M3M Net Debt vs Capital Stock Analysis

M3M Stock

0.04 0 7.89%

M3 Mining financial indicator trend analysis is infinitely more than just investigating M3 Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether M3 Mining is a good investment. Please check the relationship between M3 Mining Net Debt and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in M3 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.

Net Debt vs Capital Stock

Net Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of M3 Mining Net Debt account and Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between M3 Mining's Net Debt and Capital Stock is -0.09. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of M3 Mining, assuming nothing else is changed. The correlation between historical values of M3 Mining's Net Debt and Capital Stock 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 M3 Mining are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Debt i.e., M3 Mining's Net Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from M3 Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into M3 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in M3 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.

Issuance Of Capital Stock is likely to gain to about 1.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 418.9 K in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	1.3M	2.2M	2.0M	1.7M
Cost Of Revenue	8.4K	11.3K	196.0K	205.8K

Total Operating Expenses Cost Of Revenue

M3 Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital
Total Assets		-0.7	-0.75	0.89	0.77	0.45	-1.0	-0.4	0.85	1.0	0.58	0.73	1.0	0.78	0.11	0.83	0.59	0.36	-0.75	1.0	0.63	0.52	-0.2	0.25	0.19	-0.21
Other Current Liab	-0.7		1.0	-0.94	-0.98	-0.89	0.63	0.93	-0.85	-0.64	-0.95	-0.96	-0.64	-0.97	-0.78	-0.96	-0.97	0.29	1.0	-0.66	-0.98	-0.91	0.82	-0.8	-0.79	0.83
Total Current Liabilities	-0.75	1.0		-0.96	-0.99	-0.88	0.68	0.9	-0.86	-0.69	-0.95	-0.98	-0.69	-0.97	-0.74	-0.97	-0.96	0.24	1.0	-0.71	-0.98	-0.92	0.78	-0.78	-0.77	0.79
Total Stockholder Equity	0.89	-0.94	-0.96		0.95	0.73	-0.85	-0.76	0.93	0.85	0.84	0.91	0.85	0.96	0.52	0.97	0.85	-0.01	-0.96	0.86	0.89	0.78	-0.61	0.58	0.56	-0.61
Net Tangible Assets	0.77	-0.98	-0.99	0.95		0.9	-0.71	-0.86	0.82	0.71	0.91	0.98	0.71	0.95	0.71	0.99	0.94	-0.15	-0.99	0.74	0.97	0.9	-0.73	0.74	0.74	-0.74
Property Plant And Equipment Net	0.45	-0.89	-0.88	0.73	0.9		-0.37	-0.88	0.52	0.38	0.84	0.91	0.38	0.76	0.88	0.86	0.89	-0.31	-0.88	0.4	0.92	0.89	-0.81	0.82	0.86	-0.81
Net Debt	-1.0	0.63	0.68	-0.85	-0.71	-0.37		0.31	-0.81	-1.0	-0.5	-0.66	-1.0	-0.72	-0.02	-0.78	-0.5	-0.45	0.69	-1.0	-0.56	-0.44	0.1	-0.16	-0.09	0.11
Retained Earnings	-0.4	0.93	0.9	-0.76	-0.86	-0.88	0.31		-0.69	-0.32	-0.96	-0.88	-0.32	-0.87	-0.94	-0.79	-0.97	0.61	0.9	-0.35	-0.95	-0.94	0.98	-0.94	-0.95	0.98
Accounts Payable	0.85	-0.85	-0.86	0.93	0.82	0.52	-0.81	-0.69		0.82	0.81	0.79	0.82	0.94	0.4	0.83	0.79	-0.12	-0.86	0.83	0.79	0.71	-0.56	0.55	0.48	-0.57
