Mako Net Invested Capital vs Total Assets Analysis
MKO Stock | CAD 3.62 0.03 0.84% |
Mako Mining financial indicator trend analysis is infinitely more than just investigating Mako Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mako Mining Corp is a good investment. Please check the relationship between Mako Mining Net Invested Capital and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako Mining Corp. 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 Invested Capital vs Total Assets
Net Invested Capital vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mako Mining Corp Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mako Mining's Net Invested Capital and Total Assets is 0.27. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Mako Mining Corp, assuming nothing else is changed. The correlation between historical values of Mako Mining's Net Invested Capital 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 Invested Capital of Mako Mining Corp 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 Invested Capital i.e., Mako Mining's Net Invested Capital and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Assets
Total assets refers to the total amount of Mako 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 Mako Mining Corp 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 Mako Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mako Mining Corp 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 Mako Mining Corp. 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. At this time, Mako Mining's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 2.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.1 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 31.7M | 68.9M | 53.6M | 56.3M | Depreciation And Amortization | 5.6M | 20.5M | 13.5M | 14.2M |
Mako Mining fundamental ratios Correlations
Click cells to compare fundamentals
Mako Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako Mining Corp. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Mako Mining's price analysis, check to measure Mako 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 Mako Mining is operating at the current time. Most of Mako Mining's value examination focuses on studying past and present price action to predict the probability of Mako 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 Mako Mining's price. Additionally, you may evaluate how the addition of Mako Mining to your portfolios can decrease your overall portfolio volatility.
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