Royal Current Deferred Revenue vs Long Term Debt Total Analysis

MNT Stock  CAD 32.50  0.19  0.59%   
Royal Canadian financial indicator trend analysis is much more than just breaking down Royal Canadian Mint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Canadian Mint is a good investment. Please check the relationship between Royal Canadian Current Deferred Revenue and its Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Royal Canadian Mint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Long Term Debt Total

Current Deferred Revenue vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Canadian Mint Current Deferred Revenue account and Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Royal Canadian's Current Deferred Revenue and Long Term Debt Total is 0.35. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Royal Canadian Mint, assuming nothing else is changed. The correlation between historical values of Royal Canadian's Current Deferred Revenue and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Royal Canadian Mint are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Current Deferred Revenue i.e., Royal Canadian's Current Deferred Revenue and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Long Term Debt Total

Most indicators from Royal Canadian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Canadian Mint 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 Royal Canadian Mint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 29th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Selling General Administrative is likely to drop about 96 M.
 2020 2021 2023 2024 (projected)
Gross Profit143.7M179.4M161.5M131.0M
Total Revenue2.5B3.6B3.2B2.0B

Royal Canadian fundamental ratios Correlations

0.12-0.520.570.240.63-0.350.620.250.530.40.620.40.410.030.60.32-0.33-0.420.370.80.410.430.130.080.1
0.120.0-0.340.63-0.060.26-0.010.63-0.39-0.13-0.06-0.25-0.15-0.21-0.010.310.060.68-0.49-0.30.61-0.58-0.590.480.43
-0.520.0-0.17-0.03-0.520.06-0.42-0.03-0.580.05-0.49-0.010.02-0.06-0.45-0.54-0.020.28-0.3-0.410.1-0.25-0.240.190.18
0.57-0.34-0.17-0.380.45-0.460.37-0.370.530.20.450.490.350.260.410.22-0.45-0.560.720.81-0.120.510.47-0.17-0.07
0.240.63-0.03-0.38-0.310.38-0.291.0-0.340.37-0.32-0.430.22-0.51-0.290.370.220.6-0.78-0.10.75-0.49-0.890.720.66
0.63-0.06-0.520.45-0.31-0.770.89-0.310.690.011.00.790.030.460.990.13-0.23-0.670.750.5-0.070.670.58-0.4-0.35
-0.350.260.06-0.460.38-0.77-0.650.39-0.66-0.16-0.79-0.98-0.17-0.4-0.770.020.350.67-0.7-0.370.05-0.71-0.550.40.35
0.62-0.01-0.420.37-0.290.89-0.65-0.30.440.00.890.730.040.370.92-0.05-0.29-0.720.70.390.040.680.6-0.49-0.47
0.250.63-0.03-0.371.0-0.310.39-0.3-0.340.38-0.32-0.430.23-0.52-0.30.360.220.6-0.78-0.080.76-0.49-0.880.720.66
0.53-0.39-0.580.53-0.340.69-0.660.44-0.340.010.690.620.040.360.590.27-0.21-0.590.650.63-0.270.560.53-0.35-0.31
0.4-0.130.050.20.370.01-0.160.00.380.010.010.120.95-0.510.020.07-0.23-0.2-0.020.420.580.34-0.130.330.28
0.62-0.06-0.490.45-0.321.0-0.790.89-0.320.690.010.810.040.470.990.11-0.24-0.680.760.5-0.070.680.58-0.41-0.36
0.4-0.25-0.010.49-0.430.79-0.980.73-0.430.620.120.810.130.440.8-0.13-0.37-0.710.730.38-0.050.730.6-0.44-0.39
0.41-0.150.020.350.220.03-0.170.040.230.040.950.040.13-0.470.050.01-0.27-0.260.120.490.520.360.00.270.22
0.03-0.21-0.060.26-0.510.46-0.40.37-0.520.36-0.510.470.44-0.470.44-0.220.16-0.30.480.25-0.670.110.43-0.38-0.25
0.6-0.01-0.450.41-0.290.99-0.770.92-0.30.590.020.990.80.050.440.09-0.24-0.660.730.44-0.020.670.56-0.4-0.35
0.320.31-0.540.220.370.130.02-0.050.360.270.070.11-0.130.01-0.220.09-0.130.23-0.070.260.19-0.13-0.30.40.45
-0.330.06-0.02-0.450.22-0.230.35-0.290.22-0.21-0.23-0.24-0.37-0.270.16-0.24-0.130.36-0.44-0.23-0.28-0.51-0.390.110.17
-0.420.680.28-0.560.6-0.670.67-0.720.6-0.59-0.2-0.68-0.71-0.26-0.3-0.660.230.36-0.84-0.520.26-0.95-0.830.650.62
0.37-0.49-0.30.72-0.780.75-0.70.7-0.780.65-0.020.760.730.120.480.73-0.07-0.44-0.840.56-0.410.790.92-0.62-0.55
0.8-0.3-0.410.81-0.10.5-0.370.39-0.080.630.420.50.380.490.250.440.26-0.23-0.520.56-0.020.450.310.040.12
0.410.610.1-0.120.75-0.070.050.040.76-0.270.58-0.07-0.050.52-0.67-0.020.19-0.280.26-0.41-0.02-0.08-0.520.540.42
0.43-0.58-0.250.51-0.490.67-0.710.68-0.490.560.340.680.730.360.110.67-0.13-0.51-0.950.790.45-0.080.76-0.58-0.59
0.13-0.59-0.240.47-0.890.58-0.550.6-0.880.53-0.130.580.60.00.430.56-0.3-0.39-0.830.920.31-0.520.76-0.81-0.79
0.080.480.19-0.170.72-0.40.4-0.490.72-0.350.33-0.41-0.440.27-0.38-0.40.40.110.65-0.620.040.54-0.58-0.810.98
0.10.430.18-0.070.66-0.350.35-0.470.66-0.310.28-0.36-0.390.22-0.25-0.350.450.170.62-0.550.120.42-0.59-0.790.98
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Royal Canadian Account Relationship Matchups

