Mistras Total Assets vs Short Long Term Debt Analysis
MG Stock | USD 9.07 0.11 1.20% |
Mistras financial indicator trend analysis is infinitely more than just investigating Mistras Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mistras Group is a good investment. Please check the relationship between Mistras Total Assets and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Total Assets vs Short Long Term Debt
Total Assets vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mistras Group Total Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mistras' Total Assets and Short Long Term Debt is -0.4. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Mistras Group, assuming nothing else is changed. The correlation between historical values of Mistras' Total Assets and Short 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 Total Assets of Mistras Group are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Assets i.e., Mistras' Total Assets and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Mistras assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mistras Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Mistras' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mistras Group 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 Mistras Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The current Selling General Administrative is estimated to decrease to about 121.2 M. The Mistras' current Tax Provision is estimated to increase to about (1.2 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.9M | 10.5M | 16.8M | 17.6M | Depreciation And Amortization | 34.9M | 33.3M | 39.3M | 20.8M |
Mistras fundamental ratios Correlations
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Mistras Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mistras fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 719.9M | 583.3M | 562.2M | 534.9M | 534.8M | 464.9M | |
Short Long Term Debt Total | 271.9M | 235.1M | 216.1M | 205.5M | 245.7M | 158.0M | |
Other Current Liab | 77.6M | 61.6M | 67.6M | 59.9M | 66.5M | 53.6M | |
Total Current Liabilities | 109.2M | 109.8M | 121.4M | 103.7M | 116.5M | 88.6M | |
Total Stockholder Equity | 285.8M | 197.0M | 200.7M | 198.5M | 190.2M | 202.9M | |
Other Liab | 26.7M | 17.9M | 8.4M | 10.5M | 12.1M | 15.5M | |
Property Plant And Equipment Net | 98.6M | 92.7M | 86.6M | 77.6M | 118.5M | 80.6M | |
Net Debt | 256.9M | 209.3M | 192.0M | 185.0M | 228.1M | 134.7M | |
Retained Earnings | 77.6M | (21.8M) | (18.0M) | (11.5M) | (28.9M) | (27.5M) | |
Accounts Payable | 15.0M | 14.2M | 12.9M | 12.5M | 17.0M | 11.4M | |
Cash | 15.0M | 25.8M | 24.1M | 20.5M | 17.6M | 17.2M | |
Non Current Assets Total | 540.7M | 420.7M | 400.9M | 367.0M | 354.4M | 318.5M | |
Non Currrent Assets Other | 48.4M | 51.3M | 47.3M | 40.0M | 2.3M | 2.2M | |
Other Assets | 4.4M | 53.4M | 49.5M | 40.8M | 46.9M | 49.3M | |
Long Term Debt | 248.1M | 209.5M | 182.4M | 183.8M | 181.5M | 130.2M | |
Cash And Short Term Investments | 15.0M | 25.8M | 24.1M | 20.5M | 17.6M | 17.2M | |
Net Receivables | 136.0M | 107.6M | 109.5M | 123.7M | 132.8M | 115.0M | |
Good Will | 282.4M | 206.0M | 205.4M | 199.6M | 187.4M | 159.3M | |
Common Stock Total Equity | 289K | 292K | 295K | 298K | 342.7K | 274.7K | |
Common Stock Shares Outstanding | 29.0M | 29.1M | 30.1M | 30.2M | 30.3M | 29.9M | |
Liabilities And Stockholders Equity | 719.9M | 583.3M | 562.2M | 534.9M | 534.8M | 464.9M | |
Non Current Liabilities Total | 324.6M | 276.2M | 239.9M | 232.4M | 227.8M | 182.8M | |
Inventory | 13.4M | 13.1M | 12.7M | 13.6M | 15.3M | 12.8M | |
Other Current Assets | 14.7M | 32.1M | 30.1M | 10.2M | 29.2M | 14.9M | |
Other Stockholder Equity | 229.2M | 234.6M | 238.7M | 243.0M | 247.2M | 153.1M | |
Total Liab | 433.9M | 386.1M | 361.3M | 336.2M | 344.3M | 261.8M | |
Property Plant And Equipment Gross | 98.6M | 92.7M | 294.3M | 296.7M | 319.8M | 335.7M | |
Total Current Assets | 179.2M | 162.6M | 161.3M | 167.9M | 180.4M | 158.6M | |
Accumulated Other Comprehensive Income | (21.3M) | (16.1M) | (20.3M) | (33.4M) | (28.3M) | (26.9M) | |
Short Term Debt | 10.7M | 24.8M | 34.0M | 22.0M | 24.7M | 18.5M | |
Intangible Assets | 109.5M | 68.6M | 59.4M | 49.0M | 44.0M | 53.6M | |
Common Stock | 289K | 292K | 295K | 298K | 305K | 278.2K | |
Property Plant Equipment | 98.6M | 139.4M | 86.6M | 77.6M | 89.2M | 80.7M | |
Net Tangible Assets | (106.1M) | (77.6M) | (64.1M) | 198.5M | 178.6M | 187.5M | |
Current Deferred Revenue | 5.9M | 6.5M | 6.2M | 7.5M | 7.1M | 5.5M | |
Noncontrolling Interest In Consolidated Entity | 200K | 198K | 229K | 299K | 343.9K | 234.5K | |
Retained Earnings Total Equity | 77.6M | (21.8M) | (18.0M) | (11.5M) | (10.3M) | (9.8M) | |
Long Term Debt Total | 248.1M | 209.5M | 192.2M | 193.9M | 223.0M | 164.0M | |
Capital Surpluse | 229.2M | 234.6M | 238.7M | 243.0M | 279.5M | 240.1M | |
Capital Lease Obligations | 27.3M | 25.2M | 23.6M | 14.2M | 27.1M | 17.9M |
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Research & Consulting Services 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 Mistras. If investors know Mistras 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 Mistras 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 19 | Earnings Share 0.35 | Revenue Per Share 23.998 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0467 |
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' 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 Mistras' market value can be influenced by many factors that don't directly affect Mistras' 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 Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' 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.