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 Direction | Positive |
Relationship Strength | Weak |
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
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Mason Graphite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mason Graphite fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.2M | 26.5M | 26.4M | 26.9M | 38.0M | 45.4M | |
Total Current Liabilities | 3.0M | 1.6M | 178.1K | 308.9K | 110.9K | 105.4K | |
Total Stockholder Equity | 30.2M | 24.9M | 20.5M | 26.6M | 37.9M | 38.0M | |
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) | |
Cash | 26.6M | 20.1M | 7.3M | 7.6M | 5.5M | 5.2M | |
Cash And Short Term Investments | 26.6M | 20.1M | 7.3M | 7.6M | 8.7M | 14.4M | |
Net Receivables | 751.3K | 169.6K | 213.6K | 215.7K | 194.2K | 184.5K | |
Common Stock Shares Outstanding | 136.2M | 136.2M | 136.3M | 140.9M | 141.3M | 115.0M | |
Liabilities And Stockholders Equity | 33.2M | 26.5M | 26.4M | 26.9M | 30.9M | 45.7M | |
Other Stockholder Equity | 11.1M | 11.2M | 12.3M | 13.1M | 11.8M | 17.6M | |
Total Liab | 3.0M | 1.6M | 277.1K | 308.9K | 110.9K | 105.4K | |
Total Current Assets | 27.5M | 20.4M | 20.7M | 7.8M | 5.8M | 5.5M | |
Other Current Liab | 1.6M | 1.4M | 120.6K | 308.9K | 355.2K | 337.4K | |
Property Plant And Equipment Net | 76.8M | 5.8M | 5.7M | 5.7M | 5.1M | 0.0 | |
Non Current Assets Total | 5.8M | 6.2M | 5.7M | 19.1M | 32.2M | 23.5M | |
Accumulated Other Comprehensive Income | 11.2M | 12.3M | 13.1M | 13.3M | 15.3M | 11.7M | |
Net Tangible Assets | 56.6M | 30.2M | 24.9M | 20.5M | 23.5M | 40.7M | |
Accounts Payable | 1.4M | 192.6K | 57.5K | 110.8K | 66.4K | 63.1K | |
Long Term Investments | 5.5M | 8.0M | 0.0 | 14.0M | 32.2M | 33.8M | |
Property Plant Equipment | 43.1M | 5.8M | 5.7M | 5.7M | 5.1M | 4.9M | |
Other Current Assets | 102.4K | 64.5K | 13.2M | 45.2K | 52.0K | 49.4K | |
Net Invested Capital | 30.2M | 24.9M | 20.5M | 26.6M | 37.9M | 36.7M | |
Net Working Capital | 24.5M | 18.7M | 20.6M | 7.5M | 5.7M | 5.4M |
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When running Mason Graphite's price analysis, check to measure Mason Graphite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mason Graphite is operating at the current time. Most of Mason Graphite's value examination focuses on studying past and present price action to predict the probability of Mason Graphite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mason Graphite's price. Additionally, you may evaluate how the addition of Mason Graphite to your portfolios can decrease your overall portfolio volatility.