MAS Other Current Liab vs Property Plant Equipment Analysis

MAS Stock  CAD 0.02  0.01  100.00%   
MAS Gold financial indicator trend analysis is infinitely more than just investigating MAS Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MAS Gold Corp is a good investment. Please check the relationship between MAS Gold Other Current Liab and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAS Gold 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.

Other Current Liab vs Property Plant Equipment

Other Current Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAS Gold Corp Other Current Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MAS Gold's Other Current Liab and Property Plant Equipment is 0.87. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of MAS Gold Corp, assuming nothing else is changed. The correlation between historical values of MAS Gold's Other Current Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of MAS Gold Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Liab i.e., MAS Gold's Other Current Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Property Plant Equipment

Most indicators from MAS Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MAS Gold 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 MAS Gold 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 480.1 K in 2024. Issuance Of Capital Stock is likely to drop to about 1.7 M in 2024

MAS Gold fundamental ratios Correlations

0.560.930.97-0.8-0.780.290.830.970.71-0.150.90.16-0.140.620.650.78-0.020.86-0.32-0.65-0.650.80.910.920.91
0.560.220.38-0.55-0.630.910.520.390.550.160.550.59-0.030.990.850.28-0.140.62-0.3-0.27-0.270.470.340.420.34
0.930.220.97-0.69-0.65-0.040.740.970.58-0.240.81-0.05-0.150.30.40.790.030.74-0.25-0.63-0.630.740.920.890.91
0.970.380.97-0.69-0.740.090.731.00.63-0.250.880.05-0.180.450.440.80.00.79-0.3-0.61-0.610.780.910.920.91
-0.8-0.55-0.69-0.690.74-0.37-0.99-0.7-0.860.11-0.78-0.40.32-0.62-0.77-0.62-0.11-0.890.210.620.62-0.73-0.7-0.73-0.71
-0.78-0.63-0.65-0.740.74-0.4-0.74-0.74-0.710.14-0.91-0.390.42-0.68-0.57-0.71-0.06-0.830.580.40.4-0.83-0.71-0.79-0.72
0.290.91-0.040.09-0.37-0.40.30.090.270.340.250.670.150.880.8-0.03-0.270.37-0.230.040.040.260.060.10.05
0.830.520.740.73-0.99-0.740.30.740.88-0.150.810.29-0.320.60.750.670.120.89-0.21-0.7-0.70.730.750.780.77
0.970.390.971.0-0.7-0.740.090.740.64-0.250.890.04-0.190.450.450.810.010.8-0.29-0.62-0.620.790.920.930.92
0.710.550.580.63-0.86-0.710.270.880.64-0.220.750.24-0.40.620.610.540.090.78-0.24-0.64-0.640.660.60.690.61
-0.150.16-0.24-0.250.110.140.34-0.15-0.25-0.22-0.270.260.540.120.23-0.39-0.36-0.17-0.110.210.21-0.25-0.28-0.31-0.29
0.90.550.810.88-0.78-0.910.250.810.890.75-0.270.26-0.450.610.530.850.130.94-0.31-0.63-0.630.880.90.950.9
0.160.59-0.050.05-0.4-0.390.670.290.040.240.260.26-0.220.550.46-0.04-0.10.45-0.120.130.130.21-0.060.01-0.07
-0.14-0.03-0.15-0.180.320.420.15-0.32-0.19-0.40.54-0.45-0.22-0.060.06-0.43-0.48-0.410.030.20.2-0.38-0.25-0.32-0.25
0.620.990.30.45-0.62-0.680.880.60.450.620.120.610.55-0.060.870.34-0.130.67-0.31-0.34-0.340.530.420.50.42
0.650.850.40.44-0.77-0.570.80.750.450.610.230.530.460.060.870.33-0.120.66-0.25-0.44-0.440.480.470.480.47
0.780.280.790.8-0.62-0.71-0.030.670.810.54-0.390.85-0.04-0.430.340.330.540.73-0.21-0.59-0.590.750.870.870.86
-0.02-0.140.030.0-0.11-0.06-0.270.120.010.09-0.360.13-0.1-0.48-0.13-0.120.540.060.06-0.17-0.170.050.090.10.09
0.860.620.740.79-0.89-0.830.370.890.80.78-0.170.940.45-0.410.670.660.730.06-0.12-0.6-0.60.850.830.880.83
-0.32-0.3-0.25-0.30.210.58-0.23-0.21-0.29-0.24-0.11-0.31-0.120.03-0.31-0.25-0.210.06-0.120.110.11-0.19-0.14-0.17-0.14
-0.65-0.27-0.63-0.610.620.40.04-0.7-0.62-0.640.21-0.630.130.2-0.34-0.44-0.59-0.17-0.60.111.0-0.35-0.69-0.7-0.7
-0.65-0.27-0.63-0.610.620.40.04-0.7-0.62-0.640.21-0.630.130.2-0.34-0.44-0.59-0.17-0.60.111.0-0.35-0.69-0.7-0.7
0.80.470.740.78-0.73-0.830.260.730.790.66-0.250.880.21-0.380.530.480.750.050.85-0.19-0.35-0.350.820.860.82
0.910.340.920.91-0.7-0.710.060.750.920.6-0.280.9-0.06-0.250.420.470.870.090.83-0.14-0.69-0.690.820.981.0
0.920.420.890.92-0.73-0.790.10.780.930.69-0.310.950.01-0.320.50.480.870.10.88-0.17-0.7-0.70.860.980.98
0.910.340.910.91-0.71-0.720.050.770.920.61-0.290.9-0.07-0.250.420.470.860.090.83-0.14-0.7-0.70.821.00.98
Click cells to compare fundamentals

