Monarca Cash And Short Term Investments vs Property Plant Equipment Analysis

MMN Stock  CAD 0.01  0.01  50.00%   
Monarca Minerals financial indicator trend analysis is infinitely more than just investigating Monarca Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monarca Minerals is a good investment. Please check the relationship between Monarca Minerals Cash And Short Term Investments and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarca Minerals. 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.

Cash And Short Term Investments vs Property Plant Equipment

Cash And Short Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarca Minerals Cash And Short Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Monarca Minerals' Cash And Short Term Investments and Property Plant Equipment is -0.06. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Monarca Minerals, assuming nothing else is changed. The correlation between historical values of Monarca Minerals' Cash And Short Term Investments 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 Cash And Short Term Investments of Monarca Minerals 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 Cash And Short Term Investments i.e., Monarca Minerals' Cash And Short Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Monarca Minerals balance sheet. This account contains Monarca Minerals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Monarca Minerals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Property Plant Equipment

Most indicators from Monarca Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monarca Minerals 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 Monarca Minerals. 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 353.4 K in 2024. Enterprise Value Over EBITDA is likely to drop to -3.84 in 2024

Monarca Minerals fundamental ratios Correlations

-0.17-0.590.99-0.210.59-0.680.070.060.39-0.650.490.470.14-0.12-0.520.991.0-0.310.990.64-0.170.15-0.480.680.68
-0.170.78-0.320.54-0.780.650.10.11-0.290.62-0.430.720.030.980.4-0.18-0.2-0.72-0.18-0.65-0.07-0.590.79-0.560.03
-0.590.78-0.710.67-0.840.97-0.13-0.13-0.470.91-0.490.34-0.210.760.83-0.59-0.6-0.44-0.59-0.840.01-0.770.86-0.78-0.37
0.99-0.32-0.71-0.320.69-0.770.090.090.45-0.730.540.330.17-0.27-0.590.980.98-0.180.970.73-0.160.25-0.580.750.66
-0.210.540.67-0.32-0.410.58-0.76-0.76-0.580.52-0.230.48-0.790.520.6-0.14-0.16-0.35-0.14-0.47-0.18-0.560.42-0.350.0
0.59-0.78-0.840.69-0.41-0.85-0.13-0.130.13-0.840.34-0.25-0.09-0.78-0.50.630.630.550.640.890.010.56-0.870.850.44
-0.680.650.97-0.770.58-0.85-0.1-0.1-0.350.94-0.40.18-0.150.670.86-0.69-0.69-0.37-0.69-0.85-0.03-0.760.87-0.81-0.53
0.070.1-0.130.09-0.76-0.13-0.11.00.45-0.07-0.07-0.10.980.12-0.31-0.03-0.02-0.14-0.020.030.180.090.12-0.06-0.02
0.060.11-0.130.09-0.76-0.13-0.11.00.45-0.06-0.07-0.10.980.12-0.31-0.03-0.02-0.14-0.030.020.180.090.13-0.06-0.03
0.39-0.29-0.470.45-0.580.13-0.350.450.45-0.290.72-0.130.6-0.18-0.450.310.34-0.210.290.22-0.340.11-0.140.17-0.01
-0.650.620.91-0.730.52-0.840.94-0.07-0.06-0.29-0.380.16-0.110.640.78-0.66-0.66-0.32-0.67-0.820.14-0.70.89-0.79-0.51
0.49-0.43-0.490.54-0.230.34-0.4-0.07-0.070.72-0.38-0.040.07-0.36-0.280.460.49-0.170.440.45-0.40.06-0.320.450.32
0.470.720.340.330.48-0.250.18-0.1-0.1-0.130.16-0.04-0.110.730.170.490.47-0.770.49-0.18-0.16-0.420.4-0.060.41
0.140.03-0.210.17-0.79-0.09-0.150.980.980.6-0.110.07-0.110.07-0.360.030.05-0.170.030.070.120.10.09-0.02-0.03
-0.120.980.76-0.270.52-0.780.670.120.12-0.180.64-0.360.730.070.41-0.14-0.16-0.79-0.14-0.65-0.11-0.640.81-0.56-0.02
-0.520.40.83-0.590.6-0.50.86-0.31-0.31-0.450.78-0.280.17-0.360.41-0.5-0.5-0.18-0.5-0.57-0.04-0.730.65-0.53-0.4
0.99-0.18-0.590.98-0.140.63-0.69-0.03-0.030.31-0.660.460.490.03-0.14-0.51.0-0.271.00.66-0.160.17-0.510.710.72
1.0-0.2-0.60.98-0.160.63-0.69-0.02-0.020.34-0.660.490.470.05-0.16-0.51.0-0.271.00.66-0.170.17-0.510.710.69
-0.31-0.72-0.44-0.18-0.350.55-0.37-0.14-0.14-0.21-0.32-0.17-0.77-0.17-0.79-0.18-0.27-0.27-0.250.370.310.63-0.530.28-0.22
0.99-0.18-0.590.97-0.140.64-0.69-0.02-0.030.29-0.670.440.490.03-0.14-0.51.01.0-0.250.66-0.150.17-0.520.710.72
0.64-0.65-0.840.73-0.470.89-0.850.030.020.22-0.820.45-0.180.07-0.65-0.570.660.660.370.660.070.52-0.810.990.69
-0.17-0.070.01-0.16-0.180.01-0.030.180.18-0.340.14-0.4-0.160.12-0.11-0.04-0.16-0.170.31-0.150.070.180.020.060.0
0.15-0.59-0.770.25-0.560.56-0.760.090.090.11-0.70.06-0.420.1-0.64-0.730.170.170.630.170.520.18-0.690.460.11
-0.480.790.86-0.580.42-0.870.870.120.13-0.140.89-0.320.40.090.810.65-0.51-0.51-0.53-0.52-0.810.02-0.69-0.77-0.41
0.68-0.56-0.780.75-0.350.85-0.81-0.06-0.060.17-0.790.45-0.06-0.02-0.56-0.530.710.710.280.710.990.060.46-0.770.75
0.680.03-0.370.660.00.44-0.53-0.02-0.03-0.01-0.510.320.41-0.03-0.02-0.40.720.69-0.220.720.690.00.11-0.410.75
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Monarca Minerals Account Relationship Matchups

