Minco Total Liab vs Retained Earnings Analysis

MSV Stock  CAD 0.20  0.01  5.26%   
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 Total Liab and its Retained Earnings 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.

Total Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minco Silver Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Minco Silver's Total Liab and Retained Earnings is -0.79. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings 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 Total Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Minco Silver are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., Minco Silver's Total Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 17th of December 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 Income1.4M1.4M
Non Recurring179.7K164.0K

Minco Silver fundamental ratios Correlations

-0.34-0.340.99-0.70.340.70.74-0.260.550.490.620.26-0.410.710.770.03-0.390.890.020.89-0.520.130.890.180.19
-0.340.95-0.340.41-0.71-0.38-0.110.470.30.350.140.490.920.05-0.520.390.78-0.49-0.35-0.490.69-0.06-0.47-0.16-0.21
-0.340.95-0.340.37-0.79-0.34-0.130.530.380.430.060.570.950.04-0.590.530.74-0.48-0.29-0.470.690.06-0.47-0.17-0.2
0.99-0.34-0.34-0.740.340.740.8-0.270.570.510.690.24-0.420.770.82-0.05-0.420.84-0.040.84-0.540.180.840.190.14
-0.70.410.37-0.74-0.35-0.99-0.840.53-0.43-0.35-0.540.020.47-0.73-0.730.230.56-0.51-0.23-0.520.61-0.43-0.51-0.30.32
0.34-0.71-0.790.34-0.350.30.17-0.66-0.5-0.570.03-0.77-0.79-0.040.68-0.63-0.50.550.420.53-0.660.130.530.420.23
0.7-0.38-0.340.74-0.990.30.85-0.540.440.360.550.0-0.430.740.69-0.22-0.520.480.230.48-0.540.440.470.19-0.35
0.74-0.11-0.130.8-0.840.170.85-0.410.640.560.910.16-0.190.950.78-0.29-0.220.41-0.120.41-0.330.440.410.13-0.32
-0.260.470.53-0.270.53-0.66-0.54-0.410.310.36-0.220.630.47-0.1-0.520.520.22-0.28-0.47-0.270.27-0.19-0.270.00.46
0.550.30.380.57-0.43-0.50.440.640.310.990.660.830.310.80.240.40.030.24-0.430.250.00.160.250.0-0.11
0.490.350.430.51-0.35-0.570.360.560.360.990.60.880.380.730.140.470.090.21-0.450.210.080.080.21-0.07-0.1
0.620.140.060.69-0.540.030.550.91-0.220.660.60.250.050.910.69-0.290.060.27-0.370.27-0.10.340.280.07-0.22
0.260.490.570.240.02-0.770.00.160.630.830.880.250.540.38-0.240.730.250.08-0.520.090.29-0.240.09-0.150.02
-0.410.920.95-0.420.47-0.79-0.43-0.190.470.310.380.050.54-0.04-0.640.520.88-0.54-0.33-0.530.85-0.03-0.52-0.28-0.2
0.710.050.040.77-0.73-0.040.740.95-0.10.80.730.910.38-0.040.67-0.15-0.160.34-0.280.34-0.270.440.340.14-0.19
0.77-0.52-0.590.82-0.730.680.690.78-0.520.240.140.69-0.24-0.640.67-0.57-0.530.670.010.66-0.710.30.660.390.05
0.030.390.53-0.050.23-0.63-0.22-0.290.520.40.47-0.290.730.52-0.15-0.570.30.110.010.120.37-0.350.12-0.180.12
-0.390.780.74-0.420.56-0.5-0.52-0.220.220.030.090.060.250.88-0.16-0.530.3-0.45-0.26-0.460.92-0.1-0.43-0.38-0.14
0.89-0.49-0.480.84-0.510.550.480.41-0.280.240.210.270.08-0.540.340.670.11-0.450.181.0-0.61-0.11.00.330.38
0.02-0.35-0.29-0.04-0.230.420.23-0.12-0.47-0.43-0.45-0.37-0.52-0.33-0.280.010.01-0.260.180.18-0.220.190.180.040.02
0.89-0.49-0.470.84-0.520.530.480.41-0.270.250.210.270.09-0.530.340.660.12-0.461.00.18-0.61-0.11.00.330.38
-0.520.690.69-0.540.61-0.66-0.54-0.330.270.00.08-0.10.290.85-0.27-0.710.370.92-0.61-0.22-0.61-0.13-0.59-0.62-0.18
0.13-0.060.060.18-0.430.130.440.44-0.190.160.080.34-0.24-0.030.440.3-0.35-0.1-0.10.19-0.1-0.13-0.10.05-0.1
0.89-0.47-0.470.84-0.510.530.470.41-0.270.250.210.280.09-0.520.340.660.12-0.431.00.181.0-0.59-0.10.320.38
0.18-0.16-0.170.19-0.30.420.190.130.00.0-0.070.07-0.15-0.280.140.39-0.18-0.380.330.040.33-0.620.050.320.12
0.19-0.21-0.20.140.320.23-0.35-0.320.46-0.11-0.1-0.220.02-0.2-0.190.050.12-0.140.380.020.38-0.18-0.10.380.12
Click cells to compare fundamentals

