Milestone Property Plant And Equipment Net vs Inventory Analysis

MLSS Stock  USD 0.72  0.09  11.11%   
Milestone Scientific financial indicator trend analysis is infinitely more than just investigating Milestone Scientific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Milestone Scientific is a good investment. Please check the relationship between Milestone Scientific Property Plant And Equipment Net and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Milestone Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Milestone Stock please use our How to Invest in Milestone Scientific guide.

Property Plant And Equipment Net vs Inventory

Property Plant And Equipment Net vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Milestone Scientific Property Plant And Equipment Net account and Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Milestone Scientific's Property Plant And Equipment Net and Inventory is 0.07. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Inventory in the same time period over historical financial statements of Milestone Scientific, assuming nothing else is changed. The correlation between historical values of Milestone Scientific's Property Plant And Equipment Net and Inventory 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 And Equipment Net of Milestone Scientific are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Net i.e., Milestone Scientific's Property Plant And Equipment Net and Inventory go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Inventory

Most indicators from Milestone Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Milestone Scientific 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 Milestone Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Milestone Stock please use our How to Invest in Milestone Scientific guide.At this time, Milestone Scientific's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.51 in 2024, whereas Selling General Administrative is likely to drop slightly above 8.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.3M4.9M6.7M4.5M
Total Revenue10.3M8.8M9.8M7.9M

Milestone Scientific fundamental ratios Correlations

0.250.380.070.940.62-0.9-0.42-0.360.89-0.28-0.420.890.20.450.510.610.140.270.98-0.04-0.08-0.390.42-0.260.42
0.250.02-0.270.290.58-0.4-0.35-0.080.45-0.030.390.47-0.530.43-0.370.36-0.140.30.23-0.35-0.37-0.140.41-0.110.41
0.380.020.560.210.26-0.33-0.66-0.330.32-0.54-0.320.340.350.580.340.740.550.230.480.08-0.13-0.480.570.160.57
0.07-0.270.56-0.25-0.340.23-0.290.29-0.24-0.01-0.23-0.250.810.050.450.290.98-0.230.070.60.24-0.520.05-0.050.03
0.940.290.21-0.250.71-0.94-0.32-0.420.94-0.32-0.360.94-0.060.40.40.51-0.180.320.94-0.2-0.19-0.240.37-0.270.38
0.620.580.26-0.340.71-0.75-0.47-0.60.77-0.45-0.240.8-0.370.690.070.52-0.240.620.66-0.25-0.230.070.670.030.68
-0.9-0.4-0.330.23-0.94-0.750.390.48-1.00.390.32-0.980.19-0.49-0.21-0.570.17-0.35-0.910.240.290.24-0.460.19-0.47
-0.42-0.35-0.66-0.29-0.32-0.470.390.21-0.410.690.38-0.47-0.1-0.93-0.22-0.89-0.34-0.64-0.520.070.580.68-0.920.38-0.92
-0.36-0.08-0.330.29-0.42-0.60.480.21-0.470.350.13-0.490.12-0.440.01-0.260.22-0.33-0.40.13-0.15-0.24-0.45-0.39-0.45
0.890.450.32-0.240.940.77-1.0-0.41-0.47-0.39-0.310.99-0.220.520.180.58-0.170.370.9-0.26-0.31-0.240.48-0.190.49
-0.28-0.03-0.54-0.01-0.32-0.450.390.690.35-0.390.41-0.430.04-0.7-0.37-0.620.05-0.48-0.47-0.080.660.34-0.710.29-0.71
-0.420.39-0.32-0.23-0.36-0.240.320.380.13-0.310.41-0.32-0.3-0.37-0.44-0.39-0.2-0.21-0.47-0.090.130.19-0.370.17-0.37
0.890.470.34-0.250.940.8-0.98-0.47-0.490.99-0.43-0.32-0.210.580.20.64-0.190.430.91-0.29-0.34-0.250.55-0.210.56
0.2-0.530.350.81-0.06-0.370.19-0.10.12-0.220.04-0.3-0.21-0.110.720.150.78-0.320.180.630.42-0.42-0.09-0.1-0.11
0.450.430.580.050.40.69-0.49-0.93-0.440.52-0.7-0.370.58-0.110.090.80.130.780.54-0.23-0.51-0.40.99-0.181.0
0.51-0.370.340.450.40.07-0.21-0.220.010.18-0.37-0.440.20.720.090.320.4-0.070.560.510.08-0.410.11-0.330.09
0.610.360.740.290.510.52-0.57-0.89-0.260.58-0.62-0.390.640.150.80.320.310.490.7-0.02-0.51-0.690.77-0.370.77
0.14-0.140.550.98-0.18-0.240.17-0.340.22-0.170.05-0.2-0.190.780.130.40.31-0.140.120.530.31-0.50.130.00.11
0.270.30.23-0.230.320.62-0.35-0.64-0.330.37-0.48-0.210.43-0.320.78-0.070.49-0.140.33-0.37-0.35-0.060.75-0.130.78
0.980.230.480.070.940.66-0.91-0.52-0.40.9-0.47-0.470.910.180.540.560.70.120.33-0.01-0.21-0.430.51-0.290.52
-0.04-0.350.080.6-0.2-0.250.240.070.13-0.26-0.08-0.09-0.290.63-0.230.51-0.020.53-0.37-0.010.26-0.2-0.24-0.25-0.25
-0.08-0.37-0.130.24-0.19-0.230.290.58-0.15-0.310.660.13-0.340.42-0.510.08-0.510.31-0.35-0.210.260.48-0.490.61-0.49
-0.39-0.14-0.48-0.52-0.240.070.240.68-0.24-0.240.340.19-0.25-0.42-0.4-0.41-0.69-0.5-0.06-0.43-0.20.48-0.360.69-0.36
0.420.410.570.050.370.67-0.46-0.92-0.450.48-0.71-0.370.55-0.090.990.110.770.130.750.51-0.24-0.49-0.36-0.141.0
-0.26-0.110.16-0.05-0.270.030.190.38-0.39-0.190.290.17-0.21-0.1-0.18-0.33-0.370.0-0.13-0.29-0.250.610.69-0.14-0.14
0.420.410.570.030.380.68-0.47-0.92-0.450.49-0.71-0.370.56-0.111.00.090.770.110.780.52-0.25-0.49-0.361.0-0.14
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Milestone Scientific Account Relationship Matchups

