Monarca Accounts Payable vs Total Liab Analysis
MMN Stock | CAD 0.01 0.00 0.00% |
Monarca Minerals financial indicator trend analysis is infinitely more than just investigating Monarca Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monarca Minerals is a good investment. Please check the relationship between Monarca Minerals Accounts Payable and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarca Minerals. 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.
Accounts Payable vs Total Liab
Accounts Payable vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarca Minerals Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Monarca Minerals' Accounts Payable and Total Liab is 0.18. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Monarca Minerals, assuming nothing else is changed. The correlation between historical values of Monarca Minerals' Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Monarca Minerals are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Monarca Minerals' Accounts Payable and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Monarca Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Monarca Minerals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Monarca Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monarca Minerals 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 Monarca Minerals. 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 353.4 K in 2024. Enterprise Value Over EBITDA is likely to drop to -3.84 in 2024
Monarca Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Monarca Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monarca Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2M | 721.5K | 99.0K | 32.4K | 29.2K | 27.7K | |
Total Current Liabilities | 2.6M | 2.9M | 3.4M | 4.3M | 4.9M | 5.2M | |
Total Stockholder Equity | (483.2K) | (2.2M) | (3.3M) | (4.2M) | (3.8M) | (3.6M) | |
Net Debt | (516.0K) | 755.0K | 1.2M | 1.3M | 1.5M | 1.6M | |
Retained Earnings | (30.1M) | (32.8M) | (33.6M) | (33.5M) | (30.1M) | (28.6M) | |
Accounts Payable | 1.4M | 1.5M | 1.7M | 2.2M | 2.5M | 2.7M | |
Cash | 1.8M | 498.7K | 29.3K | 7.1K | 6.4K | 6.1K | |
Cash And Short Term Investments | 1.8M | 523.7K | 39.3K | 8.1K | 7.3K | 6.9K | |
Net Receivables | 191.3K | 155.1K | 13.1K | 5.1K | 5.9K | 5.6K | |
Common Stock Shares Outstanding | 49.7M | 67.9M | 120.2M | 126.6M | 145.5M | 152.8M | |
Liabilities And Stockholders Equity | 2.2M | 721.5K | 99.0K | 32.4K | 29.2K | 27.7K | |
Other Stockholder Equity | 1.2M | 1.6M | 1.0 | 1.4M | 1.3M | 1.2M | |
Total Liab | 2.6M | 2.9M | 3.4M | 4.3M | 4.9M | 2.8M | |
Total Current Assets | 2.0M | 710.3K | 88.4K | 23.3K | 20.9K | 19.9K | |
Accumulated Other Comprehensive Income | 1.6M | 1.7M | 1.4M | 367.3K | 422.4K | 401.3K | |
Other Current Liab | 14.6K | 212.7K | 454.0K | 3.0M | 3.4M | 3.6M | |
Property Plant And Equipment Net | 12.0K | 6.9K | 6.6K | 9.2K | 8.3K | 7.8K | |
Non Current Assets Total | 146.4K | 11.2K | 10.6K | 9.2K | 8.3K | 7.8K | |
Net Tangible Assets | (3.1M) | (488.0K) | (2.2M) | (3.3M) | (3.0M) | (2.8M) | |
Other Current Assets | (700.0) | 31.5K | 36.0K | 10.0K | 9.0K | 16.9K | |
Property Plant Equipment | 7.6K | 7.2K | 6.9K | 10.6K | 9.5K | 9.0K | |
Non Currrent Assets Other | (357.0) | 13.0K | 134.4K | (3.1K) | (2.8K) | (2.7K) | |
Net Invested Capital | 770.5K | (949.5K) | (2.1M) | (2.9M) | (2.6M) | (2.5M) | |
Net Working Capital | (630.3K) | (2.2M) | (3.3M) | (4.3M) | (3.8M) | (3.6M) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Monarca Stock Analysis
When running Monarca Minerals' price analysis, check to measure Monarca Minerals' 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 Monarca Minerals is operating at the current time. Most of Monarca Minerals' value examination focuses on studying past and present price action to predict the probability of Monarca Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monarca Minerals' price. Additionally, you may evaluate how the addition of Monarca Minerals to your portfolios can decrease your overall portfolio volatility.