Magna Ev To Sales vs Days Sales Outstanding Analysis

MTT Stock  CAD 0.02  0.01  33.33%   
Magna Terra financial indicator trend analysis is infinitely more than just investigating Magna Terra Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magna Terra Minerals is a good investment. Please check the relationship between Magna Terra Ev To Sales and its Days Sales Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna Terra Minerals. 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.

Ev To Sales vs Days Sales Outstanding

Ev To Sales vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna Terra Minerals Ev To Sales account and Days Sales Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Magna Terra's Ev To Sales and Days Sales Outstanding is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Magna Terra Minerals, assuming nothing else is changed. The correlation between historical values of Magna Terra's Ev To Sales and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Magna Terra Minerals are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ev To Sales i.e., Magna Terra's Ev To Sales and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Days Sales Outstanding

Most indicators from Magna Terra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magna Terra 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 Magna Terra Minerals. 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.
At this time, Magna Terra's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Magna Terra fundamental ratios Correlations

0.530.990.09-0.590.440.660.940.590.530.0-0.550.530.560.280.30.480.610.310.250.04-0.15-0.150.08-0.130.28
0.530.40.62-0.64-0.370.690.470.460.040.7-0.651.00.370.240.890.970.62-0.110.78-0.240.420.420.660.440.77
0.990.4-0.02-0.530.550.60.940.560.56-0.13-0.480.40.540.260.170.340.560.380.130.09-0.24-0.24-0.04-0.230.17
0.090.62-0.02-0.1-0.80.130.16-0.090.340.86-0.470.62-0.130.380.630.58-0.08-0.570.91-0.370.880.880.980.890.65
-0.59-0.64-0.53-0.1-0.11-0.99-0.38-0.82-0.01-0.050.24-0.64-0.79-0.12-0.65-0.67-0.82-0.08-0.280.040.290.29-0.10.28-0.35
0.44-0.370.55-0.8-0.110.130.410.270.08-0.760.18-0.370.27-0.09-0.51-0.340.270.53-0.730.28-0.81-0.81-0.83-0.81-0.46
0.660.690.60.13-0.990.130.460.820.050.08-0.310.690.790.130.660.710.840.10.3-0.05-0.25-0.250.13-0.240.39
0.940.470.940.16-0.380.410.460.310.530.06-0.510.470.250.320.190.420.420.280.25-0.14-0.02-0.020.13-0.010.27
0.590.460.56-0.09-0.820.270.820.310.1-0.1-0.440.460.940.120.470.430.860.170.120.53-0.39-0.39-0.07-0.370.15
0.530.040.560.34-0.010.080.050.530.10.04-0.270.040.20.28-0.09-0.08-0.180.020.320.090.230.230.290.230.18
0.00.7-0.130.86-0.05-0.760.080.06-0.10.04-0.50.7-0.140.260.630.680.04-0.560.78-0.320.90.90.890.910.8
-0.55-0.65-0.48-0.470.240.18-0.31-0.51-0.44-0.27-0.5-0.65-0.34-0.49-0.6-0.59-0.540.04-0.58-0.3-0.39-0.39-0.52-0.42-0.32
0.531.00.40.62-0.64-0.370.690.470.460.040.7-0.650.370.240.890.970.62-0.110.78-0.240.420.420.660.440.77
0.560.370.54-0.13-0.790.270.790.250.940.2-0.14-0.340.370.040.390.340.750.20.10.47-0.39-0.39-0.09-0.370.15
0.280.240.260.38-0.12-0.090.130.320.120.280.26-0.490.240.040.20.240.23-0.070.310.00.260.260.310.270.01
0.30.890.170.63-0.65-0.510.660.190.47-0.090.63-0.60.890.390.20.910.6-0.210.76-0.170.360.360.660.380.58
0.480.970.340.58-0.67-0.340.710.420.43-0.080.68-0.590.970.340.240.910.65-0.180.69-0.320.370.370.60.380.72
0.610.620.56-0.08-0.820.270.840.420.86-0.180.04-0.540.620.750.230.60.650.20.110.24-0.33-0.33-0.04-0.310.19
0.31-0.110.38-0.57-0.080.530.10.280.170.02-0.560.04-0.110.2-0.07-0.21-0.180.2-0.290.16-0.57-0.57-0.57-0.57-0.27
0.250.780.130.91-0.28-0.730.30.250.120.320.78-0.580.780.10.310.760.690.11-0.29-0.260.750.750.920.760.66
0.04-0.240.09-0.370.040.28-0.05-0.140.530.09-0.32-0.3-0.240.470.0-0.17-0.320.240.16-0.26-0.32-0.32-0.33-0.3-0.32
-0.150.42-0.240.880.29-0.81-0.25-0.02-0.390.230.9-0.390.42-0.390.260.360.37-0.33-0.570.75-0.321.00.91.00.62
-0.150.42-0.240.880.29-0.81-0.25-0.02-0.390.230.9-0.390.42-0.390.260.360.37-0.33-0.570.75-0.321.00.91.00.62
0.080.66-0.040.98-0.1-0.830.130.13-0.070.290.89-0.520.66-0.090.310.660.6-0.04-0.570.92-0.330.90.90.90.66
-0.130.44-0.230.890.28-0.81-0.24-0.01-0.370.230.91-0.420.44-0.370.270.380.38-0.31-0.570.76-0.31.01.00.90.61
0.280.770.170.65-0.35-0.460.390.270.150.180.8-0.320.770.150.010.580.720.19-0.270.66-0.320.620.620.660.61
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Magna Terra Account Relationship Matchups

