Magnetic Total Stockholder Equity vs Non Current Assets Total Analysis

MAU Stock   1.30  0.02  1.52%   
Magnetic Resources financial indicator trend analysis is infinitely more than just investigating Magnetic Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magnetic Resources is a good investment. Please check the relationship between Magnetic Resources Total Stockholder Equity and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnetic Resources NL. 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 Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magnetic Resources Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Magnetic Resources' Total Stockholder Equity and Non Current Assets Total is 0.09. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Magnetic Resources NL, assuming nothing else is changed. The correlation between historical values of Magnetic Resources' Total Stockholder Equity and Non Current Assets Total 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 Magnetic Resources NL are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Magnetic Resources' Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Magnetic Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magnetic Resources 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 Magnetic Resources NL. 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.
Issuance Of Capital Stock is likely to gain to about 20.3 M in 2025, whereas Selling General Administrative is likely to drop slightly above 622.7 K in 2025.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization27.7K4.5K4.1K3.9K
Cost Of Revenue27.7K4.5K4.1K3.9K

Magnetic Resources fundamental ratios Correlations

0.821.00.861.00.87-0.410.820.89-0.16-0.11-0.97-0.790.070.990.740.590.850.99-0.06-0.180.68-0.85-0.320.260.54
0.820.790.970.820.88-0.581.00.91-0.43-0.45-0.78-0.86-0.160.840.710.570.80.850.26-0.080.42-0.91-0.520.250.57
1.00.790.831.00.85-0.390.790.87-0.14-0.07-0.97-0.770.090.990.720.580.840.99-0.09-0.190.69-0.83-0.30.250.53
0.860.970.830.850.92-0.510.970.94-0.32-0.36-0.83-0.9-0.150.880.790.650.880.880.08-0.10.53-0.88-0.430.250.62
1.00.821.00.850.86-0.410.820.88-0.17-0.11-0.97-0.780.060.990.730.580.850.99-0.06-0.170.68-0.85-0.330.240.54
0.870.880.850.920.86-0.520.880.86-0.22-0.22-0.82-0.79-0.060.870.660.490.860.880.03-0.110.45-0.83-0.290.190.48
-0.41-0.58-0.39-0.51-0.41-0.52-0.58-0.350.110.10.360.270.19-0.42-0.070.06-0.26-0.42-0.21-0.140.00.610.450.20.11
0.821.00.790.970.820.88-0.580.91-0.43-0.45-0.78-0.86-0.160.840.710.570.80.850.26-0.080.42-0.91-0.520.250.57
0.890.910.870.940.880.86-0.350.91-0.42-0.47-0.87-0.96-0.150.910.890.750.890.92-0.04-0.140.59-0.9-0.410.40.76
-0.16-0.43-0.14-0.32-0.17-0.220.11-0.43-0.420.890.080.430.39-0.18-0.17-0.15-0.25-0.18-0.12-0.360.280.490.48-0.11-0.36
-0.11-0.45-0.07-0.36-0.11-0.220.1-0.45-0.470.890.090.510.62-0.18-0.35-0.31-0.21-0.18-0.16-0.310.140.450.44-0.18-0.45
-0.97-0.78-0.97-0.83-0.97-0.820.36-0.78-0.870.080.090.82-0.03-0.98-0.78-0.69-0.84-0.970.050.22-0.790.820.26-0.28-0.6
-0.79-0.86-0.77-0.9-0.78-0.790.27-0.86-0.960.430.510.820.18-0.83-0.9-0.84-0.88-0.830.040.17-0.610.850.35-0.45-0.84
0.07-0.160.09-0.150.06-0.060.19-0.16-0.150.390.62-0.030.18-0.02-0.12-0.050.09-0.020.07-0.770.120.160.270.5-0.05
0.990.840.990.880.990.87-0.420.840.91-0.18-0.18-0.98-0.83-0.020.790.630.851.0-0.04-0.160.7-0.86-0.340.270.57
0.740.710.720.790.730.66-0.070.710.89-0.17-0.35-0.78-0.9-0.120.790.890.780.79-0.09-0.310.76-0.66-0.220.530.82
0.590.570.580.650.580.490.060.570.75-0.15-0.31-0.69-0.84-0.050.630.890.680.63-0.11-0.360.76-0.57-0.180.580.92
0.850.80.840.880.850.86-0.260.80.89-0.25-0.21-0.84-0.880.090.850.780.680.85-0.09-0.230.66-0.74-0.080.370.66
0.990.850.990.880.990.88-0.420.850.92-0.18-0.18-0.97-0.83-0.021.00.790.630.85-0.05-0.160.7-0.87-0.340.270.57
-0.060.26-0.090.08-0.060.03-0.210.26-0.04-0.12-0.160.050.040.07-0.04-0.09-0.11-0.09-0.05-0.21-0.13-0.01-0.020.09-0.08
-0.18-0.08-0.19-0.1-0.17-0.11-0.14-0.08-0.14-0.36-0.310.220.17-0.77-0.16-0.31-0.36-0.23-0.16-0.21-0.390.02-0.22-0.84-0.28
0.680.420.690.530.680.450.00.420.590.280.14-0.79-0.610.120.70.760.760.660.7-0.13-0.39-0.390.120.360.56
-0.85-0.91-0.83-0.88-0.85-0.830.61-0.91-0.90.490.450.820.850.16-0.86-0.66-0.57-0.74-0.87-0.010.02-0.390.65-0.24-0.6
-0.32-0.52-0.3-0.43-0.33-0.290.45-0.52-0.410.480.440.260.350.27-0.34-0.22-0.18-0.08-0.34-0.02-0.220.120.65-0.01-0.31
0.260.250.250.250.240.190.20.250.4-0.11-0.18-0.28-0.450.50.270.530.580.370.270.09-0.840.36-0.24-0.010.59
0.540.570.530.620.540.480.110.570.76-0.36-0.45-0.6-0.84-0.050.570.820.920.660.57-0.08-0.280.56-0.6-0.310.59
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Magnetic Resources Account Relationship Matchups

