Mach7 Investments vs Change To Netincome Analysis

M7T Stock   0.37  0.01  2.63%   
Mach7 Technologies financial indicator trend analysis is infinitely more than just investigating Mach7 Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mach7 Technologies is a good investment. Please check the relationship between Mach7 Technologies Investments and its Change To Netincome accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach7 Technologies. 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.

Investments vs Change To Netincome

Investments vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mach7 Technologies Investments account and Change To Netincome. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Mach7 Technologies' Investments and Change To Netincome is 0.1. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Mach7 Technologies, assuming nothing else is changed. The correlation between historical values of Mach7 Technologies' Investments and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Mach7 Technologies are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Investments i.e., Mach7 Technologies' Investments and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Netincome

Most indicators from Mach7 Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mach7 Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach7 Technologies. 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 gain to about 28.3 M in 2024, whereas Tax Provision is likely to drop (1.9 M) in 2024.
 2023 2024 (projected)
Cost Of Revenue23.7M24.8M
Research Development38.0K58.2K

Mach7 Technologies fundamental ratios Correlations

0.410.580.750.940.990.83-0.70.810.970.70.760.920.77-0.72-0.760.610.690.70.760.80.680.890.18-0.30.65
0.410.590.530.560.350.27-0.510.360.340.150.660.620.66-0.49-0.680.390.640.530.720.720.820.340.02-0.190.85
0.580.590.540.650.540.5-0.80.450.580.240.770.630.56-0.6-0.860.570.750.630.860.840.620.54-0.03-0.210.78
0.750.530.540.870.690.45-0.710.390.780.450.770.890.63-0.38-0.770.420.660.380.680.740.580.57-0.01-0.160.65
0.940.560.650.870.890.64-0.720.70.910.650.830.950.84-0.57-0.840.460.850.570.810.860.790.730.22-0.220.74
0.990.350.540.690.890.87-0.670.830.970.70.710.880.73-0.75-0.710.640.620.730.720.750.630.920.15-0.320.6
0.830.270.50.450.640.87-0.570.730.810.460.680.70.53-0.91-0.590.870.380.890.660.620.430.99-0.06-0.260.54
-0.7-0.51-0.8-0.71-0.72-0.67-0.57-0.49-0.77-0.29-0.69-0.71-0.420.660.93-0.57-0.6-0.65-0.87-0.9-0.52-0.630.250.46-0.8
0.810.360.450.390.70.830.73-0.490.750.620.550.690.59-0.65-0.540.50.550.640.590.60.560.770.2-0.240.5
0.970.340.580.780.910.970.81-0.770.750.610.70.910.66-0.68-0.780.610.60.650.740.780.560.880.06-0.340.62
0.70.150.240.450.650.70.46-0.290.620.610.410.550.73-0.35-0.350.230.550.350.360.450.620.510.57-0.190.21
0.760.660.770.770.830.710.68-0.690.550.70.410.810.73-0.72-0.860.680.830.750.90.850.730.730.04-0.030.83
0.920.620.630.890.950.880.7-0.710.690.910.550.810.8-0.61-0.80.580.710.610.770.80.720.790.08-0.270.73
0.770.660.560.630.840.730.53-0.420.590.660.730.730.8-0.52-0.630.40.820.550.680.710.930.590.53-0.140.63
-0.72-0.49-0.6-0.38-0.57-0.75-0.910.66-0.65-0.68-0.35-0.72-0.61-0.520.69-0.86-0.45-1.0-0.8-0.74-0.56-0.90.160.35-0.74
-0.76-0.68-0.86-0.77-0.84-0.71-0.590.93-0.54-0.78-0.35-0.86-0.8-0.630.69-0.59-0.81-0.71-0.97-0.98-0.73-0.660.080.28-0.91
0.610.390.570.420.460.640.87-0.570.50.610.230.680.580.4-0.86-0.590.290.870.660.590.350.85-0.19-0.020.56
0.690.640.750.660.850.620.38-0.60.550.60.550.830.710.82-0.45-0.810.290.490.830.840.870.460.35-0.040.76
0.70.530.630.380.570.730.89-0.650.640.650.350.750.610.55-1.0-0.710.870.490.820.750.590.88-0.14-0.30.76
0.760.720.860.680.810.720.66-0.870.590.740.360.90.770.68-0.8-0.970.660.830.820.980.780.71-0.04-0.260.95
0.80.720.840.740.860.750.62-0.90.60.780.450.850.80.71-0.74-0.980.590.840.750.980.810.680.01-0.330.93
0.680.820.620.580.790.630.43-0.520.560.560.620.730.720.93-0.56-0.730.350.870.590.780.810.490.39-0.240.79
0.890.340.540.570.730.920.99-0.630.770.880.510.730.790.59-0.9-0.660.850.460.880.710.680.49-0.06-0.270.6
0.180.02-0.03-0.010.220.15-0.060.250.20.060.570.040.080.530.160.08-0.190.35-0.14-0.040.010.39-0.060.25-0.19
-0.3-0.19-0.21-0.16-0.22-0.32-0.260.46-0.24-0.34-0.19-0.03-0.27-0.140.350.28-0.02-0.04-0.3-0.26-0.33-0.24-0.270.25-0.33
0.650.850.780.650.740.60.54-0.80.50.620.210.830.730.63-0.74-0.910.560.760.760.950.930.790.6-0.19-0.33
Click cells to compare fundamentals

