Mammoth Average Payables vs Ptb Ratio Analysis

MTH Stock  CAD 0.03  0.00  0.00%   
Mammoth Resources financial indicator trend analysis is infinitely more than just investigating Mammoth Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mammoth Resources Corp is a good investment. Please check the relationship between Mammoth Resources Average Payables and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mammoth 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.

Average Payables vs Ptb Ratio

Average Payables vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mammoth Resources Corp Average Payables account and Ptb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mammoth Resources' Average Payables and Ptb Ratio is -0.55. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Mammoth Resources Corp, assuming nothing else is changed. The correlation between historical values of Mammoth Resources' Average Payables and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Mammoth Resources Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Average Payables i.e., Mammoth Resources' Average Payables and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Mammoth Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mammoth 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 Mammoth 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.
Enterprise Value is likely to climb to about 1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 78 K in 2024.

Mammoth Resources fundamental ratios Correlations

0.560.50.580.990.170.310.35-0.66-0.240.120.910.720.860.490.370.41-0.050.610.210.90.560.490.350.20.18
0.560.790.930.430.110.020.210.23-0.19-0.010.210.440.090.490.20.57-0.250.930.640.21.00.340.130.150.12
0.50.790.950.36-0.450.560.720.11-0.70.580.240.430.180.220.710.520.060.950.290.260.790.790.64-0.38-0.47
0.580.930.950.43-0.160.350.520.15-0.510.330.260.490.180.350.510.59-0.081.00.460.270.930.630.44-0.16-0.21
0.990.430.360.430.240.260.27-0.75-0.160.050.950.70.910.480.30.34-0.050.470.150.940.430.40.280.260.25
0.170.11-0.45-0.160.24-0.68-0.67-0.070.66-0.870.120.210.110.26-0.660.16-0.39-0.150.320.120.11-0.6-0.650.690.94
0.310.020.560.350.26-0.680.96-0.37-0.940.910.380.470.46-0.150.970.20.360.35-0.30.450.020.930.98-0.82-0.71
0.350.210.720.520.27-0.670.96-0.24-0.990.910.330.530.4-0.081.00.330.40.52-0.260.410.210.980.94-0.83-0.71
-0.660.230.110.15-0.75-0.07-0.37-0.240.13-0.2-0.9-0.43-0.93-0.28-0.280.16-0.20.110.32-0.890.23-0.29-0.3-0.07-0.08
-0.24-0.19-0.7-0.51-0.160.66-0.94-0.990.13-0.9-0.22-0.5-0.30.12-0.98-0.34-0.4-0.50.26-0.31-0.19-0.96-0.920.890.71
0.12-0.010.580.330.05-0.870.910.91-0.2-0.90.20.160.23-0.090.91-0.050.470.32-0.360.23-0.010.860.87-0.83-0.91
0.910.210.240.260.950.120.380.33-0.9-0.220.20.630.970.50.370.090.090.3-0.040.990.210.440.360.140.13
0.720.440.430.490.70.210.470.53-0.43-0.50.160.630.710.230.540.670.060.510.060.730.440.610.49-0.240.23
0.860.090.180.180.910.110.460.4-0.93-0.30.230.970.710.340.440.170.150.22-0.160.990.090.490.430.010.12
0.490.490.220.350.480.26-0.15-0.08-0.280.12-0.090.50.230.34-0.07-0.240.110.370.20.440.490.05-0.170.350.28
0.370.20.710.510.3-0.660.971.0-0.28-0.980.910.370.540.44-0.070.320.40.51-0.270.440.20.990.94-0.82-0.7
0.410.570.520.590.340.160.20.330.16-0.34-0.050.090.670.17-0.240.32-0.160.60.260.180.570.380.27-0.140.17
-0.05-0.250.06-0.08-0.05-0.390.360.4-0.2-0.40.470.090.060.150.110.4-0.16-0.09-0.790.12-0.250.350.2-0.46-0.4
0.610.930.951.00.47-0.150.350.520.11-0.50.320.30.510.220.370.510.6-0.090.460.310.930.630.44-0.14-0.19
0.210.640.290.460.150.32-0.3-0.260.320.26-0.36-0.040.06-0.160.2-0.270.26-0.790.46-0.080.64-0.16-0.110.440.34
0.90.20.260.270.940.120.450.41-0.89-0.310.230.990.730.990.440.440.180.120.31-0.080.20.510.430.030.13
0.561.00.790.930.430.110.020.210.23-0.19-0.010.210.440.090.490.20.57-0.250.930.640.20.340.130.150.12
0.490.340.790.630.4-0.60.930.98-0.29-0.960.860.440.610.490.050.990.380.350.63-0.160.510.340.92-0.73-0.63
0.350.130.640.440.28-0.650.980.94-0.3-0.920.870.360.490.43-0.170.940.270.20.44-0.110.430.130.92-0.77-0.68
0.20.15-0.38-0.160.260.69-0.82-0.83-0.070.89-0.830.14-0.240.010.35-0.82-0.14-0.46-0.140.440.030.15-0.73-0.770.74
0.180.12-0.47-0.210.250.94-0.71-0.71-0.080.71-0.910.130.230.120.28-0.70.17-0.4-0.190.340.130.12-0.63-0.680.74
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Mammoth Resources Account Relationship Matchups

