Millennium Other Current Liab vs Property Plant Equipment Analysis

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Millennium Silver financial indicator trend analysis is infinitely more than just investigating Millennium Silver Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Millennium Silver Corp is a good investment. Please check the relationship between Millennium Silver Other Current Liab and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Millennium Silver 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.

Other Current Liab vs Property Plant Equipment

Other Current Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Millennium Silver Corp Other Current Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Millennium Silver's Other Current Liab and Property Plant Equipment is 0.38. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Millennium Silver Corp, assuming nothing else is changed. The correlation between historical values of Millennium Silver's Other Current Liab and Property Plant Equipment 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 Liab of Millennium Silver Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Liab i.e., Millennium Silver's Other Current Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Property Plant Equipment

Most indicators from Millennium Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Millennium Silver 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 Millennium Silver 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.
Issuance Of Capital Stock is likely to climb to about 796.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 65.1 K in 2024.
 2019 2020 2023 2024 (projected)
Reconciled Depreciation24.6K5.2K4.6K4.4K
Cost Of Revenue24.6K5.2K4.6K4.4K

Millennium Silver fundamental ratios Correlations

-0.491.00.910.820.91-0.370.291.00.36-0.530.52-0.51-0.461.0-0.780.320.5-0.830.9-0.840.410.98-0.650.410.91
-0.49-0.53-0.48-0.68-0.670.91-0.81-0.44-0.610.65-0.440.760.98-0.510.74-0.83-0.920.72-0.320.72-0.54-0.590.66-0.57-0.48
1.0-0.530.920.850.93-0.410.330.990.38-0.550.52-0.53-0.51.0-0.80.360.54-0.840.9-0.860.420.98-0.670.430.92
0.91-0.480.920.910.95-0.380.460.90.42-0.550.57-0.59-0.450.92-0.830.480.62-0.760.91-0.80.530.94-0.490.51.0
0.82-0.680.850.910.9-0.620.580.790.64-0.550.46-0.57-0.680.84-0.80.620.77-0.730.86-0.760.530.86-0.470.50.91
0.91-0.670.930.950.9-0.510.610.880.57-0.760.68-0.76-0.620.92-0.930.630.76-0.920.82-0.940.690.97-0.560.680.95
-0.370.91-0.41-0.38-0.62-0.51-0.73-0.32-0.410.35-0.080.630.97-0.390.52-0.73-0.830.48-0.220.48-0.25-0.460.61-0.27-0.38
0.29-0.810.330.460.580.61-0.730.220.51-0.650.53-0.9-0.760.31-0.641.00.95-0.590.14-0.590.650.46-0.270.640.46
1.0-0.440.990.90.790.88-0.320.220.32-0.490.49-0.45-0.411.0-0.750.250.44-0.80.9-0.810.370.96-0.640.370.9
0.36-0.610.380.420.640.57-0.410.510.32-0.780.5-0.42-0.560.36-0.650.580.63-0.630.46-0.630.810.42-0.060.810.42
-0.530.65-0.55-0.55-0.55-0.760.35-0.65-0.49-0.78-0.810.770.52-0.530.84-0.68-0.70.9-0.410.89-0.96-0.640.28-0.98-0.55
0.52-0.440.520.570.460.68-0.080.530.490.5-0.81-0.63-0.260.51-0.810.550.56-0.740.43-0.740.810.57-0.330.810.57
-0.510.76-0.53-0.59-0.57-0.760.63-0.9-0.45-0.420.77-0.630.69-0.520.75-0.89-0.870.8-0.250.79-0.71-0.670.41-0.72-0.59
-0.460.98-0.5-0.45-0.68-0.620.97-0.76-0.41-0.560.52-0.260.69-0.480.65-0.79-0.890.63-0.310.62-0.41-0.550.64-0.43-0.45
1.0-0.511.00.920.840.92-0.390.311.00.36-0.530.51-0.52-0.48-0.790.340.53-0.830.9-0.850.410.98-0.660.410.92
-0.780.74-0.8-0.83-0.8-0.930.52-0.64-0.75-0.650.84-0.810.750.65-0.79-0.67-0.80.91-0.70.92-0.8-0.840.62-0.79-0.83
0.32-0.830.360.480.620.63-0.731.00.250.58-0.680.55-0.89-0.790.34-0.670.96-0.620.19-0.620.680.48-0.280.680.48
0.5-0.920.540.620.770.76-0.830.950.440.63-0.70.56-0.87-0.890.53-0.80.96-0.720.39-0.730.670.64-0.480.670.62
-0.830.72-0.84-0.76-0.73-0.920.48-0.59-0.8-0.630.9-0.740.80.63-0.830.91-0.62-0.72-0.641.0-0.78-0.890.56-0.8-0.76
0.9-0.320.90.910.860.82-0.220.140.90.46-0.410.43-0.25-0.310.9-0.70.190.39-0.64-0.670.380.85-0.450.350.91
-0.840.72-0.86-0.8-0.76-0.940.48-0.59-0.81-0.630.89-0.740.790.62-0.850.92-0.62-0.731.0-0.67-0.78-0.910.56-0.8-0.8
0.41-0.540.420.530.530.69-0.250.650.370.81-0.960.81-0.71-0.410.41-0.80.680.67-0.780.38-0.780.53-0.081.00.53
0.98-0.590.980.940.860.97-0.460.460.960.42-0.640.57-0.67-0.550.98-0.840.480.64-0.890.85-0.910.53-0.620.530.94
-0.650.66-0.67-0.49-0.47-0.560.61-0.27-0.64-0.060.28-0.330.410.64-0.660.62-0.28-0.480.56-0.450.56-0.08-0.62-0.12-0.49
0.41-0.570.430.50.50.68-0.270.640.370.81-0.980.81-0.72-0.430.41-0.790.680.67-0.80.35-0.81.00.53-0.120.5
0.91-0.480.921.00.910.95-0.380.460.90.42-0.550.57-0.59-0.450.92-0.830.480.62-0.760.91-0.80.530.94-0.490.5
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Millennium Silver Account Relationship Matchups

Millennium Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1M6.4M6.2M6.6M3.0K2.8K
Total Current Liabilities356.9K56.1K135.3K338.4K469.5K243.3K
Total Stockholder Equity5.6M6.2M6.1M6.3M(466.5K)(443.2K)
Net Tangible Assets6.4M5.6M6.2M6.1M5.5M4.9M
Retained Earnings(16.2M)(16.4M)(16.8M)(17.0M)(23.6M)(24.8M)
Accounts Payable133.6K23.6K12.6K77.8K108.5K69.7K
Cash4.4K232.0K13.3K3.4K1.6K1.5K
Non Current Assets Total6.6M6.1M6.1M6.2M6.6M0.0
Net Receivables4.1K774.01.7K1.5K1.3K1.2K
Other Stockholder Equity2.5M2.2M2.2M2.4M2.7M2.5M
Total Liab462.7K119.1K135.3K338.4K469.5K289.0K
Net Invested Capital5.7M6.3M6.1M6.5M(241.3K)(229.2K)
Short Long Term Debt4.3K9.3K44.4K160.3K225.3K236.5K
Total Current Assets8.5K254.4K18.9K5.1K3.0K2.8K
Net Working Capital(349.2K)198.3K(116.3K)(333.3K)(466.5K)(443.2K)
Property Plant Equipment6.6M6.1M6.1M6.2M5.6M4.9M

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