Minco Change To Account Receivables vs Begin Period Cash Flow Analysis
MSV Stock | CAD 0.19 0.01 5.00% |
Minco Silver financial indicator trend analysis is infinitely more than just investigating Minco Silver recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minco Silver is a good investment. Please check the relationship between Minco Silver Change To Account Receivables and its Begin Period Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minco Silver. 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.
Change To Account Receivables vs Begin Period Cash Flow
Change To Account Receivables vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minco Silver Change To Account Receivables account and Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Minco Silver's Change To Account Receivables and Begin Period Cash Flow is -0.29. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Minco Silver, assuming nothing else is changed. The correlation between historical values of Minco Silver's Change To Account Receivables and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Minco Silver are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Account Receivables i.e., Minco Silver's Change To Account Receivables and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Account Receivables
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from Minco Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minco Silver 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 Silver. 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. As of the 29th of November 2024, Selling General Administrative is likely to drop to about 461.8 K. In addition to that, Tax Provision is likely to grow to about (768.5 K)
2023 | 2024 (projected) | Interest Income | 1.4M | 1.4M | Non Recurring | 179.7K | 164.0K |
Minco Silver fundamental ratios Correlations
Click cells to compare fundamentals
Minco Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Minco Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.3M | 47.1M | 48.8M | 52.5M | 45.7M | 66.1M | |
Other Current Liab | 465.2K | 725.5K | 2.3M | 1.7M | 1.2M | 815.4K | |
Total Current Liabilities | 869.7K | 1.3M | 2.6M | 2.2M | 1.7M | 1.1M | |
Total Stockholder Equity | 46.2M | 47.0M | 46.5M | 49.5M | 43.7M | 62.0M | |
Net Debt | (12.3M) | (15.2M) | (4.3M) | (6.5M) | (7.0M) | (7.3M) | |
Retained Earnings | (90.5M) | (91.7M) | (93.2M) | (90.1M) | (94.1M) | (89.4M) | |
Cash | 12.6M | 15.4M | 5.0M | 7.5M | 7.8M | 12.1M | |
Cash And Short Term Investments | 31.5M | 32.9M | 33.1M | 42.5M | 35.6M | 38.9M | |
Net Receivables | 14.0M | 10.0M | 13.3M | 8.0M | 8.2M | 4.5M | |
Common Stock Shares Outstanding | 60.7M | 60.7M | 60.9M | 61.0M | 70.2M | 54.2M | |
Short Term Investments | 18.8M | 17.4M | 28.1M | 35.0M | 27.8M | 26.8M | |
Liabilities And Stockholders Equity | 46.3M | 47.1M | 48.8M | 52.5M | 45.7M | 66.1M | |
Other Stockholder Equity | 27.2M | 27.6M | 27.7M | 28.0M | 28.4M | 23.9M | |
Total Liab | 1.3M | 1.4M | 3.6M | 4.3M | 3.4M | 1.8M | |
Total Current Assets | 45.9M | 43.2M | 46.8M | 50.8M | 44.1M | 43.9M | |
Short Term Debt | 152.5K | 140.2K | 172.6K | 213.9K | 224.2K | 213.0K | |
Property Plant And Equipment Net | 438.0K | 661.4K | 1.2M | 1.3M | 926.1K | 879.8K | |
Accounts Payable | 252.0K | 409.1K | 215.6K | 210.5K | 234.5K | 379.4K | |
Non Current Assets Total | 438.0K | 4.0M | 2.0M | 1.7M | 1.7M | 1.6M | |
Non Current Liabilities Total | 410.3K | 109.6K | 967.7K | 2.1M | 1.7M | 1.8M | |
Other Current Assets | 378.7K | 270.6K | 356.0K | 348.0K | 283.5K | 399.7K | |
Property Plant And Equipment Gross | 438.0K | 661.4K | 2.7M | 2.9M | 2.6M | 2.5M | |
Accumulated Other Comprehensive Income | 1.9M | 3.3M | 4.1M | 3.7M | 1.5M | 1.4M | |
Net Tangible Assets | 46.2M | 47.0M | 46.5M | 49.5M | 44.5M | 62.5M | |
Property Plant Equipment | 438.0K | 661.4K | 1.2M | 1.3M | 1.1M | 1.1M | |
Capital Surpluse | 27.2M | 27.6M | 27.7M | 28.0M | 32.2M | 28.7M | |
Long Term Debt Total | 214.1K | 45.6K | 567.0K | 780.6K | 897.7K | 942.5K | |
Net Invested Capital | 46.2M | 47.0M | 46.5M | 49.5M | 43.7M | 49.2M | |
Net Working Capital | 45.0M | 41.9M | 44.2M | 48.6M | 42.4M | 36.2M |
Pair Trading with Minco Silver
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 Minco Silver 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 Minco Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Minco Stock
Moving against Minco Stock
The ability to find closely correlated positions to Minco Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minco Silver 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 Minco Silver - 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 Minco Silver to buy it.
The correlation of Minco Silver 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 Minco Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minco Silver 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 Minco Silver 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.Other Information on Investing in Minco Stock
Balance Sheet is a snapshot of the financial position of Minco Silver at a specified time, usually calculated after every quarter, six months, or one year. Minco Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Minco Silver and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Minco currently owns. An asset can also be divided into two categories, current and non-current.