Mount Total Stockholder Equity vs Retained Earnings 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 Total Stockholder Equity and its Retained Earnings 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.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mount Gibson Iron Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Mount Gibson's Total Stockholder Equity and Retained Earnings is 0.54. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Total Stockholder Equity and Retained Earnings 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 Stockholder Equity of Mount Gibson Iron are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Mount Gibson's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	1.2M	4.3M	3.4M	3.0M
Depreciation And Amortization	75.1M	123.7M	34.9M	33.1M

Interest Expense Depreciation And Amortization

Mount Gibson fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.56	0.95	0.95	0.99	0.96	-0.3	-0.01	0.53	0.86	0.26	0.95	-0.73	-0.17	0.62	0.37	0.34	-0.24	0.92	0.79	0.42	0.95	0.25	0.61	-0.15	0.31
Short Long Term Debt Total	0.56		0.55	0.57	0.49	0.72	-0.14	0.56	0.28	0.24	-0.2	0.73	-0.72	-0.76	0.04	-0.23	-0.25	0.01	0.77	0.83	0.69	0.72	0.35	-0.08	-0.26	-0.23
Other Current Liab	0.95	0.55		0.99	0.92	0.93	-0.26	-0.11	0.4	0.84	0.38	0.95	-0.71	-0.29	0.52	0.38	0.37	-0.12	0.9	0.74	0.44	0.95	0.37	0.45	-0.23	0.35
Total Current Liabilities	0.95	0.57	0.99		0.93	0.95	-0.3	-0.1	0.42	0.88	0.38	0.96	-0.7	-0.27	0.54	0.32	0.33	-0.12	0.9	0.73	0.49	0.96	0.37	0.46	-0.27	0.31
Total Stockholder Equity	0.99	0.49	0.92	0.93		0.93	-0.31	-0.05	0.54	0.87	0.27	0.91	-0.7	-0.09	0.66	0.41	0.37	-0.26	0.87	0.75	0.37	0.91	0.2	0.66	-0.12	0.33
Property Plant And Equipment Net	0.96	0.72	0.93	0.95	0.93		-0.35	0.13	0.55	0.81	0.17	0.99	-0.77	-0.4	0.54	0.16	0.13	-0.23	0.97	0.84	0.52	0.98	0.27	0.39	-0.22	0.11
Current Deferred Revenue	-0.3	-0.14	-0.26	-0.3	-0.31	-0.35		0.21	-0.58	-0.5	-0.25	-0.32	0.4	0.24	-0.42	0.27	0.36	0.72	-0.23	-0.1	0.13	-0.26	0.63	-0.03	-0.09	0.42
Net Debt	-0.01	0.56	-0.11	-0.1	-0.05	0.13	0.21		0.32	-0.35	-0.92	0.1	-0.36	-0.51	-0.11	-0.47	-0.5	-0.06	0.22	0.4	0.23	0.11	0.06	-0.22	0.02	-0.47
Retained Earnings	0.53	0.28	0.4	0.42	0.54	0.55	-0.58	0.32		0.48	-0.29	0.47	-0.65	-0.23	0.69	-0.21	-0.31	-0.87	0.49	0.45	-0.18	0.47	-0.54	0.33	0.15	-0.37
Accounts Payable	0.86	0.24	0.84	0.88	0.87	0.81	-0.5	-0.35	0.48		0.53	0.79	-0.46	0.04	0.7	0.28	0.3	-0.29	0.71	0.42	0.29	0.78	0.1	0.55	-0.22	0.26
Cash	0.26	-0.2	0.38	0.38	0.27	0.17	-0.25	-0.92	-0.29	0.53		0.2	0.11	0.29	0.13	0.44	0.52	0.14	0.1	-0.09	0.08	0.2	0.14	0.25	-0.18	0.5
Non Current Assets Total	0.95	0.73	0.95	0.96	0.91	0.99	-0.32	0.1	0.47	0.79	0.2		-0.74	-0.44	0.49	0.16	0.15	-0.15	0.96	0.82	0.56	0.98	0.34	0.32	-0.24	0.13
Non Currrent Assets Other	-0.73	-0.72	-0.71	-0.7	-0.7	-0.77	0.4	-0.36	-0.65	-0.46	0.11	-0.74		0.56	-0.39	-0.07	-0.02	0.44	-0.78	-0.87	-0.21	-0.77	0.03	-0.35	0.0	0.01
Cash And Short Term Investments	-0.17	-0.76	-0.29	-0.27	-0.09	-0.4	0.24	-0.51	-0.23	0.04	0.29	-0.44	0.56		0.08	0.49	0.54	0.09	-0.42	-0.51	-0.38	-0.38	-0.11	0.56	0.24	0.52
Net Receivables	0.62	0.04	0.52	0.54	0.66	0.54	-0.42	-0.11	0.69	0.7	0.13	0.49	-0.39	0.08		0.11	0.05	-0.57	0.41	0.3	-0.01	0.46	-0.29	0.53	-0.29	0.0
Good Will	0.37	-0.23	0.38	0.32	0.41	0.16	0.27	-0.47	-0.21	0.28	0.44	0.16	-0.07	0.49	0.11		0.91	0.21	0.19	0.19	-0.11	0.24	0.33	0.66	0.05	0.9
Common Stock Total Equity	0.34	-0.25	0.37	0.33	0.37	0.13	0.36	-0.5	-0.31	0.3	0.52	0.15	-0.02	0.54	0.05	0.91		0.34	0.19	0.16	-0.05	0.24	0.44	0.68	0.01	1.0
Common Stock Shares Outstanding	-0.24	0.01	-0.12	-0.12	-0.26	-0.23	0.72	-0.06	-0.87	-0.29	0.14	-0.15	0.44	0.09	-0.57	0.21	0.34		-0.17	-0.16	0.52	-0.16	0.83	-0.23	-0.3	0.42
Non Current Liabilities Total	0.92	0.77	0.9	0.9	0.87	0.97	-0.23	0.22	0.49	0.71	0.1	0.96	-0.78	-0.42	0.41	0.19	0.19	-0.17		0.89	0.5	0.99	0.36	0.38	-0.18	0.18
Inventory	0.79	0.83	0.74	0.73	0.75	0.84	-0.1	0.4	0.45	0.42	-0.09	0.82	-0.87	-0.51	0.3	0.19	0.16	-0.16	0.89		0.44	0.85	0.27	0.36	-0.14	0.15
Other Stockholder Equity	0.42	0.69	0.44	0.49	0.37	0.52	0.13	0.23	-0.18	0.29	0.08	0.56	-0.21	-0.38	-0.01	-0.11	-0.05	0.52	0.5	0.44		0.51	0.69	-0.08	-0.47	-0.01
Total Liab	0.95	0.72	0.95	0.96	0.91	0.98	-0.26	0.11	0.47	0.78	0.2	0.98	-0.77	-0.38	0.46	0.24	0.24	-0.16	0.99	0.85	0.51		0.37	0.42	-0.21	0.23
Property Plant And Equipment Gross	0.25	0.35	0.37	0.37	0.2	0.27	0.63	0.06	-0.54	0.1	0.14	0.34	0.03	-0.11	-0.29	0.33	0.44	0.83	0.36	0.27	0.69	0.37		-0.01	-0.34	0.51
Total Current Assets	0.61	-0.08	0.45	0.46	0.66	0.39	-0.03	-0.22	0.33	0.55	0.25	0.32	-0.35	0.56	0.53	0.66	0.68	-0.23	0.38	0.36	-0.08	0.42	-0.01		0.14	0.64
Short Term Debt	-0.15	-0.26	-0.23	-0.27	-0.12	-0.22	-0.09	0.02	0.15	-0.22	-0.18	-0.24	0.0	0.24	-0.29	0.05	0.01	-0.3	-0.18	-0.14	-0.47	-0.21	-0.34	0.14		-0.02
Common Stock	0.31	-0.23	0.35	0.31	0.33	0.11	0.42	-0.47	-0.37	0.26	0.5	0.13	0.01	0.52	0.0	0.9	1.0	0.42	0.18	0.15	-0.01	0.23	0.51	0.64	-0.02

