Miracll Depreciation vs Dividends Paid Analysis

300848 Stock   16.77  0.03  0.18%   
Miracll Chemicals financial indicator trend analysis is infinitely more than just investigating Miracll Chemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Miracll Chemicals is a good investment. Please check the relationship between Miracll Chemicals Depreciation and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Miracll Chemicals Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miracll Chemicals Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Miracll Chemicals' Depreciation and Dividends Paid is 0.85. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Miracll Chemicals Co, assuming nothing else is changed. The correlation between historical values of Miracll Chemicals' Depreciation and Dividends Paid 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 of Miracll Chemicals Co are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Miracll Chemicals' Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation

Depreciation indicates how much of Miracll Chemicals value has been used up. For tax purposes Miracll Chemicals can deduct the cost of the tangible assets it purchases as business expenses. However, Miracll Chemicals Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Miracll Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Miracll Chemicals 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 Miracll Chemicals Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of January 30, 2025, Tax Provision is expected to decline to about 1.4 M. In addition to that, Selling General Administrative is expected to decline to about 19.6 M
 2022 2023 2024 2025 (projected)
Gross Profit200.3M207.1M238.2M165.6M
Total Revenue1.5B1.5B1.7B977.1M

Miracll Chemicals fundamental ratios Correlations

0.750.990.980.96-0.630.970.990.990.980.730.970.990.950.740.990.980.940.990.930.940.930.990.930.530.97
0.750.740.720.73-0.540.670.720.740.750.560.710.750.690.570.750.720.760.760.720.720.670.790.70.090.75
0.990.740.970.95-0.660.971.00.990.970.780.970.990.970.680.980.980.920.990.910.920.920.990.920.530.95
0.980.720.970.9-0.730.990.960.960.920.770.990.960.960.80.941.00.90.960.840.980.850.970.850.520.99
0.960.730.950.9-0.420.880.940.970.990.550.870.970.840.690.990.890.920.970.990.850.990.940.990.520.89
-0.63-0.54-0.66-0.73-0.42-0.75-0.66-0.61-0.5-0.85-0.76-0.6-0.77-0.46-0.53-0.74-0.61-0.61-0.32-0.71-0.34-0.67-0.33-0.36-0.74
0.970.670.970.990.88-0.750.960.960.920.790.980.960.960.750.930.990.920.950.830.950.850.970.830.590.99
0.990.721.00.960.94-0.660.960.980.960.790.970.980.970.670.980.980.890.980.90.920.910.980.910.530.94
0.990.740.990.960.97-0.610.960.980.990.70.941.00.930.70.990.960.961.00.940.910.950.980.940.550.96
0.980.750.970.920.99-0.50.920.960.990.620.90.990.880.680.990.920.950.990.980.870.980.960.980.540.93
0.730.560.780.770.55-0.850.790.790.70.620.830.710.90.360.670.810.640.70.480.720.490.790.490.350.76
0.970.710.970.990.87-0.760.980.970.940.90.830.940.980.770.921.00.870.940.810.980.820.970.820.470.97
0.990.750.990.960.97-0.60.960.981.00.990.710.940.930.70.990.960.961.00.940.910.950.980.940.580.96
0.950.690.970.960.84-0.770.960.970.930.880.90.980.930.640.910.980.860.930.790.920.80.960.790.480.94
0.740.570.680.80.69-0.460.750.670.70.680.360.770.70.640.690.770.620.690.660.890.640.710.670.240.76
0.990.750.980.940.99-0.530.930.980.990.990.670.920.990.910.690.940.920.990.970.890.970.970.970.510.92
0.980.720.981.00.89-0.740.990.980.960.920.811.00.960.980.770.940.890.960.850.970.850.980.850.490.97
0.940.760.920.90.92-0.610.920.890.960.950.640.870.960.860.620.920.890.960.880.830.90.940.870.590.95
0.990.760.990.960.97-0.610.950.981.00.990.70.941.00.930.690.990.960.960.940.90.950.980.940.550.95
0.930.720.910.840.99-0.320.830.90.940.980.480.810.940.790.660.970.850.880.940.80.990.91.00.460.83
0.940.720.920.980.85-0.710.950.920.910.870.720.980.910.920.890.890.970.830.90.80.80.930.810.410.95
0.930.670.920.850.99-0.340.850.910.950.980.490.820.950.80.640.970.850.90.950.990.80.90.990.570.85
0.990.790.990.970.94-0.670.970.980.980.960.790.970.980.960.710.970.980.940.980.90.930.90.90.460.97
0.930.70.920.850.99-0.330.830.910.940.980.490.820.940.790.670.970.850.870.941.00.810.990.90.480.83
0.530.090.530.520.52-0.360.590.530.550.540.350.470.580.480.240.510.490.590.550.460.410.570.460.480.55
0.970.750.950.990.89-0.740.990.940.960.930.760.970.960.940.760.920.970.950.950.830.950.850.970.830.55
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Miracll Chemicals Account Relationship Matchups

