Magna Total Assets vs Short Long Term Debt 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 Total Assets and its Short Long Term Debt 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.

Total Assets vs Short Long Term Debt

Total Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna Terra Minerals Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Magna Terra's Total Assets and Short Long Term Debt is -0.15. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt 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 Total Assets and Short Long Term Debt 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 Assets of Magna Terra Minerals are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Magna Terra's Total Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Assets

Total assets refers to the total amount of Magna Terra 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 Magna Terra 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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Other Current Liab	Accounts Payable	Net Tangible Assets	Intangible Assets	Common Stock	Short Term Investments	Short Long Term Debt	Short Term Debt	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.53	0.99	0.09	-0.59	0.44	0.66	0.94	0.59	0.53	0.0	-0.55	0.53	0.56	0.28	0.3	0.48	0.61	0.31	0.25	0.04	-0.15	-0.15	0.08	-0.13	0.28
Total Current Liabilities	0.53		0.4	0.62	-0.64	-0.37	0.69	0.47	0.46	0.04	0.7	-0.65	1.0	0.37	0.24	0.89	0.97	0.62	-0.11	0.78	-0.24	0.42	0.42	0.66	0.44	0.77
Total Stockholder Equity	0.99	0.4		-0.02	-0.53	0.55	0.6	0.94	0.56	0.56	-0.13	-0.48	0.4	0.54	0.26	0.17	0.34	0.56	0.38	0.13	0.09	-0.24	-0.24	-0.04	-0.23	0.17
Property Plant And Equipment Net	0.09	0.62	-0.02		-0.1	-0.8	0.13	0.16	-0.09	0.34	0.86	-0.47	0.62	-0.13	0.38	0.63	0.58	-0.08	-0.57	0.91	-0.37	0.88	0.88	0.98	0.89	0.65
Net Debt	-0.59	-0.64	-0.53	-0.1		-0.11	-0.99	-0.38	-0.82	-0.01	-0.05	0.24	-0.64	-0.79	-0.12	-0.65	-0.67	-0.82	-0.08	-0.28	0.04	0.29	0.29	-0.1	0.28	-0.35
Retained Earnings	0.44	-0.37	0.55	-0.8	-0.11		0.13	0.41	0.27	0.08	-0.76	0.18	-0.37	0.27	-0.09	-0.51	-0.34	0.27	0.53	-0.73	0.28	-0.81	-0.81	-0.83	-0.81	-0.46
Cash	0.66	0.69	0.6	0.13	-0.99	0.13		0.46	0.82	0.05	0.08	-0.31	0.69	0.79	0.13	0.66	0.71	0.84	0.1	0.3	-0.05	-0.25	-0.25	0.13	-0.24	0.39
Non Current Assets Total	0.94	0.47	0.94	0.16	-0.38	0.41	0.46		0.31	0.53	0.06	-0.51	0.47	0.25	0.32	0.19	0.42	0.42	0.28	0.25	-0.14	-0.02	-0.02	0.13	-0.01	0.27
Cash And Short Term Investments	0.59	0.46	0.56	-0.09	-0.82	0.27	0.82	0.31		0.1	-0.1	-0.44	0.46	0.94	0.12	0.47	0.43	0.86	0.17	0.12	0.53	-0.39	-0.39	-0.07	-0.37	0.15
Net Receivables	0.53	0.04	0.56	0.34	-0.01	0.08	0.05	0.53	0.1		0.04	-0.27	0.04	0.2	0.28	-0.09	-0.08	-0.18	0.02	0.32	0.09	0.23	0.23	0.29	0.23	0.18
Common Stock Shares Outstanding	0.0	0.7	-0.13	0.86	-0.05	-0.76	0.08	0.06	-0.1	0.04		-0.5	0.7	-0.14	0.26	0.63	0.68	0.04	-0.56	0.78	-0.32	0.9	0.9	0.89	0.91	0.8
Other Stockholder Equity	-0.55	-0.65	-0.48	-0.47	0.24	0.18	-0.31	-0.51	-0.44	-0.27	-0.5		-0.65	-0.34	-0.49	-0.6	-0.59	-0.54	0.04	-0.58	-0.3	-0.39	-0.39	-0.52	-0.42	-0.32
Total Liab	0.53	1.0	0.4	0.62	-0.64	-0.37	0.69	0.47	0.46	0.04	0.7	-0.65		0.37	0.24	0.89	0.97	0.62	-0.11	0.78	-0.24	0.42	0.42	0.66	0.44	0.77
Total Current Assets	0.56	0.37	0.54	-0.13	-0.79	0.27	0.79	0.25	0.94	0.2	-0.14	-0.34	0.37		0.04	0.39	0.34	0.75	0.2	0.1	0.47	-0.39	-0.39	-0.09	-0.37	0.15
Non Currrent Assets Other	0.28	0.24	0.26	0.38	-0.12	-0.09	0.13	0.32	0.12	0.28	0.26	-0.49	0.24	0.04		0.2	0.24	0.23	-0.07	0.31	0.0	0.26	0.26	0.31	0.27	0.01
Other Current Liab	0.3	0.89	0.17	0.63	-0.65	-0.51	0.66	0.19	0.47	-0.09	0.63	-0.6	0.89	0.39	0.2		0.91	0.6	-0.21	0.76	-0.17	0.36	0.36	0.66	0.38	0.58
Accounts Payable	0.48	0.97	0.34	0.58	-0.67	-0.34	0.71	0.42	0.43	-0.08	0.68	-0.59	0.97	0.34	0.24	0.91		0.65	-0.18	0.69	-0.32	0.37	0.37	0.6	0.38	0.72
Net Tangible Assets	0.61	0.62	0.56	-0.08	-0.82	0.27	0.84	0.42	0.86	-0.18	0.04	-0.54	0.62	0.75	0.23	0.6	0.65		0.2	0.11	0.24	-0.33	-0.33	-0.04	-0.31	0.19
Intangible Assets	0.31	-0.11	0.38	-0.57	-0.08	0.53	0.1	0.28	0.17	0.02	-0.56	0.04	-0.11	0.2	-0.07	-0.21	-0.18	0.2		-0.29	0.16	-0.57	-0.57	-0.57	-0.57	-0.27
Common Stock	0.25	0.78	0.13	0.91	-0.28	-0.73	0.3	0.25	0.12	0.32	0.78	-0.58	0.78	0.1	0.31	0.76	0.69	0.11	-0.29		-0.26	0.75	0.75	0.92	0.76	0.66
Short Term Investments	0.04	-0.24	0.09	-0.37	0.04	0.28	-0.05	-0.14	0.53	0.09	-0.32	-0.3	-0.24	0.47	0.0	-0.17	-0.32	0.24	0.16	-0.26		-0.32	-0.32	-0.33	-0.3	-0.32
Short Long Term Debt	-0.15	0.42	-0.24	0.88	0.29	-0.81	-0.25	-0.02	-0.39	0.23	0.9	-0.39	0.42	-0.39	0.26	0.36	0.37	-0.33	-0.57	0.75	-0.32		1.0	0.9	1.0	0.62
Short Term Debt	-0.15	0.42	-0.24	0.88	0.29	-0.81	-0.25	-0.02	-0.39	0.23	0.9	-0.39	0.42	-0.39	0.26	0.36	0.37	-0.33	-0.57	0.75	-0.32	1.0		0.9	1.0	0.62
Property Plant Equipment	0.08	0.66	-0.04	0.98	-0.1	-0.83	0.13	0.13	-0.07	0.29	0.89	-0.52	0.66	-0.09	0.31	0.66	0.6	-0.04	-0.57	0.92	-0.33	0.9	0.9		0.9	0.66
Short Long Term Debt Total	-0.13	0.44	-0.23	0.89	0.28	-0.81	-0.24	-0.01	-0.37	0.23	0.91	-0.42	0.44	-0.37	0.27	0.38	0.38	-0.31	-0.57	0.76	-0.3	1.0	1.0	0.9		0.61
Current Deferred Revenue	0.28	0.77	0.17	0.65	-0.35	-0.46	0.39	0.27	0.15	0.18	0.8	-0.32	0.77	0.15	0.01	0.58	0.72	0.19	-0.27	0.66	-0.32	0.62	0.62	0.66	0.61

