Mineros Current Deferred Revenue vs Short Term Investments Analysis

MSA Stock   1.55  0.04  2.65%   
Mineros SA financial indicator trend analysis is infinitely more than just investigating Mineros SA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mineros SA is a good investment. Please check the relationship between Mineros SA Current Deferred Revenue and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mineros SA. 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.

Current Deferred Revenue vs Short Term Investments

Current Deferred Revenue vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mineros SA Current Deferred Revenue account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mineros SA's Current Deferred Revenue and Short Term Investments is 0.66. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Mineros SA, assuming nothing else is changed. The correlation between historical values of Mineros SA's Current Deferred Revenue and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Mineros SA are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Mineros SA's Current Deferred Revenue and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Term Investments

Short Term Investments is an item under the current assets section of Mineros SA balance sheet. It contains any investments Mineros SA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mineros SA can easily liquidate in the marketplace.
Most indicators from Mineros SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mineros SA 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 Mineros SA. 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.
As of the 2nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Selling General Administrative is likely to drop about 9 M.
 2021 2022 2023 2024 (projected)
Total Revenue496.2M529.0M447.3M319.0M
Depreciation And Amortization1.4M1.5M1.4M1.4M

Mineros SA fundamental ratios Correlations

0.360.830.920.880.87-0.7-0.2-0.120.730.810.88-0.230.470.130.4-0.540.75-0.39-0.440.90.810.67-0.650.030.84
0.360.160.430.060.5-0.290.220.470.680.250.35-0.410.85-0.24-0.35-0.440.65-0.050.40.580.270.15-0.50.420.53
0.830.160.790.760.84-0.7-0.44-0.160.480.80.65-0.360.230.230.55-0.460.55-0.64-0.60.720.730.42-0.65-0.240.7
0.920.430.790.70.85-0.57-0.21-0.040.880.790.7-0.420.580.050.32-0.60.73-0.43-0.410.940.840.62-0.70.120.96
0.880.060.760.70.64-0.56-0.41-0.080.410.710.740.110.150.450.5-0.190.4-0.36-0.490.60.790.55-0.33-0.190.59
0.870.50.840.850.64-0.74-0.22-0.170.710.830.78-0.620.53-0.120.47-0.770.84-0.55-0.460.910.640.41-0.910.120.83
-0.7-0.29-0.7-0.57-0.56-0.740.060.26-0.44-0.66-0.70.45-0.250.21-0.390.66-0.690.610.43-0.68-0.38-0.590.710.24-0.52
-0.20.22-0.44-0.21-0.41-0.220.06-0.3-0.03-0.60.130.170.24-0.66-0.56-0.120.270.530.570.02-0.520.290.110.2-0.24
-0.120.47-0.16-0.04-0.08-0.170.26-0.30.220.01-0.370.110.360.54-0.410.42-0.20.140.48-0.130.3-0.230.240.170.08
0.730.680.480.880.410.71-0.44-0.030.220.60.52-0.470.8-0.080.05-0.550.74-0.19-0.130.870.730.55-0.660.40.93
0.810.250.80.790.710.83-0.66-0.60.010.60.59-0.530.30.180.57-0.60.57-0.67-0.610.730.740.32-0.74-0.040.76
0.880.350.650.70.740.78-0.70.13-0.370.520.59-0.120.38-0.160.3-0.610.82-0.23-0.310.820.460.69-0.640.060.59
-0.23-0.41-0.36-0.420.11-0.620.450.170.11-0.47-0.53-0.12-0.380.49-0.290.81-0.520.580.31-0.5-0.120.090.8-0.18-0.5
0.470.850.230.580.150.53-0.250.240.360.80.30.38-0.38-0.17-0.31-0.430.680.030.360.670.420.37-0.50.430.65
0.13-0.240.230.050.45-0.120.21-0.660.54-0.080.18-0.160.49-0.170.140.66-0.430.01-0.09-0.190.55-0.070.4-0.240.03
0.4-0.350.550.320.50.47-0.39-0.56-0.410.050.570.3-0.29-0.310.14-0.310.09-0.49-0.890.230.340.03-0.44-0.160.22
-0.54-0.44-0.46-0.6-0.19-0.770.66-0.120.42-0.55-0.6-0.610.81-0.430.66-0.31-0.820.50.33-0.76-0.14-0.320.9-0.18-0.58
0.750.650.550.730.40.84-0.690.27-0.20.740.570.82-0.520.68-0.430.09-0.82-0.21-0.130.920.40.56-0.820.30.72
-0.39-0.05-0.64-0.43-0.36-0.550.610.530.14-0.19-0.67-0.230.580.030.01-0.490.5-0.210.54-0.35-0.33-0.010.550.57-0.4
-0.440.4-0.6-0.41-0.49-0.460.430.570.48-0.13-0.61-0.310.310.36-0.09-0.890.33-0.130.54-0.3-0.39-0.120.430.18-0.36
0.90.580.720.940.60.91-0.680.02-0.130.870.730.82-0.50.67-0.190.23-0.760.92-0.35-0.30.670.64-0.820.220.91
0.810.270.730.840.790.64-0.38-0.520.30.730.740.46-0.120.420.550.34-0.140.4-0.33-0.390.670.45-0.380.010.83
0.670.150.420.620.550.41-0.590.29-0.230.550.320.690.090.37-0.070.03-0.320.56-0.01-0.120.640.45-0.320.010.51
-0.65-0.5-0.65-0.7-0.33-0.910.710.110.24-0.66-0.74-0.640.8-0.50.4-0.440.9-0.820.550.43-0.82-0.38-0.32-0.2-0.7
0.030.42-0.240.12-0.190.120.240.20.170.4-0.040.06-0.180.43-0.24-0.16-0.180.30.570.180.220.010.01-0.20.23
0.840.530.70.960.590.83-0.52-0.240.080.930.760.59-0.50.650.030.22-0.580.72-0.4-0.360.910.830.51-0.70.23
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Mineros SA Account Relationship Matchups

