Marksmen Change To Account Receivables vs Capital Expenditures Analysis

MAH Stock  CAD 0.01  0.00  0.00%   
Marksmen Energy financial indicator trend analysis is infinitely more than just investigating Marksmen Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marksmen Energy is a good investment. Please check the relationship between Marksmen Energy Change To Account Receivables and its Capital Expenditures accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marksmen Energy. 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.

Change To Account Receivables vs Capital Expenditures

Change To Account Receivables vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marksmen Energy Change To Account Receivables account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marksmen Energy's Change To Account Receivables and Capital Expenditures is 0.6. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Marksmen Energy, assuming nothing else is changed. The correlation between historical values of Marksmen Energy's Change To Account Receivables and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Marksmen Energy are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Account Receivables i.e., Marksmen Energy's Change To Account Receivables and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Account Receivables

Capital Expenditures

Capital Expenditures are funds used by Marksmen Energy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Marksmen Energy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Marksmen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marksmen Energy 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 Marksmen Energy. 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 936.8 K in 2024. Issuance Of Capital Stock is likely to drop to about 114.8 K in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.4M1.7M2.0M1.6M
Cost Of Revenue585.4K653.5K724.5K466.3K

Marksmen Energy fundamental ratios Correlations

-0.620.330.990.30.85-0.150.03-0.280.70.44-0.670.580.470.22-0.190.640.520.8-0.10.48-0.39-0.090.270.120.36
-0.62-0.53-0.6-0.82-0.710.32-0.010.22-0.19-0.470.7-0.36-0.38-0.340.09-0.55-0.53-0.71-0.13-0.120.680.2-0.4-0.160.04
0.33-0.530.240.250.28-0.520.420.08-0.090.25-0.540.050.650.240.120.510.590.360.56-0.1-0.91-0.460.560.54-0.25
0.99-0.60.240.330.87-0.05-0.07-0.270.730.45-0.60.570.340.27-0.180.570.440.8-0.20.51-0.340.010.180.010.43
0.3-0.820.250.330.520.02-0.11-0.20.080.23-0.270.13-0.030.26-0.110.10.110.49-0.10.23-0.420.090.22-0.260.09
0.85-0.710.280.870.52-0.15-0.32-0.480.450.39-0.630.710.230.53-0.330.650.520.95-0.010.3-0.50.050.31-0.050.19
-0.150.32-0.52-0.050.02-0.15-0.130.470.340.010.7-0.42-0.72-0.110.38-0.72-0.86-0.39-0.820.530.590.9-0.78-0.90.82
0.03-0.010.42-0.07-0.11-0.32-0.130.38-0.09-0.020.0-0.40.64-0.70.3-0.09-0.02-0.270.160.33-0.05-0.210.180.350.12
-0.280.220.08-0.27-0.2-0.480.470.380.080.430.39-0.77-0.18-0.250.96-0.5-0.56-0.64-0.470.120.110.34-0.61-0.270.38
0.7-0.19-0.090.730.080.450.34-0.090.080.28-0.30.240.050.240.020.230.040.32-0.580.490.060.15-0.13-0.310.6
0.44-0.470.250.450.230.390.01-0.020.430.28-0.31-0.10.090.120.640.210.140.24-0.320.03-0.350.1-0.28-0.040.17
-0.670.7-0.54-0.6-0.27-0.630.70.00.39-0.3-0.31-0.62-0.71-0.440.3-0.95-0.89-0.73-0.430.190.680.62-0.67-0.580.36
0.58-0.360.050.570.130.71-0.42-0.4-0.770.24-0.1-0.620.320.48-0.70.750.60.820.260.02-0.26-0.210.390.23-0.16
0.47-0.380.650.34-0.030.23-0.720.64-0.180.050.09-0.710.32-0.17-0.160.690.70.380.540.01-0.49-0.670.660.75-0.3
0.22-0.340.240.270.260.53-0.11-0.7-0.250.240.12-0.440.48-0.17-0.220.50.370.520.11-0.33-0.53-0.020.21-0.11-0.18
-0.190.090.12-0.18-0.11-0.330.380.30.960.020.640.3-0.7-0.16-0.22-0.41-0.46-0.5-0.450.060.010.33-0.62-0.240.31
0.64-0.550.510.570.10.65-0.72-0.09-0.50.230.21-0.950.750.690.5-0.410.920.760.51-0.26-0.64-0.60.660.6-0.41
0.52-0.530.590.440.110.52-0.86-0.02-0.560.040.14-0.890.60.70.37-0.460.920.670.71-0.38-0.69-0.780.80.78-0.57
0.8-0.710.360.80.490.95-0.39-0.27-0.640.320.24-0.730.820.380.52-0.50.760.670.210.19-0.58-0.170.510.16-0.03
-0.1-0.130.56-0.2-0.1-0.01-0.820.16-0.47-0.58-0.32-0.430.260.540.11-0.450.510.710.21-0.55-0.52-0.70.780.82-0.76
0.48-0.12-0.10.510.230.30.530.330.120.490.030.190.020.01-0.330.06-0.26-0.380.19-0.550.230.54-0.24-0.470.87
-0.390.68-0.91-0.34-0.42-0.50.59-0.050.110.06-0.350.68-0.26-0.49-0.530.01-0.64-0.69-0.58-0.520.230.47-0.58-0.460.36
-0.090.2-0.460.010.090.050.9-0.210.340.150.10.62-0.21-0.67-0.020.33-0.6-0.78-0.17-0.70.540.47-0.74-0.870.76
0.27-0.40.560.180.220.31-0.780.18-0.61-0.13-0.28-0.670.390.660.21-0.620.660.80.510.78-0.24-0.58-0.740.65-0.57
0.12-0.160.540.01-0.26-0.05-0.90.35-0.27-0.31-0.04-0.580.230.75-0.11-0.240.60.780.160.82-0.47-0.46-0.870.65-0.67
0.360.04-0.250.430.090.190.820.120.380.60.170.36-0.16-0.3-0.180.31-0.41-0.57-0.03-0.760.870.360.76-0.57-0.67
Click cells to compare fundamentals

