Mannatech Depreciation And Amortization vs Selling General Administrative Analysis

MTEX Stock  USD 7.86  0.02  0.25%   
Mannatech Incorporated financial indicator trend analysis is infinitely more than just investigating Mannatech Incorporated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mannatech Incorporated is a good investment. Please check the relationship between Mannatech Incorporated Depreciation And Amortization and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Mannatech Stock please use our How to Invest in Mannatech Incorporated guide.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mannatech Incorporated Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mannatech Incorporated's Depreciation And Amortization and Selling General Administrative is -0.23. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Mannatech Incorporated, assuming nothing else is changed. The correlation between historical values of Mannatech Incorporated's Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Mannatech Incorporated are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Mannatech Incorporated's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

Most indicators from Mannatech Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mannatech Incorporated 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 Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Mannatech Stock please use our How to Invest in Mannatech Incorporated guide.At this time, Mannatech Incorporated's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.37 in 2024, whereas Tax Provision is likely to drop slightly above 2.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit125.6M104.1M102.9M103.7M
Total Revenue159.8M137.2M132.0M169.3M

Mannatech Incorporated fundamental ratios Correlations

-0.240.280.710.91-0.61-0.890.440.010.910.540.80.910.350.460.01-0.080.180.780.620.93-0.060.51-0.360.270.67
-0.24-0.36-0.05-0.380.470.56-0.19-0.13-0.45-0.07-0.66-0.45-0.2-0.330.040.07-0.020.0-0.03-0.040.31-0.090.93-0.28-0.2
0.28-0.360.380.160.02-0.25-0.510.360.210.180.250.210.230.360.320.350.010.360.460.22-0.42-0.21-0.360.540.22
0.71-0.050.380.39-0.35-0.440.110.350.460.420.460.460.040.020.140.120.450.490.920.780.21-0.010.010.190.23
0.91-0.380.160.39-0.67-0.960.51-0.060.980.40.850.980.40.66-0.21-0.18-0.080.740.250.77-0.30.72-0.560.270.82
-0.610.470.02-0.35-0.670.72-0.30.24-0.70.14-0.7-0.7-0.13-0.20.13-0.19-0.27-0.5-0.25-0.590.03-0.250.48-0.15-0.39
-0.890.56-0.25-0.44-0.960.72-0.510.03-0.99-0.39-0.91-0.99-0.31-0.590.140.20.01-0.63-0.33-0.730.29-0.60.67-0.34-0.73
0.44-0.19-0.510.110.51-0.3-0.51-0.240.520.440.460.520.01-0.01-0.15-0.570.15-0.040.040.310.240.5-0.22-0.010.2
0.01-0.130.360.35-0.060.240.03-0.24-0.050.180.1-0.050.130.16-0.35-0.01-0.14-0.030.17-0.03-0.180.08-0.060.00.15
0.91-0.450.210.460.98-0.7-0.990.52-0.050.40.871.00.30.58-0.15-0.2-0.020.680.340.77-0.270.64-0.580.320.76
0.54-0.070.180.420.40.14-0.390.440.180.40.490.40.320.140.27-0.520.00.140.470.350.160.21-0.11-0.170.26
0.8-0.660.250.460.85-0.7-0.910.460.10.870.490.870.270.48-0.08-0.190.070.460.370.58-0.160.42-0.730.150.61
0.91-0.450.210.460.98-0.7-0.990.52-0.051.00.40.870.30.58-0.15-0.2-0.020.680.340.77-0.270.64-0.580.320.76
0.35-0.20.230.040.4-0.13-0.310.010.130.30.320.270.30.310.110.17-0.030.360.080.24-0.070.37-0.250.010.3
0.46-0.330.360.020.66-0.2-0.59-0.010.160.580.140.480.580.31-0.48-0.2-0.610.68-0.180.35-0.790.66-0.610.250.85
0.010.040.320.14-0.210.130.14-0.15-0.35-0.150.27-0.08-0.150.11-0.480.370.61-0.190.52-0.030.54-0.580.170.14-0.53
-0.080.070.350.12-0.18-0.190.2-0.57-0.01-0.2-0.52-0.19-0.20.17-0.20.370.540.160.250.050.15-0.380.130.39-0.25
0.18-0.020.010.45-0.08-0.270.010.15-0.14-0.020.00.07-0.02-0.03-0.610.610.54-0.120.630.250.76-0.410.170.3-0.53
0.780.00.360.490.74-0.5-0.63-0.04-0.030.680.140.460.680.360.68-0.190.16-0.120.350.84-0.380.51-0.220.270.76
0.62-0.030.460.920.25-0.25-0.330.040.170.340.470.370.340.08-0.180.520.250.630.350.660.39-0.240.080.22-0.01
0.93-0.040.220.780.77-0.59-0.730.31-0.030.770.350.580.770.240.35-0.030.050.250.840.660.010.44-0.140.280.56
-0.060.31-0.420.21-0.30.030.290.24-0.18-0.270.16-0.16-0.27-0.07-0.790.540.150.76-0.380.390.01-0.380.52-0.24-0.69
0.51-0.09-0.21-0.010.72-0.25-0.60.50.080.640.210.420.640.370.66-0.58-0.38-0.410.51-0.240.44-0.38-0.330.050.75
-0.360.93-0.360.01-0.560.480.67-0.22-0.06-0.58-0.11-0.73-0.58-0.25-0.610.170.130.17-0.220.08-0.140.52-0.33-0.3-0.47
0.27-0.280.540.190.27-0.15-0.34-0.010.00.32-0.170.150.320.010.250.140.390.30.270.220.28-0.240.05-0.30.11
0.67-0.20.220.230.82-0.39-0.730.20.150.760.260.610.760.30.85-0.53-0.25-0.530.76-0.010.56-0.690.75-0.470.11
Click cells to compare fundamentals

