Mesabi Change To Liabilities vs Investments Analysis
MSB Stock | USD 25.41 0.91 3.46% |
Mesabi Trust financial indicator trend analysis is infinitely more than just investigating Mesabi Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mesabi Trust is a good investment. Please check the relationship between Mesabi Trust Change To Liabilities and its Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesabi Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.
Change To Liabilities vs Investments
Change To Liabilities vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesabi Trust Change To Liabilities account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mesabi Trust's Change To Liabilities and Investments is -0.11. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Investments in the same time period over historical financial statements of Mesabi Trust, assuming nothing else is changed. The correlation between historical values of Mesabi Trust's Change To Liabilities and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Mesabi Trust are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Liabilities i.e., Mesabi Trust's Change To Liabilities and Investments go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Liabilities
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from Mesabi Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mesabi Trust 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 Mesabi Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.At present, Mesabi Trust's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.16, whereas Enterprise Value is forecasted to decline to about 153.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 71.2M | 7.4M | 22.6M | 17.1M | Total Revenue | 71.5M | 7.7M | 22.9M | 17.1M |
Mesabi Trust fundamental ratios Correlations
Click cells to compare fundamentals
Mesabi Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mesabi Trust fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.6M | 22.9M | 53.9M | 14.1M | 26.7M | 28.0M | |
Total Stockholder Equity | 11.8M | 16.5M | 30.8M | 11.4M | 21.0M | 22.0M | |
Retained Earnings | 11.8M | 16.5M | 30.8M | 11.4M | 21.0M | 22.0M | |
Liabilities And Stockholders Equity | 23.6M | 22.9M | 53.9M | 14.1M | 26.7M | 28.0M | |
Other Stockholder Equity | (23.7M) | (33.0M) | (61.6M) | (22.9M) | (42.0M) | (39.9M) | |
Cash And Short Term Investments | 23.5M | 22.4M | 47.7M | 14.0M | 24.0M | 25.2M | |
Total Current Assets | 23.6M | 22.9M | 53.9M | 14.1M | 26.7M | 28.0M | |
Other Current Liab | 9.3M | 6.5M | 23.1M | 381.0K | 5.7M | 6.6M | |
Total Current Liabilities | 9.3M | 6.5M | 23.1M | 381.0K | 5.7M | 6.7M | |
Net Debt | (10.1M) | (12.3M) | (43.1M) | (13.9M) | (24.0M) | (22.8M) | |
Cash | 10.2M | 12.5M | 47.7M | 14.0M | 24.0M | 25.2M | |
Non Current Liabilities Total | 2.5M | 6.5M | 23.1M | 2.3M | 5.7M | 5.2M | |
Other Current Assets | (23.5M) | 94.6K | 122.5K | 127.2K | 297.6K | 312.5K | |
Total Liab | 11.8M | 6.5M | 23.1M | 2.7M | 5.7M | 7.0M | |
Non Currrent Assets Other | 137.2K | 344.1K | 4.8M | 150.8K | 2.3M | 2.4M | |
Net Receivables | 69.6K | 426.7K | 6.1M | 23.6K | 2.4M | 2.5M | |
Net Tangible Assets | 11.8M | 16.5M | 30.8M | 11.4M | 13.2M | 11.2M | |
Accounts Payable | 9.3M | 6.5M | 23.1M | 381.0K | 438.1K | 416.2K | |
Cash And Equivalents | 10.2M | 12.5M | 47.7M | 14.0M | 16.1M | 15.6M | |
Net Invested Capital | 11.8M | 16.5M | 30.8M | 11.4M | 21.0M | 18.7M | |
Net Working Capital | 14.3M | 16.5M | 30.8M | 13.7M | 21.0M | 19.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Mesabi Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesabi Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mesabi Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesabi Trust Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesabi Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesabi Trust. If investors know Mesabi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesabi Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.405 | Dividend Share 1.31 | Earnings Share 1.35 | Revenue Per Share 2.078 | Quarterly Revenue Growth 2.381 |
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesabi Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.