Mynaric Income Before Tax vs Research Development Analysis

0AR9 Stock

5.02 3.59 251.05%

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 Income Before Tax and its Research Development 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.

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mynaric AG Income Before Tax account and Research Development. At this time, the significance of the direction appears to have pay attention.

The correlation between Mynaric AG's Income Before Tax and Research Development is -0.94. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development 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 Income Before Tax and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Mynaric AG are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., Mynaric AG's Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Mynaric AG income statement and is an important metric when analyzing Mynaric AG profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Research Development

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Accounts Payable	Short Term Investments	Current Deferred Revenue
Total Assets		0.75	0.81	0.08	0.94	0.34	-0.88	0.77	0.98	0.24	-0.58	0.77	0.46	0.8	0.88	0.96	0.79	0.97	0.86	0.96	0.76	0.75	0.91	0.89	-0.96	0.68
Other Current Liab	0.75		0.77	-0.04	0.8	0.44	-0.82	0.31	0.84	0.3	-0.77	0.31	0.78	0.87	0.78	0.87	0.65	0.61	0.75	0.79	0.59	0.53	0.7	0.75	-0.78	0.46
Total Current Liabilities	0.81	0.77		-0.5	0.96	0.82	-0.99	0.28	0.88	0.33	-0.79	0.28	0.73	0.81	0.99	0.87	0.99	0.71	0.52	0.81	0.97	0.95	0.86	0.97	-0.72	0.92
Total Stockholder Equity	0.08	-0.04	-0.5		-0.25	-0.89	0.37	0.57	-0.03	-0.19	0.41	0.57	-0.41	-0.12	-0.39	-0.04	-0.54	0.19	0.44	0.06	-0.58	-0.58	-0.15	-0.35	-0.2	-0.65
Property Plant And Equipment Net	0.94	0.8	0.96	-0.25		0.65	-0.98	0.5	0.97	0.28	-0.72	0.5	0.61	0.85	0.98	0.97	0.94	0.85	0.7	0.91	0.91	0.9	0.94	0.98	-0.88	0.85
Net Debt	0.34	0.44	0.82	-0.89	0.65		-0.73	-0.28	0.46	0.25	-0.64	-0.28	0.61	0.49	0.74	0.47	0.83	0.2	-0.02	0.35	0.84	0.84	0.53	0.7	-0.24	0.86
Retained Earnings	-0.88	-0.82	-0.99	0.37	-0.98	-0.73		-0.39	-0.93	-0.31	0.78	-0.39	-0.7	-0.87	-0.99	-0.93	-0.96	-0.78	-0.63	-0.88	-0.94	-0.91	-0.91	-0.98	0.8	-0.87
Cash	0.77	0.31	0.28	0.57	0.5	-0.28	-0.39		0.63	0.09	-0.12	1.0	0.0	0.43	0.39	0.59	0.3	0.88	0.79	0.71	0.28	0.29	0.56	0.44	-0.75	0.22
Non Current Assets Total	0.98	0.84	0.88	-0.03	0.97	0.46	-0.93	0.63		0.31	-0.68	0.63	0.58	0.86	0.93	0.99	0.84	0.91	0.85	0.94	0.8	0.78	0.92	0.93	-0.96	0.72
Non Currrent Assets Other	0.24	0.3	0.33	-0.19	0.28	0.25	-0.31	0.09	0.31		-0.76	0.07	0.41	0.32	0.35	0.32	0.32	0.23	0.29	0.06	0.26	0.3	0.32	0.32	-0.35	0.3
Other Assets	-0.58	-0.77	-0.79	0.41	-0.72	-0.64	0.78	-0.12	-0.68	-0.76		-0.12	-0.83	-0.74	-0.78	-0.71	-0.73	-0.48	-0.48	-0.52	-0.69	-0.67	-0.64	-0.73	0.61	-0.64
Cash And Short Term Investments	0.77	0.31	0.28	0.57	0.5	-0.28	-0.39	1.0	0.63	0.07	-0.12		0.0	0.43	0.39	0.59	0.29	0.88	0.79	0.71	0.28	0.28	0.56	0.44	-0.74	0.22
Net Receivables	0.46	0.78	0.73	-0.41	0.61	0.61	-0.7	0.0	0.58	0.41	-0.83	0.0		0.65	0.68	0.57	0.64	0.35	0.39	0.52	0.62	0.55	0.4	0.59	-0.45	0.54
