Mountain Total Current Liabilities vs Total Assets Analysis

MTB Stock  CAD 0.04  0.01  12.50%   
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 Liabilities and its Total Assets 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 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 Mountain Boy Minerals Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mountain Boy's Total Current Liabilities and Total Assets is 0.21. 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 Mountain Boy Minerals, assuming nothing else is changed. The correlation between historical values of Mountain Boy'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 Mountain Boy Minerals 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., Mountain Boy's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Mountain Boy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mountain Boy Minerals 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 Mountain Boy 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 Mountain Boy Minerals 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 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
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mountain Boy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mountain Boy's short interest history, or implied volatility extrapolated from Mountain Boy options trading.

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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.