Minerals Total Assets vs Long Term Debt Total Analysis

MTX Stock  USD 81.57  0.44  0.54%   
Minerals Technologies financial indicator trend analysis is infinitely more than just investigating Minerals Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minerals Technologies is a good investment. Please check the relationship between Minerals Technologies Total Assets and its Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. 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.
For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.

Total Assets vs Long Term Debt Total

Total Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerals Technologies Total Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Minerals Technologies' Total Assets and Long Term Debt Total is 0.22. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Minerals Technologies, assuming nothing else is changed. The correlation between historical values of Minerals Technologies' Total Assets and Long Term Debt Total 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 Assets of Minerals Technologies are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Assets i.e., Minerals Technologies' Total Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Minerals Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Minerals Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Debt Total

Most indicators from Minerals Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minerals Technologies 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 Minerals Technologies. 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.
For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.At this time, Minerals Technologies' Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 27.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 124.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit446.5M465M2.2B2.3B
Total Revenue1.9B2.1B2.2B1.2B

Minerals Technologies fundamental ratios Correlations

0.860.840.860.840.960.810.690.95-0.080.990.74-0.10.98-0.590.920.770.48-0.590.950.530.81-0.130.870.570.49
0.860.730.670.540.940.980.620.73-0.380.90.59-0.40.83-0.490.920.780.52-0.480.920.730.49-0.070.720.330.54
0.840.730.780.680.770.650.570.830.080.790.780.060.84-0.570.770.670.52-0.610.80.410.78-0.130.560.470.58
0.860.670.780.830.780.650.670.87-0.130.840.58-0.140.83-0.450.680.770.57-0.540.750.480.730.310.620.540.41
0.840.540.680.830.70.450.850.880.20.770.610.190.83-0.680.570.790.61-0.730.630.490.890.090.740.760.48
0.960.940.770.780.70.920.60.86-0.30.990.67-0.320.94-0.460.970.730.41-0.440.980.580.63-0.120.860.440.42
0.810.980.650.650.450.920.510.66-0.560.880.51-0.570.77-0.310.90.720.43-0.30.90.680.350.010.680.220.43
0.690.620.570.670.850.60.510.690.080.640.490.060.67-0.770.450.950.83-0.840.50.780.690.250.60.660.67
0.950.730.830.870.880.860.660.690.10.90.710.080.96-0.690.810.730.5-0.690.850.450.89-0.140.790.60.48
-0.08-0.380.08-0.130.2-0.3-0.560.080.1-0.240.151.00.0-0.52-0.24-0.18-0.01-0.48-0.23-0.270.5-0.4-0.090.330.13
0.990.90.790.840.770.990.880.640.9-0.240.7-0.260.96-0.490.950.760.44-0.490.970.550.7-0.090.870.480.45
0.740.590.780.580.610.670.510.490.710.150.70.130.73-0.50.690.530.42-0.480.70.20.69-0.210.580.280.52
-0.1-0.40.06-0.140.19-0.32-0.570.060.081.0-0.260.13-0.02-0.5-0.26-0.19-0.02-0.47-0.26-0.280.48-0.4-0.110.320.12
0.980.830.840.830.830.940.770.670.960.00.960.73-0.02-0.650.910.730.44-0.630.930.510.84-0.190.820.630.46
-0.59-0.49-0.57-0.45-0.68-0.46-0.31-0.77-0.69-0.52-0.49-0.5-0.5-0.65-0.44-0.65-0.550.97-0.46-0.53-0.810.23-0.51-0.66-0.6
0.920.920.770.680.570.970.90.450.81-0.240.950.69-0.260.91-0.440.60.28-0.390.990.460.6-0.30.810.330.42
0.770.780.670.770.790.730.720.950.73-0.180.760.53-0.190.73-0.650.60.85-0.730.640.840.620.310.60.560.68
0.480.520.520.570.610.410.430.830.5-0.010.440.42-0.020.44-0.550.280.85-0.680.330.790.480.410.270.310.72
-0.59-0.48-0.61-0.54-0.73-0.44-0.3-0.84-0.69-0.48-0.49-0.48-0.47-0.630.97-0.39-0.73-0.68-0.43-0.58-0.830.08-0.45-0.66-0.68
0.950.920.80.750.630.980.90.50.85-0.230.970.7-0.260.93-0.460.990.640.33-0.430.480.64-0.230.820.380.43
0.530.730.410.480.490.580.680.780.45-0.270.550.2-0.280.51-0.530.460.840.79-0.580.480.340.280.420.440.62
0.810.490.780.730.890.630.350.690.890.50.70.690.480.84-0.810.60.620.48-0.830.640.34-0.230.640.730.52
-0.13-0.07-0.130.310.09-0.120.010.25-0.14-0.4-0.09-0.21-0.4-0.190.23-0.30.310.410.08-0.230.28-0.23-0.240.01-0.08
0.870.720.560.620.740.860.680.60.79-0.090.870.58-0.110.82-0.510.810.60.27-0.450.820.420.64-0.240.480.34
0.570.330.470.540.760.440.220.660.60.330.480.280.320.63-0.660.330.560.31-0.660.380.440.730.010.480.29
0.490.540.580.410.480.420.430.670.480.130.450.520.120.46-0.60.420.680.72-0.680.430.620.52-0.080.340.29
Click cells to compare fundamentals

