McEwen Common Stock vs Short Long Term Debt Analysis

MUX Stock  USD 10.60  0.09  0.84%   
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 Common Stock and its Short Long Term Debt 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 tightly coupled 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.

Common Stock vs Short Long Term Debt

Common Stock vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Common Stock account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between McEwen Mining's Common Stock and Short Long Term Debt is 0.47. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt 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 Common Stock and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of McEwen Mining are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Common Stock i.e., McEwen Mining's Common Stock and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.
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 tightly coupled 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 Expenses46.7M97.7M98.1M103.0M
Cost Of Revenue143.0M111.0M172.4M181.1M

McEwen Mining fundamental ratios Correlations

0.170.980.86-0.35-0.230.631.00.290.60.320.44-0.01-0.10.860.510.01-0.030.860.110.150.120.610.620.06-0.05
0.170.050.230.46-0.770.450.110.480.42-0.220.740.630.350.390.60.80.650.060.420.630.890.620.660.610.23
0.980.050.85-0.44-0.170.570.980.210.560.350.36-0.03-0.160.740.49-0.12-0.130.780.010.050.050.570.590.04-0.08
0.860.230.85-0.38-0.070.670.850.070.630.350.22-0.040.030.70.570.060.150.68-0.20.220.280.370.44-0.070.06
-0.350.46-0.44-0.38-0.51-0.44-0.350.45-0.48-0.550.430.350.29-0.04-0.260.780.58-0.210.390.250.360.260.220.540.34
-0.23-0.77-0.17-0.07-0.51-0.23-0.19-0.49-0.230.1-0.95-0.59-0.36-0.29-0.43-0.65-0.51-0.03-0.48-0.31-0.66-0.9-0.9-0.83-0.21
0.630.450.570.67-0.44-0.230.570.150.990.230.340.190.20.610.850.210.260.5-0.040.370.50.390.450.15-0.08
1.00.110.980.85-0.35-0.190.570.270.540.330.41-0.08-0.120.850.44-0.03-0.070.880.090.120.060.580.590.01-0.05
0.290.480.210.070.45-0.490.150.270.15-0.370.590.490.220.470.270.530.350.330.650.270.460.540.490.510.26
0.60.420.560.63-0.48-0.230.990.540.150.210.320.250.160.560.890.150.210.45-0.020.320.490.380.440.17-0.11
0.32-0.220.350.35-0.550.10.230.33-0.370.21-0.05-0.330.20.160.12-0.42-0.090.24-0.1-0.08-0.260.030.08-0.45-0.04
0.440.740.360.220.43-0.950.340.410.590.32-0.050.460.330.530.430.630.450.30.520.320.580.960.940.740.16
-0.010.63-0.03-0.040.35-0.590.19-0.080.490.25-0.330.460.080.020.610.50.4-0.220.490.480.640.430.470.670.27
-0.10.35-0.160.030.29-0.360.2-0.120.220.160.20.330.080.10.150.470.74-0.020.13-0.070.50.190.230.260.65
0.860.390.740.7-0.04-0.290.610.850.470.560.160.530.020.10.430.340.220.940.370.350.240.580.570.070.09
0.510.60.490.57-0.26-0.430.850.440.270.890.120.430.610.150.430.30.340.240.140.390.70.490.580.390.0
0.010.8-0.120.060.78-0.650.21-0.030.530.15-0.420.630.50.470.340.30.840.080.340.540.750.460.480.610.33
-0.030.65-0.130.150.58-0.510.26-0.070.350.21-0.090.450.40.740.220.340.840.00.130.380.710.310.370.440.46
0.860.060.780.68-0.21-0.030.50.880.330.450.240.3-0.22-0.020.940.240.080.00.250.16-0.060.390.37-0.150.01
0.110.420.01-0.20.39-0.48-0.040.090.65-0.02-0.10.520.490.130.370.140.340.130.250.220.240.430.390.360.34
0.150.630.050.220.25-0.310.370.120.270.32-0.080.320.48-0.070.350.390.540.380.160.220.390.250.280.16-0.02
0.120.890.050.280.36-0.660.50.060.460.49-0.260.580.640.50.240.70.750.71-0.060.240.390.490.570.660.34
0.610.620.570.370.26-0.90.390.580.540.380.030.960.430.190.580.490.460.310.390.430.250.490.990.70.11
0.620.660.590.440.22-0.90.450.590.490.440.080.940.470.230.570.580.480.370.370.390.280.570.990.690.14
0.060.610.04-0.070.54-0.830.150.010.510.17-0.450.740.670.260.070.390.610.44-0.150.360.160.660.70.690.22
-0.050.23-0.080.060.34-0.21-0.08-0.050.26-0.11-0.040.160.270.650.090.00.330.460.010.34-0.020.340.110.140.22
Click cells to compare fundamentals

McEwen Mining Account Relationship Matchups

McEwen Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets631.2M499.9M525.3M528.7M659.5M692.5M
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)26.6M19.2M20.2M
Retained Earnings(1.0B)(1.2B)(1.2B)(1.3B)(1.3B)(1.2B)
Cash46.5M20.8M54.3M39.8M23.0M17.2M
Non Current Assets Total539.2M446.4M440.3M447.1M606.9M637.2M
Non Currrent Assets Other10.3M9.0M7.1M7.3M10.8M11.3M
Cash And Short Term Investments48.3M20.8M56.1M40.9M24.8M18.8M
Net Receivables2.7M5.7M10.6M2.9M2.5M3.4M
Common Stock Shares Outstanding36.2M40.3M45.5M47.4M47.5M49.9M
Liabilities And Stockholders Equity631.2M499.9M525.3M528.7M659.5M692.5M
Inventory38.4M27.0M15.8M31.7M19.9M16.5M
Other Stockholder Equity18.2M65.3M1.6B33.5M30.1M31.6M
Total Liab131.7M134.6M135.4M172.4M157.1M165.0M
Total Current Assets92.0M53.5M85.0M81.7M52.7M31.5M
Short Long Term Debt Total56.6M53.7M53.3M66.4M42.3M21.8M
Other Current Liab36.7M43.1M49.5M24.3M4.0M7.9M
Non Current Liabilities Total82.9M89.1M83.0M88.3M127.1M133.5M
Other Current Assets2.6M5.7M2.6M6.0M5.4M5.7M
Short Term Debt12.1M2.4M2.9M11.2M1.8M3.0M
Accounts Payable34.1M36.1M39.6M42.5M22.7M12.1M
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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When determining whether McEwen Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McEwen Mining'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 Mcewen Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcewen Mining Stock:
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 tightly coupled 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.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is McEwen Mining'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 McEwen Mining. If investors know McEwen 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 McEwen Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.66
Revenue Per Share
3.595
Quarterly Revenue Growth
0.186
Return On Assets
(0.07)
Return On Equity
0.0996
The market value of McEwen Mining is measured differently than its book value, which is the value of McEwen that is recorded on the company's balance sheet. Investors also form their own opinion of McEwen Mining's value that differs from its market value or its book value, called intrinsic value, which is McEwen Mining'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 McEwen Mining's market value can be influenced by many factors that don't directly affect McEwen Mining'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 McEwen Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if McEwen Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McEwen Mining'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.