Magna Property Plant Equipment vs Short Long Term Debt 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 Equipment and its Short Long Term Debt 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 Equipment vs Short Long Term Debt
Property Plant Equipment vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna Terra Minerals Property Plant Equipment account and Short Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Magna Terra's Property Plant Equipment and Short Long Term Debt is 0.9. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Long Term Debt 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 Equipment and Short Long Term Debt 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 Equipment of Magna Terra Minerals are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Magna Terra's Property Plant Equipment and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Short Long Term Debt
The total of a company's short-term and long-term borrowings.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
Click cells to compare fundamentals
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 |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Magna Stock Analysis
When running Magna Terra's price analysis, check to measure Magna Terra'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 Magna Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.