Cash	1.0	-0.64	-0.69	0.85	0.71	0.38	-1.0	-0.32	0.82		0.5	0.66	1.0	0.72	0.02	0.78	0.51	0.44	-0.69	1.0	0.56	0.44	-0.11	0.16	0.1	-0.12
Non Current Assets Total	0.58	-0.95	-0.95	0.84	0.91	0.84	-0.5	-0.96	0.81	0.5		0.94	0.5	0.95	0.84	0.85	1.0	-0.51	-0.95	0.53	0.98	0.98	-0.89	0.93	0.9	-0.9
Non Currrent Assets Other	0.73	-0.96	-0.98	0.91	0.98	0.91	-0.66	-0.88	0.79	0.66	0.94		0.66	0.94	0.75	0.95	0.96	-0.23	-0.98	0.69	0.98	0.95	-0.76	0.82	0.8	-0.76
Cash And Short Term Investments	1.0	-0.64	-0.69	0.85	0.71	0.38	-1.0	-0.32	0.82	1.0	0.5	0.66		0.72	0.02	0.78	0.51	0.44	-0.69	1.0	0.56	0.44	-0.11	0.16	0.1	-0.12
Net Receivables	0.78	-0.97	-0.97	0.96	0.95	0.76	-0.72	-0.87	0.94	0.72	0.95	0.94	0.72		0.66	0.93	0.95	-0.28	-0.98	0.74	0.95	0.89	-0.76	0.76	0.72	-0.77
Common Stock Shares Outstanding	0.11	-0.78	-0.74	0.52	0.71	0.88	-0.02	-0.94	0.4	0.02	0.84	0.75	0.02	0.66		0.62	0.86	-0.71	-0.74	0.06	0.84	0.87	-0.97	0.94	0.98	-0.96
Inventory	0.83	-0.96	-0.97	0.97	0.99	0.86	-0.78	-0.79	0.83	0.78	0.85	0.95	0.78	0.93	0.62		0.88	-0.01	-0.97	0.8	0.92	0.82	-0.64	0.64	0.63	-0.65
Other Current Assets	0.59	-0.97	-0.96	0.85	0.94	0.89	-0.5	-0.97	0.79	0.51	1.0	0.96	0.51	0.95	0.86	0.88		-0.47	-0.96	0.54	0.99	0.99	-0.89	0.92	0.9	-0.9
Other Stockholder Equity	0.36	0.29	0.24	-0.01	-0.15	-0.31	-0.45	0.61	-0.12	0.44	-0.51	-0.23	0.44	-0.28	-0.71	-0.01	-0.47		0.23	0.41	-0.38	-0.51	0.76	-0.74	-0.73	0.76
Total Liab	-0.75	1.0	1.0	-0.96	-0.99	-0.88	0.69	0.9	-0.86	-0.69	-0.95	-0.98	-0.69	-0.98	-0.74	-0.97	-0.96	0.23		-0.71	-0.98	-0.92	0.78	-0.78	-0.77	0.79
Total Current Assets	1.0	-0.66	-0.71	0.86	0.74	0.4	-1.0	-0.35	0.83	1.0	0.53	0.69	1.0	0.74	0.06	0.8	0.54	0.41	-0.71		0.59	0.47	-0.14	0.19	0.13	-0.15
Common Stock	0.63	-0.98	-0.98	0.89	0.97	0.92	-0.56	-0.95	0.79	0.56	0.98	0.98	0.56	0.95	0.84	0.92	0.99	-0.38	-0.98	0.59		0.97	-0.87	0.88	0.87	-0.87
Property Plant Equipment	0.52	-0.91	-0.92	0.78	0.9	0.89	-0.44	-0.94	0.71	0.44	0.98	0.95	0.44	0.89	0.87	0.82	0.99	-0.51	-0.92	0.47	0.97		-0.88	0.95	0.93	-0.89
Net Invested Capital	-0.2	0.82	0.78	-0.61	-0.73	-0.81	0.1	0.98	-0.56	-0.11	-0.89	-0.76	-0.11	-0.76	-0.97	-0.64	-0.89	0.76	0.78	-0.14	-0.87	-0.88		-0.94	-0.96	1.0
Property Plant And Equipment Gross	0.25	-0.8	-0.78	0.58	0.74	0.82	-0.16	-0.94	0.55	0.16	0.93	0.82	0.16	0.76	0.94	0.64	0.92	-0.74	-0.78	0.19	0.88	0.95	-0.94		0.99	-0.95
Capital Stock	0.19	-0.79	-0.77	0.56	0.74	0.86	-0.09	-0.95	0.48	0.1	0.9	0.8	0.1	0.72	0.98	0.63	0.9	-0.73	-0.77	0.13	0.87	0.93	-0.96	0.99		-0.96
Net Working Capital	-0.21	0.83	0.79	-0.61	-0.74	-0.81	0.11	0.98	-0.57	-0.12	-0.9	-0.76	-0.12	-0.77	-0.96	-0.65	-0.9	0.76	0.79	-0.15	-0.87	-0.89	1.0	-0.95	-0.96

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M3M Net Debt vs Capital Stock Analysis

Net Debt vs Capital Stock

Net Debt vs Capital Stock Correlation Analysis

Correlation Coefficient

Net Debt

Capital Stock

M3 Mining fundamental ratios Correlations

M3 Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 1.0	Total Assets
Total Liab	- 0.99	Net Tangible Assets
Net Tangible Assets	- 0.99	Total Current Liabilities