Maritime Short Term Debt vs Total Liab Analysis

MAE Stock  CAD 0.06  0.01  9.09%   
Maritime Resources financial indicator trend analysis is infinitely more than just investigating Maritime Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maritime Resources Corp is a good investment. Please check the relationship between Maritime Resources Short Term Debt and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maritime Resources Corp. 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 Total Liab

Short Term Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maritime Resources Corp Short Term Debt account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Maritime Resources' Short Term Debt and Total Liab is -0.2. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Maritime Resources Corp, assuming nothing else is changed. The correlation between historical values of Maritime Resources' Short Term Debt and Total Liab 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 Maritime Resources Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Debt i.e., Maritime Resources' Short Term Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Maritime Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maritime Resources Corp 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 Maritime Resources Corp. 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 1.3 M in 2024. Tax Provision is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Reconciled Depreciation82.6K171.3K170.2K113.3K
Depreciation And Amortization82.6K171.3K170.2K103.3K

Maritime Resources fundamental ratios Correlations

0.660.990.260.880.471.00.471.00.840.58-0.940.86-0.220.660.810.770.78-0.8-0.480.990.560.990.990.940.64
0.660.72-0.290.810.710.620.710.650.330.77-0.710.39-0.150.720.260.220.35-0.31-0.370.670.70.70.630.50.05
0.990.720.110.920.570.970.570.990.730.67-0.950.77-0.220.780.690.650.67-0.76-0.530.990.61.00.980.880.51
0.26-0.290.11-0.15-0.690.33-0.690.240.69-0.58-0.060.580.04-0.410.730.770.66-0.530.330.18-0.210.120.260.460.79
0.880.810.92-0.150.770.840.770.880.580.84-0.890.66-0.310.770.530.470.52-0.58-0.60.90.570.920.860.770.34
0.470.710.57-0.690.770.391.00.470.050.98-0.60.19-0.210.7-0.01-0.060.06-0.03-0.640.520.570.570.440.31-0.15
1.00.620.970.330.840.390.390.990.870.51-0.920.88-0.20.630.840.80.8-0.83-0.440.990.520.970.990.950.68
0.470.710.57-0.690.771.00.390.470.050.98-0.60.19-0.210.7-0.01-0.060.06-0.03-0.640.520.570.570.440.31-0.15
1.00.650.990.240.880.470.990.470.820.58-0.950.84-0.230.680.790.750.75-0.81-0.491.00.580.990.990.940.63
0.840.330.730.690.580.050.870.050.820.18-0.70.98-0.160.161.00.990.96-0.78-0.20.790.290.750.810.940.93
0.580.770.67-0.580.840.980.510.980.580.18-0.70.31-0.230.720.120.070.17-0.15-0.660.620.640.660.550.43-0.03
-0.94-0.71-0.95-0.06-0.89-0.6-0.92-0.6-0.95-0.7-0.7-0.740.33-0.72-0.66-0.61-0.640.680.63-0.94-0.75-0.96-0.92-0.89-0.52
0.860.390.770.580.660.190.880.190.840.980.31-0.74-0.190.20.970.960.94-0.73-0.270.820.310.780.830.960.91
-0.22-0.15-0.220.04-0.31-0.21-0.2-0.21-0.23-0.16-0.230.33-0.19-0.17-0.15-0.15-0.080.180.11-0.24-0.2-0.27-0.23-0.25-0.07
0.660.720.78-0.410.770.70.630.70.680.160.72-0.720.2-0.170.110.050.09-0.43-0.510.720.570.760.70.41-0.12
0.810.260.690.730.53-0.010.84-0.010.791.00.12-0.660.97-0.150.111.00.96-0.77-0.180.750.240.710.780.920.95
0.770.220.650.770.47-0.060.8-0.060.750.990.07-0.610.96-0.150.051.00.95-0.75-0.10.710.210.660.740.90.95
0.780.350.670.660.520.060.80.060.750.960.17-0.640.94-0.080.090.960.95-0.68-0.190.720.290.680.740.880.91
-0.8-0.31-0.76-0.53-0.58-0.03-0.83-0.03-0.81-0.78-0.150.68-0.730.18-0.43-0.77-0.75-0.680.2-0.79-0.28-0.77-0.83-0.78-0.65
-0.48-0.37-0.530.33-0.6-0.64-0.44-0.64-0.49-0.2-0.660.63-0.270.11-0.51-0.18-0.1-0.190.2-0.5-0.4-0.53-0.45-0.4-0.18
0.990.670.990.180.90.520.990.521.00.790.62-0.940.82-0.240.720.750.710.72-0.79-0.50.571.00.990.920.58
0.560.70.6-0.210.570.570.520.570.580.290.64-0.750.31-0.20.570.240.210.29-0.28-0.40.570.610.530.50.13
0.990.71.00.120.920.570.970.570.990.750.66-0.960.78-0.270.760.710.660.68-0.77-0.531.00.610.990.90.53
0.990.630.980.260.860.440.990.440.990.810.55-0.920.83-0.230.70.780.740.74-0.83-0.450.990.530.990.920.61
0.940.50.880.460.770.310.950.310.940.940.43-0.890.96-0.250.410.920.90.88-0.78-0.40.920.50.90.920.83
0.640.050.510.790.34-0.150.68-0.150.630.93-0.03-0.520.91-0.07-0.120.950.950.91-0.65-0.180.580.130.530.610.83
Click cells to compare fundamentals

Maritime Resources Account Relationship Matchups

Maritime Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1M26.2M38.1M39.9M52.9M55.6M
Total Current Liabilities511.0K1.2M1.1M927.8K1.0M557.0K
Total Stockholder Equity13.6M24.9M35.9M37.9M39.0M40.9M
Net Debt(1.8M)(6.4M)(3.9M)(2.1M)4.6M4.8M
Accounts Payable364.4K943.2K724.2K742.7K720.0K756.0K
Cash1.8M6.4M4.3M2.5M1.1M1.5M
Non Current Assets Total12.0M19.3M33.3M36.9M50.4M52.9M
Cash And Short Term Investments1.8M6.4M4.3M2.5M1.1M1.5M
Common Stock Shares Outstanding173.3M247.3M377.1M420.4M523.1M549.3M
Liabilities And Stockholders Equity14.1M26.2M38.1M39.9M52.9M55.6M
Total Liab511.0K1.3M2.2M2.0M14.0M14.7M
Total Current Assets2.1M6.9M4.8M3.0M2.6M1.7M
Retained Earnings(9.5M)(10.7M)(12.0M)(13.5M)(15.7M)(14.9M)
Net Receivables161.5K340.0K298.2K136.7K1.2M1.2M
Other Stockholder Equity2.5M2.2M2.8M2.2M2.0M2.2M
Property Plant And Equipment Net12.0M18.7M33.2M36.8M11.3M13.0M
Other Current Liab47.6K203.6K223.3K102.7K887.4K931.8K
Accumulated Other Comprehensive Income2.5M2.2M2.8M2.2M2.7M1.7M
Net Tangible Assets13.6M24.9M35.9M37.9M43.6M45.7M
Common Stock20.6M33.4M45.1M49.2M52.0M54.6M
Property Plant Equipment12.0M18.7M33.2M36.8M42.3M44.5M
Other Current Assets120.2K116.3K141.6K137.8K349.9K367.4K
Non Currrent Assets Other12.0M576.0K119.9K111.7K38.8M40.8M
Net Invested Capital13.6M24.9M35.9M37.9M44.2M27.2M
Net Working Capital1.6M5.6M3.6M2.1M1.6M2.6M
Capital Stock20.6M33.4M45.1M49.2M52.0M39.5M

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Additional Tools for Maritime Stock Analysis

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