Mirrabooka Non Currrent Assets Other vs Other Current Assets Analysis

MIR Stock   3.34  0.02  0.60%   
Mirrabooka Investments financial indicator trend analysis is infinitely more than just investigating Mirrabooka Investments recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mirrabooka Investments is a good investment. Please check the relationship between Mirrabooka Investments Non Currrent Assets Other and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirrabooka Investments. 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 Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mirrabooka Investments Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mirrabooka Investments' Non Currrent Assets Other and Other Current Assets is 0.24. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Mirrabooka Investments, assuming nothing else is changed. The correlation between historical values of Mirrabooka Investments' Non Currrent Assets Other and Other 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 Non Currrent Assets Other of Mirrabooka Investments are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Mirrabooka Investments' Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Mirrabooka Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mirrabooka Investments 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 Mirrabooka Investments. 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 3.5 M in 2024, whereas Tax Provision is likely to drop slightly above 963.6 K in 2024.

Mirrabooka Investments fundamental ratios Correlations

0.170.651.00.480.640.15-0.470.82-0.01-0.31-0.3-0.110.90.940.83-0.30.94-0.090.75-0.630.910.39-0.590.580.87
0.170.380.170.580.72-0.52-0.590.58-0.69-0.17-0.64-0.080.10.180.48-0.60.16-0.930.18-0.410.240.00.00.00.41
0.650.380.660.420.770.17-0.420.750.1-0.44-0.27-0.060.50.640.69-0.250.74-0.440.55-0.770.530.49-0.60.630.81
1.00.170.660.490.660.18-0.480.82-0.01-0.33-0.31-0.090.910.950.81-0.310.96-0.10.72-0.640.890.4-0.620.60.87
0.480.580.420.490.740.07-1.00.72-0.52-0.1-0.96-0.010.50.580.57-0.960.48-0.620.29-0.490.44-0.06-0.170.10.42
0.640.720.770.660.740.01-0.740.9-0.37-0.32-0.62-0.050.490.690.76-0.590.7-0.760.44-0.820.550.36-0.580.560.77
0.15-0.520.170.180.070.01-0.060.00.23-0.210.07-0.010.130.22-0.10.040.290.31-0.06-0.1-0.090.34-0.310.360.04
-0.47-0.59-0.42-0.48-1.0-0.74-0.06-0.730.520.110.970.01-0.49-0.57-0.570.96-0.470.63-0.290.49-0.430.060.17-0.1-0.42
0.820.580.750.820.720.90.0-0.73-0.33-0.36-0.6-0.090.690.80.94-0.580.78-0.610.73-0.730.80.33-0.530.510.83
-0.01-0.690.1-0.01-0.52-0.370.230.52-0.33-0.050.61-0.12-0.03-0.05-0.220.570.060.660.07-0.11-0.030.01-0.330.24-0.01
-0.31-0.17-0.44-0.33-0.1-0.32-0.210.11-0.36-0.050.020.48-0.36-0.31-0.30.04-0.390.22-0.590.33-0.28-0.140.39-0.36-0.45
-0.3-0.64-0.27-0.31-0.96-0.620.070.97-0.60.610.020.0-0.35-0.39-0.470.99-0.280.65-0.190.35-0.320.24-0.080.15-0.27
-0.11-0.08-0.06-0.09-0.01-0.05-0.010.01-0.09-0.120.480.0-0.060.01-0.20.07-0.010.06-0.360.05-0.270.080.09-0.03-0.16
0.90.10.50.910.50.490.13-0.490.69-0.03-0.36-0.35-0.060.940.65-0.360.880.00.66-0.420.770.16-0.490.420.66
0.940.180.640.950.580.690.22-0.570.8-0.05-0.31-0.390.010.940.71-0.380.97-0.130.59-0.610.760.36-0.670.630.76
0.830.480.690.810.570.76-0.1-0.570.94-0.22-0.3-0.47-0.20.650.71-0.460.69-0.490.84-0.640.90.29-0.410.410.81
-0.3-0.6-0.25-0.31-0.96-0.590.040.96-0.580.570.040.990.07-0.36-0.38-0.46-0.270.61-0.220.33-0.330.27-0.080.17-0.26
0.940.160.740.960.480.70.29-0.470.780.06-0.39-0.28-0.010.880.970.69-0.27-0.110.6-0.710.750.44-0.730.70.86
-0.09-0.93-0.44-0.1-0.62-0.760.310.63-0.610.660.220.650.060.0-0.13-0.490.61-0.11-0.180.45-0.14-0.060.08-0.08-0.34
0.750.180.550.720.290.44-0.06-0.290.730.07-0.59-0.19-0.360.660.590.84-0.220.6-0.18-0.480.870.12-0.360.320.72
-0.63-0.41-0.77-0.64-0.49-0.82-0.10.49-0.73-0.110.330.350.05-0.42-0.61-0.640.33-0.710.45-0.48-0.54-0.240.7-0.6-0.83
0.910.240.530.890.440.55-0.09-0.430.8-0.03-0.28-0.32-0.270.770.760.9-0.330.75-0.140.87-0.540.22-0.40.380.82
0.390.00.490.4-0.060.360.340.060.330.01-0.140.240.080.160.360.290.270.44-0.060.12-0.240.22-0.560.80.45
-0.590.0-0.6-0.62-0.17-0.58-0.310.17-0.53-0.330.39-0.080.09-0.49-0.67-0.41-0.08-0.730.08-0.360.7-0.4-0.56-0.94-0.62
0.580.00.630.60.10.560.36-0.10.510.24-0.360.15-0.030.420.630.410.170.7-0.080.32-0.60.380.8-0.940.63
0.870.410.810.870.420.770.04-0.420.83-0.01-0.45-0.27-0.160.660.760.81-0.260.86-0.340.72-0.830.820.45-0.620.63
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Mirrabooka Investments Account Relationship Matchups

