Mount Property Plant And Equipment Net vs Total Current Liabilities 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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mount Ridley Mines Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mount Ridley's Property Plant And Equipment Net and Total Current Liabilities is -0.1. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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 Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Mount Ridley Mines are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Mount Ridley's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on Mount Ridley balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mount Ridley Mines are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Amortization31.1K86.3K84.8K59.1K
Cost Of Revenue31.1K86.3K84.8K80.6K

Mount Ridley fundamental ratios Correlations

0.05-0.030.970.8-0.14-0.080.670.69-0.1-0.81-0.670.120.70.930.560.570.720.24-0.21-0.710.780.940.530.29-0.12
0.050.88-0.180.360.150.88-0.11-0.21-0.04-0.360.050.62-0.180.170.30.04-0.18-0.11-0.180.32-0.180.17-0.23-0.12-0.15
-0.030.88-0.270.230.210.94-0.2-0.27-0.1-0.20.150.87-0.150.040.26-0.06-0.280.0-0.30.25-0.210.03-0.26-0.29-0.28
0.97-0.18-0.270.72-0.15-0.320.710.69-0.13-0.73-0.72-0.080.680.90.490.630.750.21-0.18-0.730.770.90.590.29-0.02
0.80.360.230.72-0.060.130.630.38-0.17-0.99-0.690.20.350.840.630.620.590.02-0.22-0.360.460.840.08-0.05-0.25
-0.140.150.21-0.15-0.060.24-0.66-0.6-0.60.080.510.2-0.05-0.04-0.050.01-0.69-0.220.10.47-0.15-0.08-0.10.240.14
-0.080.880.94-0.320.130.24-0.38-0.20.04-0.140.360.79-0.04-0.040.17-0.3-0.360.05-0.080.28-0.11-0.04-0.320.0-0.32
0.67-0.11-0.20.710.63-0.66-0.380.630.09-0.61-0.97-0.180.270.650.370.680.950.15-0.39-0.680.410.660.37-0.250.0
0.69-0.21-0.270.690.38-0.6-0.20.630.55-0.44-0.48-0.070.820.440.310.090.790.410.05-0.780.880.480.240.32-0.3
-0.1-0.04-0.1-0.13-0.17-0.60.040.090.550.090.080.030.31-0.33-0.02-0.40.20.030.33-0.030.31-0.29-0.360.0-0.36
-0.81-0.36-0.2-0.73-0.990.08-0.14-0.61-0.440.090.65-0.18-0.4-0.84-0.63-0.55-0.59-0.030.130.35-0.51-0.85-0.08-0.050.27
-0.670.050.15-0.72-0.690.510.36-0.97-0.480.080.650.15-0.19-0.7-0.39-0.81-0.88-0.060.470.59-0.33-0.7-0.360.32-0.07
0.120.620.87-0.080.20.20.79-0.18-0.070.03-0.180.150.130.080.34-0.07-0.250.06-0.260.120.030.07-0.14-0.29-0.35
0.7-0.18-0.150.680.35-0.05-0.040.270.820.31-0.4-0.190.130.420.310.070.470.370.09-0.640.980.440.190.5-0.31
0.930.170.040.90.84-0.04-0.040.650.44-0.33-0.84-0.70.080.420.520.680.620.1-0.28-0.550.531.00.60.220.04
0.560.30.260.490.63-0.050.170.370.31-0.02-0.63-0.390.340.310.520.390.30.130.25-0.260.360.550.04-0.1-0.48
0.570.04-0.060.630.620.01-0.30.680.09-0.4-0.55-0.81-0.070.070.680.390.5-0.16-0.48-0.260.160.650.41-0.310.25
0.72-0.18-0.280.750.59-0.69-0.360.950.790.2-0.59-0.88-0.250.470.620.30.50.3-0.27-0.820.60.640.34-0.02-0.06
0.24-0.110.00.210.02-0.220.050.150.410.03-0.03-0.060.060.370.10.13-0.160.3-0.01-0.60.380.120.150.19-0.22
-0.21-0.18-0.3-0.18-0.220.1-0.08-0.390.050.330.130.47-0.260.09-0.280.25-0.48-0.27-0.010.20.1-0.25-0.30.41-0.24
-0.710.320.25-0.73-0.360.470.28-0.68-0.78-0.030.350.590.12-0.64-0.55-0.26-0.26-0.82-0.60.2-0.71-0.57-0.52-0.250.11
0.78-0.18-0.210.770.46-0.15-0.110.410.880.31-0.51-0.330.030.980.530.360.160.60.380.1-0.710.550.240.51-0.29
0.940.170.030.90.84-0.08-0.040.660.48-0.29-0.85-0.70.070.441.00.550.650.640.12-0.25-0.570.550.590.240.01
0.53-0.23-0.260.590.08-0.1-0.320.370.24-0.36-0.08-0.36-0.140.190.60.040.410.340.15-0.3-0.520.240.590.320.44
0.29-0.12-0.290.29-0.050.240.0-0.250.320.0-0.050.32-0.290.50.22-0.1-0.31-0.020.190.41-0.250.510.240.320.06
-0.12-0.15-0.28-0.02-0.250.14-0.320.0-0.3-0.360.27-0.07-0.35-0.310.04-0.480.25-0.06-0.22-0.240.11-0.290.010.440.06
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Mount Ridley Account Relationship Matchups

Mount Ridley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9M5.9M5.2M6.4M4.0M3.6M
Other Current Liab51.0K28.4K108.5K76.2K34.1K32.4K
Total Current Liabilities78.4K384.2K160.6K454.5K162.1K154.0K
Total Stockholder Equity2.8M5.5M5.0M5.9M3.8M3.1M
Cash399.9K1.4M2.3M3.5M1.4M1.3M
Total Liab78.4K384.2K211.9K477.8K162.1K154.0K
Common Stock25.3M29.0M32.7M38.2M43.9M46.1M
Property Plant Equipment834.9K1.9M2.3M2.4M2.8M2.9M
Property Plant And Equipment Net52.8K47.2K305.1K442.2K2.0M2.1M
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 Payable27.4K355.8K22.5K344.2K103.8K98.6K
Non Current Assets Total835.5K1.9M2.3M2.4M2.0M1.1M
Cash And Short Term Investments2.0M3.9M2.7M3.9M1.8M1.8M
Net Receivables19.2K132.0K140.3K115.6K108.0K80.1K
Common Stock Shares Outstanding2.6B3.5B5.5B7.0B7.8B8.2B
Liabilities And Stockholders Equity2.9M5.9M5.2M6.4M4.0M3.6M
Other Current Assets21.4K15.1K45.2K29.2K37.3K35.4K
Other Stockholder Equity(956.8K)(3.7M)(3.1M)(4.0M)(3.6M)(3.4M)
Property Plant And Equipment Gross835.5K2.0M2.3M2.6M2.2M1.3M
Total Current Assets2.0M4.0M2.9M4.0M1.9M2.1M
Short Term Investments1.6M2.4M463.7K386.0K398.0K729.4K
Short Term Debt619.7K1.3M29.6K34.1K24.2K23.0K
Non Currrent Assets Other782.1K1.9M1.9M2.0M19.9K18.9K
Net Tangible Assets2.5M5.5M5.0M5.9M6.8M7.2M
Intangible Assets575.0345.0207.0124.075.071.25
Cash And Equivalents399.9K1.4M2.3M3.5M4.0M4.2M
Net Invested Capital2.5M5.5M5.0M5.9M3.8M4.0M
Net Working Capital1.6M3.6M2.8M3.5M1.8M2.4M
Capital Stock25.3M29.0M32.7M38.2M43.9M34.5M

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