McEwen Net Income vs Change In Cash Analysis

MUX Stock  USD 8.18  0.08  0.97%   
McEwen Mining financial indicator trend analysis is infinitely more than just investigating McEwen Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McEwen Mining is a good investment. Please check the relationship between McEwen Mining Net Income and its Change In Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.

Net Income vs Change In Cash

Net Income vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Net Income account and Change In Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between McEwen Mining's Net Income and Change In Cash is 0.18. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of McEwen Mining, assuming nothing else is changed. The correlation between historical values of McEwen Mining's Net Income and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of McEwen Mining are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., McEwen Mining's Net Income and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in McEwen Mining financial statement analysis. It represents the amount of money remaining after all of McEwen Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Cash

Most indicators from McEwen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McEwen Mining 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 McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.At this time, McEwen Mining's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 52.3 M in 2025, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2025.
 2022 2023 2024 2025 (projected)
Total Operating Expenses97.7M126.4M145.4M152.7M
Cost Of Revenue111.0M201.9M232.1M243.8M

McEwen Mining fundamental ratios Correlations

0.180.980.78-0.29-0.250.581.00.370.560.30.49-0.01-0.120.870.460.10.020.870.050.060.20.660.630.11-0.07
0.180.070.210.47-0.780.440.130.350.41-0.40.680.620.330.390.580.780.610.080.690.620.850.640.670.630.22
0.980.070.78-0.38-0.20.540.980.30.520.370.42-0.03-0.180.760.44-0.04-0.050.79-0.09-0.030.140.620.60.09-0.11
0.780.210.78-0.39-0.060.660.77-0.130.620.360.11-0.050.050.620.56-0.030.190.59-0.10.280.220.340.44-0.080.08
-0.290.47-0.38-0.39-0.51-0.43-0.290.47-0.47-0.670.460.360.260.01-0.250.820.52-0.150.330.230.430.260.220.540.32
-0.25-0.78-0.2-0.06-0.51-0.24-0.22-0.48-0.230.29-0.89-0.61-0.34-0.32-0.45-0.7-0.35-0.06-0.57-0.27-0.74-0.87-0.9-0.81-0.2
0.580.440.540.66-0.43-0.240.530.020.990.10.260.180.210.570.850.140.170.460.330.370.450.390.470.15-0.08
1.00.130.980.77-0.29-0.220.530.370.50.320.47-0.07-0.140.860.40.07-0.010.890.010.020.140.630.60.07-0.07
0.370.350.3-0.130.47-0.480.020.370.0-0.460.730.330.030.520.070.590.070.440.4-0.030.450.590.450.510.07
0.560.410.520.62-0.47-0.230.990.50.00.10.240.250.170.510.890.090.150.410.320.310.450.380.460.17-0.11
0.3-0.40.370.36-0.670.290.10.32-0.460.1-0.28-0.34-0.250.060.03-0.68-0.330.2-0.22-0.01-0.57-0.09-0.04-0.58-0.22
0.490.680.420.110.46-0.890.260.470.730.24-0.280.420.220.590.330.710.220.390.590.150.650.950.870.730.09
-0.010.62-0.03-0.050.36-0.610.18-0.070.330.25-0.340.420.070.020.60.470.52-0.20.280.490.610.450.50.680.26
-0.120.33-0.180.050.26-0.340.21-0.140.030.17-0.250.220.070.050.150.39-0.06-0.060.410.080.510.160.210.240.66
0.870.390.760.620.01-0.320.570.860.520.510.060.590.020.050.390.420.190.950.360.250.30.620.570.120.05
0.460.580.440.56-0.25-0.450.850.40.070.890.030.330.60.150.390.210.350.210.350.410.610.490.610.40.0
0.10.78-0.04-0.030.82-0.70.140.070.590.09-0.680.710.470.390.420.210.650.190.580.450.730.560.520.680.27
0.020.61-0.050.190.52-0.350.17-0.010.070.15-0.330.220.52-0.060.190.350.650.00.210.690.450.230.280.34-0.05
0.870.080.790.59-0.15-0.060.460.890.440.410.20.39-0.2-0.060.950.210.190.00.150.060.030.440.38-0.09-0.02
0.050.69-0.09-0.10.33-0.570.330.010.40.32-0.220.590.280.410.360.350.580.210.150.260.530.430.410.34-0.05
0.060.62-0.030.280.23-0.270.370.02-0.030.31-0.010.150.490.080.250.410.450.690.060.260.320.170.240.120.19
0.20.850.140.220.43-0.740.450.140.450.45-0.570.650.610.510.30.610.730.450.030.530.320.650.670.790.34
0.660.640.620.340.26-0.870.390.630.590.38-0.090.950.450.160.620.490.560.230.440.430.170.650.950.710.09
0.630.670.60.440.22-0.90.470.60.450.46-0.040.870.50.210.570.610.520.280.380.410.240.670.950.680.14
0.110.630.09-0.080.54-0.810.150.070.510.17-0.580.730.680.240.120.40.680.34-0.090.340.120.790.710.680.21
-0.070.22-0.110.080.32-0.2-0.08-0.070.07-0.11-0.220.090.260.660.050.00.27-0.05-0.02-0.050.190.340.090.140.21
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McEwen Mining Account Relationship Matchups

