Magna Non Current Liabilities Total vs Capital Stock Analysis

NICU Stock

1.42 0.01 0.71%

Magna Mining financial indicator trend analysis is infinitely more than just investigating Magna Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magna Mining is a good investment. Please check the relationship between Magna Mining Non Current Liabilities Total and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna 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.

Non Current Liabilities Total vs Capital Stock

Non Current Liabilities Total vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magna Mining Non Current Liabilities Total account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Magna Mining's Non Current Liabilities Total and Capital Stock is 0.82. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Magna Mining, assuming nothing else is changed. The correlation between historical values of Magna Mining's Non Current Liabilities Total and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Magna Mining are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Non Current Liabilities Total i.e., Magna Mining's Non Current Liabilities Total and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Non Current Liabilities Total

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from Magna Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magna 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 Magna 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.

Enterprise Value is likely to climb to about 83.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.8 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	1.8K	97.0K	856.6K	899.4K
Net Interest Income	1.8K	32.2K	498.8K	523.8K

Interest Income Net Interest Income

Magna Mining fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock
Other Current Liab		0.83	0.85	0.98	-0.92	0.82	0.77	0.98	0.95	0.98	0.88	0.93	0.89	0.97	0.93	0.96	0.74	0.85	0.85	0.88	-0.69	0.94	0.88	0.89	0.94	0.89
Total Current Liabilities	0.83		0.84	0.83	-0.91	0.98	0.76	0.85	0.82	0.83	0.87	0.91	0.78	0.92	0.91	0.85	0.57	0.82	0.98	0.68	-0.49	0.89	0.99	0.78	0.95	0.98
Other Liab	0.85	0.84		0.88	-0.91	0.74	0.98	0.91	0.94	0.89	0.79	0.96	0.95	0.89	0.96	0.92	0.77	0.97	0.88	0.93	-0.74	0.85	0.87	0.95	0.94	0.93
Net Tangible Assets	0.98	0.83	0.88		-0.92	0.81	0.79	0.96	0.96	1.0	0.87	0.93	0.89	0.97	0.93	0.95	0.73	0.84	0.85	0.87	-0.68	0.94	0.87	0.89	0.93	0.88
Retained Earnings	-0.92	-0.91	-0.91	-0.92		-0.87	-0.89	-0.97	-0.97	-0.92	-0.77	-0.94	-0.84	-0.94	-0.93	-0.98	-0.85	-0.92	-0.96	-0.87	0.79	-0.85	-0.96	-0.84	-0.96	-0.96
Accounts Payable	0.82	0.98	0.74	0.81	-0.87		0.64	0.82	0.77	0.8	0.86	0.85	0.7	0.9	0.85	0.81	0.5	0.73	0.95	0.6	-0.41	0.86	0.96	0.7	0.9	0.93
Other Assets	0.77	0.76	0.98	0.79	-0.89	0.64		0.87	0.91	0.81	0.67	0.91	0.9	0.8	0.9	0.89	0.84	0.98	0.83	0.94	-0.82	0.74	0.81	0.9	0.88	0.88
Net Receivables	0.98	0.85	0.91	0.96	-0.97	0.82	0.87		0.99	0.97	0.82	0.95	0.9	0.96	0.95	1.0	0.85	0.92	0.9	0.93	-0.8	0.89	0.91	0.9	0.96	0.93
Total Current Assets	0.95	0.82	0.94	0.96	-0.97	0.77	0.91	0.99		0.97	0.78	0.95	0.91	0.94	0.95	0.99	0.87	0.94	0.88	0.95	-0.83	0.87	0.89	0.91	0.94	0.91
Common Stock	0.98	0.83	0.89	1.0	-0.92	0.8	0.81	0.97	0.97		0.86	0.93	0.89	0.97	0.94	0.96	0.75	0.85	0.85	0.88	-0.7	0.94	0.88	0.89	0.94	0.89
