Mantle Inventory vs Accounts Payable 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 Inventory and its Accounts Payable 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.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mantle Minerals Inventory account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Mantle Minerals' Inventory and Accounts Payable is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable 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' Inventory and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Mantle Minerals Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Inventory i.e., Mantle Minerals' Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Mantle Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mantle Minerals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Other Stockholder Equity	Short Term Investments	Intangible Assets
Total Assets		-0.04	-0.19	0.58	0.95	0.91	-0.82	0.69	0.85	0.92	0.91	-0.17	0.87	0.68	-0.19	0.97	0.98	-0.25	0.85	0.96	0.08	-0.62	-0.01	-0.06	-0.09	-0.37
Short Long Term Debt Total	-0.04		0.0	0.1	-0.09	0.18	0.28	0.5	0.04	-0.15	0.18	0.78	-0.31	0.12	-0.89	0.03	-0.03	0.25	0.06	-0.19	0.1	-0.43	0.66	-0.39	-0.61	-0.61
Other Current Liab	-0.19	0.0		0.63	-0.43	-0.29	0.47	0.28	0.29	-0.16	-0.29	-0.48	-0.15	0.54	0.07	-0.14	-0.17	-0.16	0.27	-0.11	0.8	-0.39	0.09	0.23	0.06	0.47
Total Current Liabilities	0.58	0.1	0.63		0.31	0.5	-0.15	0.75	0.87	0.51	0.49	-0.45	0.42	0.91	-0.19	0.63	0.6	-0.26	0.91	0.56	0.77	-0.79	0.24	0.0	-0.06	0.1
Total Stockholder Equity	0.95	-0.09	-0.43	0.31		0.87	-0.9	0.53	0.67	0.88	0.87	-0.03	0.88	0.47	-0.13	0.88	0.91	-0.22	0.65	0.92	-0.19	-0.43	-0.09	-0.04	-0.06	-0.45
Property Plant And Equipment Net	0.91	0.18	-0.29	0.5	0.87		-0.7	0.7	0.79	0.78	1.0	0.08	0.65	0.59	-0.38	0.93	0.92	-0.28	0.77	0.79	-0.06	-0.62	0.25	-0.26	-0.23	-0.44
Net Debt	-0.82	0.28	0.47	-0.15	-0.9	-0.7		-0.35	-0.54	-0.91	-0.7	0.11	-0.8	-0.34	-0.08	-0.76	-0.8	0.13	-0.5	-0.82	0.28	0.29	0.36	0.02	-0.01	0.4
Retained Earnings	0.69	0.5	0.28	0.75	0.53	0.7	-0.35		0.85	0.61	0.7	0.1	0.44	0.88	-0.63	0.75	0.72	-0.13	0.81	0.61	0.44	-0.96	0.27	-0.28	-0.42	-0.51
Accounts Payable	0.85	0.04	0.29	0.87	0.67	0.79	-0.54	0.85		0.78	0.79	-0.3	0.66	0.95	-0.2	0.88	0.86	-0.34	0.96	0.81	0.44	-0.86	0.12	-0.15	-0.04	-0.18
Cash	0.92	-0.15	-0.16	0.51	0.88	0.78	-0.91	0.61	0.78		0.78	-0.26	0.86	0.64	-0.07	0.91	0.92	-0.11	0.78	0.93	0.11	-0.56	-0.23	0.02	-0.11	-0.37
Non Current Assets Total	0.91	0.18	-0.29	0.49	0.87	1.0	-0.7	0.7	0.79	0.78		0.08	0.65	0.59	-0.38	0.93	0.92	-0.28	0.77	0.79	-0.06	-0.62	0.25	-0.25	-0.23	-0.44
Non Currrent Assets Other	-0.17	0.78	-0.48	-0.45	-0.03	0.08	0.11	0.1	-0.3	-0.26	0.08		-0.34	-0.32	-0.61	-0.17	-0.2	0.18	-0.37	-0.31	-0.52	-0.02	0.47	-0.42	-0.36	-0.67
Cash And Short Term Investments	0.87	-0.31	-0.15	0.42	0.88	0.65	-0.8	0.44	0.66	0.86	0.65	-0.34		0.54	0.12	0.78	0.82	-0.24	0.66	0.97	0.06	-0.38	-0.27	0.29	0.14	-0.25
Net Receivables	0.68	0.12	0.54	0.91	0.47	0.59	-0.34	0.88	0.95	0.64	0.59	-0.32	0.54		-0.23	0.72	0.7	-0.28	0.9	0.68	0.61	-0.9	0.12	-0.06	-0.09	-0.13
Common Stock Shares Outstanding	-0.19	-0.89	0.07	-0.19	-0.13	-0.38	-0.08	-0.63	-0.2	-0.07	-0.38	-0.61	0.12	-0.23		-0.3	-0.24	-0.28	-0.25	-0.03	-0.17	0.51	-0.49	0.41	0.82	0.67
Non Current Liabilities Total	0.97	0.03	-0.14	0.63	0.88	0.93	-0.76	0.75	0.88	0.91	0.93	-0.17	0.78	0.72	-0.3		1.0	-0.21	0.9	0.91	0.18	-0.68	0.05	-0.17	-0.2	-0.41
Inventory	0.98	-0.03	-0.17	0.6	0.91	0.92	-0.8	0.72	0.86	0.92	0.92	-0.2	0.82	0.7	-0.24	1.0		-0.2	0.88	0.93	0.14	-0.65	-0.03	-0.14	-0.17	-0.4
Other Current Assets	-0.25	0.25	-0.16	-0.26	-0.22	-0.28	0.13	-0.13	-0.34	-0.11	-0.28	0.18	-0.24	-0.28	-0.28	-0.21	-0.2		-0.24	-0.25	0.15	0.19	-0.26	0.09	-0.46	-0.21
Total Liab	0.85	0.06	0.27	0.91	0.65	0.77	-0.5	0.81	0.96	0.78	0.77	-0.37	0.66	0.9	-0.25	0.9	0.88	-0.24		0.81	0.54	-0.8	0.14	-0.09	-0.13	-0.15
Total Current Assets	0.96	-0.19	-0.11	0.56	0.92	0.79	-0.82	0.61	0.81	0.93	0.79	-0.31	0.97	0.68	-0.03	0.91	0.93	-0.25	0.81		0.14	-0.55	-0.17	0.12	0.03	-0.32
Short Term Debt	0.08	0.1	0.8	0.77	-0.19	-0.06	0.28	0.44	0.44	0.11	-0.06	-0.52	0.06	0.61	-0.17	0.18	0.14	0.15	0.54	0.14		-0.5	0.01	0.13	-0.15	0.24
Common Stock	-0.62	-0.43	-0.39	-0.79	-0.43	-0.62	0.29	-0.96	-0.86	-0.56	-0.62	-0.02	-0.38	-0.9	0.51	-0.68	-0.65	0.19	-0.8	-0.55	-0.5		-0.26	0.31	0.28	0.4
Current Deferred Revenue	-0.01	0.66	0.09	0.24	-0.09	0.25	0.36	0.27	0.12	-0.23	0.25	0.47	-0.27	0.12	-0.49	0.05	-0.03	-0.26	0.14	-0.17	0.01	-0.26		-0.17	-0.22	-0.16
Other Stockholder Equity	-0.06	-0.39	0.23	0.0	-0.04	-0.26	0.02	-0.28	-0.15	0.02	-0.25	-0.42	0.29	-0.06	0.41	-0.17	-0.14	0.09	-0.09	0.12	0.13	0.31	-0.17		0.06	0.4
Short Term Investments	-0.09	-0.61	0.06	-0.06	-0.06	-0.23	-0.01	-0.42	-0.04	-0.11	-0.23	-0.36	0.14	-0.09	0.82	-0.2	-0.17	-0.46	-0.13	0.03	-0.15	0.28	-0.22	0.06		0.45
Intangible Assets	-0.37	-0.61	0.47	0.1	-0.45	-0.44	0.4	-0.51	-0.18	-0.37	-0.44	-0.67	-0.25	-0.13	0.67	-0.41	-0.4	-0.21	-0.15	-0.32	0.24	0.4	-0.16	0.4	0.45

