MAS Net Receivables vs Net Invested Capital Analysis

MAS Stock

CAD 0.02 0.01 100.00%

MAS Gold financial indicator trend analysis is infinitely more than just investigating MAS Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MAS Gold Corp is a good investment. Please check the relationship between MAS Gold Net Receivables and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAS Gold Corp. 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 Receivables vs Net Invested Capital

Net Receivables vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAS Gold Corp Net Receivables account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MAS Gold's Net Receivables and Net Invested Capital is -0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of MAS Gold Corp, assuming nothing else is changed. The correlation between historical values of MAS Gold's Net Receivables and Net Invested Capital 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 Receivables of MAS Gold Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Receivables i.e., MAS Gold's Net Receivables and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Receivables

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from MAS Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MAS Gold Corp 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 MAS Gold Corp. 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 480.1 K in 2024. Issuance Of Capital Stock is likely to drop to about 1.7 M in 2024

MAS Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Non Currrent Assets Other	Short Long Term Debt Total	Short Term Debt	Short Term Investments	Inventory	Common Stock	Net Tangible Assets	Property Plant Equipment	Net Invested Capital
Total Assets		0.56	0.93	0.97	-0.8	-0.78	0.29	0.83	0.97	0.71	-0.15	0.9	0.16	-0.14	0.62	0.65	0.78	-0.02	0.86	-0.32	-0.65	-0.65	0.8	0.91	0.92	0.91
Total Current Liabilities	0.56		0.22	0.38	-0.55	-0.63	0.91	0.52	0.39	0.55	0.16	0.55	0.59	-0.03	0.99	0.85	0.28	-0.14	0.62	-0.3	-0.27	-0.27	0.47	0.34	0.42	0.34
Total Stockholder Equity	0.93	0.22		0.97	-0.69	-0.65	-0.04	0.74	0.97	0.58	-0.24	0.81	-0.05	-0.15	0.3	0.4	0.79	0.03	0.74	-0.25	-0.63	-0.63	0.74	0.92	0.89	0.91
Property Plant And Equipment Net	0.97	0.38	0.97		-0.69	-0.74	0.09	0.73	1.0	0.63	-0.25	0.88	0.05	-0.18	0.45	0.44	0.8	0.0	0.79	-0.3	-0.61	-0.61	0.78	0.91	0.92	0.91
Net Debt	-0.8	-0.55	-0.69	-0.69		0.74	-0.37	-0.99	-0.7	-0.86	0.11	-0.78	-0.4	0.32	-0.62	-0.77	-0.62	-0.11	-0.89	0.21	0.62	0.62	-0.73	-0.7	-0.73	-0.71
Retained Earnings	-0.78	-0.63	-0.65	-0.74	0.74		-0.4	-0.74	-0.74	-0.71	0.14	-0.91	-0.39	0.42	-0.68	-0.57	-0.71	-0.06	-0.83	0.58	0.4	0.4	-0.83	-0.71	-0.79	-0.72
Accounts Payable	0.29	0.91	-0.04	0.09	-0.37	-0.4		0.3	0.09	0.27	0.34	0.25	0.67	0.15	0.88	0.8	-0.03	-0.27	0.37	-0.23	0.04	0.04	0.26	0.06	0.1	0.05
Cash	0.83	0.52	0.74	0.73	-0.99	-0.74	0.3		0.74	0.88	-0.15	0.81	0.29	-0.32	0.6	0.75	0.67	0.12	0.89	-0.21	-0.7	-0.7	0.73	0.75	0.78	0.77
Non Current Assets Total	0.97	0.39	0.97	1.0	-0.7	-0.74	0.09	0.74		0.64	-0.25	0.89	0.04	-0.19	0.45	0.45	0.81	0.01	0.8	-0.29	-0.62	-0.62	0.79	0.92	0.93	0.92
Cash And Short Term Investments	0.71	0.55	0.58	0.63	-0.86	-0.71	0.27	0.88	0.64		-0.22	0.75	0.24	-0.4	0.62	0.61	0.54	0.09	0.78	-0.24	-0.64	-0.64	0.66	0.6	0.69	0.61
Net Receivables	-0.15	0.16	-0.24	-0.25	0.11	0.14	0.34	-0.15	-0.25	-0.22		-0.27	0.26	0.54	0.12	0.23	-0.39	-0.36	-0.17	-0.11	0.21	0.21	-0.25	-0.28	-0.31	-0.29
Common Stock Shares Outstanding	0.9	0.55	0.81	0.88	-0.78	-0.91	0.25	0.81	0.89	0.75	-0.27		0.26	-0.45	0.61	0.53	0.85	0.13	0.94	-0.31	-0.63	-0.63	0.88	0.9	0.95	0.9
Other Current Assets	0.16	0.59	-0.05	0.05	-0.4	-0.39	0.67	0.29	0.04	0.24	0.26	0.26		-0.22	0.55	0.46	-0.04	-0.1	0.45	-0.12	0.13	0.13	0.21	-0.06	0.01	-0.07
Other Stockholder Equity	-0.14	-0.03	-0.15	-0.18	0.32	0.42	0.15	-0.32	-0.19	-0.4	0.54	-0.45	-0.22		-0.06	0.06	-0.43	-0.48	-0.41	0.03	0.2	0.2	-0.38	-0.25	-0.32	-0.25
Total Liab	0.62	0.99	0.3	0.45	-0.62	-0.68	0.88	0.6	0.45	0.62	0.12	0.61	0.55	-0.06		0.87	0.34	-0.13	0.67	-0.31	-0.34	-0.34	0.53	0.42	0.5	0.42
Total Current Assets	0.65	0.85	0.4	0.44	-0.77	-0.57	0.8	0.75	0.45	0.61	0.23	0.53	0.46	0.06	0.87		0.33	-0.12	0.66	-0.25	-0.44	-0.44	0.48	0.47	0.48	0.47
Other Current Liab	0.78	0.28	0.79	0.8	-0.62	-0.71	-0.03	0.67	0.81	0.54	-0.39	0.85	-0.04	-0.43	0.34	0.33		0.54	0.73	-0.21	-0.59	-0.59	0.75	0.87	0.87	0.86
Non Currrent Assets Other	-0.02	-0.14	0.03	0.0	-0.11	-0.06	-0.27	0.12	0.01	0.09	-0.36	0.13	-0.1	-0.48	-0.13	-0.12	0.54		0.06	0.06	-0.17	-0.17	0.05	0.09	0.1	0.09
Short Long Term Debt Total	0.86	0.62	0.74	0.79	-0.89	-0.83	0.37	0.89	0.8	0.78	-0.17	0.94	0.45	-0.41	0.67	0.66	0.73	0.06		-0.12	-0.6	-0.6	0.85	0.83	0.88	0.83
Short Term Debt	-0.32	-0.3	-0.25	-0.3	0.21	0.58	-0.23	-0.21	-0.29	-0.24	-0.11	-0.31	-0.12	0.03	-0.31	-0.25	-0.21	0.06	-0.12		0.11	0.11	-0.19	-0.14	-0.17	-0.14
Short Term Investments	-0.65	-0.27	-0.63	-0.61	0.62	0.4	0.04	-0.7	-0.62	-0.64	0.21	-0.63	0.13	0.2	-0.34	-0.44	-0.59	-0.17	-0.6	0.11		1.0	-0.35	-0.69	-0.7	-0.7
Inventory	-0.65	-0.27	-0.63	-0.61	0.62	0.4	0.04	-0.7	-0.62	-0.64	0.21	-0.63	0.13	0.2	-0.34	-0.44	-0.59	-0.17	-0.6	0.11	1.0		-0.35	-0.69	-0.7	-0.7
Common Stock	0.8	0.47	0.74	0.78	-0.73	-0.83	0.26	0.73	0.79	0.66	-0.25	0.88	0.21	-0.38	0.53	0.48	0.75	0.05	0.85	-0.19	-0.35	-0.35		0.82	0.86	0.82
Net Tangible Assets	0.91	0.34	0.92	0.91	-0.7	-0.71	0.06	0.75	0.92	0.6	-0.28	0.9	-0.06	-0.25	0.42	0.47	0.87	0.09	0.83	-0.14	-0.69	-0.69	0.82		0.98	1.0
Property Plant Equipment	0.92	0.42	0.89	0.92	-0.73	-0.79	0.1	0.78	0.93	0.69	-0.31	0.95	0.01	-0.32	0.5	0.48	0.87	0.1	0.88	-0.17	-0.7	-0.7	0.86	0.98		0.98
Net Invested Capital	0.91	0.34	0.91	0.91	-0.71	-0.72	0.05	0.77	0.92	0.61	-0.29	0.9	-0.07	-0.25	0.42	0.47	0.86	0.09	0.83	-0.14	-0.7	-0.7	0.82	1.0	0.98

