Minerals Cash vs Common Stock Shares Outstanding Analysis

MTX Stock

USD 86.75 0.83 0.97%

Minerals Technologies financial indicator trend analysis is infinitely more than just investigating Minerals Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minerals Technologies is a good investment. Please check the relationship between Minerals Technologies Cash and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. 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.

For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerals Technologies Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Minerals Technologies' Cash and Common Stock Shares Outstanding is -0.52. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Minerals Technologies, assuming nothing else is changed. The correlation between historical values of Minerals Technologies' Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Minerals Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Minerals Technologies' Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Minerals Technologies, which is listed under current asset account on Minerals Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Minerals Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Minerals Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Minerals Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minerals Technologies 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 Minerals Technologies. 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.

For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.At this time, Minerals Technologies' Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 27.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 124.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	446.5M	465M	2.2B	2.3B
Total Revenue	1.9B	2.1B	2.2B	1.2B

Gross Profit Total Revenue

Minerals Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.86	0.84	0.86	0.84	0.96	0.81	0.69	0.95	-0.08	0.99	0.74	-0.1	0.98	-0.59	0.92	0.77	0.56	-0.59	0.95	0.53	0.81	-0.11	0.87	0.57	0.49
Short Long Term Debt Total	0.86		0.74	0.67	0.54	0.94	0.98	0.62	0.73	-0.38	0.9	0.59	-0.4	0.83	-0.49	0.92	0.78	0.59	-0.48	0.92	0.73	0.49	-0.06	0.72	0.33	0.54
Other Current Liab	0.84	0.74		0.72	0.67	0.78	0.66	0.55	0.82	0.11	0.8	0.82	0.09	0.85	-0.57	0.8	0.64	0.67	-0.58	0.82	0.42	0.78	-0.19	0.6	0.44	0.58
Total Current Liabilities	0.86	0.67	0.72		0.83	0.78	0.65	0.67	0.87	-0.13	0.84	0.58	-0.14	0.83	-0.45	0.68	0.77	0.48	-0.54	0.75	0.48	0.73	0.34	0.62	0.54	0.41
Total Stockholder Equity	0.84	0.54	0.67	0.83		0.7	0.45	0.85	0.88	0.2	0.77	0.61	0.19	0.83	-0.68	0.57	0.79	0.58	-0.73	0.63	0.49	0.89	0.11	0.74	0.76	0.48
Property Plant And Equipment Net	0.96	0.94	0.78	0.78	0.7		0.92	0.6	0.86	-0.3	0.99	0.67	-0.32	0.94	-0.46	0.97	0.73	0.53	-0.44	0.98	0.58	0.63	-0.1	0.86	0.44	0.42
Net Debt	0.81	0.98	0.66	0.65	0.45	0.92		0.51	0.66	-0.56	0.88	0.51	-0.57	0.77	-0.31	0.9	0.72	0.49	-0.3	0.9	0.68	0.35	0.02	0.68	0.22	0.43