Magnetic Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.5M2.6M4.5M9.7M11.2M11.8M
Total Current Liabilities332.8K372.2K786.8K885.8K1.0M1.1M
Total Stockholder Equity7.1M2.2M3.7M8.9M10.2M10.7M
Accounts Payable312.4K350.8K540.8K577.3K663.9K697.1K
Cash7.0M2.0M4.1M9.2M10.6M11.1M
Net Receivables186.2K187.3K179.7K347.5K399.7K419.6K
Other Current Assets66.4K67.4K20.1K8.2K9.4K9.0K
Total Liab332.8K372.2K786.8K885.8K1.0M1.1M
Common Stock40.2M43.4M51.4M68.0M78.2M82.1M
Property Plant Equipment106.9K78.0K46.5K19.8K17.8K17.0K
Property Plant And Equipment Net78.0K46.5K19.8K24.4K21.9K20.8K
Net Debt(7.0M)(2.0M)(3.9M)(9.0M)(8.1M)(7.7M)
Retained Earnings(36.1M)(43.8M)(50.9M)(63.2M)(56.9M)(54.0M)
Non Current Assets Total209.9K270.0K188.7K160.9K144.8K177.4K
Cash And Short Term Investments7.0M2.0M4.1M9.2M10.6M11.1M
Common Stock Shares Outstanding205.9M221.6M229.3M233.7M268.7M141.7M
Liabilities And Stockholders Equity7.5M2.6M4.5M9.7M11.2M11.8M
Property Plant And Equipment Gross303.4K302.0K302.5K305.1K350.9K368.5K
Total Current Assets7.2M2.3M4.3M9.6M11.0M11.6M
Accumulated Other Comprehensive Income3.0M2.5M3.2M4.1M4.7M4.9M
Other Current Liab20.4K21.4K25.1K49.7K44.7K26.8K
Non Currrent Assets Other(214.6K)(209.9K)(270.0K)(188.7K)(169.8K)(178.3K)
Net Tangible Assets4.1M7.1M2.2M3.7M4.3M2.8M
Other Stockholder Equity664.6K3.0M2.5M(118.7K)(136.5K)(129.7K)
Long Term Investments131.9K223.5K168.8K136.5K157.0K148.4K
Net Invested Capital7.1M2.2M3.7M8.9M10.2M10.7M
Net Working Capital6.9M1.9M3.5M8.7M10.0M10.5M
Capital Stock40.2M43.4M51.4M68.0M78.2M47.8M

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