Minerals Total Revenue vs Total Current Assets Analysis

MTX Stock  USD 77.25  0.60  0.78%   
Minerals Technologies financial indicator trend analysis is infinitely more than just investigating Minerals Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minerals Technologies is a good investment. Please check the relationship between Minerals Technologies Total Revenue and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerals Technologies Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Minerals Technologies' Total Revenue and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Minerals Technologies, assuming nothing else is changed. The correlation between historical values of Minerals Technologies' Total Revenue and Total Current 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 Total Revenue of Minerals Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Minerals Technologies' Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Minerals Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Minerals Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minerals Technologies 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 Minerals Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.At this time, Minerals Technologies' Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 27.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 124.8 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit465M2.2B2.5B2.6B
Total Revenue2.1B2.2B2.5B2.6B

Minerals Technologies fundamental ratios Correlations

0.930.720.880.870.860.850.880.96-0.120.990.58-0.140.83-0.730.890.930.73-0.710.940.810.840.160.710.560.68
0.930.710.760.640.910.970.650.83-0.330.960.54-0.350.8-0.540.980.790.57-0.510.990.730.630.050.680.360.58
0.720.710.60.540.780.650.550.690.130.710.720.110.85-0.610.720.650.69-0.650.740.420.62-0.050.560.520.61
0.880.760.60.890.640.690.910.89-0.160.840.36-0.170.63-0.630.630.970.78-0.650.730.870.810.580.40.510.63
0.870.640.540.890.580.521.00.910.120.790.40.10.65-0.780.560.950.76-0.790.640.830.930.390.520.680.66
0.860.910.780.640.580.910.580.75-0.240.910.62-0.260.94-0.510.930.70.53-0.480.930.550.53-0.040.840.490.46
0.850.970.650.690.520.910.530.72-0.520.920.48-0.540.75-0.350.950.710.49-0.330.960.650.460.090.660.260.46
0.880.650.550.911.00.580.530.920.110.80.390.10.65-0.790.570.960.77-0.80.660.840.930.390.510.670.69
0.960.830.690.890.910.750.720.920.020.910.530.010.79-0.830.780.930.78-0.810.840.810.910.20.610.590.69
-0.12-0.330.13-0.160.12-0.24-0.520.110.02-0.260.111.00.07-0.54-0.28-0.110.06-0.53-0.28-0.130.35-0.32-0.080.380.17
0.990.960.710.840.790.910.920.80.91-0.260.58-0.280.84-0.620.930.890.68-0.60.970.770.740.150.750.490.62
0.580.540.720.360.40.620.480.390.530.110.580.090.64-0.440.640.430.66-0.480.620.130.48-0.220.570.240.52
-0.14-0.350.11-0.170.1-0.26-0.540.10.011.0-0.280.090.04-0.53-0.3-0.120.05-0.51-0.3-0.150.34-0.32-0.090.370.16
0.830.80.850.630.650.940.750.650.790.070.840.640.04-0.690.820.70.57-0.670.840.530.66-0.070.790.690.5
-0.73-0.54-0.61-0.63-0.78-0.51-0.35-0.79-0.83-0.54-0.62-0.44-0.53-0.69-0.53-0.69-0.560.96-0.57-0.6-0.930.07-0.5-0.72-0.64
0.890.980.720.630.560.930.950.570.78-0.280.930.64-0.30.82-0.530.70.51-0.490.990.60.58-0.140.760.340.55
0.930.790.650.970.950.70.710.960.93-0.110.890.43-0.120.7-0.690.70.81-0.720.780.870.870.430.520.580.7
0.730.570.690.780.760.530.490.770.780.060.680.660.050.57-0.560.510.81-0.660.590.560.740.340.370.270.69
-0.71-0.51-0.65-0.65-0.79-0.48-0.33-0.8-0.81-0.53-0.6-0.48-0.51-0.670.96-0.49-0.72-0.66-0.55-0.55-0.920.01-0.46-0.68-0.67
0.940.990.740.730.640.930.960.660.84-0.280.970.62-0.30.84-0.570.990.780.59-0.550.680.65-0.020.740.390.59
0.810.730.420.870.830.550.650.840.81-0.130.770.13-0.150.53-0.60.60.870.56-0.550.680.770.440.330.490.62
0.840.630.620.810.930.530.460.930.910.350.740.480.340.66-0.930.580.870.74-0.920.650.770.160.440.680.74
0.160.05-0.050.580.39-0.040.090.390.2-0.320.15-0.22-0.32-0.070.07-0.140.430.340.01-0.020.440.16-0.220.10.02
0.710.680.560.40.520.840.660.510.61-0.080.750.57-0.090.79-0.50.760.520.37-0.460.740.330.44-0.220.470.34
0.560.360.520.510.680.490.260.670.590.380.490.240.370.69-0.720.340.580.27-0.680.390.490.680.10.470.33
0.680.580.610.630.660.460.460.690.690.170.620.520.160.5-0.640.550.70.69-0.670.590.620.740.020.340.33
Click cells to compare fundamentals

