Mount Non Current Liabilities Total vs Other Stockholder Equity Analysis

MGX Stock   0.31  0.01  3.13%   
Mount Gibson financial indicator trend analysis is infinitely more than just investigating Mount Gibson Iron recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mount Gibson Iron is a good investment. Please check the relationship between Mount Gibson Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mount Gibson Iron. 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.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mount Gibson Iron Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mount Gibson's Non Current Liabilities Total and Other Stockholder Equity is 0.5. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Mount Gibson Iron, assuming nothing else is changed. The correlation between historical values of Mount Gibson's Non Current Liabilities Total and Other 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 Non Current Liabilities Total of Mount Gibson Iron are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Mount Gibson's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Other Stockholder Equity

Most indicators from Mount Gibson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mount Gibson Iron 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 Mount Gibson Iron. 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.
Tax Provision is likely to gain to about 48.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 16.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M4.3M3.4M3.0M
Depreciation And Amortization75.1M123.7M34.9M33.1M

Mount Gibson fundamental ratios Correlations

0.560.950.950.990.96-0.3-0.010.530.860.260.95-0.73-0.170.620.370.34-0.240.920.790.420.950.250.61-0.150.31
0.560.550.570.490.72-0.140.560.280.24-0.20.73-0.72-0.760.04-0.23-0.250.010.770.830.690.720.35-0.08-0.26-0.23
0.950.550.990.920.93-0.26-0.110.40.840.380.95-0.71-0.290.520.380.37-0.120.90.740.440.950.370.45-0.230.35
0.950.570.990.930.95-0.3-0.10.420.880.380.96-0.7-0.270.540.320.33-0.120.90.730.490.960.370.46-0.270.31
0.990.490.920.930.93-0.31-0.050.540.870.270.91-0.7-0.090.660.410.37-0.260.870.750.370.910.20.66-0.120.33
0.960.720.930.950.93-0.350.130.550.810.170.99-0.77-0.40.540.160.13-0.230.970.840.520.980.270.39-0.220.11
-0.3-0.14-0.26-0.3-0.31-0.350.21-0.58-0.5-0.25-0.320.40.24-0.420.270.360.72-0.23-0.10.13-0.260.63-0.03-0.090.42
-0.010.56-0.11-0.1-0.050.130.210.32-0.35-0.920.1-0.36-0.51-0.11-0.47-0.5-0.060.220.40.230.110.06-0.220.02-0.47
0.530.280.40.420.540.55-0.580.320.48-0.290.47-0.65-0.230.69-0.21-0.31-0.870.490.45-0.180.47-0.540.330.15-0.37
0.860.240.840.880.870.81-0.5-0.350.480.530.79-0.460.040.70.280.3-0.290.710.420.290.780.10.55-0.220.26
0.26-0.20.380.380.270.17-0.25-0.92-0.290.530.20.110.290.130.440.520.140.1-0.090.080.20.140.25-0.180.5
0.950.730.950.960.910.99-0.320.10.470.790.2-0.74-0.440.490.160.15-0.150.960.820.560.980.340.32-0.240.13
-0.73-0.72-0.71-0.7-0.7-0.770.4-0.36-0.65-0.460.11-0.740.56-0.39-0.07-0.020.44-0.78-0.87-0.21-0.770.03-0.350.00.01
-0.17-0.76-0.29-0.27-0.09-0.40.24-0.51-0.230.040.29-0.440.560.080.490.540.09-0.42-0.51-0.38-0.38-0.110.560.240.52
0.620.040.520.540.660.54-0.42-0.110.690.70.130.49-0.390.080.110.05-0.570.410.3-0.010.46-0.290.53-0.290.0
0.37-0.230.380.320.410.160.27-0.47-0.210.280.440.16-0.070.490.110.910.210.190.19-0.110.240.330.660.050.9
0.34-0.250.370.330.370.130.36-0.5-0.310.30.520.15-0.020.540.050.910.340.190.16-0.050.240.440.680.011.0
-0.240.01-0.12-0.12-0.26-0.230.72-0.06-0.87-0.290.14-0.150.440.09-0.570.210.34-0.17-0.160.52-0.160.83-0.23-0.30.42
0.920.770.90.90.870.97-0.230.220.490.710.10.96-0.78-0.420.410.190.19-0.170.890.50.990.360.38-0.180.18
0.790.830.740.730.750.84-0.10.40.450.42-0.090.82-0.87-0.510.30.190.16-0.160.890.440.850.270.36-0.140.15
0.420.690.440.490.370.520.130.23-0.180.290.080.56-0.21-0.38-0.01-0.11-0.050.520.50.440.510.69-0.08-0.47-0.01
0.950.720.950.960.910.98-0.260.110.470.780.20.98-0.77-0.380.460.240.24-0.160.990.850.510.370.42-0.210.23
0.250.350.370.370.20.270.630.06-0.540.10.140.340.03-0.11-0.290.330.440.830.360.270.690.37-0.01-0.340.51
0.61-0.080.450.460.660.39-0.03-0.220.330.550.250.32-0.350.560.530.660.68-0.230.380.36-0.080.42-0.010.140.64
-0.15-0.26-0.23-0.27-0.12-0.22-0.090.020.15-0.22-0.18-0.240.00.24-0.290.050.01-0.3-0.18-0.14-0.47-0.21-0.340.14-0.02
0.31-0.230.350.310.330.110.42-0.47-0.370.260.50.130.010.520.00.91.00.420.180.15-0.010.230.510.64-0.02
Click cells to compare fundamentals