MAS Gold Account Relationship Matchups

MAS Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets900.4K2.2M4.5M4.4M5.0M5.3M
Total Current Liabilities880.1K1.8M1.3M954.1K1.1M1.2M
Total Stockholder Equity20.3K397.9K3.2M3.3M3.8M3.9M
Property Plant And Equipment Net878.8K926.8K3.9M3.3M3.8M4.0M
Net Debt1.6K(742.0K)(200.4K)(687.3K)(790.4K)(750.9K)
Retained Earnings(20.1M)(27.3M)(30.5M)(32.5M)(29.2M)(27.8M)
Accounts Payable373.1K1.7M840.5K564.1K648.8K334.3K
Cash0.0742.0K200.4K837.3K962.9K1.0M
Non Current Assets Total878.8K926.8K4.1M3.5M4.0M4.2M
Net Receivables13.4K146.2K33.0K8.7K10.0K9.5K
Common Stock Shares Outstanding72.7M132.5M246.1M212.4M244.3M256.5M
Liabilities And Stockholders Equity900.4K2.2M4.5M4.4M5.0M5.3M
Other Current Assets8.1K364.1K153.3K11.4K13.1K12.5K
Other Stockholder Equity1.0M1.1M1.02.3M2.0M1.9M
Total Liab880.1K1.8M1.3M1.1M1.3M1.3M
Total Current Assets21.6K1.3M386.8K857.4K986.0K1.0M
Other Current Liab16.4K50K420K390K448.5K470.9K
Accumulated Other Comprehensive Income1.1M4.1M2.3M2.3M2.6M2.7M
Common Stock19.0M23.6M31.4M33.5M38.5M23.2M
Net Tangible Assets467.0K20.3K397.9K3.2M3.7M3.9M
Net Invested Capital21.9K397.9K3.2M3.4M3.9M4.1M
Net Working Capital(858.5K)(528.9K)(873.7K)(96.8K)(87.1K)(91.5K)
Capital Stock19.0M23.6M31.4M33.5M38.5M26.5M

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 MAS Stock Analysis

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