Martina Total Current Liabilities vs Operating Income Analysis

MTN-H Stock

0.03 0.00 0.00%

Martina Minerals financial indicator trend analysis is infinitely more than just investigating Martina Minerals Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martina Minerals Corp is a good investment. Please check the relationship between Martina Minerals Total Current Liabilities and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martina Minerals 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 rate.

Total Current Liabilities vs Operating Income

Total Current Liabilities vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martina Minerals Corp Total Current Liabilities account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Martina Minerals' Total Current Liabilities and Operating Income is -0.31. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Operating Income in the same time period over historical financial statements of Martina Minerals Corp, assuming nothing else is changed. The correlation between historical values of Martina Minerals' Total Current Liabilities and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Martina Minerals Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Current Liabilities i.e., Martina Minerals' Total Current Liabilities and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Current Liabilities

Total Current Liabilities is an item on Martina Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Martina Minerals Corp 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.

Operating Income

Operating Income is the amount of profit realized from Martina Minerals Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Martina Minerals Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Martina Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martina Minerals 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 Martina Minerals 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 rate.

Selling General Administrative is likely to drop to about 22.3 K in 2024

Martina Minerals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Common Stock	Net Debt	Capital Stock
Total Assets		0.67	-0.42	-0.69	-0.46	0.82	0.59	0.82	-0.43	0.28	0.67	-0.6	0.48	1.0	-0.42	-0.42	0.48	-0.41
Total Current Liabilities	0.67		-0.39	-0.99	-0.79	0.92	0.68	0.63	-0.54	0.66	1.0	-0.82	0.8	0.67	-0.39	-0.68	0.72	-0.68
Total Stockholder Equity	-0.42	-0.39		0.45	-0.1	-0.39	-0.49	-0.04	0.15	0.41	-0.39	0.62	-0.01	-0.42	1.0	-0.32	0.1	-0.32
Net Tangible Assets	-0.69	-0.99	0.45		0.79	-0.92	-0.69	-0.61	0.56	-0.58	-0.99	0.84	-0.77	-0.69	0.45	0.66	-0.69	0.66
Retained Earnings	-0.46	-0.79	-0.1	0.79		-0.65	-0.5	-0.5	0.44	-0.76	-0.79	0.59	-0.7	-0.46	-0.1	0.92	-0.66	0.92
Accounts Payable	0.82	0.92	-0.39	-0.92	-0.65		0.59	0.82	-0.65	0.58	0.92	-0.68	0.82	0.82	-0.39	-0.64	0.8	-0.65
Cash	0.59	0.68	-0.49	-0.69	-0.5	0.59		0.22	0.14	0.27	0.68	-0.93	0.14	0.59	-0.49	-0.23	0.09	-0.23
Net Receivables	0.82	0.63	-0.04	-0.61	-0.5	0.82	0.22		-0.71	0.56	0.63	-0.24	0.78	0.82	-0.04	-0.65	0.82	-0.65
Common Stock Shares Outstanding	-0.43	-0.54	0.15	0.56	0.44	-0.65	0.14	-0.71		-0.32	-0.54	0.06	-0.84	-0.43	0.15	0.61	-0.82	0.61
Other Stockholder Equity	0.28	0.66	0.41	-0.58	-0.76	0.58	0.27	0.56	-0.32		0.66	-0.3	0.76	0.28	0.41	-0.82	0.77	-0.84
Total Liab	0.67	1.0	-0.39	-0.99	-0.79	0.92	0.68	0.63	-0.54	0.66		-0.82	0.8	0.67	-0.39	-0.68	0.72	-0.68
Net Invested Capital	-0.6	-0.82	0.62	0.84	0.59	-0.68	-0.93	-0.24	0.06	-0.3	-0.82		-0.31	-0.6	0.62	0.3	-0.21	0.3
Short Long Term Debt	0.48	0.8	-0.01	-0.77	-0.7	0.82	0.14	0.78	-0.84	0.76	0.8	-0.31		0.48	-0.01	-0.82	0.98	-0.82
Total Current Assets	1.0	0.67	-0.42	-0.69	-0.46	0.82	0.59	0.82	-0.43	0.28	0.67	-0.6	0.48		-0.42	-0.42	0.48	-0.41
Net Working Capital	-0.42	-0.39	1.0	0.45	-0.1	-0.39	-0.49	-0.04	0.15	0.41	-0.39	0.62	-0.01	-0.42		-0.32	0.1	-0.32
Common Stock	-0.42	-0.68	-0.32	0.66	0.92	-0.64	-0.23	-0.65	0.61	-0.82	-0.68	0.3	-0.82	-0.42	-0.32		-0.83	1.0
Net Debt	0.48	0.72	0.1	-0.69	-0.66	0.8	0.09	0.82	-0.82	0.77	0.72	-0.21	0.98	0.48	0.1	-0.83		-0.84
Capital Stock	-0.41	-0.68	-0.32	0.66	0.92	-0.65	-0.23	-0.65	0.61	-0.84	-0.68	0.3	-0.82	-0.41	-0.32	1.0	-0.84

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Martina Minerals Account Relationship Matchups

Martina Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.2K	12.9K	1.6K	4.0K	3.6K	5.9K
Total Current Liabilities	2.2M	2.2M	1.8M	1.8M	1.6M	1.6M
Total Stockholder Equity	(2.2M)	(2.2M)	(1.8M)	(1.8M)	(2.1M)	(2.2M)
Net Tangible Assets	(2.1M)	(2.2M)	(2.2M)	(1.8M)	(1.6M)	(1.7M)
Retained Earnings	(17.8M)	(18.1M)	(17.6M)	(17.6M)	(15.9M)	(16.7M)
Accounts Payable	350.0K	343.1K	388.0K	41.2K	37.1K	35.2K
Cash	1.8K	6.8K	941.0	72.0	82.8	78.66
Net Receivables	10.5K	3.4K	6.0K	697.0	627.3	595.94
Total Liab	2.2M	2.2M	1.8M	1.8M	1.6M	1.6M
Net Invested Capital	(838.8K)	(1.1M)	(652.3K)	(663.7K)	(597.3K)	(627.2K)
Short Long Term Debt	1.4M	1.2M	1.1M	1.1M	1.0M	987.4K
Total Current Assets	5.2K	12.9K	1.6K	4.0K	3.6K	5.9K
Net Working Capital	(2.2M)	(2.2M)	(1.8M)	(1.8M)	(2.1M)	(2.2M)
Net Debt	1.4M	1.2M	1.1M	1.1M	1.0M	985.3K

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