Mason Accounts Payable vs Total Stockholder Equity Analysis

LLG Stock  CAD 0.06  0.01  8.33%   
Mason Graphite financial indicator trend analysis is infinitely more than just investigating Mason Graphite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mason Graphite is a good investment. Please check the relationship between Mason Graphite Accounts Payable and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mason Graphite. 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.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mason Graphite Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mason Graphite's Accounts Payable and Total Stockholder Equity is 0.51. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Mason Graphite, assuming nothing else is changed. The correlation between historical values of Mason Graphite's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Mason Graphite are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Mason Graphite's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Mason Graphite obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mason Graphite are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Mason Graphite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mason Graphite 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mason Graphite. 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.
Selling General Administrative is likely to drop to about 2.7 M in 2024. Tax Provision is likely to climb to about (1 M) in 2024

Mason Graphite fundamental ratios Correlations

0.750.99-0.52-0.020.610.640.350.560.20.550.57-0.050.610.730.84-0.010.330.840.480.550.170.170.260.260.43
0.750.69-0.40.280.610.560.410.220.140.750.550.220.50.740.650.210.040.70.290.64-0.06-0.260.290.290.04
0.990.69-0.59-0.10.620.650.30.590.080.410.57-0.20.680.690.83-0.140.30.850.50.510.220.240.280.280.54
-0.52-0.4-0.590.4-0.93-0.93-0.19-0.520.260.03-0.890.56-0.43-0.12-0.140.48-0.1-0.66-0.35-0.48-0.46-0.02-0.13-0.13-0.67
-0.020.28-0.10.4-0.21-0.290.33-0.80.190.52-0.30.480.160.540.330.76-0.230.18-0.630.38-0.16-0.45-0.43-0.43-0.84
0.610.610.62-0.93-0.210.980.360.470.020.310.96-0.250.350.270.2-0.170.170.690.350.650.42-0.170.10.10.46
0.640.560.65-0.93-0.290.980.310.520.020.260.92-0.250.310.190.2-0.230.210.720.370.60.340.020.130.130.51
0.350.410.3-0.190.330.360.31-0.020.220.480.350.070.230.310.190.22-0.220.32-0.250.430.14-0.26-0.26-0.26-0.2
0.560.220.59-0.52-0.80.470.52-0.020.110.010.52-0.290.15-0.010.19-0.50.430.210.860.00.230.370.530.530.86
0.20.140.080.260.190.020.020.220.110.680.010.73-0.350.210.120.710.69-0.040.180.17-0.1-0.170.080.08-0.33
0.550.750.410.030.520.310.260.480.010.680.270.70.120.680.520.740.250.380.140.61-0.04-0.390.010.01-0.38
0.570.550.57-0.89-0.30.960.920.350.520.010.27-0.290.290.210.12-0.220.150.620.380.580.48-0.230.10.10.5
-0.050.22-0.20.560.48-0.25-0.250.07-0.290.730.7-0.29-0.430.170.040.820.2-0.21-0.130.09-0.42-0.23-0.05-0.05-0.7
0.610.50.68-0.430.160.350.310.230.15-0.350.120.29-0.430.730.7-0.2-0.130.630.110.440.28-0.120.040.040.29
0.730.740.69-0.120.540.270.190.31-0.010.210.680.210.170.730.890.410.130.670.10.60.13-0.30.020.02-0.11
0.840.650.83-0.140.330.20.20.190.190.120.520.120.040.70.890.190.210.710.260.450.040.160.160.160.14
-0.010.21-0.140.480.76-0.17-0.230.22-0.50.710.74-0.220.82-0.20.410.190.19-0.03-0.280.38-0.04-0.47-0.37-0.37-0.79
0.330.040.3-0.1-0.230.170.21-0.220.430.690.250.150.2-0.130.130.210.190.190.550.08-0.050.160.460.460.24
0.840.70.85-0.660.180.690.720.320.21-0.040.380.62-0.210.630.670.71-0.030.190.170.670.180.080.070.070.28
0.480.290.5-0.35-0.630.350.37-0.250.860.180.140.38-0.130.110.10.26-0.280.550.170.130.170.250.590.590.7
0.550.640.51-0.480.380.650.60.430.00.170.610.580.090.440.60.450.380.080.670.130.48-0.37-0.32-0.32-0.06
0.17-0.060.22-0.46-0.160.420.340.140.23-0.1-0.040.48-0.420.280.130.04-0.04-0.050.180.170.48-0.27-0.55-0.550.33
0.17-0.260.24-0.02-0.45-0.170.02-0.260.37-0.17-0.39-0.23-0.23-0.12-0.30.16-0.470.160.080.25-0.37-0.270.270.270.48
0.260.290.28-0.13-0.430.10.13-0.260.530.080.010.1-0.050.040.020.16-0.370.460.070.59-0.32-0.550.271.00.44
0.260.290.28-0.13-0.430.10.13-0.260.530.080.010.1-0.050.040.020.16-0.370.460.070.59-0.32-0.550.271.00.44
0.430.040.54-0.67-0.840.460.51-0.20.86-0.33-0.380.5-0.70.29-0.110.14-0.790.240.280.7-0.060.330.480.440.44
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Mason Graphite Account Relationship Matchups

Mason Graphite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.2M26.5M26.4M26.9M38.0M45.4M
Total Current Liabilities3.0M1.6M178.1K308.9K110.9K105.4K
Total Stockholder Equity30.2M24.9M20.5M26.6M37.9M38.0M
Net Debt(26.6M)(20.1M)(7.3M)(7.6M)(6.8M)(7.2M)
Retained Earnings(88.7M)(95.2M)(100.5M)(97.0M)(86.8M)(82.5M)
Cash26.6M20.1M7.3M7.6M5.5M5.2M
Cash And Short Term Investments26.6M20.1M7.3M7.6M8.7M14.4M
Net Receivables751.3K169.6K213.6K215.7K194.2K184.5K
Common Stock Shares Outstanding136.2M136.2M136.3M140.9M141.3M115.0M
Liabilities And Stockholders Equity33.2M26.5M26.4M26.9M30.9M45.7M
Other Stockholder Equity11.1M11.2M12.3M13.1M11.8M17.6M
Total Liab3.0M1.6M277.1K308.9K110.9K105.4K
Total Current Assets27.5M20.4M20.7M7.8M5.8M5.5M
Other Current Liab1.6M1.4M120.6K308.9K355.2K337.4K
Property Plant And Equipment Net76.8M5.8M5.7M5.7M5.1M0.0
Non Current Assets Total5.8M6.2M5.7M19.1M32.2M23.5M
Accumulated Other Comprehensive Income11.2M12.3M13.1M13.3M15.3M11.7M
Net Tangible Assets56.6M30.2M24.9M20.5M23.5M40.7M
Accounts Payable1.4M192.6K57.5K110.8K66.4K63.1K
Long Term Investments5.5M8.0M0.014.0M32.2M33.8M
Property Plant Equipment43.1M5.8M5.7M5.7M5.1M4.9M
Other Current Assets102.4K64.5K13.2M45.2K52.0K49.4K
Net Invested Capital30.2M24.9M20.5M26.6M37.9M36.7M
Net Working Capital24.5M18.7M20.6M7.5M5.7M5.4M

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