Mesabi Other Current Assets vs Common Stock Shares Outstanding Analysis

MSB Stock  USD 17.72  0.56  3.26%   
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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesabi Trust Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mesabi Trust's Other Current Assets and Common Stock Shares Outstanding is -0.62. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding 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 Mesabi Trust are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Mesabi Trust's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit71.2M7.4M22.5M17.1M
Total Revenue71.5M7.7M22.9M17.1M

Mesabi Trust fundamental ratios Correlations

0.90.90.23-0.320.990.351.00.770.78-0.35-0.690.69-0.53-0.230.73-0.220.8-0.35-0.230.73-0.160.61-0.370.920.57
0.91.00.45-0.20.880.150.890.420.44-0.29-0.740.74-0.63-0.450.71-0.460.46-0.29-0.450.76-0.340.49-0.420.920.22
0.91.00.45-0.250.890.150.90.430.45-0.34-0.740.75-0.62-0.450.72-0.460.47-0.34-0.450.76-0.340.47-0.450.930.21
0.230.450.45-0.130.22-0.230.23-0.11-0.12-0.34-0.370.39-0.25-0.840.12-0.62-0.15-0.34-0.840.45-0.88-0.18-0.630.13-0.43
-0.32-0.2-0.25-0.13-0.39-0.14-0.38-0.26-0.280.980.27-0.27-0.180.1-0.180.19-0.30.980.1-0.170.080.380.83-0.30.09
0.990.880.890.22-0.390.381.00.760.78-0.42-0.670.67-0.53-0.210.7-0.260.8-0.42-0.210.68-0.150.53-0.430.920.54
0.350.150.15-0.23-0.140.380.360.50.5-0.080.43-0.43-0.290.22-0.280.060.51-0.080.22-0.330.180.150.020.270.5
1.00.890.90.23-0.381.00.360.760.78-0.41-0.690.69-0.51-0.230.73-0.230.8-0.41-0.230.72-0.170.56-0.430.920.55
0.770.420.43-0.11-0.260.760.50.761.0-0.22-0.350.34-0.140.10.50.230.98-0.220.10.460.10.62-0.140.540.89
0.780.440.45-0.12-0.280.780.50.781.0-0.24-0.370.36-0.170.110.510.220.99-0.240.110.470.110.62-0.150.560.89
-0.35-0.29-0.34-0.340.98-0.42-0.08-0.41-0.22-0.240.34-0.35-0.110.28-0.20.31-0.261.00.28-0.260.270.40.93-0.310.18
-0.69-0.74-0.74-0.370.27-0.670.43-0.69-0.35-0.370.34-1.00.280.34-0.920.28-0.380.340.34-0.930.29-0.410.42-0.69-0.15
0.690.740.750.39-0.270.67-0.430.690.340.36-0.35-1.0-0.28-0.380.91-0.30.38-0.35-0.380.93-0.290.4-0.440.680.13
-0.53-0.63-0.62-0.25-0.18-0.53-0.29-0.51-0.14-0.17-0.110.28-0.280.24-0.210.45-0.22-0.110.24-0.190.19-0.290.01-0.57-0.14
-0.23-0.45-0.45-0.840.1-0.210.22-0.230.10.110.280.34-0.380.24-0.10.580.130.281.0-0.440.480.170.62-0.090.42
0.730.710.720.12-0.180.7-0.280.730.50.51-0.2-0.920.91-0.21-0.1-0.090.51-0.2-0.10.91-0.10.63-0.20.760.39
-0.22-0.46-0.46-0.620.19-0.260.06-0.230.230.220.310.28-0.30.450.58-0.090.180.310.58-0.190.490.370.49-0.270.45
0.80.460.47-0.15-0.30.80.510.80.980.99-0.26-0.380.38-0.220.130.510.18-0.260.130.450.140.6-0.150.60.88
-0.35-0.29-0.34-0.340.98-0.42-0.08-0.41-0.22-0.241.00.34-0.35-0.110.28-0.20.31-0.260.28-0.260.270.40.93-0.310.18
-0.23-0.45-0.45-0.840.1-0.210.22-0.230.10.110.280.34-0.380.241.0-0.10.580.130.28-0.440.480.170.62-0.090.42
0.730.760.760.45-0.170.68-0.330.720.460.47-0.26-0.930.93-0.19-0.440.91-0.190.45-0.26-0.44-0.340.57-0.390.660.25
-0.16-0.34-0.34-0.880.08-0.150.18-0.170.10.110.270.29-0.290.190.48-0.10.490.140.270.48-0.340.130.45-0.120.33
0.610.490.47-0.180.380.530.150.560.620.620.4-0.410.4-0.290.170.630.370.60.40.170.570.130.390.560.76
-0.37-0.42-0.45-0.630.83-0.430.02-0.43-0.14-0.150.930.42-0.440.010.62-0.20.49-0.150.930.62-0.390.450.39-0.290.31
0.920.920.930.13-0.30.920.270.920.540.56-0.31-0.690.68-0.57-0.090.76-0.270.6-0.31-0.090.66-0.120.56-0.290.4
0.570.220.21-0.430.090.540.50.550.890.890.18-0.150.13-0.140.420.390.450.880.180.420.250.330.760.310.4
Click cells to compare fundamentals

Mesabi Trust Account Relationship Matchups

Mesabi Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.6M22.9M53.9M14.1M26.7M28.0M
Total Stockholder Equity11.8M16.5M30.8M11.4M21.0M22.0M
Retained Earnings11.8M16.5M30.8M11.4M21.0M22.0M
Liabilities And Stockholders Equity23.6M22.9M53.9M14.1M26.7M28.0M
Cash And Short Term Investments23.5M22.4M47.7M14.0M24.0M25.2M
Total Current Assets23.6M22.9M53.9M14.1M26.7M28.0M
Other Current Liab9.3M6.5M23.1M(1.9M)5.7M6.5M
Total Current Liabilities9.3M6.5M23.1M381.0K5.7M6.7M
Net Debt(10.2M)(12.5M)(47.7M)(14.0M)(24.0M)(22.8M)
Cash10.2M12.5M47.7M14.0M24.0M25.2M
Non Current Liabilities Total2.5M6.5M23.1M2.3M5.7M5.2M
Other Current Assets(23.5M)(22.6M)122.5K(14.0M)(24.4M)(23.2M)
Total Liab11.8M6.5M23.1M2.7M5.7M7.0M
Non Currrent Assets Other137.2K344.1K4.8M150.8K2.3M2.4M
Net Receivables69.6K426.7K6.1M23.6K451.9K429.3K
Net Tangible Assets11.8M16.5M30.8M11.4M13.2M11.2M
Accounts Payable9.3M6.5M23.1M381.0K438.1K416.2K
Cash And Equivalents10.2M12.5M47.7M14.0M16.1M15.6M
Net Invested Capital11.8M16.5M30.8M11.4M21.0M18.7M
Net Working Capital14.3M16.5M30.8M13.7M21.0M19.4M

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When determining whether Mesabi Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesabi Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mesabi Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesabi Trust Stock:
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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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.