Mesa Accounts Payable vs Net Receivables Analysis
| MTR Stock | USD 9.11 0.19 2.04% |
Mesa Royalty financial indicator trend analysis is infinitely more than just investigating Mesa Royalty Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mesa Royalty Trust is a good investment. Please check the relationship between Mesa Royalty Accounts Payable and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Royalty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Accounts Payable vs Net Receivables
Accounts Payable vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Royalty Trust Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Mesa Royalty's Accounts Payable and Net Receivables is 0.36. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Mesa Royalty Trust, assuming nothing else is changed. The correlation between historical values of Mesa Royalty's Accounts Payable and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Mesa Royalty Trust are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Mesa Royalty's Accounts Payable and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Mesa Royalty obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mesa Royalty Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Receivables
Most indicators from Mesa Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mesa Royalty Trust 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 Mesa Royalty Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. As of 04/30/2024, Enterprise Value is likely to grow to about 49.5 M, while Selling General Administrative is likely to drop slightly above 177.5 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 908.2K | 4.0M | 3.2M | 4.7M | Total Revenue | 908.2K | 4.1M | 3.4M | 4.7M |
Mesa Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Mesa Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mesa Royalty fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.8M | 2.6M | 2.7M | 3.7M | 3.4M | 3.2M | |
| Total Stockholder Equity | 2.6M | 2.6M | 2.5M | 2.7M | 3.0M | 2.9M | |
| Liabilities And Stockholders Equity | 2.8M | 2.6M | 2.7M | 3.7M | 3.4M | 3.2M | |
| Other Stockholder Equity | 43.5M | 43.5M | 2.6M | 2.5M | 2.2M | 2.1M | |
| Other Current Liab | 566.5K | 255.8K | 242.0K | 1.1M | 366.6K | 348.2K | |
| Total Current Liabilities | 255.8K | 0.0 | 242.0K | 1.1M | 366.6K | 348.2K | |
| Property Plant And Equipment Net | 1.6M | 1.5M | 1.5M | 1.4M | 1.3M | 1.2M | |
| Net Debt | (977.2K) | (1.1M) | (1.3B) | (2.4K) | (2.1B) | (2.0B) | |
| Cash | 977.2K | 1.1M | 1.3B | 2.4K | 2.1B | 2.2B | |
| Non Current Assets Total | 1.6M | 1.5M | 1.5M | 1.4M | 1.3M | 1.2M | |
| Non Currrent Assets Other | (1.6M) | (1.5M) | (1.5M) | (1.4M) | (1.3M) | (1.2M) | |
| Cash And Short Term Investments | 1.2M | 1.1M | 1.3M | 2.4M | 2.1M | 1.6M | |
| Total Liab | 255.8K | 2.6M | 242.0K | 1.1M | 366.6K | 348.2K | |
| Property Plant And Equipment Gross | 1.8M | 1.6M | 42.5M | 41.0M | 48.9M | 51.3M | |
| Total Current Assets | 1.2M | 1.1M | 1.3M | 2.4M | 2.1M | 1.6M | |
| Common Stock | 2.6M | 2.6M | 2.5M | 2.7M | 3.0M | 2.9M | |
| Other Current Assets | (1.2M) | (1.1M) | 1.0M | (2.4K) | 1.7M | 1.8M | |
| Net Tangible Assets | 2.6M | 2.6M | 2.5M | 2.7M | 2.4M | 2.4M | |
| Property Plant Equipment | 1.8M | 1.6M | 1.5M | 1.5M | 1.3M | 1.7M | |
| Cash And Equivalents | 1.6M | 1.2M | 1.1M | 1.3M | 1.1M | 1.1M | |
| Short Term Investments | 4.0 | 255.8K | (1.3B) | 2.4K | (2.1B) | (2.0B) | |
| Net Working Capital | 977.2K | 1.1M | 1.0M | 1.3M | 1.7M | 1.3M |
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 Mesa Royalty 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, Mesa Royalty's short interest history, or implied volatility extrapolated from Mesa Royalty options trading.
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When running Mesa Royalty's price analysis, check to measure Mesa Royalty'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 Mesa Royalty is operating at the current time. Most of Mesa Royalty's value examination focuses on studying past and present price action to predict the probability of Mesa Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Royalty's price. Additionally, you may evaluate how the addition of Mesa Royalty to your portfolios can decrease your overall portfolio volatility.
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Is Mesa Royalty's 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 Mesa Royalty. If investors know Mesa 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 Mesa Royalty 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 (0.77) | Dividend Share 1.488 | Earnings Share 1.53 | Revenue Per Share 1.821 | Quarterly Revenue Growth (0.71) |
The market value of Mesa Royalty Trust is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Royalty's value that differs from its market value or its book value, called intrinsic value, which is Mesa Royalty's 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 Mesa Royalty's market value can be influenced by many factors that don't directly affect Mesa Royalty's 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 Mesa Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Royalty'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.