McEwen Other Current Assets vs Property Plant And Equipment Net Analysis

MUX Stock  USD 8.22  0.06  0.74%   
McEwen Mining financial indicator trend analysis is infinitely more than just investigating McEwen Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McEwen Mining is a good investment. Please check the relationship between McEwen Mining Other Current Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.

Other Current Assets vs Property Plant And Equipment Net

Other Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Other Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between McEwen Mining's Other Current Assets and Property Plant And Equipment Net is -0.07. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of McEwen Mining, assuming nothing else is changed. The correlation between historical values of McEwen Mining's Other Current Assets and Property Plant And Equipment 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 Other Current Assets of McEwen Mining are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Assets i.e., McEwen Mining's Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from McEwen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McEwen Mining 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 McEwen Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy McEwen Stock please use our How to Invest in McEwen Mining guide.At this time, McEwen Mining's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 52.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses46.7M97.7M126.4M132.7M
Cost Of Revenue143.0M111.0M201.9M212.0M

McEwen Mining fundamental ratios Correlations

0.170.980.86-0.35-0.230.631.00.280.60.360.44-0.01-0.10.860.510.00.050.860.00.110.140.610.620.06-0.05
0.170.050.230.46-0.770.450.110.370.42-0.390.740.630.340.390.60.80.620.060.690.640.820.620.660.610.23
0.980.050.85-0.44-0.170.570.980.210.560.420.36-0.03-0.160.740.49-0.13-0.030.78-0.130.010.080.570.590.04-0.08
0.860.230.85-0.38-0.070.670.85-0.050.630.340.22-0.040.030.710.570.060.180.68-0.070.260.30.370.44-0.070.06
-0.350.46-0.44-0.38-0.51-0.44-0.350.46-0.48-0.660.430.350.28-0.05-0.260.780.55-0.220.30.260.340.250.220.540.34
-0.23-0.77-0.17-0.07-0.51-0.23-0.19-0.51-0.230.28-0.95-0.59-0.35-0.29-0.43-0.65-0.36-0.03-0.55-0.29-0.64-0.9-0.9-0.83-0.21
0.630.450.570.67-0.44-0.230.570.060.990.10.340.190.20.620.850.210.160.510.350.370.50.390.450.15-0.08
1.00.110.980.85-0.35-0.190.570.270.540.380.41-0.08-0.120.850.44-0.030.020.88-0.040.070.080.580.590.01-0.05
0.280.370.21-0.050.46-0.510.060.270.05-0.450.630.370.110.440.120.450.160.340.360.080.310.580.50.520.15
0.60.420.560.63-0.48-0.230.990.540.050.090.320.250.170.560.890.160.140.450.340.310.50.380.440.17-0.11
0.36-0.390.420.34-0.660.280.10.38-0.450.09-0.23-0.33-0.270.120.03-0.64-0.350.26-0.2-0.04-0.49-0.07-0.03-0.57-0.24
0.440.740.360.220.43-0.950.340.410.630.32-0.230.460.310.530.430.620.310.30.580.270.560.960.940.740.16
-0.010.63-0.03-0.040.35-0.590.19-0.080.370.25-0.330.460.080.020.610.50.53-0.220.280.510.620.430.470.670.27
-0.10.34-0.160.030.28-0.350.2-0.120.110.17-0.270.310.080.090.150.46-0.08-0.030.440.060.540.180.220.250.65
0.860.390.740.71-0.05-0.290.620.850.440.560.120.530.020.090.440.340.230.940.330.320.220.570.570.070.09
0.510.60.490.57-0.26-0.430.850.440.120.890.030.430.610.150.440.30.350.250.370.420.70.490.580.390.0
0.00.8-0.130.060.78-0.650.21-0.030.450.16-0.640.620.50.460.340.30.730.080.550.570.730.460.480.610.33
0.050.62-0.030.180.55-0.360.160.020.160.14-0.350.310.53-0.080.230.350.730.030.240.690.480.250.290.36-0.06
0.860.060.780.68-0.22-0.030.510.880.340.450.260.3-0.22-0.030.940.250.080.030.10.12-0.060.390.37-0.150.01
0.00.69-0.13-0.070.3-0.550.35-0.040.360.34-0.20.580.280.440.330.370.550.240.10.30.480.390.390.31-0.04
0.110.640.010.260.26-0.290.370.070.080.31-0.040.270.510.060.320.420.570.690.120.30.40.190.250.140.17
0.140.820.080.30.34-0.640.50.080.310.5-0.490.560.620.540.220.70.730.48-0.060.480.40.490.570.670.37
0.610.620.570.370.25-0.90.390.580.580.38-0.070.960.430.180.570.490.460.250.390.390.190.490.990.70.11
0.620.660.590.440.22-0.90.450.590.50.44-0.030.940.470.220.570.580.480.290.370.390.250.570.990.690.14
0.060.610.04-0.070.54-0.830.150.010.520.17-0.570.740.670.250.070.390.610.36-0.150.310.140.670.70.690.22
-0.050.23-0.080.060.34-0.21-0.08-0.050.15-0.11-0.240.160.270.650.090.00.33-0.060.01-0.040.170.370.110.140.22
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McEwen Mining Account Relationship Matchups

