Monument Invested Capital vs Capex To Depreciation Analysis

MMY Stock

CAD 0.28 0.02 6.67%

Monument Mining financial indicator trend analysis is infinitely more than just investigating Monument Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monument Mining is a good investment. Please check the relationship between Monument Mining Invested Capital and its Capex To Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monument Mining Limited. 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.

Invested Capital vs Capex To Depreciation

Invested Capital vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monument Mining Invested Capital account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Monument Mining's Invested Capital and Capex To Depreciation is -0.14. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Monument Mining Limited, assuming nothing else is changed. The correlation between historical values of Monument Mining's Invested Capital and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Monument Mining Limited are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Invested Capital i.e., Monument Mining's Invested Capital and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Monument Mining Limited. There are two different methods for calculating Monument Mining invested capital: operating approach and financing approach. Understanding Monument Mining invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Monument Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monument Mining 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 Monument Mining Limited. 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, Monument Mining's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 5.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	629K	1.7M	24.8M	26.1M
Total Revenue	14.4M	12.4M	51.4M	29.6M

Gross Profit Total Revenue

Monument Mining fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.08	0.16	0.36	0.99	0.98	-0.03	-0.25	0.88	0.25	0.22	0.98	0.24	0.4	0.27	0.01	0.63	0.62	0.68	0.54	0.34	0.68	0.08	0.79	0.67	0.51
Short Long Term Debt Total	0.08		0.98	0.76	-0.09	0.03	-0.07	0.25	0.07	0.55	-0.15	0.03	-0.09	0.04	0.1	-0.2	-0.19	0.18	0.7	0.24	-0.12	0.09	0.99	0.52	0.43	0.17
Other Current Liab	0.16	0.98		0.78	0.0	0.12	-0.11	0.27	0.16	0.52	-0.18	0.12	-0.1	0.05	0.08	-0.2	-0.15	0.19	0.74	0.25	-0.17	0.12	0.99	0.57	0.46	0.24
Total Current Liabilities	0.36	0.76	0.78		0.22	0.26	0.21	-0.06	0.19	0.89	0.16	0.26	-0.06	0.18	0.34	-0.02	0.21	0.29	0.86	0.6	-0.05	0.52	0.76	0.59	0.75	0.31
Total Stockholder Equity	0.99	-0.09	0.0	0.22		0.97	-0.04	-0.29	0.87	0.14	0.24	0.97	0.26	0.4	0.25	0.04	0.64	0.61	0.54	0.49	0.38	0.65	-0.09	0.69	0.58	0.5
Property Plant And Equipment Net	0.98	0.03	0.12	0.26	0.97		-0.04	-0.09	0.88	0.12	0.05	1.0	0.2	0.32	0.1	0.04	0.61	0.54	0.62	0.36	0.34	0.62	0.03	0.78	0.56	0.45
Current Deferred Revenue	-0.03	-0.07	-0.11	0.21	-0.04	-0.04		-0.1	-0.45	0.16	0.21	-0.06	-0.14	-0.22	0.09	0.39	0.53	-0.43	0.14	0.13	-0.06	0.6	-0.09	0.07	0.28	-0.37
Net Debt	-0.25	0.25	0.27	-0.06	-0.29	-0.09	-0.1		-0.16	-0.19	-0.98	-0.08	-0.03	-0.11	-0.94	0.38	-0.29	-0.24	-0.01	-0.78	-0.15	-0.29	0.25	0.04	-0.43	-0.05
Retained Earnings	0.88	0.07	0.16	0.19	0.87	0.88	-0.45	-0.16		0.08	0.08	0.88	0.1	0.28	0.18	-0.22	0.24	0.69	0.49	0.38	0.3	0.25	0.07	0.62	0.47	0.56
Accounts Payable	0.25	0.55	0.52	0.89	0.14	0.12	0.16	-0.19	0.08		0.28	0.12	0.1	0.28	0.4	0.01	0.16	0.37	0.66	0.61	-0.04	0.46	0.55	0.36	0.63	0.29
Cash	0.22	-0.15	-0.18	0.16	0.24	0.05	0.21	-0.98	0.08	0.28		0.03	0.01	0.11	0.95	-0.26	0.26	0.23	0.08	0.83	0.14	0.34	-0.16	0.0	0.5	0.03
Non Current Assets Total	0.98	0.03	0.12	0.26	0.97	1.0	-0.06	-0.08	0.88	0.12	0.03		0.24	0.36	0.08	0.06	0.61	0.55	0.62	0.35	0.34	0.62	0.02	0.78	0.54	0.47
Non Currrent Assets Other	0.24	-0.09	-0.1	-0.06	0.26	0.2	-0.14	-0.03	0.1	0.1	0.01	0.24		0.88	-0.01	0.38	0.36	0.39	0.07	0.08	0.1	0.35	-0.09	0.15	-0.14	0.4
Other Assets	0.4	0.04	0.05	0.18	0.4	0.32	-0.22	-0.11	0.28	0.28	0.11	0.36	0.88		0.13	0.38	0.37	0.66	0.22	0.32	0.32	0.43	0.03	0.21	0.04	0.72
Cash And Short Term Investments	0.27	0.1	0.08	0.34	0.25	0.1	0.09	-0.94	0.18	0.4	0.95	0.08	-0.01	0.13		-0.45	0.22	0.3	0.26	0.89	0.09	0.33	0.1	0.14	0.6	0.11
Net Receivables	0.01	-0.2	-0.2	-0.02	0.04	0.04	0.39	0.38	-0.22	0.01	-0.26	0.06	0.38	0.38	-0.45		0.21	0.03	-0.05	-0.19	0.19	0.33	-0.22	-0.03	-0.16	0.16
Common Stock Shares Outstanding	0.63	-0.19	-0.15	0.21	0.64	0.61	0.53	-0.29	0.24	0.16	0.26	0.61	0.36	0.37	0.22	0.21		0.1	0.41	0.35	0.22	0.9	-0.2	0.48	0.41	0.12
Other Stockholder Equity	0.62	0.18	0.19	0.29	0.61	0.54	-0.43	-0.24	0.69	0.37	0.23	0.55	0.39	0.66	0.3	0.03	0.1		0.33	0.52	0.54	0.25	0.15	0.3	0.32	0.83
Total Liab	0.68	0.7	0.74	0.86	0.54	0.62	0.14	-0.01	0.49	0.66	0.08	0.62	0.07	0.22	0.26	-0.05	0.41	0.33		0.53	0.05	0.65	0.7	0.92	0.82	0.27
Total Current Assets	0.54	0.24	0.25	0.6	0.49	0.36	0.13	-0.78	0.38	0.61	0.83	0.35	0.08	0.32	0.89	-0.19	0.35	0.52	0.53		0.14	0.56	0.24	0.38	0.81	0.4
Short Term Debt	0.34	-0.12	-0.17	-0.05	0.38	0.34	-0.06	-0.15	0.3	-0.04	0.14	0.34	0.1	0.32	0.09	0.19	0.22	0.54	0.05	0.14		0.19	-0.21	0.11	-0.01	0.28
Intangible Assets	0.68	0.09	0.12	0.52	0.65	0.62	0.6	-0.29	0.25	0.46	0.34	0.62	0.35	0.43	0.33	0.33	0.9	0.25	0.65	0.56	0.19		0.08	0.63	0.65	0.23
Short Term Investments	0.08	0.99	0.99	0.76	-0.09	0.03	-0.09	0.25	0.07	0.55	-0.16	0.02	-0.09	0.03	0.1	-0.22	-0.2	0.15	0.7	0.24	-0.21	0.08		0.52	0.43	0.18
Non Current Liabilities Total	0.79	0.52	0.57	0.59	0.69	0.78	0.07	0.04	0.62	0.36	0.0	0.78	0.15	0.21	0.14	-0.03	0.48	0.3	0.92	0.38	0.11	0.63	0.52		0.72	0.18
Inventory	0.67	0.43	0.46	0.75	0.58	0.56	0.28	-0.43	0.47	0.63	0.5	0.54	-0.14	0.04	0.6	-0.16	0.41	0.32	0.82	0.81	-0.01	0.65	0.43	0.72		0.19
Other Current Assets	0.51	0.17	0.24	0.31	0.5	0.45	-0.37	-0.05	0.56	0.29	0.03	0.47	0.4	0.72	0.11	0.16	0.12	0.83	0.27	0.4	0.28	0.23	0.18	0.18	0.19

