Minera Total Current Assets vs Retained Earnings 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 Total Current Assets and its Retained Earnings 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.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minera Alamos Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Minera Alamos' Total Current Assets and Retained Earnings is -0.61. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings 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' Total Current Assets and Retained Earnings 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 Current Assets of Minera Alamos are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Minera Alamos' Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expenses	5.2M	20.5M	24.3M	25.5M
Interest Expense	6.5K	33.1K	26.6K	25.3K

Other Operating Expenses Interest Expense

Minera Alamos fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Liab	Property Plant And Equipment Net	Non Current Liabilities Total	Other Current Assets	Short Term Investments	Net Tangible Assets	Short Long Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.37	0.83	0.99	-0.7	-0.46	0.9	0.83	0.92	0.71	0.79	0.83	0.8	0.12	0.84	0.92	-0.19	0.4	0.89	0.62	0.89	-0.11	0.92	0.14	0.78	0.92
Short Long Term Debt Total	0.37		0.54	0.25	0.01	-0.38	0.52	0.29	0.24	-0.12	0.22	0.7	0.39	-0.04	0.72	0.43	0.24	-0.4	0.29	0.87	0.56	-0.11	0.36	0.19	0.23	0.37
Total Current Liabilities	0.83	0.54		0.76	-0.42	-0.62	0.89	0.63	0.71	0.68	0.57	0.93	0.8	-0.11	0.94	0.82	0.13	0.39	0.67	0.62	0.88	-0.09	0.76	0.41	0.75	0.77
Total Stockholder Equity	0.99	0.25	0.76		-0.76	-0.42	0.85	0.85	0.92	0.74	0.81	0.75	0.77	0.15	0.75	0.9	-0.25	0.44	0.89	0.53	0.83	-0.07	0.92	0.09	0.78	0.91
Net Debt	-0.7	0.01	-0.42	-0.76		0.51	-0.52	-0.94	-0.46	-0.68	-0.94	-0.44	-0.71	0.27	-0.36	-0.83	0.48	-0.36	-0.39	-0.16	-0.43	-0.26	-0.82	0.09	-0.76	-0.81
Retained Earnings	-0.46	-0.38	-0.62	-0.42	0.51		-0.57	-0.6	-0.22	-0.59	-0.64	-0.56	-0.86	0.55	-0.5	-0.61	-0.23	-0.43	-0.15	-0.18	-0.34	-0.59	-0.63	-0.49	-0.82	-0.64
Accounts Payable	0.9	0.52	0.89	0.85	-0.52	-0.57		0.7	0.81	0.71	0.65	0.91	0.81	-0.12	0.9	0.85	-0.18	0.4	0.77	0.69	0.89	-0.14	0.89	0.14	0.76	0.9
Cash	0.83	0.29	0.63	0.85	-0.94	-0.6	0.7		0.58	0.63	0.99	0.68	0.84	-0.23	0.62	0.95	-0.31	0.26	0.53	0.45	0.63	0.19	0.93	0.09	0.82	0.92
Non Current Assets Total	0.92	0.24	0.71	0.92	-0.46	-0.22	0.81	0.58		0.63	0.54	0.67	0.58	0.42	0.72	0.69	-0.13	0.46	0.99	0.53	0.82	-0.23	0.74	0.08	0.59	0.74
Non Currrent Assets Other	0.71	-0.12	0.68	0.74	-0.68	-0.59	0.71	0.63	0.63		0.64	0.52	0.77	-0.28	0.47	0.68	-0.27	0.81	0.52	0.01	0.53	0.18	0.75	0.15	0.82	0.75
Cash And Short Term Investments	0.79	0.22	0.57	0.81	-0.94	-0.64	0.65	0.99	0.54	0.64		0.6	0.86	-0.25	0.55	0.91	-0.26	0.3	0.48	0.36	0.55	0.3	0.91	0.15	0.84	0.9
Net Receivables	0.83	0.7	0.93	0.75	-0.44	-0.56	0.91	0.68	0.67	0.52	0.6		0.76	-0.13	0.97	0.85	0.01	0.17	0.66	0.8	0.91	-0.14	0.8	0.28	0.69	0.81
Common Stock Shares Outstanding	0.8	0.39	0.8	0.77	-0.71	-0.86	0.81	0.84	0.58	0.77	0.86	0.76		-0.34	0.72	0.88	0.03	0.47	0.52	0.39	0.64	0.38	0.9	0.46	0.96	0.9
Other Stockholder Equity	0.12	-0.04	-0.11	0.15	0.27	0.55	-0.12	-0.23	0.42	-0.28	-0.25	-0.13	-0.34		0.01	-0.18	0.21	-0.11	0.51	0.15	0.12	-0.35	-0.21	-0.07	-0.35	-0.22
Total Liab	0.84	0.72	0.94	0.75	-0.36	-0.5	0.9	0.62	0.72	0.47	0.55	0.97	0.72	0.01		0.82	0.09	0.16	0.72	0.84	0.94	-0.21	0.75	0.3	0.64	0.76
Total Current Assets	0.92	0.43	0.82	0.9	-0.83	-0.61	0.85	0.95	0.69	0.68	0.91	0.85	0.88	-0.18	0.82		-0.22	0.28	0.65	0.61	0.81	0.03	0.95	0.17	0.85	0.95
Short Term Debt	-0.19	0.24	0.13	-0.25	0.48	-0.23	-0.18	-0.31	-0.13	-0.27	-0.26	0.01	0.03	0.21	0.09	-0.22		-0.04	-0.09	-0.02	-0.1	0.3	-0.31	0.82	-0.03	-0.29
Other Current Liab	0.4	-0.4	0.39	0.44	-0.36	-0.43	0.4	0.26	0.46	0.81	0.3	0.17	0.47	-0.11	0.16	0.28	-0.04		0.37	-0.29	0.26	0.34	0.38	0.21	0.56	0.37
Property Plant And Equipment Net	0.89	0.29	0.67	0.89	-0.39	-0.15	0.77	0.53	0.99	0.52	0.48	0.66	0.52	0.51	0.72	0.65	-0.09	0.37		0.59	0.81	-0.28	0.69	0.07	0.51	0.68
Non Current Liabilities Total	0.62	0.87	0.62	0.53	-0.16	-0.18	0.69	0.45	0.53	0.01	0.36	0.8	0.39	0.15	0.84	0.61	-0.02	-0.29	0.59		0.8	-0.4	0.55	0.03	0.27	0.55
Other Current Assets	0.89	0.56	0.88	0.83	-0.43	-0.34	0.89	0.63	0.82	0.53	0.55	0.91	0.64	0.12	0.94	0.81	-0.1	0.26	0.81	0.8		-0.33	0.77	0.12	0.59	0.77
Short Term Investments	-0.11	-0.11	-0.09	-0.07	-0.26	-0.59	-0.14	0.19	-0.23	0.18	0.3	-0.14	0.38	-0.35	-0.21	0.03	0.3	0.34	-0.28	-0.4	-0.33		0.07	0.42	0.37	0.07
Net Tangible Assets	0.92	0.36	0.76	0.92	-0.82	-0.63	0.89	0.93	0.74	0.75	0.91	0.8	0.9	-0.21	0.75	0.95	-0.31	0.38	0.69	0.55	0.77	0.07		0.12	0.88	1.0
Short Long Term Debt	0.14	0.19	0.41	0.09	0.09	-0.49	0.14	0.09	0.08	0.15	0.15	0.28	0.46	-0.07	0.3	0.17	0.82	0.21	0.07	0.03	0.12	0.42	0.12		0.38	0.13
Common Stock	0.78	0.23	0.75	0.78	-0.76	-0.82	0.76	0.82	0.59	0.82	0.84	0.69	0.96	-0.35	0.64	0.85	-0.03	0.56	0.51	0.27	0.59	0.37	0.88	0.38		0.88
Property Plant Equipment	0.92	0.37	0.77	0.91	-0.81	-0.64	0.9	0.92	0.74	0.75	0.9	0.81	0.9	-0.22	0.76	0.95	-0.29	0.37	0.68	0.55	0.77	0.07	1.0	0.13	0.88

