Mountain Total Current Assets vs Other Liab Analysis

MTB Stock  CAD 0.04  0.01  14.29%   
Mountain Boy financial indicator trend analysis is infinitely more than just investigating Mountain Boy Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mountain Boy Minerals is a good investment. Please check the relationship between Mountain Boy Total Current Assets and its Other Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mountain Boy Minerals. 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 Assets vs Other Liab

Total Current Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mountain Boy Minerals Total Current Assets account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mountain Boy's Total Current Assets and Other Liab is 0.62. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Mountain Boy Minerals, assuming nothing else is changed. The correlation between historical values of Mountain Boy's Total Current Assets and Other 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 Total Current Assets of Mountain Boy Minerals are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Assets i.e., Mountain Boy's Total Current Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Liab

Most indicators from Mountain Boy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mountain Boy Minerals 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 Mountain Boy Minerals. 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, Mountain Boy's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 9.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 713.4 K in 2024.

Mountain Boy fundamental ratios Correlations

-0.010.210.990.98-0.21-0.840.550.250.98-0.350.210.720.9-0.20.560.26-0.310.72-0.680.280.420.750.560.770.73
-0.010.9-0.08-0.15-0.2-0.10.010.19-0.15-0.350.720.05-0.16-0.130.520.710.470.28-0.12-0.290.57-0.06-0.22-0.08-0.21
0.210.90.130.04-0.45-0.280.390.450.04-0.320.830.280.05-0.170.620.840.40.4-0.24-0.190.660.11-0.130.1-0.06
0.99-0.080.130.99-0.19-0.810.540.220.99-0.370.160.740.93-0.240.480.21-0.380.65-0.620.360.360.790.620.810.77
0.98-0.150.040.99-0.08-0.810.470.121.0-0.270.020.690.91-0.10.480.07-0.340.67-0.670.310.310.720.560.750.74
-0.21-0.2-0.45-0.19-0.080.22-0.76-1.0-0.080.26-0.68-0.27-0.040.31-0.31-0.680.17-0.220.10.01-0.39-0.29-0.15-0.23-0.13
-0.84-0.1-0.28-0.81-0.810.22-0.49-0.24-0.810.31-0.25-0.53-0.720.14-0.7-0.280.03-0.740.81-0.04-0.39-0.66-0.33-0.68-0.62
0.550.010.390.540.47-0.76-0.490.770.47-0.280.440.690.51-0.30.410.48-0.290.4-0.250.340.410.620.480.640.53
0.250.190.450.220.12-1.0-0.240.770.12-0.280.670.310.08-0.310.310.68-0.190.23-0.110.010.420.30.160.240.14
0.98-0.150.040.991.0-0.08-0.810.470.12-0.270.020.690.92-0.10.470.07-0.340.67-0.670.310.310.720.560.750.74
-0.35-0.35-0.32-0.37-0.270.260.31-0.28-0.28-0.27-0.41-0.61-0.480.8-0.02-0.440.35-0.01-0.18-0.54-0.52-0.61-0.52-0.61-0.54
0.210.720.830.160.02-0.68-0.250.440.670.02-0.410.20.02-0.490.511.00.090.32-0.16-0.150.60.220.010.15-0.02
0.720.050.280.740.69-0.27-0.530.690.310.69-0.610.20.86-0.420.180.26-0.40.28-0.120.650.460.730.630.790.7
0.9-0.160.050.930.91-0.04-0.720.510.080.92-0.480.020.86-0.340.240.08-0.420.43-0.380.590.370.790.660.850.81
-0.2-0.13-0.17-0.24-0.10.310.14-0.3-0.31-0.10.8-0.49-0.42-0.340.13-0.510.520.15-0.33-0.59-0.3-0.6-0.56-0.56-0.48
0.560.520.620.480.48-0.31-0.70.410.310.47-0.020.510.180.240.130.520.280.93-0.84-0.390.520.280.020.30.19
0.260.710.840.210.07-0.68-0.280.480.680.07-0.441.00.260.08-0.510.520.060.34-0.17-0.10.620.280.070.220.05
-0.310.470.4-0.38-0.340.170.03-0.29-0.19-0.340.350.09-0.4-0.420.520.280.060.08-0.2-0.580.04-0.47-0.76-0.46-0.48
0.720.280.40.650.67-0.22-0.740.40.230.67-0.010.320.280.430.150.930.340.08-0.88-0.280.540.330.130.380.29
-0.68-0.12-0.24-0.62-0.670.10.81-0.25-0.11-0.67-0.18-0.16-0.12-0.38-0.33-0.84-0.17-0.2-0.880.44-0.24-0.240.02-0.26-0.23
0.28-0.29-0.190.360.310.01-0.040.340.010.31-0.54-0.150.650.59-0.59-0.39-0.1-0.58-0.280.440.040.670.780.690.72
0.420.570.660.360.31-0.39-0.390.410.420.31-0.520.60.460.37-0.30.520.620.040.54-0.240.040.230.060.310.13
0.75-0.060.110.790.72-0.29-0.660.620.30.72-0.610.220.730.79-0.60.280.28-0.470.33-0.240.670.230.870.980.97
0.56-0.22-0.130.620.56-0.15-0.330.480.160.56-0.520.010.630.66-0.560.020.07-0.760.130.020.780.060.870.850.88
0.77-0.080.10.810.75-0.23-0.680.640.240.75-0.610.150.790.85-0.560.30.22-0.460.38-0.260.690.310.980.850.97
0.73-0.21-0.060.770.74-0.13-0.620.530.140.74-0.54-0.020.70.81-0.480.190.05-0.480.29-0.230.720.130.970.880.97
Click cells to compare fundamentals

