Mkango Days Payables Outstanding vs Operating Cash Flow Per Share Analysis

MKA Stock

CAD 0.16 0.01 5.88%

Mkango Resources financial indicator trend analysis is infinitely more than just investigating Mkango Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mkango Resources is a good investment. Please check the relationship between Mkango Resources Days Payables Outstanding and its Operating Cash Flow Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mkango 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.

Days Payables Outstanding vs Operating Cash Flow Per Share

Days Payables Outstanding vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mkango Resources Days Payables Outstanding account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have pay attention.

The correlation between Mkango Resources' Days Payables Outstanding and Operating Cash Flow Per Share is -0.86. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Mkango Resources, assuming nothing else is changed. The correlation between historical values of Mkango Resources' Days Payables Outstanding and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Mkango Resources are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Days Payables Outstanding i.e., Mkango Resources' Days Payables Outstanding and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.86

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Days Payables Outstanding

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Most indicators from Mkango Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mkango 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 Mkango 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.

At this time, Mkango Resources' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 35.62 in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 2.8 M in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	18.4K	253.1K	291.1K	305.6K
Interest Income	25.0	53.0	60.95	57.9

Reconciled Depreciation Interest Income

Mkango Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Net Tangible Assets	Other Current Assets	Short Long Term Debt	Short Term Debt	Common Stock	Property Plant Equipment	Other Liab	Non Current Liabilities Total	Inventory	Current Deferred Revenue
Total Assets		0.77	0.62	-0.48	-0.54	0.49	0.49	0.62	0.82	0.13	0.66	0.59	0.64	0.8	0.26	0.79	0.29	0.09	0.08	0.31	0.73	0.64	-0.71	0.3	-0.25	0.83
Total Current Liabilities	0.77		0.15	0.01	-0.77	0.01	0.01	0.62	0.86	0.25	0.88	0.11	0.86	0.86	0.3	0.87	-0.23	0.32	0.11	0.67	0.86	0.42	-0.65	0.51	-0.16	0.89
Total Stockholder Equity	0.62	0.15		-0.91	0.13	0.91	0.91	0.11	0.26	-0.11	-0.12	0.92	0.0	0.08	0.2	0.06	0.91	0.01	-0.08	-0.09	0.07	0.76	-0.57	-0.48	-0.41	0.22
Net Debt	-0.48	0.01	-0.91		-0.25	-0.99	-0.99	0.07	-0.04	0.02	0.28	-0.98	0.17	0.13	-0.23	0.15	-0.9	0.03	0.11	0.29	0.09	-0.6	0.36	0.58	0.36	0.04
Retained Earnings	-0.54	-0.77	0.13	-0.25		0.18	0.18	-0.56	-0.86	-0.22	-0.82	0.11	-0.55	-0.7	-0.51	-0.74	0.37	-0.15	-0.17	-0.25	-0.94	-0.26	0.61	-0.52	0.28	-0.8
Cash	0.49	0.01	0.91	-0.99	0.18		1.0	-0.06	0.1	-0.02	-0.25	0.99	-0.17	-0.14	0.29	-0.15	0.9	-0.04	-0.12	-0.33	-0.04	0.64	-0.42	-0.57	-0.41	-0.01