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Minera Alamos Account Relationship Matchups

Minera Alamos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3M	33.4M	36.4M	53.3M	51.6M	54.2M
Short Long Term Debt Total	2.6M	101.4K	440.7K	372.0K	6.3M	6.6M
Total Current Liabilities	4.1M	1.4M	4.0M	9.3M	8.0M	8.4M
Total Stockholder Equity	3.1M	31.9M	31.9M	43.2M	37.7M	39.6M
Net Debt	887.3K	(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 Payable	992.4K	900.5K	1.2M	4.2M	4.8M	5.0M
Cash	1.8M	19.9M	7.0M	13.2M	13.8M	14.4M
Non Current Assets Total	2.0M	9.4M	24.7M	25.7M	23.7M	24.8M
Non Currrent Assets Other	1.1M	2.0M	4.3M	5.7M	1.4M	1.6M
Cash And Short Term Investments	5.0M	23.4M	9.4M	13.2M	13.8M	14.4M
Net Receivables	326.3K	377.4K	1.1M	2.6M	3.5M	3.7M
Common Stock Shares Outstanding	357.3M	434.9M	443.3M	461.4M	462.1M	485.2M
Liabilities And Stockholders Equity	7.3M	33.4M	36.4M	53.3M	51.6M	54.2M
Total Liab	4.3M	1.5M	4.5M	10.1M	13.9M	14.6M
Total Current Assets	5.3M	24.0M	11.7M	27.6M	28.0M	29.4M
Short Term Debt	2.5M	101.4K	68.8K	82.9K	942.0K	658.7K
Other Current Liab	1.6M	1.3M	4.0M	3.7M	475K	451.3K
Property Plant And Equipment Net	859.4K	7.4M	20.4M	20.0M	22.3M	23.4M
Non Current Liabilities Total	149.8K	48.4K	420.4K	780.3K	5.9M	6.2M
Other Current Assets	29.2K	128.8K	1.2M	2.7M	3.1M	3.3M
Accumulated Other Comprehensive Income	3.3M	3.3M	3.2M	1.9M	(4.6M)	(4.4M)
Net Tangible Assets	2.5M	(813.7K)	3.1M	31.9M	36.7M	38.5M
Common Stock	73.5M	96.2M	98.2M	104.9M	105.2M	72.3M
Property Plant Equipment	548.7K	642.7K	859.4K	7.4M	8.5M	8.9M
Net Invested Capital	5.3M	31.9M	31.9M	43.2M	43.7M	25.1M
Net Working Capital	1.2M	22.6M	7.6M	18.3M	20.0M	11.1M
Capital Stock	73.5M	96.2M	98.2M	104.9M	105.2M	99.6M

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