Mach Other Stockholder Equity vs Accounts Payable Analysis

MNR Stock  USD 15.58  0.12  0.78%   
Mach Natural financial indicator trend analysis is infinitely more than just investigating Mach Natural Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mach Natural Resources is a good investment. Please check the relationship between Mach Natural Other Stockholder Equity and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach Natural 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.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mach Natural Resources Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mach Natural's Other Stockholder Equity and Accounts Payable is 0.85. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Mach Natural Resources, assuming nothing else is changed. The correlation between historical values of Mach Natural's Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Mach Natural Resources are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Mach Natural's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Mach Natural obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mach Natural Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Mach Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mach Natural 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 Mach Natural 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, Mach Natural's Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024, Enterprise Value Over EBITDA is likely to grow to 6.12, while Issuance Of Capital Stock is likely to drop slightly above 130.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M4.2M11.2M11.9M
Depreciation And Amortization40.7M124.8M137.6M144.5M

Mach Natural fundamental ratios Correlations

0.1-0.240.160.54-0.320.470.04-0.4-0.26-0.090.85-0.190.550.040.50.630.40.850.730.530.520.730.740.630.38
0.10.790.990.510.750.621.00.47-0.480.860.40.930.750.990.860.530.470.370.510.670.650.470.450.580.67
-0.240.790.75-0.040.990.120.820.8-0.380.85-0.170.920.270.810.45-0.030.45-0.2-0.070.560.220.020.010.150.16
0.160.990.750.540.720.620.980.44-0.490.830.450.890.80.960.870.580.490.410.540.690.630.530.510.60.66
0.540.51-0.040.54-0.110.850.46-0.5-0.010.150.840.230.830.480.70.910.160.840.940.30.770.840.820.90.95
-0.320.750.990.72-0.110.030.80.83-0.350.82-0.240.90.220.780.39-0.090.38-0.27-0.140.520.15-0.06-0.070.060.1
0.470.620.120.620.850.030.56-0.23-0.260.460.740.40.740.60.820.750.350.760.850.330.820.680.660.80.89
0.041.00.820.980.460.80.560.52-0.480.870.330.950.710.990.810.480.460.30.450.640.60.420.40.530.63
-0.40.470.80.44-0.50.83-0.230.52-0.590.7-0.410.68-0.070.490.18-0.360.34-0.45-0.410.37-0.12-0.35-0.35-0.32-0.28
-0.26-0.48-0.38-0.49-0.01-0.35-0.26-0.48-0.59-0.59-0.3-0.44-0.37-0.46-0.58-0.24-0.5-0.28-0.26-0.53-0.35-0.23-0.23-0.21-0.18
-0.090.860.850.830.150.820.460.870.7-0.590.10.910.450.880.740.170.50.090.20.650.460.130.120.260.37
0.850.4-0.170.450.84-0.240.740.33-0.41-0.30.10.070.830.330.750.910.30.990.960.510.730.860.860.80.73
-0.190.930.920.890.230.90.40.950.68-0.440.910.070.490.960.670.220.40.040.20.560.450.170.150.310.44
0.550.750.270.80.830.220.740.71-0.07-0.370.450.830.490.690.870.940.390.780.860.620.660.890.880.850.8
0.040.990.810.960.480.780.60.990.49-0.460.880.330.960.690.830.470.440.310.460.630.650.40.380.540.66
0.50.860.450.870.70.390.820.810.18-0.580.740.750.670.870.830.740.530.730.790.760.820.680.670.730.77
0.630.53-0.030.580.91-0.090.750.48-0.36-0.240.170.910.220.940.470.740.260.870.930.410.630.950.940.90.83
0.40.470.450.490.160.380.350.460.34-0.50.50.30.40.390.440.530.260.270.280.50.340.390.390.420.24
0.850.37-0.20.410.84-0.270.760.3-0.45-0.280.090.990.040.780.310.730.870.270.970.50.770.820.810.780.73
0.730.51-0.070.540.94-0.140.850.45-0.41-0.260.20.960.20.860.460.790.930.280.970.460.830.870.860.880.88
0.530.670.560.690.30.520.330.640.37-0.530.650.510.560.620.630.760.410.50.50.460.540.450.460.430.32
0.520.650.220.630.770.150.820.6-0.12-0.350.460.730.450.660.650.820.630.340.770.830.540.560.540.710.83
0.730.470.020.530.84-0.060.680.42-0.35-0.230.130.860.170.890.40.680.950.390.820.870.450.561.00.940.75
0.740.450.010.510.82-0.070.660.4-0.35-0.230.120.860.150.880.380.670.940.390.810.860.460.541.00.930.73
0.630.580.150.60.90.060.80.53-0.32-0.210.260.80.310.850.540.730.90.420.780.880.430.710.940.930.89
0.380.670.160.660.950.10.890.63-0.28-0.180.370.730.440.80.660.770.830.240.730.880.320.830.750.730.89
Click cells to compare fundamentals

Mach Natural Account Relationship Matchups

Mach Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B525.4M887.4M2.3B2.4B
Short Long Term Debt Total1.0B983.3M85.8M99.7M824.5M421.4M
Total Stockholder Equity1.0B1.0B278.7M593.2M1.2B1.3B
Property Plant And Equipment Net5.7M5.6M343.2M698.2M1.9B2.0B
Net Debt1.0B959.8M26.5M70.3M671.7M394.3M
Cash20.2M23.5M59.3M29.4M152.8M160.4M
Non Current Assets Total1.7B1.8B346.9M701.2M2.0B2.1B
Non Currrent Assets Other1.7B1.8B3.7M3.1M22.2M21.1M
Cash And Short Term Investments205.4M132.3M59.3M29.4M152.8M160.4M
Net Receivables1.3M5.4M93.9M129.8M132.2M138.8M
Liabilities And Stockholders Equity1.9B1.9B525.4M887.4M2.3B2.4B
Non Current Liabilities Total857.3M898.2M117.2M141.6M837.9M879.8M
Other Stockholder Equity665.8M568.9M278.7M1.2B1.4B1.4B
Total Liab860.9M902.2M246.7M294.2M1.1B1.2B
Total Current Assets213.5M145.3M178.5M186.2M343.6M360.8M
Common Stock964K981K983K593.2M682.2M716.3M
Accumulated Other Comprehensive Income(3.3M)(3.4M)(4.3M)(2.2M)(2.6M)(2.7M)
Other Current Liab3.6M4.0M118.8M118.4M140.6M147.7M
Total Current Liabilities3.6M4.0M129.4M152.6M274.9M288.7M
Short Term Investments154.9M185.3M108.8M143.5M165.0M116.0M
Other Current Assets6.7M7.6M20.4M2.3M27.2M28.6M

Pair Trading with Mach Natural

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mach Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mach Natural will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mach Stock

  0.75SD SandRidge EnergyPairCorr

Moving against Mach Stock

  0.47CNX CNX Resources Corp Fiscal Year End 23rd of January 2025 PairCorr
  0.35DMLP Dorchester MineralsPairCorr
  0.34EPSN Epsilon EnergyPairCorr
The ability to find closely correlated positions to Mach Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mach Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mach Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mach Natural Resources to buy it.
The correlation of Mach Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mach Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mach Natural Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mach Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Mach Stock Analysis

When running Mach Natural's price analysis, check to measure Mach Natural's 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 Mach Natural is operating at the current time. Most of Mach Natural's value examination focuses on studying past and present price action to predict the probability of Mach Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mach Natural's price. Additionally, you may evaluate how the addition of Mach Natural to your portfolios can decrease your overall portfolio volatility.