Click cells to compare fundamentals

Mantle Minerals Account Relationship Matchups

Mantle Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	347.8K	1.7M	1.7M	3.0M	905.4K	860.2K
Short Long Term Debt Total	1.2M	400K	177.0K	3.1K	2.8K	2.7K
Other Current Liab	318.4K	354.8K	289.0K	323.2K	395.3K	375.5K
Total Current Liabilities	372.7K	406.7K	501.0K	467.8K	871.5K	827.9K
Total Stockholder Equity	(24.9K)	1.3M	1.0M	2.5M	34.0K	32.3K
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 Payable	54.2K	51.9K	175.7K	141.5K	476.2K	452.4K
Cash	319.8K	1.6M	1.3M	360.2K	777.1K	738.2K
Cash And Short Term Investments	319.8K	1.6M	1.3M	2.9M	777.1K	738.2K
Net Receivables	21.9K	27.9K	76.5K	50.3K	94.7K	90.0K
Common Stock Shares Outstanding	2.6B	3.9B	4.4B	5.3B	6.2B	6.5B
Liabilities And Stockholders Equity	347.8K	1.7M	1.7M	3.0M	905.4K	860.2K
Non Current Liabilities Total	277.3K	151.1K	54.2K	140.7K	140.7K	0.0
Inventory	4.2K	10.4K	52.2K	1.0K	(91.9K)	(87.3K)
Other Current Assets	6.0K	12.2K	52.9K	1.8K	3.6K	3.4K
Total Liab	372.7K	406.7K	641.7K	467.8K	871.5K	827.9K
Total Current Assets	347.8K	1.7M	1.4M	3.0M	875.3K	831.5K
Short Term Debt	400K	0.0	36.3K	3.1K	3.6K	3.8K
Common Stock	86.8M	89.6M	93.2M	97.5M	97.6M	68.2M
Accumulated Other Comprehensive Income	2.1M	2.1M	3.2M	3.6M	4.1M	4.3M
Net Tangible Assets	(24.9K)	1.3M	1.0M	2.5M	2.9M	3.0M
Net Invested Capital	(24.9K)	1.3M	1.0M	2.5M	34.0K	32.3K
Capital Stock	86.8M	89.6M	93.2M	97.5M	97.6M	101.0M
Net Working Capital	(24.9K)	1.3M	913.6K	2.5M	3.8K	3.7K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC