Mineral Total Stockholder Equity vs Cash 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 Stockholder Equity and its Cash 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 Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mineral Financial Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Mineral Financial's Total Stockholder Equity and Cash is 0.3. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Stockholder Equity and Cash 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 Stockholder Equity of Mineral Financial Investments are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Mineral Financial's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Cash

Cash refers to the most liquid asset of Mineral Financial, which is listed under current asset account on Mineral Financial Investments balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mineral Financial customers. The amounts must be unrestricted with restricted cash listed in a different Mineral Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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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