McEwen Net Debt vs Total Assets Analysis
MUX Stock | USD 11.33 0.73 6.89% |
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 Net Debt and its Total Assets 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.
Net Debt vs Total Assets
Net Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Net Debt account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between McEwen Mining's Net Debt and Total Assets is -0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Net Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of McEwen Mining are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., McEwen Mining's Net Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Assets
Total assets refers to the total amount of McEwen Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in McEwen Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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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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.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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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When running McEwen Mining's price analysis, check to measure McEwen Mining'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 McEwen Mining is operating at the current time. Most of McEwen Mining's value examination focuses on studying past and present price action to predict the probability of McEwen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McEwen Mining's price. Additionally, you may evaluate how the addition of McEwen Mining to your portfolios can decrease your overall portfolio volatility.
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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.