Mach7 Technologies Account Relationship Matchups

Mach7 Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.8M61.6M77.0M78.9M82.3M73.0M
Other Assets764.7K1.3M1.3M4.9M5.7M6.0M
Net Receivables3.4M1.6M2.1M5.8M6.7M6.0M
Total Liab7.4M8.2M19.1M20.5M22.8M21.2M
Total Stockholder Equity10.4M53.5M57.9M58.4M59.5M51.9M
Cash2.3M48.9M18.4M25.7M23.4M26.2M
Short Term Investments0.019.3K16.6K32.3K29.0K27.6K
Other Current Assets148.7K2.9M4.0M643.9K4.2M1.7M
Common Stock58.8M101.8M113.7M115.3M115.7M116.2M
Property Plant Equipment187.4K488.2K1.5M2.1M2.0M133K
Other Current Liab769.8K2.1M1.4M2.4M2.7M2.5M
Total Current Liabilities5.2M6.5M7.5M10.4M14.8M15.1M
Property Plant And Equipment Net488.2K1.5M2.1M2.0M1.9M1.0M
Net Debt(48.6M)(17.3M)(24.4M)(22.2M)(24.9M)(23.7M)
Retained Earnings(52.0M)(61.3M)(63.5M)(63.5M)(71.0M)(67.5M)
Accounts Payable1.5M252.4K723.7K742.0K823.7K533.6K
Non Current Assets Total8.2M52.6M46.7M47.4M39.1M41.1M
Cash And Short Term Investments48.9M18.4M25.7M23.4M26.2M27.5M
Common Stock Shares Outstanding178.2M234.7M237.7M239.4M240.9M252.9M
Liabilities And Stockholders Equity61.6M77.0M78.9M82.3M73.0M76.7M
Property Plant And Equipment Gross488.2K2.9M3.4M3.9M3.4M3.5M
Total Current Assets5.9M53.4M24.4M32.2M34.9M33.9M
Intangible Assets6.9M45.8M39.0M31.1M23.6M19.5M
Non Currrent Assets Other764.7K698.1K761.8K793.1K787.0K747.6K
Inventory187.0K154.7K418.4K629.0K876.3K920.2K
Other Stockholder Equity(49.8M)(52.4M)(51.8M)(52.2M)(47.0M)(44.6M)
Accumulated Other Comprehensive Income3.6M5.5M6.6M7.3M6.6M3.4M
Short Long Term Debt Total320.5K1.1M1.3M1.2M1.3M1.1M
Other Liab2.2M1.4M10.8M9.0M7.0M1.5M
Non Current Liabilities Total1.6M11.6M10.2M8.0M6.1M5.6M
Short Term Debt613.5K133.4K274.1K(2.3M)209.6K181.3K
Current Deferred Revenue2.8M5.6M7.0M11.2M11.6M12.2M
Net Tangible Assets(219.8K)46.5M8.1M15.1M24.0M(3.1M)
Long Term Debt Total187.1K804.0K1.1M991.0K1.1M1.2M
Net Invested Capital53.6M57.9M58.4M59.5M51.9M44.3M

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