Cash And Short Term Investments	0.49	0.01	0.91	-0.99	0.18	1.0		-0.06	0.1	-0.02	-0.25	0.99	-0.17	-0.14	0.29	-0.15	0.9	-0.04	-0.12	-0.33	-0.04	0.64	-0.42	-0.57	-0.41	-0.01
Net Receivables	0.62	0.62	0.11	0.07	-0.56	-0.06	-0.06		0.74	0.22	0.76	0.06	0.52	0.73	0.01	0.72	-0.15	0.44	0.46	0.48	0.61	0.42	-0.47	0.47	-0.43	0.68
Common Stock Shares Outstanding	0.82	0.86	0.26	-0.04	-0.86	0.1	0.1	0.74		0.21	0.86	0.21	0.67	0.83	0.39	0.85	-0.05	0.3	0.2	0.38	0.94	0.59	-0.8	0.45	-0.4	0.93
Other Stockholder Equity	0.13	0.25	-0.11	0.02	-0.22	-0.02	-0.02	0.22	0.21		0.3	0.01	0.2	0.15	-0.17	0.15	-0.19	0.4	-0.1	0.05	0.16	-0.07	0.06	0.26	-0.21	0.06
Total Liab	0.66	0.88	-0.12	0.28	-0.82	-0.25	-0.25	0.76	0.86	0.3		-0.14	0.81	0.91	0.09	0.92	-0.46	0.35	0.23	0.6	0.85	0.25	-0.48	0.75	-0.1	0.87
Total Current Assets	0.59	0.11	0.92	-0.98	0.11	0.99	0.99	0.06	0.21	0.01	-0.14		-0.08	-0.02	0.29	-0.03	0.87	0.01	-0.06	-0.26	0.06	0.68	-0.48	-0.49	-0.44	0.1
Other Current Liab	0.64	0.86	0.0	0.17	-0.55	-0.17	-0.17	0.52	0.67	0.2	0.81	-0.08		0.85	0.04	0.85	-0.39	0.18	0.01	0.7	0.69	0.15	-0.35	0.69	0.12	0.79
Property Plant And Equipment Net	0.8	0.86	0.08	0.13	-0.7	-0.14	-0.14	0.73	0.83	0.15	0.91	-0.02	0.85		0.06	1.0	-0.3	0.13	0.17	0.62	0.83	0.28	-0.49	0.74	0.04	0.94
Accounts Payable	0.26	0.3	0.2	-0.23	-0.51	0.29	0.29	0.01	0.39	-0.17	0.09	0.29	0.04	0.06		0.1	0.2	-0.02	-0.09	-0.15	0.52	0.34	-0.52	-0.21	-0.37	0.28
Non Current Assets Total	0.79	0.87	0.06	0.15	-0.74	-0.15	-0.15	0.72	0.85	0.15	0.92	-0.03	0.85	1.0	0.1		-0.31	0.11	0.15	0.58	0.86	0.27	-0.5	0.74	0.02	0.95
Net Tangible Assets	0.29	-0.23	0.91	-0.9	0.37	0.9	0.9	-0.15	-0.05	-0.19	-0.46	0.87	-0.39	-0.3	0.2	-0.31		-0.04	-0.09	-0.38	-0.23	0.63	-0.37	-0.74	-0.43	-0.14
Other Current Assets	0.09	0.32	0.01	0.03	-0.15	-0.04	-0.04	0.44	0.3	0.4	0.35	0.01	0.18	0.13	-0.02	0.11	-0.04		0.36	0.48	0.1	0.4	-0.32	-0.1	-0.53	0.1
Short Long Term Debt	0.08	0.11	-0.08	0.11	-0.17	-0.12	-0.12	0.46	0.2	-0.1	0.23	-0.06	0.01	0.17	-0.09	0.15	-0.09	0.36		0.15	0.13	0.32	-0.35	-0.08	-0.23	0.14
Short Term Debt	0.31	0.67	-0.09	0.29	-0.25	-0.33	-0.33	0.48	0.38	0.05	0.6	-0.26	0.7	0.62	-0.15	0.58	-0.38	0.48	0.15		0.32	0.18	-0.23	0.42	0.08	0.5
Common Stock	0.73	0.86	0.07	0.09	-0.94	-0.04	-0.04	0.61	0.94	0.16	0.85	0.06	0.69	0.83	0.52	0.86	-0.23	0.1	0.13	0.32		0.37	-0.69	0.54	-0.21	0.93
Property Plant Equipment	0.64	0.42	0.76	-0.6	-0.26	0.64	0.64	0.42	0.59	-0.07	0.25	0.68	0.15	0.28	0.34	0.27	0.63	0.4	0.32	0.18	0.37		-0.88	-0.34	-0.63	0.43
Other Liab	-0.71	-0.65	-0.57	0.36	0.61	-0.42	-0.42	-0.47	-0.8	0.06	-0.48	-0.48	-0.35	-0.49	-0.52	-0.5	-0.37	-0.32	-0.35	-0.23	-0.69	-0.88		0.12	0.56	-0.69
Non Current Liabilities Total	0.3	0.51	-0.48	0.58	-0.52	-0.57	-0.57	0.47	0.45	0.26	0.75	-0.49	0.69	0.74	-0.21	0.74	-0.74	-0.1	-0.08	0.42	0.54	-0.34	0.12		0.37	0.57
Inventory	-0.25	-0.16	-0.41	0.36	0.28	-0.41	-0.41	-0.43	-0.4	-0.21	-0.1	-0.44	0.12	0.04	-0.37	0.02	-0.43	-0.53	-0.23	0.08	-0.21	-0.63	0.56	0.37		-0.13
Current Deferred Revenue	0.83	0.89	0.22	0.04	-0.8	-0.01	-0.01	0.68	0.93	0.06	0.87	0.1	0.79	0.94	0.28	0.95	-0.14	0.1	0.14	0.5	0.93	0.43	-0.69	0.57	-0.13