Minerals Technologies Account Relationship Matchups

Minerals Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.2B3.4B3.4B3.3B3.8B4.0B
Short Long Term Debt Total934.2M1.0B1.1B1.1B1.2B1.3B
Other Current Liab137.8M142.9M179.6M137.7M158.4M80.7M
Total Current Liabilities295.2M419.8M498.3M457.3M525.9M552.2M
Total Stockholder Equity1.5B1.5B1.6B1.7B1.9B2.0B
Property Plant And Equipment Net1.0B1.0B1.1B1.0B1.2B709.0M
Net Debt566.5M717.5M815.1M748.7M861.0M904.1M
Retained Earnings2.0B2.2B2.3B2.4B2.7B2.9B
Accounts Payable148.3M196.1M193.8M188.7M217.0M227.9M
Cash367.7M299.5M247.2M317.2M364.8M183.3M
Non Current Assets Total2.2B2.3B2.3B2.2B2.6B2.7B
Non Currrent Assets Other131.9M137.5M97.1M56.1M64.5M67.7M
Cash And Short Term Investments371.8M304.4M252.8M321.5M369.7M188.1M
Net Receivables369M367.8M404M399.1M459.0M233.4M
Common Stock Shares Outstanding34.2M33.8M32.8M32.6M29.3M31.9M
Liabilities And Stockholders Equity3.2B3.4B3.4B3.3B3.8B4.0B
Non Current Liabilities Total1.4B1.4B1.3B1.2B1.4B1.5B
Inventory248.2M298.3M348.8M325.4M374.2M392.9M
Other Current Assets44.6M99.8M64.9M53M61.0M64.0M
Other Stockholder Equity(247.1M)(300.9M)(343.5M)(344.1M)(309.7M)(294.2M)
Total Liab1.7B1.8B1.8B1.7B1.9B2.0B
Property Plant And Equipment Gross1.0B1.0B1.1B2.2B2.5B2.6B
Total Current Assets1.0B1.0B1.1B1.1B1.3B1.3B
Accumulated Other Comprehensive Income(308.3M)(333.6M)(366.5M)(369.4M)(332.5M)(315.8M)
Short Term Debt1M80.8M119.7M116.9M134.4M141.2M
Other Liab405.6M482.3M438.7M313.8M360.9M201.3M
Net Tangible Assets1.2B1.3B380.8M1.3B1.5B797.2M
Other Assets85M134M137.5M121.5M139.7M146.7M
Long Term Debt933.2M936.2M928.1M911.1M1.0B1.1B
Deferred Long Term Liab180.6M163.7M188.1M180.4M207.5M147.3M
Short Long Term Debt1M80.8M134.2M103.4M118.9M124.9M
Intangible Assets195.8M252.6M241.9M231M265.7M278.9M
Property Plant Equipment1.1B1.0B1.0B1.1B1.2B690.8M
Good Will808.5M905.9M914.8M913.6M822.2M781.1M
Treasury Stock(659.7M)(700.4M)(775.1M)(831.1M)(748.0M)(785.4M)
Short Term Investments4.1M4.9M5.6M4.3M3.9M5.7M

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Additional Tools for Minerals Stock Analysis

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