Minerco Accounts Payable vs Short Long Term Debt Analysis
Minerco financial indicator trend analysis is infinitely more than just investigating Minerco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minerco is a good investment. Please check the relationship between Minerco Accounts Payable and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerco. 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. For information on how to trade Minerco Stock refer to our How to Trade Minerco Stock guide.
Accounts Payable vs Short Long Term Debt
Accounts Payable vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerco Accounts Payable account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Minerco's Accounts Payable and Short Long Term Debt is -0.43. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Minerco, assuming nothing else is changed. The correlation between historical values of Minerco's Accounts Payable 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 Accounts Payable of Minerco 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 Accounts Payable i.e., Minerco's Accounts Payable and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.43 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Minerco obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Minerco are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Most indicators from Minerco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minerco 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 Minerco. 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. For information on how to trade Minerco Stock refer to our How to Trade Minerco Stock guide.As of May 20, 2024, Discontinued Operations is expected to decline to about (236.2 K). In addition to that, Selling General Administrative is expected to decline to about 66.8 K
Minerco fundamental ratios Correlations
Click cells to compare fundamentals
Minerco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.When determining whether Minerco is a strong investment it is important to analyze Minerco's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Minerco's future performance. For an informed investment choice regarding Minerco Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerco. 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. For information on how to trade Minerco Stock refer to our How to Trade Minerco Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Minerco Stock analysis
When running Minerco's price analysis, check to measure Minerco'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 Minerco is operating at the current time. Most of Minerco's value examination focuses on studying past and present price action to predict the probability of Minerco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minerco's price. Additionally, you may evaluate how the addition of Minerco to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Minerco'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 Minerco. If investors know Minerco 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 Minerco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.037 | Quarterly Revenue Growth (0.73) | Return On Assets (1.12) |
The market value of Minerco is measured differently than its book value, which is the value of Minerco that is recorded on the company's balance sheet. Investors also form their own opinion of Minerco's value that differs from its market value or its book value, called intrinsic value, which is Minerco'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 Minerco's market value can be influenced by many factors that don't directly affect Minerco'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 Minerco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Minerco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minerco'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.