Minnova Short Long Term Debt vs Total Stockholder Equity Analysis
MCI Stock | CAD 0.05 0.00 0.00% |
Minnova Corp financial indicator trend analysis is infinitely more than just investigating Minnova Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minnova Corp is a good investment. Please check the relationship between Minnova Corp Short Long Term Debt and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minnova 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.
Short Long Term Debt vs Total Stockholder Equity
Short Long Term Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minnova Corp Short Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Minnova Corp's Short Long Term Debt and Total Stockholder Equity is -0.12. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Minnova Corp, assuming nothing else is changed. The correlation between historical values of Minnova Corp's Short Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Minnova Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Long Term Debt i.e., Minnova Corp's Short Long Term Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.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.Most indicators from Minnova Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minnova 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 Minnova 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. At this time, Minnova Corp's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.6 M in 2024, despite the fact that Discontinued Operations is likely to grow to (71.5 K).
Minnova Corp fundamental ratios Correlations
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Minnova Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Minnova Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.4M | 20.9M | 21.2M | 383.1K | 222.1K | 211.0K | |
Other Current Liab | 603.2K | 769.7K | 281.8K | 890.9K | 1.0M | 545.2K | |
Total Current Liabilities | 1.8M | 1.6M | 790.4K | 890.9K | 1.3M | 2.0M | |
Total Stockholder Equity | 14.2M | 16.2M | 17.5M | (4.0M) | (4.4M) | (4.2M) | |
Property Plant And Equipment Net | 19.2M | 20.4M | 20.9M | 207.8K | 193.4K | 183.7K | |
Net Debt | (21.0K) | (131.5K) | (138.0K) | (41.7K) | 115.8K | 94.7K | |
Retained Earnings | (9.1M) | (10.1M) | (9.2M) | (31.1M) | (31.1M) | (29.6M) | |
Accounts Payable | 1.2M | 851.2K | 508.6K | 521.6K | 832.0K | 830.2K | |
Cash | 21.0K | 131.5K | 138.0K | 129.7K | 1.4K | 1.3K | |
Non Current Assets Total | 19.2M | 20.5M | 20.9M | 207.8K | 193.4K | 183.7K | |
Cash And Short Term Investments | 21.0K | 131.5K | 138.0K | 129.7K | 116.8K | 180.9K | |
Net Receivables | 110.3K | 142.7K | 54.8K | 42.3K | 27.4K | 26.0K | |
Common Stock Shares Outstanding | 32.5M | 38.3M | 45.7M | 58.2M | 70.0M | 73.5M | |
Liabilities And Stockholders Equity | 19.4M | 20.9M | 21.2M | 383.1K | 440.6K | 418.6K | |
Other Stockholder Equity | 1.7M | 2.5M | 2.1M | 1.7M | 1.6M | 1.5M | |
Total Liab | 5.2M | 4.7M | 3.7M | 4.4M | 4.6M | 4.7M | |
Total Current Assets | 142.4K | 453.1K | 337.1K | 175.4K | 28.7K | 27.3K | |
Non Current Liabilities Total | 3.4M | 3.1M | 2.9M | 3.5M | 3.3M | 3.4M | |
Accumulated Other Comprehensive Income | 1.7M | 2.5M | 2.1M | 1.7M | 2.0M | 2.3M | |
Other Liab | 3.4M | 3.1M | 2.9M | 3.5M | 3.2M | 2.5M | |
Net Tangible Assets | 14.2M | 16.2M | (3.1M) | (4.0M) | (3.6M) | (3.5M) | |
Common Stock | 21.5M | 23.9M | 24.6M | 25.3M | 29.1M | 21.8M | |
Property Plant Equipment | 19.2M | 20.4M | 224.0K | 207.8K | 187.0K | 177.6K | |
Net Invested Capital | 14.2M | 16.2M | 17.5M | (4.0M) | (4.3M) | (4.0M) | |
Net Working Capital | (1.7M) | (1.2M) | (453.3K) | (715.6K) | (1.3M) | (1.3M) | |
Capital Stock | 21.5M | 23.9M | 24.6M | 25.3M | 25.3M | 26.0M |
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