Mastech Total Liab vs Total Current Assets Analysis
MHH Stock | USD 8.73 0.15 1.75% |
Mastech Holdings financial indicator trend analysis is infinitely more than just investigating Mastech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mastech Holdings is a good investment. Please check the relationship between Mastech Holdings Total Liab and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.
Total Liab vs Total Current Assets
Total Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mastech Holdings Total Liab account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mastech Holdings' Total Liab and Total Current Assets is 0.54. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Mastech Holdings, assuming nothing else is changed. The correlation between historical values of Mastech Holdings' Total Liab and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Mastech Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Liab i.e., Mastech Holdings' Total Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Mastech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mastech Holdings 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 Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.As of now, Mastech Holdings' Enterprise Value Multiple is increasing as compared to previous years. The Mastech Holdings' current Enterprise Value is estimated to increase to about 17.1 M, while Discontinued Operations is projected to decrease to under 75.2 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 59.4M | 63.2M | 51.0M | 34.7M | Total Revenue | 222.0M | 242.2M | 201.1M | 152.8M |
Mastech Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Mastech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mastech Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 90.6M | 102.0M | 113.7M | 108.9M | 105.2M | 57.8M | |
Other Current Liab | 8.9M | 13.4M | 15.5M | 12.3M | 13.3M | 8.1M | |
Total Current Liabilities | 19.1M | 22.0M | 26.8M | 19.6M | 19.9M | 14.1M | |
Total Stockholder Equity | 46.3M | 59.5M | 74.4M | 86.0M | 81.4M | 85.5M | |
Property Plant And Equipment Net | 7.1M | 5.3M | 7.9M | 6.6M | 7.0M | 7.4M | |
Current Deferred Revenue | 237K | 478K | 544K | 207K | 684K | 542.2K | |
Net Debt | 27.0M | 13.0M | 11.3M | (2.2M) | (16.1M) | (15.3M) | |
Retained Earnings | 28.8M | 38.6M | 50.8M | 59.6M | 52.4M | 55.0M | |
Accounts Payable | 4.0M | 2.6M | 5.0M | 4.5M | 4.7M | 3.3M | |
Cash | 3.0M | 7.7M | 6.6M | 7.1M | 21.1M | 22.2M | |
Non Current Assets Total | 53.7M | 60.9M | 59.8M | 55.7M | 48.8M | 26.6M | |
Other Assets | 405K | 6.4M | 595K | 871K | 1.0M | 815.9K | |
Cash And Short Term Investments | 3.0M | 7.7M | 6.6M | 7.1M | 21.1M | 22.2M | |
Net Receivables | 32.4M | 32.1M | 43.4M | 42.3M | 29.8M | 24.2M | |
Common Stock Total Equity | 127K | 130K | 131K | 133K | 153.0K | 88.1K | |
Common Stock Shares Outstanding | 11.2M | 12.0M | 12.0M | 12.1M | 11.6M | 10.9M | |
Liabilities And Stockholders Equity | 90.6M | 102.0M | 113.7M | 108.9M | 105.2M | 57.8M | |
Non Current Liabilities Total | 25.2M | 20.5M | 12.4M | 3.3M | 3.9M | 3.7M | |
Other Current Assets | 1.6M | 1.3M | 3.9M | 3.8M | 5.5M | 5.8M | |
Other Stockholder Equity | 17.8M | 21.3M | 24.1M | 27.9M | 30.5M | 32.1M | |
Total Liab | 44.3M | 42.5M | 39.3M | 22.9M | 23.8M | 24.9M | |
Property Plant And Equipment Gross | 7.1M | 5.3M | 7.0M | 7.7M | 13.1M | 13.7M | |
Total Current Assets | 36.9M | 41.2M | 53.9M | 53.2M | 56.5M | 31.2M | |
Accumulated Other Comprehensive Income | (358K) | (539K) | (607K) | (1.6M) | (1.6M) | (1.7M) | |
Common Stock | 127K | 130K | 131K | 133K | 153.0K | 97.4K | |
Property Plant Equipment | 2.5M | 5.3M | 7.9M | 6.6M | 7.5M | 7.9M | |
Non Currrent Assets Other | 405K | 396K | 595K | (49K) | 457K | 316.5K | |
Intangible Assets | 20.1M | 21.9M | 18.8M | 15.8M | 13.0M | 12.0M | |
Net Tangible Assets | 124K | 5.1M | 23.2M | 37.7M | 43.4M | 45.5M | |
Retained Earnings Total Equity | 28.8M | 38.6M | 50.8M | 59.6M | 68.5M | 71.9M | |
Capital Surpluse | 21.9M | 25.5M | 28.3M | 32.1M | 36.9M | 21.0M | |
Accumulated Depreciation | (2.6M) | (3.3M) | (3.9M) | (5.0M) | (4.5M) | (4.3M) | |
Short Long Term Debt Total | 30.0M | 20.7M | 17.9M | 4.9M | 5.1M | 4.8M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.Note that the Mastech Holdings information on this page should be used as a complementary analysis to other Mastech Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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Is Mastech Holdings' 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 Mastech Holdings. If investors know Mastech 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 Mastech Holdings 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 (0.95) | Earnings Share (0.61) | Revenue Per Share 17.317 | Quarterly Revenue Growth (0.20) | Return On Assets (0.01) |
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' 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 Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' 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 Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' 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.