Mantle Inventory vs Net Receivables 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 Net Receivables 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 Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mantle Minerals Inventory account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mantle Minerals' Inventory and Net Receivables is 0.7. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables 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 Net Receivables 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 Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Mantle Minerals' Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Net Receivables
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
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Mantle Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.