MP Materials Capital Expenditures vs Net Income Analysis

MP Stock

USD 21.07 0.23 1.10%

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

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MP Materials Corp Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between MP Materials' Capital Expenditures and Net Income is 0.8. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of MP Materials Corp, assuming nothing else is changed. The correlation between historical values of MP Materials' Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of MP Materials Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., MP Materials' Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by MP Materials Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of MP Materials operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MP Materials Corp financial statement analysis. It represents the amount of money remaining after all of MP Materials Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from MP Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MP Materials 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 MP Materials 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 american community survey.

At this time, MP Materials' Issuance Of Capital Stock is relatively stable compared to the past year. As of 11/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Enterprise Value is likely to drop slightly above 3.7 B.

	2021	2023	2024 (projected)
Depreciation And Amortization	26.8M	56.6M	59.4M
Interest Income	8.9M	10.2M	10.8M

Depreciation And Amortization Interest Income

MP Materials fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total
Other Current Liab		0.82	0.67	0.82	0.97	0.46	-0.54	0.52	0.82	0.64	-0.53	0.87	0.74	0.72	0.72	0.8	0.99	0.81	0.14	0.81	-0.1	0.72	0.66	0.64	0.71	0.83
Total Current Liabilities	0.82		0.94	0.92	0.91	0.74	-0.84	0.81	0.97	0.92	-0.78	0.93	0.96	0.93	0.95	0.98	0.85	0.51	0.45	0.98	-0.55	0.93	0.91	0.91	0.92	0.91
Other Liab	0.67	0.94		0.95	0.78	0.85	-0.96	0.85	0.92	0.96	-0.85	0.93	0.98	0.91	0.99	0.98	0.68	0.21	0.68	0.97	-0.69	0.9	0.96	1.0	0.9	0.87
Net Tangible Assets	0.82	0.92	0.95		0.9	0.79	-0.91	0.8	0.89	0.92	-0.83	1.0	0.97	0.9	0.97	0.97	0.82	0.38	0.62	0.96	-0.58	0.89	0.94	0.95	0.9	0.94
Retained Earnings	0.97	0.91	0.78	0.9		0.6	-0.7	0.7	0.87	0.79	-0.65	0.93	0.86	0.86	0.84	0.89	0.98	0.73	0.31	0.89	-0.31	0.86	0.81	0.76	0.86	0.93
Accounts Payable	0.46	0.74	0.85	0.79	0.6		-0.91	0.91	0.75	0.87	-0.81	0.76	0.84	0.86	0.82	0.79	0.47	-0.06	0.88	0.78	-0.58	0.85	0.87	0.85	0.85	0.83
Other Assets	-0.54	-0.84	-0.96	-0.91	-0.7	-0.91		-0.92	-0.8	-0.97	0.82	-0.88	-0.95	-0.92	-0.96	-0.9	-0.56	-0.04	-0.84	-0.9	0.79	-0.91	-0.98	-0.97	-0.92	-0.87
Net Receivables	0.52	0.81	0.85	0.8	0.7	0.91	-0.92		0.73	0.95	-0.71	0.79	0.9	0.96	0.85	0.82	0.56	0.12	0.8	0.81	-0.71	0.96	0.94	0.84	0.96	0.9
Inventory	0.82	0.97	0.92	0.89	0.87	0.75	-0.8	0.73		0.85	-0.76	0.9	0.91	0.87	0.91	0.96	0.83	0.48	0.42	0.97	-0.4	0.87	0.84	0.89	0.84	0.86
Total Current Assets	0.64	0.92	0.96	0.92	0.79	0.87	-0.97	0.95	0.85		-0.82	0.91	0.99	0.97	0.97	0.94	0.67	0.22	0.73	0.94	-0.77	0.97	1.0	0.96	0.97	0.92
Common Stock	-0.53	-0.78	-0.85	-0.83	-0.65	-0.81	0.82	-0.71	-0.76	-0.82		-0.81	-0.83	-0.75	-0.85	-0.81	-0.56	-0.12	-0.65	-0.8	0.64	-0.74	-0.82	-0.85	-0.75	-0.75
Property Plant Equipment	0.87	0.93	0.93	1.0	0.93	0.76	-0.88	0.79	0.9	0.91	-0.81		0.96	0.9	0.96	0.97	0.87	0.46	0.57	0.96	-0.52	0.89	0.92	0.92	0.9	0.95
Total Assets	0.74	0.96	0.98	0.97	0.86	0.84	-0.95	0.9	0.91	0.99	-0.83	0.96		0.97	0.99	0.98	0.77	0.33	0.66	0.98	-0.68	0.96	0.99	0.97	0.96	0.94
Short Long Term Debt Total	0.72	0.93	0.91	0.9	0.86	0.86	-0.92	0.96	0.87	0.97	-0.75	0.9	0.97		0.92	0.93	0.75	0.35	0.66	0.92	-0.63	1.0	0.97	0.9	1.0	0.97
Total Stockholder Equity	0.72	0.95	0.99	0.97	0.84	0.82	-0.96	0.85	0.91	0.97	-0.85	0.96	0.99	0.92		0.98	0.74	0.29	0.66	0.98	-0.7	0.92	0.97	0.99	0.92	0.91
Property Plant And Equipment Net	0.8	0.98	0.98	0.97	0.89	0.79	-0.9	0.82	0.96	0.94	-0.81	0.97	0.98	0.93	0.98		0.82	0.41	0.55	1.0	-0.59	0.92	0.94	0.96	0.92	0.92
Current Deferred Revenue	0.99	0.85	0.68	0.82	0.98	0.47	-0.56	0.56	0.83	0.67	-0.56	0.87	0.77	0.75	0.74	0.82		0.83	0.15	0.82	-0.16	0.76	0.69	0.65	0.75	0.85
Net Debt	0.81	0.51	0.21	0.38	0.73	-0.06	-0.04	0.12	0.48	0.22	-0.12	0.46	0.33	0.35	0.29	0.41	0.83		-0.41	0.42	0.21	0.36	0.23	0.16	0.35	0.45
Cash	0.14	0.45	0.68	0.62	0.31	0.88	-0.84	0.8	0.42	0.73	-0.65	0.57	0.66	0.66	0.66	0.55	0.15	-0.41		0.54	-0.69	0.65	0.74	0.72	0.67	0.63
Non Current Assets Total	0.81	0.98	0.97	0.96	0.89	0.78	-0.9	0.81	0.97	0.94	-0.8	0.96	0.98	0.92	0.98	1.0	0.82	0.42	0.54		-0.57	0.92	0.93	0.96	0.91	0.91
Non Currrent Assets Other	-0.1	-0.55	-0.69	-0.58	-0.31	-0.58	0.79	-0.71	-0.4	-0.77	0.64	-0.52	-0.68	-0.63	-0.7	-0.59	-0.16	0.21	-0.69	-0.57		-0.63	-0.76	-0.72	-0.66	-0.5
Long Term Debt	0.72	0.93	0.9	0.89	0.86	0.85	-0.91	0.96	0.87	0.97	-0.74	0.89	0.96	1.0	0.92	0.92	0.76	0.36	0.65	0.92	-0.63		0.96	0.89	1.0	0.97
Cash And Short Term Investments	0.66	0.91	0.96	0.94	0.81	0.87	-0.98	0.94	0.84	1.0	-0.82	0.92	0.99	0.97	0.97	0.94	0.69	0.23	0.74	0.93	-0.76	0.96		0.96	0.98	0.94
Common Stock Total Equity	0.64	0.91	1.0	0.95	0.76	0.85	-0.97	0.84	0.89	0.96	-0.85	0.92	0.97	0.9	0.99	0.96	0.65	0.16	0.72	0.96	-0.72	0.89	0.96		0.89	0.86
Common Stock Shares Outstanding	0.71	0.92	0.9	0.9	0.86	0.85	-0.92	0.96	0.84	0.97	-0.75	0.9	0.96	1.0	0.92	0.92	0.75	0.35	0.67	0.91	-0.66	1.0	0.98	0.89		0.97
Long Term Debt Total	0.83	0.91	0.87	0.94	0.93	0.83	-0.87	0.9	0.86	0.92	-0.75	0.95	0.94	0.97	0.91	0.92	0.85	0.45	0.63	0.91	-0.5	0.97	0.94	0.86	0.97

