McEwen Long Term Investments vs Current Deferred Revenue 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 Long Term Investments and its Current Deferred Revenue 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.
Long Term Investments vs Current Deferred Revenue
Long Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Long Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between McEwen Mining's Long Term Investments and Current Deferred Revenue is 0.65. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Current Deferred Revenue 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 Long Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of McEwen Mining are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Investments i.e., McEwen Mining's Long Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of McEwen Mining balance sheet that represents investments McEwen Mining intends to hold for over a year. McEwen Mining long term investments may include different instruments such as stocks, bonds, real estate and cash.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 Expenses | 46.7M | 97.7M | 98.1M | 103.0M | Cost Of Revenue | 143.0M | 111.0M | 172.4M | 181.1M |
McEwen Mining fundamental ratios Correlations
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McEwen Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
McEwen Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 631.2M | 499.9M | 525.3M | 528.7M | 659.5M | 692.5M | |
Total Current Liabilities | 48.8M | 45.6M | 52.4M | 84.2M | 30.0M | 31.5M | |
Total Stockholder Equity | 499.5M | 365.3M | 375.2M | 322.8M | 502.4M | 527.5M | |
Property Plant And Equipment Net | 418.8M | 329.1M | 342.3M | 346.3M | 170.0M | 164.6M | |
Net Debt | 10.2M | 32.8M | (1.0M) | 26.6M | 19.2M | 20.2M | |
Retained Earnings | (1.0B) | (1.2B) | (1.2B) | (1.3B) | (1.3B) | (1.2B) | |
Cash | 46.5M | 20.8M | 54.3M | 39.8M | 23.0M | 17.2M | |
Non Current Assets Total | 539.2M | 446.4M | 440.3M | 447.1M | 606.9M | 637.2M | |
Non Currrent Assets Other | 10.3M | 9.0M | 7.1M | 7.3M | 10.8M | 11.3M | |
Cash And Short Term Investments | 48.3M | 20.8M | 56.1M | 40.9M | 24.8M | 18.8M | |
Net Receivables | 2.7M | 5.7M | 10.6M | 2.9M | 2.5M | 3.4M | |
Common Stock Shares Outstanding | 36.2M | 40.3M | 45.5M | 47.4M | 47.5M | 49.9M | |
Liabilities And Stockholders Equity | 631.2M | 499.9M | 525.3M | 528.7M | 659.5M | 692.5M | |
Inventory | 38.4M | 27.0M | 15.8M | 31.7M | 19.9M | 16.5M | |
Other Stockholder Equity | 18.2M | 65.3M | 1.6B | 33.5M | 30.1M | 31.6M | |
Total Liab | 131.7M | 134.6M | 135.4M | 172.4M | 157.1M | 165.0M | |
Total Current Assets | 92.0M | 53.5M | 85.0M | 81.7M | 52.7M | 31.5M | |
Short Long Term Debt Total | 56.6M | 53.7M | 53.3M | 66.4M | 42.3M | 21.8M | |
Other Current Liab | 36.7M | 43.1M | 49.5M | 24.3M | 4.0M | 7.9M | |
Non Current Liabilities Total | 82.9M | 89.1M | 83.0M | 88.3M | 127.1M | 133.5M | |
Other Current Assets | 2.6M | 5.7M | 2.6M | 6.0M | 5.4M | 5.7M | |
Short Term Debt | 12.1M | 2.4M | 2.9M | 11.2M | 1.8M | 3.0M | |
Accounts Payable | 34.1M | 36.1M | 39.6M | 42.5M | 22.7M | 12.1M | |
Common Stock Total Equity | 1.5B | 1.5B | 1.6B | 1.6B | 1.9B | 2.0B | |
Common Stock | 1.5B | 1.5B | 1.6B | 1.6B | 1.8B | 1.7B | |
Other Liab | 38.4M | 37.8M | 32.6M | 33.1M | 38.1M | 40.0M | |
Other Assets | 10.3M | 117.3M | (1K) | 7.3M | 1.0 | 0.95 | |
Long Term Debt | 39.5M | 24.1M | 48.9M | 54.0M | 40M | 42M | |
Property Plant Equipment | 418.8M | 4.8M | 342.3M | 2.4M | 2.8M | 2.7M | |
Short Term Investments | 1.9M | 108.3M | 1.8M | 1.1M | 1.7M | 1.7M | |
Net Tangible Assets | 499.5M | 365.3M | 375.2M | 322.8M | 290.5M | 351.9M | |
Retained Earnings Total Equity | (1.0B) | (1.2B) | (1.2B) | (1.3B) | (1.2B) | (1.2B) | |
Deferred Long Term Liab | 8.4M | 6.4M | 4.9M | 3.8M | 3.4M | 3.3M | |
Non Current Liabilities Other | 3.9M | 61.2M | 34.1M | 34.3M | 3.8M | 3.6M | |
Long Term Investments | 110.2M | 108.3M | 91.0M | 93.5M | 419.4M | 440.3M | |
Current Deferred Revenue | (34.1M) | (36.1M) | (39.6M) | 6.2M | 1.6M | 1.7M | |
Long Term Debt Total | 39.5M | 24.1M | 48.9M | 54.0M | 62.1M | 65.2M |
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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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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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.