Minerals Property Plant Equipment vs Long Term Debt Analysis
MTX Stock | USD 82.41 1.31 1.56% |
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 Property Plant Equipment and its Long Term Debt 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.
Property Plant Equipment vs Long Term Debt
Property Plant Equipment vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minerals Technologies Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Minerals Technologies' Property Plant Equipment and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt 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' Property Plant Equipment and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Minerals Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Minerals Technologies' Property Plant Equipment and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Long Term Debt
Long-term debt is a debt that Minerals Technologies has held for over one year. Long-term debt appears on Minerals Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Minerals Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 Profit | 446.5M | 465M | 2.2B | 2.3B | Total Revenue | 1.9B | 2.1B | 2.2B | 1.2B |
Minerals Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Minerals Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Minerals Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1B | 3.2B | 3.4B | 3.4B | 3.3B | 1.7B | |
Short Long Term Debt Total | 927.6M | 934.2M | 1.0B | 1.1B | 1.1B | 1.1B | |
Other Current Liab | 102.7M | 131.8M | 145.9M | 142.9M | 137.7M | 79.9M | |
Total Current Liabilities | 398.5M | 295.2M | 419.8M | 498.3M | 457.3M | 232.2M | |
Total Stockholder Equity | 1.4B | 1.5B | 1.5B | 1.6B | 1.7B | 886.4M | |
Property Plant And Equipment Net | 1.1B | 1.0B | 1.0B | 1.1B | 1.0B | 709.0M | |
Net Debt | 686M | 566.5M | 717.5M | 815.1M | 748.7M | 786.1M | |
Retained Earnings | 1.9B | 2.0B | 2.2B | 2.3B | 2.4B | 2.5B | |
Accounts Payable | 163.4M | 148.3M | 196.1M | 193.8M | 188.7M | 97.1M | |
Cash | 241.6M | 367.7M | 299.5M | 247.2M | 317.2M | 183.3M | |
Non Current Assets Total | 2.2B | 2.2B | 2.3B | 2.3B | 2.2B | 1.1B | |
Non Currrent Assets Other | 130.2M | 131.9M | 137.5M | 97.1M | 56.1M | 58.9M | |
Cash And Short Term Investments | 243.2M | 371.8M | 304.4M | 252.8M | 321.5M | 188.1M | |
Net Receivables | 376.2M | 369M | 367.8M | 404M | 399.1M | 233.4M | |
Common Stock Shares Outstanding | 35.1M | 34.2M | 33.8M | 32.8M | 32.6M | 31.9M | |
Liabilities And Stockholders Equity | 3.1B | 3.2B | 3.4B | 3.4B | 3.3B | 1.7B | |
Non Current Liabilities Total | 1.3B | 1.4B | 1.4B | 1.3B | 1.2B | 612.4M | |
Inventory | 253.3M | 248.2M | 298.3M | 348.8M | 325.4M | 341.7M | |
Other Current Assets | 46.5M | 44.6M | 58.6M | 21.6M | 53M | 55.7M | |
Other Stockholder Equity | (217.5M) | (247.1M) | (300.9M) | (343.6M) | (344.1M) | (326.9M) | |
Total Liab | 1.7B | 1.7B | 1.8B | 1.8B | 1.7B | 844.6M | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 1.0B | 1.1B | 2.2B | 2.3B | |
Total Current Assets | 919.2M | 1.0B | 1.0B | 1.1B | 1.1B | 597.7M | |
Accumulated Other Comprehensive Income | (290.4M) | (308.3M) | (333.6M) | (366.5M) | (369.4M) | (350.9M) | |
Short Term Debt | 103.3M | 1M | 80.8M | 134.2M | 116.9M | 122.7M | |
Other Liab | 405.6M | 482.3M | 438.7M | 313.8M | 360.9M | 201.3M | |
Net Tangible Assets | 1.2B | 1.3B | 380.8M | 1.3B | 1.5B | 797.2M | |
Other Assets | 85M | 134M | 137.5M | 121.5M | 139.7M | 146.7M | |
Long Term Debt | 824.3M | 933.2M | 936.2M | 928.1M | 911.1M | 462.7M | |
Deferred Long Term Liab | 180.6M | 163.7M | 188.1M | 180.4M | 207.5M | 147.3M | |
Short Long Term Debt | 103.3M | 1M | 80.8M | 134.2M | 103.4M | 108.6M | |
Intangible Assets | 203M | 195.8M | 252.6M | 241.9M | 231M | 118.4M | |
Property Plant Equipment | 1.1B | 1.0B | 1.0B | 1.1B | 1.2B | 690.8M | |
Good Will | 807.4M | 808.5M | 905.9M | 914.8M | 913.6M | 867.9M | |
Treasury Stock | (659.7M) | (700.4M) | (775.1M) | (831.1M) | (748.0M) | (785.4M) | |
Short Term Investments | 1.6M | 4.1M | 4.9M | 5.6M | 4.3M | 5.7M |
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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 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.
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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 2.9 | 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.