Mako Non Currrent Assets Other 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 Non Currrent Assets Other 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.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other 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 Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mako Mining's Non Currrent Assets Other and Total Assets is -0.42. Overlapping area represents the amount of variation of Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other i.e., Mako Mining's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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

Other Operating Expenses Depreciation And Amortization

Mako Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Other Current Liab	Common Stock	Other Liab	Net Tangible Assets	Property Plant Equipment	Non Current Liabilities Other	Net Invested Capital
Total Assets		0.5	0.4	0.89	0.79	-0.75	0.31	0.38	0.92	-0.42	0.38	0.15	0.66	0.82	0.56	0.68	0.73	0.36	0.71	0.29	0.86	0.51	-0.17	0.35	-0.71	0.27
Total Current Liabilities	0.5		-0.51	0.19	0.46	-0.76	0.94	0.5	0.21	-0.69	0.5	0.82	0.41	0.57	0.45	0.51	0.86	0.7	0.48	0.8	0.68	0.43	-0.64	-0.05	-0.66	-0.59
Total Stockholder Equity	0.4	-0.51		0.59	0.06	0.16	-0.58	-0.04	0.6	0.51	-0.04	-0.64	0.11	0.01	-0.02	0.2	-0.28	-0.35	0.02	-0.42	0.01	0.21	0.46	0.31	-0.05	0.66
Property Plant And Equipment Net	0.89	0.19	0.59		0.69	-0.5	-0.06	0.27	1.0	-0.19	0.27	-0.14	0.52	0.67	0.29	0.43	0.5	-0.03	0.54	0.16	0.62	0.3	-0.02	0.28	-0.49	0.52
Net Debt	0.79	0.46	0.06	0.69		-0.87	0.29	0.1	0.71	-0.74	0.1	0.08	0.73	0.98	0.79	0.64	0.82	0.46	0.92	0.15	0.91	0.18	-0.15	0.46	-0.58	0.39
Retained Earnings	-0.75	-0.76	0.16	-0.5	-0.87		-0.64	-0.35	-0.53	0.81	-0.35	-0.44	-0.78	-0.93	-0.8	-0.72	-0.96	-0.77	-0.93	-0.42	-0.95	-0.4	0.41	-0.32	0.76	0.05
Accounts Payable	0.31	0.94	-0.58	-0.06	0.29	-0.64		0.37	-0.05	-0.59	0.37	0.87	0.22	0.4	0.48	0.48	0.72	0.77	0.34	0.66	0.54	0.43	-0.59	-0.1	-0.56	-0.73
Cash	0.38	0.5	-0.04	0.27	0.1	-0.35	0.37		0.27	-0.25	1.0	0.45	0.47	0.26	-0.01	0.09	0.44	0.39	0.2	0.56	0.28	0.61	-0.29	-0.1	-0.58	-0.33
Non Current Assets Total	0.92	0.21	0.6	1.0	0.71	-0.53	-0.05	0.27		-0.21	0.27	-0.14	0.56	0.69	0.33	0.48	0.51	0.01	0.58	0.15	0.66	0.32	-0.02	0.32	-0.51	0.53
Non Currrent Assets Other	-0.42	-0.69	0.51	-0.19	-0.74	0.81	-0.59	-0.25	-0.21		-0.25	-0.46	-0.6	-0.78	-0.65	-0.4	-0.84	-0.65	-0.76	-0.38	-0.77	-0.24	0.4	-0.2	0.6	0.11
Cash And Short Term Investments	0.38	0.5	-0.04	0.27	0.1	-0.35	0.37	1.0	0.27	-0.25		0.45	0.47	0.26	-0.01	0.09	0.44	0.39	0.2	0.56	0.28	0.61	-0.29	-0.1	-0.58	-0.33
Net Receivables	0.15	0.82	-0.64	-0.14	0.08	-0.44	0.87	0.45	-0.14	-0.46	0.45		0.13	0.21	0.18	0.04	0.59	0.64	0.15	0.55	0.28	0.41	-0.73	-0.48	-0.44	-0.83
Common Stock Shares Outstanding	0.66	0.41	0.11	0.52	0.73	-0.78	0.22	0.47	0.56	-0.6	0.47	0.13		0.79	0.53	0.5	0.71	0.58	0.84	0.24	0.75	0.38	-0.36	0.23	-0.68	0.19
