Mongolia Short Term Debt vs Retained Earnings Analysis

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CAD 1.33 0.05 3.62%

Mongolia Growth financial indicator trend analysis is infinitely more than just investigating Mongolia Growth Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mongolia Growth Group is a good investment. Please check the relationship between Mongolia Growth Short Term Debt and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mongolia Growth Group. 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.

Short Term Debt vs Retained Earnings

Short Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mongolia Growth Group Short Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mongolia Growth's Short Term Debt and Retained Earnings is -0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Mongolia Growth Group, assuming nothing else is changed. The correlation between historical values of Mongolia Growth's Short Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Mongolia Growth Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Debt i.e., Mongolia Growth's Short Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

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Short Term Debt

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Mongolia Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mongolia Growth Group 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mongolia Growth Group. 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, Mongolia Growth's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 34 M in 2024, whereas Discontinued Operations is likely to drop slightly above 76 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.7M	3.1M	3.2M	3.4M
Total Revenue	1.8M	3.9M	3.3M	1.7M

Gross Profit Total Revenue

Mongolia Growth fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Common Stock	Other Current Liab	Property Plant And Equipment Net	Short Term Investments	Other Current Assets	Current Deferred Revenue	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Short Term Debt	Other Liab	Net Tangible Assets
Total Assets		0.58	0.96	-0.43	0.47	0.51	0.42	0.33	0.51	0.5	0.16	0.6	0.52	0.02	0.63	0.5	0.08	0.42	0.39	0.45	-0.12	0.44	0.0	-0.3	0.41	0.51
Total Current Liabilities	0.58		0.33	-0.07	0.53	-0.02	0.07	-0.45	0.88	-0.05	-0.19	0.99	0.87	-0.32	0.12	0.99	-0.14	0.91	0.29	0.95	-0.17	0.55	0.16	-0.34	0.69	0.18
Total Stockholder Equity	0.96	0.33		-0.52	0.36	0.61	0.51	0.52	0.32	0.59	0.28	0.34	0.34	0.12	0.69	0.24	0.14	0.2	0.37	0.21	-0.09	0.26	0.01	-0.25	0.28	0.51
Net Debt	-0.43	-0.07	-0.52		-0.4	-0.27	-1.0	-0.06	-0.31	0.03	-0.71	-0.02	-0.33	-0.15	-0.16	-0.05	-0.49	-0.06	-0.32	0.0	-0.44	0.21	-0.6	0.32	-0.23	-0.29
Retained Earnings	0.47	0.53	0.36	-0.4		0.36	0.38	-0.06	0.42	-0.44	-0.05	0.52	0.42	-0.13	-0.33	0.54	0.68	0.36	0.64	0.4	0.36	0.46	0.37	-0.49	0.45	0.82
Accounts Payable	0.51	-0.02	0.61	-0.27	0.36		0.26	0.62	-0.1	0.34	0.2	-0.02	-0.09	0.17	0.33	-0.11	0.27	-0.18	0.32	-0.17	0.05	0.03	-0.06	-0.16	-0.04	0.5
