Miracll Selling General Administrative vs Non Current Liabilities Total Analysis

300848 Stock   18.70  1.18  5.94%   
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 Selling General Administrative and its Non Current Liabilities Total 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.

Selling General Administrative vs Non Current Liabilities Total

Selling General Administrative vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miracll Chemicals Selling General Administrative account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Miracll Chemicals' Selling General Administrative and Non Current Liabilities Total is 0.52. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Liabilities Total 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' Selling General Administrative and Non Current Liabilities Total 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 General Administrative of Miracll Chemicals Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Selling General Administrative i.e., Miracll Chemicals' Selling General Administrative and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Non Current Liabilities Total

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 23, 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 Profit204.1M200.3M207.1M165.6M
Total Revenue1.3B1.5B1.5B977.1M

Miracll Chemicals fundamental ratios Correlations

0.670.990.970.94-0.710.960.980.990.970.610.960.990.930.670.980.970.910.990.890.920.90.990.90.440.98
0.670.650.630.64-0.560.570.620.660.670.420.620.670.60.460.660.640.680.680.630.640.560.730.6-0.080.68
0.990.650.960.92-0.740.961.00.980.950.680.960.980.960.590.980.970.890.980.860.890.870.980.870.450.95
0.970.630.960.85-0.810.990.950.950.890.670.990.950.950.750.910.990.860.940.770.970.780.960.780.440.98
0.940.640.920.85-0.460.840.90.960.990.350.810.960.780.60.980.840.890.960.990.790.990.90.990.440.89
-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
0.960.570.960.990.84-0.820.950.950.890.70.980.950.950.680.90.980.880.940.750.940.780.950.760.530.98
0.980.621.00.950.9-0.730.950.970.930.690.960.970.960.580.970.970.850.970.850.890.860.970.860.440.93
0.990.660.980.950.96-0.690.950.970.980.570.920.990.910.610.990.940.941.00.90.870.920.970.910.480.96
0.970.670.950.890.99-0.560.890.930.980.450.860.980.840.590.990.890.930.980.960.820.970.940.960.460.93
0.610.420.680.670.35-0.850.70.690.570.450.750.580.840.190.530.720.50.570.260.610.270.690.270.260.62
0.960.620.960.990.81-0.840.980.960.920.860.750.920.970.710.91.00.810.920.730.970.730.960.750.380.95
0.990.670.980.950.96-0.680.950.970.990.980.580.920.910.610.980.940.940.990.90.870.920.970.910.510.97
0.930.60.960.950.78-0.840.950.960.910.840.840.970.910.540.880.970.80.910.70.890.710.950.710.40.92
0.670.460.590.750.6-0.460.680.580.610.590.190.710.610.540.590.710.510.590.550.860.520.620.570.120.7
0.980.660.980.910.98-0.590.90.970.990.990.530.90.980.880.590.920.890.980.950.850.950.960.950.420.93
0.970.640.970.990.84-0.810.980.970.940.890.721.00.940.970.710.920.840.940.770.970.780.970.780.40.96
0.910.680.890.860.89-0.670.880.850.940.930.50.810.940.80.510.890.840.940.820.760.850.910.80.520.94
0.990.680.980.940.96-0.690.940.971.00.980.570.920.990.910.590.980.940.940.90.870.910.970.90.470.96
0.890.630.860.770.99-0.330.750.850.90.960.260.730.90.70.550.950.770.820.90.720.980.841.00.350.81
0.920.640.890.970.79-0.760.940.890.870.820.610.970.870.890.860.850.970.760.870.720.710.910.730.30.93
0.90.560.870.780.99-0.360.780.860.920.970.270.730.920.710.520.950.780.850.910.980.710.840.990.50.83
0.990.730.980.960.9-0.750.950.970.970.940.690.960.970.950.620.960.970.910.970.840.910.840.840.360.97
0.90.60.870.780.99-0.340.760.860.910.960.270.750.910.710.570.950.780.80.91.00.730.990.840.380.81
0.44-0.080.450.440.44-0.340.530.440.480.460.260.380.510.40.120.420.40.520.470.350.30.50.360.380.47
0.980.680.950.980.89-0.770.980.930.960.930.620.950.970.920.70.930.960.940.960.810.930.830.970.810.47
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Miracll Chemicals Account Relationship Matchups

Miracll Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets443.6M1.0B1.7B1.9B3.4B3.5B
Other Current Liab(115.5M)24.0M24.5M72.1M88.3M92.7M
Total Current Liabilities178.4M243.3M711.3M652.0M1.1B1.2B
Total Stockholder Equity260.0M783.0M888.8M973.5M1.3B1.3B
Property Plant And Equipment Net153.0M170.0M170.9M413.6M1.4B1.5B
Net Debt(26.7M)(188.5M)(343.7M)(421.3M)(211.4M)(221.9M)
Retained Earnings153.4M245.3M339.3M412.8M471.8M495.3M
Accounts Payable161.8M196.7M633.5M458.5M873.0M916.7M
Cash154.2M197.5M371.1M556.9M920.5M966.5M
Non Current Assets Total184.0M199.5M382.7M785.6M1.7B1.8B
Non Currrent Assets Other4.3M2.8M183.4M121.2M82.9M43.6M
Cash And Short Term Investments154.2M538.2M827.2M680.2M920.5M966.5M
Net Receivables39.6M55.5M110.7M161.3M266.3M279.6M
Liabilities And Stockholders Equity443.6M1.0B1.7B1.9B3.4B3.5B
Inventory60.1M94.6M342.2M257.5M315.4M331.1M
Other Current Assets5.7M150.6M25.2M30.5M85.1M89.4M
Total Liab183.6M255.4M724.0M715.7M1.9B1.9B
Total Current Assets259.6M838.9M1.3B1.1B1.6B1.7B
Intangible Assets25.9M25.7M26.1M243.6M239.0M251.0M
Non Current Liabilities Total5.2M12.1M12.7M63.7M754.2M791.9M
Other Stockholder Equity30.7M435.1M368.4M301.7M484.3M508.5M
Other Liab5.2M12.1M12.5M20.3M23.4M24.5M
Net Tangible Assets234.1M757.3M862.7M729.9M839.3M531.3M
Net Invested Capital260.0M792.0M915.9M1.1B2.0B2.0B
Net Working Capital81.2M595.6M594.0M477.4M510.5M364.6M
Property Plant Equipment153.0M170.0M170.9M413.6M475.7M499.4M

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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.