Retained Earnings	0.69	0.62	0.55	0.67	0.85	0.6	0.51		0.69	0.08	0.64	0.49	0.06	0.67	-0.77	0.45	0.95	0.71	-0.84	0.5	0.78	0.69	0.26	0.6	0.66	0.67
Accounts Payable	0.95	0.73	0.82	0.87	0.88	0.86	0.66	0.69		0.1	0.9	0.71	0.08	0.96	-0.69	0.81	0.73	0.56	-0.69	0.85	0.45	0.89	-0.11	0.79	0.6	0.48
Cash	-0.08	-0.38	0.11	-0.13	0.2	-0.3	-0.56	0.08	0.1		-0.24	0.15	1.0	0.0	-0.52	-0.24	-0.18	0.06	-0.48	-0.23	-0.27	0.5	-0.4	-0.09	0.33	0.13
Non Current Assets Total	0.99	0.9	0.8	0.84	0.77	0.99	0.88	0.64	0.9	-0.24		0.7	-0.26	0.96	-0.49	0.95	0.76	0.53	-0.49	0.97	0.55	0.7	-0.07	0.87	0.48	0.45
Non Currrent Assets Other	0.74	0.59	0.82	0.58	0.61	0.67	0.51	0.49	0.71	0.15	0.7		0.13	0.73	-0.5	0.69	0.53	0.67	-0.48	0.7	0.2	0.69	-0.2	0.58	0.28	0.52
Cash And Short Term Investments	-0.1	-0.4	0.09	-0.14	0.19	-0.32	-0.57	0.06	0.08	1.0	-0.26	0.13		-0.02	-0.5	-0.26	-0.19	0.04	-0.47	-0.26	-0.28	0.48	-0.39	-0.11	0.32	0.12
Net Receivables	0.98	0.83	0.85	0.83	0.83	0.94	0.77	0.67	0.96	0.0	0.96	0.73	-0.02		-0.65	0.91	0.73	0.55	-0.63	0.93	0.51	0.84	-0.17	0.82	0.63	0.46
Common Stock Shares Outstanding	-0.59	-0.49	-0.57	-0.45	-0.68	-0.46	-0.31	-0.77	-0.69	-0.52	-0.49	-0.5	-0.5	-0.65		-0.44	-0.65	-0.55	0.97	-0.46	-0.53	-0.81	0.22	-0.51	-0.66	-0.6
Non Current Liabilities Total	0.92	0.92	0.8	0.68	0.57	0.97	0.9	0.45	0.81	-0.24	0.95	0.69	-0.26	0.91	-0.44		0.6	0.45	-0.39	0.99	0.46	0.6	-0.29	0.81	0.33	0.42
Inventory	0.77	0.78	0.64	0.77	0.79	0.73	0.72	0.95	0.73	-0.18	0.76	0.53	-0.19	0.73	-0.65	0.6		0.72	-0.73	0.64	0.84	0.62	0.33	0.6	0.56	0.68
Other Current Assets	0.56	0.59	0.67	0.48	0.58	0.53	0.49	0.71	0.56	0.06	0.53	0.67	0.04	0.55	-0.55	0.45	0.72		-0.58	0.47	0.69	0.54	0.11	0.4	0.31	0.62
Other Stockholder Equity	-0.59	-0.48	-0.58	-0.54	-0.73	-0.44	-0.3	-0.84	-0.69	-0.48	-0.49	-0.48	-0.47	-0.63	0.97	-0.39	-0.73	-0.58		-0.43	-0.58	-0.83	0.06	-0.45	-0.66	-0.68
Total Liab	0.95	0.92	0.82	0.75	0.63	0.98	0.9	0.5	0.85	-0.23	0.97	0.7	-0.26	0.93	-0.46	0.99	0.64	0.47	-0.43		0.48	0.64	-0.21	0.82	0.38	0.43
Property Plant And Equipment Gross	0.53	0.73	0.42	0.48	0.49	0.58	0.68	0.78	0.45	-0.27	0.55	0.2	-0.28	0.51	-0.53	0.46	0.84	0.69	-0.58	0.48		0.34	0.28	0.42	0.44	0.62
Total Current Assets	0.81	0.49	0.78	0.73	0.89	0.63	0.35	0.69	0.89	0.5	0.7	0.69	0.48	0.84	-0.81	0.6	0.62	0.54	-0.83	0.64	0.34		-0.2	0.64	0.73	0.52
Short Term Debt	-0.11	-0.06	-0.19	0.34	0.11	-0.1	0.02	0.26	-0.11	-0.4	-0.07	-0.2	-0.39	-0.17	0.22	-0.29	0.33	0.11	0.06	-0.21	0.28	-0.2		-0.23	0.03	-0.06
Other Liab	0.87	0.72	0.6	0.62	0.74	0.86	0.68	0.6	0.79	-0.09	0.87	0.58	-0.11	0.82	-0.51	0.81	0.6	0.4	-0.45	0.82	0.42	0.64	-0.23		0.48	0.34
Net Tangible Assets	0.57	0.33	0.44	0.54	0.76	0.44	0.22	0.66	0.6	0.33	0.48	0.28	0.32	0.63	-0.66	0.33	0.56	0.31	-0.66	0.38	0.44	0.73	0.03	0.48		0.29
Other Assets	0.49	0.54	0.58	0.41	0.48	0.42	0.43	0.67	0.48	0.13	0.45	0.52	0.12	0.46	-0.6	0.42	0.68	0.62	-0.68	0.43	0.62	0.52	-0.06	0.34	0.29

