Murchison Asset Turnover vs Total Cash From Operating Activities Analysis

MUR Stock  CAD 0.01  0.00  0.00%   
Murchison Minerals financial indicator trend analysis is infinitely more than just investigating Murchison Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Murchison Minerals is a good investment. Please check the relationship between Murchison Minerals Asset Turnover and its Total Cash From Operating Activities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murchison Minerals. 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.

Asset Turnover vs Total Cash From Operating Activities

Asset Turnover vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Murchison Minerals Asset Turnover account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Murchison Minerals' Asset Turnover and Total Cash From Operating Activities is -0.18. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Murchison Minerals, assuming nothing else is changed. The correlation between historical values of Murchison Minerals' Asset Turnover and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Murchison Minerals are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Asset Turnover i.e., Murchison Minerals' Asset Turnover and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Cash From Operating Activities

Most indicators from Murchison Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Murchison Minerals 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 Murchison Minerals. 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.
At this time, Murchison Minerals' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.2 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.98) in 2024.
 2021 2022 2023 2024 (projected)
Interest Income5.0K62.0K47.5K49.9K
Net Interest Income5.0K62.0K47.5K49.9K

Murchison Minerals fundamental ratios Correlations

0.70.150.99-0.38-0.93-0.390.92-0.490.920.320.50.19-0.81-0.220.770.960.38-0.150.090.94-0.75-0.330.5-0.5-0.23
0.70.080.63-0.42-0.76-0.160.76-0.390.76-0.070.050.61-0.490.240.870.730.2-0.220.10.7-0.410.080.06-0.050.12
0.150.080.16-0.13-0.08-0.510.09-0.190.090.40.48-0.56-0.35-0.540.040.160.510.110.150.13-0.35-0.040.53-0.61-0.59
0.990.630.16-0.39-0.92-0.450.91-0.510.910.370.570.11-0.84-0.290.690.950.44-0.160.140.94-0.78-0.370.58-0.57-0.28
-0.38-0.42-0.13-0.390.590.57-0.590.96-0.590.15-0.330.110.510.17-0.25-0.54-0.60.58-0.52-0.630.730.14-0.320.490.51
-0.93-0.76-0.08-0.920.590.43-1.00.69-1.0-0.03-0.35-0.260.80.09-0.79-0.97-0.460.39-0.29-0.980.80.18-0.370.430.26
-0.39-0.16-0.51-0.450.570.43-0.410.61-0.41-0.27-0.80.350.660.280.03-0.42-0.970.37-0.77-0.510.620.5-0.780.770.55
0.920.760.090.91-0.59-1.0-0.41-0.681.00.030.320.27-0.79-0.080.810.980.46-0.380.30.97-0.79-0.120.34-0.41-0.24
-0.49-0.39-0.19-0.510.960.690.61-0.68-0.680.1-0.380.170.590.25-0.32-0.64-0.640.58-0.52-0.730.850.17-0.380.570.59
0.920.760.090.91-0.59-1.0-0.411.0-0.680.030.320.27-0.79-0.080.810.980.46-0.380.30.97-0.79-0.120.34-0.41-0.24
0.32-0.070.40.370.15-0.03-0.270.030.10.030.68-0.4-0.33-0.580.010.220.230.55-0.210.16-0.23-0.330.65-0.56-0.19
0.50.050.480.57-0.33-0.35-0.80.32-0.380.320.68-0.51-0.68-0.61-0.050.410.710.070.350.49-0.6-0.750.96-0.89-0.57
0.190.61-0.560.110.11-0.260.350.270.170.27-0.4-0.510.110.780.550.19-0.32-0.15-0.070.140.270.29-0.530.610.71
-0.81-0.49-0.35-0.840.510.80.66-0.790.59-0.79-0.33-0.680.110.41-0.45-0.8-0.660.18-0.35-0.860.740.39-0.730.710.46
-0.220.24-0.54-0.290.170.090.28-0.080.25-0.08-0.58-0.610.780.410.16-0.2-0.24-0.250.15-0.220.530.33-0.630.780.82
0.770.870.040.69-0.25-0.790.030.81-0.320.810.01-0.050.55-0.450.160.810.05-0.06-0.070.72-0.430.21-0.02-0.020.14
0.960.730.160.95-0.54-0.97-0.420.98-0.640.980.220.410.19-0.8-0.20.810.46-0.250.230.98-0.82-0.130.43-0.49-0.27
0.380.20.510.44-0.6-0.46-0.970.46-0.640.460.230.71-0.32-0.66-0.240.050.46-0.380.840.54-0.63-0.310.71-0.73-0.5
-0.15-0.220.11-0.160.580.390.37-0.380.58-0.380.550.07-0.150.18-0.25-0.06-0.25-0.38-0.52-0.310.370.010.10.060.21
0.090.10.150.14-0.52-0.29-0.770.3-0.520.3-0.210.35-0.07-0.350.15-0.070.230.84-0.520.32-0.34-0.140.32-0.35-0.22
0.940.70.130.94-0.63-0.98-0.510.97-0.730.970.160.490.14-0.86-0.220.720.980.54-0.310.32-0.86-0.260.52-0.55-0.33
-0.75-0.41-0.35-0.780.730.80.62-0.790.85-0.79-0.23-0.60.270.740.53-0.43-0.82-0.630.37-0.34-0.860.29-0.610.770.71
-0.330.08-0.04-0.370.140.180.5-0.120.17-0.12-0.33-0.750.290.390.330.21-0.13-0.310.01-0.14-0.260.29-0.650.550.36
0.50.060.530.58-0.32-0.37-0.780.34-0.380.340.650.96-0.53-0.73-0.63-0.020.430.710.10.320.52-0.61-0.65-0.84-0.56
-0.5-0.05-0.61-0.570.490.430.77-0.410.57-0.41-0.56-0.890.610.710.78-0.02-0.49-0.730.06-0.35-0.550.770.55-0.840.84
-0.230.12-0.59-0.280.510.260.55-0.240.59-0.24-0.19-0.570.710.460.820.14-0.27-0.50.21-0.22-0.330.710.36-0.560.84
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Murchison Minerals Account Relationship Matchups

