Mount Cash vs Long Term Debt Analysis

MRD Stock

0.01 0.00 0.00%

Mount Ridley financial indicator trend analysis is infinitely more than just investigating Mount Ridley Mines recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mount Ridley Mines is a good investment. Please check the relationship between Mount Ridley Cash and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mount Ridley Mines. 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 vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mount Ridley Mines Cash account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Mount Ridley's Cash and Long Term Debt is -0.06. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Mount Ridley Mines, assuming nothing else is changed. The correlation between historical values of Mount Ridley's Cash and Long Term Debt 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 of Mount Ridley Mines are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Mount Ridley's Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Mount Ridley Mines, which is listed under current asset account on Mount Ridley Mines balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mount Ridley customers. The amounts must be unrestricted with restricted cash listed in a different Mount Ridley account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Debt

Long-term debt is a debt that Mount Ridley Mines has held for over one year. Long-term debt appears on Mount Ridley Mines balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mount Ridley Mines balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Mount Ridley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mount Ridley Mines 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 Mount Ridley Mines. 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 gain to about 527.3 K in 2024. Issuance Of Capital Stock is likely to gain to about 7 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	31.1K	86.3K	84.8K	59.1K
Cost Of Revenue	31.1K	86.3K	84.8K	80.6K

Depreciation And Amortization Cost Of Revenue

Mount Ridley fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Cash	Long Term Debt	Total Liab	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets	Short Term Investments	Non Current Liabilities Total	Short Term Debt
Total Assets		0.05	-0.03	0.97	0.8	-0.14	-0.08	0.67	0.69	-0.1	-0.81	-0.67	0.12	0.7	0.93	0.56	0.57	0.72	0.24	-0.21	-0.71	0.78	0.94	0.53	0.29	-0.12
Other Current Liab	0.05		0.88	-0.18	0.36	0.15	0.88	-0.11	-0.21	-0.04	-0.36	0.05	0.62	-0.18	0.17	0.3	0.04	-0.18	-0.11	-0.18	0.32	-0.18	0.17	-0.23	-0.12	-0.15
Total Current Liabilities	-0.03	0.88		-0.27	0.23	0.21	0.94	-0.2	-0.27	-0.1	-0.2	0.15	0.87	-0.15	0.04	0.26	-0.06	-0.28	0.0	-0.3	0.25	-0.21	0.03	-0.26	-0.29	-0.28
Total Stockholder Equity	0.97	-0.18	-0.27		0.72	-0.15	-0.32	0.71	0.69	-0.13	-0.73	-0.72	-0.08	0.68	0.9	0.49	0.63	0.75	0.21	-0.18	-0.73	0.77	0.9	0.59	0.29	-0.02
Cash	0.8	0.36	0.23	0.72		-0.06	0.13	0.63	0.38	-0.17	-0.99	-0.69	0.2	0.35	0.84	0.63	0.62	0.59	0.02	-0.22	-0.36	0.46	0.84	0.08	-0.05	-0.25
Long Term Debt	-0.14	0.15	0.21	-0.15	-0.06		0.24	-0.66	-0.6	-0.6	0.08	0.51	0.2	-0.05	-0.04	-0.05	0.01	-0.69	-0.22	0.1	0.47	-0.15	-0.08	-0.1	0.24	0.14