Mountain Boy Account Relationship Matchups

Mountain Boy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.1M20.4M22.4M24.7M28.4M29.8M
Other Current Liab399.1K24.3K34.4K31.5K36.3K34.5K
Total Current Liabilities915.9K163.5K151.0K357.9K411.6K393.5K
Total Stockholder Equity17.0M17.7M19.5M21.3M24.5M25.7M
Property Plant And Equipment Net16.9M19.3M21.6M23.9M27.4M28.8M
Net Debt(3.3M)(191.6K)(306.6K)(202.4K)(182.1K)(191.2K)
Retained Earnings(17.4M)(16.9M)(18.5M)(21.2M)(19.0M)(18.1M)
Accounts Payable516.8K139.3K116.5K326.3K375.3K206.5K
Cash3.3M191.6K306.6K202.4K232.7K403.5K
Non Current Assets Total17.0M19.4M21.8M24.1M27.7M29.1M
Non Currrent Assets Other156.0K166.3K194.8K211.6K243.3K231.2K
Cash And Short Term Investments4.0M908.8K526.2K324.9K373.6K716.3K
Net Receivables87.4K45.4K30.1K140.0K126.0K132.3K
Common Stock Shares Outstanding41.8M54.0M67.0M99.9M114.9M120.6M
Liabilities And Stockholders Equity21.1M20.4M22.4M24.7M28.4M29.8M
Other Stockholder Equity4.8M4.9M5.4M6.2M7.2M12.9M
Total Liab4.1M2.7M2.9M3.4M3.9M2.6M
Total Current Assets4.1M986.1K673.5K600.0K690.0K807.3K
Short Term Investments696.4K717.2K219.6K122.5K140.9K133.9K
Non Current Liabilities Total3.2M2.6M2.8M3.0M3.5M3.0M
Other Current Assets38.0K31.9K117.2K135.1K155.3K87.9K
Other Liab3.1M3.2M2.6M2.8M3.2M3.2M
Net Tangible Assets11.8M17.0M17.7M19.5M22.5M14.7M
Other Assets121.0K156.0K166.3K194.8K224.0K144.8K
Common Stock29.6M29.7M32.6M36.2M41.7M28.3M
Property Plant Equipment14.3M16.9M19.3M21.6M24.8M17.0M
Net Invested Capital17.0M17.7M19.5M21.3M24.5M17.6M
Net Working Capital3.2M822.6K522.5K242.1K217.9K207.0K
Capital Stock29.6M29.7M32.6M36.2M41.7M32.4M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mountain Boy Minerals. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Please note, there is a significant difference between Mountain Boy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mountain Boy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mountain Boy'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.