Morien Cash Per Share vs Book Value Per Share Analysis

MOX Stock  CAD 0.26  0.02  8.33%   
Morien Resources financial indicator trend analysis is infinitely more than just investigating Morien Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Morien Resources Corp is a good investment. Please check the relationship between Morien Resources Cash Per Share and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morien Resources 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.

Cash Per Share vs Book Value Per Share

Cash Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morien Resources Corp Cash Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Morien Resources' Cash Per Share and Book Value Per Share is 0.78. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Morien Resources Corp, assuming nothing else is changed. The correlation between historical values of Morien Resources' Cash Per Share and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Morien Resources Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Cash Per Share i.e., Morien Resources' Cash Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash Per Share

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Morien Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Morien Resources 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 Morien Resources 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 951.8 K in 2024. Discontinued Operations is likely to drop to about 11.7 K in 2024
 2021 2022 2023 2024 (projected)
Interest Income14.5K38.4K63.6K44.1K
Net Interest Income14.5K38.4K63.6K44.1K

Morien Resources fundamental ratios Correlations

0.050.310.920.040.03-0.380.7-0.020.980.37-0.24-0.05-0.29-0.020.760.01-0.08-0.15-0.50.050.160.050.760.270.27
0.050.94-0.35-0.670.340.14-0.23-0.350.150.78-0.45-0.06-0.630.98-0.040.99-0.410.66-0.08-0.67-0.14-0.68-0.20.080.08
0.310.94-0.08-0.680.270.010.09-0.280.380.84-0.46-0.06-0.770.880.270.9-0.380.64-0.31-0.69-0.08-0.690.020.190.19
0.92-0.35-0.080.31-0.12-0.390.770.130.850.03-0.03-0.02-0.03-0.420.73-0.390.09-0.41-0.430.320.190.320.780.230.23
0.04-0.67-0.680.31-0.410.040.170.38-0.08-0.710.590.060.79-0.64-0.16-0.660.5-0.890.321.00.11.00.16-0.33-0.33
0.030.340.27-0.12-0.410.0-0.13-1.00.230.3-0.92-0.04-0.510.390.090.38-0.780.540.16-0.41-0.26-0.42-0.11-0.32-0.32
-0.380.140.01-0.390.040.0-0.19-0.01-0.33-0.460.22-0.40.010.13-0.690.12-0.250.040.630.04-0.470.04-0.83-0.23-0.23
0.7-0.230.090.770.17-0.13-0.190.140.65-0.040.03-0.13-0.35-0.350.78-0.310.07-0.2-0.30.170.090.170.520.110.11
-0.02-0.35-0.280.130.38-1.0-0.010.14-0.22-0.290.910.030.5-0.41-0.08-0.390.77-0.52-0.190.380.260.390.120.340.34
0.980.150.380.85-0.080.23-0.330.65-0.220.44-0.42-0.11-0.420.090.740.12-0.280.0-0.46-0.070.06-0.070.690.210.21
0.370.780.840.03-0.710.3-0.46-0.04-0.290.44-0.570.14-0.640.770.440.79-0.280.63-0.56-0.720.14-0.720.350.290.29
-0.24-0.45-0.46-0.030.59-0.920.220.030.91-0.42-0.57-0.080.65-0.47-0.32-0.480.77-0.610.140.590.180.59-0.10.060.06
-0.05-0.06-0.06-0.020.06-0.04-0.4-0.130.03-0.110.14-0.080.21-0.060.14-0.060.16-0.12-0.250.06-0.10.060.050.160.16
-0.29-0.63-0.77-0.030.79-0.510.01-0.350.5-0.42-0.640.650.21-0.57-0.48-0.60.54-0.790.290.790.090.79-0.01-0.06-0.06
-0.020.980.88-0.42-0.640.390.13-0.35-0.410.090.77-0.47-0.06-0.57-0.121.0-0.410.68-0.04-0.65-0.12-0.65-0.22-0.01-0.01
0.76-0.040.270.73-0.160.09-0.690.78-0.080.740.44-0.320.14-0.48-0.12-0.08-0.020.05-0.63-0.150.24-0.150.790.270.27
0.010.990.9-0.39-0.660.380.12-0.31-0.390.120.79-0.48-0.06-0.61.0-0.08-0.420.68-0.08-0.67-0.12-0.67-0.20.020.02
-0.08-0.41-0.380.090.5-0.78-0.250.070.77-0.28-0.280.770.160.54-0.41-0.02-0.42-0.52-0.130.50.70.50.240.090.09
-0.150.660.64-0.41-0.890.540.04-0.2-0.520.00.63-0.61-0.12-0.790.680.050.68-0.52-0.25-0.9-0.14-0.9-0.27-0.11-0.11
-0.5-0.08-0.31-0.430.320.160.63-0.3-0.19-0.46-0.560.14-0.250.29-0.04-0.63-0.08-0.13-0.250.32-0.260.32-0.6-0.29-0.29
0.05-0.67-0.690.321.0-0.410.040.170.38-0.07-0.720.590.060.79-0.65-0.15-0.670.5-0.90.320.11.00.17-0.32-0.32
0.16-0.14-0.080.190.1-0.26-0.470.090.260.060.140.18-0.10.09-0.120.24-0.120.7-0.14-0.260.10.10.490.110.11
0.05-0.68-0.690.321.0-0.420.040.170.39-0.07-0.720.590.060.79-0.65-0.15-0.670.5-0.90.321.00.10.17-0.31-0.31
0.76-0.20.020.780.16-0.11-0.830.520.120.690.35-0.10.05-0.01-0.220.79-0.20.24-0.27-0.60.170.490.170.260.26
0.270.080.190.23-0.33-0.32-0.230.110.340.210.290.060.16-0.06-0.010.270.020.09-0.11-0.29-0.320.11-0.310.261.0
0.270.080.190.23-0.33-0.32-0.230.110.340.210.290.060.16-0.06-0.010.270.020.09-0.11-0.29-0.320.11-0.310.261.0
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Morien Resources Account Relationship Matchups

