Mynaric Interest Expense 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 Interest Expense 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.

Interest Expense vs Research Development

Interest Expense vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mynaric AG Interest Expense account and Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mynaric AG's Interest Expense and Research Development is 0.75. Overlapping area represents the amount of variation of Interest Expense 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 Interest Expense 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 Interest Expense 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 Interest Expense i.e., Mynaric AG's Interest Expense and Research Development go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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

0.750.810.080.940.34-0.880.770.980.24-0.580.770.460.80.880.960.790.970.860.960.760.750.910.89-0.960.68
0.750.77-0.040.80.44-0.820.310.840.3-0.770.310.780.870.780.870.650.610.750.790.590.530.70.75-0.780.46
0.810.77-0.50.960.82-0.990.280.880.33-0.790.280.730.810.990.870.990.710.520.810.970.950.860.97-0.720.92
0.08-0.04-0.5-0.25-0.890.370.57-0.03-0.190.410.57-0.41-0.12-0.39-0.04-0.540.190.440.06-0.58-0.58-0.15-0.35-0.2-0.65
0.940.80.96-0.250.65-0.980.50.970.28-0.720.50.610.850.980.970.940.850.70.910.910.90.940.98-0.880.85
0.340.440.82-0.890.65-0.73-0.280.460.25-0.64-0.280.610.490.740.470.830.2-0.020.350.840.840.530.7-0.240.86
-0.88-0.82-0.990.37-0.98-0.73-0.39-0.93-0.310.78-0.39-0.7-0.87-0.99-0.93-0.96-0.78-0.63-0.88-0.94-0.91-0.91-0.980.8-0.87
0.770.310.280.570.5-0.28-0.390.630.09-0.121.00.00.430.390.590.30.880.790.710.280.290.560.44-0.750.22
0.980.840.88-0.030.970.46-0.930.630.31-0.680.630.580.860.930.990.840.910.850.940.80.780.920.93-0.960.72
0.240.30.33-0.190.280.25-0.310.090.31-0.760.070.410.320.350.320.320.230.290.060.260.30.320.32-0.350.3
-0.58-0.77-0.790.41-0.72-0.640.78-0.12-0.68-0.76-0.12-0.83-0.74-0.78-0.71-0.73-0.48-0.48-0.52-0.69-0.67-0.64-0.730.61-0.64
0.770.310.280.570.5-0.28-0.391.00.630.07-0.120.00.430.390.590.290.880.790.710.280.280.560.44-0.740.22
0.460.780.73-0.410.610.61-0.70.00.580.41-0.830.00.650.680.570.640.350.390.520.620.550.40.59-0.450.54
0.80.870.81-0.120.850.49-0.870.430.860.32-0.740.430.650.840.880.740.70.780.810.690.660.80.83-0.80.6
0.880.780.99-0.390.980.74-0.990.390.930.35-0.780.390.680.840.920.980.780.620.860.950.940.920.99-0.80.9
0.960.870.87-0.040.970.47-0.930.590.990.32-0.710.590.570.880.920.830.880.830.930.780.770.930.93-0.950.69
0.790.650.99-0.540.940.83-0.960.30.840.32-0.730.290.640.740.980.830.710.450.770.990.990.860.96-0.680.97
0.970.610.710.190.850.2-0.780.880.910.23-0.480.880.350.70.780.880.710.840.930.680.680.860.81-0.920.62
0.860.750.520.440.7-0.02-0.630.790.850.29-0.480.790.390.780.620.830.450.840.810.390.370.70.63-0.940.28
0.960.790.810.060.910.35-0.880.710.940.06-0.520.710.520.810.860.930.770.930.810.750.710.860.87-0.890.64
0.760.590.97-0.580.910.84-0.940.280.80.26-0.690.280.620.690.950.780.990.680.390.750.990.830.94-0.630.98
0.750.530.95-0.580.90.84-0.910.290.780.3-0.670.280.550.660.940.770.990.680.370.710.990.830.93-0.630.99
0.910.70.86-0.150.940.53-0.910.560.920.32-0.640.560.40.80.920.930.860.860.70.860.830.830.96-0.850.78
0.890.750.97-0.350.980.7-0.980.440.930.32-0.730.440.590.830.990.930.960.810.630.870.940.930.96-0.810.89
-0.96-0.78-0.72-0.2-0.88-0.240.8-0.75-0.96-0.350.61-0.74-0.45-0.8-0.8-0.95-0.68-0.92-0.94-0.89-0.63-0.63-0.85-0.81-0.54
0.680.460.92-0.650.850.86-0.870.220.720.3-0.640.220.540.60.90.690.970.620.280.640.980.990.780.89-0.54
Click cells to compare fundamentals

Mynaric AG Account Relationship Matchups

Mynaric AG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.6M91.5M111.7M83.9M119.1M125.0M
Other Current Liab2.0M4.8M7.7M22.7M11.2M11.8M
Total Current Liabilities3.8M8.9M13.7M43.2M74.9M78.6M
Total Stockholder Equity21.7M70.7M84.9M27.8M(49.3M)(46.8M)
Property Plant And Equipment Net10.7M18.0M25.6M31.1M49.1M51.6M
Net Debt(2.2M)(35.2M)(39.1M)11.8M64.1M67.3M
Retained Earnings(27.5M)(47.3M)(92.8M)(166.5M)(260.1M)(247.1M)
Cash8.9M43.2M48.1M10.2M24.0M17.7M
Non Current Assets Total10.7M41.2M49.6M53.5M63.6M66.8M
Non Currrent Assets Other(10.7M)359K411K449K1.2M1.3M
Cash And Short Term Investments9.7M43.2M48.1M10.4M24.0M17.9M
Net Receivables(1.1M)550K(1.1M)3.3M2.0M2.1M
Common Stock Shares Outstanding2.9M3.3M4.3M5.4M6.0M3.8M
Liabilities And Stockholders Equity34.5M91.5M111.7M83.9M119.1M125.0M
Inventory1.3M5.3M8.5M13.3M22.7M23.8M
Other Stockholder Equity45.5M108.2M172.6M189.3M204.0M214.2M
Total Liab9.8M20.8M26.8M56.1M168.4M176.8M
Total Current Assets11.9M50.3M62.1M30.4M55.4M58.2M
Accumulated Other Comprehensive Income(53K)5.8M(184K)(595K)531K504.5K
Intangible Assets85K17.9M20.0M18.1M13.3M7.5M
Common Stock2.9M4.0M5.2M5.7M6.2M6.5M
Non Current Liabilities Total6.1M11.9M13.1M12.9M104.8M110.1M
Other Current Assets987K1.3M6.5M3.3M6.8M7.2M
Accounts Payable1.2M1.7M4.4M4.2M7.6M8.0M
Short Term Investments782K77K48K172K154.8K147.1K

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