Mako Non Current Liabilities Total vs Net Invested Capital Analysis

MKO Stock  CAD 3.04  0.11  3.49%   
Mako Mining financial indicator trend analysis is infinitely more than just investigating Mako Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mako Mining Corp is a good investment. Please check the relationship between Mako Mining Non Current Liabilities Total and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako Mining Corp. 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 Net Invested Capital

Non Current Liabilities Total vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mako Mining Corp Non Current Liabilities Total account and Net Invested Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mako Mining's Non Current Liabilities Total and Net Invested Capital is 0.27. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Mako Mining Corp, assuming nothing else is changed. The correlation between historical values of Mako Mining's Non Current Liabilities Total and Net Invested Capital 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 Mako Mining Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Current Liabilities Total i.e., Mako Mining's Non Current Liabilities Total and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Mako Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mako Mining Corp 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 Mako Mining Corp. 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, Mako Mining's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 2.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.1 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses31.7M68.9M53.6M56.3M
Depreciation And Amortization5.6M20.5M13.5M14.2M

Mako Mining fundamental ratios Correlations

0.50.40.890.79-0.750.310.380.92-0.420.380.150.660.820.560.680.730.360.710.290.860.51-0.170.35-0.710.27
0.5-0.510.190.46-0.760.940.50.21-0.690.50.820.410.570.450.510.860.70.480.80.680.43-0.64-0.05-0.66-0.59
0.4-0.510.590.060.16-0.58-0.040.60.51-0.04-0.640.110.01-0.020.2-0.28-0.350.02-0.420.010.210.460.31-0.050.66
0.890.190.590.69-0.5-0.060.271.0-0.190.27-0.140.520.670.290.430.5-0.030.540.160.620.3-0.020.28-0.490.52
0.790.460.060.69-0.870.290.10.71-0.740.10.080.730.980.790.640.820.460.920.150.910.18-0.150.46-0.580.39
-0.75-0.760.16-0.5-0.87-0.64-0.35-0.530.81-0.35-0.44-0.78-0.93-0.8-0.72-0.96-0.77-0.93-0.42-0.95-0.40.41-0.320.760.05
0.310.94-0.58-0.060.29-0.640.37-0.05-0.590.370.870.220.40.480.480.720.770.340.660.540.43-0.59-0.1-0.56-0.73
0.380.5-0.040.270.1-0.350.370.27-0.251.00.450.470.26-0.010.090.440.390.20.560.280.61-0.29-0.1-0.58-0.33
0.920.210.61.00.71-0.53-0.050.27-0.210.27-0.140.560.690.330.480.510.010.580.150.660.32-0.020.32-0.510.53
-0.42-0.690.51-0.19-0.740.81-0.59-0.25-0.21-0.25-0.46-0.6-0.78-0.65-0.4-0.84-0.65-0.76-0.38-0.77-0.240.4-0.20.60.11
0.380.5-0.040.270.1-0.350.371.00.27-0.250.450.470.26-0.010.090.440.390.20.560.280.61-0.29-0.1-0.58-0.33
0.150.82-0.64-0.140.08-0.440.870.45-0.14-0.460.450.130.210.180.040.590.640.150.550.280.41-0.73-0.48-0.44-0.83
0.660.410.110.520.73-0.780.220.470.56-0.60.470.130.790.530.50.710.580.840.240.750.38-0.360.23-0.680.19
0.820.570.010.670.98-0.930.40.260.69-0.780.260.210.790.790.660.90.560.950.250.950.29-0.230.41-0.670.27
0.560.45-0.020.290.79-0.80.48-0.010.33-0.65-0.010.180.530.790.760.680.750.82-0.040.80.34-0.070.49-0.570.15
0.680.510.20.430.64-0.720.480.090.48-0.40.090.040.50.660.760.590.530.660.310.80.32-0.010.65-0.560.1
0.730.86-0.280.50.82-0.960.720.440.51-0.840.440.590.710.90.680.590.720.830.550.90.41-0.530.15-0.76-0.17
0.360.7-0.35-0.030.46-0.770.770.390.01-0.650.390.640.580.560.750.530.720.660.260.630.54-0.470.07-0.68-0.44
0.710.480.020.540.92-0.930.340.20.58-0.760.20.150.840.950.820.660.830.660.140.910.29-0.210.46-0.660.25
0.290.8-0.420.160.15-0.420.660.560.15-0.380.560.550.240.25-0.040.310.550.260.140.350.2-0.55-0.13-0.43-0.55
0.860.680.010.620.91-0.950.540.280.66-0.770.280.280.750.950.80.80.90.630.910.350.41-0.260.47-0.740.13
0.510.430.210.30.18-0.40.430.610.32-0.240.610.410.380.290.340.320.410.540.290.20.41-0.34-0.1-0.74-0.26
-0.17-0.640.46-0.02-0.150.41-0.59-0.29-0.020.4-0.29-0.73-0.36-0.23-0.07-0.01-0.53-0.47-0.21-0.55-0.26-0.340.680.50.6
0.35-0.050.310.280.46-0.32-0.1-0.10.32-0.2-0.1-0.480.230.410.490.650.150.070.46-0.130.47-0.10.68-0.040.54
-0.71-0.66-0.05-0.49-0.580.76-0.56-0.58-0.510.6-0.58-0.44-0.68-0.67-0.57-0.56-0.76-0.68-0.66-0.43-0.74-0.740.5-0.040.16
0.27-0.590.660.520.390.05-0.73-0.330.530.11-0.33-0.830.190.270.150.1-0.17-0.440.25-0.550.13-0.260.60.540.16
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Mako Mining Account Relationship Matchups

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