Microba Net Debt vs Total Current Liabilities Analysis

MAP Stock

0.19 0.01 5.56%

Microba Life financial indicator trend analysis is infinitely more than just investigating Microba Life Sciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microba Life Sciences is a good investment. Please check the relationship between Microba Life Net Debt and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microba Life Sciences. 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.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microba Life Sciences Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Microba Life's Net Debt and Total Current Liabilities is -0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Microba Life Sciences, assuming nothing else is changed. The correlation between historical values of Microba Life's Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Microba Life Sciences are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Microba Life's Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

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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.

Total Current Liabilities

Total Current Liabilities is an item on Microba Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Microba Life Sciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Microba Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microba Life Sciences 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 Microba Life Sciences. 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.

At this time, Microba Life's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 19.6 M in 2024, whereas Tax Provision is likely to drop 4,690 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	8.3K	60.4K	69.2K	40.8K
Depreciation And Amortization	1.5M	1.6M	2.9M	1.7M

Interest Expense Depreciation And Amortization

Microba Life fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.96	0.84	0.87	0.99	0.95	0.83	-0.85	-0.92	0.86	0.86	0.7	0.62	0.86	0.91	0.85	0.21	0.68	0.74	0.73	0.84	0.94	0.98	0.73	1.0	0.94
Short Long Term Debt Total	0.96		0.76	0.84	0.95	0.98	0.89	-0.81	-0.87	0.8	0.83	0.68	0.6	0.83	0.87	0.79	0.43	0.68	0.7	0.55	0.81	0.89	0.98	0.7	0.95	0.99
Other Current Liab	0.84	0.76		0.98	0.8	0.78	0.68	-0.62	-0.97	0.99	0.63	0.9	0.85	0.63	0.96	0.91	-0.1	0.87	0.94	0.79	0.97	0.74	0.83	0.93	0.86	0.68
Total Current Liabilities	0.87	0.84	0.98		0.84	0.84	0.79	-0.67	-0.99	0.97	0.68	0.92	0.87	0.68	0.97	0.89	0.06	0.9	0.95	0.71	0.99	0.78	0.88	0.94	0.89	0.77
Total Stockholder Equity	0.99	0.95	0.8	0.84		0.92	0.82	-0.91	-0.89	0.84	0.92	0.64	0.55	0.92	0.9	0.79	0.26	0.62	0.68	0.72	0.8	0.97	0.96	0.68	0.98	0.94
Property Plant And Equipment Net	0.95	0.98	0.78	0.84	0.92		0.81	-0.71	-0.87	0.82	0.73	0.76	0.7	0.73	0.87	0.88	0.39	0.76	0.76	0.51	0.84	0.82	0.96	0.77	0.93	0.96
Current Deferred Revenue	0.83	0.89	0.68	0.79	0.82	0.81		-0.76	-0.83	0.66	0.77	0.59	0.52	0.77	0.75	0.61	0.3	0.59	0.65	0.52	0.75	0.82	0.9	0.6	0.85	0.83
Net Debt	-0.85	-0.81	-0.62	-0.67	-0.91	-0.71	-0.76		0.73	-0.66	-1.0	-0.39	-0.27	-1.0	-0.77	-0.47	-0.36	-0.36	-0.43	-0.65	-0.6	-0.98	-0.82	-0.42	-0.82	-0.84
Retained Earnings	-0.92	-0.87	-0.97	-0.99	-0.89	-0.87	-0.83	0.73		-0.96	-0.74	-0.88	-0.82	-0.74	-0.98	-0.89	-0.07	-0.86	-0.92	-0.75	-0.98	-0.84	-0.92	-0.9	-0.93	-0.81
Accounts Payable	0.86	0.8	0.99	0.97	0.84	0.82	0.66	-0.66	-0.96		0.67	0.9	0.84	0.67	0.99	0.91	0.02	0.87	0.92	0.75	0.96	0.77	0.85	0.92	0.88	0.75
Cash	0.86	0.83	0.63	0.68	0.92	0.73	0.77	-1.0	-0.74	0.67		0.4	0.29	1.0	0.78	0.49	0.37	0.38	0.44	0.65	0.61	0.98	0.84	0.44	0.84	0.86
Non Current Assets Total	0.7	0.68	0.9	0.92	0.64	0.76	0.59	-0.39	-0.88	0.9	0.4		0.99	0.4	0.85	0.9	0.05	1.0	0.99	0.48	0.96	0.52	0.7	1.0	0.72	0.61
Non Currrent Assets Other	0.62	0.6	0.85	0.87	0.55	0.7	0.52	-0.27	-0.82	0.84	0.29	0.99		0.29	0.78	0.87	0.02	0.99	0.98	0.4	0.92	0.41	0.62	0.98	0.64	0.52
Cash And Short Term Investments	0.86	0.83	0.63	0.68	0.92	0.73	0.77	-1.0	-0.74	0.67	1.0	0.4	0.29		0.78	0.49	0.37	0.38	0.44	0.65	0.61	0.98	0.84	0.44	0.84	0.86
Net Receivables	0.91	0.87	0.96	0.97	0.9	0.87	0.75	-0.77	-0.98	0.99	0.78	0.85	0.78	0.78		0.87	0.13	0.83	0.88	0.75	0.95	0.86	0.91	0.88	0.92	0.83
Common Stock Shares Outstanding	0.85	0.79	0.91	0.89	0.79	0.88	0.61	-0.47	-0.89	0.91	0.49	0.9	0.87	0.49	0.87		-0.03	0.88	0.9	0.65	0.91	0.64	0.83	0.91	0.86	0.73
Long Term Debt Total	0.21	0.43	-0.1	0.06	0.26	0.39	0.3	-0.36	-0.07	0.02	0.37	0.05	0.02	0.37	0.13	-0.03		0.1	-0.03	-0.43	0.07	0.27	0.26	0.04	0.14	0.52
Non Current Liabilities Total	0.68	0.68	0.87	0.9	0.62	0.76	0.59	-0.36	-0.86	0.87	0.38	1.0	0.99	0.38	0.83	0.88	0.1		0.98	0.41	0.95	0.49	0.68	0.99	0.69	0.6
Inventory	0.74	0.7	0.94	0.95	0.68	0.76	0.65	-0.43	-0.92	0.92	0.44	0.99	0.98	0.44	0.88	0.9	-0.03	0.98		0.58	0.98	0.57	0.74	0.99	0.76	0.61
Other Current Assets	0.73	0.55	0.79	0.71	0.72	0.51	0.52	-0.65	-0.75	0.75	0.65	0.48	0.4	0.65	0.75	0.65	-0.43	0.41	0.58		0.64	0.74	0.68	0.52	0.77	0.49
Total Liab	0.84	0.81	0.97	0.99	0.8	0.84	0.75	-0.6	-0.98	0.96	0.61	0.96	0.92	0.61	0.95	0.91	0.07	0.95	0.98	0.64		0.72	0.84	0.97	0.86	0.74
Total Current Assets	0.94	0.89	0.74	0.78	0.97	0.82	0.82	-0.98	-0.84	0.77	0.98	0.52	0.41	0.98	0.86	0.64	0.27	0.49	0.57	0.74	0.72		0.92	0.56	0.92	0.9
Short Term Debt	0.98	0.98	0.83	0.88	0.96	0.96	0.9	-0.82	-0.92	0.85	0.84	0.7	0.62	0.84	0.91	0.83	0.26	0.68	0.74	0.68	0.84	0.92		0.72	0.98	0.95
Intangible Assets	0.73	0.7	0.93	0.94	0.68	0.77	0.6	-0.42	-0.9	0.92	0.44	1.0	0.98	0.44	0.88	0.91	0.04	0.99	0.99	0.52	0.97	0.56	0.72		0.75	0.63
Common Stock	1.0	0.95	0.86	0.89	0.98	0.93	0.85	-0.82	-0.93	0.88	0.84	0.72	0.64	0.84	0.92	0.86	0.14	0.69	0.76	0.77	0.86	0.92	0.98	0.75		0.91
Property Plant Equipment	0.94	0.99	0.68	0.77	0.94	0.96	0.83	-0.84	-0.81	0.75	0.86	0.61	0.52	0.86	0.83	0.73	0.52	0.6	0.61	0.49	0.74	0.9	0.95	0.63	0.91