Monarca Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M721.5K99.0K32.4K29.2K27.7K
Total Current Liabilities2.6M2.9M3.4M4.3M4.9M5.2M
Total Stockholder Equity(483.2K)(2.2M)(3.3M)(4.2M)(3.8M)(3.6M)
Net Debt(516.0K)755.0K1.2M1.3M1.5M1.6M
Retained Earnings(30.1M)(32.8M)(33.6M)(33.5M)(30.1M)(28.6M)
Accounts Payable1.4M1.5M1.7M2.2M2.5M2.7M
Cash1.8M498.7K29.3K7.1K6.4K6.1K
Cash And Short Term Investments1.8M523.7K39.3K8.1K7.3K6.9K
Net Receivables191.3K155.1K13.1K5.1K5.9K5.6K
Common Stock Shares Outstanding49.7M67.9M120.2M126.6M145.5M152.8M
Liabilities And Stockholders Equity2.2M721.5K99.0K32.4K29.2K27.7K
Other Stockholder Equity1.2M1.6M1.01.4M1.3M1.2M
Total Liab2.6M2.9M3.4M4.3M4.9M2.8M
Total Current Assets2.0M710.3K88.4K23.3K20.9K19.9K
Accumulated Other Comprehensive Income1.6M1.7M1.4M367.3K422.4K401.3K
Other Current Liab14.6K212.7K454.0K3.0M3.4M3.6M
Property Plant And Equipment Net12.0K6.9K6.6K9.2K8.3K7.8K
Non Current Assets Total146.4K11.2K10.6K9.2K8.3K7.8K
Net Tangible Assets(3.1M)(488.0K)(2.2M)(3.3M)(3.0M)(2.8M)
Other Current Assets(700.0)31.5K36.0K10.0K9.0K16.9K
Property Plant Equipment7.6K7.2K6.9K10.6K9.5K9.0K
Non Currrent Assets Other(357.0)13.0K134.4K(3.1K)(2.8K)(2.7K)
Net Invested Capital770.5K(949.5K)(2.1M)(2.9M)(2.6M)(2.5M)
Net Working Capital(630.3K)(2.2M)(3.3M)(4.3M)(3.8M)(3.6M)

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