Minerals Technologies Financials

MTX Stock  USD 80.67  1.05  1.28%   
Based on the key indicators related to Minerals Technologies' liquidity, profitability, solvency, and operating efficiency, Minerals Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Minerals Technologies' Current Deferred Revenue is fairly stable compared to the past year. Short Term Investments is likely to rise to about 5.7 M in 2024, whereas Total Assets are likely to drop slightly above 1.7 B in 2024. Key indicators impacting Minerals Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.07180.0388
Way Up
Very volatile
Return On Assets0.02390.0251
Notably Down
Slightly volatile
Return On Equity0.06950.0509
Significantly Up
Slightly volatile
Debt Equity Ratio0.340.6223
Way Down
Very volatile
Operating Income114 M171.8 M
Way Down
Pretty Stable
Current Ratio2.12.4032
Fairly Down
Pretty Stable
The financial analysis of Minerals Technologies is a critical element in measuring its lifeblood. Investors should not minimize Minerals Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

277.44 Million

  
Understanding current and past Minerals Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Minerals Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Minerals Technologies' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Minerals Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Minerals Technologies. Check Minerals Technologies' Beneish M Score to see the likelihood of Minerals Technologies' management manipulating its earnings.

Minerals Technologies Stock Summary

Minerals Technologies competes with Chemours, Dupont De, Ecovyst, 5E Advanced, and Albemarle. Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York. Minerals Technologies operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 61 people.
Specialization
Basic Materials, Specialty Chemicals
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6031581068
CUSIP603158106
LocationNew York; U.S.A
Business Address622 Third Avenue,
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.mineralstech.com
Phone212 878 1800
CurrencyUSD - US Dollar

Minerals Technologies Key Financial Ratios

Minerals Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.2B3.4B3.4B3.3B1.7B
Other Current Liab131.8M137.8M142.9M179.6M137.7M80.7M
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
Net Receivables376.2M369M367.8M404M399.1M233.4M
Inventory253.3M248.2M298.3M348.8M325.4M341.7M
Other Current Assets46.5M44.6M99.8M64.9M98M102.9M
Total Liab1.7B1.7B1.8B1.8B1.7B844.6M
Total Current Assets919.2M1.0B1.0B1.1B1.1B597.7M
Short Term Debt103.3M1M80.8M119.7M116.9M122.7M
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
Short Long Term Debt103.3M1M80.8M134.2M103.4M108.6M
Intangible Assets203M195.8M252.6M241.9M231M118.4M
Good Will807.4M808.5M905.9M914.8M913.6M867.9M
Treasury Stock(659.7M)(700.4M)(775.1M)(831.1M)(748.0M)(785.4M)

Minerals Technologies Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense45.5M38.2M40.6M47.3M59.2M56.2M
Total Revenue1.8B1.6B1.9B2.1B2.2B1.2B
Gross Profit440.6M405.4M446.5M465M2.2B2.3B
Operating Income128.1M103.2M141.5M152.3M171.8M114.0M
Ebit128.1M178.1M242.9M204M171.8M121.4M
Ebitda226.5M279.9M345.1M307.3M171.8M188.7M
Cost Of Revenue1.4B1.2B1.4B1.7B1.7B887.2M
Income Before Tax157.3M138M202.3M156.7M107.7M103.9M
Net Income132.7M112.4M164.4M122.2M84.1M77.7M
Research Development20.3M19.9M19.5M20.4M21.2M18.2M
Non Recurring24.1M21.1M5.1M37.7M33.9M19.5M
Interest Income2.3M38.2M3.4M43.9M39.5M24.9M
Net Interest Income(43.2M)(38.2M)(37.2M)(43.9M)(56.7M)(59.5M)

Minerals Technologies Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Minerals Technologies. It measures of how well Minerals is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Minerals Technologies brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Minerals had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Minerals Technologies has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(16M)8.3M(58.2M)(66.1M)18.7M19.6M
Change In Cash32.8M126.1M(68.2M)(52.3M)70M73.5M
Free Cash Flow173.3M173.8M146.4M23.4M140.1M82.9M
Depreciation123.3M116.9M109.7M94.2M107.3M77.8M
Other Non Cash Items10.8M10.1M9.5M30.4M87.4M91.8M
Capital Expenditures75.9M65M66.8M82.3M93.5M57.0M
Net Income136.4M115.8M168.5M126.3M84.1M78.9M
End Period Cash Flow241.6M367.7M299.5M247.2M317.2M181.2M
Investments2.2M(3.4M)(1.1M)100K(101.5M)(96.4M)
Net Borrowings(92.2M)2.3M78.8M33.7M30.3M44.5M
Change To Netincome20.5M15.2M12M2.4M2.8M2.6M
Change Receivables9.9M13.7M(7.2M)(48.3M)(43.5M)(41.3M)

Minerals Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Minerals Technologies's current stock value. Our valuation model uses many indicators to compare Minerals Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Minerals Technologies competition to find correlations between indicators driving Minerals Technologies's intrinsic value. More Info.
Minerals Technologies is regarded third in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about  0.56  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Minerals Technologies is roughly  1.79 . At this time, Minerals Technologies' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Minerals Technologies' earnings, one of the primary drivers of an investment's value.

Minerals Technologies Systematic Risk

Minerals Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Minerals Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Minerals Technologies correlated with the market. If Beta is less than 0 Minerals Technologies generally moves in the opposite direction as compared to the market. If Minerals Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Minerals Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Minerals Technologies is generally in the same direction as the market. If Beta > 1 Minerals Technologies moves generally in the same direction as, but more than the movement of the benchmark.

Minerals Technologies Thematic Clasifications

Minerals Technologies is part of several thematic ideas from Plastics to IT. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Minerals Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Minerals Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Minerals Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.85)

At this time, Minerals Technologies' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Minerals Technologies November 18, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Minerals Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Minerals Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Minerals Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Minerals Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Minerals Technologies's daily price indicators and compare them against related drivers.

Additional 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.