MetalsGrove Total Cash From Operating Activities vs Total Current Assets Analysis

MGA Stock

0.06 0 6.78%

MetalsGrove Mining financial indicator trend analysis is infinitely more than just investigating MetalsGrove Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MetalsGrove Mining is a good investment. Please check the relationship between MetalsGrove Mining Total Cash From Operating Activities and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetalsGrove Mining. 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 Cash From Operating Activities vs Total Current Assets

Total Cash From Operating Activities vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetalsGrove Mining Total Cash From Operating Activities account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between MetalsGrove Mining's Total Cash From Operating Activities and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of MetalsGrove Mining, assuming nothing else is changed. The correlation between historical values of MetalsGrove Mining's Total Cash From Operating Activities and Total Current Assets 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 Cash From Operating Activities of MetalsGrove Mining are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Cash From Operating Activities i.e., MetalsGrove Mining's Total Cash From Operating Activities and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Cash From Operating Activities

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from MetalsGrove Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MetalsGrove Mining 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 MetalsGrove Mining. 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 gain to about 155.1 K in 2024

	2010	2022	2023	2024 (projected)
Gross Profit	5.1K	76.4K	50.4K	48.4K
Total Revenue	5.1K	76.4K	50.4K	48.4K

Gross Profit Total Revenue

MetalsGrove Mining 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	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Assets	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Cash And Equivalents	Net Working Capital
Total Assets		0.97	1.0	-0.68	-0.9	1.0	0.97	0.88	-0.69	-0.66	0.88	-0.85	0.36	0.71	0.97	0.89	-0.98	-0.82	0.93	0.93	0.93	0.93	0.93	0.93
Total Current Liabilities	0.97		0.96	-0.48	-0.77	0.97	1.0	0.74	-0.5	-0.82	0.74	-0.71	0.57	0.86	1.0	0.75	-0.99	-0.69	0.94	0.94	0.94	0.94	0.94	0.94
Total Stockholder Equity	1.0	0.96		-0.72	-0.92	0.99	0.96	0.89	-0.73	-0.62	0.89	-0.86	0.31	0.68	0.96	0.9	-0.96	-0.82	0.94	0.94	0.94	0.94	0.94	0.94
Property Plant And Equipment Net	-0.68	-0.48	-0.72		0.93	-0.67	-0.48	-0.93	1.0	-0.1	-0.93	0.93	0.44	0.03	-0.48	-0.93	0.53	0.89	-0.54	-0.54	-0.54	-0.54	-0.54	-0.54
Net Debt	-0.9	-0.77	-0.92	0.93		-0.89	-0.77	-1.0	0.93	0.27	-1.0	0.99	0.08	-0.34	-0.77	-1.0	0.81	0.96	-0.76	-0.76	-0.76	-0.76	-0.76	-0.76
Retained Earnings	1.0	0.97	0.99	-0.67	-0.89		0.97	0.88	-0.68	-0.67	0.88	-0.85	0.37	0.72	0.97	0.88	-0.98	-0.83	0.92	0.92	0.92	0.92	0.92	0.92
Accounts Payable	0.97	1.0	0.96	-0.48	-0.77	0.97		0.74	-0.5	-0.82	0.74	-0.71	0.57	0.86	1.0	0.75	-0.99	-0.69	0.94	0.94	0.94	0.94	0.94	0.94
