Mineral Total Assets vs Total Current 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 Total Assets and its Total Current 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.
Total Assets vs Total Current Assets
Total Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mineral Financial Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Mineral Financial's Total Assets and Total Current Assets is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current 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 Total Assets and Total Current 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 Total Assets of Mineral Financial Investments are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Mineral Financial's Total Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Mineral Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mineral Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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
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Mineral Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mineral Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3M | 5.7M | 6.7M | 7.7M | 9.7M | 1.5M | |
Other Current Liab | 69K | 109K | 127K | 75K | 182K | 23.8K | |
Total Current Liabilities | 98K | 137K | 173K | 135K | 204K | 57K | |
Cash | 224K | 275K | 855K | 481K | 796K | 442.4K | |
Total Liab | 140K | 197K | 266K | 228K | 323K | 57K | |
Total Stockholder Equity | 5.1M | 5.5M | 6.4M | 7.5M | 9.4M | 1.4M | |
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 Investments | 5.2M | 5.6M | 6.7M | 7.7M | 9.7M | 1.5M | |
Common Stock Shares Outstanding | 35.1M | 35.1M | 35.2M | 35.3M | 38.5M | 16.9M | |
Short Term Investments | 5.0M | 5.3M | 5.8M | 7.2M | 8.9M | 1.2M | |
Liabilities And Stockholders Equity | 5.3M | 5.7M | 6.7M | 7.7M | 9.7M | 1.5M | |
Other Current Assets | 78K | 81K | 27K | 18K | 25K | 7.4K | |
Total Current Assets | 5.3M | 5.7M | 6.7M | 7.7M | 9.7M | 1.5M | |
Net Tangible Assets | 5.1M | 5.5M | 6.4M | 7.5M | 1.7M | 1.6M | |
Net Invested Capital | 5.5M | 6.4M | 7.5M | 9.4M | 10.8M | 7.5M |
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When running Mineral Financial's price analysis, check to measure Mineral Financial'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 Mineral Financial is operating at the current time. Most of Mineral Financial's value examination focuses on studying past and present price action to predict the probability of Mineral Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineral Financial's price. Additionally, you may evaluate how the addition of Mineral Financial to your portfolios can decrease your overall portfolio volatility.