Mantle Non Currrent Assets Other vs Total Assets 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 Non Currrent Assets Other and its Total Assets 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.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mantle Minerals Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mantle Minerals' Non Currrent Assets Other and Total Assets is -0.17. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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' Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Mantle Minerals Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Mantle Minerals' Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of Mantle Minerals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mantle Minerals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.