Click cells to compare fundamentals

MP Materials Account Relationship Matchups

MP Materials fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	5.9M	2.2M	4.0M	58.6M	80.6M	84.6M
Total Current Liabilities	31.3M	43.1M	59.5M	97.5M	108.6M	66.5M
Other Liab	73.0M	129.6M	138.8M	144.5M	166.2M	122.1M
Net Tangible Assets	(18.0M)	853.9M	954.2M	1.3B	1.5B	1.6B
Retained Earnings	(40.8M)	(62.6M)	72.4M	361.4M	385.7M	405.0M
Accounts Payable	14.2M	16.2M	35.7M	15.3M	28.0M	21.5M
Other Assets	26.8M	11.3M	1.1M	8.2M	7.4M	11.7M
Net Receivables	370K	3.6M	51.0M	32.9M	29.3M	21.5M
Inventory	23.0M	32.3M	38.7M	57.6M	95.2M	47.7M
Total Current Assets	27.4M	561.0M	1.3B	1.3B	1.1B	789.8M
Property Plant Equipment	47.5M	504.1M	611.7M	935.7M	1.1B	1.1B

Pair Trading with MP Materials

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MP Materials position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MP Materials will appreciate offsetting losses from the drop in the long position's value.

Moving against MP Materials Stock

0.75	BYU	BAIYU Holdings	Pair Corr
0.69	ELBM	Electra Battery Materials	Pair Corr
0.39	NB	NioCorp Developments	Pair Corr

The ability to find closely correlated positions to MP Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MP Materials when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MP Materials - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MP Materials Corp to buy it.

The correlation of MP Materials is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MP Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MP Materials Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for MP Materials can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for MP Materials Stock Analysis

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

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