Total Liab	-0.08	0.88	0.94	-0.32	0.13	0.24		-0.38	-0.2	0.04	-0.14	0.36	0.79	-0.04	-0.04	0.17	-0.3	-0.36	0.05	-0.08	0.28	-0.11	-0.04	-0.32	0.0	-0.32
Common Stock	0.67	-0.11	-0.2	0.71	0.63	-0.66	-0.38		0.63	0.09	-0.61	-0.97	-0.18	0.27	0.65	0.37	0.68	0.95	0.15	-0.39	-0.68	0.41	0.66	0.37	-0.25	0.0
Property Plant Equipment	0.69	-0.21	-0.27	0.69	0.38	-0.6	-0.2	0.63		0.55	-0.44	-0.48	-0.07	0.82	0.44	0.31	0.09	0.79	0.41	0.05	-0.78	0.88	0.48	0.24	0.32	-0.3
Property Plant And Equipment Net	-0.1	-0.04	-0.1	-0.13	-0.17	-0.6	0.04	0.09	0.55		0.09	0.08	0.03	0.31	-0.33	-0.02	-0.4	0.2	0.03	0.33	-0.03	0.31	-0.29	-0.36	0.0	-0.36
Net Debt	-0.81	-0.36	-0.2	-0.73	-0.99	0.08	-0.14	-0.61	-0.44	0.09		0.65	-0.18	-0.4	-0.84	-0.63	-0.55	-0.59	-0.03	0.13	0.35	-0.51	-0.85	-0.08	-0.05	0.27
Retained Earnings	-0.67	0.05	0.15	-0.72	-0.69	0.51	0.36	-0.97	-0.48	0.08	0.65		0.15	-0.19	-0.7	-0.39	-0.81	-0.88	-0.06	0.47	0.59	-0.33	-0.7	-0.36	0.32	-0.07
Accounts Payable	0.12	0.62	0.87	-0.08	0.2	0.2	0.79	-0.18	-0.07	0.03	-0.18	0.15		0.13	0.08	0.34	-0.07	-0.25	0.06	-0.26	0.12	0.03	0.07	-0.14	-0.29	-0.35
Non Current Assets Total	0.7	-0.18	-0.15	0.68	0.35	-0.05	-0.04	0.27	0.82	0.31	-0.4	-0.19	0.13		0.42	0.31	0.07	0.47	0.37	0.09	-0.64	0.98	0.44	0.19	0.5	-0.31
Cash And Short Term Investments	0.93	0.17	0.04	0.9	0.84	-0.04	-0.04	0.65	0.44	-0.33	-0.84	-0.7	0.08	0.42		0.52	0.68	0.62	0.1	-0.28	-0.55	0.53	1.0	0.6	0.22	0.04
Net Receivables	0.56	0.3	0.26	0.49	0.63	-0.05	0.17	0.37	0.31	-0.02	-0.63	-0.39	0.34	0.31	0.52		0.39	0.3	0.13	0.25	-0.26	0.36	0.55	0.04	-0.1	-0.48
Common Stock Total Equity	0.57	0.04	-0.06	0.63	0.62	0.01	-0.3	0.68	0.09	-0.4	-0.55	-0.81	-0.07	0.07	0.68	0.39		0.5	-0.16	-0.48	-0.26	0.16	0.65	0.41	-0.31	0.25
Common Stock Shares Outstanding	0.72	-0.18	-0.28	0.75	0.59	-0.69	-0.36	0.95	0.79	0.2	-0.59	-0.88	-0.25	0.47	0.62	0.3	0.5		0.3	-0.27	-0.82	0.6	0.64	0.34	-0.02	-0.06
Inventory	0.24	-0.11	0.0	0.21	0.02	-0.22	0.05	0.15	0.41	0.03	-0.03	-0.06	0.06	0.37	0.1	0.13	-0.16	0.3		-0.01	-0.6	0.38	0.12	0.15	0.19	-0.22
Other Current Assets	-0.21	-0.18	-0.3	-0.18	-0.22	0.1	-0.08	-0.39	0.05	0.33	0.13	0.47	-0.26	0.09	-0.28	0.25	-0.48	-0.27	-0.01		0.2	0.1	-0.25	-0.3	0.41	-0.24
Other Stockholder Equity	-0.71	0.32	0.25	-0.73	-0.36	0.47	0.28	-0.68	-0.78	-0.03	0.35	0.59	0.12	-0.64	-0.55	-0.26	-0.26	-0.82	-0.6	0.2		-0.71	-0.57	-0.52	-0.25	0.11
Property Plant And Equipment Gross	0.78	-0.18	-0.21	0.77	0.46	-0.15	-0.11	0.41	0.88	0.31	-0.51	-0.33	0.03	0.98	0.53	0.36	0.16	0.6	0.38	0.1	-0.71		0.55	0.24	0.51	-0.29
Total Current Assets	0.94	0.17	0.03	0.9	0.84	-0.08	-0.04	0.66	0.48	-0.29	-0.85	-0.7	0.07	0.44	1.0	0.55	0.65	0.64	0.12	-0.25	-0.57	0.55		0.59	0.24	0.01
Short Term Investments	0.53	-0.23	-0.26	0.59	0.08	-0.1	-0.32	0.37	0.24	-0.36	-0.08	-0.36	-0.14	0.19	0.6	0.04	0.41	0.34	0.15	-0.3	-0.52	0.24	0.59		0.32	0.44
Non Current Liabilities Total	0.29	-0.12	-0.29	0.29	-0.05	0.24	0.0	-0.25	0.32	0.0	-0.05	0.32	-0.29	0.5	0.22	-0.1	-0.31	-0.02	0.19	0.41	-0.25	0.51	0.24	0.32		0.06
Short Term Debt	-0.12	-0.15	-0.28	-0.02	-0.25	0.14	-0.32	0.0	-0.3	-0.36	0.27	-0.07	-0.35	-0.31	0.04	-0.48	0.25	-0.06	-0.22	-0.24	0.11	-0.29	0.01	0.44	0.06

Click cells to compare fundamentals

Mount Ridley Account Relationship Matchups

Mount Ridley fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9M	5.9M	5.2M	6.4M	4.0M	3.6M
Other Current Liab	51.0K	28.4K	108.5K	76.2K	34.1K	32.4K
Total Current Liabilities	78.4K	384.2K	160.6K	454.5K	162.1K	154.0K
Total Stockholder Equity	2.8M	5.5M	5.0M	5.9M	3.8M	3.1M
Cash	399.9K	1.4M	2.3M	3.5M	1.4M	1.3M
Total Liab	78.4K	384.2K	211.9K	477.8K	162.1K	154.0K
Common Stock	25.3M	29.0M	32.7M	38.2M	43.9M	46.1M
Property Plant Equipment	834.9K	1.9M	2.3M	2.4M	2.8M	2.9M
Property Plant And Equipment Net	52.8K	47.2K	305.1K	442.2K	2.0M	2.1M
Net Debt	(399.9K)	(1.4M)	(2.2M)	(3.4M)	(1.4M)	(1.4M)
Retained Earnings	(24.3M)	(25.3M)	(29.6M)	(34.2M)	(36.2M)	(34.4M)
Accounts Payable	27.4K	355.8K	22.5K	344.2K	103.8K	98.6K
Non Current Assets Total	835.5K	1.9M	2.3M	2.4M	2.0M	1.1M
Cash And Short Term Investments	2.0M	3.9M	2.7M	3.9M	1.8M	1.8M
Net Receivables	19.2K	132.0K	140.3K	115.6K	108.0K	80.1K
Common Stock Shares Outstanding	2.6B	3.5B	5.5B	7.0B	7.8B	8.2B
Liabilities And Stockholders Equity	2.9M	5.9M	5.2M	6.4M	4.0M	3.6M
Other Current Assets	21.4K	15.1K	45.2K	29.2K	37.3K	35.4K
Other Stockholder Equity	(956.8K)	(3.7M)	(3.1M)	(4.0M)	(3.6M)	(3.4M)
Property Plant And Equipment Gross	835.5K	2.0M	2.3M	2.6M	2.2M	1.3M
Total Current Assets	2.0M	4.0M	2.9M	4.0M	1.9M	2.1M
Short Term Investments	1.6M	2.4M	463.7K	386.0K	398.0K	729.4K
Short Term Debt	619.7K	1.3M	29.6K	34.1K	24.2K	23.0K
Non Currrent Assets Other	782.1K	1.9M	1.9M	2.0M	19.9K	18.9K
Net Tangible Assets	2.5M	5.5M	5.0M	5.9M	6.8M	7.2M
Intangible Assets	575.0	345.0	207.0	124.0	75.0	71.25
Cash And Equivalents	399.9K	1.4M	2.3M	3.5M	4.0M	4.2M
Net Invested Capital	2.5M	5.5M	5.0M	5.9M	3.8M	4.0M
Net Working Capital	1.6M	3.6M	2.8M	3.5M	1.8M	2.4M
Capital Stock	25.3M	29.0M	32.7M	38.2M	43.9M	34.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Mount Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC