Microba Selling General Administrative vs Total Current Assets 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 Selling General Administrative and its Total Current Assets 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.

Selling General Administrative vs Total Current Assets

Selling General Administrative vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microba Life Sciences Selling General Administrative account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Microba Life's Selling General Administrative and Total Current Assets is 0.84. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets 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 Selling General Administrative and Total Current Assets 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 Microba Life Sciences are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Selling General Administrative i.e., Microba Life's Selling General Administrative and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Expense8.3K60.4K69.2K40.8K
Depreciation And Amortization1.5M1.6M2.9M1.7M

Microba Life fundamental ratios Correlations

0.960.840.870.990.950.83-0.85-0.920.860.860.70.620.860.910.850.210.680.740.730.840.940.980.731.00.94
0.960.760.840.950.980.89-0.81-0.870.80.830.680.60.830.870.790.430.680.70.550.810.890.980.70.950.99
0.840.760.980.80.780.68-0.62-0.970.990.630.90.850.630.960.91-0.10.870.940.790.970.740.830.930.860.68
0.870.840.980.840.840.79-0.67-0.990.970.680.920.870.680.970.890.060.90.950.710.990.780.880.940.890.77
0.990.950.80.840.920.82-0.91-0.890.840.920.640.550.920.90.790.260.620.680.720.80.970.960.680.980.94
0.950.980.780.840.920.81-0.71-0.870.820.730.760.70.730.870.880.390.760.760.510.840.820.960.770.930.96
0.830.890.680.790.820.81-0.76-0.830.660.770.590.520.770.750.610.30.590.650.520.750.820.90.60.850.83
-0.85-0.81-0.62-0.67-0.91-0.71-0.760.73-0.66-1.0-0.39-0.27-1.0-0.77-0.47-0.36-0.36-0.43-0.65-0.6-0.98-0.82-0.42-0.82-0.84
-0.92-0.87-0.97-0.99-0.89-0.87-0.830.73-0.96-0.74-0.88-0.82-0.74-0.98-0.89-0.07-0.86-0.92-0.75-0.98-0.84-0.92-0.9-0.93-0.81
0.860.80.990.970.840.820.66-0.66-0.960.670.90.840.670.990.910.020.870.920.750.960.770.850.920.880.75
0.860.830.630.680.920.730.77-1.0-0.740.670.40.291.00.780.490.370.380.440.650.610.980.840.440.840.86
0.70.680.90.920.640.760.59-0.39-0.880.90.40.990.40.850.90.051.00.990.480.960.520.71.00.720.61
0.620.60.850.870.550.70.52-0.27-0.820.840.290.990.290.780.870.020.990.980.40.920.410.620.980.640.52
0.860.830.630.680.920.730.77-1.0-0.740.671.00.40.290.780.490.370.380.440.650.610.980.840.440.840.86
0.910.870.960.970.90.870.75-0.77-0.980.990.780.850.780.780.870.130.830.880.750.950.860.910.880.920.83
0.850.790.910.890.790.880.61-0.47-0.890.910.490.90.870.490.87-0.030.880.90.650.910.640.830.910.860.73
0.210.43-0.10.060.260.390.3-0.36-0.070.020.370.050.020.370.13-0.030.1-0.03-0.430.070.270.260.040.140.52
0.680.680.870.90.620.760.59-0.36-0.860.870.381.00.990.380.830.880.10.980.410.950.490.680.990.690.6
0.740.70.940.950.680.760.65-0.43-0.920.920.440.990.980.440.880.9-0.030.980.580.980.570.740.990.760.61
0.730.550.790.710.720.510.52-0.65-0.750.750.650.480.40.650.750.65-0.430.410.580.640.740.680.520.770.49
0.840.810.970.990.80.840.75-0.6-0.980.960.610.960.920.610.950.910.070.950.980.640.720.840.970.860.74
0.940.890.740.780.970.820.82-0.98-0.840.770.980.520.410.980.860.640.270.490.570.740.720.920.560.920.9
0.980.980.830.880.960.960.9-0.82-0.920.850.840.70.620.840.910.830.260.680.740.680.840.920.720.980.95
0.730.70.930.940.680.770.6-0.42-0.90.920.441.00.980.440.880.910.040.990.990.520.970.560.720.750.63
1.00.950.860.890.980.930.85-0.82-0.930.880.840.720.640.840.920.860.140.690.760.770.860.920.980.750.91
0.940.990.680.770.940.960.83-0.84-0.810.750.860.610.520.860.830.730.520.60.610.490.740.90.950.630.91
Click cells to compare fundamentals

Microba Life Account Relationship Matchups

Microba Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8M18.5M39.5M47.0M58.0M34.4M
Short Long Term Debt Total563.6K269.0K1.3M1.1M1.6M968.7K
Other Current Liab988.1K1.7M1.1M3.9M5.3M5.5M
Total Current Liabilities2.8M3.4M5.3M7.8M12.4M13.0M
Total Stockholder Equity7.7M14.9M33.5M38.6M41.2M27.2M
Property Plant And Equipment Net1.6M1.2M2.8M2.6M3.9M2.5M
Current Deferred Revenue1.1M1.1M2.6M1.3M2.2M1.6M
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 Payable392.3K353.5K813.2K3.0M3.7M3.9M
Cash6.9M13.0M30.6M32.0M20.9M21.0M
Non Current Assets Total2.7M2.3M3.7M5.4M25.8M27.1M
Cash And Short Term Investments6.9M13.0M30.6M32.0M20.9M21.0M
Net Receivables622.8K376.3K3.4M7.2M8.1M8.5M
Long Term Debt Total245.4K66.8K483.8K234.1K269.2K287.6K
Liabilities And Stockholders Equity10.8M18.5M39.5M47.0M58.0M34.4M
Non Current Liabilities Total260.6K110.4K678.6K404.1K4.5M4.7M
Inventory340.8K513.3K360.0K644.4K2.2M2.4M
Other Current Assets244.6K1.0M204.4K1.6M1.0M781.9K
Other Stockholder Equity622.9K1.2M78.2K2.1M2.4M2.5M
Total Liab3.1M3.5M5.9M8.2M16.8M17.7M
Total Current Assets8.1M16.2M35.8M41.5M32.2M26.7M
Accumulated Other Comprehensive Income622.9K1.2M1.9M2.1M2.2M1.5M
Cash And Equivalents49.8K50.3K204.4K12.4M14.3M15.0M
Short Term Debt318.2K202.3K841.4K901.7K1.2M660.2K
Intangible Assets118.7K246.3K853.9K2.8M13.4M14.1M
Common Stock19.3M33.5M62.9M80.4M102.9M58.1M
Property Plant Equipment1.6M1.2M2.8M2.6M3.0M2.2M

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