Minnova Stock Based Compensation vs Change To Netincome 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 Stock Based Compensation and its Change To Netincome 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.

Stock Based Compensation vs Change To Netincome

Stock Based Compensation vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minnova Corp Stock Based Compensation account and Change To Netincome. At this time, the significance of the direction appears to have weak relationship.
The correlation between Minnova Corp's Stock Based Compensation and Change To Netincome is 0.33. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Netincome 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 Stock Based Compensation and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Minnova Corp are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Stock Based Compensation i.e., Minnova Corp's Stock Based Compensation and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Netincome

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

-0.020.330.981.0-0.040.620.370.31.00.180.79-0.380.340.40.470.230.17-0.01-0.010.070.67-0.070.56-0.05-0.16
-0.02-0.23-0.02-0.02-0.41-0.54-0.44-0.01-0.020.040.130.6-0.230.020.11-0.380.34-0.72-0.720.230.05-0.74-0.25-0.750.69
0.33-0.230.150.330.750.240.780.210.330.20.55-0.390.720.90.230.070.480.620.620.230.260.570.450.56-0.56
0.98-0.020.150.98-0.180.660.230.280.980.150.71-0.380.220.20.450.230.01-0.09-0.09-0.020.69-0.140.54-0.12-0.12
1.0-0.020.330.98-0.020.610.360.261.00.140.77-0.370.30.390.430.20.18-0.02-0.020.080.67-0.080.55-0.06-0.15
-0.04-0.410.75-0.18-0.020.10.45-0.32-0.03-0.350.01-0.260.280.59-0.34-0.270.260.690.690.38-0.070.650.170.64-0.43
0.62-0.540.240.660.610.10.350.310.620.160.5-0.910.42-0.010.360.43-0.480.530.53-0.090.690.520.820.55-0.73
0.37-0.440.780.230.360.450.350.290.370.260.57-0.510.680.750.260.570.410.580.580.090.270.580.480.58-0.58
0.3-0.010.210.280.26-0.320.310.290.270.980.51-0.40.790.190.970.49-0.010.20.2-0.140.240.180.320.2-0.35
1.0-0.020.330.981.0-0.030.620.370.270.140.77-0.370.310.40.440.210.18-0.02-0.020.070.67-0.070.55-0.06-0.15
0.180.040.20.150.14-0.350.160.260.980.140.42-0.260.750.190.930.450.030.140.14-0.230.120.130.20.14-0.28
0.790.130.550.710.770.010.50.570.510.770.42-0.470.590.580.630.430.280.160.160.110.740.110.70.12-0.35
-0.380.6-0.39-0.38-0.37-0.26-0.91-0.51-0.4-0.37-0.26-0.47-0.59-0.1-0.38-0.490.42-0.75-0.75-0.01-0.59-0.75-0.85-0.770.9
0.34-0.230.720.220.30.280.420.680.790.310.750.59-0.590.610.760.40.210.610.610.10.270.580.50.59-0.66
0.40.020.90.20.390.59-0.010.750.190.40.190.58-0.10.610.230.060.790.330.330.380.150.270.230.27-0.23
0.470.110.230.450.43-0.340.360.260.970.440.930.63-0.380.760.230.410.020.10.1-0.130.370.070.390.09-0.29
0.23-0.380.070.230.2-0.270.430.570.490.210.450.43-0.490.40.060.41-0.040.350.35-0.140.260.390.40.4-0.46
0.170.340.480.010.180.26-0.480.41-0.010.180.030.280.420.210.790.02-0.04-0.14-0.140.49-0.16-0.18-0.24-0.20.29
-0.01-0.720.62-0.09-0.020.690.530.580.2-0.020.140.16-0.750.610.330.10.35-0.141.00.170.10.990.490.99-0.87
-0.01-0.720.62-0.09-0.020.690.530.580.2-0.020.140.16-0.750.610.330.10.35-0.141.00.170.10.990.490.99-0.87
0.070.230.23-0.020.080.38-0.090.09-0.140.07-0.230.11-0.010.10.38-0.13-0.140.490.170.170.060.110.090.110.07
0.670.050.260.690.67-0.070.690.270.240.670.120.74-0.590.270.150.370.26-0.160.10.10.060.070.910.09-0.39
-0.07-0.740.57-0.14-0.080.650.520.580.18-0.070.130.11-0.750.580.270.070.39-0.180.990.990.110.070.461.0-0.87
0.56-0.250.450.540.550.170.820.480.320.550.20.7-0.850.50.230.390.4-0.240.490.490.090.910.460.48-0.71
-0.05-0.750.56-0.12-0.060.640.550.580.2-0.060.140.12-0.770.590.270.090.4-0.20.990.990.110.091.00.48-0.88
-0.160.69-0.56-0.12-0.15-0.43-0.73-0.58-0.35-0.15-0.28-0.350.9-0.66-0.23-0.29-0.460.29-0.87-0.870.07-0.39-0.87-0.71-0.88
Click cells to compare fundamentals

Minnova Corp Account Relationship Matchups

Minnova Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.4M20.9M21.2M383.1K222.1K211.0K
Other Current Liab603.2K769.7K281.8K890.9K1.0M545.2K
Total Current Liabilities1.8M1.6M790.4K890.9K1.3M2.0M
Total Stockholder Equity14.2M16.2M17.5M(4.0M)(4.4M)(4.2M)
Property Plant And Equipment Net19.2M20.4M20.9M207.8K193.4K183.7K
Net Debt(21.0K)(131.5K)(138.0K)(41.7K)115.8K94.7K
Retained Earnings(9.1M)(10.1M)(9.2M)(31.1M)(31.1M)(29.6M)
Accounts Payable1.2M851.2K508.6K521.6K832.0K830.2K
Cash21.0K131.5K138.0K129.7K1.4K1.3K
Non Current Assets Total19.2M20.5M20.9M207.8K193.4K183.7K
Cash And Short Term Investments21.0K131.5K138.0K129.7K116.8K180.9K
Net Receivables110.3K142.7K54.8K42.3K27.4K26.0K
Common Stock Shares Outstanding32.5M38.3M45.7M58.2M70.0M73.5M
Liabilities And Stockholders Equity19.4M20.9M21.2M383.1K440.6K418.6K
Other Stockholder Equity1.7M2.5M2.1M1.7M1.6M1.5M
Total Liab5.2M4.7M3.7M4.4M4.6M4.7M
Total Current Assets142.4K453.1K337.1K175.4K28.7K27.3K
Non Current Liabilities Total3.4M3.1M2.9M3.5M3.3M3.4M
Accumulated Other Comprehensive Income1.7M2.5M2.1M1.7M2.0M2.3M
Other Liab3.4M3.1M2.9M3.5M3.2M2.5M
Net Tangible Assets14.2M16.2M(3.1M)(4.0M)(3.6M)(3.5M)
Common Stock21.5M23.9M24.6M25.3M29.1M21.8M
Property Plant Equipment19.2M20.4M224.0K207.8K187.0K177.6K
Net Invested Capital14.2M16.2M17.5M(4.0M)(4.3M)(4.0M)
Net Working Capital(1.7M)(1.2M)(453.3K)(715.6K)(1.3M)(1.3M)
Capital Stock21.5M23.9M24.6M25.3M25.3M26.0M

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 Minnova Stock Analysis

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