McEwen Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets631.2M499.9M525.3M528.7M657.2M690.1M
Total Current Liabilities48.8M45.6M52.4M84.2M30.0M31.5M
Total Stockholder Equity499.5M365.3M375.2M322.8M502.4M527.5M
Property Plant And Equipment Net418.8M329.1M342.3M346.3M170.0M164.6M
Net Debt10.2M32.8M(1.0M)26.6M18.4M19.4M
Retained Earnings(1.0B)(1.2B)(1.2B)(1.3B)(1.3B)(1.2B)
Cash46.5M20.8M54.3M39.8M23.0M17.2M
Non Current Assets Total539.2M446.4M440.3M447.1M604.6M634.8M
Non Currrent Assets Other10.3M9.0M7.1M7.3M15.3M16.0M
Cash And Short Term Investments48.3M20.8M56.1M40.9M24.8M18.8M
Net Receivables2.7M1.8M3.7M2.9M2.4M2.9M
Common Stock Shares Outstanding36.2M40.3M45.5M47.4M47.5M49.9M
Liabilities And Stockholders Equity631.2M499.9M525.3M528.7M657.2M690.1M
Inventory38.4M27.0M15.8M31.7M19.9M16.5M
Other Stockholder Equity3.8M18.2M65.3M1.6B(1K)0.0
Total Liab131.7M134.6M135.4M172.4M154.8M162.6M
Total Current Assets92.0M53.5M85.0M81.7M52.7M31.5M
Short Long Term Debt Total56.6M53.7M53.3M66.4M41.5M21.7M
Other Current Liab36.7M4.6M10.0M30.6M4.9M5.6M
Non Current Liabilities Total82.9M89.1M83.0M88.3M124.8M131.1M
Other Current Assets2.6M4.0M13.1M11.9M5.6M5.9M
Short Term Debt12.1M4.9M2.9M11.2M978K929.1K
Accounts Payable34.1M36.1M39.5M34.7M22.6M11.8M
Common Stock Total Equity1.5B1.5B1.6B1.6B1.9B2.0B
Common Stock1.5B1.5B1.6B1.6B1.8B1.7B
Other Liab38.4M37.8M32.6M33.1M38.1M40.0M
Other Assets10.3M117.3M(1K)7.3M1.00.95
Long Term Debt39.5M24.1M48.9M54.0M40M42M
Property Plant Equipment418.8M4.8M342.3M2.4M2.8M2.7M
Short Term Investments1.9M108.3M1.8M1.1M1.7M1.7M
Net Tangible Assets499.5M365.3M375.2M322.8M290.5M351.9M
Retained Earnings Total Equity(1.0B)(1.2B)(1.2B)(1.3B)(1.2B)(1.2B)
Deferred Long Term Liab8.4M6.4M4.9M3.8M3.4M3.3M
Non Current Liabilities Other3.9M61.2M34.1M34.3M3.8M3.6M
Long Term Investments110.2M108.3M91.0M93.5M419.4M440.3M
Current Deferred Revenue(34.1M)(36.1M)(39.6M)6.2M1.6M1.7M
Long Term Debt Total39.5M24.1M48.9M54.0M62.1M65.2M

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