Microba Short Term Debt vs Inventory 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 Short Term Debt and its Inventory 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.
Short Term Debt vs Inventory
Short Term Debt vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microba Life Sciences Short Term Debt account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Microba Life's Short Term Debt and Inventory is 0.74. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory 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 Short Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Microba Life Sciences are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Debt i.e., Microba Life's Short Term Debt and Inventory go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Inventory
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 |
Microba Life fundamental ratios Correlations
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Microba Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Additional Tools for Microba Stock Analysis
When running Microba Life's price analysis, check to measure Microba Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microba Life is operating at the current time. Most of Microba Life's value examination focuses on studying past and present price action to predict the probability of Microba Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microba Life's price. Additionally, you may evaluate how the addition of Microba Life to your portfolios can decrease your overall portfolio volatility.