Miracll Long Term Debt vs Net Debt Analysis

300848 Stock

18.38 0.55 2.91%

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 Long Term Debt and its Net Debt 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.

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miracll Chemicals Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Miracll Chemicals' Long Term Debt and Net Debt is -0.34. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt 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' Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Miracll Chemicals Co are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Miracll Chemicals' Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Miracll Chemicals has held for over one year. Long-term debt appears on Miracll Chemicals Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Miracll Chemicals Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 November 27, 2024, Tax Provision is expected to decline to about 1.6 M. In addition to that, Selling General Administrative is expected to decline to about 20.7 M

	2021	2022	2023	2024 (projected)
Gross Profit	204.1M	200.3M	207.1M	165.6M
Total Revenue	1.3B	1.5B	1.5B	977.1M

Gross Profit Total Revenue

Miracll Chemicals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Non Current Liabilities Total	Other Stockholder Equity	Short Long Term Debt Total	Current Deferred Revenue	Long Term Debt	Short Term Debt	Other Liab
Total Assets		0.67	0.99	0.97	0.94	-0.71	0.96	0.98	0.99	0.97	0.61	0.96	0.99	0.93	0.67	0.98	0.97	0.91	0.99	0.89	0.92	0.9	0.99	0.9	0.44	0.98
Other Current Liab	0.67		0.65	0.63	0.64	-0.56	0.57	0.62	0.66	0.67	0.42	0.62	0.67	0.6	0.46	0.66	0.64	0.68	0.68	0.63	0.64	0.56	0.73	0.6	-0.08	0.68
Total Current Liabilities	0.99	0.65		0.96	0.92	-0.74	0.96	1.0	0.98	0.95	0.68	0.96	0.98	0.96	0.59	0.98	0.97	0.89	0.98	0.86	0.89	0.87	0.98	0.87	0.45	0.95
Total Stockholder Equity	0.97	0.63	0.96		0.85	-0.81	0.99	0.95	0.95	0.89	0.67	0.99	0.95	0.95	0.75	0.91	0.99	0.86	0.94	0.77	0.97	0.78	0.96	0.78	0.44	0.98
Property Plant And Equipment Net	0.94	0.64	0.92	0.85		-0.46	0.84	0.9	0.96	0.99	0.35	0.81	0.96	0.78	0.6	0.98	0.84	0.89	0.96	0.99	0.79	0.99	0.9	0.99	0.44	0.89
Net Debt	-0.71	-0.56	-0.74	-0.81	-0.46		-0.82	-0.73	-0.69	-0.56	-0.85	-0.84	-0.68	-0.84	-0.46	-0.59	-0.81	-0.67	-0.69	-0.33	-0.76	-0.36	-0.75	-0.34	-0.34	-0.77
Retained Earnings	0.96	0.57	0.96	0.99	0.84	-0.82		0.95	0.95	0.89	0.7	0.98	0.95	0.95	0.68	0.9	0.98	0.88	0.94	0.75	0.94	0.78	0.95	0.76	0.53	0.98
Accounts Payable	0.98	0.62	1.0	0.95	0.9	-0.73	0.95		0.97	0.93	0.69	0.96	0.97	0.96	0.58	0.97	0.97	0.85	0.97	0.85	0.89	0.86	0.97	0.86	0.44	0.93
Cash	0.99	0.66	0.98	0.95	0.96	-0.69	0.95	0.97		0.98	0.57	0.92	0.99	0.91	0.61	0.99	0.94	0.94	1.0	0.9	0.87	0.92	0.97	0.91	0.48	0.96
Non Current Assets Total	0.97	0.67	0.95	0.89	0.99	-0.56	0.89	0.93	0.98		0.45	0.86	0.98	0.84	0.59	0.99	0.89	0.93	0.98	0.96	0.82	0.97	0.94	0.96	0.46	0.93
Non Currrent Assets Other	0.61	0.42	0.68	0.67	0.35	-0.85	0.7	0.69	0.57	0.45		0.75	0.58	0.84	0.19	0.53	0.72	0.5	0.57	0.26	0.61	0.27	0.69	0.27	0.26	0.62
Cash And Short Term Investments	0.96	0.62	0.96	0.99	0.81	-0.84	0.98	0.96	0.92	0.86	0.75		0.92	0.97	0.71	0.9	1.0	0.81	0.92	0.73	0.97	0.73	0.96	0.75	0.38	0.95
Net Receivables	0.99	0.67	0.98	0.95	0.96	-0.68	0.95	0.97	0.99	0.98	0.58	0.92		0.91	0.61	0.98	0.94	0.94	0.99	0.9	0.87	0.92	0.97	0.91	0.51	0.97
Inventory	0.93	0.6	0.96	0.95	0.78	-0.84	0.95	0.96	0.91	0.84	0.84	0.97	0.91		0.54	0.88	0.97	0.8	0.91	0.7	0.89	0.71	0.95	0.71	0.4	0.92
Other Current Assets	0.67	0.46	0.59	0.75	0.6	-0.46	0.68	0.58	0.61	0.59	0.19	0.71	0.61	0.54		0.59	0.71	0.51	0.59	0.55	0.86	0.52	0.62	0.57	0.12	0.7
Total Liab	0.98	0.66	0.98	0.91	0.98	-0.59	0.9	0.97	0.99	0.99	0.53	0.9	0.98	0.88	0.59		0.92	0.89	0.98	0.95	0.85	0.95	0.96	0.95	0.42	0.93
Total Current Assets	0.97	0.64	0.97	0.99	0.84	-0.81	0.98	0.97	0.94	0.89	0.72	1.0	0.94	0.97	0.71	0.92		0.84	0.94	0.77	0.97	0.78	0.97	0.78	0.4	0.96
Intangible Assets	0.91	0.68	0.89	0.86	0.89	-0.67	0.88	0.85	0.94	0.93	0.5	0.81	0.94	0.8	0.51	0.89	0.84		0.94	0.82	0.76	0.85	0.91	0.8	0.52	0.94
Common Stock	0.99	0.68	0.98	0.94	0.96	-0.69	0.94	0.97	1.0	0.98	0.57	0.92	0.99	0.91	0.59	0.98	0.94	0.94		0.9	0.87	0.91	0.97	0.9	0.47	0.96
Non Current Liabilities Total	0.89	0.63	0.86	0.77	0.99	-0.33	0.75	0.85	0.9	0.96	0.26	0.73	0.9	0.7	0.55	0.95	0.77	0.82	0.9		0.72	0.98	0.84	1.0	0.35	0.81
Other Stockholder Equity	0.92	0.64	0.89	0.97	0.79	-0.76	0.94	0.89	0.87	0.82	0.61	0.97	0.87	0.89	0.86	0.85	0.97	0.76	0.87	0.72		0.71	0.91	0.73	0.3	0.93
Short Long Term Debt Total	0.9	0.56	0.87	0.78	0.99	-0.36	0.78	0.86	0.92	0.97	0.27	0.73	0.92	0.71	0.52	0.95	0.78	0.85	0.91	0.98	0.71		0.84	0.99	0.5	0.83
Current Deferred Revenue	0.99	0.73	0.98	0.96	0.9	-0.75	0.95	0.97	0.97	0.94	0.69	0.96	0.97	0.95	0.62	0.96	0.97	0.91	0.97	0.84	0.91	0.84		0.84	0.36	0.97
Long Term Debt	0.9	0.6	0.87	0.78	0.99	-0.34	0.76	0.86	0.91	0.96	0.27	0.75	0.91	0.71	0.57	0.95	0.78	0.8	0.9	1.0	0.73	0.99	0.84		0.38	0.81
Short Term Debt	0.44	-0.08	0.45	0.44	0.44	-0.34	0.53	0.44	0.48	0.46	0.26	0.38	0.51	0.4	0.12	0.42	0.4	0.52	0.47	0.35	0.3	0.5	0.36	0.38		0.47
Other Liab	0.98	0.68	0.95	0.98	0.89	-0.77	0.98	0.93	0.96	0.93	0.62	0.95	0.97	0.92	0.7	0.93	0.96	0.94	0.96	0.81	0.93	0.83	0.97	0.81	0.47