Cash	0.88	0.74	0.89	-0.93	-1.0	0.88	0.74		-0.94	-0.23	1.0	-1.0	-0.12	0.31	0.74	1.0	-0.79	-0.98	0.72	0.72	0.72	0.72	0.72	0.72
Non Current Assets Total	-0.69	-0.5	-0.73	1.0	0.93	-0.68	-0.5	-0.94		-0.08	-0.94	0.94	0.42	0.01	-0.5	-0.93	0.55	0.9	-0.55	-0.55	-0.55	-0.55	-0.55	-0.55
Non Currrent Assets Other	-0.66	-0.82	-0.62	-0.1	0.27	-0.67	-0.82	-0.23	-0.08		-0.23	0.19	-0.94	-1.0	-0.82	-0.24	0.77	0.19	-0.73	-0.73	-0.73	-0.73	-0.73	-0.73
Cash And Short Term Investments	0.88	0.74	0.89	-0.93	-1.0	0.88	0.74	1.0	-0.94	-0.23		-1.0	-0.12	0.31	0.74	1.0	-0.79	-0.98	0.72	0.72	0.72	0.72	0.72	0.72
Common Stock Shares Outstanding	-0.85	-0.71	-0.86	0.93	0.99	-0.85	-0.71	-1.0	0.94	0.19	-1.0		0.16	-0.26	-0.71	-1.0	0.77	0.99	-0.66	-0.66	-0.66	-0.66	-0.66	-0.66
Other Current Assets	0.36	0.57	0.31	0.44	0.08	0.37	0.57	-0.12	0.42	-0.94	-0.12	0.16		0.91	0.57	-0.11	-0.51	0.15	0.48	0.48	0.48	0.48	0.48	0.48
Other Stockholder Equity	0.71	0.86	0.68	0.03	-0.34	0.72	0.86	0.31	0.01	-1.0	0.31	-0.26	0.91		0.86	0.32	-0.82	-0.26	0.77	0.77	0.77	0.77	0.77	0.77
Total Liab	0.97	1.0	0.96	-0.48	-0.77	0.97	1.0	0.74	-0.5	-0.82	0.74	-0.71	0.57	0.86		0.75	-0.99	-0.69	0.94	0.94	0.94	0.94	0.94	0.94
Total Current Assets	0.89	0.75	0.9	-0.93	-1.0	0.88	0.75	1.0	-0.93	-0.24	1.0	-1.0	-0.11	0.32	0.75		-0.8	-0.98	0.72	0.72	0.72	0.72	0.72	0.72
Common Stock	-0.98	-0.99	-0.96	0.53	0.81	-0.98	-0.99	-0.79	0.55	0.77	-0.79	0.77	-0.51	-0.82	-0.99	-0.8		0.77	-0.89	-0.89	-0.89	-0.89	-0.89	-0.89
Property Plant Equipment	-0.82	-0.69	-0.82	0.89	0.96	-0.83	-0.69	-0.98	0.9	0.19	-0.98	0.99	0.15	-0.26	-0.69	-0.98	0.77		-0.59	-0.59	-0.59	-0.59	-0.59	-0.59
Other Assets	0.93	0.94	0.94	-0.54	-0.76	0.92	0.94	0.72	-0.55	-0.73	0.72	-0.66	0.48	0.77	0.94	0.72	-0.89	-0.59		1.0	1.0	1.0	1.0	1.0
Net Invested Capital	0.93	0.94	0.94	-0.54	-0.76	0.92	0.94	0.72	-0.55	-0.73	0.72	-0.66	0.48	0.77	0.94	0.72	-0.89	-0.59	1.0		1.0	1.0	1.0	1.0
Property Plant And Equipment Gross	0.93	0.94	0.94	-0.54	-0.76	0.92	0.94	0.72	-0.55	-0.73	0.72	-0.66	0.48	0.77	0.94	0.72	-0.89	-0.59	1.0	1.0		1.0	1.0	1.0
Capital Stock	0.93	0.94	0.94	-0.54	-0.76	0.92	0.94	0.72	-0.55	-0.73	0.72	-0.66	0.48	0.77	0.94	0.72	-0.89	-0.59	1.0	1.0	1.0		1.0	1.0
Cash And Equivalents	0.93	0.94	0.94	-0.54	-0.76	0.92	0.94	0.72	-0.55	-0.73	0.72	-0.66	0.48	0.77	0.94	0.72	-0.89	-0.59	1.0	1.0	1.0	1.0		1.0
Net Working Capital	0.93	0.94	0.94	-0.54	-0.76	0.92	0.94	0.72	-0.55	-0.73	0.72	-0.66	0.48	0.77	0.94	0.72	-0.89	-0.59	1.0	1.0	1.0	1.0	1.0

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MetalsGrove Total Cash From Operating Activities vs Total Current Assets Analysis

Total Cash From Operating Activities vs Total Current Assets

Total Cash From Operating Activities vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Cash From Operating Activities

Total Current Assets

MetalsGrove Mining fundamental ratios Correlations

MetalsGrove Mining Account Relationship Matchups

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Accounts Payable

Total Current Assets	- 1.0	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 1.0	Cash And Short Term Investments
Other Stockholder Equity	- 1.0	Non Currrent Assets Other
Common Stock Shares Outstanding	- 1.0	Cash
Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt