Mako Common Stock Shares Outstanding vs Net Invested Capital Analysis

MKO Stock

CAD 3.04 0.02 0.65%

Mako Mining financial indicator trend analysis is infinitely more than just investigating Mako Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mako Mining Corp is a good investment. Please check the relationship between Mako Mining Common Stock Shares Outstanding and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako Mining 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.

Common Stock Shares Outstanding vs Net Invested Capital

Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mako Mining Corp Common Stock Shares Outstanding account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Mako Mining's Common Stock Shares Outstanding and Net Invested Capital is 0.19. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Mako Mining Corp, assuming nothing else is changed. The correlation between historical values of Mako Mining's Common Stock Shares Outstanding and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Mako Mining Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock Shares Outstanding i.e., Mako Mining's Common Stock Shares Outstanding and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Mako Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mako Mining 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 Mako Mining 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.

At this time, Mako Mining's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 2.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.1 in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	31.7M	68.9M	53.6M	56.3M
Depreciation And Amortization	5.6M	20.5M	13.5M	14.2M

Other Operating Expenses Depreciation And Amortization

Mako Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Other Current Liab	Common Stock	Other Liab	Net Tangible Assets	Property Plant Equipment	Non Current Liabilities Other	Net Invested Capital
Total Assets		0.5	0.4	0.89	0.79	-0.75	0.31	0.38	0.92	-0.42	0.38	0.15	0.66	0.82	0.56	0.68	0.73	0.36	0.71	0.29	0.86	0.51	-0.17	0.35	-0.71	0.27
Total Current Liabilities	0.5		-0.51	0.19	0.46	-0.76	0.94	0.5	0.21	-0.69	0.5	0.82	0.41	0.57	0.45	0.51	0.86	0.7	0.48	0.8	0.68	0.43	-0.64	-0.05	-0.66	-0.59
Total Stockholder Equity	0.4	-0.51		0.59	0.06	0.16	-0.58	-0.04	0.6	0.51	-0.04	-0.64	0.11	0.01	-0.02	0.2	-0.28	-0.35	0.02	-0.42	0.01	0.21	0.46	0.31	-0.05	0.66
Property Plant And Equipment Net	0.89	0.19	0.59		0.69	-0.5	-0.06	0.27	1.0	-0.19	0.27	-0.14	0.52	0.67	0.29	0.43	0.5	-0.03	0.54	0.16	0.62	0.3	-0.02	0.28	-0.49	0.52
Net Debt	0.79	0.46	0.06	0.69		-0.87	0.29	0.1	0.71	-0.74	0.1	0.08	0.73	0.98	0.79	0.64	0.82	0.46	0.92	0.15	0.91	0.18	-0.15	0.46	-0.58	0.39
Retained Earnings	-0.75	-0.76	0.16	-0.5	-0.87		-0.64	-0.35	-0.53	0.81	-0.35	-0.44	-0.78	-0.93	-0.8	-0.72	-0.96	-0.77	-0.93	-0.42	-0.95	-0.4	0.41	-0.32	0.76	0.05
Accounts Payable	0.31	0.94	-0.58	-0.06	0.29	-0.64		0.37	-0.05	-0.59	0.37	0.87	0.22	0.4	0.48	0.48	0.72	0.77	0.34	0.66	0.54	0.43	-0.59	-0.1	-0.56	-0.73
Cash	0.38	0.5	-0.04	0.27	0.1	-0.35	0.37		0.27	-0.25	1.0	0.45	0.47	0.26	-0.01	0.09	0.44	0.39	0.2	0.56	0.28	0.61	-0.29	-0.1	-0.58	-0.33
Non Current Assets Total	0.92	0.21	0.6	1.0	0.71	-0.53	-0.05	0.27		-0.21	0.27	-0.14	0.56	0.69	0.33	0.48	0.51	0.01	0.58	0.15	0.66	0.32	-0.02	0.32	-0.51	0.53
Non Currrent Assets Other	-0.42	-0.69	0.51	-0.19	-0.74	0.81	-0.59	-0.25	-0.21		-0.25	-0.46	-0.6	-0.78	-0.65	-0.4	-0.84	-0.65	-0.76	-0.38	-0.77	-0.24	0.4	-0.2	0.6	0.11
Cash And Short Term Investments	0.38	0.5	-0.04	0.27	0.1	-0.35	0.37	1.0	0.27	-0.25		0.45	0.47	0.26	-0.01	0.09	0.44	0.39	0.2	0.56	0.28	0.61	-0.29	-0.1	-0.58	-0.33
Net Receivables	0.15	0.82	-0.64	-0.14	0.08	-0.44	0.87	0.45	-0.14	-0.46	0.45		0.13	0.21	0.18	0.04	0.59	0.64	0.15	0.55	0.28	0.41	-0.73	-0.48	-0.44	-0.83
Common Stock Shares Outstanding	0.66	0.41	0.11	0.52	0.73	-0.78	0.22	0.47	0.56	-0.6	0.47	0.13		0.79	0.53	0.5	0.71	0.58	0.84	0.24	0.75	0.38	-0.36	0.23	-0.68	0.19
Non Current Liabilities Total	0.82	0.57	0.01	0.67	0.98	-0.93	0.4	0.26	0.69	-0.78	0.26	0.21	0.79		0.79	0.66	0.9	0.56	0.95	0.25	0.95	0.29	-0.23	0.41	-0.67	0.27
Other Current Assets	0.56	0.45	-0.02	0.29	0.79	-0.8	0.48	-0.01	0.33	-0.65	-0.01	0.18	0.53	0.79		0.76	0.68	0.75	0.82	-0.04	0.8	0.34	-0.07	0.49	-0.57	0.15
Other Stockholder Equity	0.68	0.51	0.2	0.43	0.64	-0.72	0.48	0.09	0.48	-0.4	0.09	0.04	0.5	0.66	0.76		0.59	0.53	0.66	0.31	0.8	0.32	-0.01	0.65	-0.56	0.1
Total Liab	0.73	0.86	-0.28	0.5	0.82	-0.96	0.72	0.44	0.51	-0.84	0.44	0.59	0.71	0.9	0.68	0.59		0.72	0.83	0.55	0.9	0.41	-0.53	0.15	-0.76	-0.17
Total Current Assets	0.36	0.7	-0.35	-0.03	0.46	-0.77	0.77	0.39	0.01	-0.65	0.39	0.64	0.58	0.56	0.75	0.53	0.72		0.66	0.26	0.63	0.54	-0.47	0.07	-0.68	-0.44
Other Assets	0.71	0.48	0.02	0.54	0.92	-0.93	0.34	0.2	0.58	-0.76	0.2	0.15	0.84	0.95	0.82	0.66	0.83	0.66		0.14	0.91	0.29	-0.21	0.46	-0.66	0.25
Other Current Liab	0.29	0.8	-0.42	0.16	0.15	-0.42	0.66	0.56	0.15	-0.38	0.56	0.55	0.24	0.25	-0.04	0.31	0.55	0.26	0.14		0.35	0.2	-0.55	-0.13	-0.43	-0.55
Common Stock	0.86	0.68	0.01	0.62	0.91	-0.95	0.54	0.28	0.66	-0.77	0.28	0.28	0.75	0.95	0.8	0.8	0.9	0.63	0.91	0.35		0.41	-0.26	0.47	-0.74	0.13
Other Liab	0.51	0.43	0.21	0.3	0.18	-0.4	0.43	0.61	0.32	-0.24	0.61	0.41	0.38	0.29	0.34	0.32	0.41	0.54	0.29	0.2	0.41		-0.34	-0.1	-0.74	-0.26
Net Tangible Assets	-0.17	-0.64	0.46	-0.02	-0.15	0.41	-0.59	-0.29	-0.02	0.4	-0.29	-0.73	-0.36	-0.23	-0.07	-0.01	-0.53	-0.47	-0.21	-0.55	-0.26	-0.34		0.68	0.5	0.6
Property Plant Equipment	0.35	-0.05	0.31	0.28	0.46	-0.32	-0.1	-0.1	0.32	-0.2	-0.1	-0.48	0.23	0.41	0.49	0.65	0.15	0.07	0.46	-0.13	0.47	-0.1	0.68		-0.04	0.54
Non Current Liabilities Other	-0.71	-0.66	-0.05	-0.49	-0.58	0.76	-0.56	-0.58	-0.51	0.6	-0.58	-0.44	-0.68	-0.67	-0.57	-0.56	-0.76	-0.68	-0.66	-0.43	-0.74	-0.74	0.5	-0.04		0.16
Net Invested Capital	0.27	-0.59	0.66	0.52	0.39	0.05	-0.73	-0.33	0.53	0.11	-0.33	-0.83	0.19	0.27	0.15	0.1	-0.17	-0.44	0.25	-0.55	0.13	-0.26	0.6	0.54	0.16

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Mako Common Stock Shares Outstanding vs Net Invested Capital Analysis

Common Stock Shares Outstanding vs Net Invested Capital

Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Net Invested Capital

Mako Mining fundamental ratios Correlations

Mako Mining Account Relationship Matchups

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COMMON DESTINATIONS

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.98	Net Debt
Other Assets	+ 0.95	Non Current Liabilities Total
Common Stock	+ 0.95	Non Current Liabilities Total
Accounts Payable	+ 0.94	Total Current Liabilities

Total Liab	- 0.96	Retained Earnings
Common Stock	- 0.95	Retained Earnings
Other Assets	- 0.93	Retained Earnings
Non Current Liabilities Total	- 0.93	Retained Earnings
Retained Earnings	- 0.87	Net Debt
Total Liab	- 0.84	Non Currrent Assets Other