Mineral Net Borrowings vs Stock Based Compensation Analysis

MIN Stock

35.80 1.11 3.01%

Mineral Resources financial indicator trend analysis is infinitely more than just investigating Mineral Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mineral Resources is a good investment. Please check the relationship between Mineral Resources Net Borrowings and its Stock Based Compensation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mineral Resources. 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.

Net Borrowings vs Stock Based Compensation

Net Borrowings vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mineral Resources Net Borrowings account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Mineral Resources' Net Borrowings and Stock Based Compensation is -0.03. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Mineral Resources, assuming nothing else is changed. The correlation between historical values of Mineral Resources' Net Borrowings and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Mineral Resources are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Borrowings i.e., Mineral Resources' Net Borrowings and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Mineral Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mineral Resources 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 Mineral Resources. 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 gain to about 1.5 B in 2024, despite the fact that Tax Provision is likely to grow to (8.6 M).

	2021	2022	2023	2024 (projected)
Interest Expense	123.4M	233.2M	262M	275.1M
Depreciation And Amortization	352.2M	450.4M	628M	659.4M

Interest Expense Depreciation And Amortization

Mineral Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross
Total Assets		0.99	0.89	0.97	0.94	0.87	0.95	0.73	0.89	0.89	0.96	0.56	0.98	0.79	0.17	0.98	0.56	0.98	-0.73	0.31	0.44	0.99	0.93	0.32	0.99	0.98
Short Long Term Debt Total	0.99		0.9	0.96	0.88	0.83	0.96	0.73	0.93	0.83	0.97	0.49	0.98	0.78	0.16	1.0	0.49	0.99	-0.69	0.23	0.36	1.0	0.94	0.32	1.0	0.98
Other Current Liab	0.89	0.9		0.94	0.72	0.61	0.95	0.58	0.94	0.63	0.95	0.2	0.93	0.58	-0.05	0.9	0.21	0.93	-0.53	0.23	0.37	0.9	0.88	0.2	0.93	0.94
Total Current Liabilities	0.97	0.96	0.94		0.86	0.76	0.98	0.73	0.92	0.8	0.99	0.41	0.99	0.68	0.06	0.95	0.41	0.96	-0.64	0.28	0.41	0.96	0.91	0.2	0.98	0.98
Total Stockholder Equity	0.94	0.88	0.72	0.86		0.92	0.8	0.66	0.68	0.99	0.83	0.76	0.88	0.81	0.28	0.87	0.75	0.86	-0.78	0.44	0.54	0.88	0.84	0.38	0.88	0.85
Other Liab	0.87	0.83	0.61	0.76	0.92		0.73	0.66	0.62	0.93	0.76	0.76	0.8	0.72	0.27	0.82	0.75	0.8	-0.74	0.37	0.45	0.82	0.74	0.36	0.81	0.79
Property Plant And Equipment Net	0.95	0.96	0.95	0.98	0.8	0.73		0.69	0.97	0.72	0.99	0.29	0.99	0.62	-0.02	0.95	0.29	0.98	-0.6	0.25	0.39	0.96	0.9	0.17	0.98	0.99
