Mirrabooka Short Term Investments vs Inventory Analysis

MIR Stock

3.42 0.03 0.87%

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 Short Term Investments and its Inventory 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.

Short Term Investments vs Inventory

Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mirrabooka Investments Short Term Investments account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Mirrabooka Investments' Short Term Investments and Inventory is -0.56. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Inventory 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' Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Mirrabooka Investments are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Investments i.e., Mirrabooka Investments' Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Mirrabooka Investments balance sheet. It contains any investments Mirrabooka Investments undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mirrabooka Investments can easily liquidate in the marketplace.

Inventory

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.

At this time, Mirrabooka Investments' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.2 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 44.5 M in 2025.

Mirrabooka Investments fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Other Stockholder Equity	Non Current Liabilities Total	Short Term Investments	Inventory	Other Current Assets	Net Tangible Assets
Total Assets		0.69	0.81	1.0	0.75	0.92	-0.1	-0.73	1.0	-0.39	-0.4	-0.63	-0.14	0.66	0.79	0.96	-0.49	0.78	-0.62	0.68	-0.77	0.91	0.35	-0.48	0.52	0.84
Other Current Liab	0.69		0.52	0.69	0.67	0.82	-0.52	-0.65	0.72	-0.72	-0.23	-0.7	-0.15	0.17	0.42	0.63	-0.5	0.38	-0.78	0.18	-0.51	0.92	0.06	0.01	0.07	0.48
Total Current Liabilities	0.81	0.52		0.82	0.52	0.8	0.07	-0.51	0.8	-0.04	-0.46	-0.38	-0.1	0.51	0.66	0.74	-0.26	0.74	-0.48	0.53	-0.8	0.69	0.49	-0.54	0.61	0.82
Total Stockholder Equity	1.0	0.69	0.82		0.75	0.93	-0.08	-0.74	1.0	-0.4	-0.4	-0.63	-0.13	0.66	0.8	0.95	-0.49	0.79	-0.63	0.66	-0.77	0.9	0.36	-0.5	0.53	0.84
Net Debt	0.75	0.67	0.52	0.75		0.79	-0.03	-1.0	0.78	-0.58	-0.16	-0.97	-0.07	0.52	0.66	0.66	-0.91	0.58	-0.55	0.28	-0.56	0.77	-0.01	-0.14	0.14	0.48
Retained Earnings	0.92	0.82	0.8	0.93	0.79		-0.12	-0.78	0.93	-0.48	-0.35	-0.69	-0.11	0.48	0.73	0.82	-0.52	0.72	-0.71	0.4	-0.82	0.93	0.35	-0.46	0.51	0.76
Accounts Payable	-0.1	-0.52	0.07	-0.08	-0.03	-0.12		0.01	-0.11	0.28	-0.17	0.13	0.03	0.09	0.06	-0.19	0.04	0.13	0.28	-0.06	-0.02	-0.35	0.31	-0.31	0.33	-0.02
Cash	-0.73	-0.65	-0.51	-0.74	-1.0	-0.78	0.01		-0.77	0.57	0.15	0.97	0.06	-0.52	-0.65	-0.65	0.91	-0.57	0.52	-0.28	0.55	-0.75	0.01	0.14	-0.13	-0.47
Non Current Assets Total	1.0	0.72	0.8	1.0	0.78	0.93	-0.11	-0.77		-0.45	-0.38	-0.68	-0.14	0.65	0.79	0.95	-0.54	0.77	-0.64	0.65	-0.75	0.93	0.32	-0.44	0.48	0.82
Non Currrent Assets Other	-0.39	-0.72	-0.04	-0.4	-0.58	-0.48	0.28	0.57	-0.45		0.0	0.65	-0.05	-0.1	-0.26	-0.34	0.54	-0.16	0.5	0.07	0.02	-0.61	-0.04	-0.33	0.19	-0.09
Other Assets	-0.4	-0.23	-0.46	-0.4	-0.16	-0.35	-0.17	0.15	-0.38	0.0		0.07	0.5	-0.38	-0.34	-0.34	0.04	-0.41	0.21	-0.59	0.36	-0.35	-0.15	0.38	-0.37	-0.47
Cash And Short Term Investments	-0.63	-0.7	-0.38	-0.63	-0.97	-0.69	0.13	0.97	-0.68	0.65	0.07		0.06	-0.39	-0.52	-0.56	0.94	-0.42	0.54	-0.19	0.43	-0.73	0.18	-0.08	0.1	-0.34
Net Receivables	-0.14	-0.15	-0.1	-0.13	-0.07	-0.11	0.03	0.06	-0.14	-0.05	0.5	0.06		-0.09	-0.08	-0.23	0.14	-0.09	0.05	-0.36	0.09	-0.23	0.06	0.09	-0.04	-0.19
Common Stock Total Equity	0.66	0.17	0.51	0.66	0.52	0.48	0.09	-0.52	0.65	-0.1	-0.38	-0.39	-0.09		0.91	0.63	-0.5	0.87	0.02	0.65	-0.45	0.43	0.19	-0.48	0.44	0.68
Common Stock Shares Outstanding	0.79	0.42	0.66	0.8	0.66	0.73	0.06	-0.65	0.79	-0.26	-0.34	-0.52	-0.08	0.91		0.72	-0.57	0.97	-0.17	0.53	-0.66	0.63	0.36	-0.56	0.58	0.81
Total Liab	0.96	0.63	0.74	0.95	0.66	0.82	-0.19	-0.65	0.95	-0.34	-0.34	-0.56	-0.23	0.63	0.72		-0.46	0.7	-0.55	0.78	-0.68	0.88	0.29	-0.36	0.41	0.82
Total Current Assets	-0.49	-0.5	-0.26	-0.49	-0.91	-0.52	0.04	0.91	-0.54	0.54	0.04	0.94	0.14	-0.5	-0.57	-0.46		-0.47	0.25	-0.18	0.35	-0.57	0.24	-0.11	0.14	-0.31
Common Stock	0.78	0.38	0.74	0.79	0.58	0.72	0.13	-0.57	0.77	-0.16	-0.41	-0.42	-0.09	0.87	0.97	0.7	-0.47		-0.12	0.55	-0.74	0.6	0.44	-0.63	0.65	0.89
Short Long Term Debt Total	-0.62	-0.78	-0.48	-0.63	-0.55	-0.71	0.28	0.52	-0.64	0.5	0.21	0.54	0.05	0.02	-0.17	-0.55	0.25	-0.12		-0.18	0.39	-0.75	-0.06	0.03	-0.09	-0.3
Other Liab	0.68	0.18	0.53	0.66	0.28	0.4	-0.06	-0.28	0.65	0.07	-0.59	-0.19	-0.36	0.65	0.53	0.78	-0.18	0.55	-0.18		-0.47	0.51	0.13	-0.35	0.32	0.71
Other Stockholder Equity	-0.77	-0.51	-0.8	-0.77	-0.56	-0.82	-0.02	0.55	-0.75	0.02	0.36	0.43	0.09	-0.45	-0.66	-0.68	0.35	-0.74	0.39	-0.47		-0.67	-0.26	0.65	-0.6	-0.84
Non Current Liabilities Total	0.91	0.92	0.69	0.9	0.77	0.93	-0.35	-0.75	0.93	-0.61	-0.35	-0.73	-0.23	0.43	0.63	0.88	-0.57	0.6	-0.75	0.51	-0.67		0.19	-0.2	0.26	0.71
Short Term Investments	0.35	0.06	0.49	0.36	-0.01	0.35	0.31	0.01	0.32	-0.04	-0.15	0.18	0.06	0.19	0.36	0.29	0.24	0.44	-0.06	0.13	-0.26	0.19		-0.56	0.81	0.47
Inventory	-0.48	0.01	-0.54	-0.5	-0.14	-0.46	-0.31	0.14	-0.44	-0.33	0.38	-0.08	0.09	-0.48	-0.56	-0.36	-0.11	-0.63	0.03	-0.35	0.65	-0.2	-0.56		-0.94	-0.59
Other Current Assets	0.52	0.07	0.61	0.53	0.14	0.51	0.33	-0.13	0.48	0.19	-0.37	0.1	-0.04	0.44	0.58	0.41	0.14	0.65	-0.09	0.32	-0.6	0.26	0.81	-0.94		0.65
Net Tangible Assets	0.84	0.48	0.82	0.84	0.48	0.76	-0.02	-0.47	0.82	-0.09	-0.47	-0.34	-0.19	0.68	0.81	0.82	-0.31	0.89	-0.3	0.71	-0.84	0.71	0.47	-0.59	0.65

