Minco Short Term Investments vs Capital Lease Obligations Analysis

MMM Stock

CAD 0.05 0.00 0.00%

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 Short Term Investments and its Capital Lease Obligations 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.

Short Term Investments vs Capital Lease Obligations

Short Term Investments vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minco Capital Corp Short Term Investments account and Capital Lease Obligations. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Minco Capital's Short Term Investments and Capital Lease Obligations is -0.22. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Capital Lease Obligations 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 Short Term Investments and Capital Lease Obligations 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 Minco Capital Corp are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Short Term Investments i.e., Minco Capital's Short Term Investments and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

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

Capital Lease Obligations

Minco Capital Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Minco Capital asset purchases. For example, Minco Capital can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Minco Capital control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Minco Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC