MP Materials Retained Earnings vs Other Current Liab Analysis

MP Stock  USD 17.67  0.35  1.94%   
MP Materials financial indicator trend analysis is infinitely more than just investigating MP Materials Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MP Materials Corp is a good investment. Please check the relationship between MP Materials Retained Earnings and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MP Materials 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 american community survey.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MP Materials Corp Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between MP Materials' Retained Earnings and Other Current Liab is 0.15. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of MP Materials Corp, assuming nothing else is changed. The correlation between historical values of MP Materials' Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of MP Materials Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., MP Materials' Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Liab

Most indicators from MP Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MP Materials 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 MP Materials 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 american community survey.
At this time, MP Materials' Issuance Of Capital Stock is relatively stable compared to the past year. As of 05/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.19, though Tax Provision is likely to grow to (6.4 M).
 2021 2023 2024 (projected)
Depreciation And Amortization5.6M56.6M59.4M
Interest Income8.9M10.2M10.8M

MP Materials fundamental ratios Correlations

0.020.090.190.15-0.43-0.04-0.080.22-0.07-0.070.20.04-0.010.050.110.20.010.160.130.51-0.01-0.040.09-0.040.16
0.020.940.920.910.84-0.840.810.970.92-0.780.930.960.930.950.980.850.510.450.98-0.550.930.910.910.920.91
0.090.940.950.780.77-0.960.850.920.96-0.850.930.980.910.990.980.680.210.680.97-0.70.90.961.00.90.87
0.190.920.950.90.78-0.910.810.890.92-0.831.00.970.90.970.970.820.380.620.96-0.580.890.940.950.90.94
0.150.910.780.90.78-0.70.710.870.79-0.650.930.870.860.840.890.980.730.310.89-0.320.860.810.760.860.93
-0.430.840.770.780.78-0.770.820.690.88-0.710.790.850.850.830.80.690.440.440.78-0.770.860.870.760.880.8
-0.04-0.84-0.96-0.91-0.7-0.77-0.92-0.8-0.970.82-0.88-0.95-0.92-0.96-0.9-0.56-0.04-0.84-0.890.79-0.91-0.98-0.97-0.92-0.87
-0.080.810.850.810.710.82-0.920.730.95-0.720.790.90.970.860.820.570.140.790.81-0.720.960.950.850.970.9
0.220.970.920.890.870.69-0.80.730.85-0.760.90.920.870.910.960.830.480.420.97-0.410.870.840.890.840.86
-0.070.920.960.920.790.88-0.970.950.85-0.820.910.980.970.970.940.670.220.730.93-0.770.971.00.960.970.92
-0.07-0.78-0.85-0.83-0.65-0.710.82-0.72-0.76-0.82-0.81-0.82-0.75-0.85-0.81-0.56-0.12-0.65-0.790.64-0.74-0.82-0.85-0.75-0.75
0.20.930.931.00.930.79-0.880.790.90.91-0.810.960.90.960.970.870.460.570.96-0.530.890.920.920.90.95
0.040.960.980.970.870.85-0.950.90.920.98-0.820.960.970.990.990.770.330.660.98-0.680.960.980.970.960.95
-0.010.930.910.90.860.85-0.920.970.870.97-0.750.90.970.920.930.750.350.660.92-0.631.00.970.91.00.97
0.050.950.990.970.840.83-0.960.860.910.97-0.850.960.990.920.980.740.290.660.97-0.70.920.970.990.920.91
0.110.980.980.970.890.8-0.90.820.960.94-0.810.970.990.930.980.820.410.551.0-0.590.920.940.960.920.92
0.20.850.680.820.980.69-0.560.570.830.67-0.560.870.770.750.740.820.830.150.83-0.160.760.690.650.750.85
0.010.510.210.380.730.44-0.040.140.480.22-0.120.460.330.350.290.410.83-0.410.430.210.360.230.160.350.45
0.160.450.680.620.310.44-0.840.790.420.73-0.650.570.660.660.660.550.15-0.410.53-0.690.650.740.720.670.63
0.130.980.970.960.890.78-0.890.810.970.93-0.790.960.980.920.971.00.830.430.53-0.550.920.930.960.910.91
0.51-0.55-0.7-0.58-0.32-0.770.79-0.72-0.41-0.770.64-0.53-0.68-0.63-0.7-0.59-0.160.21-0.69-0.55-0.63-0.76-0.72-0.66-0.5
-0.010.930.90.890.860.86-0.910.960.870.97-0.740.890.961.00.920.920.760.360.650.92-0.630.960.891.00.97
-0.040.910.960.940.810.87-0.980.950.841.0-0.820.920.980.970.970.940.690.230.740.93-0.760.960.960.980.94
0.090.911.00.950.760.76-0.970.850.890.96-0.850.920.970.90.990.960.650.160.720.96-0.720.890.960.890.86
-0.040.920.90.90.860.88-0.920.970.840.97-0.750.90.961.00.920.920.750.350.670.91-0.661.00.980.890.97
0.160.910.870.940.930.8-0.870.90.860.92-0.750.950.950.970.910.920.850.450.630.91-0.50.970.940.860.97
Click cells to compare fundamentals

MP Materials Account Relationship Matchups

MP Materials fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab5.9M18.3M4.0M(99.5M)79.4M83.4M
Total Current Liabilities31.3M43.1M59.5M97.5M108.6M66.5M
Other Liab73.0M129.6M138.8M144.5M166.2M122.1M
Net Tangible Assets(18.0M)853.9M954.2M1.3B1.5B1.6B
Retained Earnings(40.8M)(62.6M)72.4M361.4M385.7M405.0M
Accounts Payable14.2M16.2M35.7M72.3M28.0M31.9M
Other Assets26.8M11.3M1.1M8.2M7.4M11.7M
Net Receivables370K3.6M51.0M35.1M29.3M21.9M
Inventory23.0M32.3M38.7M57.6M95.2M47.7M
Total Current Assets27.4M561.0M1.3B1.3B1.1B789.8M
Property Plant Equipment47.5M504.1M611.7M935.7M1.1B1.1B

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When determining whether MP Materials Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MP Materials Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mp Materials Corp Stock. Highlighted below are key reports to facilitate an investment decision about Mp Materials Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MP Materials 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 american community survey.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is MP Materials' 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 MP Materials. If investors know MP Materials 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 MP Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(0.14)
Revenue Per Share
1.169
Quarterly Revenue Growth
(0.49)
Return On Assets
(0.02)
The market value of MP Materials Corp is measured differently than its book value, which is the value of MP Materials that is recorded on the company's balance sheet. Investors also form their own opinion of MP Materials' value that differs from its market value or its book value, called intrinsic value, which is MP Materials' 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 MP Materials' market value can be influenced by many factors that don't directly affect MP Materials' 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 MP Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if MP Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MP Materials' 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.