Mesabi Operating Income vs Non Recurring Analysis
MSB Stock | USD 17.75 0.07 0.40% |
Mesabi Trust financial indicator trend analysis is infinitely more than just investigating Mesabi Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mesabi Trust is a good investment. Please check the relationship between Mesabi Trust Operating Income and its Non Recurring accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesabi Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.
Operating Income vs Non Recurring
Operating Income vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesabi Trust Operating Income account and Non Recurring. At this time, the significance of the direction appears to have no relationship.
The correlation between Mesabi Trust's Operating Income and Non Recurring is 0.02. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Mesabi Trust, assuming nothing else is changed. The correlation between historical values of Mesabi Trust's Operating Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Mesabi Trust are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Operating Income i.e., Mesabi Trust's Operating Income and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Mesabi Trust operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mesabi Trust is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Non Recurring
Most indicators from Mesabi Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mesabi Trust 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 Mesabi Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.At present, Mesabi Trust's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.15, whereas Enterprise Value is forecasted to decline to about 153 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 71.2M | 7.4M | 22.5M | 17.1M | Total Revenue | 71.5M | 7.7M | 22.9M | 17.1M |
Mesabi Trust fundamental ratios Correlations
Click cells to compare fundamentals
Mesabi Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mesabi Trust fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.6M | 22.9M | 53.9M | 14.1M | 26.7M | 28.0M | |
Total Stockholder Equity | 11.8M | 16.5M | 30.8M | 11.4M | 21.0M | 22.0M | |
Retained Earnings | 11.8M | 16.5M | 30.8M | 11.4M | 21.0M | 22.0M | |
Liabilities And Stockholders Equity | 23.6M | 22.9M | 53.9M | 14.1M | 26.7M | 28.0M | |
Cash And Short Term Investments | 23.5M | 22.4M | 47.7M | 14.0M | 24.0M | 25.2M | |
Total Current Assets | 23.6M | 22.9M | 53.9M | 14.1M | 26.7M | 28.0M | |
Other Current Liab | 9.3M | 6.5M | 23.1M | (1.9M) | 5.7M | 6.5M | |
Total Current Liabilities | 9.3M | 6.5M | 23.1M | 381.0K | 5.7M | 6.7M | |
Net Debt | (10.2M) | (12.5M) | (47.7M) | (14.0M) | (24.0M) | (22.8M) | |
Cash | 10.2M | 12.5M | 47.7M | 14.0M | 24.0M | 25.2M | |
Non Current Liabilities Total | 2.5M | 6.5M | 23.1M | 2.3M | 5.7M | 5.2M | |
Other Current Assets | (23.5M) | (22.6M) | 122.5K | (14.0M) | (24.4M) | (23.2M) | |
Total Liab | 11.8M | 6.5M | 23.1M | 2.7M | 5.7M | 7.0M | |
Non Currrent Assets Other | 137.2K | 344.1K | 4.8M | 150.8K | 2.3M | 2.4M | |
Net Receivables | 69.6K | 426.7K | 6.1M | 23.6K | 451.9K | 429.3K | |
Net Tangible Assets | 11.8M | 16.5M | 30.8M | 11.4M | 13.2M | 11.2M | |
Accounts Payable | 9.3M | 6.5M | 23.1M | 381.0K | 438.1K | 416.2K | |
Cash And Equivalents | 10.2M | 12.5M | 47.7M | 14.0M | 16.1M | 15.6M | |
Net Invested Capital | 11.8M | 16.5M | 30.8M | 11.4M | 21.0M | 18.7M | |
Net Working Capital | 14.3M | 16.5M | 30.8M | 13.7M | 21.0M | 19.4M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesabi Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Mesabi Stock analysis
When running Mesabi Trust's price analysis, check to measure Mesabi Trust's 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 Mesabi Trust is operating at the current time. Most of Mesabi Trust's value examination focuses on studying past and present price action to predict the probability of Mesabi Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesabi Trust's price. Additionally, you may evaluate how the addition of Mesabi Trust to your portfolios can decrease your overall portfolio volatility.
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Mesabi Trust's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesabi Trust. If investors know Mesabi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesabi Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 0.72 | Earnings Share 1.45 | Revenue Per Share 1.743 | Quarterly Revenue Growth 56.818 |
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesabi Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.