Marksmen Energy Account Relationship Matchups

Marksmen Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1M2.9M4.5M6.0M2.0M1.9M
Other Current Liab43.2K39.8K279.7K178.4K160.6K133.1K
Total Current Liabilities1.8M566.1K1.9M1.3M2.0M1.3M
Total Stockholder Equity1.9M941.8K2.3M3.2M(370.8K)(352.2K)
Other Liab357.5K389K445.6K195.0K224.3K334.5K
Net Tangible Assets3.2M4.6M1.9M941.8K1.1M1.0M
Retained Earnings(24.8M)(26.5M)(27.1M)(27.8M)(32.6M)(34.3M)
Accounts Payable519.9K286.4K447.0K994.2K485.2K505.4K
Cash113.2K135.6K621.4K338.3K88.9K84.5K
Net Receivables29.4K65.9K224.5K165.9K58.0K115.6K
Other Current Assets40.4K41.2K41.6K41.8K37.6K59.5K
Other Stockholder Equity935.3K1.6M1.3M1.2M1.4M1.5M
Total Liab2.2M2.0M2.2M2.8M2.3M2.3M
Short Long Term Debt1.3M1.2M1.3M35.1K1.2M812.3K
Total Current Assets204.6K263.6K908.0K568.5K303.3K424.0K
Common Stock17.7M18.7M19.4M19.6M22.6M18.9M
Property Plant Equipment4.0M6.6M3.9M2.7M3.1M3.9M
Non Current Assets Total3.9M2.7M3.5M5.4M1.7M3.2M
Non Current Liabilities Total445.6K1.4M272.4K1.5M340.2K636.3K
Net Debt1.1M1.1M641.6K894.0K1.2M1.0M
Common Stock Shares Outstanding113.2M126.4M163.1M177.2M192.1M150.4M
Net Invested Capital3.1M2.2M3.6M4.4M911.0K865.4K
Net Working Capital(1.6M)(302.5K)(980.4K)(713.0K)(1.7M)(1.6M)
Capital Stock19.4M19.6M20.3M21.9M23.2M22.6M

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