Common Stock Shares Outstanding	0.8	0.87	0.81	-0.12	0.85	0.49	-0.87	0.43	0.86	0.32	-0.74	0.43	0.65		0.84	0.88	0.74	0.7	0.78	0.81	0.69	0.66	0.8	0.83	-0.8	0.6
Inventory	0.88	0.78	0.99	-0.39	0.98	0.74	-0.99	0.39	0.93	0.35	-0.78	0.39	0.68	0.84		0.92	0.98	0.78	0.62	0.86	0.95	0.94	0.92	0.99	-0.8	0.9
Other Stockholder Equity	0.96	0.87	0.87	-0.04	0.97	0.47	-0.93	0.59	0.99	0.32	-0.71	0.59	0.57	0.88	0.92		0.83	0.88	0.83	0.93	0.78	0.77	0.93	0.93	-0.95	0.69
Total Liab	0.79	0.65	0.99	-0.54	0.94	0.83	-0.96	0.3	0.84	0.32	-0.73	0.29	0.64	0.74	0.98	0.83		0.71	0.45	0.77	0.99	0.99	0.86	0.96	-0.68	0.97
Total Current Assets	0.97	0.61	0.71	0.19	0.85	0.2	-0.78	0.88	0.91	0.23	-0.48	0.88	0.35	0.7	0.78	0.88	0.71		0.84	0.93	0.68	0.68	0.86	0.81	-0.92	0.62
Intangible Assets	0.86	0.75	0.52	0.44	0.7	-0.02	-0.63	0.79	0.85	0.29	-0.48	0.79	0.39	0.78	0.62	0.83	0.45	0.84		0.81	0.39	0.37	0.7	0.63	-0.94	0.28
Common Stock	0.96	0.79	0.81	0.06	0.91	0.35	-0.88	0.71	0.94	0.06	-0.52	0.71	0.52	0.81	0.86	0.93	0.77	0.93	0.81		0.75	0.71	0.86	0.87	-0.89	0.64
Short Long Term Debt Total	0.76	0.59	0.97	-0.58	0.91	0.84	-0.94	0.28	0.8	0.26	-0.69	0.28	0.62	0.69	0.95	0.78	0.99	0.68	0.39	0.75		0.99	0.83	0.94	-0.63	0.98
Non Current Liabilities Total	0.75	0.53	0.95	-0.58	0.9	0.84	-0.91	0.29	0.78	0.3	-0.67	0.28	0.55	0.66	0.94	0.77	0.99	0.68	0.37	0.71	0.99		0.83	0.93	-0.63	0.99
Other Current Assets	0.91	0.7	0.86	-0.15	0.94	0.53	-0.91	0.56	0.92	0.32	-0.64	0.56	0.4	0.8	0.92	0.93	0.86	0.86	0.7	0.86	0.83	0.83		0.96	-0.85	0.78
Accounts Payable	0.89	0.75	0.97	-0.35	0.98	0.7	-0.98	0.44	0.93	0.32	-0.73	0.44	0.59	0.83	0.99	0.93	0.96	0.81	0.63	0.87	0.94	0.93	0.96		-0.81	0.89
Short Term Investments	-0.96	-0.78	-0.72	-0.2	-0.88	-0.24	0.8	-0.75	-0.96	-0.35	0.61	-0.74	-0.45	-0.8	-0.8	-0.95	-0.68	-0.92	-0.94	-0.89	-0.63	-0.63	-0.85	-0.81		-0.54
Current Deferred Revenue	0.68	0.46	0.92	-0.65	0.85	0.86	-0.87	0.22	0.72	0.3	-0.64	0.22	0.54	0.6	0.9	0.69	0.97	0.62	0.28	0.64	0.98	0.99	0.78	0.89	-0.54

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Mynaric AG Account Relationship Matchups

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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Mynaric Income Before Tax vs Research Development Analysis

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

Correlation Coefficient

Income Before Tax

Research Development

Mynaric AG fundamental ratios Correlations

Mynaric AG Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mynaric AG fundamental ratios Accounts

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Additional Tools for Mynaric Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Non Current Assets Total
Accounts Payable	+ 0.99	Inventory
Short Long Term Debt Total	+ 0.99	Total Liab

Inventory	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Total Current Liabilities
Accounts Payable	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Property Plant And Equipment Net
Short Term Investments	- 0.96	Non Current Assets Total
Total Liab	- 0.96	Retained Earnings