M3M Historical Balance Sheet

M3M Stock   0.04  0  7.89%   
Trend analysis of M3 Mining balance sheet accounts such as Total Stockholder Equity of 2.4 M provides information on M3 Mining's total assets, liabilities, and equity, which is the actual value of M3 Mining to its prevalent stockholders. By breaking down trends over time using M3 Mining balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining M3 Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether M3 Mining is a good buy for the upcoming year.

M3 Mining Inventory

15,571.23

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in M3 Mining. 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.

About M3M Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of M3 Mining at a specified time, usually calculated after every quarter, six months, or one year. M3 Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of M3 Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which M3M currently owns. An asset can also be divided into two categories, current and non-current.

M3 Mining Balance Sheet Chart

At this time, M3 Mining's Total Liabilities is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 2.1 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 61.7 K in 2024.

Total Assets

Total assets refers to the total amount of M3 Mining 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 M3 Mining 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.

Total Current Liabilities

Total Current Liabilities is an item on M3 Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of M3 Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
Most accounts from M3 Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into M3 Mining current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 M3 Mining. 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, M3 Mining's Total Liabilities is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 2.1 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 61.7 K in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities83.5K87.7K51.6K49.1K
Total Assets3.7M3.0M2.1M2.2M

M3 Mining balance sheet Correlations

-0.7-0.750.890.770.45-1.0-0.40.851.00.580.731.00.780.110.830.590.36-0.751.00.630.52-0.20.250.19-0.21
-0.71.0-0.94-0.98-0.890.630.93-0.85-0.64-0.95-0.96-0.64-0.97-0.78-0.96-0.970.291.0-0.66-0.98-0.910.82-0.8-0.790.83
-0.751.0-0.96-0.99-0.880.680.9-0.86-0.69-0.95-0.98-0.69-0.97-0.74-0.97-0.960.241.0-0.71-0.98-0.920.78-0.78-0.770.79
0.89-0.94-0.960.950.73-0.85-0.760.930.850.840.910.850.960.520.970.85-0.01-0.960.860.890.78-0.610.580.56-0.61
0.77-0.98-0.990.950.9-0.71-0.860.820.710.910.980.710.950.710.990.94-0.15-0.990.740.970.9-0.730.740.74-0.74
0.45-0.89-0.880.730.9-0.37-0.880.520.380.840.910.380.760.880.860.89-0.31-0.880.40.920.89-0.810.820.86-0.81
-1.00.630.68-0.85-0.71-0.370.31-0.81-1.0-0.5-0.66-1.0-0.72-0.02-0.78-0.5-0.450.69-1.0-0.56-0.440.1-0.16-0.090.11
-0.40.930.9-0.76-0.86-0.880.31-0.69-0.32-0.96-0.88-0.32-0.87-0.94-0.79-0.970.610.9-0.35-0.95-0.940.98-0.94-0.950.98
0.85-0.85-0.860.930.820.52-0.81-0.690.820.810.790.820.940.40.830.79-0.12-0.860.830.790.71-0.560.550.48-0.57
1.0-0.64-0.690.850.710.38-1.0-0.320.820.50.661.00.720.020.780.510.44-0.691.00.560.44-0.110.160.1-0.12
0.58-0.95-0.950.840.910.84-0.5-0.960.810.50.940.50.950.840.851.0-0.51-0.950.530.980.98-0.890.930.9-0.9
0.73-0.96-0.980.910.980.91-0.66-0.880.790.660.940.660.940.750.950.96-0.23-0.980.690.980.95-0.760.820.8-0.76
1.0-0.64-0.690.850.710.38-1.0-0.320.821.00.50.660.720.020.780.510.44-0.691.00.560.44-0.110.160.1-0.12
0.78-0.97-0.970.960.950.76-0.72-0.870.940.720.950.940.720.660.930.95-0.28-0.980.740.950.89-0.760.760.72-0.77
0.11-0.78-0.740.520.710.88-0.02-0.940.40.020.840.750.020.660.620.86-0.71-0.740.060.840.87-0.970.940.98-0.96
0.83-0.96-0.970.970.990.86-0.78-0.790.830.780.850.950.780.930.620.88-0.01-0.970.80.920.82-0.640.640.63-0.65
0.59-0.97-0.960.850.940.89-0.5-0.970.790.511.00.960.510.950.860.88-0.47-0.960.540.990.99-0.890.920.9-0.9
0.360.290.24-0.01-0.15-0.31-0.450.61-0.120.44-0.51-0.230.44-0.28-0.71-0.01-0.470.230.41-0.38-0.510.76-0.74-0.730.76
-0.751.01.0-0.96-0.99-0.880.690.9-0.86-0.69-0.95-0.98-0.69-0.98-0.74-0.97-0.960.23-0.71-0.98-0.920.78-0.78-0.770.79
1.0-0.66-0.710.860.740.4-1.0-0.350.831.00.530.691.00.740.060.80.540.41-0.710.590.47-0.140.190.13-0.15
0.63-0.98-0.980.890.970.92-0.56-0.950.790.560.980.980.560.950.840.920.99-0.38-0.980.590.97-0.870.880.87-0.87
0.52-0.91-0.920.780.90.89-0.44-0.940.710.440.980.950.440.890.870.820.99-0.51-0.920.470.97-0.880.950.93-0.89
-0.20.820.78-0.61-0.73-0.810.10.98-0.56-0.11-0.89-0.76-0.11-0.76-0.97-0.64-0.890.760.78-0.14-0.87-0.88-0.94-0.961.0
0.25-0.8-0.780.580.740.82-0.16-0.940.550.160.930.820.160.760.940.640.92-0.74-0.780.190.880.95-0.940.99-0.95
0.19-0.79-0.770.560.740.86-0.09-0.950.480.10.90.80.10.720.980.630.9-0.73-0.770.130.870.93-0.960.99-0.96
-0.210.830.79-0.61-0.74-0.810.110.98-0.57-0.12-0.9-0.76-0.12-0.77-0.96-0.65-0.90.760.79-0.15-0.87-0.891.0-0.95-0.96
Click cells to compare fundamentals

M3 Mining Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for M3M Stock Analysis

When running M3 Mining's price analysis, check to measure M3 Mining'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 M3 Mining is operating at the current time. Most of M3 Mining's value examination focuses on studying past and present price action to predict the probability of M3 Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move M3 Mining's price. Additionally, you may evaluate how the addition of M3 Mining to your portfolios can decrease your overall portfolio volatility.