Monarca Other Current Assets vs Property Plant And Equipment Net Analysis
MMN Stock | CAD 0.01 0.00 0.00% |
Monarca Minerals financial indicator trend analysis is infinitely more than just investigating Monarca Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monarca Minerals is a good investment. Please check the relationship between Monarca Minerals Other Current Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarca Minerals. 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.
Other Current Assets vs Property Plant And Equipment Net
Other Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarca Minerals Other Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Monarca Minerals' Other Current Assets and Property Plant And Equipment Net is -0.16. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Monarca Minerals, assuming nothing else is changed. The correlation between historical values of Monarca Minerals' Other Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Monarca Minerals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Assets i.e., Monarca Minerals' Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Monarca Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monarca Minerals 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 Monarca Minerals. 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 353.4 K in 2024. Enterprise Value Over EBITDA is likely to drop to -3.84 in 2024
Monarca Minerals fundamental ratios Correlations
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Monarca Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monarca Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2M | 721.5K | 99.0K | 32.4K | 29.2K | 27.7K | |
Total Current Liabilities | 2.6M | 2.9M | 3.4M | 4.3M | 4.9M | 5.2M | |
Total Stockholder Equity | (483.2K) | (2.2M) | (3.3M) | (4.2M) | (3.8M) | (3.6M) | |
Net Debt | (516.0K) | 755.0K | 1.2M | 1.3M | 1.5M | 1.6M | |
Retained Earnings | (30.1M) | (32.8M) | (33.6M) | (33.5M) | (30.1M) | (28.6M) | |
Accounts Payable | 1.4M | 1.5M | 1.7M | 2.2M | 2.5M | 2.7M | |
Cash | 1.8M | 498.7K | 29.3K | 7.1K | 6.4K | 6.1K | |
Cash And Short Term Investments | 1.8M | 523.7K | 39.3K | 8.1K | 7.3K | 6.9K | |
Net Receivables | 191.3K | 155.1K | 13.1K | 5.1K | 5.9K | 5.6K | |
Common Stock Shares Outstanding | 49.7M | 67.9M | 120.2M | 126.6M | 145.5M | 152.8M | |
Liabilities And Stockholders Equity | 2.2M | 721.5K | 99.0K | 32.4K | 29.2K | 27.7K | |
Other Stockholder Equity | 1.2M | 1.6M | 1.0 | 1.4M | 1.3M | 1.2M | |
Total Liab | 2.6M | 2.9M | 3.4M | 4.3M | 4.9M | 2.8M | |
Total Current Assets | 2.0M | 710.3K | 88.4K | 23.3K | 20.9K | 19.9K | |
Accumulated Other Comprehensive Income | 1.6M | 1.7M | 1.4M | 367.3K | 422.4K | 401.3K | |
Other Current Liab | 14.6K | 212.7K | 454.0K | 3.0M | 3.4M | 3.6M | |
Property Plant And Equipment Net | 12.0K | 6.9K | 6.6K | 9.2K | 8.3K | 7.8K | |
Non Current Assets Total | 146.4K | 11.2K | 10.6K | 9.2K | 8.3K | 7.8K | |
Net Tangible Assets | (3.1M) | (488.0K) | (2.2M) | (3.3M) | (3.0M) | (2.8M) | |
Other Current Assets | (700.0) | 31.5K | 36.0K | 10.0K | 9.0K | 16.9K | |
Property Plant Equipment | 7.6K | 7.2K | 6.9K | 10.6K | 9.5K | 9.0K | |
Non Currrent Assets Other | (357.0) | 13.0K | 134.4K | (3.1K) | (2.8K) | (2.7K) | |
Net Invested Capital | 770.5K | (949.5K) | (2.1M) | (2.9M) | (2.6M) | (2.5M) | |
Net Working Capital | (630.3K) | (2.2M) | (3.3M) | (4.3M) | (3.8M) | (3.6M) |
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