Mineros SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets482.7M530.6M580.0M569.5M493.8M428.5M
Short Long Term Debt Total192.0B162.0B151.1B47.0M32.8M31.2M
Other Current Liab29.8M48.4M60.7M74.3M52.8M30.6M
Total Current Liabilities106.1M126.1M110.6M134.6M84.8M72.3M
Total Stockholder Equity276.7M307.7M367.5M346.6M345.6M289.3M
Property Plant And Equipment Net256.0M252.9M335.3M311.2M295.4M199.0M
Net Debt62.6M10.6M(8.0M)(2.8M)(24.3M)(23.1M)
Retained Earnings49.3M79.0M51.6M12.9M26.4M35.5M
Accounts Payable52.4M50.9M32.8M36.5M18.4M24.8M
Cash18.7M62.2M63.1M49.8M57.1M60.0M
Non Current Assets Total333.9M334.6M405.3M379.8M349.4M294.4M
Non Currrent Assets Other36.2M34.6M35.4M37.3M25.0M23.8M
Other Assets140.5B107.4B132.7B33.1M38.1M36.2M
Cash And Short Term Investments19.7M63.8M63.2M49.9M57.1M36.0M
Short Term Investments1.1M1.5M98K116K6K5.7K
Liabilities And Stockholders Equity482.7M530.6M580.0M569.5M493.8M428.4M
Non Current Liabilities Total99.5M96.5M101.9M88.4M63.4M66.2M
Other Current Assets7.2M4.9M124K5K19K18.1K
Other Stockholder Equity227.4M228.7M315.9M(1.2T)(1.0T)(969.1B)
Total Liab205.6M222.6M212.5M223.0M148.2M138.5M
Total Current Assets148.8M196.0M174.7M189.8M144.3M116.0M
Short Term Debt23.8M26.7M17.2M23.8M13.6M16.0M
Common Stock47.7K47.6K45.3K44K39.6K48.7K
Net Receivables59.6M64.1M50.8M64.7M62.2M59.1M
Inventory62.2M63.2M60.5M75.2M25.0M36.5M
Long Term Debt161.0B191.9B161.9B151.1B173.8B171.6B
Long Term Debt Total161.0B191.9B161.9B151.1B173.8B171.6B
Intangible Assets25.1M39.0M15.6M13.9M13.8M13.1M
Property Plant Equipment791.2B821.8B1.0T228.5M205.6M195.4M
Other Liab140.6B176.6B254.6B65.2M58.6M55.7M
Net Tangible Assets755.0B852.7B1.0T244.2M219.8M208.8M
Net Invested Capital276.7M307.7M367.5M346.6M345.6M346.2M
Net Working Capital42.7M69.9M64.1M55.2M59.6M59.8M

Pair Trading with Mineros SA

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 Mineros SA 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 Mineros SA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mineros Stock

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Moving against Mineros Stock

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The ability to find closely correlated positions to Mineros SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mineros SA 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 Mineros SA - 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 Mineros SA to buy it.
The correlation of Mineros SA 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 Mineros SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mineros SA 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 Mineros SA 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

Other Information on Investing in Mineros Stock

Balance Sheet is a snapshot of the financial position of Mineros SA at a specified time, usually calculated after every quarter, six months, or one year. Mineros SA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mineros SA and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mineros currently owns. An asset can also be divided into two categories, current and non-current.