Mammoth Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M3.1M5.1M242.5K37.4K35.6K
Short Long Term Debt Total252.2K241.0K11.6K14.0K11.3K10.8K
Other Current Liab548.5K468.4K161.6K136.6K360.5K378.5K
Total Current Liabilities800.8K709.3K173.1K150.5K371.8K220.9K
Total Stockholder Equity1.6M2.3M4.8M91.9K(334.4K)(317.7K)
Net Tangible Assets1.6M1.6M2.3M4.8M5.6M5.8M
Property Plant And Equipment Net2.3M2.5M3.7M4.5M5.2M5.4M
Net Debt249.6K(80.7K)(698.4K)(12.3K)1.3K1.4K
Retained Earnings(2.7M)(3.0M)(3.5M)(6.5M)(6.9M)(6.6M)
Accounts Payable185.15115.4K147.6K136.3K360.4K378.5K
Cash2.6K321.7K710.0K26.3K10.0K9.5K
Non Current Assets Total2.4K2.4M2.6M3.9M4.5M0.0
Non Currrent Assets Other135.7K114.1K178.4K(4.5M)(4.1M)(3.8M)
Cash And Short Term Investments2.6K321.7K1.1M222.5K31.6K30.0K
Net Receivables6.1K188.1K61.7K1.7K5.9K5.6K
Common Stock Shares Outstanding32.3M37.0M60.0M67.3M77.4M81.3M
Liabilities And Stockholders Equity2.4M3.1M5.1M242.5K37.4K35.6K
Other Current Assets32.4K188.138.4K18.3K5.895.6
Other Stockholder Equity1.0235.1K404.9K472.9K543.9K571.1K
Total Liab850.8K759.3K223.1K150.5K371.8K235.9K
Short Long Term Debt252.2K241.0K11.6K14.2K11.4K10.8K
Total Current Assets41.1K509.8K1.2M242.5K37.4K35.6K
Accumulated Other Comprehensive Income242.2172.2K235.1K1.7M2.0M2.1M
Short Term Debt252.2K241.0K11.6K14.0K11.3K10.8K
Common Stock4.1M5.1M6.2M6.1M7.0M7.4M
Property Plant Equipment2.3M2.3M2.4M3.7M4.3M4.5M
Other Assets135.7K0.01.0(4.5M)(4.1M)(3.8M)
Net Invested Capital1.8M2.6M4.8M106.2K(323.0K)(306.8K)
Net Working Capital(759.7K)(199.5K)1.0M91.9K(334.4K)(351.1K)
Capital Stock4.1M5.1M6.2M6.1M7.0M5.8M

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