Murchison Days Of Inventory On Hand vs Pb Ratio Analysis

MUR Stock  CAD 0.01  0.01  50.00%   
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 Days Of Inventory On Hand and its Pb Ratio 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.

Days Of Inventory On Hand vs Pb Ratio

Days Of Inventory On Hand vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Murchison Minerals Days Of Inventory On Hand account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Murchison Minerals' Days Of Inventory On Hand and Pb Ratio is -0.08. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Pb Ratio 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' Days Of Inventory On Hand and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Murchison Minerals are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Days Of Inventory On Hand i.e., Murchison Minerals' Days Of Inventory On Hand and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Of Inventory On Hand

Pb Ratio

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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Murchison Stock Analysis

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