Royal Canadian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets397.8M429.9M379.4M405.5M466.3M448.8M
Total Current Liabilities80.7M120.5M76.6M99.4M114.3M98.5M
Total Stockholder Equity156.5M150.2M167.2M142.5M128.2M168.4M
Retained Earnings116.4M110.2M127.3M102.5M92.3M137.3M
Cash56.3M66.4M65.5M67.3M60.6M59.1M
Cash And Short Term Investments66.7M66.4M68.2M69.7M62.7M65.1M
Net Receivables55.4M48.8M50.7M59.1M68.0M36.5M
Liabilities And Stockholders Equity397.8M429.9M379.4M405.5M466.3M434.4M
Inventory62.2M94.9M57.6M86.5M77.9M65.4M
Other Current Assets50K684K6.9M2.6M2.3M1.8M
Other Stockholder Equity92K27K(88K)(17K)(15.3K)(14.5K)
Total Liab241.4M279.7M212.2M263.0M302.4M217.3M
Total Current Assets188.1M223.0M189.5M221.9M255.2M224.2M
Intangible Assets8.4M6.3M5.1M4.7M4.3M8.2M
Common Stock Shares Outstanding25.3M24.9M18.9M18.8M21.7M15.9M
Other Assets36.9M32.5M28.5M29.4M33.8M31.2M
Long Term Debt9.0M6.0M3.0M24M21.6M13.5M
Long Term Debt Total9.0M13.1M7.3M28.4M25.6M15.1M
Property Plant Equipment164.2M167.4M155.8M149.2M134.3M138.7M
Short Term Investments384K880K917K388K446.2K664.6K

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Other Information on Investing in Royal Stock

Balance Sheet is a snapshot of the financial position of Royal Canadian Mint at a specified time, usually calculated after every quarter, six months, or one year. Royal Canadian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Royal Canadian and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Royal currently owns. An asset can also be divided into two categories, current and non-current.