Mason Cost Of Revenue vs Reconciled Depreciation 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 Cost Of Revenue and its Reconciled Depreciation 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.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mason Graphite Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mason Graphite's Cost Of Revenue and Reconciled Depreciation is -0.09. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation 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 Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Mason Graphite are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Mason Graphite's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Mason Graphite income statement and represents the costs associated with goods and services Mason Graphite provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Reconciled Depreciation

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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Additional Tools for Mason Stock Analysis

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