Current Deferred Revenue	0.73	0.73	0.58	0.73	0.66	0.66	0.69		0.62	0.65	0.71	0.5	0.72	0.61	0.15	0.72	0.49	0.7	-0.35	0.04	0.13	0.76	0.63	0.02	0.73	0.72
Net Debt	0.89	0.93	0.94	0.92	0.68	0.62	0.97	0.62		0.59	0.96	0.14	0.94	0.63	-0.11	0.93	0.14	0.95	-0.53	0.14	0.28	0.93	0.91	0.27	0.94	0.95
Retained Earnings	0.89	0.83	0.63	0.8	0.99	0.93	0.72	0.65	0.59		0.76	0.83	0.81	0.78	0.35	0.82	0.83	0.8	-0.78	0.39	0.47	0.82	0.76	0.36	0.82	0.79
Accounts Payable	0.96	0.97	0.95	0.99	0.83	0.76	0.99	0.71	0.96	0.76		0.34	0.99	0.68	-0.02	0.96	0.34	0.98	-0.63	0.24	0.38	0.97	0.92	0.21	0.98	1.0
Cash	0.56	0.49	0.2	0.41	0.76	0.76	0.29	0.5	0.14	0.83	0.34		0.42	0.62	0.69	0.49	1.0	0.42	-0.6	0.32	0.32	0.48	0.38	0.24	0.46	0.38
Non Current Assets Total	0.98	0.98	0.93	0.99	0.88	0.8	0.99	0.72	0.94	0.81	0.99	0.42		0.7	0.07	0.97	0.42	0.99	-0.67	0.28	0.41	0.98	0.92	0.22	0.99	1.0
Non Currrent Assets Other	0.79	0.78	0.58	0.68	0.81	0.72	0.62	0.61	0.63	0.78	0.68	0.62	0.7		0.19	0.79	0.61	0.73	-0.63	0.16	0.26	0.78	0.86	0.65	0.75	0.71
Other Assets	0.17	0.16	-0.05	0.06	0.28	0.27	-0.02	0.15	-0.11	0.35	-0.02	0.69	0.07	0.19		0.16	0.7	0.06	-0.31	0.19	0.16	0.14	0.0	-0.06	0.12	0.02
Long Term Debt	0.98	1.0	0.9	0.95	0.87	0.82	0.95	0.72	0.93	0.82	0.96	0.49	0.97	0.79	0.16		0.49	0.99	-0.69	0.22	0.35	1.0	0.94	0.34	0.99	0.98
Cash And Short Term Investments	0.56	0.49	0.21	0.41	0.75	0.75	0.29	0.49	0.14	0.83	0.34	1.0	0.42	0.61	0.7	0.49		0.41	-0.59	0.33	0.33	0.48	0.38	0.24	0.45	0.38
Net Receivables	0.98	0.99	0.93	0.96	0.86	0.8	0.98	0.7	0.95	0.8	0.98	0.42	0.99	0.73	0.06	0.99	0.41		-0.65	0.26	0.39	0.99	0.93	0.26	0.99	0.99
Good Will	-0.73	-0.69	-0.53	-0.64	-0.78	-0.74	-0.6	-0.35	-0.53	-0.78	-0.63	-0.6	-0.67	-0.63	-0.31	-0.69	-0.59	-0.65		-0.27	-0.33	-0.67	-0.65	-0.49	-0.68	-0.64
Common Stock Total Equity	0.31	0.23	0.23	0.28	0.44	0.37	0.25	0.04	0.14	0.39	0.24	0.32	0.28	0.16	0.19	0.22	0.33	0.26	-0.27		0.97	0.22	0.28	0.17	0.25	0.25
Common Stock Shares Outstanding	0.44	0.36	0.37	0.41	0.54	0.45	0.39	0.13	0.28	0.47	0.38	0.32	0.41	0.26	0.16	0.35	0.33	0.39	-0.33	0.97		0.35	0.42	0.21	0.38	0.39
Non Current Liabilities Total	0.99	1.0	0.9	0.96	0.88	0.82	0.96	0.76	0.93	0.82	0.97	0.48	0.98	0.78	0.14	1.0	0.48	0.99	-0.67	0.22	0.35		0.94	0.29	1.0	0.99
Inventory	0.93	0.94	0.88	0.91	0.84	0.74	0.9	0.63	0.91	0.76	0.92	0.38	0.92	0.86	0.0	0.94	0.38	0.93	-0.65	0.28	0.42	0.94		0.52	0.94	0.93
Other Current Assets	0.32	0.32	0.2	0.2	0.38	0.36	0.17	0.02	0.27	0.36	0.21	0.24	0.22	0.65	-0.06	0.34	0.24	0.26	-0.49	0.17	0.21	0.29	0.52		0.28	0.24
Total Liab	0.99	1.0	0.93	0.98	0.88	0.81	0.98	0.73	0.94	0.82	0.98	0.46	0.99	0.75	0.12	0.99	0.45	0.99	-0.68	0.25	0.38	1.0	0.94	0.28		0.99
Property Plant And Equipment Gross	0.98	0.98	0.94	0.98	0.85	0.79	0.99	0.72	0.95	0.79	1.0	0.38	1.0	0.71	0.02	0.98	0.38	0.99	-0.64	0.25	0.39	0.99	0.93	0.24	0.99

