Mach Total Current Liabilities vs Total Assets Analysis
MNR Stock | USD 19.11 0.28 1.44% |
Mach Natural financial indicator trend analysis is infinitely more than just investigating Mach Natural Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mach Natural Resources is a good investment. Please check the relationship between Mach Natural Total Current Liabilities and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach Natural Resources. 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.
Total Current Liabilities vs Total Assets
Total Current Liabilities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mach Natural Resources Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mach Natural's Total Current Liabilities and Total Assets is 0.51. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Mach Natural Resources, assuming nothing else is changed. The correlation between historical values of Mach Natural's Total Current Liabilities 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 Total Current Liabilities of Mach Natural Resources 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 Total Current Liabilities i.e., Mach Natural's Total Current Liabilities and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Mach Natural balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mach Natural Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Assets
Total assets refers to the total amount of Mach Natural 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 Mach Natural Resources 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 Mach Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mach Natural Resources 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 Mach Natural Resources. 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, Mach Natural's Selling General Administrative is relatively stable compared to the past year. As of 06/05/2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Issuance Of Capital Stock is likely to drop slightly above 130.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 4.2M | 11.2M | 11.9M | Depreciation And Amortization | 40.7M | 88.6M | 137.6M | 144.5M |
Mach Natural fundamental ratios Correlations
Click cells to compare fundamentals
Mach Natural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mach Natural fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 1.9B | 525.4M | 887.4M | 2.3B | 2.4B | |
Short Long Term Debt Total | 1.0B | 983.3M | 85.8M | 99.7M | 824.5M | 421.4M | |
Total Stockholder Equity | 1.0B | 1.0B | 278.7M | 593.2M | 1.2B | 1.3B | |
Property Plant And Equipment Net | 5.7M | 5.6M | 343.2M | 698.2M | 1.9B | 2.0B | |
Net Debt | 1.0B | 959.8M | 26.5M | 70.3M | 671.7M | 394.3M | |
Cash | 20.2M | 23.5M | 59.3M | 29.4M | 152.8M | 160.4M | |
Non Current Assets Total | 1.7B | 1.8B | 346.9M | 701.2M | 2.0B | 2.1B | |
Non Currrent Assets Other | 1.7B | 1.8B | 3.7M | 3.1M | 7.1M | 6.7M | |
Cash And Short Term Investments | 205.4M | 132.3M | 59.3M | 29.4M | 152.8M | 160.4M | |
Net Receivables | 1.3M | 5.4M | 93.9M | 129.8M | 132.2M | 138.8M | |
Liabilities And Stockholders Equity | 1.9B | 1.9B | 525.4M | 887.4M | 2.3B | 2.4B | |
Non Current Liabilities Total | 857.3M | 898.2M | 117.2M | 141.6M | 837.9M | 879.8M | |
Other Stockholder Equity | 513.2M | 665.8M | 568.9M | 546.3M | 628.3M | 326.2M | |
Total Liab | 860.9M | 902.2M | 246.7M | 294.2M | 1.1B | 1.2B | |
Total Current Assets | 213.5M | 145.3M | 178.5M | 186.2M | 343.6M | 360.8M | |
Common Stock | 964K | 981K | 983K | 593.2M | 682.2M | 716.3M | |
Accumulated Other Comprehensive Income | (3.3M) | (3.4M) | (4.3M) | (2.2M) | (2.6M) | (2.7M) | |
Other Current Liab | 3.6M | 4.0M | 121.9M | 10.1M | 154.8M | 162.6M | |
Total Current Liabilities | 3.6M | 4.0M | 129.4M | 152.6M | 274.9M | 288.7M | |
Short Term Investments | 154.9M | 185.3M | 108.8M | 143.5M | 165.0M | 116.0M | |
Other Current Assets | 6.7M | 7.6M | 20.4M | 2.3M | 27.2M | 28.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Tools for Mach Stock Analysis
When running Mach Natural's price analysis, check to measure Mach Natural'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 Mach Natural is operating at the current time. Most of Mach Natural's value examination focuses on studying past and present price action to predict the probability of Mach Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mach Natural's price. Additionally, you may evaluate how the addition of Mach Natural to your portfolios can decrease your overall portfolio volatility.