Mantle Current Deferred Revenue vs Total Current Liabilities Analysis

MTL Stock   0  0.0005  50.00%   
Mantle Minerals financial indicator trend analysis is infinitely more than just investigating Mantle Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mantle Minerals is a good investment. Please check the relationship between Mantle Minerals Current Deferred Revenue and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mantle Minerals Limited. 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.

Current Deferred Revenue vs Total Current Liabilities

Current Deferred Revenue vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mantle Minerals Current Deferred Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mantle Minerals' Current Deferred Revenue and Total Current Liabilities is 0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Mantle Minerals Limited, assuming nothing else is changed. The correlation between historical values of Mantle Minerals' Current Deferred Revenue and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Mantle Minerals Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Current Deferred Revenue i.e., Mantle Minerals' Current Deferred Revenue and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Current Liabilities

Total Current Liabilities is an item on Mantle Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mantle Minerals Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Mantle Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mantle Minerals 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 Mantle Minerals Limited. 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.
Selling General Administrative is likely to gain to about 900.2 K in 2024, whereas Discontinued Operations is likely to drop (12 K) in 2024.

Mantle Minerals fundamental ratios Correlations

-0.04-0.190.580.950.91-0.820.690.850.920.91-0.170.870.68-0.190.970.98-0.250.850.960.08-0.62-0.01-0.06-0.09-0.37
-0.040.00.1-0.090.180.280.50.04-0.150.180.78-0.310.12-0.890.03-0.030.250.06-0.190.1-0.430.66-0.39-0.61-0.61
-0.190.00.63-0.43-0.290.470.280.29-0.16-0.29-0.48-0.150.540.07-0.14-0.17-0.160.27-0.110.8-0.390.090.230.060.47
0.580.10.630.310.5-0.150.750.870.510.49-0.450.420.91-0.190.630.6-0.260.910.560.77-0.790.240.0-0.060.1
0.95-0.09-0.430.310.87-0.90.530.670.880.87-0.030.880.47-0.130.880.91-0.220.650.92-0.19-0.43-0.09-0.04-0.06-0.45
0.910.18-0.290.50.87-0.70.70.790.781.00.080.650.59-0.380.930.92-0.280.770.79-0.06-0.620.25-0.26-0.23-0.44
-0.820.280.47-0.15-0.9-0.7-0.35-0.54-0.91-0.70.11-0.8-0.34-0.08-0.76-0.80.13-0.5-0.820.280.290.360.02-0.010.4
0.690.50.280.750.530.7-0.350.850.610.70.10.440.88-0.630.750.72-0.130.810.610.44-0.960.27-0.28-0.42-0.51
0.850.040.290.870.670.79-0.540.850.780.79-0.30.660.95-0.20.880.86-0.340.960.810.44-0.860.12-0.15-0.04-0.18
0.92-0.15-0.160.510.880.78-0.910.610.780.78-0.260.860.64-0.070.910.92-0.110.780.930.11-0.56-0.230.02-0.11-0.37
0.910.18-0.290.490.871.0-0.70.70.790.780.080.650.59-0.380.930.92-0.280.770.79-0.06-0.620.25-0.25-0.23-0.44
-0.170.78-0.48-0.45-0.030.080.110.1-0.3-0.260.08-0.34-0.32-0.61-0.17-0.20.18-0.37-0.31-0.52-0.020.47-0.42-0.36-0.67
0.87-0.31-0.150.420.880.65-0.80.440.660.860.65-0.340.540.120.780.82-0.240.660.970.06-0.38-0.270.290.14-0.25
0.680.120.540.910.470.59-0.340.880.950.640.59-0.320.54-0.230.720.7-0.280.90.680.61-0.90.12-0.06-0.09-0.13
-0.19-0.890.07-0.19-0.13-0.38-0.08-0.63-0.2-0.07-0.38-0.610.12-0.23-0.3-0.24-0.28-0.25-0.03-0.170.51-0.490.410.820.67
0.970.03-0.140.630.880.93-0.760.750.880.910.93-0.170.780.72-0.31.0-0.210.90.910.18-0.680.05-0.17-0.2-0.41
0.98-0.03-0.170.60.910.92-0.80.720.860.920.92-0.20.820.7-0.241.0-0.20.880.930.14-0.65-0.03-0.14-0.17-0.4
-0.250.25-0.16-0.26-0.22-0.280.13-0.13-0.34-0.11-0.280.18-0.24-0.28-0.28-0.21-0.2-0.24-0.250.150.19-0.260.09-0.46-0.21
0.850.060.270.910.650.77-0.50.810.960.780.77-0.370.660.9-0.250.90.88-0.240.810.54-0.80.14-0.09-0.13-0.15
0.96-0.19-0.110.560.920.79-0.820.610.810.930.79-0.310.970.68-0.030.910.93-0.250.810.14-0.55-0.170.120.03-0.32
0.080.10.80.77-0.19-0.060.280.440.440.11-0.06-0.520.060.61-0.170.180.140.150.540.14-0.50.010.13-0.150.24
-0.62-0.43-0.39-0.79-0.43-0.620.29-0.96-0.86-0.56-0.62-0.02-0.38-0.90.51-0.68-0.650.19-0.8-0.55-0.5-0.260.310.280.4
-0.010.660.090.24-0.090.250.360.270.12-0.230.250.47-0.270.12-0.490.05-0.03-0.260.14-0.170.01-0.26-0.17-0.22-0.16
-0.06-0.390.230.0-0.04-0.260.02-0.28-0.150.02-0.25-0.420.29-0.060.41-0.17-0.140.09-0.090.120.130.31-0.170.060.4
-0.09-0.610.06-0.06-0.06-0.23-0.01-0.42-0.04-0.11-0.23-0.360.14-0.090.82-0.2-0.17-0.46-0.130.03-0.150.28-0.220.060.45
-0.37-0.610.470.1-0.45-0.440.4-0.51-0.18-0.37-0.44-0.67-0.25-0.130.67-0.41-0.4-0.21-0.15-0.320.240.4-0.160.40.45
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Mantle Minerals Account Relationship Matchups

