MAS Property Plant Equipment vs Accounts Payable 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 Property Plant Equipment and its Accounts Payable 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAS Gold Corp Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.

The correlation between MAS Gold's Property Plant Equipment and Accounts Payable is 0.1. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable 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 Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of MAS Gold Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., MAS Gold's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents MAS Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MAS Gold Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for MAS Stock Analysis

When running MAS Gold's price analysis, check to measure MAS Gold'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 MAS Gold is operating at the current time. Most of MAS Gold's value examination focuses on studying past and present price action to predict the probability of MAS Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAS Gold's price. Additionally, you may evaluate how the addition of MAS Gold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC