Mineral Non Current Assets Total vs Other Assets Analysis

MAFL Stock   10.50  0.25  2.44%   
Mineral Financial financial indicator trend analysis is infinitely more than just investigating Mineral Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mineral Financial is a good investment. Please check the relationship between Mineral Financial Non Current Assets Total and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mineral Financial Investments. 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.

Non Current Assets Total vs Other Assets

Non Current Assets Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mineral Financial Non Current Assets Total account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mineral Financial's Non Current Assets Total and Other Assets is -0.64. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Mineral Financial Investments, assuming nothing else is changed. The correlation between historical values of Mineral Financial's Non Current Assets Total and Other Assets 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 Current Assets Total of Mineral Financial Investments are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Assets Total i.e., Mineral Financial's Non Current Assets Total and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Assets

Most indicators from Mineral Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mineral Financial 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 Mineral Financial Investments. 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.
At this time, Mineral Financial's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 340.5 K in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.

Mineral Financial fundamental ratios Correlations

0.870.890.32-0.190.370.06-0.241.00.090.47-0.460.960.32-0.4-0.39-0.221.00.120.761.0-0.010.150.350.091.0
0.870.980.42-0.320.35-0.19-0.230.870.290.37-0.530.870.17-0.26-0.23-0.350.870.120.870.86-0.070.470.630.290.87
0.890.980.38-0.440.25-0.24-0.340.890.30.5-0.560.870.38-0.18-0.13-0.440.890.160.920.88-0.180.470.620.30.89
0.320.420.38-0.390.42-0.310.140.30.0-0.15-0.80.320.07-0.36-0.280.410.330.060.180.250.260.080.220.00.32
-0.19-0.32-0.44-0.390.160.720.35-0.2-0.23-0.460.51-0.16-0.59-0.54-0.580.48-0.2-0.08-0.38-0.170.34-0.35-0.34-0.23-0.19
0.370.350.250.420.160.130.810.320.2-0.430.080.53-0.22-0.42-0.560.20.37-0.450.10.340.910.330.40.20.37
0.06-0.19-0.24-0.310.720.130.170.06-0.350.040.34-0.01-0.37-0.39-0.390.40.060.12-0.20.080.22-0.53-0.45-0.350.06
-0.24-0.23-0.340.140.350.810.17-0.280.12-0.720.46-0.05-0.44-0.18-0.350.35-0.24-0.57-0.41-0.260.970.20.150.12-0.24
1.00.870.890.3-0.20.320.06-0.280.080.5-0.470.950.34-0.39-0.36-0.241.00.150.771.0-0.060.140.330.081.0
0.090.290.30.0-0.230.2-0.350.120.080.070.040.210.090.130.11-0.340.090.070.380.090.080.640.611.00.09
0.470.370.5-0.15-0.46-0.430.04-0.720.50.07-0.260.290.480.390.48-0.550.470.350.530.5-0.64-0.08-0.020.070.47
-0.46-0.53-0.56-0.80.510.080.340.46-0.470.04-0.26-0.36-0.320.290.12-0.2-0.47-0.47-0.41-0.410.320.07-0.110.04-0.46
0.960.870.870.32-0.160.53-0.01-0.050.950.210.29-0.360.28-0.43-0.46-0.230.960.020.730.960.160.290.460.210.96
0.320.170.380.07-0.59-0.22-0.37-0.440.340.090.48-0.320.280.140.18-0.370.330.150.410.33-0.390.120.160.090.32
-0.4-0.26-0.18-0.36-0.54-0.42-0.39-0.18-0.390.130.390.29-0.430.140.96-0.64-0.4-0.15-0.1-0.37-0.330.20.020.13-0.4
-0.39-0.23-0.13-0.28-0.58-0.56-0.39-0.35-0.360.110.480.12-0.460.180.96-0.57-0.380.07-0.02-0.36-0.490.160.010.11-0.39
-0.22-0.35-0.440.410.480.20.40.35-0.24-0.34-0.55-0.2-0.23-0.37-0.64-0.57-0.220.18-0.5-0.270.38-0.53-0.43-0.34-0.22
1.00.870.890.33-0.20.370.06-0.241.00.090.47-0.470.960.33-0.4-0.38-0.220.120.761.0-0.010.150.340.091.0
0.120.120.160.06-0.08-0.450.12-0.570.150.070.35-0.470.020.15-0.150.070.180.120.270.11-0.53-0.21-0.090.070.12
0.760.870.920.18-0.380.1-0.2-0.410.770.380.53-0.410.730.41-0.1-0.02-0.50.760.270.77-0.30.590.730.380.76
1.00.860.880.25-0.170.340.08-0.261.00.090.5-0.410.960.33-0.37-0.36-0.271.00.110.77-0.040.150.340.091.0
-0.01-0.07-0.180.260.340.910.220.97-0.060.08-0.640.320.16-0.39-0.33-0.490.38-0.01-0.53-0.3-0.040.140.140.08-0.01
0.150.470.470.08-0.350.33-0.530.20.140.64-0.080.070.290.120.20.16-0.530.15-0.210.590.150.140.960.640.15
0.350.630.620.22-0.340.4-0.450.150.330.61-0.02-0.110.460.160.020.01-0.430.34-0.090.730.340.140.960.610.35
0.090.290.30.0-0.230.2-0.350.120.081.00.070.040.210.090.130.11-0.340.090.070.380.090.080.640.610.09
1.00.870.890.32-0.190.370.06-0.241.00.090.47-0.460.960.32-0.4-0.39-0.221.00.120.761.0-0.010.150.350.09
Click cells to compare fundamentals

Mineral Financial Account Relationship Matchups

Mineral Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3M5.7M6.7M7.7M9.7M1.5M
Other Current Liab69K109K127K75K182K23.8K
Total Current Liabilities98K137K173K135K204K57K
Cash224K275K855K481K796K442.4K
Total Liab140K197K266K228K323K57K
Total Stockholder Equity5.1M5.5M6.4M7.5M9.4M1.4M
Net Debt(214K)(265K)(845K)(471K)(786K)(277.2K)
Retained Earnings(19.6M)(19.3M)(18.3M)(17.4M)(15.8M)(23.3M)
Cash And Short Term Investments5.2M5.6M6.7M7.7M9.7M1.5M
Common Stock Shares Outstanding35.1M35.1M35.2M35.3M38.5M16.9M
Short Term Investments5.0M5.3M5.8M7.2M8.9M1.2M
Liabilities And Stockholders Equity5.3M5.7M6.7M7.7M9.7M1.5M
Other Current Assets78K81K27K18K25K7.4K
Total Current Assets5.3M5.7M6.7M7.7M9.7M1.5M
Net Tangible Assets5.1M5.5M6.4M7.5M1.7M1.6M
Net Invested Capital5.5M6.4M7.5M9.4M10.8M7.5M

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