Mantle Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets347.8K1.7M1.7M3.0M905.4K860.2K
Short Long Term Debt Total1.2M400K177.0K3.1K2.8K2.7K
Other Current Liab318.4K354.8K289.0K323.2K395.3K375.5K
Total Current Liabilities372.7K406.7K501.0K467.8K871.5K827.9K
Total Stockholder Equity(24.9K)1.3M1.0M2.5M34.0K32.3K
Net Debt(319.8K)(1.6M)(1.1M)(357.1K)(777.1K)(815.9K)
Retained Earnings(89.0M)(91.5M)(95.8M)(98.5M)(101.1M)(96.0M)
Accounts Payable54.2K51.9K175.7K141.5K476.2K452.4K
Cash319.8K1.6M1.3M360.2K777.1K738.2K
Cash And Short Term Investments319.8K1.6M1.3M2.9M777.1K738.2K
Net Receivables21.9K27.9K76.5K50.3K94.7K90.0K
Common Stock Shares Outstanding2.6B3.9B4.4B5.3B6.2B6.5B
Liabilities And Stockholders Equity347.8K1.7M1.7M3.0M905.4K860.2K
Non Current Liabilities Total277.3K151.1K54.2K140.7K140.7K0.0
Inventory4.2K10.4K52.2K1.0K(91.9K)(87.3K)
Other Current Assets6.0K12.2K52.9K1.8K3.6K3.4K
Total Liab372.7K406.7K641.7K467.8K871.5K827.9K
Total Current Assets347.8K1.7M1.4M3.0M875.3K831.5K
Short Term Debt400K0.036.3K3.1K3.6K3.8K
Common Stock86.8M89.6M93.2M97.5M97.6M68.2M
Accumulated Other Comprehensive Income2.1M2.1M3.2M3.6M4.1M4.3M
Net Tangible Assets(24.9K)1.3M1.0M2.5M2.9M3.0M
Net Invested Capital(24.9K)1.3M1.0M2.5M34.0K32.3K
Capital Stock86.8M89.6M93.2M97.5M97.6M101.0M
Net Working Capital(24.9K)1.3M913.6K2.5M3.8K3.7K

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Additional Tools for Mantle Stock Analysis

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