Mantle Total Liab 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 Total Liab 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.
Total Liab vs Total Current Liabilities
Total Liab 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 Total Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mantle Minerals' Total Liab and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Total Liab 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' Total Liab 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 Total Liab 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 Total Liab i.e., Mantle Minerals' Total Liab and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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
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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.