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Mkango Resources Account Relationship Matchups

Mkango Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.8M	5.3M	1.5M	9.3M	10.7M	11.2M
Total Current Liabilities	289.1K	1.3M	959.7K	2.0M	2.3M	2.5M
Total Stockholder Equity	10.2M	4.0M	(1.2M)	2.5M	2.9M	2.7M
Net Debt	(4.9M)	(4.4M)	1.1M	(996.8K)	(897.1K)	(942.0K)
Retained Earnings	(6.3M)	(39.0M)	(44.6M)	(46.6M)	(41.9M)	(39.8M)
Cash	4.9M	4.4M	493.7K	996.8K	1.1M	1.1M
Cash And Short Term Investments	4.9M	4.4M	493.7K	996.8K	1.1M	1.1M
Net Receivables	203.4K	98.1K	186.7K	449.8K	517.2K	543.1K
Common Stock Shares Outstanding	133.0M	153.1M	215.1M	253.5M	291.5M	306.0M
Liabilities And Stockholders Equity	5.8M	5.3M	1.5M	9.3M	10.7M	11.2M
Other Stockholder Equity	3.8M	4.8M	5.1M	5.7M	6.5M	5.1M
Total Liab	289.1K	1.3M	2.7M	4.7M	5.4M	5.7M
Total Current Assets	5.1M	4.5M	680.4K	1.4M	1.7M	2.7M
Other Current Liab	190.5K	247.3K	385.6K	1.4M	1.6M	1.7M
Property Plant And Equipment Net	64.5K	40.6K	48.2K	1.3M	1.5M	1.6M
Accounts Payable	98.6K	1.0M	574.1K	277.3K	318.9K	299.8K
Non Current Assets Total	651.4K	718.2K	846.5K	7.8M	9.0M	9.5M
Net Tangible Assets	12.2M	10.2M	4.0M	(1.4M)	(1.7M)	(1.6M)
Property Plant Equipment	95.9K	64.5K	40.6K	48.2K	55.4K	45.8K
Accumulated Other Comprehensive Income	120.9K	122.4K	(23.8K)	(70.4K)	(63.4K)	(60.2K)
Current Deferred Revenue	63.9K	48.1K	96.1K	198.6K	228.4K	239.8K
Net Invested Capital	10.2M	4.0M	437.6K	2.5M	2.3M	3.8M
Net Working Capital	4.8M	3.3M	(279.3K)	(588.6K)	(529.7K)	(503.2K)

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