Non Current Liabilities Total	0.82	0.57	0.01	0.67	0.98	-0.93	0.4	0.26	0.69	-0.78	0.26	0.21	0.79		0.79	0.66	0.9	0.56	0.95	0.25	0.95	0.29	-0.23	0.41	-0.67	0.27
Other Current Assets	0.56	0.45	-0.02	0.29	0.79	-0.8	0.48	-0.01	0.33	-0.65	-0.01	0.18	0.53	0.79		0.76	0.68	0.75	0.82	-0.04	0.8	0.34	-0.07	0.49	-0.57	0.15
Other Stockholder Equity	0.68	0.51	0.2	0.43	0.64	-0.72	0.48	0.09	0.48	-0.4	0.09	0.04	0.5	0.66	0.76		0.59	0.53	0.66	0.31	0.8	0.32	-0.01	0.65	-0.56	0.1
Total Liab	0.73	0.86	-0.28	0.5	0.82	-0.96	0.72	0.44	0.51	-0.84	0.44	0.59	0.71	0.9	0.68	0.59		0.72	0.83	0.55	0.9	0.41	-0.53	0.15	-0.76	-0.17
Total Current Assets	0.36	0.7	-0.35	-0.03	0.46	-0.77	0.77	0.39	0.01	-0.65	0.39	0.64	0.58	0.56	0.75	0.53	0.72		0.66	0.26	0.63	0.54	-0.47	0.07	-0.68	-0.44
Other Assets	0.71	0.48	0.02	0.54	0.92	-0.93	0.34	0.2	0.58	-0.76	0.2	0.15	0.84	0.95	0.82	0.66	0.83	0.66		0.14	0.91	0.29	-0.21	0.46	-0.66	0.25
Other Current Liab	0.29	0.8	-0.42	0.16	0.15	-0.42	0.66	0.56	0.15	-0.38	0.56	0.55	0.24	0.25	-0.04	0.31	0.55	0.26	0.14		0.35	0.2	-0.55	-0.13	-0.43	-0.55
Common Stock	0.86	0.68	0.01	0.62	0.91	-0.95	0.54	0.28	0.66	-0.77	0.28	0.28	0.75	0.95	0.8	0.8	0.9	0.63	0.91	0.35		0.41	-0.26	0.47	-0.74	0.13
Other Liab	0.51	0.43	0.21	0.3	0.18	-0.4	0.43	0.61	0.32	-0.24	0.61	0.41	0.38	0.29	0.34	0.32	0.41	0.54	0.29	0.2	0.41		-0.34	-0.1	-0.74	-0.26
Net Tangible Assets	-0.17	-0.64	0.46	-0.02	-0.15	0.41	-0.59	-0.29	-0.02	0.4	-0.29	-0.73	-0.36	-0.23	-0.07	-0.01	-0.53	-0.47	-0.21	-0.55	-0.26	-0.34		0.68	0.5	0.6
Property Plant Equipment	0.35	-0.05	0.31	0.28	0.46	-0.32	-0.1	-0.1	0.32	-0.2	-0.1	-0.48	0.23	0.41	0.49	0.65	0.15	0.07	0.46	-0.13	0.47	-0.1	0.68		-0.04	0.54
Non Current Liabilities Other	-0.71	-0.66	-0.05	-0.49	-0.58	0.76	-0.56	-0.58	-0.51	0.6	-0.58	-0.44	-0.68	-0.67	-0.57	-0.56	-0.76	-0.68	-0.66	-0.43	-0.74	-0.74	0.5	-0.04		0.16
Net Invested Capital	0.27	-0.59	0.66	0.52	0.39	0.05	-0.73	-0.33	0.53	0.11	-0.33	-0.83	0.19	0.27	0.15	0.1	-0.17	-0.44	0.25	-0.55	0.13	-0.26	0.6	0.54	0.16

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Mako Mining Account Relationship Matchups

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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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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Mako Non Currrent Assets Other vs Total Assets Analysis

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Total Assets

Mako Mining fundamental ratios Correlations

Mako Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Complementary Tools for Mako Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.98	Net Debt
Other Assets	+ 0.95	Non Current Liabilities Total
Common Stock	+ 0.95	Non Current Liabilities Total
Accounts Payable	+ 0.94	Total Current Liabilities

Total Liab	- 0.96	Retained Earnings
Common Stock	- 0.95	Retained Earnings
Other Assets	- 0.93	Retained Earnings
Non Current Liabilities Total	- 0.93	Retained Earnings
Retained Earnings	- 0.87	Net Debt
Total Liab	- 0.84	Non Currrent Assets Other