Mannatech Incorporated Account Relationship Matchups

Mannatech Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets62.9M65.3M59.6M49.1M41.2M57.2M
Short Long Term Debt Total1.4M758K339K412K5.7M6.0M
Other Current Liab20.1M17.6M17.3M15.2M13.3M16.2M
Total Current Liabilities28.9M32.0M30.1M29.8M25.8M34.6M
Total Stockholder Equity27.3M26.0M24.4M14.2M10.5M10.0M
Property Plant And Equipment Net6.1M5.4M4.2M3.8M7.5M10.2M
Net Debt(23.4M)(21.4M)(23.8M)(13.4M)(2.0M)(2.1M)
Retained Earnings(690K)2.2M7.7M1.7M(1.3M)(1.2M)
Accounts Payable3.5M4.8M4.0M4.4M4.0M4.8M
Cash24.8M22.2M24.2M13.8M7.7M7.3M
Non Current Assets Total21.9M22.9M16.8M14.2M13.5M19.5M
Non Currrent Assets Other9.4M11.8M9.0M8.2M3.6M3.4M
Cash And Short Term Investments24.8M22.2M24.2M13.8M7.7M7.3M
Net Receivables1.2M1.2M432K641K556K528.2K
Common Stock Shares Outstanding2.4M2.3M2.1M1.9M1.9M2.0M
Liabilities And Stockholders Equity62.9M65.3M59.6M49.1M41.2M57.2M
Non Current Liabilities Total6.8M7.4M5.1M5.1M4.9M5.1M
Inventory10.2M12.8M12.0M14.7M14.9M11.9M
Other Current Assets2.2M6.2M6.2M5.8M4.4M4.9M
Other Stockholder Equity24.2M18.6M14.4M12.7M12.8M25.2M
Total Liab35.6M39.4M35.2M35.0M30.7M39.6M
Total Current Assets41.0M42.5M42.8M35.0M27.7M51.7M
Short Term Debt826K2.7M1.8M1.9M2.2M2.3M
Property Plant And Equipment Gross6.1M4.5M4.2M3.8M61.4M64.4M
Accumulated Other Comprehensive Income3.8M5.2M2.3M(208K)(1.0M)(964.3K)
Other Liab910K1.1M5.0M873K1.0M953.8K
Other Assets10M77K20K39K44.9K42.6K
Treasury Stock(4.9M)(10.2M)(9.9M)(15.2M)(13.7M)(14.4M)
Property Plant Equipment6.2M12.3M4.2M8.4M7.6M10.7M
Current Deferred Revenue4.4M5.5M4.9M5.1M4.8M5.1M
Net Tangible Assets27.3M25.8M24.4M14.0M12.6M24.2M
Retained Earnings Total Equity4.2M(2.8M)(690K)2.2M2.0M3.1M
Long Term Debt Total144K972K576K129K116.1K110.3K
Capital Surpluse34.9M33.9M34.1M33.8M30.4M31.2M
Capital Lease Obligations176K205K134K1.7M5.5M5.8M
Non Current Liabilities Other6.2M7.2M5.0M5.0M(14K)(13.3K)

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