Themac Net Debt vs Non Current Liabilities Total Analysis

MAC Stock

CAD 0.04 0.01 16.67%

Themac Resources financial indicator trend analysis is much more than just breaking down Themac Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Themac Resources is a good investment. Please check the relationship between Themac Resources Net Debt and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Themac Resources Group. 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Themac Resources Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have pay attention.

The correlation between Themac Resources' Net Debt and Non Current Liabilities Total is -0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Themac Resources Group, assuming nothing else is changed. The correlation between historical values of Themac Resources' Net Debt and Non Current Liabilities Total 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 Debt of Themac Resources Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Themac Resources' Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Themac Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Themac Resources 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 Themac Resources Group. 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.

Selling General Administrative is likely to drop to about 1 M in 2024

Themac Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Long Term Investments	Non Current Liabilities Other	Common Stock Shares Outstanding
Total Assets		0.61	0.91	-0.86	0.94	-0.87	-0.91	0.46	0.35	-0.7	-0.76	0.03	-0.92	0.94	0.92	0.95	0.12	0.93	0.51	0.99	0.88	-0.7	-0.74	-0.82	-0.85	-0.4
Other Current Liab	0.61		0.73	-0.85	0.66	-0.75	-0.83	0.07	0.22	-0.6	-0.72	-0.22	-0.53	0.43	0.73	0.64	-0.06	0.43	0.74	0.6	0.81	-0.71	-0.96	-0.75	-0.76	-0.71
Total Current Liabilities	0.91	0.73		-0.95	0.94	-0.96	-0.96	0.25	0.15	-0.86	-0.89	-0.14	-0.88	0.73	1.0	0.98	-0.05	0.89	0.54	0.92	0.91	-0.84	-0.87	-0.77	-0.97	-0.35
Total Stockholder Equity	-0.86	-0.85	-0.95		-0.85	0.97	0.99	-0.11	-0.17	0.86	0.93	0.27	0.84	-0.64	-0.95	-0.91	0.11	-0.77	-0.65	-0.85	-0.95	0.89	0.95	0.87	0.98	0.59
Other Liab	0.94	0.66	0.94	-0.85		-0.87	-0.89	0.44	0.36	-0.68	-0.75	0.06	-0.83	0.86	0.94	0.94	0.2	0.89	0.52	0.95	0.81	-0.71	-0.78	-0.71	-0.86	-0.3
Net Tangible Assets	-0.87	-0.75	-0.96	0.97	-0.87		0.97	-0.08	-0.07	0.9	0.94	0.2	0.88	-0.65	-0.97	-0.94	0.19	-0.83	-0.48	-0.86	-0.9	0.89	0.9	0.8	0.99	0.42
Retained Earnings	-0.91	-0.83	-0.96	0.99	-0.89	0.97		-0.19	-0.22	0.84	0.91	0.21	0.87	-0.72	-0.96	-0.93	0.06	-0.81	-0.65	-0.9	-0.96	0.87	0.93	0.88	0.97	0.57
Accounts Payable	0.46	0.07	0.25	-0.11	0.44	-0.08	-0.19		0.65	0.11	0.08	0.46	-0.3	0.67	0.25	0.34	0.69	0.45	0.33	0.51	0.22	0.12	-0.07	-0.26	-0.08	-0.09
Cash	0.35	0.22	0.15	-0.17	0.36	-0.07	-0.22	0.65		0.21	0.0	0.13	-0.09	0.5	0.15	0.2	0.91	0.19	0.49	0.36	0.15	-0.05	-0.17	-0.28	-0.08	-0.45
Other Assets	-0.7	-0.6	-0.86	0.86	-0.68	0.9	0.84	0.11	0.21		0.88	0.42	0.79	-0.45	-0.86	-0.83	0.41	-0.75	-0.4	-0.71	-0.83	0.81	0.74	0.67	0.91	0.3
Long Term Debt	-0.76	-0.72	-0.89	0.93	-0.75	0.94	0.91	0.08	0.0	0.88		0.38	0.76	-0.53	-0.89	-0.83	0.25	-0.7	-0.5	-0.75	-0.88	0.99	0.85	0.74	0.94	0.45
Net Receivables	0.03	-0.22	-0.14	0.27	0.06	0.2	0.21	0.46	0.13	0.42	0.38		-0.08	0.22	-0.14	-0.01	0.23	0.13	-0.33	0.02	-0.28	0.4	0.21	0.14	0.27	0.34
Other Current Assets	-0.92	-0.53	-0.88	0.84	-0.83	0.88	0.87	-0.3	-0.09	0.79	0.76	-0.08		-0.8	-0.88	-0.93	0.16	-0.94	-0.4	-0.91	-0.85	0.66	0.69	0.84	0.85	0.34
Other Stockholder Equity	0.94	0.43	0.73	-0.64	0.86	-0.65	-0.72	0.67	0.5	-0.45	-0.53	0.22	-0.8		0.74	0.8	0.33	0.84	0.45	0.93	0.73	-0.48	-0.53	-0.7	-0.62	-0.33
Total Liab	0.92	0.73	1.0	-0.95	0.94	-0.97	-0.96	0.25	0.15	-0.86	-0.89	-0.14	-0.88	0.74		0.98	-0.05	0.89	0.54	0.92	0.91	-0.84	-0.86	-0.77	-0.97	-0.35
Short Long Term Debt	0.95	0.64	0.98	-0.91	0.94	-0.94	-0.93	0.34	0.2	-0.83	-0.83	-0.01	-0.93	0.8	0.98		0.01	0.96	0.48	0.95	0.87	-0.77	-0.79	-0.77	-0.93	-0.31
Total Current Assets	0.12	-0.06	-0.05	0.11	0.2	0.19	0.06	0.69	0.91	0.41	0.25	0.23	0.16	0.33	-0.05	0.01		0.05	0.26	0.16	-0.15	0.2	0.11	0.07	0.17	-0.1
Short Term Debt	0.93	0.43	0.89	-0.77	0.89	-0.83	-0.81	0.45	0.19	-0.75	-0.7	0.13	-0.94	0.84	0.89	0.96	0.05		0.34	0.93	0.76	-0.61	-0.6	-0.68	-0.81	-0.15
Common Stock	0.51	0.74	0.54	-0.65	0.52	-0.48	-0.65	0.33	0.49	-0.4	-0.5	-0.33	-0.4	0.45	0.54	0.48	0.26	0.34		0.57	0.68	-0.49	-0.66	-0.77	-0.56	-0.85
Property Plant Equipment	0.99	0.6	0.92	-0.85	0.95	-0.86	-0.9	0.51	0.36	-0.71	-0.75	0.02	-0.91	0.93	0.92	0.95	0.16	0.93	0.57		0.88	-0.69	-0.73	-0.81	-0.85	-0.4
Non Current Assets Total	0.88	0.81	0.91	-0.95	0.81	-0.9	-0.96	0.22	0.15	-0.83	-0.88	-0.28	-0.85	0.73	0.91	0.87	-0.15	0.76	0.68	0.88		-0.82	-0.88	-0.9	-0.91	-0.61
Non Currrent Assets Other	-0.7	-0.71	-0.84	0.89	-0.71	0.89	0.87	0.12	-0.05	0.81	0.99	0.4	0.66	-0.48	-0.84	-0.77	0.2	-0.61	-0.49	-0.69	-0.82		0.84	0.67	0.9	0.45
Non Current Liabilities Total	-0.74	-0.96	-0.87	0.95	-0.78	0.9	0.93	-0.07	-0.17	0.74	0.85	0.21	0.69	-0.53	-0.86	-0.79	0.11	-0.6	-0.66	-0.73	-0.88	0.84		0.8	0.9	0.62
Long Term Investments	-0.82	-0.75	-0.77	0.87	-0.71	0.8	0.88	-0.26	-0.28	0.67	0.74	0.14	0.84	-0.7	-0.77	-0.77	0.07	-0.68	-0.77	-0.81	-0.9	0.67	0.8		0.8	0.79
Non Current Liabilities Other	-0.85	-0.76	-0.97	0.98	-0.86	0.99	0.97	-0.08	-0.08	0.91	0.94	0.27	0.85	-0.62	-0.97	-0.93	0.17	-0.81	-0.56	-0.85	-0.91	0.9	0.9	0.8		0.44
Common Stock Shares Outstanding	-0.4	-0.71	-0.35	0.59	-0.3	0.42	0.57	-0.09	-0.45	0.3	0.45	0.34	0.34	-0.33	-0.35	-0.31	-0.1	-0.15	-0.85	-0.4	-0.61	0.45	0.62	0.79	0.44

