Magna Property Plant And Equipment Net vs Other Stockholder Equity Analysis
MTT Stock | CAD 0.04 0.01 20.00% |
Magna Terra financial indicator trend analysis is infinitely more than just investigating Magna Terra Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magna Terra Minerals is a good investment. Please check the relationship between Magna Terra Property Plant And Equipment Net and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna Terra Minerals. 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.
Property Plant And Equipment Net vs Other Stockholder Equity
Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna Terra Minerals Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Magna Terra's Property Plant And Equipment Net and Other Stockholder Equity is -0.47. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Magna Terra Minerals, assuming nothing else is changed. The correlation between historical values of Magna Terra's Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Magna Terra Minerals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Magna Terra's Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Other Stockholder Equity
Most indicators from Magna Terra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magna Terra Minerals 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 Magna Terra Minerals. 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, Magna Terra's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Magna Terra fundamental ratios Correlations
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Magna Terra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Magna Terra fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.6M | 9.9M | 698.7K | 180.6K | 207.7K | 197.3K | |
Total Current Liabilities | 1.8M | 824.0K | 658.0K | 889.8K | 1.0M | 515.4K | |
Total Stockholder Equity | 8.7M | 9.0M | 40.7K | (709.2K) | (815.6K) | (774.8K) | |
Property Plant And Equipment Net | 2.7M | 3.8M | 6.7M | 9.3M | 10.8M | 11.3M | |
Net Debt | (3.6M) | 224.1K | (107.9K) | (73.4K) | (66.0K) | (69.3K) | |
Retained Earnings | (4.1M) | (4.3M) | (13.9M) | (14.6M) | (13.2M) | (12.5M) | |
Cash | 3.6M | 95.0K | 107.9K | 73.4K | 84.4K | 80.2K | |
Cash And Short Term Investments | 3.8M | 219.8K | 163.4K | 89.4K | 102.8K | 97.6K | |
Net Receivables | 63.5K | 211.4K | 99.0K | 37.4K | 43.0K | 68.1K | |
Common Stock Shares Outstanding | 46.1M | 46.5M | 58.9M | 68.1M | 78.3M | 82.2M | |
Liabilities And Stockholders Equity | 10.6M | 9.9M | 698.7K | 180.6K | 207.7K | 197.3K | |
Other Stockholder Equity | (527.9K) | (1.5M) | (1.8M) | 863.8K | 777.5K | 1.5M | |
Total Liab | 1.8M | 824.0K | 658.0K | 889.8K | 1.0M | 515.4K | |
Total Current Assets | 3.9M | 516.3K | 698.7K | 180.6K | 207.7K | 197.3K | |
Other Current Liab | 866.1K | 149.6K | 381.4K | 477.7K | 549.4K | 301.1K | |
Accounts Payable | 768.7K | 309.8K | 276.6K | 412.1K | 473.9K | 331.8K | |
Net Tangible Assets | 2.9M | 8.7M | (339.5K) | 40.7K | 46.8K | 44.4K | |
Common Stock | 12.8M | 13.3M | 13.0M | 13.2M | 15.2M | 9.5M | |
Short Term Investments | 186.4K | 124.9K | 55.5K | 16K | 14.4K | 13.7K | |
Property Plant Equipment | 2.7M | 3.8M | 6.7M | 9.3M | 10.8M | 11.3M | |
Accumulated Other Comprehensive Income | 1.5M | 1.8M | 863.8K | 745.9K | 857.8K | 853.4K | |
Net Invested Capital | 8.8M | 9.4M | 40.7K | (709.2K) | (638.3K) | (606.4K) | |
Net Working Capital | 2.0M | (307.6K) | 40.7K | (709.2K) | (638.3K) | (606.4K) | |
Capital Stock | 12.8M | 13.3M | 13.0M | 13.2M | 15.2M | 12.0M |
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