McEwen Net Tangible Assets vs Deferred Long Term Liab 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 Net Tangible Assets and its Deferred Long Term Liab 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 Tangible Assets vs Deferred Long Term Liab

Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McEwen Mining Net Tangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost no relationship.

The correlation between McEwen Mining's Net Tangible Assets and Deferred Long Term Liab is 0.18. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Deferred Long Term Liab 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 Tangible Assets and Deferred Long Term Liab 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 Tangible Assets of McEwen Mining are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Tangible Assets i.e., McEwen Mining's Net Tangible Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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

Total Operating Expenses Cost Of Revenue

McEwen Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.17	0.98	0.86	-0.35	-0.23	0.63	1.0	0.29	0.6	0.32	0.44	-0.01	-0.1	0.86	0.51	0.01	-0.03	0.86	0.11	0.15	0.12	0.61	0.62	0.06	-0.05
Total Current Liabilities	0.17		0.05	0.23	0.46	-0.77	0.45	0.11	0.48	0.42	-0.22	0.74	0.63	0.35	0.39	0.6	0.8	0.65	0.06	0.42	0.63	0.89	0.62	0.66	0.61	0.23
Total Stockholder Equity	0.98	0.05		0.85	-0.44	-0.17	0.57	0.98	0.21	0.56	0.35	0.36	-0.03	-0.16	0.74	0.49	-0.12	-0.13	0.78	0.01	0.05	0.05	0.57	0.59	0.04	-0.08
Property Plant And Equipment Net	0.86	0.23	0.85		-0.38	-0.07	0.67	0.85	0.07	0.63	0.35	0.22	-0.04	0.03	0.7	0.57	0.06	0.15	0.68	-0.2	0.22	0.28	0.37	0.44	-0.07	0.06
Net Debt	-0.35	0.46	-0.44	-0.38		-0.51	-0.44	-0.35	0.45	-0.48	-0.55	0.43	0.35	0.29	-0.04	-0.26	0.78	0.58	-0.21	0.39	0.25	0.36	0.26	0.22	0.54	0.34
Retained Earnings	-0.23	-0.77	-0.17	-0.07	-0.51		-0.23	-0.19	-0.49	-0.23	0.1	-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
Cash	0.63	0.45	0.57	0.67	-0.44	-0.23		0.57	0.15	0.99	0.23	0.34	0.19	0.2	0.61	0.85	0.21	0.26	0.5	-0.04	0.37	0.5	0.39	0.45	0.15	-0.08
Non Current Assets Total	1.0	0.11	0.98	0.85	-0.35	-0.19	0.57		0.27	0.54	0.33	0.41	-0.08	-0.12	0.85	0.44	-0.03	-0.07	0.88	0.09	0.12	0.06	0.58	0.59	0.01	-0.05
Non Currrent Assets Other	0.29	0.48	0.21	0.07	0.45	-0.49	0.15	0.27		0.15	-0.37	0.59	0.49	0.22	0.47	0.27	0.53	0.35	0.33	0.65	0.27	0.46	0.54	0.49	0.51	0.26
Cash And Short Term Investments	0.6	0.42	0.56	0.63	-0.48	-0.23	0.99	0.54	0.15		0.21	0.32	0.25	0.16	0.56	0.89	0.15	0.21	0.45	-0.02	0.32	0.49	0.38	0.44	0.17	-0.11
Net Receivables	0.32	-0.22	0.35	0.35	-0.55	0.1	0.23	0.33	-0.37	0.21		-0.05	-0.33	0.2	0.16	0.12	-0.42	-0.09	0.24	-0.1	-0.08	-0.26	0.03	0.08	-0.45	-0.04
Common Stock Shares Outstanding	0.44	0.74	0.36	0.22	0.43	-0.95	0.34	0.41	0.59	0.32	-0.05		0.46	0.33	0.53	0.43	0.63	0.45	0.3	0.52	0.32	0.58	0.96	0.94	0.74	0.16
Inventory	-0.01	0.63	-0.03	-0.04	0.35	-0.59	0.19	-0.08	0.49	0.25	-0.33	0.46		0.08	0.02	0.61	0.5	0.4	-0.22	0.49	0.48	0.64	0.43	0.47	0.67	0.27
Other Stockholder Equity	-0.1	0.35	-0.16	0.03	0.29	-0.36	0.2	-0.12	0.22	0.16	0.2	0.33	0.08		0.1	0.15	0.47	0.74	-0.02	0.13	-0.07	0.5	0.19	0.23	0.26	0.65
Total Liab	0.86	0.39	0.74	0.7	-0.04	-0.29	0.61	0.85	0.47	0.56	0.16	0.53	0.02	0.1		0.43	0.34	0.22	0.94	0.37	0.35	0.24	0.58	0.57	0.07	0.09