Minerals Technologies Account Relationship Matchups

Minerals Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.2B3.4B3.4B3.3B1.7B
Short Long Term Debt Total927.6M934.2M1.0B1.1B1.1B1.1B
Other Current Liab131.8M137.8M142.9M179.6M137.7M80.7M
Total Current Liabilities398.5M295.2M419.8M498.3M457.3M232.2M
Total Stockholder Equity1.4B1.5B1.5B1.6B1.7B886.4M
Property Plant And Equipment Net1.1B1.0B1.0B1.1B1.0B709.0M
Net Debt686M566.5M717.5M815.1M748.7M786.1M
Retained Earnings1.9B2.0B2.2B2.3B2.4B2.5B
Accounts Payable163.4M148.3M196.1M193.8M188.7M97.1M
Cash241.6M367.7M299.5M247.2M317.2M183.3M
Non Current Assets Total2.2B2.2B2.3B2.3B2.2B1.1B
Non Currrent Assets Other130.2M131.9M137.5M97.1M56.1M58.9M
Cash And Short Term Investments243.2M371.8M304.4M252.8M321.5M188.1M
Net Receivables376.2M369M367.8M404M399.1M233.4M
Common Stock Shares Outstanding35.1M34.2M33.8M32.8M32.6M31.9M
Liabilities And Stockholders Equity3.1B3.2B3.4B3.4B3.3B1.7B
Non Current Liabilities Total1.3B1.4B1.4B1.3B1.2B612.4M
Inventory253.3M248.2M298.3M348.8M325.4M341.7M
Other Current Assets46.5M44.6M99.8M64.9M98M102.9M
Other Stockholder Equity(217.5M)(247.1M)(300.9M)(343.5M)(344.1M)(326.9M)
Total Liab1.7B1.7B1.8B1.8B1.7B844.6M
Property Plant And Equipment Gross1.1B1.0B1.0B1.1B2.2B2.3B
Total Current Assets919.2M1.0B1.0B1.1B1.1B597.7M
Accumulated Other Comprehensive Income(290.4M)(308.3M)(333.6M)(366.5M)(369.4M)(350.9M)
Short Term Debt103.3M1M80.8M119.7M116.9M122.7M
Other Liab405.6M482.3M438.7M313.8M360.9M201.3M
Net Tangible Assets1.2B1.3B380.8M1.3B1.5B797.2M
Other Assets85M134M137.5M121.5M139.7M146.7M
Long Term Debt824.3M933.2M936.2M928.1M911.1M462.7M
Deferred Long Term Liab180.6M163.7M188.1M180.4M207.5M147.3M
Short Long Term Debt103.3M1M80.8M134.2M103.4M108.6M
Intangible Assets203M195.8M252.6M241.9M231M118.4M
Property Plant Equipment1.1B1.0B1.0B1.1B1.2B690.8M
Good Will807.4M808.5M905.9M914.8M913.6M867.9M
Treasury Stock(659.7M)(700.4M)(775.1M)(831.1M)(748.0M)(785.4M)
Short Term Investments1.6M4.1M4.9M5.6M4.3M5.7M

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