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Mirrabooka Investments Account Relationship Matchups

Mirrabooka Investments fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	618.4M	513.4M	567.9M	626.4M	720.3M	756.3M
Other Current Liab	(181K)	(2.2M)	(2.6M)	11.5M	13.3M	13.9M
Total Current Liabilities	10.7M	16.1M	10.1M	11.5M	13.3M	13.9M
Total Stockholder Equity	517.8M	460.2M	504.4M	547.8M	629.9M	661.4M
Net Debt	(27.8M)	(27.4M)	(23.3M)	(8.4M)	(7.5M)	(7.9M)
Retained Earnings	26.3M	33.0M	44.3M	55.0M	63.3M	66.4M
Accounts Payable	181K	2.2M	2.6M	13K	15.0K	14.2K
Cash	27.8M	27.4M	23.3M	8.4M	9.6M	9.2M
Non Current Assets Total	575.6M	470.6M	525.7M	626.2M	720.1M	756.1M
Non Currrent Assets Other	(14.7M)	(12.6M)	(18.4M)	(617.3M)	(555.5M)	(527.8M)
Other Assets	11.0M	7.1M	8M	(12.2M)	(14.0M)	(13.3M)
Cash And Short Term Investments	31.5M	32.9M	33.8M	8.4M	9.6M	9.2M
Net Receivables	362K	2.8M	470K	714K	642.6K	1.2M
Common Stock Shares Outstanding	166.7M	178.9M	191.1M	192.9M	221.8M	147.0M
Liabilities And Stockholders Equity	618.4M	513.4M	567.9M	626.4M	720.3M	756.3M
Total Liab	100.7M	53.2M	63.5M	78.6M	90.4M	94.9M
Total Current Assets	31.8M	35.7M	34.2M	12.4M	14.3M	26.6M
Common Stock	250.9M	296.3M	300.1M	304.9M	350.6M	178.5M
Other Liab	39.4M	42.3M	90.0M	37.1M	42.6M	44.8M
Other Stockholder Equity	(265.1M)	(326.2M)	(394.3M)	(404.1M)	(363.7M)	(345.5M)
Accumulated Other Comprehensive Income	240.6M	130.9M	160.0M	187.8M	216.0M	226.8M
Non Current Liabilities Total	90.0M	37.1M	53.4M	134.1M	154.2M	161.9M
Short Term Investments	3.7M	5.5M	10.4M	3.3M	3.8M	2.1M
Other Current Assets	3.7M	5.5M	10.4M	3.3M	3.8M	3.1M
Net Tangible Assets	345.0M	349.1M	517.8M	460.2M	529.3M	404.0M
Long Term Investments	590.2M	483.1M	544.1M	617.3M	709.8M	467.6M
Capital Stock	250.9M	296.3M	300.1M	304.9M	350.6M	287.5M

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