Royal Non Current Liabilities Total vs Cash 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 Non Current Liabilities Total and its Cash 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.

Non Current Liabilities Total vs Cash

Non Current Liabilities Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Canadian Mint Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Royal Canadian's Non Current Liabilities Total and Cash is 0.02. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash 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 Non Current Liabilities Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Royal Canadian Mint are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., Royal Canadian's Non Current Liabilities Total and Cash go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Cash

Cash refers to the most liquid asset of Royal Canadian Mint, which is listed under current asset account on Royal Canadian Mint balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Royal Canadian customers. The amounts must be unrestricted with restricted cash listed in a different Royal Canadian account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
Click cells to compare fundamentals

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.