Mesa Interest Income vs Total Other Income Expense Net Analysis

MTR Stock  USD 6.82  0.22  3.33%   
Mesa Royalty financial indicator trend analysis is infinitely more than just investigating Mesa Royalty Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mesa Royalty Trust is a good investment. Please check the relationship between Mesa Royalty Interest Income and its Total Other Income Expense Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Royalty 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 estimate.

Interest Income vs Total Other Income Expense Net

Interest Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Royalty Trust Interest Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mesa Royalty's Interest Income and Total Other Income Expense Net is 0.4. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Mesa Royalty Trust, assuming nothing else is changed. The correlation between historical values of Mesa Royalty's Interest Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Mesa Royalty Trust are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Income i.e., Mesa Royalty's Interest Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Total Other Income Expense Net

Most indicators from Mesa Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mesa Royalty 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 Mesa Royalty 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 estimate.
At this time, Mesa Royalty's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/11/2024, Enterprise Value Multiple is likely to grow to 13.52, while Selling General Administrative is likely to drop slightly above 177.5 K.
 2021 2022 2023 2024 (projected)
Gross Profit908.2K4.0M3.4M4.7M
Total Revenue908.2K4.1M3.4M4.7M

Mesa Royalty fundamental ratios Correlations

1.0-0.94-0.070.220.450.440.990.12-0.120.990.02-0.15-0.070.970.15-0.07-0.281.0-0.090.99-0.72-0.140.460.480.46
1.0-0.94-0.080.190.410.40.990.11-0.110.99-0.01-0.13-0.10.970.15-0.05-0.311.0-0.090.99-0.73-0.150.430.460.44
-0.94-0.940.33-0.25-0.41-0.39-0.94-0.030.03-0.94-0.050.43-0.09-0.9-0.220.20.38-0.940.3-0.940.490.04-0.45-0.44-0.42
-0.07-0.080.33-0.160.130.14-0.080.13-0.13-0.08-0.110.64-0.24-0.12-0.050.320.45-0.110.29-0.13-0.3-0.19-0.10.04-0.04
0.220.19-0.25-0.160.570.580.280.31-0.310.290.97-0.450.550.080.04-0.790.250.210.160.110.21-0.470.820.440.75
0.450.41-0.410.130.570.990.480.32-0.320.480.52-0.350.730.30.29-0.360.620.4-0.010.32-0.040.140.740.770.7
0.440.4-0.390.140.580.990.470.29-0.290.470.54-0.310.710.290.14-0.390.650.40.070.31-0.050.140.730.740.7
0.990.99-0.94-0.080.280.480.470.13-0.131.00.1-0.2-0.010.950.17-0.14-0.260.99-0.090.97-0.67-0.180.530.540.54
0.120.11-0.030.130.310.320.290.13-1.00.130.310.10.10.080.27-0.310.270.12-0.170.07-0.13-0.140.290.120.25
-0.12-0.110.03-0.13-0.31-0.32-0.29-0.13-1.0-0.13-0.31-0.1-0.1-0.08-0.270.31-0.27-0.120.17-0.070.130.14-0.29-0.12-0.25
0.990.99-0.94-0.080.290.480.471.00.13-0.130.1-0.2-0.010.950.17-0.14-0.260.99-0.090.97-0.67-0.180.530.540.54
0.02-0.01-0.05-0.110.970.520.540.10.31-0.310.1-0.420.59-0.12-0.01-0.810.340.010.2-0.10.36-0.450.80.40.73
-0.15-0.130.430.64-0.45-0.35-0.31-0.20.1-0.1-0.2-0.42-0.74-0.05-0.320.630.13-0.130.58-0.11-0.56-0.15-0.47-0.33-0.37
-0.07-0.1-0.09-0.240.550.730.71-0.010.1-0.1-0.010.59-0.74-0.210.26-0.580.54-0.11-0.28-0.180.630.320.560.490.47
0.970.97-0.9-0.120.080.30.290.950.08-0.080.95-0.12-0.05-0.210.110.06-0.410.97-0.080.99-0.8-0.110.290.340.32
0.150.15-0.22-0.050.040.290.140.170.27-0.270.17-0.01-0.320.260.110.11-0.020.13-0.490.120.11-0.020.20.350.18
-0.07-0.050.20.32-0.79-0.36-0.39-0.14-0.310.31-0.14-0.810.63-0.580.060.11-0.07-0.060.220.02-0.430.34-0.67-0.35-0.58
-0.28-0.310.380.450.250.620.65-0.260.27-0.27-0.260.340.130.54-0.41-0.02-0.07-0.320.3-0.380.250.290.240.310.2
1.01.0-0.94-0.110.210.40.40.990.12-0.120.990.01-0.13-0.110.970.13-0.06-0.32-0.070.99-0.73-0.160.440.440.45
-0.09-0.090.30.290.16-0.010.07-0.09-0.170.17-0.090.20.58-0.28-0.08-0.490.220.3-0.07-0.12-0.28-0.230.12-0.050.2
0.990.99-0.94-0.130.110.320.310.970.07-0.070.97-0.1-0.11-0.180.990.120.02-0.380.99-0.12-0.76-0.10.320.360.33
-0.72-0.730.49-0.30.21-0.04-0.05-0.67-0.130.13-0.670.36-0.560.63-0.80.11-0.430.25-0.73-0.28-0.760.180.04-0.08-0.04
-0.14-0.150.04-0.19-0.470.140.14-0.18-0.140.14-0.18-0.45-0.150.32-0.11-0.020.340.29-0.16-0.23-0.10.18-0.34-0.18-0.36
0.460.43-0.45-0.10.820.740.730.530.29-0.290.530.8-0.470.560.290.2-0.670.240.440.120.320.04-0.340.720.98
0.480.46-0.440.040.440.770.740.540.12-0.120.540.4-0.330.490.340.35-0.350.310.44-0.050.36-0.08-0.180.720.73
0.460.44-0.42-0.040.750.70.70.540.25-0.250.540.73-0.370.470.320.18-0.580.20.450.20.33-0.04-0.360.980.73
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Mesa Royalty Account Relationship Matchups

Mesa Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8M2.6M2.7M3.7M3.4M3.2M
Total Stockholder Equity2.6M2.6M2.5M2.7M3.0M2.9M
Liabilities And Stockholders Equity2.8M2.6M2.7M3.7M3.4M3.2M
Other Stockholder Equity43.5M(5.2M)2.6M2.5M2.2M2.1M
Other Current Liab566.5K255.8K242.0K1.1M366.6K348.2K
Total Current Liabilities255.8K0.0242.0K1.1M366.6K348.2K
Property Plant And Equipment Net1.6M1.5M1.5M1.4M1.3M1.2M
Net Debt(977.2K)(1.1M)(1.3B)(2.4K)(2.1M)(2.2M)
Cash977.2K1.1M1.3B2.4K2.1M2.0M
Non Current Assets Total1.6M1.5M1.5M1.4M1.3M1.2M
Non Currrent Assets Other(1.6M)(1.5M)(1.5M)(1.4M)(1.3M)(1.2M)
Cash And Short Term Investments1.2M1.1M1.3M2.4M366.6K348.2K
Total Liab255.8K2.6M242.0K1.1M366.6K348.2K
Property Plant And Equipment Gross1.8M1.6M42.5M41.0M48.9M51.3M
Total Current Assets1.2M1.1M1.3M2.4M2.1M1.6M
Common Stock2.6M2.6M2.5M2.7M3.0M2.9M
Other Current Assets(1.2M)(1.1M)1.0M(2.4K)1.7M1.8M
Net Tangible Assets2.6M2.6M2.5M2.7M2.4M2.4M
Property Plant Equipment1.8M1.6M1.5M1.5M1.3M1.7M
Cash And Equivalents1.6M1.2M1.1M1.3M1.1M1.1M
Short Term Investments4.0255.8K(1.3B)2.4K(1.7M)(1.8M)
Net Working Capital977.2K1.1M1.0M1.3M1.7M1.3M

Additional Tools for Mesa Stock Analysis

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