Mirrabooka Investments fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets393.2M618.4M513.4M567.9M626.4M333.6M
Other Current Liab(268K)(181K)(2.2M)(2.6M)11.5M12.1M
Total Current Liabilities1.8M10.7M16.1M10.1M11.5M12.1M
Total Stockholder Equity349.1M517.8M460.2M504.4M547.8M296.7M
Net Debt(20.2M)(27.8M)(27.4M)(23.3M)(8.4M)(8.8M)
Retained Earnings19.8M26.3M33.0M44.3M55.0M57.8M
Accounts Payable268K181K2.2M2.6M13K12.4K
Cash20.2M27.8M27.4M23.3M8.4M8.0M
Non Current Assets Total362.5M575.6M470.6M525.7M626.2M657.5M
Non Currrent Assets Other(9.9M)(14.7M)(12.6M)(18.4M)(617.3M)(586.4M)
Other Assets9.9M11.0M7.1M8M(12.2M)(11.6M)
Cash And Short Term Investments20.2M31.5M32.9M33.8M8.4M8.0M
Net Receivables620K362K2.8M470K714K1.2M
Common Stock Shares Outstanding161.3M166.7M178.9M191.1M192.9M147.0M
Liabilities And Stockholders Equity393.2M618.4M513.4M567.9M626.4M333.6M
Total Liab44.1M100.7M53.2M63.5M78.6M82.5M
Total Current Assets20.8M31.8M35.7M34.2M12.4M11.8M
Common Stock209.5M250.9M296.3M300.1M304.9M178.5M
Other Liab39.4M42.3M90.0M37.1M42.6M44.8M
Other Stockholder Equity(265.1M)(326.2M)(394.3M)(404.1M)(363.7M)(345.5M)
Accumulated Other Comprehensive Income119.8M240.6M130.9M160.0M187.8M106.8M
Non Current Liabilities Total42.3M90.0M37.1M53.4M67.1M37.4M
Short Term Investments(9.9M)3.7M5.5M10.4M3.3M2.1M
Net Tangible Assets345.0M349.1M517.8M460.2M529.3M404.0M
Long Term Investments372.4M590.2M483.1M544.1M617.3M467.6M
Capital Stock209.5M250.9M296.3M300.1M304.9M287.5M

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