Magna Terra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.6M9.9M698.7K180.6K207.7K197.3K
Total Current Liabilities1.8M824.0K658.0K889.8K1.0M515.4K
Total Stockholder Equity8.7M9.0M40.7K(709.2K)(815.6K)(774.8K)
Property Plant And Equipment Net2.7M3.8M6.7M9.3M10.8M11.3M
Net Debt(3.6M)224.1K(107.9K)(73.4K)(66.0K)(69.3K)
Retained Earnings(4.1M)(4.3M)(13.9M)(14.6M)(13.2M)(12.5M)
Cash3.6M95.0K107.9K73.4K84.4K80.2K
Cash And Short Term Investments3.8M219.8K163.4K89.4K102.8K97.6K
Net Receivables63.5K211.4K99.0K37.4K43.0K68.1K
Common Stock Shares Outstanding46.1M46.5M58.9M68.1M78.3M82.2M
Liabilities And Stockholders Equity10.6M9.9M698.7K180.6K207.7K197.3K
Other Stockholder Equity(527.9K)(1.5M)(1.8M)863.8K777.5K1.5M
Total Liab1.8M824.0K658.0K889.8K1.0M515.4K
Total Current Assets3.9M516.3K698.7K180.6K207.7K197.3K
Other Current Liab866.1K149.6K381.4K477.7K549.4K301.1K
Accounts Payable768.7K309.8K276.6K412.1K473.9K331.8K
Net Tangible Assets2.9M8.7M(339.5K)40.7K46.8K44.4K
Common Stock12.8M13.3M13.0M13.2M15.2M9.5M
Short Term Investments186.4K124.9K55.5K16K14.4K13.7K
Property Plant Equipment2.7M3.8M6.7M9.3M10.8M11.3M
Accumulated Other Comprehensive Income1.5M1.8M863.8K745.9K857.8K853.4K
Net Invested Capital8.8M9.4M40.7K(709.2K)(638.3K)(606.4K)
Net Working Capital2.0M(307.6K)40.7K(709.2K)(638.3K)(606.4K)
Capital Stock12.8M13.3M13.0M13.2M15.2M12.0M

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Additional Tools for Magna Stock Analysis

When running Magna Terra's price analysis, check to measure Magna Terra's 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 Magna Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.