Minco Long Term Investments vs Net Receivables Analysis

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Minco Capital financial indicator trend analysis is infinitely more than just investigating Minco Capital Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minco Capital Corp is a good investment. Please check the relationship between Minco Capital Long Term Investments and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minco Capital 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.

Long Term Investments vs Net Receivables

Long Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minco Capital Corp Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Minco Capital's Long Term Investments and Net Receivables is 0.9. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Minco Capital Corp, assuming nothing else is changed. The correlation between historical values of Minco Capital's Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Minco Capital Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Minco Capital's Long Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Minco Capital balance sheet that represents investments Minco Capital Corp intends to hold for over a year. Minco Capital Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Receivables

Most indicators from Minco Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minco Capital 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 Minco Capital 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.

Selling General Administrative is likely to drop to about 249.9 K in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	495.5K	3.0M	1.6M	1.4M
Cost Of Revenue	109.2K	95.2K	100.9K	178.2K

Total Operating Expenses Cost Of Revenue

Minco Capital fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Assets	Short Term Investments	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		0.27	0.3	0.59	0.5	0.35	0.55	0.71	0.67	0.58	-0.29	0.28	0.43	0.34	0.67	-0.45	0.57	0.3	0.53	-0.75	0.65	0.85	0.85	0.65	0.04	-0.25
Other Current Liab	0.27		1.0	-0.62	-0.69	-0.77	0.91	-0.12	0.74	0.83	-0.94	1.0	0.92	-0.72	0.43	0.39	0.56	-0.64	0.75	-0.56	0.46	0.62	0.62	0.45	0.15	-0.02
Total Current Liabilities	0.3	1.0		-0.6	-0.67	-0.75	0.92	-0.09	0.76	0.84	-0.94	1.0	0.93	-0.71	0.45	0.37	0.56	-0.64	0.77	-0.58	0.48	0.64	0.64	0.47	0.15	-0.03
Total Stockholder Equity	0.59	-0.62	-0.6		0.98	0.93	-0.31	0.7	-0.06	-0.24	0.58	-0.61	-0.42	0.9	0.23	-0.73	0.0	0.79	-0.2	-0.16	0.19	0.19	0.19	0.2	-0.1	-0.2
Net Tangible Assets	0.5	-0.69	-0.67	0.98		0.93	-0.4	0.61	-0.16	-0.31	0.61	-0.68	-0.5	0.87	0.03	-0.63	-0.06	0.78	-0.27	-0.03	0.0	0.07	0.07	0.01	-0.08	-0.14
Retained Earnings	0.35	-0.77	-0.75	0.93	0.93		-0.53	0.5	-0.31	-0.37	0.76	-0.76	-0.6	0.92	0.03	-0.6	-0.09	0.82	-0.39	0.1	0.0	-0.1	-0.1	0.02	-0.1	-0.08
Accounts Payable	0.55	0.91	0.92	-0.31	-0.4	-0.53		0.21	0.91	0.86	-0.84	0.92	0.96	-0.54	0.59	0.13	0.57	-0.56	0.88	-0.76	0.62	0.8	0.8	0.6	0.15	-0.07
Cash	0.71	-0.12	-0.09	0.7	0.61	0.5	0.21		0.44	0.0	0.19	-0.11	0.02	0.57	0.61	-0.7	0.2	0.35	0.35	-0.56	0.59	0.64	0.64	0.59	0.11	-0.12
Other Assets	0.67	0.74	0.76	-0.06	-0.16	-0.31	0.91	0.44		0.74	-0.67	0.75	0.79	-0.27	0.68	-0.14	0.71	-0.32	0.92	-0.88	0.7	0.86	0.86	0.68	0.24	-0.02
Net Receivables	0.58	0.83	0.84	-0.24	-0.31	-0.37	0.86	0.0	0.74		-0.81	0.84	0.9	-0.46	0.47	0.29	0.71	-0.38	0.74	-0.6	0.5	0.64	0.64	0.48	0.16	-0.02
Other Stockholder Equity	-0.29	-0.94	-0.94	0.58	0.61	0.76	-0.84	0.19	-0.67	-0.81		-0.94	-0.88	0.73	-0.28	-0.46	-0.52	0.59	-0.69	0.47	-0.27	-0.57	-0.57	-0.26	-0.13	0.04
Total Liab	0.28	1.0	1.0	-0.61	-0.68	-0.76	0.92	-0.11	0.75	0.84	-0.94		0.93	-0.73	0.43	0.39	0.56	-0.65	0.77	-0.57	0.46	0.62	0.62	0.45	0.16	-0.01
Long Term Investments	0.43	0.92	0.93	-0.42	-0.5	-0.6	0.96	0.02	0.79	0.9	-0.88	0.93		-0.68	0.46	0.33	0.47	-0.68	0.8	-0.6	0.5	0.66	0.66	0.48	0.16	-0.02
Total Current Assets	0.34	-0.72	-0.71	0.9	0.87	0.92	-0.54	0.57	-0.27	-0.46	0.73	-0.73	-0.68		0.17	-0.76	-0.02	0.94	-0.41	-0.02	0.13	0.01	0.01	0.15	-0.15	-0.19
Common Stock	0.67	0.43	0.45	0.23	0.03	0.03	0.59	0.61	0.68	0.47	-0.28	0.43	0.46	0.17		-0.54	0.45	0.08	0.5	-0.85	0.98	0.81	0.81	0.98	0.05	-0.25
Property Plant Equipment	-0.45	0.39	0.37	-0.73	-0.63	-0.6	0.13	-0.7	-0.14	0.29	-0.46	0.39	0.33	-0.76	-0.54		-0.01	-0.63	0.12	0.42	-0.53	-0.35	-0.35	-0.53	0.35	0.48
Other Current Assets	0.57	0.56	0.56	0.0	-0.06	-0.09	0.57	0.2	0.71	0.71	-0.52	0.56	0.47	-0.02	0.45	-0.01		0.07	0.72	-0.55	0.46	0.6	0.6	0.45	0.14	-0.03
Short Term Investments	0.3	-0.64	-0.64	0.79	0.78	0.82	-0.56	0.35	-0.32	-0.38	0.59	-0.65	-0.68	0.94	0.08	-0.63	0.07		-0.49	0.02	0.04	-0.03	-0.03	0.05	-0.19	-0.22
Non Current Assets Total	0.53	0.75	0.77	-0.2	-0.27	-0.39	0.88	0.35	0.92	0.74	-0.69	0.77	0.8	-0.41	0.5	0.12	0.72	-0.49		-0.64	0.52	0.72	0.72	0.5	0.29	0.1
Non Currrent Assets Other	-0.75	-0.56	-0.58	-0.16	-0.03	0.1	-0.76	-0.56	-0.88	-0.6	0.47	-0.57	-0.6	-0.02	-0.85	0.42	-0.55	0.02	-0.64		-0.86	-0.9	-0.9	-0.84	-0.22	0.08
Common Stock Shares Outstanding	0.65	0.46	0.48	0.19	0.0	0.0	0.62	0.59	0.7	0.5	-0.27	0.46	0.5	0.13	0.98	-0.53	0.46	0.04	0.52	-0.86		0.81	0.81	1.0	0.0	-0.28
Net Invested Capital	0.85	0.62	0.64	0.19	0.07	-0.1	0.8	0.64	0.86	0.64	-0.57	0.62	0.66	0.01	0.81	-0.35	0.6	-0.03	0.72	-0.9	0.81		1.0	0.8	0.07	-0.26
Net Working Capital	0.85	0.62	0.64	0.19	0.07	-0.1	0.8	0.64	0.86	0.64	-0.57	0.62	0.66	0.01	0.81	-0.35	0.6	-0.03	0.72	-0.9	0.81	1.0		0.8	0.07	-0.26
Capital Stock	0.65	0.45	0.47	0.2	0.01	0.02	0.6	0.59	0.68	0.48	-0.26	0.45	0.48	0.15	0.98	-0.53	0.45	0.05	0.5	-0.84	1.0	0.8	0.8		0.0	-0.28
Property Plant And Equipment Net	0.04	0.15	0.15	-0.1	-0.08	-0.1	0.15	0.11	0.24	0.16	-0.13	0.16	0.16	-0.15	0.05	0.35	0.14	-0.19	0.29	-0.22	0.0	0.07	0.07	0.0		0.94
Capital Lease Obligations	-0.25	-0.02	-0.03	-0.2	-0.14	-0.08	-0.07	-0.12	-0.02	-0.02	0.04	-0.01	-0.02	-0.19	-0.25	0.48	-0.03	-0.22	0.1	0.08	-0.28	-0.26	-0.26	-0.28	0.94

