Mantle Total Stockholder Equity vs Other Current Liab 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 Stockholder Equity and its Other Current Liab 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 Stockholder Equity vs Other Current Liab

Total Stockholder Equity vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mantle Minerals Total Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mantle Minerals' Total Stockholder Equity and Other Current Liab is -0.43. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Liab 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 Stockholder Equity and Other Current Liab 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 Stockholder Equity of Mantle Minerals Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Stockholder Equity i.e., Mantle Minerals' Total Stockholder Equity and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Liab

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

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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

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