Metallic Pocfratio vs Roic Analysis

MMG Stock

CAD 0.14 0.02 12.50%

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 Pocfratio and its Roic 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.

Pocfratio vs Roic

Pocfratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metallic Minerals Corp Pocfratio account and Roic. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Metallic Minerals' Pocfratio and Roic is -0.26. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Roic 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' Pocfratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Metallic Minerals Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Pocfratio i.e., Metallic Minerals' Pocfratio and Roic go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Pocfratio

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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.

	2020	2021	2023	2024 (projected)
Interest Income	17.2K	15.3K	17.5K	22.2K
Net Interest Income	17.2K	15.3K	17.5K	22.2K

Interest Income Net Interest Income

Metallic Minerals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Net Tangible Assets	Current Deferred Revenue	Common Stock	Property Plant Equipment	Other Current Assets
Total Assets		-0.14	0.7	0.13	1.0	0.8	-0.92	-0.86	0.95	0.89	0.81	0.95	0.9	0.91	0.86	0.52	-0.28	0.14	0.95	-0.14	0.0	0.93	-0.53	0.95	0.94	-0.26
Short Long Term Debt Total	-0.14		-0.16	0.47	-0.18	-0.08	0.22	0.0	-0.14	-0.12	-0.18	-0.14	-0.11	0.06	0.26	-0.13	-0.3	0.48	-0.14	1.0	-0.18	-0.12	-0.17	-0.07	-0.02	-0.32
Other Current Liab	0.7	-0.16		0.25	0.68	0.37	-0.65	-0.58	0.72	0.53	0.83	0.72	0.72	0.62	0.56	0.22	0.13	0.23	0.72	-0.16	0.02	0.62	-0.28	0.69	0.63	-0.21
Total Current Liabilities	0.13	0.47	0.25		0.06	0.06	-0.1	-0.24	0.15	0.1	0.11	0.15	0.06	0.25	0.25	-0.23	-0.32	0.99	0.13	0.47	0.6	0.1	-0.35	0.18	0.2	-0.61
Total Stockholder Equity	1.0	-0.18	0.68	0.06		0.8	-0.91	-0.85	0.94	0.89	0.81	0.94	0.9	0.9	0.85	0.54	-0.26	0.07	0.94	-0.18	-0.04	0.93	-0.51	0.94	0.93	-0.22
Property Plant And Equipment Net	0.8	-0.08	0.37	0.06	0.8		-0.58	-0.51	0.58	0.97	0.45	0.58	0.53	0.56	0.59	0.39	-0.2	0.07	0.57	-0.08	0.06	0.59	-0.19	0.6	0.61	-0.06
Net Debt	-0.92	0.22	-0.65	-0.1	-0.91	-0.58		0.95	-0.98	-0.66	-0.74	-0.98	-0.87	-0.93	-0.85	-0.5	0.25	-0.11	-0.97	0.22	0.02	-0.98	0.69	-0.95	-0.96	0.25
Retained Earnings	-0.86	0.0	-0.58	-0.24	-0.85	-0.51	0.95		-0.94	-0.59	-0.69	-0.94	-0.84	-0.97	-0.91	-0.4	0.42	-0.25	-0.94	0.0	0.05	-0.96	0.77	-0.96	-0.97	0.43
Cash	0.95	-0.14	0.72	0.15	0.94	0.58	-0.98	-0.94		0.7	0.82	1.0	0.92	0.96	0.89	0.5	-0.28	0.16	1.0	-0.14	-0.04	0.98	-0.67	0.99	0.98	-0.31
Non Current Assets Total	0.89	-0.12	0.53	0.1	0.89	0.97	-0.66	-0.59	0.7		0.64	0.7	0.68	0.66	0.66	0.45	-0.24	0.11	0.69	-0.12	0.08	0.68	-0.23	0.72	0.71	-0.16
Non Currrent Assets Other	0.81	-0.18	0.83	0.11	0.81	0.45	-0.74	-0.69	0.82	0.64		0.82	0.9	0.75	0.63	0.39	-0.21	0.1	0.82	-0.18	-0.01	0.72	-0.39	0.82	0.75	-0.46
Cash And Short Term Investments	0.95	-0.14	0.72	0.15	0.94	0.58	-0.98	-0.94	1.0	0.7	0.82		0.92	0.96	0.89	0.5	-0.28	0.16	1.0	-0.14	-0.04	0.98	-0.67	0.99	0.98	-0.31
Net Receivables	0.9	-0.11	0.72	0.06	0.9	0.53	-0.87	-0.84	0.92	0.68	0.9	0.92		0.9	0.82	0.46	-0.35	0.06	0.93	-0.11	-0.11	0.89	-0.56	0.93	0.89	-0.32
Common Stock Shares Outstanding	0.91	0.06	0.62	0.25	0.9	0.56	-0.93	-0.97	0.96	0.66	0.75	0.96	0.9		0.94	0.44	-0.44	0.26	0.96	0.06	-0.06	0.97	-0.78	0.98	0.99	-0.45
Short Term Investments	0.86	0.26	0.56	0.25	0.85	0.59	-0.85	-0.91	0.89	0.66	0.63	0.89	0.82	0.94		0.48	-0.4	0.27	0.89	0.26	-0.17	0.91	-0.63	0.91	0.94	-0.28
Non Current Liabilities Total	0.52	-0.13	0.22	-0.23	0.54	0.39	-0.5	-0.4	0.5	0.45	0.39	0.5	0.46	0.44	0.48		-0.4	-0.14	0.5	-0.13	0.02	0.51	-0.12	0.49	0.5	0.09
Other Stockholder Equity	-0.28	-0.3	0.13	-0.32	-0.26	-0.2	0.25	0.42	-0.28	-0.24	-0.21	-0.28	-0.35	-0.44	-0.4	-0.4		-0.36	-0.28	-0.3	-0.28	-0.32	0.38	-0.38	-0.4	0.59
Total Liab	0.14	0.48	0.23	0.99	0.07	0.07	-0.11	-0.25	0.16	0.11	0.1	0.16	0.06	0.26	0.27	-0.14	-0.36		0.14	0.48	0.62	0.11	-0.35	0.19	0.21	-0.59
Total Current Assets	0.95	-0.14	0.72	0.13	0.94	0.57	-0.97	-0.94	1.0	0.69	0.82	1.0	0.93	0.96	0.89	0.5	-0.28	0.14		-0.14	-0.05	0.98	-0.67	0.99	0.98	-0.3
Short Term Debt	-0.14	1.0	-0.16	0.47	-0.18	-0.08	0.22	0.0	-0.14	-0.12	-0.18	-0.14	-0.11	0.06	0.26	-0.13	-0.3	0.48	-0.14		-0.18	-0.12	-0.17	-0.07	-0.02	-0.32
Accounts Payable	0.0	-0.18	0.02	0.6	-0.04	0.06	0.02	0.05	-0.04	0.08	-0.01	-0.04	-0.11	-0.06	-0.17	0.02	-0.28	0.62	-0.05	-0.18		-0.09	-0.01	-0.05	-0.05	-0.28
Net Tangible Assets	0.93	-0.12	0.62	0.1	0.93	0.59	-0.98	-0.96	0.98	0.68	0.72	0.98	0.89	0.97	0.91	0.51	-0.32	0.11	0.98	-0.12	-0.09		-0.71	0.98	0.99	-0.26
Current Deferred Revenue	-0.53	-0.17	-0.28	-0.35	-0.51	-0.19	0.69	0.77	-0.67	-0.23	-0.39	-0.67	-0.56	-0.78	-0.63	-0.12	0.38	-0.35	-0.67	-0.17	-0.01	-0.71		-0.67	-0.7	0.55
Common Stock	0.95	-0.07	0.69	0.18	0.94	0.6	-0.95	-0.96	0.99	0.72	0.82	0.99	0.93	0.98	0.91	0.49	-0.38	0.19	0.99	-0.07	-0.05	0.98	-0.67		0.99	-0.39
Property Plant Equipment	0.94	-0.02	0.63	0.2	0.93	0.61	-0.96	-0.97	0.98	0.71	0.75	0.98	0.89	0.99	0.94	0.5	-0.4	0.21	0.98	-0.02	-0.05	0.99	-0.7	0.99		-0.36
Other Current Assets	-0.26	-0.32	-0.21	-0.61	-0.22	-0.06	0.25	0.43	-0.31	-0.16	-0.46	-0.31	-0.32	-0.45	-0.28	0.09	0.59	-0.59	-0.3	-0.32	-0.28	-0.26	0.55	-0.39	-0.36

