Minerals Common Stock Shares Outstanding vs Other Stockholder Equity 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 Common Stock Shares Outstanding and its Other Stockholder Equity 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.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerals Technologies Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Minerals Technologies' Common Stock Shares Outstanding and Other Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity 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' Common Stock Shares Outstanding and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Minerals Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Minerals Technologies' Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

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

Other Stockholder Equity

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 Profit446.5M465M2.2B2.3B
Total Revenue1.9B2.1B2.2B1.2B

Minerals Technologies fundamental ratios Correlations

0.860.840.860.840.960.810.690.95-0.080.990.74-0.10.98-0.590.920.770.56-0.590.950.530.81-0.110.870.570.49
0.860.740.670.540.940.980.620.73-0.380.90.59-0.40.83-0.490.920.780.59-0.480.920.730.49-0.060.720.330.54
0.840.740.720.670.780.660.550.820.110.80.820.090.85-0.570.80.640.67-0.580.820.420.78-0.190.60.440.58
0.860.670.720.830.780.650.670.87-0.130.840.58-0.140.83-0.450.680.770.48-0.540.750.480.730.340.620.540.41
0.840.540.670.830.70.450.850.880.20.770.610.190.83-0.680.570.790.58-0.730.630.490.890.110.740.760.48
0.960.940.780.780.70.920.60.86-0.30.990.67-0.320.94-0.460.970.730.53-0.440.980.580.63-0.10.860.440.42
0.810.980.660.650.450.920.510.66-0.560.880.51-0.570.77-0.310.90.720.49-0.30.90.680.350.020.680.220.43
0.690.620.550.670.850.60.510.690.080.640.490.060.67-0.770.450.950.71-0.840.50.780.690.260.60.660.67
0.950.730.820.870.880.860.660.690.10.90.710.080.96-0.690.810.730.56-0.690.850.450.89-0.110.790.60.48
-0.08-0.380.11-0.130.2-0.3-0.560.080.1-0.240.151.00.0-0.52-0.24-0.180.06-0.48-0.23-0.270.5-0.4-0.090.330.13
0.990.90.80.840.770.990.880.640.9-0.240.7-0.260.96-0.490.950.760.53-0.490.970.550.7-0.070.870.480.45
0.740.590.820.580.610.670.510.490.710.150.70.130.73-0.50.690.530.67-0.480.70.20.69-0.20.580.280.52
-0.1-0.40.09-0.140.19-0.32-0.570.060.081.0-0.260.13-0.02-0.5-0.26-0.190.04-0.47-0.26-0.280.48-0.39-0.110.320.12
0.980.830.850.830.830.940.770.670.960.00.960.73-0.02-0.650.910.730.55-0.630.930.510.84-0.170.820.630.46
-0.59-0.49-0.57-0.45-0.68-0.46-0.31-0.77-0.69-0.52-0.49-0.5-0.5-0.65-0.44-0.65-0.550.97-0.46-0.53-0.810.22-0.51-0.66-0.6
0.920.920.80.680.570.970.90.450.81-0.240.950.69-0.260.91-0.440.60.45-0.390.990.460.6-0.290.810.330.42
0.770.780.640.770.790.730.720.950.73-0.180.760.53-0.190.73-0.650.60.72-0.730.640.840.620.330.60.560.68
0.560.590.670.480.580.530.490.710.560.060.530.670.040.55-0.550.450.72-0.580.470.690.540.110.40.310.62
-0.59-0.48-0.58-0.54-0.73-0.44-0.3-0.84-0.69-0.48-0.49-0.48-0.47-0.630.97-0.39-0.73-0.58-0.43-0.58-0.830.06-0.45-0.66-0.68
0.950.920.820.750.630.980.90.50.85-0.230.970.7-0.260.93-0.460.990.640.47-0.430.480.64-0.210.820.380.43
0.530.730.420.480.490.580.680.780.45-0.270.550.2-0.280.51-0.530.460.840.69-0.580.480.340.280.420.440.62
0.810.490.780.730.890.630.350.690.890.50.70.690.480.84-0.810.60.620.54-0.830.640.34-0.20.640.730.52
-0.11-0.06-0.190.340.11-0.10.020.26-0.11-0.4-0.07-0.2-0.39-0.170.22-0.290.330.110.06-0.210.28-0.2-0.230.03-0.06
0.870.720.60.620.740.860.680.60.79-0.090.870.58-0.110.82-0.510.810.60.4-0.450.820.420.64-0.230.480.34
0.570.330.440.540.760.440.220.660.60.330.480.280.320.63-0.660.330.560.31-0.660.380.440.730.030.480.29
0.490.540.580.410.480.420.430.670.480.130.450.520.120.46-0.60.420.680.62-0.680.430.620.52-0.060.340.29
Click cells to compare fundamentals

Minerals Technologies Account Relationship Matchups

Minerals Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.2B3.4B3.4B3.3B1.7B
Short Long Term Debt Total927.6M934.2M1.0B1.1B1.1B1.1B
Other Current Liab102.7M131.8M145.9M142.9M137.7M79.9M
Total Current Liabilities398.5M295.2M419.8M498.3M457.3M232.2M
Total Stockholder Equity1.4B1.5B1.5B1.6B1.7B886.4M
Property Plant And Equipment Net1.1B1.0B1.0B1.1B1.0B709.0M
Net Debt686M566.5M717.5M815.1M748.7M786.1M
Retained Earnings1.9B2.0B2.2B2.3B2.4B2.5B
Accounts Payable163.4M148.3M196.1M193.8M188.7M97.1M
Cash241.6M367.7M299.5M247.2M317.2M183.3M
Non Current Assets Total2.2B2.2B2.3B2.3B2.2B1.1B
Non Currrent Assets Other130.2M131.9M137.5M97.1M56.1M58.9M
Cash And Short Term Investments243.2M371.8M304.4M252.8M321.5M188.1M
Net Receivables376.2M369M367.8M404M399.1M233.4M
Common Stock Shares Outstanding35.1M34.2M33.8M32.8M32.6M31.9M
Liabilities And Stockholders Equity3.1B3.2B3.4B3.4B3.3B1.7B
Non Current Liabilities Total1.3B1.4B1.4B1.3B1.2B612.4M
Inventory253.3M248.2M298.3M348.8M325.4M341.7M
Other Current Assets46.5M44.6M58.6M21.6M53M55.7M
Other Stockholder Equity(217.5M)(247.1M)(300.9M)(343.6M)(344.1M)(326.9M)
Total Liab1.7B1.7B1.8B1.8B1.7B844.6M
Property Plant And Equipment Gross1.1B1.0B1.0B1.1B2.2B2.3B
Total Current Assets919.2M1.0B1.0B1.1B1.1B597.7M
Accumulated Other Comprehensive Income(290.4M)(308.3M)(333.6M)(366.5M)(369.4M)(350.9M)
Short Term Debt103.3M1M80.8M134.2M116.9M122.7M
Other Liab405.6M482.3M438.7M313.8M360.9M201.3M
Net Tangible Assets1.2B1.3B380.8M1.3B1.5B797.2M
Other Assets85M134M137.5M121.5M139.7M146.7M
Long Term Debt824.3M933.2M936.2M928.1M911.1M462.7M
Deferred Long Term Liab180.6M163.7M188.1M180.4M207.5M147.3M
Short Long Term Debt103.3M1M80.8M134.2M103.4M108.6M
Intangible Assets203M195.8M252.6M241.9M231M118.4M
Property Plant Equipment1.1B1.0B1.0B1.1B1.2B690.8M
Good Will807.4M808.5M905.9M914.8M913.6M867.9M
Treasury Stock(659.7M)(700.4M)(775.1M)(831.1M)(748.0M)(785.4M)
Short Term Investments1.6M4.1M4.9M5.6M4.3M5.7M

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.
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:
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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Equity Valuation
Check real value of public entities based on technical and fundamental data
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
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.