Mason Long Term Investments vs Common Stock Shares Outstanding Analysis

LLG Stock  CAD 0.07  0.01  6.67%   
Mason Graphite financial indicator trend analysis is infinitely more than just investigating Mason Graphite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mason Graphite is a good investment. Please check the relationship between Mason Graphite Long Term Investments and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mason Graphite. 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.

Long Term Investments vs Common Stock Shares Outstanding

Long Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mason Graphite Long Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Mason Graphite's Long Term Investments and Common Stock Shares Outstanding is 0.37. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Mason Graphite, assuming nothing else is changed. The correlation between historical values of Mason Graphite's Long Term Investments and Common Stock Shares 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 Long Term Investments of Mason Graphite are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Investments i.e., Mason Graphite's Long Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Mason Graphite balance sheet that represents investments Mason Graphite intends to hold for over a year. Mason Graphite long term investments may include different instruments such as stocks, bonds, real estate and cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Mason Graphite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mason Graphite 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 Mason Graphite. 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.
Selling General Administrative is likely to drop to about 2.7 M in 2024. Tax Provision is likely to climb to about (1 M) in 2024

Mason Graphite fundamental ratios Correlations

0.750.99-0.52-0.020.610.640.350.560.20.550.57-0.050.610.730.84-0.010.330.840.480.550.170.170.260.260.43
0.750.69-0.40.280.610.560.410.220.140.750.550.220.50.740.650.210.040.70.290.64-0.06-0.260.290.290.04
0.990.69-0.59-0.10.620.650.30.590.080.410.57-0.20.680.690.83-0.140.30.850.50.510.220.240.280.280.54
-0.52-0.4-0.590.4-0.93-0.93-0.19-0.520.260.03-0.890.56-0.43-0.12-0.140.48-0.1-0.66-0.35-0.48-0.46-0.02-0.13-0.13-0.67
-0.020.28-0.10.4-0.21-0.290.33-0.80.190.52-0.30.480.160.540.330.76-0.230.18-0.630.38-0.16-0.45-0.43-0.43-0.84
0.610.610.62-0.93-0.210.980.360.470.020.310.96-0.250.350.270.2-0.170.170.690.350.650.42-0.170.10.10.46
0.640.560.65-0.93-0.290.980.310.520.020.260.92-0.250.310.190.2-0.230.210.720.370.60.340.020.130.130.51
0.350.410.3-0.190.330.360.31-0.020.220.480.350.070.230.310.190.22-0.220.32-0.250.430.14-0.26-0.26-0.26-0.2
0.560.220.59-0.52-0.80.470.52-0.020.110.010.52-0.290.15-0.010.19-0.50.430.210.860.00.230.370.530.530.86
0.20.140.080.260.190.020.020.220.110.680.010.73-0.350.210.120.710.69-0.040.180.17-0.1-0.170.080.08-0.33
0.550.750.410.030.520.310.260.480.010.680.270.70.120.680.520.740.250.380.140.61-0.04-0.390.010.01-0.38
0.570.550.57-0.89-0.30.960.920.350.520.010.27-0.290.290.210.12-0.220.150.620.380.580.48-0.230.10.10.5
-0.050.22-0.20.560.48-0.25-0.250.07-0.290.730.7-0.29-0.430.170.040.820.2-0.21-0.130.09-0.42-0.23-0.05-0.05-0.7
0.610.50.68-0.430.160.350.310.230.15-0.350.120.29-0.430.730.7-0.2-0.130.630.110.440.28-0.120.040.040.29
0.730.740.69-0.120.540.270.190.31-0.010.210.680.210.170.730.890.410.130.670.10.60.13-0.30.020.02-0.11
0.840.650.83-0.140.330.20.20.190.190.120.520.120.040.70.890.190.210.710.260.450.040.160.160.160.14
-0.010.21-0.140.480.76-0.17-0.230.22-0.50.710.74-0.220.82-0.20.410.190.19-0.03-0.280.38-0.04-0.47-0.37-0.37-0.79
0.330.040.3-0.1-0.230.170.21-0.220.430.690.250.150.2-0.130.130.210.190.190.550.08-0.050.160.460.460.24
0.840.70.85-0.660.180.690.720.320.21-0.040.380.62-0.210.630.670.71-0.030.190.170.670.180.080.070.070.28
0.480.290.5-0.35-0.630.350.37-0.250.860.180.140.38-0.130.110.10.26-0.280.550.170.130.170.250.590.590.7
0.550.640.51-0.480.380.650.60.430.00.170.610.580.090.440.60.450.380.080.670.130.48-0.37-0.32-0.32-0.06
0.17-0.060.22-0.46-0.160.420.340.140.23-0.1-0.040.48-0.420.280.130.04-0.04-0.050.180.170.48-0.27-0.55-0.550.33
0.17-0.260.24-0.02-0.45-0.170.02-0.260.37-0.17-0.39-0.23-0.23-0.12-0.30.16-0.470.160.080.25-0.37-0.270.270.270.48
0.260.290.28-0.13-0.430.10.13-0.260.530.080.010.1-0.050.040.020.16-0.370.460.070.59-0.32-0.550.271.00.44
0.260.290.28-0.13-0.430.10.13-0.260.530.080.010.1-0.050.040.020.16-0.370.460.070.59-0.32-0.550.271.00.44
0.430.040.54-0.67-0.840.460.51-0.20.86-0.33-0.380.5-0.70.29-0.110.14-0.790.240.280.7-0.060.330.480.440.44
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Mason Graphite Account Relationship Matchups

Mason Graphite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.2M26.5M26.4M26.9M38.0M45.4M
Total Current Liabilities3.0M1.6M178.1K308.9K110.9K105.4K
Total Stockholder Equity30.2M24.9M20.5M26.6M37.9M38.0M
Net Debt(26.6M)(20.1M)(7.3M)(7.6M)(6.8M)(7.2M)
Retained Earnings(88.7M)(95.2M)(100.5M)(97.0M)(86.8M)(82.5M)
Cash26.6M20.1M7.3M7.6M5.5M5.2M
Cash And Short Term Investments26.6M20.1M7.3M7.6M8.7M14.4M
Net Receivables751.3K169.6K213.6K215.7K194.2K184.5K
Common Stock Shares Outstanding136.2M136.2M136.3M140.9M141.3M115.0M
Liabilities And Stockholders Equity33.2M26.5M26.4M26.9M30.9M45.7M
Other Stockholder Equity11.1M11.2M12.3M13.1M11.8M17.6M
Total Liab3.0M1.6M277.1K308.9K110.9K105.4K
Total Current Assets27.5M20.4M20.7M7.8M5.8M5.5M
Other Current Liab1.6M1.4M120.6K308.9K355.2K337.4K
Property Plant And Equipment Net76.8M5.8M5.7M5.7M5.1M0.0
Non Current Assets Total5.8M6.2M5.7M19.1M32.2M23.5M
Accumulated Other Comprehensive Income11.2M12.3M13.1M13.3M15.3M11.7M
Net Tangible Assets56.6M30.2M24.9M20.5M23.5M40.7M
Accounts Payable1.4M192.6K57.5K110.8K66.4K63.1K
Long Term Investments5.5M8.0M0.014.0M32.2M33.8M
Property Plant Equipment43.1M5.8M5.7M5.7M5.1M4.9M
Other Current Assets102.4K64.5K13.2M45.2K52.0K49.4K
Net Invested Capital30.2M24.9M20.5M26.6M37.9M36.7M
Net Working Capital24.5M18.7M20.6M7.5M5.7M5.4M

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Additional Tools for Mason Stock Analysis

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