McEwen Mining fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets499.9M525.3M528.7M657.2M755.8M793.6M
Total Current Liabilities45.6M52.4M84.2M30.0M34.5M36.2M
Total Stockholder Equity365.3M375.2M322.8M502.4M577.8M606.7M
Property Plant And Equipment Net329.1M342.3M346.3M170.0M195.4M164.6M
Net Debt32.8M(1.0M)26.6M18.4M16.6M17.4M
Retained Earnings(1.2B)(1.2B)(1.3B)(1.3B)(1.1B)(1.1B)
Cash20.8M54.3M39.8M23.0M26.5M17.2M
Non Current Assets Total446.4M440.3M447.1M604.6M695.3M730.0M
Non Currrent Assets Other9.0M7.1M7.3M15.3M17.6M18.4M
Cash And Short Term Investments20.8M56.1M40.9M24.8M28.5M18.8M
Net Receivables1.8M3.7M2.9M2.4M2.7M2.9M
Common Stock Shares Outstanding40.3M45.5M47.4M47.5M54.7M57.4M
Liabilities And Stockholders Equity499.9M525.3M528.7M657.2M755.8M793.6M
Inventory27.0M15.8M31.7M19.9M22.9M16.5M
Total Liab134.6M135.4M172.4M154.8M178.0M186.9M
Total Current Assets53.5M85.0M81.7M52.7M60.6M31.5M
Short Long Term Debt Total53.7M53.3M66.4M41.5M47.7M50.1M
Other Current Liab4.6M10.0M30.6M4.8M5.5M5.6M
Non Current Liabilities Total89.1M83.0M88.3M124.8M143.5M150.7M
Other Current Assets4.0M13.1M11.9M5.6M6.4M6.7M
Short Term Debt4.9M2.9M11.2M978K1.1M1.1M
Accounts Payable36.1M39.5M34.7M22.7M26.1M27.4M
Common Stock Total Equity1.5B1.5B1.6B1.6B1.9B2.0B
Common Stock1.5B1.6B1.6B1.8B1.6B1.5B
Other Liab38.4M37.8M32.6M33.1M38.1M40.0M
Other Assets117.3M(1K)7.3M1.01.151.09
Long Term Debt24.1M48.9M54.0M40M46M48.3M
Property Plant Equipment418.8M4.8M342.3M2.4M2.8M2.7M
Short Term Investments108.3M1.8M1.1M1.7M2.0M1.9M
Net Tangible Assets499.5M365.3M375.2M322.8M290.5M351.9M
Retained Earnings Total Equity(1.0B)(1.2B)(1.2B)(1.3B)(1.2B)(1.2B)
Non Current Liabilities Other61.2M34.1M34.3M3.8M4.4M4.2M
Long Term Investments108.3M91.0M93.5M419.4M482.3M506.4M
Current Deferred Revenue(36.1M)(39.6M)6.2M1.6M1.8M1.9M
Long Term Debt Total39.5M24.1M48.9M54.0M62.1M65.2M

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