Morien Book Value Per Share vs Days Sales Outstanding Analysis

MOX Stock  CAD 0.27  0.01  3.85%   
Morien Resources financial indicator trend analysis is infinitely more than just investigating Morien Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Morien Resources Corp is a good investment. Please check the relationship between Morien Resources Book Value Per Share and its Days Sales Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morien Resources 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.

Book Value Per Share vs Days Sales Outstanding

Book Value Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morien Resources Corp Book Value Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Morien Resources' Book Value Per Share and Days Sales Outstanding is -0.1. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Morien Resources Corp, assuming nothing else is changed. The correlation between historical values of Morien Resources' Book Value Per Share and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Morien Resources Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Book Value Per Share i.e., Morien Resources' Book Value Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Days Sales Outstanding

Most indicators from Morien Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Morien Resources 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 Morien Resources 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 951.8 K in 2024. Discontinued Operations is likely to drop to about 11.7 K in 2024
 2021 2022 2023 2024 (projected)
Interest Income14.5K38.4K63.6K44.1K
Net Interest Income14.5K38.4K63.6K44.1K

Morien Resources fundamental ratios Correlations

0.050.310.920.040.03-0.380.7-0.020.980.37-0.24-0.05-0.29-0.020.760.01-0.08-0.15-0.50.050.160.050.760.270.27
0.050.94-0.35-0.670.340.14-0.23-0.350.150.78-0.45-0.06-0.630.98-0.040.99-0.410.66-0.08-0.67-0.14-0.68-0.20.080.08
0.310.94-0.08-0.680.270.010.09-0.280.380.84-0.46-0.06-0.770.880.270.9-0.380.64-0.31-0.69-0.08-0.690.020.190.19
0.92-0.35-0.080.31-0.12-0.390.770.130.850.03-0.03-0.02-0.03-0.420.73-0.390.09-0.41-0.430.320.190.320.780.230.23
0.04-0.67-0.680.31-0.410.040.170.38-0.08-0.710.590.060.79-0.64-0.16-0.660.5-0.890.321.00.11.00.16-0.33-0.33
0.030.340.27-0.12-0.410.0-0.13-1.00.230.3-0.92-0.04-0.510.390.090.38-0.780.540.16-0.41-0.26-0.42-0.11-0.32-0.32
-0.380.140.01-0.390.040.0-0.19-0.01-0.33-0.460.22-0.40.010.13-0.690.12-0.250.040.630.04-0.470.04-0.83-0.23-0.23
0.7-0.230.090.770.17-0.13-0.190.140.65-0.040.03-0.13-0.35-0.350.78-0.310.07-0.2-0.30.170.090.170.520.110.11
-0.02-0.35-0.280.130.38-1.0-0.010.14-0.22-0.290.910.030.5-0.41-0.08-0.390.77-0.52-0.190.380.260.390.120.340.34
0.980.150.380.85-0.080.23-0.330.65-0.220.44-0.42-0.11-0.420.090.740.12-0.280.0-0.46-0.070.06-0.070.690.210.21
0.370.780.840.03-0.710.3-0.46-0.04-0.290.44-0.570.14-0.640.770.440.79-0.280.63-0.56-0.720.14-0.720.350.290.29
-0.24-0.45-0.46-0.030.59-0.920.220.030.91-0.42-0.57-0.080.65-0.47-0.32-0.480.77-0.610.140.590.180.59-0.10.060.06
-0.05-0.06-0.06-0.020.06-0.04-0.4-0.130.03-0.110.14-0.080.21-0.060.14-0.060.16-0.12-0.250.06-0.10.060.050.160.16
-0.29-0.63-0.77-0.030.79-0.510.01-0.350.5-0.42-0.640.650.21-0.57-0.48-0.60.54-0.790.290.790.090.79-0.01-0.06-0.06
-0.020.980.88-0.42-0.640.390.13-0.35-0.410.090.77-0.47-0.06-0.57-0.121.0-0.410.68-0.04-0.65-0.12-0.65-0.22-0.01-0.01
0.76-0.040.270.73-0.160.09-0.690.78-0.080.740.44-0.320.14-0.48-0.12-0.08-0.020.05-0.63-0.150.24-0.150.790.270.27
0.010.990.9-0.39-0.660.380.12-0.31-0.390.120.79-0.48-0.06-0.61.0-0.08-0.420.68-0.08-0.67-0.12-0.67-0.20.020.02
-0.08-0.41-0.380.090.5-0.78-0.250.070.77-0.28-0.280.770.160.54-0.41-0.02-0.42-0.52-0.130.50.70.50.240.090.09
-0.150.660.64-0.41-0.890.540.04-0.2-0.520.00.63-0.61-0.12-0.790.680.050.68-0.52-0.25-0.9-0.14-0.9-0.27-0.11-0.11
-0.5-0.08-0.31-0.430.320.160.63-0.3-0.19-0.46-0.560.14-0.250.29-0.04-0.63-0.08-0.13-0.250.32-0.260.32-0.6-0.29-0.29
0.05-0.67-0.690.321.0-0.410.040.170.38-0.07-0.720.590.060.79-0.65-0.15-0.670.5-0.90.320.11.00.17-0.32-0.32
0.16-0.14-0.080.190.1-0.26-0.470.090.260.060.140.18-0.10.09-0.120.24-0.120.7-0.14-0.260.10.10.490.110.11
0.05-0.68-0.690.321.0-0.420.040.170.39-0.07-0.720.590.060.79-0.65-0.15-0.670.5-0.90.321.00.10.17-0.31-0.31
0.76-0.20.020.780.16-0.11-0.830.520.120.690.35-0.10.05-0.01-0.220.79-0.20.24-0.27-0.60.170.490.170.260.26
0.270.080.190.23-0.33-0.32-0.230.110.340.210.290.060.16-0.06-0.010.270.020.09-0.11-0.29-0.320.11-0.310.261.0
0.270.080.190.23-0.33-0.32-0.230.110.340.210.290.060.16-0.06-0.010.270.020.09-0.11-0.29-0.320.11-0.310.261.0
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Morien Resources Account Relationship Matchups

