| MMG Stock | | | CAD 0.16 0.01 6.67% |
Metallic Minerals financial indicator trend analysis is infinitely more than just investigating Metallic Minerals Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metallic Minerals Corp is a good investment. Please check the relationship between Metallic Minerals Cash And Short Term Investments and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metallic Minerals 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.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Metallic Minerals Corp Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Metallic Minerals' Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Metallic Minerals Corp, assuming nothing else is changed. The correlation between historical values of Metallic Minerals' Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Metallic Minerals Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Metallic Minerals' Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Metallic Minerals Corp balance sheet. This account contains Metallic Minerals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Metallic Minerals Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Cash
Cash refers to the most liquid asset of Metallic Minerals Corp, which is listed under current asset account on Metallic Minerals Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Metallic Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Metallic Minerals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Metallic Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metallic Minerals 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 Metallic Minerals 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, Metallic Minerals'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 45.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 5.3
M in 2024.
Metallic Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Metallic Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metallic Minerals fundamental ratios Accounts
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Additional Tools for Metallic Stock Analysis
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