Magna Cash Per Share vs Pe Ratio Analysis

NICU Stock

1.42 0.01 0.71%

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

Cash Per Share vs Pe Ratio

Cash Per Share vs Pe Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna Mining Cash Per Share account and Pe Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Magna Mining's Cash Per Share and Pe Ratio is 0.58. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Pe Ratio in the same time period over historical financial statements of Magna Mining, assuming nothing else is changed. The correlation between historical values of Magna Mining's Cash Per Share and Pe Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Magna Mining are associated (or correlated) with its Pe Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pe Ratio has no effect on the direction of Cash Per Share i.e., Magna Mining's Cash Per Share and Pe Ratio go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Cash Per Share

Pe Ratio

Most indicators from Magna Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magna 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 Magna 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.

Enterprise Value is likely to climb to about 83.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.8 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	1.8K	97.0K	856.6K	899.4K
Net Interest Income	1.8K	32.2K	498.8K	523.8K

Interest Income Net Interest Income

Magna Mining fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock
Other Current Liab		0.83	0.85	0.98	-0.92	0.82	0.77	0.98	0.95	0.98	0.88	0.93	0.89	0.97	0.93	0.96	0.74	0.85	0.85	0.88	-0.69	0.94	0.88	0.89	0.94	0.89
Total Current Liabilities	0.83		0.84	0.83	-0.91	0.98	0.76	0.85	0.82	0.83	0.87	0.91	0.78	0.92	0.91	0.85	0.57	0.82	0.98	0.68	-0.49	0.89	0.99	0.78	0.95	0.98
Other Liab	0.85	0.84		0.88	-0.91	0.74	0.98	0.91	0.94	0.89	0.79	0.96	0.95	0.89	0.96	0.92	0.77	0.97	0.88	0.93	-0.74	0.85	0.87	0.95	0.94	0.93
Net Tangible Assets	0.98	0.83	0.88		-0.92	0.81	0.79	0.96	0.96	1.0	0.87	0.93	0.89	0.97	0.93	0.95	0.73	0.84	0.85	0.87	-0.68	0.94	0.87	0.89	0.93	0.88
Retained Earnings	-0.92	-0.91	-0.91	-0.92		-0.87	-0.89	-0.97	-0.97	-0.92	-0.77	-0.94	-0.84	-0.94	-0.93	-0.98	-0.85	-0.92	-0.96	-0.87	0.79	-0.85	-0.96	-0.84	-0.96	-0.96
Accounts Payable	0.82	0.98	0.74	0.81	-0.87		0.64	0.82	0.77	0.8	0.86	0.85	0.7	0.9	0.85	0.81	0.5	0.73	0.95	0.6	-0.41	0.86	0.96	0.7	0.9	0.93
Other Assets	0.77	0.76	0.98	0.79	-0.89	0.64		0.87	0.91	0.81	0.67	0.91	0.9	0.8	0.9	0.89	0.84	0.98	0.83	0.94	-0.82	0.74	0.81	0.9	0.88	0.88
Net Receivables	0.98	0.85	0.91	0.96	-0.97	0.82	0.87		0.99	0.97	0.82	0.95	0.9	0.96	0.95	1.0	0.85	0.92	0.9	0.93	-0.8	0.89	0.91	0.9	0.96	0.93
Total Current Assets	0.95	0.82	0.94	0.96	-0.97	0.77	0.91	0.99		0.97	0.78	0.95	0.91	0.94	0.95	0.99	0.87	0.94	0.88	0.95	-0.83	0.87	0.89	0.91	0.94	0.91
Common Stock	0.98	0.83	0.89	1.0	-0.92	0.8	0.81	0.97	0.97		0.86	0.93	0.89	0.97	0.94	0.96	0.75	0.85	0.85	0.88	-0.7	0.94	0.88	0.89	0.94	0.89
Property Plant Equipment	0.88	0.87	0.79	0.87	-0.77	0.86	0.67	0.82	0.78	0.86		0.91	0.88	0.93	0.91	0.79	0.4	0.77	0.82	0.7	-0.33	0.98	0.85	0.88	0.91	0.87