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Themac Resources Account Relationship Matchups

Themac Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	84.9M	78.3M	82.6M	85.8M	89.5M	85.0M
Other Current Liab	182.6K	163.0K	1.5M	1.7M	2.0M	2.1M
Total Current Liabilities	121.2M	134.1M	148.0M	162.4M	177.8M	119.8M
Total Stockholder Equity	(38.6M)	(57.8M)	(66.0M)	(77.3M)	(88.9M)	(84.4M)
Other Liab	518.1K	510.8K	547.4K	688.5K	791.8K	516.2K
Net Tangible Assets	(30.1M)	(38.6M)	(57.8M)	(66.0M)	(59.4M)	(56.4M)
Retained Earnings	(88.5M)	(100.0M)	(112.1M)	(125.0M)	(138.4M)	(131.5M)
Accounts Payable	443.4K	293.4K	421.9K	360.6K	650.7K	384.7K
Cash	80.3K	158.8K	87.1K	101.5K	342.4K	359.5K
Other Assets	202.5K	199.1K	183.7K	192.9K	173.6K	238.2K
Net Receivables	717.0	339.0	6.4K	2.4K	523.0	496.85
Other Stockholder Equity	27.9M	30.8M	23.0M	26.9M	31.0M	28.4M
Total Liab	123.5M	136.1M	148.7M	163.0M	178.3M	121.9M
Short Long Term Debt	117.7M	130.8M	143.0M	157.1M	174.7M	106.5M
Total Current Assets	105.9K	179.3K	105.2K	116.4K	358.4K	186.2K
Property Plant Equipment	80.2M	84.6M	77.9M	82.3M	94.7M	81.9M
Non Current Assets Total	84.8M	78.1M	82.5M	85.7M	89.1M	88.6M
Non Currrent Assets Other	78.0M	80.4M	199.1K	183.7K	165.3K	157.1K
Non Current Liabilities Total	2.3M	2.0M	688.5K	647.3K	564.5K	536.3K
Non Current Liabilities Other	2.0M	1.9M	1.8M	1.5M	1.3M	1.6M
Net Invested Capital	79.2M	73.0M	77.0M	79.8M	85.8M	84.1M
Net Working Capital	(121.1M)	(133.9M)	(147.9M)	(162.3M)	(177.4M)	(186.3M)
Net Debt	117.7M	130.7M	143.0M	157.0M	174.3M	144.2M

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