Mynaric Cost Of Revenue vs Total Other Income Expense Net Analysis
0AR9 Stock | 5.06 0.06 1.17% |
Mynaric AG financial indicator trend analysis is infinitely more than just investigating Mynaric AG recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mynaric AG is a good investment. Please check the relationship between Mynaric AG Cost Of Revenue and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mynaric AG. 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.
Cost Of Revenue vs Total Other Income Expense Net
Cost Of Revenue vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mynaric AG Cost Of Revenue account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mynaric AG's Cost Of Revenue and Total Other Income Expense Net is -0.17. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Mynaric AG, assuming nothing else is changed. The correlation between historical values of Mynaric AG's Cost Of Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Mynaric AG are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Cost Of Revenue i.e., Mynaric AG's Cost Of Revenue and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Mynaric AG income statement and represents the costs associated with goods and services Mynaric AG provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Other Income Expense Net
Most indicators from Mynaric AG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mynaric AG 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Mynaric AG. 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. Selling General Administrative is likely to drop to about 26.1 M in 2024
Mynaric AG fundamental ratios Correlations
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Mynaric AG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mynaric AG fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.6M | 91.5M | 111.7M | 83.9M | 119.1M | 125.0M | |
Other Current Liab | 2.0M | 4.8M | 7.7M | 22.7M | 11.2M | 11.8M | |
Total Current Liabilities | 3.8M | 8.9M | 13.7M | 43.2M | 74.9M | 78.6M | |
Total Stockholder Equity | 21.7M | 70.7M | 84.9M | 27.8M | (49.3M) | (46.8M) | |
Property Plant And Equipment Net | 10.7M | 18.0M | 25.6M | 31.1M | 49.1M | 51.6M | |
Net Debt | (2.2M) | (35.2M) | (39.1M) | 11.8M | 64.1M | 67.3M | |
Retained Earnings | (27.5M) | (47.3M) | (92.8M) | (166.5M) | (260.1M) | (247.1M) | |
Cash | 8.9M | 43.2M | 48.1M | 10.2M | 24.0M | 17.7M | |
Non Current Assets Total | 10.7M | 41.2M | 49.6M | 53.5M | 63.6M | 66.8M | |
Non Currrent Assets Other | (10.7M) | 359K | 411K | 449K | 1.2M | 1.3M | |
Cash And Short Term Investments | 9.7M | 43.2M | 48.1M | 10.4M | 24.0M | 17.9M | |
Net Receivables | (1.1M) | 550K | (1.1M) | 3.3M | 2.0M | 2.1M | |
Common Stock Shares Outstanding | 2.9M | 3.3M | 4.3M | 5.4M | 6.0M | 3.8M | |
Liabilities And Stockholders Equity | 34.5M | 91.5M | 111.7M | 83.9M | 119.1M | 125.0M | |
Inventory | 1.3M | 5.3M | 8.5M | 13.3M | 22.7M | 23.8M | |
Other Stockholder Equity | 45.5M | 108.2M | 172.6M | 189.3M | 204.0M | 214.2M | |
Total Liab | 9.8M | 20.8M | 26.8M | 56.1M | 168.4M | 176.8M | |
Total Current Assets | 11.9M | 50.3M | 62.1M | 30.4M | 55.4M | 58.2M | |
Accumulated Other Comprehensive Income | (53K) | 5.8M | (184K) | (595K) | 531K | 504.5K | |
Intangible Assets | 85K | 17.9M | 20.0M | 18.1M | 13.3M | 7.5M | |
Common Stock | 2.9M | 4.0M | 5.2M | 5.7M | 6.2M | 6.5M | |
Non Current Liabilities Total | 6.1M | 11.9M | 13.1M | 12.9M | 104.8M | 110.1M | |
Other Current Assets | 987K | 1.3M | 6.5M | 3.3M | 6.8M | 7.2M | |
Accounts Payable | 1.2M | 1.7M | 4.4M | 4.2M | 7.6M | 8.0M | |
Short Term Investments | 782K | 77K | 48K | 172K | 154.8K | 147.1K |
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