Mexco Net Receivables vs Total Stockholder Equity Analysis

MXC Stock  USD 11.75  0.14  1.18%   
Mexco Energy financial indicator trend analysis is infinitely more than just investigating Mexco Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mexco Energy is a good investment. Please check the relationship between Mexco Energy Net Receivables and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mexco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mexco Energy Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mexco Energy's Net Receivables and Total Stockholder Equity is 0.66. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Mexco Energy, assuming nothing else is changed. The correlation between historical values of Mexco Energy's Net Receivables and Total 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 Net Receivables of Mexco Energy are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Mexco Energy's Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Mexco Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mexco Energy 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 Mexco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.At present, Mexco Energy's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 9.38, whereas Selling General Administrative is forecasted to decline to about 920.4 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.1M1.2M1.2M1.2M
Cost Of Revenue2.6M3.6M3.5M3.7M

Mexco Energy fundamental ratios Correlations

0.750.90.940.280.690.580.270.970.270.370.660.660.540.680.30.660.360.110.330.410.68-0.060.490.95-0.58
0.750.640.710.160.570.890.260.730.260.290.50.520.310.560.280.510.20.070.190.260.56-0.060.350.72-0.47
0.90.640.71-0.130.770.370.520.780.520.660.740.260.20.290.560.71-0.060.3-0.04-0.010.760.20.660.72-0.54
0.940.710.710.550.540.680.00.990.00.110.540.830.740.850.020.570.590.070.480.630.51-0.210.241.0-0.59
0.280.16-0.130.55-0.330.44-0.750.46-0.75-0.54-0.130.830.820.81-0.74-0.040.96-0.240.80.96-0.18-0.43-0.550.51-0.18
0.690.570.770.54-0.330.290.770.60.770.470.480.210.040.230.750.4-0.170.19-0.15-0.120.510.040.840.6-0.21
0.580.890.370.680.440.29-0.080.64-0.080.040.310.610.490.64-0.050.340.440.080.370.480.24-0.110.020.66-0.43
0.270.260.520.0-0.750.77-0.080.091.00.670.44-0.29-0.43-0.260.990.32-0.590.15-0.34-0.550.470.320.940.05-0.06
0.970.730.780.990.460.60.640.090.090.180.580.790.680.810.110.60.520.050.440.560.6-0.180.330.99-0.58
0.270.260.520.0-0.750.77-0.081.00.090.670.44-0.29-0.43-0.260.990.32-0.590.15-0.34-0.550.470.320.940.05-0.06
0.370.290.660.11-0.540.470.040.670.180.670.63-0.31-0.31-0.280.770.57-0.50.25-0.32-0.460.520.540.710.1-0.36
0.660.50.740.54-0.130.480.310.440.580.440.630.180.140.20.520.99-0.170.2-0.02-0.120.880.330.580.51-0.91
0.660.520.260.830.830.210.61-0.290.79-0.29-0.310.180.851.0-0.30.230.88-0.260.80.910.21-0.46-0.050.84-0.35
0.540.310.20.740.820.040.49-0.430.68-0.43-0.310.140.850.84-0.430.20.81-0.070.670.830.09-0.47-0.210.72-0.35
0.680.560.290.850.810.230.64-0.260.81-0.26-0.280.21.00.84-0.270.250.87-0.250.790.90.23-0.45-0.030.85-0.36
0.30.280.560.02-0.740.75-0.050.990.110.990.770.52-0.3-0.43-0.270.41-0.610.15-0.36-0.560.520.390.950.07-0.15
0.660.510.710.57-0.040.40.340.320.60.320.570.990.230.20.250.41-0.110.170.02-0.060.890.280.470.54-0.95
0.360.2-0.060.590.96-0.170.44-0.590.52-0.59-0.5-0.170.880.810.87-0.61-0.11-0.30.880.99-0.19-0.45-0.390.57-0.07
0.110.070.30.07-0.240.190.080.150.050.150.250.2-0.26-0.07-0.250.150.17-0.3-0.36-0.270.030.120.150.04-0.09
0.330.19-0.040.480.8-0.150.37-0.340.44-0.34-0.32-0.020.80.670.79-0.360.020.88-0.360.88-0.04-0.28-0.170.47-0.14
0.410.26-0.010.630.96-0.120.48-0.550.56-0.55-0.46-0.120.910.830.9-0.56-0.060.99-0.270.88-0.14-0.44-0.340.62-0.11
0.680.560.760.51-0.180.510.240.470.60.470.520.880.210.090.230.520.89-0.190.03-0.04-0.140.160.570.52-0.75
-0.06-0.060.2-0.21-0.430.04-0.110.32-0.180.320.540.33-0.46-0.47-0.450.390.28-0.450.12-0.28-0.440.160.19-0.24-0.22
0.490.350.660.24-0.550.840.020.940.330.940.710.58-0.05-0.21-0.030.950.47-0.390.15-0.17-0.340.570.190.29-0.23
0.950.720.721.00.510.60.660.050.990.050.10.510.840.720.850.070.540.570.040.470.620.52-0.240.29-0.54
-0.58-0.47-0.54-0.59-0.18-0.21-0.43-0.06-0.58-0.06-0.36-0.91-0.35-0.35-0.36-0.15-0.95-0.07-0.09-0.14-0.11-0.75-0.22-0.23-0.54
Click cells to compare fundamentals

Mexco Energy Account Relationship Matchups

Mexco Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1M10.8M13.3M17.8M20.7M12.5M
Total Current Liabilities182.5K138.5K263.8K258.3K430.1K318.6K
Total Stockholder Equity8.4M8.8M12.2M16.8M17.6M9.4M
Property Plant And Equipment Net9.5M9.8M10.3M13.4M14.3M11.3M
Net Debt799.7K1.1M(1.2M)(2.2M)(2.5M)(2.3M)
Retained Earnings317.4K473.4K3.3M8.0M9.1M9.6M
Accounts Payable109.3K101.6K194.5K181.9K191.6K234.3K
Cash34.4K57.8K1.4M2.2M2.5M2.6M
Non Current Assets Total9.7M10.1M10.6M14.1M17.0M11.5M
Cash And Short Term Investments34.4K57.8K1.4M2.2M2.5M2.6M
Net Receivables284.7K651.8K1.3M1.4M1.0M575.1K
Common Stock Shares Outstanding2.0M2.1M2.2M2.2M2.2M2.1M
Liabilities And Stockholders Equity10.1M10.8M13.3M17.8M20.7M12.5M
Non Current Liabilities Total1.5M1.9M796.1K729.5K2.6M2.8M
Other Stockholder Equity7.0M7.3M7.8M7.7M7.4M7.0M
Total Liab1.7M2.0M1.1M987.8K3.1M3.1M
Total Current Assets369.3K757.5K2.7M3.7M3.7M3.9M
Other Current Liab116.8K116.6K209.5K201.9K30K28.5K
Short Term Debt65.7K22.0K54.3K56.4K19.3K18.3K
Other Current Assets334.9K699.7K52.6K1.5M204.9K211.1K
Property Plant And Equipment Gross9.5M9.8M40.6M45.6M48.4M50.9M
Property Plant Equipment9.5M9.8M10.3M13.4M15.4M12.3M
Other Liab755.3K713.8K720.5K710.3K816.8K786.9K
Non Currrent Assets Other2.2K83.4K13.2K12.2K8.6K9.0K
Net Tangible Assets8.4M8.8M12.2M16.8M15.1M8.9M
Other Assets2.2K83.4K13.2K12.2K10.9K10.4K
Retained Earnings Total Equity429.9K416.9K317.4K473.4K426.0K404.7K
Capital Surpluse7.3M7.6M8.1M8.3M9.6M8.0M
Inventory(380.0K)(284.7K)(651.8K)(1.4M)1.01.05
Non Current Liabilities Other852.6K854.0K766.2K713.8K642.4K712.0K
Accumulated Depreciation(26.5M)(27.3M)(28.1M)(29.0M)(26.1M)(27.4M)

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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 Mexco Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mexco Energy's 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 Mexco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mexco Energy Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mexco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Oil & Gas Exploration & Production space 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 Mexco Energy. If investors know Mexco 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 Mexco Energy 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
(0.34)
Dividend Share
0.1
Earnings Share
0.55
Revenue Per Share
3.131
Quarterly Revenue Growth
(0.01)
The market value of Mexco Energy is measured differently than its book value, which is the value of Mexco that is recorded on the company's balance sheet. Investors also form their own opinion of Mexco Energy's value that differs from its market value or its book value, called intrinsic value, which is Mexco Energy'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 Mexco Energy's market value can be influenced by many factors that don't directly affect Mexco Energy'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 Mexco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexco Energy'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.