Morien Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6M2.7M2.4M1.5M1.5M1.4M
Total Current Liabilities123.8K79.5K77.5K83.7K61.7K58.6K
Total Stockholder Equity3.2M2.3M1.8M787.2K651.3K618.7K
Net Debt(3.2M)(1.8M)(1.2M)(276.7K)(373.1K)(391.8K)
Retained Earnings(3.2M)(4.2M)(4.7M)(5.7M)(6.5M)(6.9M)
Accounts Payable123.8K79.5K77.5K83.7K61.7K102.3K
Cash3.2M1.8M1.2M276.7K373.1K354.5K
Cash And Short Term Investments3.2M2.6M2.3M1.3M1.4M1.9M
Net Receivables310.5K49.3K6.1K196.1K38.7K36.8K
Common Stock Shares Outstanding53.4M52.0M50.9M50.6M51.1M44.0M
Liabilities And Stockholders Equity3.6M2.7M2.4M1.5M1.5M1.4M
Non Current Liabilities Total260.9K373.2K488.8K613.5K753.4K1.1M
Other Stockholder Equity2.1M1.9M2.1M2.1M2.4M2.3M
Total Liab384.7K452.6K566.4K697.2K815.1K1.1M
Total Current Assets3.6M2.7M2.4M1.5M1.4M2.5M
Other Current Assets41.4K27.4K33.7K25.9K19.8K18.8K
Common Stock4.5M4.4M4.3M4.4M4.8M4.5M
Net Tangible Assets3.2M2.3M1.8M787.2K708.5K673.1K
Net Invested Capital3.2M2.3M1.8M787.2K651.3K618.7K
Net Working Capital3.5M2.6M2.1M1.4M1.4M2.1M
Other Liab260.9K373.2K488.8K613.5K705.5K415.0K
Capital Stock4.5M4.4M4.3M4.4M4.8M4.8M

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