Cash	0.42	0.07	0.51	-1.0	0.38	0.26		0.05	0.32	-0.03	0.7	0.02	0.34	0.14	0.17	0.05	0.48	0.07	0.32	0.01	0.44	-0.21	0.61	-0.3	0.24	0.26
Non Current Assets Total	0.33	-0.45	0.52	-0.06	-0.06	0.62	0.05		-0.61	0.61	0.17	-0.4	-0.6	0.31	0.48	-0.52	0.27	-0.66	0.12	-0.6	0.06	0.06	-0.49	0.17	-0.53	0.37
Cash And Short Term Investments	0.51	0.88	0.32	-0.31	0.42	-0.1	0.32	-0.61		-0.11	-0.02	0.85	1.0	-0.31	0.13	0.87	-0.19	0.97	0.23	0.93	-0.19	0.27	0.49	-0.4	0.87	0.03
Common Stock Shares Outstanding	0.5	-0.05	0.59	0.03	-0.44	0.34	-0.03	0.61	-0.11		0.2	-0.01	-0.09	0.26	0.95	-0.15	-0.4	-0.13	-0.16	-0.1	-0.41	0.07	-0.5	0.19	-0.2	-0.2
Other Stockholder Equity	0.16	-0.19	0.28	-0.71	-0.05	0.2	0.7	0.17	-0.02	0.2		-0.23	-0.01	0.19	0.27	-0.21	0.28	-0.22	-0.17	-0.3	0.36	-0.42	0.38	-0.08	-0.17	-0.07
Total Liab	0.6	0.99	0.34	-0.02	0.52	-0.02	0.02	-0.4	0.85	-0.01	-0.23		0.84	-0.3	0.15	0.98	-0.15	0.89	0.29	0.94	-0.2	0.62	0.09	-0.33	0.67	0.19
Total Current Assets	0.52	0.87	0.34	-0.33	0.42	-0.09	0.34	-0.6	1.0	-0.09	-0.01	0.84		-0.27	0.13	0.86	-0.17	0.96	0.25	0.92	-0.19	0.25	0.5	-0.42	0.88	0.04
Net Receivables	0.02	-0.32	0.12	-0.15	-0.13	0.17	0.14	0.31	-0.31	0.26	0.19	-0.3	-0.27		0.19	-0.34	0.21	-0.37	0.13	-0.33	-0.07	-0.09	-0.21	-0.17	-0.27	-0.01
Common Stock	0.63	0.12	0.69	-0.16	-0.33	0.33	0.17	0.48	0.13	0.95	0.27	0.15	0.13	0.19		0.02	-0.44	0.06	-0.16	0.08	-0.43	0.11	-0.39	0.14	-0.03	-0.21
Other Current Liab	0.5	0.99	0.24	-0.05	0.54	-0.11	0.05	-0.52	0.87	-0.15	-0.21	0.98	0.86	-0.34	0.02		-0.11	0.91	0.29	0.95	-0.11	0.54	0.19	-0.37	0.68	0.17
Property Plant And Equipment Net	0.08	-0.14	0.14	-0.49	0.68	0.27	0.48	0.27	-0.19	-0.4	0.28	-0.15	-0.17	0.21	-0.44	-0.11		-0.31	0.57	-0.29	0.72	0.06	0.36	-0.3	-0.07	0.74
Short Term Investments	0.42	0.91	0.2	-0.06	0.36	-0.18	0.07	-0.66	0.97	-0.13	-0.22	0.89	0.96	-0.37	0.06	0.91	-0.31		0.16	0.98	-0.31	0.34	0.36	-0.35	0.86	-0.01
Other Current Assets	0.39	0.29	0.37	-0.32	0.64	0.32	0.32	0.12	0.23	-0.16	-0.17	0.29	0.25	0.13	-0.16	0.29	0.57	0.16		0.23	0.49	0.27	0.32	-0.53	0.37	0.65
Current Deferred Revenue	0.45	0.95	0.21	0.0	0.4	-0.17	0.01	-0.6	0.93	-0.1	-0.3	0.94	0.92	-0.33	0.08	0.95	-0.29	0.98	0.23		-0.3	0.5	0.23	-0.32	0.82	0.02
Non Currrent Assets Other	-0.12	-0.17	-0.09	-0.44	0.36	0.05	0.44	0.06	-0.19	-0.41	0.36	-0.2	-0.19	-0.07	-0.43	-0.11	0.72	-0.31	0.49	-0.3		-0.13	0.39	-0.28	-0.23	0.36
Non Current Liabilities Total	0.44	0.55	0.26	0.21	0.46	0.03	-0.21	0.06	0.27	0.07	-0.42	0.62	0.25	-0.09	0.11	0.54	0.06	0.34	0.27	0.5	-0.13		-0.38	-0.14	0.25	0.34
Inventory	0.0	0.16	0.01	-0.6	0.37	-0.06	0.61	-0.49	0.49	-0.5	0.38	0.09	0.5	-0.21	-0.39	0.19	0.36	0.36	0.32	0.23	0.39	-0.38		-0.37	0.61	0.17
Short Term Debt	-0.3	-0.34	-0.25	0.32	-0.49	-0.16	-0.3	0.17	-0.4	0.19	-0.08	-0.33	-0.42	-0.17	0.14	-0.37	-0.3	-0.35	-0.53	-0.32	-0.28	-0.14	-0.37		-0.41	-0.4
Other Liab	0.41	0.69	0.28	-0.23	0.45	-0.04	0.24	-0.53	0.87	-0.2	-0.17	0.67	0.88	-0.27	-0.03	0.68	-0.07	0.86	0.37	0.82	-0.23	0.25	0.61	-0.41		0.18
Net Tangible Assets	0.51	0.18	0.51	-0.29	0.82	0.5	0.26	0.37	0.03	-0.2	-0.07	0.19	0.04	-0.01	-0.21	0.17	0.74	-0.01	0.65	0.02	0.36	0.34	0.17	-0.4	0.18