Click cells to compare fundamentals

Minerals Technologies Account Relationship Matchups

Minerals Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.2B	3.4B	3.4B	3.3B	1.7B
Short Long Term Debt Total	927.6M	934.2M	1.0B	1.1B	1.1B	1.1B
Other Current Liab	102.7M	131.8M	145.9M	142.9M	137.7M	79.9M
Total Current Liabilities	398.5M	295.2M	419.8M	498.3M	457.3M	232.2M
Total Stockholder Equity	1.4B	1.5B	1.5B	1.6B	1.7B	886.4M
Property Plant And Equipment Net	1.1B	1.0B	1.0B	1.1B	1.0B	709.0M
Net Debt	686M	566.5M	717.5M	815.1M	748.7M	786.1M
Retained Earnings	1.9B	2.0B	2.2B	2.3B	2.4B	2.5B
Accounts Payable	163.4M	148.3M	196.1M	193.8M	188.7M	97.1M
Cash	241.6M	367.7M	299.5M	247.2M	317.2M	183.3M
Non Current Assets Total	2.2B	2.2B	2.3B	2.3B	2.2B	1.1B
Non Currrent Assets Other	130.2M	131.9M	137.5M	97.1M	56.1M	58.9M
Cash And Short Term Investments	243.2M	371.8M	304.4M	252.8M	321.5M	188.1M
Net Receivables	376.2M	369M	367.8M	404M	399.1M	233.4M
Common Stock Shares Outstanding	35.1M	34.2M	33.8M	32.8M	32.6M	31.9M
Liabilities And Stockholders Equity	3.1B	3.2B	3.4B	3.4B	3.3B	1.7B
Non Current Liabilities Total	1.3B	1.4B	1.4B	1.3B	1.2B	612.4M
Inventory	253.3M	248.2M	298.3M	348.8M	325.4M	341.7M
Other Current Assets	46.5M	44.6M	58.6M	21.6M	53M	55.7M
Other Stockholder Equity	(217.5M)	(247.1M)	(300.9M)	(343.6M)	(344.1M)	(326.9M)
Total Liab	1.7B	1.7B	1.8B	1.8B	1.7B	844.6M
Property Plant And Equipment Gross	1.1B	1.0B	1.0B	1.1B	2.2B	2.3B
Total Current Assets	919.2M	1.0B	1.0B	1.1B	1.1B	597.7M
Accumulated Other Comprehensive Income	(290.4M)	(308.3M)	(333.6M)	(366.5M)	(369.4M)	(350.9M)
Short Term Debt	103.3M	1M	80.8M	134.2M	116.9M	122.7M
Other Liab	405.6M	482.3M	438.7M	313.8M	360.9M	201.3M
Net Tangible Assets	1.2B	1.3B	380.8M	1.3B	1.5B	797.2M
Other Assets	85M	134M	137.5M	121.5M	139.7M	146.7M
Long Term Debt	824.3M	933.2M	936.2M	928.1M	911.1M	462.7M
Deferred Long Term Liab	180.6M	163.7M	188.1M	180.4M	207.5M	147.3M
Short Long Term Debt	103.3M	1M	80.8M	134.2M	103.4M	108.6M
Intangible Assets	203M	195.8M	252.6M	241.9M	231M	118.4M
Property Plant Equipment	1.1B	1.0B	1.0B	1.1B	1.2B	690.8M
Good Will	807.4M	808.5M	905.9M	914.8M	913.6M	867.9M
Treasury Stock	(659.7M)	(700.4M)	(775.1M)	(831.1M)	(748.0M)	(785.4M)
Short Term Investments	1.6M	4.1M	4.9M	5.6M	4.3M	5.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
BAC	Bank of America
GM	General Motors

When determining whether Minerals Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Minerals Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Minerals Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Minerals Technologies Stock:

How To Invest In Minerals

Details

Is Minerals Stock a good investment?

Details

What is Minerals Technologies' Net Worth?

Details

Largest Specialty Chemicals Companies

View

Largest Basic Materials Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minerals Technologies. 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.

For more information on how to buy Minerals Stock please use our How to Invest in Minerals Technologies guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Minerals Stock analysis

When running Minerals Technologies' price analysis, check to measure Minerals Technologies' 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 Minerals Technologies is operating at the current time. Most of Minerals Technologies' value examination focuses on studying past and present price action to predict the probability of Minerals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minerals Technologies' price. Additionally, you may evaluate how the addition of Minerals Technologies to your portfolios can decrease your overall portfolio volatility.

	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.

Is Minerals Technologies' 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 Minerals Technologies. If investors know Minerals 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 Minerals Technologies 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

0.265

Dividend Share

0.3

Earnings Share

2.88

Revenue Per Share

66.512

Quarterly Revenue Growth

(0.02)

The market value of Minerals Technologies is measured differently than its book value, which is the value of Minerals that is recorded on the company's balance sheet. Investors also form their own opinion of Minerals Technologies' value that differs from its market value or its book value, called intrinsic value, which is Minerals Technologies' 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 Minerals Technologies' market value can be influenced by many factors that don't directly affect Minerals Technologies' 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 Minerals Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Minerals Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minerals Technologies' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Minerals Cash vs Common Stock Shares Outstanding Analysis

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Cash

Common Stock Shares Outstanding

Minerals Technologies fundamental ratios Correlations

Minerals Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Minerals Technologies fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Minerals Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Net Receivables	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.84	Retained Earnings
Total Current Assets	- 0.83	Other Stockholder Equity
Total Current Assets	- 0.81	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.77	Retained Earnings
Other Stockholder Equity	- 0.73	Inventory
Other Stockholder Equity	- 0.73	Total Stockholder Equity