Total Assets	0.93	0.91	0.96	0.93	-0.94	0.85	0.91	0.95	0.95	0.93	0.91		0.97	0.96	1.0	0.94	0.72	0.96	0.93	0.91	-0.67	0.94	0.93	0.97	0.99	0.97
Total Stockholder Equity	0.89	0.78	0.95	0.89	-0.84	0.7	0.9	0.9	0.91	0.89	0.88	0.97		0.9	0.97	0.88	0.68	0.95	0.8	0.94	-0.66	0.91	0.81	1.0	0.93	0.88
Property Plant And Equipment Net	0.97	0.92	0.89	0.97	-0.94	0.9	0.8	0.96	0.94	0.97	0.93	0.96	0.9		0.97	0.95	0.67	0.86	0.92	0.84	-0.61	0.98	0.95	0.9	0.98	0.95
Cash	0.93	0.91	0.96	0.93	-0.93	0.85	0.9	0.95	0.95	0.94	0.91	1.0	0.97	0.97		0.94	0.71	0.96	0.92	0.91	-0.66	0.95	0.93	0.97	0.99	0.97
Non Current Assets Total	0.96	0.85	0.92	0.95	-0.98	0.81	0.89	1.0	0.99	0.96	0.79	0.94	0.88	0.95	0.94		0.87	0.92	0.91	0.93	-0.82	0.87	0.92	0.89	0.95	0.93
Non Currrent Assets Other	0.74	0.57	0.77	0.73	-0.85	0.5	0.84	0.85	0.87	0.75	0.4	0.72	0.68	0.67	0.71	0.87		0.82	0.7	0.88	-0.99	0.53	0.68	0.68	0.71	0.7
Long Term Debt	0.85	0.82	0.97	0.84	-0.92	0.73	0.98	0.92	0.94	0.85	0.77	0.96	0.95	0.86	0.96	0.92	0.82		0.88	0.95	-0.79	0.82	0.86	0.95	0.94	0.92
Common Stock Shares Outstanding	0.85	0.98	0.88	0.85	-0.96	0.95	0.83	0.9	0.88	0.85	0.82	0.93	0.8	0.92	0.92	0.91	0.7	0.88		0.76	-0.63	0.85	1.0	0.8	0.96	0.99
Non Current Liabilities Total	0.88	0.68	0.93	0.87	-0.87	0.6	0.94	0.93	0.95	0.88	0.7	0.91	0.94	0.84	0.91	0.93	0.88	0.95	0.76		-0.87	0.79	0.76	0.94	0.87	0.82
Other Current Assets	-0.69	-0.49	-0.74	-0.68	0.79	-0.41	-0.82	-0.8	-0.83	-0.7	-0.33	-0.67	-0.66	-0.61	-0.66	-0.82	-0.99	-0.79	-0.63	-0.87		-0.47	-0.61	-0.66	-0.65	-0.64
Other Stockholder Equity	0.94	0.89	0.85	0.94	-0.85	0.86	0.74	0.89	0.87	0.94	0.98	0.94	0.91	0.98	0.95	0.87	0.53	0.82	0.85	0.79	-0.47		0.88	0.91	0.95	0.9
Total Liab	0.88	0.99	0.87	0.87	-0.96	0.96	0.81	0.91	0.89	0.88	0.85	0.93	0.81	0.95	0.93	0.92	0.68	0.86	1.0	0.76	-0.61	0.88		0.81	0.97	0.99
Net Invested Capital	0.89	0.78	0.95	0.89	-0.84	0.7	0.9	0.9	0.91	0.89	0.88	0.97	1.0	0.9	0.97	0.89	0.68	0.95	0.8	0.94	-0.66	0.91	0.81		0.93	0.88
Property Plant And Equipment Gross	0.94	0.95	0.94	0.93	-0.96	0.9	0.88	0.96	0.94	0.94	0.91	0.99	0.93	0.98	0.99	0.95	0.71	0.94	0.96	0.87	-0.65	0.95	0.97	0.93		0.99
Capital Stock	0.89	0.98	0.93	0.88	-0.96	0.93	0.88	0.93	0.91	0.89	0.87	0.97	0.88	0.95	0.97	0.93	0.7	0.92	0.99	0.82	-0.64	0.9	0.99	0.88	0.99

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Magna Cash Per Share vs Pe Ratio Analysis

Cash Per Share vs Pe Ratio

Cash Per Share vs Pe Ratio Correlation Analysis

Correlation Coefficient

Cash Per Share

Pe Ratio

Magna Mining fundamental ratios Correlations

Magna Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Magna Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 1.0	Net Receivables
Cash	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 0.99	Total Current Liabilities

Other Current Assets	- 0.99	Non Currrent Assets Other
Non Current Assets Total	- 0.98	Retained Earnings
Total Current Assets	- 0.97	Retained Earnings
Net Receivables	- 0.97	Retained Earnings
Capital Stock	- 0.96	Retained Earnings
Property Plant And Equipment Gross	- 0.96	Retained Earnings