Minera Net Debt vs Cash And Short Term Investments Analysis

MAI Stock

CAD 0.29 0.01 3.33%

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

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minera Alamos Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Minera Alamos' Net Debt and Cash And Short Term Investments is -0.94. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Minera Alamos, assuming nothing else is changed. The correlation between historical values of Minera Alamos' Net Debt and Cash And Short Term Investments 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 Minera Alamos are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Minera Alamos' Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Minera Alamos balance sheet. This account contains Minera Alamos investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Minera Alamos fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Minera Alamos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minera Alamos 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 Minera Alamos. 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, Minera Alamos' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 147.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	5.2M	20.5M	24.3M	25.5M
Interest Expense	6.5K	33.1K	26.6K	25.3K

Other Operating Expenses Interest Expense

Minera Alamos fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	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	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Liab	Property Plant And Equipment Net	Non Current Liabilities Total	Other Current Assets	Short Term Investments	Net Tangible Assets	Short Long Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.37	0.83	0.99	-0.7	-0.46	0.9	0.83	0.92	0.71	0.79	0.83	0.8	0.12	0.84	0.92	-0.19	0.4	0.89	0.62	0.89	-0.11	0.92	0.14	0.78	0.92
Short Long Term Debt Total	0.37		0.54	0.25	0.01	-0.38	0.52	0.29	0.24	-0.12	0.22	0.7	0.39	-0.04	0.72	0.43	0.24	-0.4	0.29	0.87	0.56	-0.11	0.36	0.19	0.23	0.37
Total Current Liabilities	0.83	0.54		0.76	-0.42	-0.62	0.89	0.63	0.71	0.68	0.57	0.93	0.8	-0.11	0.94	0.82	0.13	0.39	0.67	0.62	0.88	-0.09	0.76	0.41	0.75	0.77
Total Stockholder Equity	0.99	0.25	0.76		-0.76	-0.42	0.85	0.85	0.92	0.74	0.81	0.75	0.77	0.15	0.75	0.9	-0.25	0.44	0.89	0.53	0.83	-0.07	0.92	0.09	0.78	0.91
Net Debt	-0.7	0.01	-0.42	-0.76		0.51	-0.52	-0.94	-0.46	-0.68	-0.94	-0.44	-0.71	0.27	-0.36	-0.83	0.48	-0.36	-0.39	-0.16	-0.43	-0.26	-0.82	0.09	-0.76	-0.81
Retained Earnings	-0.46	-0.38	-0.62	-0.42	0.51		-0.57	-0.6	-0.22	-0.59	-0.64	-0.56	-0.86	0.55	-0.5	-0.61	-0.23	-0.43	-0.15	-0.18	-0.34	-0.59	-0.63	-0.49	-0.82	-0.64
Accounts Payable	0.9	0.52	0.89	0.85	-0.52	-0.57		0.7	0.81	0.71	0.65	0.91	0.81	-0.12	0.9	0.85	-0.18	0.4	0.77	0.69	0.89	-0.14	0.89	0.14	0.76	0.9
Cash	0.83	0.29	0.63	0.85	-0.94	-0.6	0.7		0.58	0.63	0.99	0.68	0.84	-0.23	0.62	0.95	-0.31	0.26	0.53	0.45	0.63	0.19	0.93	0.09	0.82	0.92
Non Current Assets Total	0.92	0.24	0.71	0.92	-0.46	-0.22	0.81	0.58		0.63	0.54	0.67	0.58	0.42	0.72	0.69	-0.13	0.46	0.99	0.53	0.82	-0.23	0.74	0.08	0.59	0.74
Non Currrent Assets Other	0.71	-0.12	0.68	0.74	-0.68	-0.59	0.71	0.63	0.63		0.64	0.52	0.77	-0.28	0.47	0.68	-0.27	0.81	0.52	0.01	0.53	0.18	0.75	0.15	0.82	0.75
Cash And Short Term Investments	0.79	0.22	0.57	0.81	-0.94	-0.64	0.65	0.99	0.54	0.64		0.6	0.86	-0.25	0.55	0.91	-0.26	0.3	0.48	0.36	0.55	0.3	0.91	0.15	0.84	0.9
Net Receivables	0.83	0.7	0.93	0.75	-0.44	-0.56	0.91	0.68	0.67	0.52	0.6		0.76	-0.13	0.97	0.85	0.01	0.17	0.66	0.8	0.91	-0.14	0.8	0.28	0.69	0.81
Common Stock Shares Outstanding	0.8	0.39	0.8	0.77	-0.71	-0.86	0.81	0.84	0.58	0.77	0.86	0.76		-0.34	0.72	0.88	0.03	0.47	0.52	0.39	0.64	0.38	0.9	0.46	0.96	0.9
Other Stockholder Equity	0.12	-0.04	-0.11	0.15	0.27	0.55	-0.12	-0.23	0.42	-0.28	-0.25	-0.13	-0.34		0.01	-0.18	0.21	-0.11	0.51	0.15	0.12	-0.35	-0.21	-0.07	-0.35	-0.22
Total Liab	0.84	0.72	0.94	0.75	-0.36	-0.5	0.9	0.62	0.72	0.47	0.55	0.97	0.72	0.01		0.82	0.09	0.16	0.72	0.84	0.94	-0.21	0.75	0.3	0.64	0.76
Total Current Assets	0.92	0.43	0.82	0.9	-0.83	-0.61	0.85	0.95	0.69	0.68	0.91	0.85	0.88	-0.18	0.82		-0.22	0.28	0.65	0.61	0.81	0.03	0.95	0.17	0.85	0.95
Short Term Debt	-0.19	0.24	0.13	-0.25	0.48	-0.23	-0.18	-0.31	-0.13	-0.27	-0.26	0.01	0.03	0.21	0.09	-0.22		-0.04	-0.09	-0.02	-0.1	0.3	-0.31	0.82	-0.03	-0.29
Other Current Liab	0.4	-0.4	0.39	0.44	-0.36	-0.43	0.4	0.26	0.46	0.81	0.3	0.17	0.47	-0.11	0.16	0.28	-0.04		0.37	-0.29	0.26	0.34	0.38	0.21	0.56	0.37
Property Plant And Equipment Net	0.89	0.29	0.67	0.89	-0.39	-0.15	0.77	0.53	0.99	0.52	0.48	0.66	0.52	0.51	0.72	0.65	-0.09	0.37		0.59	0.81	-0.28	0.69	0.07	0.51	0.68
Non Current Liabilities Total	0.62	0.87	0.62	0.53	-0.16	-0.18	0.69	0.45	0.53	0.01	0.36	0.8	0.39	0.15	0.84	0.61	-0.02	-0.29	0.59		0.8	-0.4	0.55	0.03	0.27	0.55
Other Current Assets	0.89	0.56	0.88	0.83	-0.43	-0.34	0.89	0.63	0.82	0.53	0.55	0.91	0.64	0.12	0.94	0.81	-0.1	0.26	0.81	0.8		-0.33	0.77	0.12	0.59	0.77
Short Term Investments	-0.11	-0.11	-0.09	-0.07	-0.26	-0.59	-0.14	0.19	-0.23	0.18	0.3	-0.14	0.38	-0.35	-0.21	0.03	0.3	0.34	-0.28	-0.4	-0.33		0.07	0.42	0.37	0.07
Net Tangible Assets	0.92	0.36	0.76	0.92	-0.82	-0.63	0.89	0.93	0.74	0.75	0.91	0.8	0.9	-0.21	0.75	0.95	-0.31	0.38	0.69	0.55	0.77	0.07		0.12	0.88	1.0
Short Long Term Debt	0.14	0.19	0.41	0.09	0.09	-0.49	0.14	0.09	0.08	0.15	0.15	0.28	0.46	-0.07	0.3	0.17	0.82	0.21	0.07	0.03	0.12	0.42	0.12		0.38	0.13
Common Stock	0.78	0.23	0.75	0.78	-0.76	-0.82	0.76	0.82	0.59	0.82	0.84	0.69	0.96	-0.35	0.64	0.85	-0.03	0.56	0.51	0.27	0.59	0.37	0.88	0.38		0.88
Property Plant Equipment	0.92	0.37	0.77	0.91	-0.81	-0.64	0.9	0.92	0.74	0.75	0.9	0.81	0.9	-0.22	0.76	0.95	-0.29	0.37	0.68	0.55	0.77	0.07	1.0	0.13	0.88

