Magna Total Assets vs Total Cash From Operating Activities 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 Total Assets and its Total Cash From Operating Activities 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.
Total Assets vs Total Cash From Operating Activities
Total Assets vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna Mining Total Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Magna Mining's Total Assets and Total Cash From Operating Activities is -0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Assets and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Magna Mining are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Assets i.e., Magna Mining's Total Assets and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Magna Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magna Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Cash From Operating Activities
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 |
Magna Mining fundamental ratios Correlations
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Magna Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Magna Stock Analysis
When running Magna Mining's price analysis, check to measure Magna Mining'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 Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining'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 Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.