Mammoth Other Operating Expenses vs Income Before Tax Analysis
MTH Stock | CAD 0.02 0.01 20.00% |
Mammoth Resources financial indicator trend analysis is infinitely more than just investigating Mammoth Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mammoth Resources Corp is a good investment. Please check the relationship between Mammoth Resources Other Operating Expenses and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mammoth Resources Corp. 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 Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mammoth Resources Corp Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Mammoth Resources' Other Operating Expenses and Income Before Tax is -0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Mammoth Resources Corp, assuming nothing else is changed. The correlation between historical values of Mammoth Resources' Other Operating Expenses and Income Before Tax 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 Operating Expenses of Mammoth Resources Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Mammoth Resources' Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mammoth Resources Corp. It is also known as Mammoth Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Mammoth Resources income statement and is an important metric when analyzing Mammoth Resources Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Mammoth Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mammoth Resources Corp 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 Mammoth Resources Corp. 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. Enterprise Value is likely to climb to about 1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 78 K in 2024.
Mammoth Resources fundamental ratios Correlations
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Mammoth Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mammoth Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4M | 3.1M | 5.1M | 242.5K | 37.4K | 35.6K | |
Short Long Term Debt Total | 252.2K | 241.0K | 11.6K | 14.0K | 11.3K | 10.8K | |
Other Current Liab | 548.5K | 468.4K | 161.6K | 136.6K | 360.5K | 378.5K | |
Total Current Liabilities | 800.8K | 709.3K | 173.1K | 150.5K | 371.8K | 220.9K | |
Total Stockholder Equity | 1.6M | 2.3M | 4.8M | 91.9K | (334.4K) | (317.7K) | |
Net Tangible Assets | 1.6M | 1.6M | 2.3M | 4.8M | 5.6M | 5.8M | |
Property Plant And Equipment Net | 2.3M | 2.5M | 3.7M | 4.5M | 5.2M | 5.4M | |
Net Debt | 249.6K | (80.7K) | (698.4K) | (12.3K) | 1.3K | 1.4K | |
Retained Earnings | (2.7M) | (3.0M) | (3.5M) | (6.5M) | (6.9M) | (6.6M) | |
Accounts Payable | 185.15 | 115.4K | 147.6K | 136.3K | 360.4K | 378.5K | |
Cash | 2.6K | 321.7K | 710.0K | 26.3K | 10.0K | 9.5K | |
Non Current Assets Total | 2.4K | 2.4M | 2.6M | 3.9M | 4.5M | 0.0 | |
Non Currrent Assets Other | 135.7K | 114.1K | 178.4K | (4.5M) | (4.1M) | (3.8M) | |
Cash And Short Term Investments | 2.6K | 321.7K | 1.1M | 222.5K | 31.6K | 30.0K | |
Net Receivables | 6.1K | 188.1K | 61.7K | 1.7K | 5.9K | 5.6K | |
Common Stock Shares Outstanding | 32.3M | 37.0M | 60.0M | 67.3M | 77.4M | 81.3M | |
Liabilities And Stockholders Equity | 2.4M | 3.1M | 5.1M | 242.5K | 37.4K | 35.6K | |
Other Current Assets | 32.4K | 188.13 | 8.4K | 18.3K | 5.89 | 5.6 | |
Other Stockholder Equity | 1.0 | 235.1K | 404.9K | 472.9K | 543.9K | 571.1K | |
Total Liab | 850.8K | 759.3K | 223.1K | 150.5K | 371.8K | 235.9K | |
Short Long Term Debt | 252.2K | 241.0K | 11.6K | 14.2K | 11.4K | 10.8K | |
Total Current Assets | 41.1K | 509.8K | 1.2M | 242.5K | 37.4K | 35.6K | |
Accumulated Other Comprehensive Income | 242.2 | 172.2K | 235.1K | 1.7M | 2.0M | 2.1M | |
Short Term Debt | 252.2K | 241.0K | 11.6K | 14.0K | 11.3K | 10.8K | |
Common Stock | 4.1M | 5.1M | 6.2M | 6.1M | 7.0M | 7.4M | |
Property Plant Equipment | 2.3M | 2.3M | 2.4M | 3.7M | 4.3M | 4.5M | |
Other Assets | 135.7K | 0.0 | 1.0 | (4.5M) | (4.1M) | (3.8M) | |
Net Invested Capital | 1.8M | 2.6M | 4.8M | 106.2K | (323.0K) | (306.8K) | |
Net Working Capital | (759.7K) | (199.5K) | 1.0M | 91.9K | (334.4K) | (351.1K) | |
Capital Stock | 4.1M | 5.1M | 6.2M | 6.1M | 7.0M | 5.8M |
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