Manganese Free Cash Flow Per Share vs Capex To Depreciation Analysis

MN Stock  CAD 0.03  0.01  25.00%   
Manganese financial indicator trend analysis is infinitely more than just investigating Manganese X Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manganese X Energy is a good investment. Please check the relationship between Manganese Free Cash Flow Per Share and its Capex To Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manganese X Energy. 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.

Free Cash Flow Per Share vs Capex To Depreciation

Free Cash Flow Per Share vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manganese X Energy Free Cash Flow Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Manganese's Free Cash Flow Per Share and Capex To Depreciation is -0.74. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Manganese X Energy, assuming nothing else is changed. The correlation between historical values of Manganese's Free Cash Flow Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Manganese X Energy are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Per Share i.e., Manganese's Free Cash Flow Per Share and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Manganese's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manganese X Energy 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 Manganese X Energy. 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, Manganese's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 12.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 307.6 K in 2024.

Manganese fundamental ratios Correlations

-0.420.95-0.75-0.67-0.460.830.660.660.690.62-0.420.990.01-0.010.67-0.190.680.360.250.9-0.410.560.920.910.42
-0.42-0.670.470.460.67-0.41-0.45-0.28-0.62-0.531.0-0.390.44-0.28-0.610.67-0.55-0.28-0.34-0.650.26-0.57-0.41-0.4-0.27
0.95-0.67-0.79-0.73-0.60.810.730.660.80.71-0.670.93-0.10.050.77-0.380.770.380.360.95-0.450.630.90.880.42
-0.750.47-0.790.880.56-0.94-0.98-0.82-0.91-0.860.47-0.77-0.20.23-0.760.17-0.9-0.33-0.49-0.810.54-0.54-0.72-0.730.0
-0.670.46-0.730.880.33-0.77-0.91-0.75-0.96-0.930.46-0.66-0.140.16-0.840.43-0.97-0.56-0.77-0.850.66-0.61-0.68-0.68-0.12
-0.460.67-0.60.560.33-0.5-0.53-0.55-0.51-0.420.67-0.43-0.19-0.27-0.52-0.05-0.480.1-0.01-0.510.28-0.48-0.3-0.28-0.17
0.83-0.410.81-0.94-0.77-0.50.850.680.780.72-0.410.840.09-0.160.66-0.110.740.330.280.79-0.410.540.740.750.04
0.66-0.450.73-0.98-0.91-0.530.850.850.930.89-0.450.680.25-0.290.77-0.20.940.330.60.77-0.590.50.670.68-0.04
0.66-0.280.66-0.82-0.75-0.550.680.850.740.82-0.280.670.51-0.320.56-0.030.820.160.440.69-0.50.240.650.670.11
0.69-0.620.8-0.91-0.96-0.510.780.930.740.9-0.620.680.04-0.080.92-0.450.980.510.720.88-0.690.690.690.680.17
0.62-0.530.71-0.86-0.93-0.420.720.890.820.9-0.530.610.16-0.110.72-0.460.920.50.750.81-0.420.440.630.640.02
-0.421.0-0.670.470.460.67-0.41-0.45-0.28-0.62-0.53-0.390.44-0.28-0.610.67-0.55-0.28-0.34-0.650.26-0.57-0.41-0.4-0.27
0.99-0.390.93-0.77-0.66-0.430.840.680.670.680.61-0.390.02-0.140.63-0.170.680.330.240.88-0.420.510.940.940.39
0.010.44-0.1-0.2-0.14-0.190.090.250.510.040.160.440.02-0.28-0.050.640.14-0.28-0.06-0.1-0.11-0.15-0.05-0.04-0.14
-0.01-0.280.050.230.16-0.27-0.16-0.29-0.32-0.08-0.11-0.28-0.14-0.280.16-0.11-0.190.21-0.030.040.190.38-0.27-0.340.22
0.67-0.610.77-0.76-0.84-0.520.660.770.560.920.72-0.610.63-0.050.16-0.410.870.50.640.83-0.780.810.610.580.38
-0.190.67-0.380.170.43-0.05-0.11-0.2-0.03-0.45-0.460.67-0.170.64-0.11-0.41-0.41-0.49-0.55-0.470.17-0.24-0.35-0.35-0.25
0.68-0.550.77-0.9-0.97-0.480.740.940.820.980.92-0.550.680.14-0.190.87-0.410.430.740.86-0.720.590.710.710.16
0.36-0.280.38-0.33-0.560.10.330.330.160.510.5-0.280.33-0.280.210.5-0.490.430.650.56-0.240.560.290.280.21
0.25-0.340.36-0.49-0.77-0.010.280.60.440.720.75-0.340.24-0.06-0.030.64-0.550.740.650.57-0.490.480.310.30.06
0.9-0.650.95-0.81-0.85-0.510.790.770.690.880.81-0.650.88-0.10.040.83-0.470.860.560.57-0.520.70.840.830.38
-0.410.26-0.450.540.660.28-0.41-0.59-0.5-0.69-0.420.26-0.42-0.110.19-0.780.17-0.72-0.24-0.49-0.52-0.57-0.44-0.42-0.35
0.56-0.570.63-0.54-0.61-0.480.540.50.240.690.44-0.570.51-0.150.380.81-0.240.590.560.480.7-0.570.380.340.28
0.92-0.410.9-0.72-0.68-0.30.740.670.650.690.63-0.410.94-0.05-0.270.61-0.350.710.290.310.84-0.440.381.00.38
0.91-0.40.88-0.73-0.68-0.280.750.680.670.680.64-0.40.94-0.04-0.340.58-0.350.710.280.30.83-0.420.341.00.35
0.42-0.270.420.0-0.12-0.170.04-0.040.110.170.02-0.270.39-0.140.220.38-0.250.160.210.060.38-0.350.280.380.35
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Manganese Account Relationship Matchups

Manganese fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1M6.0M4.1M3.9M2.4M1.7M
Total Current Liabilities128.8K243.5K128.4K106.9K179.2K170.3K
Total Stockholder Equity945.5K5.7M3.9M3.8M2.2M2.3M
Net Debt(534.5K)(1.8M)(3.5M)(3.3M)(3.0M)(2.8M)
Retained Earnings(13.2M)(18.0M)(22.6M)(25.4M)(26.6M)(25.3M)
Accounts Payable128.8K124.9K128.4K106.9K2.8K2.6K
Cash534.5K1.8M3.5M3.3M2.2M1.2M
Cash And Short Term Investments534.5K1.8M3.5M3.3M3.8M4.0M
Net Receivables39.8K199.2K119.2K209.9K241.4K253.5K
Common Stock Shares Outstanding63.5M92.4M124.5M129.3M144.0M151.2M
Liabilities And Stockholders Equity1.1M6.0M4.1M3.9M4.5M4.8M
Other Stockholder Equity3.4M3.8M6.5M8.9M10.2M10.7M
Total Liab128.8K243.5K128.4K106.9K179.2K170.3K
Total Current Assets574.3K5.8M3.9M3.8M2.4M1.6M
Non Current Assets Total750K500K135K120K105K0.0
Accumulated Other Comprehensive Income3.8M6.5M9.1M8.9M10.2M10.7M
Common Stock10.4M17.3M17.4M20.4M23.4M24.6M
Net Tangible Assets945.5K5.6M3.8M3.7M4.3M2.2M
Net Invested Capital945.5K5.7M3.9M3.8M2.2M2.9M
Net Working Capital445.5K5.6M3.8M3.7M2.2M2.7M
Capital Stock10.4M17.3M17.3M20.4M21.6M17.8M

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When running Manganese's price analysis, check to measure Manganese'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 Manganese is operating at the current time. Most of Manganese's value examination focuses on studying past and present price action to predict the probability of Manganese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manganese's price. Additionally, you may evaluate how the addition of Manganese to your portfolios can decrease your overall portfolio volatility.