Murchison Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6M2.2M2.2M2.8M2.4M3.0M
Other Current Liab330.3K230.9K403.2K357.9K174.3K255.4K
Total Current Liabilities366.1K230.9K413.8K409.5K184.9K247.4K
Total Stockholder Equity1.2M2.0M1.8M2.3M2.2M2.5M
Net Debt(1.4M)(2.1M)(1.8M)(1.6M)(1.8M)(1.9M)
Retained Earnings(29.4M)(31.3M)(36.0M)(41.7M)(43.5M)(41.3M)
Cash1.4M2.1M1.8M1.7M1.8M1.6M
Non Current Assets Total13.3K75.0K113.4K183.8K134.5K127.8K
Cash And Short Term Investments1.4M2.1M1.8M1.7M1.8M1.6M
Net Receivables20.5K81.7K247.3K819.1K393.5K389.0K
Common Stock Shares Outstanding47.4M71.3M115.8M192.2M228.3M239.7M
Liabilities And Stockholders Equity1.6M2.2M2.2M2.8M2.4M3.0M
Other Stockholder Equity458.5K745.1K1.0M1.9M1.7M1.6M
Total Liab366.1K230.9K443.2K431.2K198.2K188.3K
Total Current Assets1.6M2.2M2.1M2.6M2.2M1.8M
Common Stock29.9M32.3M35.9M41.6M43.4M32.6M
Accounts Payable138.2K35.8K68.5K211.3K190.2K128.3K
Accumulated Other Comprehensive Income745.1K1.0M1.9M2.4M2.2M1.6M
Net Tangible Assets1.2M1.2M2.0M1.8M2.0M1.9M
Long Term Investments5.3K2.1K2.2K3.4K2.6K0.0
Net Invested Capital1.2M2.0M1.8M2.4M2.2M1.6M
Net Working Capital1.2M1.9M1.7M2.2M2.0M1.7M
Capital Stock29.9M32.3M35.9M41.6M43.4M38.9M

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