Minco Total Stockholder Equity vs Long Term Investments 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 Total Stockholder Equity and its Long Term Investments 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.

Total Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minco Capital Corp Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Minco Capital's Total Stockholder Equity and Long Term Investments is -0.42. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments 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 Total Stockholder Equity and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Minco Capital Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., Minco Capital's Total Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
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 Expenses495.5K3.0M1.6M1.4M
Cost Of Revenue109.2K95.2K100.9K178.2K

Minco Capital fundamental ratios Correlations

0.270.30.590.50.350.550.710.670.58-0.290.280.430.340.67-0.450.570.30.53-0.750.650.850.850.650.04-0.25
0.271.0-0.62-0.69-0.770.91-0.120.740.83-0.941.00.92-0.720.430.390.56-0.640.75-0.560.460.620.620.450.15-0.02
0.31.0-0.6-0.67-0.750.92-0.090.760.84-0.941.00.93-0.710.450.370.56-0.640.77-0.580.480.640.640.470.15-0.03
0.59-0.62-0.60.980.93-0.310.7-0.06-0.240.58-0.61-0.420.90.23-0.730.00.79-0.2-0.160.190.190.190.2-0.1-0.2
0.5-0.69-0.670.980.93-0.40.61-0.16-0.310.61-0.68-0.50.870.03-0.63-0.060.78-0.27-0.030.00.070.070.01-0.08-0.14
0.35-0.77-0.750.930.93-0.530.5-0.31-0.370.76-0.76-0.60.920.03-0.6-0.090.82-0.390.10.0-0.1-0.10.02-0.1-0.08
0.550.910.92-0.31-0.4-0.530.210.910.86-0.840.920.96-0.540.590.130.57-0.560.88-0.760.620.80.80.60.15-0.07
0.71-0.12-0.090.70.610.50.210.440.00.19-0.110.020.570.61-0.70.20.350.35-0.560.590.640.640.590.11-0.12
0.670.740.76-0.06-0.16-0.310.910.440.74-0.670.750.79-0.270.68-0.140.71-0.320.92-0.880.70.860.860.680.24-0.02
0.580.830.84-0.24-0.31-0.370.860.00.74-0.810.840.9-0.460.470.290.71-0.380.74-0.60.50.640.640.480.16-0.02
-0.29-0.94-0.940.580.610.76-0.840.19-0.67-0.81-0.94-0.880.73-0.28-0.46-0.520.59-0.690.47-0.27-0.57-0.57-0.26-0.130.04
0.281.01.0-0.61-0.68-0.760.92-0.110.750.84-0.940.93-0.730.430.390.56-0.650.77-0.570.460.620.620.450.16-0.01
0.430.920.93-0.42-0.5-0.60.960.020.790.9-0.880.93-0.680.460.330.47-0.680.8-0.60.50.660.660.480.16-0.02
0.34-0.72-0.710.90.870.92-0.540.57-0.27-0.460.73-0.73-0.680.17-0.76-0.020.94-0.41-0.020.130.010.010.15-0.15-0.19
0.670.430.450.230.030.030.590.610.680.47-0.280.430.460.17-0.540.450.080.5-0.850.980.810.810.980.05-0.25
-0.450.390.37-0.73-0.63-0.60.13-0.7-0.140.29-0.460.390.33-0.76-0.54-0.01-0.630.120.42-0.53-0.35-0.35-0.530.350.48
0.570.560.560.0-0.06-0.090.570.20.710.71-0.520.560.47-0.020.45-0.010.070.72-0.550.460.60.60.450.14-0.03
0.3-0.64-0.640.790.780.82-0.560.35-0.32-0.380.59-0.65-0.680.940.08-0.630.07-0.490.020.04-0.03-0.030.05-0.19-0.22
0.530.750.77-0.2-0.27-0.390.880.350.920.74-0.690.770.8-0.410.50.120.72-0.49-0.640.520.720.720.50.290.1
-0.75-0.56-0.58-0.16-0.030.1-0.76-0.56-0.88-0.60.47-0.57-0.6-0.02-0.850.42-0.550.02-0.64-0.86-0.9-0.9-0.84-0.220.08
0.650.460.480.190.00.00.620.590.70.5-0.270.460.50.130.98-0.530.460.040.52-0.860.810.811.00.0-0.28
0.850.620.640.190.07-0.10.80.640.860.64-0.570.620.660.010.81-0.350.6-0.030.72-0.90.811.00.80.07-0.26
0.850.620.640.190.07-0.10.80.640.860.64-0.570.620.660.010.81-0.350.6-0.030.72-0.90.811.00.80.07-0.26
0.650.450.470.20.010.020.60.590.680.48-0.260.450.480.150.98-0.530.450.050.5-0.841.00.80.80.0-0.28
0.040.150.15-0.1-0.08-0.10.150.110.240.16-0.130.160.16-0.150.050.350.14-0.190.29-0.220.00.070.070.00.94
-0.25-0.02-0.03-0.2-0.14-0.08-0.07-0.12-0.02-0.020.04-0.01-0.02-0.19-0.250.48-0.03-0.220.10.08-0.28-0.26-0.26-0.280.94
Click cells to compare fundamentals

Minco Capital Account Relationship Matchups

Minco Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.3M11.4M9.8M7.2M5.7M10.2M
Total Current Liabilities78.1K88.1K138.2K79.0K83.7K79.5K
Total Stockholder Equity13.2M11.3M9.6M6.9M5.5M8.6M
Net Tangible Assets13.2M11.3M9.6M6.9M7.9M12.5M
Retained Earnings(37.4M)(38.8M)(39.5M)(40.6M)(41.1M)(43.1M)
Accounts Payable39.8K54.4K95.9K46.3K42.7K40.6K
Cash2.9M2.5M388.0K882.2K391.3K371.7K
Net Receivables50.4K2.7K6.9K4.7K1.6K1.6K
Total Liab170.9K137.3K150.9K258.7K230.7K219.2K
Total Current Assets13.2M11.3M9.7M7.0M5.6M5.3M
Property Plant Equipment146.4K88.5K50.8K194.8K224.1K235.3K
Short Term Investments10.2M8.7M8.6M5.6M5.1M7.2M
Non Current Assets Total155.1K97.2K63.9K208.0K171.9K138.7K
Non Current Liabilities Total92.8K49.2K12.7K179.7K147.0K154.4K
Net Invested Capital13.2M11.3M9.6M6.9M5.5M8.6M
Net Working Capital13.1M11.2M9.6M6.9M5.5M8.6M
Capital Stock40.4M39.8M38.7M37.1M36.1M31.2M

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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.