Mineros Retained Earnings vs Non Current Assets Total 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 Retained Earnings and its Non Current Assets Total 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.

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mineros SA Retained Earnings account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mineros SA's Retained Earnings and Non Current Assets Total is -0.37. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total 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 Retained Earnings and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Mineros SA are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Retained Earnings i.e., Mineros SA's Retained Earnings and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 Revenue	496.2M	529.0M	447.3M	319.0M
Depreciation And Amortization	1.4M	1.5M	1.4M	1.4M

Total Revenue Depreciation And Amortization

Mineros SA 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	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Inventory
Total Assets		0.36	0.83	0.92	0.88	0.87	-0.7	-0.2	-0.12	0.73	0.81	0.88	-0.23	0.47	0.13	0.4	-0.54	0.75	-0.39	-0.44	0.9	0.81	0.67	-0.65	0.03	0.84
Short Long Term Debt Total	0.36		0.16	0.43	0.06	0.5	-0.29	0.22	0.47	0.68	0.25	0.35	-0.41	0.85	-0.24	-0.35	-0.44	0.65	-0.05	0.4	0.58	0.27	0.15	-0.5	0.42	0.53
Other Current Liab	0.83	0.16		0.79	0.76	0.84	-0.7	-0.44	-0.16	0.48	0.8	0.65	-0.36	0.23	0.23	0.55	-0.46	0.55	-0.64	-0.6	0.72	0.73	0.42	-0.65	-0.24	0.7
Total Current Liabilities	0.92	0.43	0.79		0.7	0.85	-0.57	-0.21	-0.04	0.88	0.79	0.7	-0.42	0.58	0.05	0.32	-0.6	0.73	-0.43	-0.41	0.94	0.84	0.62	-0.7	0.12	0.96
Total Stockholder Equity	0.88	0.06	0.76	0.7		0.64	-0.56	-0.41	-0.08	0.41	0.71	0.74	0.11	0.15	0.45	0.5	-0.19	0.4	-0.36	-0.49	0.6	0.79	0.55	-0.33	-0.19	0.59
Property Plant And Equipment Net	0.87	0.5	0.84	0.85	0.64		-0.74	-0.22	-0.17	0.71	0.83	0.78	-0.62	0.53	-0.12	0.47	-0.77	0.84	-0.55	-0.46	0.91	0.64	0.41	-0.91	0.12	0.83
Current Deferred Revenue	-0.7	-0.29	-0.7	-0.57	-0.56	-0.74		0.06	0.26	-0.44	-0.66	-0.7	0.45	-0.25	0.21	-0.39	0.66	-0.69	0.61	0.43	-0.68	-0.38	-0.59	0.71	0.24	-0.52
Net Debt	-0.2	0.22	-0.44	-0.21	-0.41	-0.22	0.06		-0.3	-0.03	-0.6	0.13	0.17	0.24	-0.66	-0.56	-0.12	0.27	0.53	0.57	0.02	-0.52	0.29	0.11	0.2	-0.24
Retained Earnings	-0.12	0.47	-0.16	-0.04	-0.08	-0.17	0.26	-0.3		0.22	0.01	-0.37	0.11	0.36	0.54	-0.41	0.42	-0.2	0.14	0.48	-0.13	0.3	-0.23	0.24	0.17	0.08
Accounts Payable	0.73	0.68	0.48	0.88	0.41	0.71	-0.44	-0.03	0.22		0.6	0.52	-0.47	0.8	-0.08	0.05	-0.55	0.74	-0.19	-0.13	0.87	0.73	0.55	-0.66	0.4	0.93
