MAS Asset Turnover vs Total Current Assets Analysis
MAS Stock | CAD 0.02 0.01 100.00% |
MAS Gold financial indicator trend analysis is infinitely more than just investigating MAS Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MAS Gold Corp is a good investment. Please check the relationship between MAS Gold Asset Turnover and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAS Gold Corp. 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.
Asset Turnover vs Total Current Assets
Asset Turnover vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAS Gold Corp Asset Turnover account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between MAS Gold's Asset Turnover and Total Current Assets is 0.2. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of MAS Gold Corp, assuming nothing else is changed. The correlation between historical values of MAS Gold's Asset Turnover and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of MAS Gold Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Asset Turnover i.e., MAS Gold's Asset Turnover and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.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.Most indicators from MAS Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MAS Gold Corp 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 MAS Gold Corp. 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 480.1 K in 2024. Issuance Of Capital Stock is likely to drop to about 1.7 M in 2024
MAS Gold fundamental ratios Correlations
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MAS Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MAS Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 900.4K | 2.2M | 4.5M | 4.4M | 5.0M | 5.3M | |
Total Current Liabilities | 880.1K | 1.8M | 1.3M | 954.1K | 1.1M | 1.2M | |
Total Stockholder Equity | 20.3K | 397.9K | 3.2M | 3.3M | 3.8M | 3.9M | |
Property Plant And Equipment Net | 878.8K | 926.8K | 3.9M | 3.3M | 3.8M | 4.0M | |
Net Debt | 1.6K | (742.0K) | (200.4K) | (687.3K) | (790.4K) | (750.9K) | |
Retained Earnings | (20.1M) | (27.3M) | (30.5M) | (32.5M) | (29.2M) | (27.8M) | |
Accounts Payable | 373.1K | 1.7M | 840.5K | 564.1K | 648.8K | 334.3K | |
Cash | 0.0 | 742.0K | 200.4K | 837.3K | 962.9K | 1.0M | |
Non Current Assets Total | 878.8K | 926.8K | 4.1M | 3.5M | 4.0M | 4.2M | |
Net Receivables | 13.4K | 146.2K | 33.0K | 8.7K | 10.0K | 9.5K | |
Common Stock Shares Outstanding | 72.7M | 132.5M | 246.1M | 212.4M | 244.3M | 256.5M | |
Liabilities And Stockholders Equity | 900.4K | 2.2M | 4.5M | 4.4M | 5.0M | 5.3M | |
Other Current Assets | 8.1K | 364.1K | 153.3K | 11.4K | 13.1K | 12.5K | |
Other Stockholder Equity | 1.0M | 1.1M | 1.0 | 2.3M | 2.0M | 1.9M | |
Total Liab | 880.1K | 1.8M | 1.3M | 1.1M | 1.3M | 1.3M | |
Total Current Assets | 21.6K | 1.3M | 386.8K | 857.4K | 986.0K | 1.0M | |
Other Current Liab | 16.4K | 50K | 420K | 390K | 448.5K | 470.9K | |
Accumulated Other Comprehensive Income | 1.1M | 4.1M | 2.3M | 2.3M | 2.6M | 2.7M | |
Common Stock | 19.0M | 23.6M | 31.4M | 33.5M | 38.5M | 23.2M | |
Net Tangible Assets | 467.0K | 20.3K | 397.9K | 3.2M | 3.7M | 3.9M | |
Net Invested Capital | 21.9K | 397.9K | 3.2M | 3.4M | 3.9M | 4.1M | |
Net Working Capital | (858.5K) | (528.9K) | (873.7K) | (96.8K) | (87.1K) | (91.5K) | |
Capital Stock | 19.0M | 23.6M | 31.4M | 33.5M | 38.5M | 26.5M |
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When running MAS Gold's price analysis, check to measure MAS Gold'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 MAS Gold is operating at the current time. Most of MAS Gold's value examination focuses on studying past and present price action to predict the probability of MAS Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAS Gold's price. Additionally, you may evaluate how the addition of MAS Gold to your portfolios can decrease your overall portfolio volatility.