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Magna Terra Account Relationship Matchups

Magna Terra fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.6M	9.9M	698.7K	180.6K	207.7K	197.3K
Total Current Liabilities	1.8M	824.0K	658.0K	889.8K	1.0M	515.4K
Total Stockholder Equity	8.7M	9.0M	40.7K	(709.2K)	(815.6K)	(774.8K)
Property Plant And Equipment Net	2.7M	3.8M	6.7M	9.3M	10.8M	11.3M
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)
Cash	3.6M	95.0K	107.9K	73.4K	84.4K	80.2K
Cash And Short Term Investments	3.8M	219.8K	163.4K	89.4K	102.8K	97.6K
Net Receivables	63.5K	211.4K	99.0K	37.4K	43.0K	68.1K
Common Stock Shares Outstanding	46.1M	46.5M	58.9M	68.1M	78.3M	82.2M
Liabilities And Stockholders Equity	10.6M	9.9M	698.7K	180.6K	207.7K	197.3K
Other Stockholder Equity	(527.9K)	(1.5M)	(1.8M)	863.8K	777.5K	1.5M
Total Liab	1.8M	824.0K	658.0K	889.8K	1.0M	515.4K
Total Current Assets	3.9M	516.3K	698.7K	180.6K	207.7K	197.3K
Other Current Liab	866.1K	149.6K	381.4K	477.7K	549.4K	301.1K
Accounts Payable	768.7K	309.8K	276.6K	412.1K	473.9K	331.8K
Net Tangible Assets	2.9M	8.7M	(339.5K)	40.7K	46.8K	44.4K
Common Stock	12.8M	13.3M	13.0M	13.2M	15.2M	9.5M
Short Term Investments	186.4K	124.9K	55.5K	16K	14.4K	13.7K
Property Plant Equipment	2.7M	3.8M	6.7M	9.3M	10.8M	11.3M
Accumulated Other Comprehensive Income	1.5M	1.8M	863.8K	745.9K	857.8K	853.4K
Net Invested Capital	8.8M	9.4M	40.7K	(709.2K)	(638.3K)	(606.4K)
Net Working Capital	2.0M	(307.6K)	40.7K	(709.2K)	(638.3K)	(606.4K)
Capital Stock	12.8M	13.3M	13.0M	13.2M	15.2M	12.0M

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