Total Current Assets	0.51	0.6	0.49	0.57	-0.26	-0.43	0.85	0.44	0.27	0.89	0.12	0.43	0.61	0.15	0.43		0.3	0.34	0.24	0.14	0.39	0.7	0.49	0.58	0.39	0.0
Short Long Term Debt Total	0.01	0.8	-0.12	0.06	0.78	-0.65	0.21	-0.03	0.53	0.15	-0.42	0.63	0.5	0.47	0.34	0.3		0.84	0.08	0.34	0.54	0.75	0.46	0.48	0.61	0.33
Other Current Liab	-0.03	0.65	-0.13	0.15	0.58	-0.51	0.26	-0.07	0.35	0.21	-0.09	0.45	0.4	0.74	0.22	0.34	0.84		0.0	0.13	0.38	0.71	0.31	0.37	0.44	0.46
Non Current Liabilities Total	0.86	0.06	0.78	0.68	-0.21	-0.03	0.5	0.88	0.33	0.45	0.24	0.3	-0.22	-0.02	0.94	0.24	0.08	0.0		0.25	0.16	-0.06	0.39	0.37	-0.15	0.01
Other Current Assets	0.11	0.42	0.01	-0.2	0.39	-0.48	-0.04	0.09	0.65	-0.02	-0.1	0.52	0.49	0.13	0.37	0.14	0.34	0.13	0.25		0.22	0.24	0.43	0.39	0.36	0.34
Short Term Debt	0.15	0.63	0.05	0.22	0.25	-0.31	0.37	0.12	0.27	0.32	-0.08	0.32	0.48	-0.07	0.35	0.39	0.54	0.38	0.16	0.22		0.39	0.25	0.28	0.16	-0.02
Accounts Payable	0.12	0.89	0.05	0.28	0.36	-0.66	0.5	0.06	0.46	0.49	-0.26	0.58	0.64	0.5	0.24	0.7	0.75	0.71	-0.06	0.24	0.39		0.49	0.57	0.66	0.34
Common Stock Total Equity	0.61	0.62	0.57	0.37	0.26	-0.9	0.39	0.58	0.54	0.38	0.03	0.96	0.43	0.19	0.58	0.49	0.46	0.31	0.39	0.43	0.25	0.49		0.99	0.7	0.11
Common Stock	0.62	0.66	0.59	0.44	0.22	-0.9	0.45	0.59	0.49	0.44	0.08	0.94	0.47	0.23	0.57	0.58	0.48	0.37	0.37	0.39	0.28	0.57	0.99		0.69	0.14
Other Liab	0.06	0.61	0.04	-0.07	0.54	-0.83	0.15	0.01	0.51	0.17	-0.45	0.74	0.67	0.26	0.07	0.39	0.61	0.44	-0.15	0.36	0.16	0.66	0.7	0.69		0.22
Other Assets	-0.05	0.23	-0.08	0.06	0.34	-0.21	-0.08	-0.05	0.26	-0.11	-0.04	0.16	0.27	0.65	0.09	0.0	0.33	0.46	0.01	0.34	-0.02	0.34	0.11	0.14	0.22

Click cells to compare fundamentals

McEwen Mining Account Relationship Matchups

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

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

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:

How To Invest In McEwen

Details

Is McEwen Stock a good investment?

Details

What is McEwen Mining's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Other Precious Metals & Mining Companies

View

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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for McEwen Stock analysis

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.

	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

McEwen Net Tangible Assets vs Deferred Long Term Liab Analysis

Net Tangible Assets vs Deferred Long Term Liab

Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Deferred Long Term Liab

McEwen Mining fundamental ratios Correlations

McEwen Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

McEwen Mining fundamental ratios Accounts

Also Currently Popular

Complementary Tools for McEwen Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.99	Common Stock Total Equity
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Common Stock Total Equity	+ 0.96	Common Stock Shares Outstanding

Common Stock Shares Outstanding	- 0.95	Retained Earnings
Common Stock	- 0.9	Retained Earnings
Common Stock Total Equity	- 0.9	Retained Earnings
Other Liab	- 0.83	Retained Earnings
Retained Earnings	- 0.77	Total Current Liabilities
Accounts Payable	- 0.66	Retained Earnings