Miracll Chemicals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.0B1.7B1.9B3.4B3.9B4.1B
Other Current Liab24.0M24.5M72.1M88.3M101.5M106.6M
Total Current Liabilities243.3M711.3M652.0M1.1B1.3B1.3B
Total Stockholder Equity783.0M888.8M973.5M1.3B1.5B1.5B
Property Plant And Equipment Net170.0M170.9M413.6M1.4B1.6B1.7B
Net Debt(188.5M)(343.7M)(421.3M)(211.4M)(190.2M)(199.7M)
Retained Earnings245.3M339.3M412.8M471.8M542.5M569.7M
Accounts Payable196.7M633.5M458.5M873.0M1.0B1.1B
Cash197.5M371.1M556.9M920.5M1.1B1.1B
Non Current Assets Total199.5M382.7M785.6M1.7B2.0B2.1B
Non Currrent Assets Other2.8M183.4M121.2M82.9M95.3M100.1M
Cash And Short Term Investments538.2M827.2M680.2M920.5M1.1B1.1B
Net Receivables55.5M110.7M161.3M266.3M306.2M321.5M
Liabilities And Stockholders Equity1.0B1.7B1.9B3.4B3.9B4.1B
Inventory94.6M342.2M257.5M315.4M362.7M380.8M
Other Current Assets150.6M25.2M30.5M85.1M97.9M102.8M
Total Liab255.4M724.0M715.7M1.9B2.1B2.2B
Total Current Assets838.9M1.3B1.1B1.6B1.9B1.9B
Intangible Assets25.7M26.1M243.6M239.0M274.9M288.6M
Common Stock66.7M133.3M200.0M318.6M366.4M384.7M
Non Current Liabilities Total12.1M12.7M63.7M754.2M867.3M910.6M
Other Stockholder Equity435.1M368.4M301.7M484.3M556.9M584.8M
Short Long Term Debt Total9.0M27.5M135.6M709.1M815.5M856.3M
Current Deferred Revenue13.6M26.1M29.2M39.8M45.7M48.0M
Short Term Debt9.0M27.2M92.3M98.9M113.7M57.0M
Other Liab5.2M12.1M12.5M20.3M23.4M24.5M
Net Tangible Assets234.1M757.3M862.7M729.9M839.3M531.3M
Net Invested Capital792.0M915.9M1.1B2.0B2.2B2.4B
Net Working Capital595.6M594.0M477.4M510.5M587.1M364.6M
Property Plant Equipment153.0M170.0M170.9M413.6M475.7M499.4M
Capital Stock66.7M133.3M200.0M318.6M366.4M384.7M
Property Plant And Equipment Gross223.7M245.7M512.8M1.5B1.7B1.8B

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Other Information on Investing in Miracll Stock

Balance Sheet is a snapshot of the financial position of Miracll Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Miracll Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Miracll Chemicals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Miracll currently owns. An asset can also be divided into two categories, current and non-current.