Monarca Non Current Liabilities Total 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 Non Current Liabilities Total 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.
Non Current Liabilities Total vs Property Plant Equipment
Non Current Liabilities Total 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 Non Current Liabilities Total account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Monarca Minerals' Non Current Liabilities Total and Property Plant Equipment is 0.71. Overlapping area represents the amount of variation of Non Current Liabilities Total 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' Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total i.e., Monarca Minerals' Non Current Liabilities Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
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
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Monarca Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monarca Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2M | 721.5K | 99.0K | 32.4K | 29.2K | 27.7K | |
Total Current Liabilities | 2.6M | 2.9M | 3.4M | 4.3M | 4.9M | 5.2M | |
Total Stockholder Equity | (483.2K) | (2.2M) | (3.3M) | (4.2M) | (3.8M) | (3.6M) | |
Net Debt | (516.0K) | 755.0K | 1.2M | 1.3M | 1.5M | 1.6M | |
Retained Earnings | (30.1M) | (32.8M) | (33.6M) | (33.5M) | (30.1M) | (28.6M) | |
Accounts Payable | 1.4M | 1.5M | 1.7M | 2.2M | 2.5M | 2.7M | |
Cash | 1.8M | 498.7K | 29.3K | 7.1K | 6.4K | 6.1K | |
Cash And Short Term Investments | 1.8M | 523.7K | 39.3K | 8.1K | 7.3K | 6.9K | |
Net Receivables | 191.3K | 155.1K | 13.1K | 5.1K | 5.9K | 5.6K | |
Common Stock Shares Outstanding | 49.7M | 67.9M | 120.2M | 126.6M | 145.5M | 152.8M | |
Liabilities And Stockholders Equity | 2.2M | 721.5K | 99.0K | 32.4K | 29.2K | 27.7K | |
Other Stockholder Equity | 1.2M | 1.6M | 1.0 | 1.4M | 1.3M | 1.2M | |
Total Liab | 2.6M | 2.9M | 3.4M | 4.3M | 4.9M | 2.8M | |
Total Current Assets | 2.0M | 710.3K | 88.4K | 23.3K | 20.9K | 19.9K | |
Accumulated Other Comprehensive Income | 1.6M | 1.7M | 1.4M | 367.3K | 422.4K | 401.3K | |
Other Current Liab | 14.6K | 212.7K | 454.0K | 3.0M | 3.4M | 3.6M | |
Property Plant And Equipment Net | 12.0K | 6.9K | 6.6K | 9.2K | 8.3K | 7.8K | |
Non Current Assets Total | 146.4K | 11.2K | 10.6K | 9.2K | 8.3K | 7.8K | |
Net Tangible Assets | (3.1M) | (488.0K) | (2.2M) | (3.3M) | (3.0M) | (2.8M) | |
Other Current Assets | (700.0) | 31.5K | 36.0K | 10.0K | 9.0K | 16.9K | |
Property Plant Equipment | 7.6K | 7.2K | 6.9K | 10.6K | 9.5K | 9.0K | |
Non Currrent Assets Other | (357.0) | 13.0K | 134.4K | (3.1K) | (2.8K) | (2.7K) | |
Net Invested Capital | 770.5K | (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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