Minerals Common Stock Shares Outstanding vs Total Assets 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 Total Assets 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 Total Assets

Common Stock Shares Outstanding vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Minerals Technologies' Common Stock Shares Outstanding and Total Assets is -0.59. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets 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 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 Common Stock Shares Outstanding of Minerals Technologies 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 Common Stock Shares Outstanding i.e., Minerals Technologies' Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

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

Total Assets

Total assets refers to the total amount of Minerals Technologies 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 Minerals Technologies 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 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

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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.