Murchison Income Quality vs Payables Turnover Analysis

MUR Stock

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Murchison Minerals financial indicator trend analysis is infinitely more than just investigating Murchison Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Murchison Minerals is a good investment. Please check the relationship between Murchison Minerals Income Quality and its Payables Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murchison 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.

Income Quality vs Payables Turnover

Income Quality vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Murchison Minerals Income Quality account and Payables Turnover. At this time, the significance of the direction appears to have no relationship.

The correlation between Murchison Minerals' Income Quality and Payables Turnover is 0.0. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Murchison Minerals, assuming nothing else is changed. The correlation between historical values of Murchison Minerals' Income Quality and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Murchison Minerals are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Income Quality i.e., Murchison Minerals' Income Quality and Payables Turnover go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

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Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Most indicators from Murchison Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Murchison 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 Murchison 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, Murchison Minerals' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.2 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.98) in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	5.0K	62.0K	47.5K	49.9K
Net Interest Income	5.0K	62.0K	47.5K	49.9K

Interest Income Net Interest Income

Murchison Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Inventory	Net Tangible Assets	Non Currrent Assets Other	Other Assets	Property Plant Equipment	Long Term Investments	Net Invested Capital
Total Assets		0.7	0.15	0.99	-0.38	-0.93	-0.39	0.92	-0.49	0.92	0.32	0.5	0.19	-0.81	-0.22	0.77	0.96	0.38	-0.15	0.09	0.94	-0.75	-0.33	0.5	-0.5	-0.23
Other Current Liab	0.7		0.08	0.63	-0.42	-0.76	-0.16	0.76	-0.39	0.76	-0.07	0.05	0.61	-0.49	0.24	0.87	0.73	0.2	-0.22	0.1	0.7	-0.41	0.08	0.06	-0.05	0.12
Total Current Liabilities	0.15	0.08		0.16	-0.13	-0.08	-0.51	0.09	-0.19	0.09	0.4	0.48	-0.56	-0.35	-0.54	0.04	0.16	0.51	0.11	0.15	0.13	-0.35	-0.04	0.53	-0.61	-0.59
Total Stockholder Equity	0.99	0.63	0.16		-0.39	-0.92	-0.45	0.91	-0.51	0.91	0.37	0.57	0.11	-0.84	-0.29	0.69	0.95	0.44	-0.16	0.14	0.94	-0.78	-0.37	0.58	-0.57	-0.28
Property Plant And Equipment Net	-0.38	-0.42	-0.13	-0.39		0.59	0.57	-0.59	0.96	-0.59	0.15	-0.33	0.11	0.51	0.17	-0.25	-0.54	-0.6	0.58	-0.52	-0.63	0.73	0.14	-0.32	0.49	0.51
Net Debt	-0.93	-0.76	-0.08	-0.92	0.59		0.43	-1.0	0.69	-1.0	-0.03	-0.35	-0.26	0.8	0.09	-0.79	-0.97	-0.46	0.39	-0.29	-0.98	0.8	0.18	-0.37	0.43	0.26
Retained Earnings	-0.39	-0.16	-0.51	-0.45	0.57	0.43		-0.41	0.61	-0.41	-0.27	-0.8	0.35	0.66	0.28	0.03	-0.42	-0.97	0.37	-0.77	-0.51	0.62	0.5	-0.78	0.77	0.55
Cash	0.92	0.76	0.09	0.91	-0.59	-1.0	-0.41		-0.68	1.0	0.03	0.32	0.27	-0.79	-0.08	0.81	0.98	0.46	-0.38	0.3	0.97	-0.79	-0.12	0.34	-0.41	-0.24
Non Current Assets Total	-0.49	-0.39	-0.19	-0.51	0.96	0.69	0.61	-0.68		-0.68	0.1	-0.38	0.17	0.59	0.25	-0.32	-0.64	-0.64	0.58	-0.52	-0.73	0.85	0.17	-0.38	0.57	0.59
Cash And Short Term Investments	0.92	0.76	0.09	0.91	-0.59	-1.0	-0.41	1.0	-0.68		0.03	0.32	0.27	-0.79	-0.08	0.81	0.98	0.46	-0.38	0.3	0.97	-0.79	-0.12	0.34	-0.41	-0.24
Net Receivables	0.32	-0.07	0.4	0.37	0.15	-0.03	-0.27	0.03	0.1	0.03		0.68	-0.4	-0.33	-0.58	0.01	0.22	0.23	0.55	-0.21	0.16	-0.23	-0.33	0.65	-0.56	-0.19
Common Stock Shares Outstanding	0.5	0.05	0.48	0.57	-0.33	-0.35	-0.8	0.32	-0.38	0.32	0.68		-0.51	-0.68	-0.61	-0.05	0.41	0.71	0.07	0.35	0.49	-0.6	-0.75	0.96	-0.89	-0.57
Non Current Liabilities Total	0.19	0.61	-0.56	0.11	0.11	-0.26	0.35	0.27	0.17	0.27	-0.4	-0.51		0.11	0.78	0.55	0.19	-0.32	-0.15	-0.07	0.14	0.27	0.29	-0.53	0.61	0.71
Other Current Assets	-0.81	-0.49	-0.35	-0.84	0.51	0.8	0.66	-0.79	0.59	-0.79	-0.33	-0.68	0.11		0.41	-0.45	-0.8	-0.66	0.18	-0.35	-0.86	0.74	0.39	-0.73	0.71	0.46
Other Stockholder Equity	-0.22	0.24	-0.54	-0.29	0.17	0.09	0.28	-0.08	0.25	-0.08	-0.58	-0.61	0.78	0.41		0.16	-0.2	-0.24	-0.25	0.15	-0.22	0.53	0.33	-0.63	0.78	0.82
Total Liab	0.77	0.87	0.04	0.69	-0.25	-0.79	0.03	0.81	-0.32	0.81	0.01	-0.05	0.55	-0.45	0.16		0.81	0.05	-0.06	-0.07	0.72	-0.43	0.21	-0.02	-0.02	0.14
Total Current Assets	0.96	0.73	0.16	0.95	-0.54	-0.97	-0.42	0.98	-0.64	0.98	0.22	0.41	0.19	-0.8	-0.2	0.81		0.46	-0.25	0.23	0.98	-0.82	-0.13	0.43	-0.49	-0.27
Common Stock	0.38	0.2	0.51	0.44	-0.6	-0.46	-0.97	0.46	-0.64	0.46	0.23	0.71	-0.32	-0.66	-0.24	0.05	0.46		-0.38	0.84	0.54	-0.63	-0.31	0.71	-0.73	-0.5
Accounts Payable	-0.15	-0.22	0.11	-0.16	0.58	0.39	0.37	-0.38	0.58	-0.38	0.55	0.07	-0.15	0.18	-0.25	-0.06	-0.25	-0.38		-0.52	-0.31	0.37	0.01	0.1	0.06	0.21
Inventory	0.09	0.1	0.15	0.14	-0.52	-0.29	-0.77	0.3	-0.52	0.3	-0.21	0.35	-0.07	-0.35	0.15	-0.07	0.23	0.84	-0.52		0.32	-0.34	-0.14	0.32	-0.35	-0.22
Net Tangible Assets	0.94	0.7	0.13	0.94	-0.63	-0.98	-0.51	0.97	-0.73	0.97	0.16	0.49	0.14	-0.86	-0.22	0.72	0.98	0.54	-0.31	0.32		-0.86	-0.26	0.52	-0.55	-0.33
Non Currrent Assets Other	-0.75	-0.41	-0.35	-0.78	0.73	0.8	0.62	-0.79	0.85	-0.79	-0.23	-0.6	0.27	0.74	0.53	-0.43	-0.82	-0.63	0.37	-0.34	-0.86		0.29	-0.61	0.77	0.71
Other Assets	-0.33	0.08	-0.04	-0.37	0.14	0.18	0.5	-0.12	0.17	-0.12	-0.33	-0.75	0.29	0.39	0.33	0.21	-0.13	-0.31	0.01	-0.14	-0.26	0.29		-0.65	0.55	0.36
Property Plant Equipment	0.5	0.06	0.53	0.58	-0.32	-0.37	-0.78	0.34	-0.38	0.34	0.65	0.96	-0.53	-0.73	-0.63	-0.02	0.43	0.71	0.1	0.32	0.52	-0.61	-0.65		-0.84	-0.56
Long Term Investments	-0.5	-0.05	-0.61	-0.57	0.49	0.43	0.77	-0.41	0.57	-0.41	-0.56	-0.89	0.61	0.71	0.78	-0.02	-0.49	-0.73	0.06	-0.35	-0.55	0.77	0.55	-0.84		0.84
Net Invested Capital	-0.23	0.12	-0.59	-0.28	0.51	0.26	0.55	-0.24	0.59	-0.24	-0.19	-0.57	0.71	0.46	0.82	0.14	-0.27	-0.5	0.21	-0.22	-0.33	0.71	0.36	-0.56	0.84