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MAS Gold Account Relationship Matchups

MAS Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	900.4K	2.2M	4.5M	4.4M	5.0M	5.3M
Total Current Liabilities	880.1K	1.8M	1.3M	954.1K	1.1M	1.2M
Total Stockholder Equity	20.3K	397.9K	3.2M	3.3M	3.8M	3.9M
Property Plant And Equipment Net	878.8K	926.8K	3.9M	3.3M	3.8M	4.0M
Net Debt	1.6K	(742.0K)	(200.4K)	(687.3K)	(790.4K)	(750.9K)
Retained Earnings	(20.1M)	(27.3M)	(30.5M)	(32.5M)	(29.2M)	(27.8M)
Accounts Payable	373.1K	1.7M	840.5K	564.1K	648.8K	334.3K
Cash	0.0	742.0K	200.4K	837.3K	962.9K	1.0M
Non Current Assets Total	878.8K	926.8K	4.1M	3.5M	4.0M	4.2M
Net Receivables	13.4K	146.2K	33.0K	8.7K	10.0K	9.5K
Common Stock Shares Outstanding	72.7M	132.5M	246.1M	212.4M	244.3M	256.5M
Liabilities And Stockholders Equity	900.4K	2.2M	4.5M	4.4M	5.0M	5.3M
Other Current Assets	8.1K	364.1K	153.3K	11.4K	13.1K	12.5K
Other Stockholder Equity	1.0M	1.1M	1.0	2.3M	2.0M	1.9M
Total Liab	880.1K	1.8M	1.3M	1.1M	1.3M	1.3M
Total Current Assets	21.6K	1.3M	386.8K	857.4K	986.0K	1.0M
Other Current Liab	16.4K	50K	420K	390K	448.5K	470.9K
Accumulated Other Comprehensive Income	1.1M	4.1M	2.3M	2.3M	2.6M	2.7M
Common Stock	19.0M	23.6M	31.4M	33.5M	38.5M	23.2M
Net Tangible Assets	467.0K	20.3K	397.9K	3.2M	3.7M	3.9M
Net Invested Capital	21.9K	397.9K	3.2M	3.4M	3.9M	4.1M
Net Working Capital	(858.5K)	(528.9K)	(873.7K)	(96.8K)	(87.1K)	(91.5K)
Capital Stock	19.0M	23.6M	31.4M	33.5M	38.5M	26.5M

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