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Minera Alamos Account Relationship Matchups

Minera Alamos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3M	33.4M	36.4M	53.3M	51.6M	54.2M
Short Long Term Debt Total	2.6M	101.4K	440.7K	372.0K	6.3M	6.6M
Total Current Liabilities	4.1M	1.4M	4.0M	9.3M	8.0M	8.4M
Total Stockholder Equity	3.1M	31.9M	31.9M	43.2M	37.7M	39.6M
Net Debt	887.3K	(19.8M)	(6.6M)	(12.8M)	(7.5M)	(7.1M)
Retained Earnings	(77.4M)	(71.3M)	(73.2M)	(67.3M)	(70.1M)	(66.6M)
Accounts Payable	992.4K	900.5K	1.2M	4.2M	4.8M	5.0M
Cash	1.8M	19.9M	7.0M	13.2M	13.8M	14.4M
Non Current Assets Total	2.0M	9.4M	24.7M	25.7M	23.7M	24.8M
Non Currrent Assets Other	1.1M	2.0M	4.3M	5.7M	1.4M	1.6M
Cash And Short Term Investments	5.0M	23.4M	9.4M	13.2M	13.8M	14.4M
Net Receivables	326.3K	377.4K	1.1M	2.6M	3.5M	3.7M
Common Stock Shares Outstanding	357.3M	434.9M	443.3M	461.4M	462.1M	485.2M
Liabilities And Stockholders Equity	7.3M	33.4M	36.4M	53.3M	51.6M	54.2M
Total Liab	4.3M	1.5M	4.5M	10.1M	13.9M	14.6M
Total Current Assets	5.3M	24.0M	11.7M	27.6M	28.0M	29.4M
Short Term Debt	2.5M	101.4K	68.8K	82.9K	942.0K	658.7K
Other Current Liab	1.6M	1.3M	4.0M	3.7M	475K	451.3K
Property Plant And Equipment Net	859.4K	7.4M	20.4M	20.0M	22.3M	23.4M
Non Current Liabilities Total	149.8K	48.4K	420.4K	780.3K	5.9M	6.2M
Other Current Assets	29.2K	128.8K	1.2M	2.7M	3.1M	3.3M
Accumulated Other Comprehensive Income	3.3M	3.3M	3.2M	1.9M	(4.6M)	(4.4M)
Net Tangible Assets	2.5M	(813.7K)	3.1M	31.9M	36.7M	38.5M
Common Stock	73.5M	96.2M	98.2M	104.9M	105.2M	72.3M
Property Plant Equipment	548.7K	642.7K	859.4K	7.4M	8.5M	8.9M
Net Invested Capital	5.3M	31.9M	31.9M	43.2M	43.7M	25.1M
Net Working Capital	1.2M	22.6M	7.6M	18.3M	20.0M	11.1M
Capital Stock	73.5M	96.2M	98.2M	104.9M	105.2M	99.6M

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