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Metallic Minerals Account Relationship Matchups

Metallic Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4M	8.4M	9.1M	11.4M	13.1M	13.8M
Other Current Liab	214.5K	193.6K	232.2K	646.5K	743.5K	780.6K
Total Current Liabilities	1.2M	193.6K	634.7K	646.5K	743.5K	565.6K
Total Stockholder Equity	2.3M	8.1M	8.4M	10.7M	12.4M	13.0M
Property Plant And Equipment Net	984.6K	1.9M	3.3M	4.1M	3.7M	3.9M
Net Debt	(503.8K)	(4.0M)	(4.6M)	(5.7M)	(5.1M)	(4.8M)
Retained Earnings	(18.6M)	(26.0M)	(32.6M)	(36.9M)	(33.2M)	(31.6M)
Cash	1.3M	4.0M	4.6M	5.7M	6.5M	6.8M
Non Current Assets Total	1.9M	3.3M	4.2M	4.7M	5.5M	5.7M
Cash And Short Term Investments	1.3M	4.0M	4.6M	5.7M	6.5M	6.8M
Net Receivables	182.0K	676.5K	154.6K	899.3K	1.0M	1.1M
Common Stock Shares Outstanding	96.0M	124.0M	137.5M	153.8M	176.8M	185.7M
Liabilities And Stockholders Equity	3.4M	8.4M	9.1M	11.4M	13.1M	13.8M
Other Stockholder Equity	1.4M	1.9M	3.2M	3.4M	3.1M	3.7M
Total Liab	1.2M	253.6K	694.7K	646.5K	743.5K	584.6K
Total Current Assets	1.5M	5.1M	4.9M	6.7M	7.7M	8.0M
Accounts Payable	153.9K	165.0K	178.6K	402.5K	362.2K	275.4K
Accumulated Other Comprehensive Income	1.9M	3.2M	3.4M	3.9M	4.5M	4.7M
Net Tangible Assets	1.9M	2.3M	8.1M	8.4M	9.7M	10.2M
Common Stock	18.9M	30.9M	37.6M	43.8M	50.3M	52.8M
Property Plant Equipment	984.6K	1.9M	3.3M	4.1M	4.8M	5.0M
Other Current Assets	54.7K	377.2K	182.3K	86.8K	78.1K	132.9K
Net Invested Capital	2.0M	3.0M	8.1M	8.4M	9.7M	10.2M
Net Working Capital	925.4K	361.0K	4.9M	4.3M	4.9M	5.2M
Capital Stock	16.1M	18.9M	30.9M	37.6M	43.2M	25.7M

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