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Minco Capital Account Relationship Matchups

Minco Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.3M	11.4M	9.8M	7.2M	5.7M	10.2M
Total Current Liabilities	78.1K	88.1K	138.2K	79.0K	83.7K	79.5K
Total Stockholder Equity	13.2M	11.3M	9.6M	6.9M	5.5M	8.6M
Net Tangible Assets	13.2M	11.3M	9.6M	6.9M	7.9M	12.5M
Retained Earnings	(37.4M)	(38.8M)	(39.5M)	(40.6M)	(41.1M)	(43.1M)
Accounts Payable	39.8K	54.4K	95.9K	46.3K	42.7K	40.6K
Cash	2.9M	2.5M	388.0K	882.2K	391.3K	371.7K
Net Receivables	50.4K	2.7K	6.9K	4.7K	1.6K	1.6K
Total Liab	170.9K	137.3K	150.9K	258.7K	230.7K	219.2K
Total Current Assets	13.2M	11.3M	9.7M	7.0M	5.6M	5.3M
Property Plant Equipment	146.4K	88.5K	50.8K	194.8K	224.1K	235.3K
Short Term Investments	10.2M	8.7M	8.6M	5.6M	5.1M	7.2M
Non Current Assets Total	155.1K	97.2K	63.9K	208.0K	171.9K	138.7K
Non Current Liabilities Total	92.8K	49.2K	12.7K	179.7K	147.0K	154.4K
Net Invested Capital	13.2M	11.3M	9.6M	6.9M	5.5M	8.6M
Net Working Capital	13.1M	11.2M	9.6M	6.9M	5.5M	8.6M
Capital Stock	40.4M	39.8M	38.7M	37.1M	36.1M	31.2M

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