Monarca Total Stockholder Equity vs Total Current Assets 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 Total Stockholder Equity and its Total Current Assets 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.
Total Stockholder Equity vs Total Current Assets
Total Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarca Minerals Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Monarca Minerals' Total Stockholder Equity and Total Current Assets is 0.17. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets 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' Total Stockholder Equity and Total Current 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 Total Stockholder Equity of Monarca Minerals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Monarca Minerals' Total Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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
Click cells to compare fundamentals
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) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Monarca Stock Analysis
When running Monarca Minerals' price analysis, check to measure Monarca Minerals' 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 Monarca Minerals is operating at the current time. Most of Monarca Minerals' value examination focuses on studying past and present price action to predict the probability of Monarca Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monarca Minerals' price. Additionally, you may evaluate how the addition of Monarca Minerals to your portfolios can decrease your overall portfolio volatility.