Mynaric Selling And Marketing Expenses vs Ebit 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 Selling And Marketing Expenses and its Ebit 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.
Selling And Marketing Expenses vs Ebit
Selling And Marketing Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mynaric AG Selling And Marketing Expenses account and Ebit. At this time, the significance of the direction appears to have pay attention.
The correlation between Mynaric AG's Selling And Marketing Expenses and Ebit is -0.81. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Ebit 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 Selling And Marketing Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Mynaric AG are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Selling And Marketing Expenses i.e., Mynaric AG's Selling And Marketing Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Selling And Marketing Expenses
Ebit
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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