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Murchison Minerals Account Relationship Matchups

Murchison Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6M	2.2M	2.2M	2.8M	2.4M	3.0M
Other Current Liab	330.3K	230.9K	403.2K	357.9K	174.3K	255.4K
Total Current Liabilities	366.1K	230.9K	413.8K	409.5K	184.9K	247.4K
Total Stockholder Equity	1.2M	2.0M	1.8M	2.3M	2.2M	2.5M
Net Debt	(1.4M)	(2.1M)	(1.8M)	(1.6M)	(1.8M)	(1.9M)
Retained Earnings	(29.4M)	(31.3M)	(36.0M)	(41.7M)	(43.5M)	(41.3M)
Cash	1.4M	2.1M	1.8M	1.7M	1.8M	1.6M
Non Current Assets Total	13.3K	75.0K	113.4K	183.8K	134.5K	127.8K
Cash And Short Term Investments	1.4M	2.1M	1.8M	1.7M	1.8M	1.6M
Net Receivables	20.5K	81.7K	247.3K	819.1K	393.5K	389.0K
Common Stock Shares Outstanding	47.4M	71.3M	115.8M	192.2M	228.3M	239.7M
Liabilities And Stockholders Equity	1.6M	2.2M	2.2M	2.8M	2.4M	3.0M
Other Stockholder Equity	458.5K	745.1K	1.0M	1.9M	1.7M	1.6M
Total Liab	366.1K	230.9K	443.2K	431.2K	198.2K	188.3K
Total Current Assets	1.6M	2.2M	2.1M	2.6M	2.2M	1.8M
Common Stock	29.9M	32.3M	35.9M	41.6M	43.4M	32.6M
Accounts Payable	138.2K	35.8K	68.5K	211.3K	190.2K	128.3K
Accumulated Other Comprehensive Income	745.1K	1.0M	1.9M	2.4M	2.2M	1.6M
Net Tangible Assets	1.2M	1.2M	2.0M	1.8M	2.0M	1.9M
Long Term Investments	5.3K	2.1K	2.2K	3.4K	2.6K	0.0
Net Invested Capital	1.2M	2.0M	1.8M	2.4M	2.2M	1.6M
Net Working Capital	1.2M	1.9M	1.7M	2.2M	2.0M	1.7M
Capital Stock	29.9M	32.3M	35.9M	41.6M	43.4M	38.9M

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