Maple Net Receivables vs Other Current Assets Analysis
MGM Stock | CAD 0.07 0.01 8.33% |
Maple Gold financial indicator trend analysis is infinitely more than just investigating Maple Gold Mines recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maple Gold Mines is a good investment. Please check the relationship between Maple Gold Net Receivables and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maple Gold Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Net Receivables vs Other Current Assets
Net Receivables vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maple Gold Mines Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Maple Gold's Net Receivables and Other Current Assets is -0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Maple Gold Mines, assuming nothing else is changed. The correlation between historical values of Maple Gold's Net Receivables and Other Current 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 Receivables of Maple Gold Mines are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Maple Gold's Net Receivables and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
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.Most indicators from Maple Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maple Gold Mines 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 Maple Gold Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to climb to about 5 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 100.7K | 112.1K | 175.1K | 121.7K | Depreciation And Amortization | 304.3K | 212.9K | 219.1K | 130.0K |
Maple Gold fundamental ratios Correlations
Click cells to compare fundamentals
Maple Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maple Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8M | 21.5M | 22.3M | 11.2M | 4.6M | 4.3M | |
Other Current Liab | 800.4K | 446.7K | 2.6M | 583.9K | 1.2M | 1.0M | |
Total Current Liabilities | 2.3M | 2.2M | 4.3M | 1.5M | 1.4M | 2.0M | |
Total Stockholder Equity | 3.3M | 19.1M | 17.9M | 9.3M | 3.0M | 2.9M | |
Property Plant And Equipment Net | 555.1K | 563.7K | 242.9K | 515.5K | 272.3K | 258.6K | |
Retained Earnings | (57.2M) | (61.7M) | (67.6M) | (77.9M) | (85.0M) | (80.7M) | |
Non Current Assets Total | 555.1K | 563.7K | 242.9K | 515.5K | 272.3K | 258.6K | |
Cash And Short Term Investments | 4.1M | 20.0M | 21.9M | 9.8M | 3.5M | 6.2M | |
Net Receivables | 702.5K | 243.6K | 33.5K | 512.3K | 137.2K | 130.4K | |
Common Stock Shares Outstanding | 223.6M | 256.4M | 322.2M | 336.2M | 339.1M | 175.4M | |
Liabilities And Stockholders Equity | 5.8M | 21.5M | 22.3M | 11.2M | 4.6M | 4.3M | |
Non Current Liabilities Total | 230.0K | 285.4K | 130.2K | 391.3K | 118.5K | 112.5K | |
Other Current Assets | 475.7K | 725.3K | 160.8K | 410.4K | 657.7K | 595.4K | |
Other Stockholder Equity | 11.0M | 11.4M | 13.7M | 14.4M | 13.0M | 19.3M | |
Total Liab | 2.5M | 2.5M | 4.4M | 1.9M | 1.5M | 2.4M | |
Total Current Assets | 5.3M | 21.0M | 22.1M | 10.7M | 4.3M | 7.6M | |
Accumulated Other Comprehensive Income | 11.4M | 13.7M | 14.4M | 15.5M | 15.9M | 7.9M | |
Short Long Term Debt Total | 584.6K | 544.9K | 235.0K | 477.1K | 276.4K | 355.0K | |
Net Debt | (3.5M) | (19.5M) | (21.7M) | (9.3M) | (3.1M) | (3.3M) | |
Cash | 4.1M | 20.0M | 21.9M | 9.8M | 3.4M | 6.5M | |
Short Term Debt | 405.0K | 309.9K | 235.0K | 200.7K | 211.3K | 269.6K | |
Accounts Payable | 635.7K | 1.4M | 970.3K | 716.9K | 824.4K | 880.4K | |
Net Tangible Assets | 3.6M | 3.3M | 19.1M | 17.9M | 20.6M | 21.6M | |
Common Stock | 49.2M | 67.1M | 71.2M | 71.7M | 72.1M | 62.3M | |
Property Plant Equipment | 193.3K | 555.1K | 563.7K | 242.9K | 279.3K | 334.0K | |
Capital Lease Obligations | 584.6K | 504.9K | 195.0K | 437.1K | 502.7K | 362.4K | |
Net Invested Capital | 3.3M | 19.1M | 17.9M | 9.3M | 10.7M | 10.3M | |
Net Working Capital | 3.0M | 18.8M | 17.8M | 9.2M | 10.6M | 10.1M | |
Capital Stock | 49.2M | 67.1M | 71.2M | 71.7M | 82.4M | 67.2M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Maple Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Maple Gold's short interest history, or implied volatility extrapolated from Maple Gold options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maple Gold Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Maple Gold's price analysis, check to measure Maple Gold'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 Maple Gold is operating at the current time. Most of Maple Gold's value examination focuses on studying past and present price action to predict the probability of Maple Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maple Gold's price. Additionally, you may evaluate how the addition of Maple Gold to your portfolios can decrease your overall portfolio volatility.
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