Minnova Total Assets vs Short Long Term Debt Analysis
MCI Stock | CAD 0.05 0.00 0.00% |
Minnova Corp financial indicator trend analysis is infinitely more than just investigating Minnova Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minnova Corp is a good investment. Please check the relationship between Minnova Corp Total Assets and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minnova 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.
Total Assets vs Short Long Term Debt
Total Assets vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minnova Corp Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Minnova Corp's Total Assets and Short Long Term Debt is -0.05. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Minnova Corp, assuming nothing else is changed. The correlation between historical values of Minnova Corp's Total Assets and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Minnova Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Minnova Corp's Total Assets and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Minnova Corp 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 Minnova Corp 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.Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Minnova Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minnova 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 Minnova 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. At this time, Minnova Corp's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.6 M in 2024, despite the fact that Discontinued Operations is likely to grow to (71.5 K).
Minnova Corp fundamental ratios Correlations
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Minnova Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Minnova Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.4M | 20.9M | 21.2M | 383.1K | 222.1K | 211.0K | |
Other Current Liab | 603.2K | 769.7K | 281.8K | 890.9K | 1.0M | 545.2K | |
Total Current Liabilities | 1.8M | 1.6M | 790.4K | 890.9K | 1.3M | 2.0M | |
Total Stockholder Equity | 14.2M | 16.2M | 17.5M | (4.0M) | (4.4M) | (4.2M) | |
Property Plant And Equipment Net | 19.2M | 20.4M | 20.9M | 207.8K | 193.4K | 183.7K | |
Net Debt | (21.0K) | (131.5K) | (138.0K) | (41.7K) | 115.8K | 94.7K | |
Retained Earnings | (9.1M) | (10.1M) | (9.2M) | (31.1M) | (31.1M) | (29.6M) | |
Accounts Payable | 1.2M | 851.2K | 508.6K | 521.6K | 832.0K | 830.2K | |
Cash | 21.0K | 131.5K | 138.0K | 129.7K | 1.4K | 1.3K | |
Non Current Assets Total | 19.2M | 20.5M | 20.9M | 207.8K | 193.4K | 183.7K | |
Cash And Short Term Investments | 21.0K | 131.5K | 138.0K | 129.7K | 116.8K | 180.9K | |
Net Receivables | 110.3K | 142.7K | 54.8K | 42.3K | 27.4K | 26.0K | |
Common Stock Shares Outstanding | 32.5M | 38.3M | 45.7M | 58.2M | 70.0M | 73.5M | |
Liabilities And Stockholders Equity | 19.4M | 20.9M | 21.2M | 383.1K | 440.6K | 418.6K | |
Other Stockholder Equity | 1.7M | 2.5M | 2.1M | 1.7M | 1.6M | 1.5M | |
Total Liab | 5.2M | 4.7M | 3.7M | 4.4M | 4.6M | 4.7M | |
Total Current Assets | 142.4K | 453.1K | 337.1K | 175.4K | 28.7K | 27.3K | |
Non Current Liabilities Total | 3.4M | 3.1M | 2.9M | 3.5M | 3.3M | 3.4M | |
Accumulated Other Comprehensive Income | 1.7M | 2.5M | 2.1M | 1.7M | 2.0M | 2.3M | |
Other Liab | 3.4M | 3.1M | 2.9M | 3.5M | 3.2M | 2.5M | |
Net Tangible Assets | 14.2M | 16.2M | (3.1M) | (4.0M) | (3.6M) | (3.5M) | |
Common Stock | 21.5M | 23.9M | 24.6M | 25.3M | 29.1M | 21.8M | |
Property Plant Equipment | 19.2M | 20.4M | 224.0K | 207.8K | 187.0K | 177.6K | |
Net Invested Capital | 14.2M | 16.2M | 17.5M | (4.0M) | (4.3M) | (4.0M) | |
Net Working Capital | (1.7M) | (1.2M) | (453.3K) | (715.6K) | (1.3M) | (1.3M) | |
Capital Stock | 21.5M | 23.9M | 24.6M | 25.3M | 25.3M | 26.0M |
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Additional Tools for Minnova Stock Analysis
When running Minnova Corp's price analysis, check to measure Minnova Corp'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 Minnova Corp is operating at the current time. Most of Minnova Corp's value examination focuses on studying past and present price action to predict the probability of Minnova Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minnova Corp's price. Additionally, you may evaluate how the addition of Minnova Corp to your portfolios can decrease your overall portfolio volatility.