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Monument Mining Account Relationship Matchups

Monument Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	247.6M	141.8M	134.0M	133.1M	142.0M	142.8M
Other Current Liab	1.4M	712K	172K	692K	795.8K	756.0K
Total Current Liabilities	6.3M	6.0M	5.3M	9.4M	10.0M	6.1M
Total Stockholder Equity	226.4M	126.9M	120.4M	114.2M	121.1M	126.1M
Property Plant And Equipment Net	222.3M	87.3M	98.4M	108.8M	106.0M	112.0M
Net Debt	(9.7M)	(38.2M)	(20.4M)	(5.4M)	(4.8M)	(5.1M)
Retained Earnings	95.2M	(4.1M)	(10.6M)	(16.9M)	(10.4M)	(9.9M)
Accounts Payable	2.7M	2.8M	5.1M	8.6M	7.7M	3.8M
Cash	9.8M	38.3M	20.7M	5.7M	10.6M	13.1M
Non Current Assets Total	222.5M	87.3M	98.4M	113.9M	111.5M	114.9M
Non Currrent Assets Other	6.1M	287K	148K	5.1M	5.5M	3.4M
Other Assets	6.1M	287K	148K	5.1M	5.8M	3.6M
Cash And Short Term Investments	9.8M	38.3M	20.7M	5.7M	6.5M	6.2M
Net Receivables	782K	416K	1.1M	2.1M	5.7M	6.0M
Common Stock Shares Outstanding	318.6M	322.8M	326.5M	327.0M	327.9M	210.2M
Liabilities And Stockholders Equity	247.6M	141.8M	134.0M	133.1M	153.1M	142.2M
Total Liab	21.2M	14.9M	13.6M	18.9M	20.9M	15.6M
Total Current Assets	25.1M	54.5M	35.6M	19.2M	30.5M	27.9M
Non Current Liabilities Total	14.8M	8.9M	8.3M	9.5M	10.9M	10.3M
Inventory	13.6M	14.5M	12.7M	10.2M	12.8M	13.7M
Other Current Assets	919K	1.3M	1.0M	1.2M	1.4M	1.3M
Accumulated Other Comprehensive Income	1.0M	967K	843K	933K	839.7K	797.7K
Other Liab	14.8M	8.9M	8.1M	9.3M	8.4M	10.7M
Net Tangible Assets	226.4M	126.9M	120.4M	114.2M	102.8M	158.1M
Common Stock	117.4M	117.1M	117.2M	117.3M	134.9M	128.9M
Property Plant Equipment	222.3M	87.3M	98.4M	108.8M	97.9M	142.6M
Net Invested Capital	226.5M	126.9M	120.5M	114.2M	121.1M	139.6M
Net Working Capital	18.8M	48.5M	30.3M	9.8M	20.6M	20.4M
Capital Stock	117.4M	117.1M	117.2M	117.3M	117.4M	93.8M

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