Cash	0.81	0.25	0.8	0.79	0.71	0.83	-0.66	-0.6	0.01	0.6		0.59	-0.53	0.3	0.18	0.57	-0.6	0.57	-0.67	-0.61	0.73	0.74	0.32	-0.74	-0.04	0.76
Non Current Assets Total	0.88	0.35	0.65	0.7	0.74	0.78	-0.7	0.13	-0.37	0.52	0.59		-0.12	0.38	-0.16	0.3	-0.61	0.82	-0.23	-0.31	0.82	0.46	0.69	-0.64	0.06	0.59
Non Currrent Assets Other	-0.23	-0.41	-0.36	-0.42	0.11	-0.62	0.45	0.17	0.11	-0.47	-0.53	-0.12		-0.38	0.49	-0.29	0.81	-0.52	0.58	0.31	-0.5	-0.12	0.09	0.8	-0.18	-0.5
Other Assets	0.47	0.85	0.23	0.58	0.15	0.53	-0.25	0.24	0.36	0.8	0.3	0.38	-0.38		-0.17	-0.31	-0.43	0.68	0.03	0.36	0.67	0.42	0.37	-0.5	0.43	0.65
Cash And Short Term Investments	0.13	-0.24	0.23	0.05	0.45	-0.12	0.21	-0.66	0.54	-0.08	0.18	-0.16	0.49	-0.17		0.14	0.66	-0.43	0.01	-0.09	-0.19	0.55	-0.07	0.4	-0.24	0.03
Common Stock Shares Outstanding	0.4	-0.35	0.55	0.32	0.5	0.47	-0.39	-0.56	-0.41	0.05	0.57	0.3	-0.29	-0.31	0.14		-0.31	0.09	-0.49	-0.89	0.23	0.34	0.03	-0.44	-0.16	0.22
Short Term Investments	-0.54	-0.44	-0.46	-0.6	-0.19	-0.77	0.66	-0.12	0.42	-0.55	-0.6	-0.61	0.81	-0.43	0.66	-0.31		-0.82	0.5	0.33	-0.76	-0.14	-0.32	0.9	-0.18	-0.58
Non Current Liabilities Total	0.75	0.65	0.55	0.73	0.4	0.84	-0.69	0.27	-0.2	0.74	0.57	0.82	-0.52	0.68	-0.43	0.09	-0.82		-0.21	-0.13	0.92	0.4	0.56	-0.82	0.3	0.72
Other Current Assets	-0.39	-0.05	-0.64	-0.43	-0.36	-0.55	0.61	0.53	0.14	-0.19	-0.67	-0.23	0.58	0.03	0.01	-0.49	0.5	-0.21		0.54	-0.35	-0.33	-0.01	0.55	0.57	-0.4
Other Stockholder Equity	-0.44	0.4	-0.6	-0.41	-0.49	-0.46	0.43	0.57	0.48	-0.13	-0.61	-0.31	0.31	0.36	-0.09	-0.89	0.33	-0.13	0.54		-0.3	-0.39	-0.12	0.43	0.18	-0.36
Total Liab	0.9	0.58	0.72	0.94	0.6	0.91	-0.68	0.02	-0.13	0.87	0.73	0.82	-0.5	0.67	-0.19	0.23	-0.76	0.92	-0.35	-0.3		0.67	0.64	-0.82	0.22	0.91
Total Current Assets	0.81	0.27	0.73	0.84	0.79	0.64	-0.38	-0.52	0.3	0.73	0.74	0.46	-0.12	0.42	0.55	0.34	-0.14	0.4	-0.33	-0.39	0.67		0.45	-0.38	0.01	0.83
Short Term Debt	0.67	0.15	0.42	0.62	0.55	0.41	-0.59	0.29	-0.23	0.55	0.32	0.69	0.09	0.37	-0.07	0.03	-0.32	0.56	-0.01	-0.12	0.64	0.45		-0.32	0.01	0.51
Common Stock	-0.65	-0.5	-0.65	-0.7	-0.33	-0.91	0.71	0.11	0.24	-0.66	-0.74	-0.64	0.8	-0.5	0.4	-0.44	0.9	-0.82	0.55	0.43	-0.82	-0.38	-0.32		-0.2	-0.7
Net Receivables	0.03	0.42	-0.24	0.12	-0.19	0.12	0.24	0.2	0.17	0.4	-0.04	0.06	-0.18	0.43	-0.24	-0.16	-0.18	0.3	0.57	0.18	0.22	0.01	0.01	-0.2		0.23
Inventory	0.84	0.53	0.7	0.96	0.59	0.83	-0.52	-0.24	0.08	0.93	0.76	0.59	-0.5	0.65	0.03	0.22	-0.58	0.72	-0.4	-0.36	0.91	0.83	0.51	-0.7	0.23

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Mineros SA Account Relationship Matchups

