Minera Net Debt vs Non Current Assets Total Analysis

MAI Stock  CAD 0.28  0.01  3.45%   
Minera Alamos financial indicator trend analysis is infinitely more than just investigating Minera Alamos recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minera Alamos is a good investment. Please check the relationship between Minera Alamos Net Debt and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minera Alamos. 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 Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minera Alamos Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Minera Alamos' Net Debt and Non Current Assets Total is -0.46. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Minera Alamos, assuming nothing else is changed. The correlation between historical values of Minera Alamos' Net Debt and Non Current Assets 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 Minera Alamos are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Minera Alamos' Net Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Minera Alamos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minera Alamos 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 Minera Alamos. 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, Minera Alamos' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 147.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses5.2M20.5M24.3M25.5M
Interest Expense6.5K33.1K26.6K25.3K

Minera Alamos fundamental ratios Correlations

0.370.830.99-0.7-0.460.90.830.920.710.790.830.80.120.840.92-0.190.40.890.620.89-0.110.920.140.780.92
0.370.540.250.01-0.380.520.290.24-0.120.220.70.39-0.040.720.430.24-0.40.290.870.56-0.110.360.190.230.37
0.830.540.76-0.42-0.620.890.630.710.680.570.930.8-0.110.940.820.130.390.670.620.88-0.090.760.410.750.77
0.990.250.76-0.76-0.420.850.850.920.740.810.750.770.150.750.9-0.250.440.890.530.83-0.070.920.090.780.91
-0.70.01-0.42-0.760.51-0.52-0.94-0.46-0.68-0.94-0.44-0.710.27-0.36-0.830.48-0.36-0.39-0.16-0.43-0.26-0.820.09-0.76-0.81
-0.46-0.38-0.62-0.420.51-0.57-0.6-0.22-0.59-0.64-0.56-0.860.55-0.5-0.61-0.23-0.43-0.15-0.18-0.34-0.59-0.63-0.49-0.82-0.64
0.90.520.890.85-0.52-0.570.70.810.710.650.910.81-0.120.90.85-0.180.40.770.690.89-0.140.890.140.760.9
0.830.290.630.85-0.94-0.60.70.580.630.990.680.84-0.230.620.95-0.310.260.530.450.630.190.930.090.820.92
0.920.240.710.92-0.46-0.220.810.580.630.540.670.580.420.720.69-0.130.460.990.530.82-0.230.740.080.590.74
0.71-0.120.680.74-0.68-0.590.710.630.630.640.520.77-0.280.470.68-0.270.810.520.010.530.180.750.150.820.75
0.790.220.570.81-0.94-0.640.650.990.540.640.60.86-0.250.550.91-0.260.30.480.360.550.30.910.150.840.9
0.830.70.930.75-0.44-0.560.910.680.670.520.60.76-0.130.970.850.010.170.660.80.91-0.140.80.280.690.81
0.80.390.80.77-0.71-0.860.810.840.580.770.860.76-0.340.720.880.030.470.520.390.640.380.90.460.960.9
0.12-0.04-0.110.150.270.55-0.12-0.230.42-0.28-0.25-0.13-0.340.01-0.180.21-0.110.510.150.12-0.35-0.21-0.07-0.35-0.22
0.840.720.940.75-0.36-0.50.90.620.720.470.550.970.720.010.820.090.160.720.840.94-0.210.750.30.640.76
0.920.430.820.9-0.83-0.610.850.950.690.680.910.850.88-0.180.82-0.220.280.650.610.810.030.950.170.850.95
-0.190.240.13-0.250.48-0.23-0.18-0.31-0.13-0.27-0.260.010.030.210.09-0.22-0.04-0.09-0.02-0.10.3-0.310.82-0.03-0.29
0.4-0.40.390.44-0.36-0.430.40.260.460.810.30.170.47-0.110.160.28-0.040.37-0.290.260.340.380.210.560.37
0.890.290.670.89-0.39-0.150.770.530.990.520.480.660.520.510.720.65-0.090.370.590.81-0.280.690.070.510.68
0.620.870.620.53-0.16-0.180.690.450.530.010.360.80.390.150.840.61-0.02-0.290.590.8-0.40.550.030.270.55
0.890.560.880.83-0.43-0.340.890.630.820.530.550.910.640.120.940.81-0.10.260.810.8-0.330.770.120.590.77
-0.11-0.11-0.09-0.07-0.26-0.59-0.140.19-0.230.180.3-0.140.38-0.35-0.210.030.30.34-0.28-0.4-0.330.070.420.370.07
0.920.360.760.92-0.82-0.630.890.930.740.750.910.80.9-0.210.750.95-0.310.380.690.550.770.070.120.881.0
0.140.190.410.090.09-0.490.140.090.080.150.150.280.46-0.070.30.170.820.210.070.030.120.420.120.380.13
0.780.230.750.78-0.76-0.820.760.820.590.820.840.690.96-0.350.640.85-0.030.560.510.270.590.370.880.380.88
0.920.370.770.91-0.81-0.640.90.920.740.750.90.810.9-0.220.760.95-0.290.370.680.550.770.071.00.130.88
Click cells to compare fundamentals

Minera Alamos Account Relationship Matchups

Minera Alamos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3M33.4M36.4M53.3M51.6M54.2M
Short Long Term Debt Total2.6M101.4K440.7K372.0K6.3M6.6M
Total Current Liabilities4.1M1.4M4.0M9.3M8.0M8.4M
Total Stockholder Equity3.1M31.9M31.9M43.2M37.7M39.6M
Net Debt887.3K(19.8M)(6.6M)(12.8M)(7.5M)(7.1M)
Retained Earnings(77.4M)(71.3M)(73.2M)(67.3M)(70.1M)(66.6M)
Accounts Payable992.4K900.5K1.2M4.2M4.8M5.0M
Cash1.8M19.9M7.0M13.2M13.8M14.4M
Non Current Assets Total2.0M9.4M24.7M25.7M23.7M24.8M
Non Currrent Assets Other1.1M2.0M4.3M5.7M1.4M1.6M
Cash And Short Term Investments5.0M23.4M9.4M13.2M13.8M14.4M
Net Receivables326.3K377.4K1.1M2.6M3.5M3.7M
Common Stock Shares Outstanding357.3M434.9M443.3M461.4M462.1M485.2M
Liabilities And Stockholders Equity7.3M33.4M36.4M53.3M51.6M54.2M
Total Liab4.3M1.5M4.5M10.1M13.9M14.6M
Total Current Assets5.3M24.0M11.7M27.6M28.0M29.4M
Short Term Debt2.5M101.4K68.8K82.9K942.0K658.7K
Other Current Liab1.6M1.3M4.0M3.7M475K451.3K
Property Plant And Equipment Net859.4K7.4M20.4M20.0M22.3M23.4M
Non Current Liabilities Total149.8K48.4K420.4K780.3K5.9M6.2M
Other Current Assets29.2K128.8K1.2M2.7M3.1M3.3M
Accumulated Other Comprehensive Income3.3M3.3M3.2M1.9M(4.6M)(4.4M)
Net Tangible Assets2.5M(813.7K)3.1M31.9M36.7M38.5M
Common Stock73.5M96.2M98.2M104.9M105.2M72.3M
Property Plant Equipment548.7K642.7K859.4K7.4M8.5M8.9M
Net Invested Capital5.3M31.9M31.9M43.2M43.7M25.1M
Net Working Capital1.2M22.6M7.6M18.3M20.0M11.1M
Capital Stock73.5M96.2M98.2M104.9M105.2M99.6M

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