Property Plant Equipment	0.88	0.87	0.79	0.87	-0.77	0.86	0.67	0.82	0.78	0.86		0.91	0.88	0.93	0.91	0.79	0.4	0.77	0.82	0.7	-0.33	0.98	0.85	0.88	0.91	0.87
Total Assets	0.93	0.91	0.96	0.93	-0.94	0.85	0.91	0.95	0.95	0.93	0.91		0.97	0.96	1.0	0.94	0.72	0.96	0.93	0.91	-0.67	0.94	0.93	0.97	0.99	0.97
Total Stockholder Equity	0.89	0.78	0.95	0.89	-0.84	0.7	0.9	0.9	0.91	0.89	0.88	0.97		0.9	0.97	0.88	0.68	0.95	0.8	0.94	-0.66	0.91	0.81	1.0	0.93	0.88
Property Plant And Equipment Net	0.97	0.92	0.89	0.97	-0.94	0.9	0.8	0.96	0.94	0.97	0.93	0.96	0.9		0.97	0.95	0.67	0.86	0.92	0.84	-0.61	0.98	0.95	0.9	0.98	0.95
Cash	0.93	0.91	0.96	0.93	-0.93	0.85	0.9	0.95	0.95	0.94	0.91	1.0	0.97	0.97		0.94	0.71	0.96	0.92	0.91	-0.66	0.95	0.93	0.97	0.99	0.97
Non Current Assets Total	0.96	0.85	0.92	0.95	-0.98	0.81	0.89	1.0	0.99	0.96	0.79	0.94	0.88	0.95	0.94		0.87	0.92	0.91	0.93	-0.82	0.87	0.92	0.89	0.95	0.93
Non Currrent Assets Other	0.74	0.57	0.77	0.73	-0.85	0.5	0.84	0.85	0.87	0.75	0.4	0.72	0.68	0.67	0.71	0.87		0.82	0.7	0.88	-0.99	0.53	0.68	0.68	0.71	0.7
Long Term Debt	0.85	0.82	0.97	0.84	-0.92	0.73	0.98	0.92	0.94	0.85	0.77	0.96	0.95	0.86	0.96	0.92	0.82		0.88	0.95	-0.79	0.82	0.86	0.95	0.94	0.92
Common Stock Shares Outstanding	0.85	0.98	0.88	0.85	-0.96	0.95	0.83	0.9	0.88	0.85	0.82	0.93	0.8	0.92	0.92	0.91	0.7	0.88		0.76	-0.63	0.85	1.0	0.8	0.96	0.99
Non Current Liabilities Total	0.88	0.68	0.93	0.87	-0.87	0.6	0.94	0.93	0.95	0.88	0.7	0.91	0.94	0.84	0.91	0.93	0.88	0.95	0.76		-0.87	0.79	0.76	0.94	0.87	0.82
Other Current Assets	-0.69	-0.49	-0.74	-0.68	0.79	-0.41	-0.82	-0.8	-0.83	-0.7	-0.33	-0.67	-0.66	-0.61	-0.66	-0.82	-0.99	-0.79	-0.63	-0.87		-0.47	-0.61	-0.66	-0.65	-0.64
Other Stockholder Equity	0.94	0.89	0.85	0.94	-0.85	0.86	0.74	0.89	0.87	0.94	0.98	0.94	0.91	0.98	0.95	0.87	0.53	0.82	0.85	0.79	-0.47		0.88	0.91	0.95	0.9
Total Liab	0.88	0.99	0.87	0.87	-0.96	0.96	0.81	0.91	0.89	0.88	0.85	0.93	0.81	0.95	0.93	0.92	0.68	0.86	1.0	0.76	-0.61	0.88		0.81	0.97	0.99
Net Invested Capital	0.89	0.78	0.95	0.89	-0.84	0.7	0.9	0.9	0.91	0.89	0.88	0.97	1.0	0.9	0.97	0.89	0.68	0.95	0.8	0.94	-0.66	0.91	0.81		0.93	0.88
Property Plant And Equipment Gross	0.94	0.95	0.94	0.93	-0.96	0.9	0.88	0.96	0.94	0.94	0.91	0.99	0.93	0.98	0.99	0.95	0.71	0.94	0.96	0.87	-0.65	0.95	0.97	0.93		0.99
Capital Stock	0.89	0.98	0.93	0.88	-0.96	0.93	0.88	0.93	0.91	0.89	0.87	0.97	0.88	0.95	0.97	0.93	0.7	0.92	0.99	0.82	-0.64	0.9	0.99	0.88	0.99

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Magna Non Current Liabilities Total vs Capital Stock Analysis

Non Current Liabilities Total vs Capital Stock

Non Current Liabilities Total vs Capital Stock Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Capital Stock

Magna Mining fundamental ratios Correlations

Magna Mining Account Relationship Matchups

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 1.0	Net Receivables
Cash	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 0.99	Total Current Liabilities

Other Current Assets	- 0.99	Non Currrent Assets Other
Non Current Assets Total	- 0.98	Retained Earnings
Total Current Assets	- 0.97	Retained Earnings
Net Receivables	- 0.97	Retained Earnings
Capital Stock	- 0.96	Retained Earnings
Property Plant And Equipment Gross	- 0.96	Retained Earnings