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Mongolia Growth Account Relationship Matchups

Mongolia Growth fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.1M	28.0M	55.0M	64.6M	58.2M	38.0M
Total Current Liabilities	825.5K	605.2K	13.8M	15.5M	8.5M	9.0M
Total Stockholder Equity	24.7M	26.8M	40.2M	46.1M	49.2M	33.9M
Net Debt	(737.3K)	(1.3M)	(2.3M)	(2.0M)	(7.0M)	(6.7M)
Retained Earnings	(21.5M)	(17.7M)	(2.2M)	5.8M	(7.4M)	(7.8M)
Accounts Payable	506.4K	232.3K	574.7K	339.2K	408.8K	431.5K
Cash	737.3K	1.4M	2.4M	2.1M	7.1M	7.4M
Non Current Assets Total	20.3M	15.8M	14.2M	12.9M	1.5M	1.4M
Cash And Short Term Investments	4.4M	12.0M	40.2M	51.3M	53.5M	56.2M
Common Stock Shares Outstanding	33.0M	32.1M	29.3M	27.8M	27.2M	27.4M
Liabilities And Stockholders Equity	26.1M	28.0M	55.0M	64.6M	58.2M	38.0M
Other Stockholder Equity	28.3M	24.6M	9.0M	1.1M	14.3M	15.6M
Total Liab	1.4M	1.1M	14.8M	18.4M	9.0M	9.5M
Total Current Assets	5.8M	12.1M	40.8M	51.6M	56.7M	59.5M
Net Receivables	1.3M	134.9K	114.0K	15.2K	39.7K	37.7K
Common Stock	53.5M	53.2M	51.0M	50.5M	49.8M	49.1M
Other Current Liab	23.3K	39.2K	12.1M	13.5M	7.0M	7.3M
Property Plant And Equipment Net	1.4M	1.3M	2.2M	2.8M	1.5M	2.1M
Short Term Investments	3.7M	10.6M	37.8M	49.2M	46.4M	48.8M
Other Current Assets	(5.8M)	(12.1M)	609.9K	284.3K	438.9K	460.8K
Accumulated Other Comprehensive Income	(14.2M)	(15.4M)	(15.5M)	(17.0M)	(46.7K)	(49.0K)
Current Deferred Revenue	129.9K	108.5K	1.1M	1.6M	1.1M	1.2M
Non Currrent Assets Other	(7.2M)	(13.4M)	11.7M	(4.3M)	(3.6M)	(3.4M)
Non Current Liabilities Total	581.9K	518.8K	1.0M	3.0M	500.5K	475.5K
Short Term Debt	680.9K	165.9K	225.1K	60K	20K	19K
Other Liab	581.9K	478.8K	1.0M	3.0M	3.4M	3.6M
Net Tangible Assets	24.7M	26.8M	40.2M	46.1M	41.5M	29.8M
Property Plant Equipment	20.3M	15.8M	14.1M	12.9M	11.6M	22.6M
Net Invested Capital	24.7M	26.9M	40.2M	46.2M	49.2M	38.5M
Net Working Capital	5.0M	11.5M	27.0M	36.2M	48.1M	50.6M
Capital Stock	53.5M	53.2M	51.0M	50.5M	49.8M	41.5M

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