Milestone Scientific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M19.6M19.8M13.7M11.4M9.5M
Other Current Liab3.2M1.8M2.2M2.1M1.9M1.0M
Total Current Liabilities4.9M2.9M3.1M3.3M3.1M3.1M
Total Stockholder Equity1.7M16.2M16.4M10.2M8.0M5.7M
Property Plant And Equipment Net45.0K663.2K574.2K479.5K374.3K308.7K
Net Debt(1.5M)(13.3M)(14.2M)(8.2M)(2.6M)(2.7M)
Retained Earnings(93.5M)(100.9M)(107.7M)(116.4M)(123.3M)(117.2M)
Accounts Payable1.4M483.0K780.4K1.1M1.1M1.5M
Cash1.5M14.2M14.8M8.7M3.0M3.4M
Non Current Assets Total463.1K1.0M876.0K731.6K577.0K548.2K
Cash And Short Term Investments1.5M14.2M14.8M8.7M6.0M3.5M
Net Receivables1.7M1.1M943.3K693.7K1.7M1.2M
Common Stock Shares Outstanding45.7M63.1M68.8M70.6M72.8M76.4M
Liabilities And Stockholders Equity6.6M19.6M19.8M13.7M11.4M9.5M
Inventory1.6M2.4M1.5M1.8M2.6M1.7M
Other Stockholder Equity95.2M117.0M124.0M126.6M131.3M72.6M
Total Liab4.9M3.5M3.6M3.7M3.4M3.9M
Property Plant And Equipment Gross45.0K30.7K1.5M1.4M1.3M1.4M
Total Current Assets6.1M18.6M18.9M13.0M10.8M7.7M
Short Term Debt16.0K356.0K89.5K101.1K113.7K108.0K
Intangible Assets382.3K329.2K277.6K228.0K178.6K169.7K
Other Current Assets535.0K415.9K375.4K443.9K517.8K628.5K
Common Stock Total Equity34.6K36.3K49.4K64.2K73.8K77.5K
Non Current Liabilities Total1.7M586.6K497.0K396.0K282.3K268.2K
Common Stock49.4K64.2K68.2K69.3K75.9K79.7K
Other Assets26.9K35.9K687.3K24.2K0.90.86
Property Plant Equipment82.6K45.0K663.2K574.2K516.8K542.6K
Current Deferred Revenue2.5M521.8K340.5K242.6K279.0K495.5K
Net Tangible Assets1.1M1.3M15.9M16.1M18.5M19.4M
Noncontrolling Interest In Consolidated Entity256.7K(11.4K)(67.3K)(94.4K)(85.0K)(89.2K)
Retained Earnings Total Equity(78.6M)(86.0M)(93.5M)(100.9M)(90.8M)(95.3M)
Capital Surpluse86.7M88.4M96.1M117.9M135.6M90.5M

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