Mineral Net Receivables vs Other Assets Analysis
MIN Stock | 35.10 0.70 1.96% |
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 Receivables and its Other Assets 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 Receivables vs Other Assets
Net Receivables vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mineral Resources Net Receivables account and Other Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Mineral Resources' Net Receivables and Other Assets is 0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Assets 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 Receivables and Other Assets 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 Receivables of Mineral Resources are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Receivables i.e., Mineral Resources' Net Receivables and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Receivables
Other Assets
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 |
Mineral Resources fundamental ratios Correlations
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Mineral Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.