Minaurum Pocfratio vs Net Income Per Share Analysis

MGG Stock  CAD 0.21  0.01  5.00%   
Minaurum Gold financial indicator trend analysis is infinitely more than just investigating Minaurum Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minaurum Gold is a good investment. Please check the relationship between Minaurum Gold Pocfratio and its Net Income Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minaurum Gold. 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.

Pocfratio vs Net Income Per Share

Pocfratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minaurum Gold Pocfratio account and Net Income Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Minaurum Gold's Pocfratio and Net Income Per Share is -0.55. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Minaurum Gold, assuming nothing else is changed. The correlation between historical values of Minaurum Gold's Pocfratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Minaurum Gold are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Pocfratio i.e., Minaurum Gold's Pocfratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Pocfratio

Net Income Per Share

Most indicators from Minaurum Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minaurum Gold 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 Minaurum Gold. 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 climb to about 1.4 M in 2024, despite the fact that Tax Provision is likely to grow to (40.9 K).
 2021 2022 2023 2024 (projected)
Interest Income36.4K25.1K12.9K12.2K
Net Interest Income36.4K25.1K12.9K12.2K

Minaurum Gold fundamental ratios Correlations

0.691.0-0.82-0.690.820.860.00.830.480.820.860.780.830.570.81-0.050.930.77-0.050.680.760.61-0.25-0.570.9
0.690.68-0.52-0.560.520.59-0.150.510.480.910.570.560.580.580.59-0.290.670.73-0.390.570.860.14-0.23-0.450.64
1.00.68-0.82-0.690.820.860.00.830.470.810.860.780.830.560.81-0.040.930.77-0.040.680.740.62-0.24-0.570.9
-0.82-0.52-0.820.2-1.0-0.98-0.03-0.480.01-0.6-0.97-0.36-0.43-0.44-0.42-0.27-0.69-0.72-0.29-0.24-0.53-0.560.210.08-0.73
-0.69-0.56-0.690.2-0.2-0.26-0.04-0.86-0.93-0.71-0.27-0.87-0.87-0.34-0.920.56-0.81-0.420.61-0.91-0.73-0.250.250.87-0.68
0.820.520.82-1.0-0.20.980.020.48-0.020.60.970.350.430.440.420.280.690.720.30.240.520.57-0.21-0.080.73
0.860.590.86-0.98-0.260.98-0.010.510.070.670.990.420.480.620.480.250.740.830.270.310.610.59-0.19-0.170.79
0.0-0.150.0-0.03-0.040.02-0.01-0.030.13-0.060.1-0.16-0.2-0.13-0.04-0.20.05-0.24-0.21-0.08-0.08-0.230.140.05-0.17
0.830.510.83-0.48-0.860.480.51-0.030.680.720.510.90.950.370.96-0.160.910.49-0.250.910.730.49-0.38-0.750.72
0.480.480.470.01-0.93-0.020.070.130.680.580.090.690.670.340.78-0.720.650.32-0.750.790.660.01-0.25-0.790.53
0.820.910.81-0.6-0.710.60.67-0.060.720.580.660.660.70.560.74-0.250.810.73-0.350.670.890.24-0.35-0.520.73
0.860.570.86-0.97-0.270.970.990.10.510.090.660.410.460.60.480.230.740.80.250.310.60.57-0.17-0.170.77
0.780.560.78-0.36-0.870.350.42-0.160.90.690.660.410.980.440.94-0.170.810.49-0.240.950.660.62-0.06-0.890.73
0.830.580.83-0.43-0.870.430.48-0.20.950.670.70.460.980.410.95-0.160.850.52-0.230.930.690.57-0.24-0.820.76
0.570.580.56-0.44-0.340.440.62-0.130.370.340.560.60.440.410.460.060.560.850.070.390.640.420.01-0.40.66
0.810.590.81-0.42-0.920.420.48-0.040.960.780.740.480.940.950.46-0.260.920.55-0.360.970.790.5-0.25-0.840.78
-0.05-0.29-0.04-0.270.560.280.25-0.2-0.16-0.72-0.250.23-0.17-0.160.06-0.26-0.22-0.040.94-0.31-0.360.480.160.45-0.18
0.930.670.93-0.69-0.810.690.740.050.910.650.810.740.810.850.560.92-0.220.75-0.270.820.880.49-0.33-0.680.9
0.770.730.77-0.72-0.420.720.83-0.240.490.320.730.80.490.520.850.55-0.040.75-0.010.430.80.47-0.19-0.370.88
-0.05-0.39-0.04-0.290.610.30.27-0.21-0.25-0.75-0.350.25-0.24-0.230.07-0.360.94-0.27-0.01-0.44-0.470.510.230.48-0.12
0.680.570.68-0.24-0.910.240.31-0.080.910.790.670.310.950.930.390.97-0.310.820.43-0.440.740.44-0.15-0.90.66
0.760.860.74-0.53-0.730.520.61-0.080.730.660.890.60.660.690.640.79-0.360.880.8-0.470.740.19-0.37-0.590.78
0.610.140.62-0.56-0.250.570.59-0.230.490.010.240.570.620.570.420.50.480.490.470.510.440.190.34-0.440.62
-0.25-0.23-0.240.210.25-0.21-0.190.14-0.38-0.25-0.35-0.17-0.06-0.240.01-0.250.16-0.33-0.190.23-0.15-0.370.34-0.13-0.14
-0.57-0.45-0.570.080.87-0.08-0.170.05-0.75-0.79-0.52-0.17-0.89-0.82-0.4-0.840.45-0.68-0.370.48-0.9-0.59-0.44-0.13-0.62
0.90.640.9-0.73-0.680.730.79-0.170.720.530.730.770.730.760.660.78-0.180.90.88-0.120.660.780.62-0.14-0.62
Click cells to compare fundamentals

Minaurum Gold Account Relationship Matchups

Minaurum Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.4M12.0M16.7M10.6M8.3M8.4M
Total Current Liabilities156.5K308.7K625.3K161.3K530.0K308.3K
Total Stockholder Equity9.0M11.5M15.9M10.2M7.6M8.0M
Net Debt(2.4M)(4.1M)(6.3M)(1.5M)(617.3K)(648.2K)
Retained Earnings(36.0M)(43.5M)(50.1M)(57.8M)(61.5M)(58.4M)
Cash2.4M4.1M6.3M1.5M617.3K586.4K
Cash And Short Term Investments2.4M4.1M8.8M1.9M739.4K702.4K
Net Receivables40.4K18.7K12.1K69.6K263.0K276.1K
Common Stock Shares Outstanding313.6M337.7M360.8M366.5M370.2M201.8M
Liabilities And Stockholders Equity9.4M12.0M16.7M10.6M8.3M8.4M
Other Stockholder Equity2.8M3.5M7.3M9.2M10.6M11.1M
Total Liab357.5K509.7K826.3K362.3K688.0K457.4K
Total Current Assets2.6M4.3M8.9M2.1M1.1M1.0M
Property Plant And Equipment Net6.8M7.7M7.8M8.5M7.2M5.2M
Non Current Assets Total6.8M7.7M7.8M8.5M7.2M5.4M
Accumulated Other Comprehensive Income2.8M3.5M7.3M9.2M9.6M10.0M
Common Stock42.2M51.4M58.6M58.7M59.5M38.7M
Net Tangible Assets9.0M11.5M15.9M10.2M11.7M9.3M
Accounts Payable150.8K171.4K573.2K117.2K134.8K192.7K
Property Plant Equipment6.8M7.7M7.8M8.5M9.7M5.7M
Other Current Liab156.5K308.7K625.3K161.3K530.0K314.8K
Other Current Assets124.5K146.9K106.9K107.9K71.0K102.6K
Net Invested Capital9.0M11.5M15.9M10.2M7.6M10.9M
Net Working Capital2.5M4.0M8.3M1.9M543.3K516.2K
Capital Stock42.2M51.4M58.6M58.7M59.5M57.1M

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