Mount Gibson Account Relationship Matchups

Mount Gibson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets804.8M984.1M760.1M724.9M664.3M581.2M
Short Long Term Debt Total12.2M18.1M11.9M23.0M11.9M11.3M
Other Current Liab48.7M80.7M74.6M57.9M42.8M38.3M
Total Current Liabilities81.1M123.0M106.9M75.8M60.5M70.9M
Total Stockholder Equity670.7M719.7M533.1M539.2M546.2M431.9M
Property Plant And Equipment Net290.4M485.4M438.9M335.8M122.4M116.3M
Net Debt(99.4M)(77.2M)(65.7M)(32.0M)(24.4M)(25.6M)
Retained Earnings(914.2M)(850.2M)(1.0B)(1.0B)(1.0B)(962.0M)
Accounts Payable25.5M30.7M24.1M6.7M8.6M15.3M
Cash111.7M95.3M77.6M55.0M36.3M51.4M
Non Current Assets Total318.1M572.3M581.8M441.8M134.4M127.7M
Non Currrent Assets Other1.5M1.0M606K2.1M12.0M12.6M
Cash And Short Term Investments423.2M351.6M125.6M162.4M463.0M486.2M
Net Receivables19.2M12.6M1.8M6.9M4.9M4.6M
Common Stock Shares Outstanding1.1B1.2B1.2B1.2B1.2B1.2B
Liabilities And Stockholders Equity804.8M984.1M760.1M724.9M664.3M581.2M
Non Current Liabilities Total52.9M141.4M120.2M109.9M57.6M77.4M
Inventory39.8M26.5M31.5M105.4M56.3M48.8M
Other Stockholder Equity18.6M19.3M18.9M19.2M17.3M18.2M
Total Liab134.1M264.4M227.0M185.7M118.1M148.3M
Property Plant And Equipment Gross290.4M2.2B2.4B2.3B2.2B2.3B
Total Current Assets486.7M411.8M178.4M283.1M529.9M556.4M
Accumulated Other Comprehensive Income982.9M948.9M925.0M925.2M925.7M972.0M
Short Term Debt6.8M11.6M8.2M11.2M9.1M8.7M
Common Stock602.0M620.9M632.4M633.1M728.1M764.5M
Short Term Investments311.6M256.3M48.0M107.4M426.8M448.1M
Other Current Assets4.5M21.2M19.6M8.4M5.7M5.4M
Property Plant Equipment290.4M485.4M438.9M337.7M388.4M425.8M
Other Assets27.7M1.0M73.0M56.1M64.5M67.7M
Other Liab47.6M49.0M46.6M50.0M57.5M37.0M
Net Tangible Assets670.7M719.7M533.1M539.2M485.3M476.1M
Long Term Debt Total5.4M6.5M3.7M11.9M13.6M14.3M
Net Invested Capital670.7M719.7M533.1M539.2M546.2M624.2M
Net Working Capital405.6M288.8M71.5M207.3M469.4M269.8M

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 Mount Stock Analysis

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