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Miracll Chemicals Account Relationship Matchups

Miracll Chemicals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	443.6M	1.0B	1.7B	1.9B	3.4B	3.5B
Other Current Liab	(115.5M)	24.0M	24.5M	72.1M	88.3M	92.7M
Total Current Liabilities	178.4M	243.3M	711.3M	652.0M	1.1B	1.2B
Total Stockholder Equity	260.0M	783.0M	888.8M	973.5M	1.3B	1.3B
Property Plant And Equipment Net	153.0M	170.0M	170.9M	413.6M	1.4B	1.5B
Net Debt	(26.7M)	(188.5M)	(343.7M)	(421.3M)	(211.4M)	(221.9M)
Retained Earnings	153.4M	245.3M	339.3M	412.8M	471.8M	495.3M
Accounts Payable	161.8M	196.7M	633.5M	458.5M	873.0M	916.7M
Cash	154.2M	197.5M	371.1M	556.9M	920.5M	966.5M
Non Current Assets Total	184.0M	199.5M	382.7M	785.6M	1.7B	1.8B
Non Currrent Assets Other	4.3M	2.8M	183.4M	121.2M	82.9M	43.6M
Cash And Short Term Investments	154.2M	538.2M	827.2M	680.2M	920.5M	966.5M
Net Receivables	39.6M	55.5M	110.7M	161.3M	266.3M	279.6M
Liabilities And Stockholders Equity	443.6M	1.0B	1.7B	1.9B	3.4B	3.5B
Inventory	60.1M	94.6M	342.2M	257.5M	315.4M	331.1M
Other Current Assets	5.7M	150.6M	25.2M	30.5M	85.1M	89.4M
Total Liab	183.6M	255.4M	724.0M	715.7M	1.9B	1.9B
Total Current Assets	259.6M	838.9M	1.3B	1.1B	1.6B	1.7B
Intangible Assets	25.9M	25.7M	26.1M	243.6M	239.0M	251.0M
Non Current Liabilities Total	5.2M	12.1M	12.7M	63.7M	754.2M	791.9M
Other Stockholder Equity	30.7M	435.1M	368.4M	301.7M	484.3M	508.5M
Other Liab	5.2M	12.1M	12.5M	20.3M	23.4M	24.5M
Net Tangible Assets	234.1M	757.3M	862.7M	729.9M	839.3M	531.3M
Net Invested Capital	260.0M	792.0M	915.9M	1.1B	2.0B	2.0B
Net Working Capital	81.2M	595.6M	594.0M	477.4M	510.5M	364.6M
Property Plant Equipment	153.0M	170.0M	170.9M	413.6M	475.7M	499.4M

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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.

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Miracll Long Term Debt vs Net Debt Analysis

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Debt

Miracll Chemicals fundamental ratios Correlations

Miracll Chemicals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Miracll Chemicals fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Long Term Debt	+ 1.0	Non Current Liabilities Total
Total Current Liabilities	+ 0.99	Total Assets
Cash	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.85	Net Debt
Inventory	- 0.84	Net Debt
Cash And Short Term Investments	- 0.84	Net Debt
Retained Earnings	- 0.82	Net Debt
Total Current Assets	- 0.81	Net Debt
Net Debt	- 0.81	Total Stockholder Equity