Minco Silver Account Relationship Matchups

Minco Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.3M47.1M48.8M52.5M45.7M66.1M
Other Current Liab465.2K725.5K2.3M1.7M1.2M815.4K
Total Current Liabilities869.7K1.3M2.6M2.2M1.7M1.1M
Total Stockholder Equity46.2M47.0M46.5M49.5M43.7M62.0M
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)
Cash12.6M15.4M5.0M7.5M7.8M12.1M
Cash And Short Term Investments31.5M32.9M33.1M42.5M35.6M38.9M
Net Receivables14.0M10.0M13.3M8.0M8.2M4.5M
Common Stock Shares Outstanding60.7M60.7M60.9M61.0M70.2M54.2M
Short Term Investments18.8M17.4M28.1M35.0M27.8M26.8M
Liabilities And Stockholders Equity46.3M47.1M48.8M52.5M45.7M66.1M
Other Stockholder Equity27.2M27.6M27.7M28.0M28.4M23.9M
Total Liab1.3M1.4M3.6M4.3M3.4M1.8M
Total Current Assets45.9M43.2M46.8M50.8M44.1M43.9M
Short Term Debt152.5K140.2K172.6K213.9K224.2K213.0K
Property Plant And Equipment Net438.0K661.4K1.2M1.3M926.1K879.8K
Accounts Payable252.0K409.1K215.6K210.5K234.5K379.4K
Non Current Assets Total438.0K4.0M2.0M1.7M1.7M1.6M
Non Current Liabilities Total410.3K109.6K967.7K2.1M1.7M1.8M
Other Current Assets378.7K270.6K356.0K348.0K283.5K399.7K
Property Plant And Equipment Gross438.0K661.4K2.7M2.9M2.6M2.5M
Accumulated Other Comprehensive Income1.9M3.3M4.1M3.7M1.5M1.4M
Net Tangible Assets46.2M47.0M46.5M49.5M44.5M62.5M
Property Plant Equipment438.0K661.4K1.2M1.3M1.1M1.1M
Capital Surpluse27.2M27.6M27.7M28.0M32.2M28.7M
Long Term Debt Total214.1K45.6K567.0K780.6K897.7K942.5K
Net Invested Capital46.2M47.0M46.5M49.5M43.7M49.2M
Net Working Capital45.0M41.9M44.2M48.6M42.4M36.2M

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 against Minco Stock

  0.42INFM Infinico Metals CorpPairCorr
  0.37ORE Orezone Gold CorpPairCorr
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.
Pair CorrelationCorrelation Matching

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.