Mesa Total Assets vs Cash And Short Term Investments Analysis
| MTR Stock | USD 9.38 0.25 2.74% |
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 Total Assets and its Cash And Short Term Investments 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.
Total Assets vs Cash And Short Term Investments
Total Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Royalty Trust Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mesa Royalty's Total Assets and Cash And Short Term Investments is -0.27. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Assets and Cash And Short Term Investments 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 Assets of Mesa Royalty Trust are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Mesa Royalty's Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Mesa Royalty 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 Mesa Royalty Trust 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Mesa Royalty Trust balance sheet. This account contains Mesa Royalty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mesa Royalty Trust fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 05/20/2024, 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
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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 |
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Try AI Portfolio ArchitectCheck 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. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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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| Fundamental Analysis View fundamental data based on most recent published financial statements |
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 (0.83) | Dividend Share 1.488 | Earnings Share 1.53 | Revenue Per Share 1.46 | Quarterly Revenue Growth (0.78) |
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.