Morien Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6M2.7M2.4M1.5M1.5M1.4M
Total Current Liabilities123.8K79.5K77.5K83.7K61.7K58.6K
Total Stockholder Equity3.2M2.3M1.8M787.2K651.3K618.7K
Net Debt(3.2M)(1.8M)(1.2M)(276.7K)(373.1K)(391.8K)
Retained Earnings(3.2M)(4.2M)(4.7M)(5.7M)(6.5M)(6.9M)
Accounts Payable123.8K79.5K77.5K83.7K61.7K102.3K
Cash3.2M1.8M1.2M276.7K373.1K354.5K
Cash And Short Term Investments3.2M2.6M2.3M1.3M1.4M1.9M
Net Receivables310.5K49.3K6.1K196.1K38.7K36.8K
Common Stock Shares Outstanding53.4M52.0M50.9M50.6M51.1M44.0M
Liabilities And Stockholders Equity3.6M2.7M2.4M1.5M1.5M1.4M
Non Current Liabilities Total260.9K373.2K488.8K613.5K753.4K1.1M
Other Stockholder Equity2.1M1.9M2.1M2.1M2.4M2.3M
Total Liab384.7K452.6K566.4K697.2K815.1K1.1M
Total Current Assets3.6M2.7M2.4M1.5M1.4M2.5M
Other Current Assets41.4K27.4K33.7K25.9K19.8K18.8K
Common Stock4.5M4.4M4.3M4.4M4.8M4.5M
Net Tangible Assets3.2M2.3M1.8M787.2K708.5K673.1K
Net Invested Capital3.2M2.3M1.8M787.2K651.3K618.7K
Net Working Capital3.5M2.6M2.1M1.4M1.4M2.1M
Other Liab260.9K373.2K488.8K613.5K705.5K415.0K
Capital Stock4.5M4.4M4.3M4.4M4.8M4.8M

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