Mineros SA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	482.7M	530.6M	580.0M	569.5M	493.8M	428.5M
Short Long Term Debt Total	192.0B	162.0B	151.1B	47.0M	32.8M	31.2M
Other Current Liab	29.8M	48.4M	60.7M	74.3M	52.8M	30.6M
Total Current Liabilities	106.1M	126.1M	110.6M	134.6M	84.8M	72.3M
Total Stockholder Equity	276.7M	307.7M	367.5M	346.6M	345.6M	289.3M
Property Plant And Equipment Net	256.0M	252.9M	335.3M	311.2M	295.4M	199.0M
Net Debt	62.6M	10.6M	(8.0M)	(2.8M)	(24.3M)	(23.1M)
Retained Earnings	49.3M	79.0M	51.6M	12.9M	26.4M	35.5M
Accounts Payable	52.4M	50.9M	32.8M	36.5M	18.4M	24.8M
Cash	18.7M	62.2M	63.1M	49.8M	57.1M	60.0M
Non Current Assets Total	333.9M	334.6M	405.3M	379.8M	349.4M	294.4M
Non Currrent Assets Other	36.2M	34.6M	35.4M	37.3M	25.0M	23.8M
Other Assets	140.5B	107.4B	132.7B	33.1M	38.1M	36.2M
Cash And Short Term Investments	19.7M	63.8M	63.2M	49.9M	57.1M	36.0M
Short Term Investments	1.1M	1.5M	98K	116K	6K	5.7K
Liabilities And Stockholders Equity	482.7M	530.6M	580.0M	569.5M	493.8M	428.4M
Non Current Liabilities Total	99.5M	96.5M	101.9M	88.4M	63.4M	66.2M
Other Current Assets	7.2M	4.9M	124K	5K	19K	18.1K
Other Stockholder Equity	227.4M	228.7M	315.9M	(1.2T)	(1.0T)	(969.1B)
Total Liab	205.6M	222.6M	212.5M	223.0M	148.2M	138.5M
Total Current Assets	148.8M	196.0M	174.7M	189.8M	144.3M	116.0M
Short Term Debt	23.8M	26.7M	17.2M	23.8M	13.6M	16.0M
Common Stock	47.7K	47.6K	45.3K	44K	39.6K	48.7K
Net Receivables	59.6M	64.1M	50.8M	64.7M	62.2M	59.1M
Inventory	62.2M	63.2M	60.5M	75.2M	25.0M	36.5M
Long Term Debt	161.0B	191.9B	161.9B	151.1B	173.8B	171.6B
Long Term Debt Total	161.0B	191.9B	161.9B	151.1B	173.8B	171.6B
Intangible Assets	25.1M	39.0M	15.6M	13.9M	13.8M	13.1M
Property Plant Equipment	791.2B	821.8B	1.0T	228.5M	205.6M	195.4M
Other Liab	140.6B	176.6B	254.6B	65.2M	58.6M	55.7M
Net Tangible Assets	755.0B	852.7B	1.0T	244.2M	219.8M	208.8M
Net Invested Capital	276.7M	307.7M	367.5M	346.6M	345.6M	346.2M
Net Working Capital	42.7M	69.9M	64.1M	55.2M	59.6M	59.8M

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

0.75	AG	First Majestic Silver	Pair Corr
0.82	IE	Ivanhoe Energy	Pair Corr
0.74	FDY	Faraday Copper Corp	Pair Corr

Moving against Mineros Stock

0.49

INFM

Infinico Metals Corp

Pair Corr

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 Correlation Correlation 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.

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Mineros Retained Earnings vs Non Current Assets Total Analysis

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Retained Earnings

Non Current Assets Total

Mineros SA fundamental ratios Correlations

Mineros SA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mineros SA fundamental ratios Accounts

Pair Trading with Mineros SA

Moving together with Mineros Stock

Moving against Mineros Stock

Other Information on Investing in Mineros Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 0.96	Total Current Liabilities
Total Liab	+ 0.94	Total Current Liabilities
Inventory	+ 0.93	Accounts Payable
Total Current Liabilities	+ 0.92	Total Assets
Total Liab	+ 0.92	Non Current Liabilities Total
Total Liab	+ 0.91	Property Plant And Equipment Net

Common Stock	- 0.91	Property Plant And Equipment Net
Other Stockholder Equity	- 0.89	Common Stock Shares Outstanding
Common Stock	- 0.82	Total Liab
Common Stock	- 0.82	Non Current Liabilities Total
Non Current Liabilities Total	- 0.82	Short Term Investments
Short Term Investments	- 0.77	Property Plant And Equipment Net