27.7M18.4M19.4M
Retained Earnings(1.0B)(1.2B)(1.2B)(1.3B)(1.3B)(1.3B)
Accounts Payable34.0M35.9M39.5M42.4M22.6M29.4M
Cash46.5M20.8M56.8M39.8M23.0M28.4M
Non Current Assets Total550.4M455.3M449.7M447.1M604.6M456.1M
Non Currrent Assets Other10.2M5.4M3.3M3.5M15.3M16.0M
Other Assets10.3M9.0M7.1M7.3M2.3M2.2M
Cash And Short Term Investments48.3M20.8M58.6M41.1M24.8M30.3M
Common Stock Shares Outstanding36.2M40.3M45.5M47.4M47.5M39.2M
Inventory38.4M27.0M15.8M31.7M19.9M23.7M
Other Current Assets5.3M4.0M13.1M8.8M5.6M8.4M
Total Liab142.9M143.4M144.7M172.4M157.1M105.7M
Total Current Assets92.0M53.5M85.0M81.7M52.7M75.4M
Common Stock1.5B1.5B1.6B1.6B1.8B1.6B
Net Receivables2.7M1.7M3.7M2.9M2.4M3.4M
Short Term Investments3.1M1.9M1.8M1.3M1.7M2.3M
Liabilities And Stockholders Equity642.3M508.8M534.7M528.7M657.2M462.1M
Short Long Term Debt Total56.6M53.7M56.0M67.4M41.5M46.0M
Non Current Liabilities Total94.1M97.9M92.3M88.3M124.8M87.2M
Short Term Debt12.1M2.4M2.9M11.2M978K929.1K
Property Plant Equipment418.8M329.1M342.3M346.3M398.2M386.8M
Other Liab38.4M37.8M32.6M33.1M29.8M28.8M
Net Tangible Assets499.5M365.3M375.2M322.8M290.5M342.7M

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