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Mount Gibson Account Relationship Matchups

Mount Gibson fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	804.8M	984.1M	760.1M	724.9M	664.3M	581.2M
Short Long Term Debt Total	12.2M	18.1M	11.9M	23.0M	11.9M	11.3M
Other Current Liab	48.7M	80.7M	74.6M	57.9M	42.8M	38.3M
Total Current Liabilities	81.1M	123.0M	106.9M	75.8M	60.5M	70.9M
Total Stockholder Equity	670.7M	719.7M	533.1M	539.2M	546.2M	431.9M
Property Plant And Equipment Net	290.4M	485.4M	438.9M	335.8M	122.4M	116.3M
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 Payable	25.5M	30.7M	24.1M	6.7M	8.6M	15.3M
Cash	111.7M	95.3M	77.6M	55.0M	36.3M	51.4M
Non Current Assets Total	318.1M	572.3M	581.8M	441.8M	134.4M	127.7M
Non Currrent Assets Other	1.5M	1.0M	606K	2.1M	12.0M	12.6M
Cash And Short Term Investments	423.2M	351.6M	125.6M	162.4M	463.0M	486.2M
Net Receivables	19.2M	12.6M	1.8M	6.9M	4.9M	4.6M
Common Stock Shares Outstanding	1.1B	1.2B	1.2B	1.2B	1.2B	1.2B
Liabilities And Stockholders Equity	804.8M	984.1M	760.1M	724.9M	664.3M	581.2M
Non Current Liabilities Total	52.9M	141.4M	120.2M	109.9M	57.6M	77.4M
Inventory	39.8M	26.5M	31.5M	105.4M	56.3M	48.8M
Other Stockholder Equity	18.6M	19.3M	18.9M	19.2M	17.3M	18.2M
Total Liab	134.1M	264.4M	227.0M	185.7M	118.1M	148.3M
Property Plant And Equipment Gross	290.4M	2.2B	2.4B	2.3B	2.2B	2.3B
Total Current Assets	486.7M	411.8M	178.4M	283.1M	529.9M	556.4M
Accumulated Other Comprehensive Income	982.9M	948.9M	925.0M	925.2M	925.7M	972.0M
Short Term Debt	6.8M	11.6M	8.2M	11.2M	9.1M	8.7M
Common Stock	602.0M	620.9M	632.4M	633.1M	728.1M	764.5M
Short Term Investments	311.6M	256.3M	48.0M	107.4M	426.8M	448.1M
Other Current Assets	4.5M	21.2M	19.6M	8.4M	5.7M	5.4M
Property Plant Equipment	290.4M	485.4M	438.9M	337.7M	388.4M	425.8M
Other Assets	27.7M	1.0M	73.0M	56.1M	64.5M	67.7M
Other Liab	47.6M	49.0M	46.6M	50.0M	57.5M	37.0M
Net Tangible Assets	670.7M	719.7M	533.1M	539.2M	485.3M	476.1M
Long Term Debt Total	5.4M	6.5M	3.7M	11.9M	13.6M	14.3M
Net Invested Capital	670.7M	719.7M	533.1M	539.2M	546.2M	624.2M
Net Working Capital	405.6M	288.8M	71.5M	207.3M	469.4M	269.8M

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