Click cells to compare fundamentals

Mineral Resources Account Relationship Matchups

Mineral Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6B	5.7B	7.6B	8.4B	12.2B	12.8B
Short Long Term Debt Total	1.3B	1.3B	3.1B	3.2B	5.3B	5.6B
Other Current Liab	88.8M	78.6M	132.9M	213.2M	493M	517.7M
Total Current Liabilities	924.3M	984.4M	896.4M	1.3B	2.5B	2.6B
Total Stockholder Equity	2.3B	3.2B	3.2B	3.5B	3.5B	3.7B
Other Liab	220.8M	517.8M	642M	479.8M	551.8M	579.4M
Property Plant And Equipment Net	1.7B	2.4B	3.0B	3.5B	8.8B	9.3B
Current Deferred Revenue	13.2M	24.5M	47.5M	30.2M	84M	88.2M
Net Debt	(231.1M)	(280.2M)	697.5M	1.9B	4.4B	4.6B
Retained Earnings	1.7B	2.7B	2.7B	2.5B	2.5B	2.6B
Accounts Payable	305.9M	557.3M	575.6M	821M	1.7B	1.8B
Cash	1.5B	1.5B	2.4B	1.4B	908M	617.2M
Non Current Assets Total	2.7B	3.7B	4.3B	4.9B	9.6B	10.1B
Non Currrent Assets Other	165.9M	96M	421.7M	984.6M	439M	461.0M
Other Assets	826.5M	1.0	816M	69.9M	80.4M	76.4M
Long Term Debt	1.0B	920.2M	2.8B	2.9B	4.6B	4.9B
Cash And Short Term Investments	1.5B	1.5B	2.4B	1.4B	908M	628.8M
Net Receivables	177.5M	331.3M	557.9M	576M	1.0B	1.1B
Common Stock Shares Outstanding	188.3M	188.6M	188.9M	192.7M	197.5M	191.8M
Liabilities And Stockholders Equity	4.6B	5.7B	7.6B	8.4B	12.2B	12.8B
Non Current Liabilities Total	1.4B	1.5B	3.4B	3.6B	6.2B	6.5B
Inventory	155.6M	122.6M	252.6M	606.4M	607M	637.4M
Other Current Assets	38.8M	74.9M	108.5M	913M	98M	117.9M
Total Liab	2.3B	2.5B	4.3B	4.9B	8.6B	9.1B
Property Plant And Equipment Gross	1.8B	3.3B	4.5B	5.6B	10.6B	11.1B
Total Current Assets	1.9B	2.0B	3.3B	3.5B	2.6B	2.8B
Accumulated Other Comprehensive Income	10.1M	15.7M	28.9M	69.4M	132M	138.6M
Short Term Debt	100.5M	157.3M	129.2M	136M	255M	267.8M
Intangible Assets	47.9M	36.7M	24.9M	22.5M	8M	7.6M
Common Stock	526.6M	535.9M	558.3M	969.4M	1.0B	1.1B
Property Plant Equipment	1.8B	2.6B	3.6B	4.5B	5.2B	5.5B
Net Tangible Assets	2.2B	3.2B	3.2B	3.5B	4.0B	2.1B
Other Stockholder Equity	(10.3M)	(21.4M)	(53.8M)	(82.5M)	(95M)	(90.3M)
Long Term Investments	42.3M	388.2M	160.7M	302M	249M	141.4M
Short Long Term Debt	1.2M	26.4M	14.2M	243M	218.7M	229.6M
Long Term Debt Total	1.2B	1.1B	3.0B	3.1B	3.6B	3.8B
Capital Lease Obligations	282.8M	315.3M	310M	316.7M	454M	266.5M

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 Mineral Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC