Mexco Other Current Assets 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 Other Current Assets 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.
Other Current Assets vs Total Stockholder Equity
Other Current Assets 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 Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mexco Energy's Other Current Assets and Total Stockholder Equity is 0.2. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., Mexco Energy's Other Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Expenses | 1.1M | 1.2M | 1.2M | 1.2M | Cost Of Revenue | 2.6M | 3.6M | 3.5M | 3.7M |
Mexco Energy fundamental ratios Correlations
Click cells to compare fundamentals
Mexco Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mexco Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.1M | 10.8M | 13.3M | 17.8M | 20.7M | 12.5M | |
Total Current Liabilities | 182.5K | 138.5K | 263.8K | 258.3K | 430.1K | 318.6K | |
Total Stockholder Equity | 8.4M | 8.8M | 12.2M | 16.8M | 17.6M | 9.4M | |
Property Plant And Equipment Net | 9.5M | 9.8M | 10.3M | 13.4M | 14.3M | 11.3M | |
Net Debt | 799.7K | 1.1M | (1.2M) | (2.2M) | (2.5M) | (2.3M) | |
Retained Earnings | 317.4K | 473.4K | 3.3M | 8.0M | 9.1M | 9.6M | |
Accounts Payable | 109.3K | 101.6K | 194.5K | 181.9K | 191.6K | 234.3K | |
Cash | 34.4K | 57.8K | 1.4M | 2.2M | 2.5M | 2.6M | |
Non Current Assets Total | 9.7M | 10.1M | 10.6M | 14.1M | 17.0M | 11.5M | |
Cash And Short Term Investments | 34.4K | 57.8K | 1.4M | 2.2M | 2.5M | 2.6M | |
Net Receivables | 284.7K | 651.8K | 1.3M | 1.4M | 1.0M | 575.1K | |
Common Stock Shares Outstanding | 2.0M | 2.1M | 2.2M | 2.2M | 2.2M | 2.1M | |
Liabilities And Stockholders Equity | 10.1M | 10.8M | 13.3M | 17.8M | 20.7M | 12.5M | |
Non Current Liabilities Total | 1.5M | 1.9M | 796.1K | 729.5K | 2.6M | 2.8M | |
Other Stockholder Equity | 7.0M | 7.3M | 7.8M | 7.7M | 7.4M | 7.0M | |
Total Liab | 1.7M | 2.0M | 1.1M | 987.8K | 3.1M | 3.1M | |
Total Current Assets | 369.3K | 757.5K | 2.7M | 3.7M | 3.7M | 3.9M | |
Other Current Liab | 116.8K | 116.6K | 209.5K | 201.9K | 30K | 28.5K | |
Short Term Debt | 65.7K | 22.0K | 54.3K | 56.4K | 19.3K | 18.3K | |
Other Current Assets | 334.9K | 699.7K | 52.6K | 1.5M | 204.9K | 211.1K | |
Property Plant And Equipment Gross | 9.5M | 9.8M | 40.6M | 45.6M | 48.4M | 50.9M | |
Property Plant Equipment | 9.5M | 9.8M | 10.3M | 13.4M | 15.4M | 12.3M | |
Other Liab | 755.3K | 713.8K | 720.5K | 710.3K | 816.8K | 786.9K | |
Non Currrent Assets Other | 2.2K | 83.4K | 13.2K | 12.2K | 8.6K | 9.0K | |
Net Tangible Assets | 8.4M | 8.8M | 12.2M | 16.8M | 15.1M | 8.9M | |
Other Assets | 2.2K | 83.4K | 13.2K | 12.2K | 10.9K | 10.4K | |
Retained Earnings Total Equity | 429.9K | 416.9K | 317.4K | 473.4K | 426.0K | 404.7K | |
Capital Surpluse | 7.3M | 7.6M | 8.1M | 8.3M | 9.6M | 8.0M | |
Inventory | (380.0K) | (284.7K) | (651.8K) | (1.4M) | 1.0 | 1.05 | |
Non Current Liabilities Other | 852.6K | 854.0K | 766.2K | 713.8K | 642.4K | 712.0K | |
Accumulated Depreciation | (26.5M) | (27.3M) | (28.1M) | (29.0M) | (26.1M) | (27.4M) |
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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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.