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Microba Life Account Relationship Matchups

Microba Life fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.8M	18.5M	39.5M	47.0M	58.0M	34.4M
Short Long Term Debt Total	563.6K	269.0K	1.3M	1.1M	1.6M	968.7K
Other Current Liab	988.1K	1.7M	1.1M	3.9M	5.3M	5.5M
Total Current Liabilities	2.8M	3.4M	5.3M	7.8M	12.4M	13.0M
Total Stockholder Equity	7.7M	14.9M	33.5M	38.6M	41.2M	27.2M
Property Plant And Equipment Net	1.6M	1.2M	2.8M	2.6M	3.9M	2.5M
Current Deferred Revenue	1.1M	1.1M	2.6M	1.3M	2.2M	1.6M
Net Debt	(6.3M)	(12.8M)	(29.3M)	(30.9M)	(19.3M)	(20.3M)
Retained Earnings	(12.2M)	(19.7M)	(31.2M)	(43.9M)	(63.8M)	(60.6M)
Accounts Payable	392.3K	353.5K	813.2K	3.0M	3.7M	3.9M
Cash	6.9M	13.0M	30.6M	32.0M	20.9M	21.0M
Non Current Assets Total	2.7M	2.3M	3.7M	5.4M	25.8M	27.1M
Cash And Short Term Investments	6.9M	13.0M	30.6M	32.0M	20.9M	21.0M
Net Receivables	622.8K	376.3K	3.4M	7.2M	8.1M	8.5M
Long Term Debt Total	245.4K	66.8K	483.8K	234.1K	269.2K	287.6K
Liabilities And Stockholders Equity	10.8M	18.5M	39.5M	47.0M	58.0M	34.4M
Non Current Liabilities Total	260.6K	110.4K	678.6K	404.1K	4.5M	4.7M
Inventory	340.8K	513.3K	360.0K	644.4K	2.2M	2.4M
Other Current Assets	244.6K	1.0M	204.4K	1.6M	1.0M	781.9K
Other Stockholder Equity	622.9K	1.2M	78.2K	2.1M	2.4M	2.5M
Total Liab	3.1M	3.5M	5.9M	8.2M	16.8M	17.7M
Total Current Assets	8.1M	16.2M	35.8M	41.5M	32.2M	26.7M
Accumulated Other Comprehensive Income	622.9K	1.2M	1.9M	2.1M	2.2M	1.5M
Cash And Equivalents	49.8K	50.3K	204.4K	12.4M	14.3M	15.0M
Short Term Debt	318.2K	202.3K	841.4K	901.7K	1.2M	660.2K
Intangible Assets	118.7K	246.3K	853.9K	2.8M	13.4M	14.1M
Common Stock	19.3M	33.5M	62.9M	80.4M	102.9M	58.1M
Property Plant Equipment	1.6M	1.2M	2.8M	2.6M	3.0M	2.2M

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