Macquarie Other Stockholder Equity vs Other Assets Analysis

MAQ Stock   86.74  1.31  1.49%   
Macquarie Technology financial indicator trend analysis is infinitely more than just investigating Macquarie Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macquarie Technology is a good investment. Please check the relationship between Macquarie Technology Other Stockholder Equity and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macquarie Technology Group. 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.

Other Stockholder Equity vs Other Assets

Other Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macquarie Technology Other Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Macquarie Technology's Other Stockholder Equity and Other Assets is 0.76. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Macquarie Technology Group, assuming nothing else is changed. The correlation between historical values of Macquarie Technology's Other Stockholder Equity and Other 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 Other Stockholder Equity of Macquarie Technology Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Stockholder Equity i.e., Macquarie Technology's Other Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Other Assets

Most indicators from Macquarie Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macquarie Technology 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 Macquarie Technology Group. 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 221.1 M in 2024. Tax Provision is likely to gain to about 15 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit61.0M89.9M61.6M117.9M
Total Revenue309.3M345.1M181.3M252.2M

Macquarie Technology fundamental ratios Correlations

0.74-0.760.640.80.560.68-0.470.420.37-0.40.490.340.190.530.540.670.730.740.480.850.70.30.210.48-0.19
0.74-0.80.810.860.890.77-0.390.40.79-0.160.890.580.090.910.690.720.850.990.590.950.990.540.440.640.16
-0.76-0.8-0.43-0.91-0.54-0.630.21-0.69-0.44-0.11-0.53-0.67-0.1-0.55-0.83-0.9-0.88-0.79-0.39-0.79-0.74-0.630.01-0.640.28
0.640.81-0.430.550.840.77-0.390.080.85-0.390.830.410.290.860.450.350.540.780.560.760.820.310.710.440.42
0.80.86-0.910.550.560.68-0.320.660.45-0.070.530.650.080.560.780.960.940.860.460.90.810.490.10.63-0.33
0.560.89-0.540.840.560.58-0.57-0.040.84-0.350.960.320.220.970.360.340.530.90.430.820.930.460.480.370.44
0.680.77-0.630.770.680.580.00.540.710.010.660.67-0.040.680.70.610.740.710.590.680.730.470.560.690.16
-0.47-0.390.21-0.39-0.32-0.570.00.47-0.130.83-0.340.22-0.5-0.360.24-0.11-0.09-0.490.18-0.57-0.47-0.020.110.270.11
0.420.4-0.690.080.66-0.040.540.470.150.560.090.68-0.290.110.880.80.760.320.480.340.280.410.060.72-0.36
0.370.79-0.440.850.450.840.71-0.130.15-0.030.910.62-0.010.910.520.30.490.740.590.620.80.430.680.540.6
-0.4-0.16-0.11-0.39-0.07-0.350.010.830.56-0.03-0.160.4-0.36-0.190.440.150.14-0.250.13-0.36-0.240.13-0.020.470.07
0.490.89-0.530.830.530.960.66-0.340.090.91-0.160.40.051.00.450.340.570.870.570.750.920.470.610.510.56
0.340.58-0.670.410.650.320.670.220.680.620.40.4-0.120.410.810.710.640.530.410.450.510.470.150.65-0.07
0.190.09-0.10.290.080.22-0.04-0.5-0.29-0.01-0.360.05-0.120.080.00.020.00.1-0.170.150.09-0.03-0.04-0.17-0.1
0.530.91-0.550.860.560.970.68-0.360.110.91-0.191.00.410.080.480.370.590.880.580.780.930.480.620.520.53
0.540.69-0.830.450.780.360.70.240.880.520.440.450.810.00.480.830.870.60.60.580.580.540.290.83-0.09
0.670.72-0.90.350.960.340.61-0.110.80.30.150.340.710.020.370.830.920.710.390.740.640.49-0.030.64-0.47
0.730.85-0.880.540.940.530.74-0.090.760.490.140.570.640.00.590.870.920.810.650.820.780.450.280.8-0.15
0.740.99-0.790.780.860.90.71-0.490.320.74-0.250.870.530.10.880.60.710.810.510.960.990.520.340.550.1
0.480.59-0.390.560.460.430.590.180.480.590.130.570.41-0.170.580.60.390.650.510.480.540.020.670.750.39
0.850.95-0.790.760.90.820.68-0.570.340.62-0.360.750.450.150.780.580.740.820.960.480.940.430.310.52-0.03
0.70.99-0.740.820.810.930.73-0.470.280.8-0.240.920.510.090.930.580.640.780.990.540.940.530.430.550.21
0.30.54-0.630.310.490.460.47-0.020.410.430.130.470.47-0.030.480.540.490.450.520.020.430.530.020.16-0.09
0.210.440.010.710.10.480.560.110.060.68-0.020.610.15-0.040.620.29-0.030.280.340.670.310.430.020.50.76
0.480.64-0.640.440.630.370.690.270.720.540.470.510.65-0.170.520.830.640.80.550.750.520.550.160.50.2
-0.190.160.280.42-0.330.440.160.11-0.360.60.070.56-0.07-0.10.53-0.09-0.47-0.150.10.39-0.030.21-0.090.760.2
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Macquarie Technology Account Relationship Matchups

Macquarie Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding21.6M21.6M21.6M21.7M24.4M23.0M
Total Assets350.2M452.6M520.7M541.5M562.8M590.9M
Other Current Liab21.6M3.0M(2.3M)(12.0M)(43.9M)(41.7M)
Total Current Liabilities67.7M73.5M61.6M63.1M69.0M50.3M
Total Stockholder Equity122.1M136.4M145.7M319.0M337.1M353.9M
Net Debt85.9M188.6M248.9M120.3M126.4M132.7M
Accounts Payable35.0M28.7M25.1M32.7M44.6M23.4M
Cash37.9M19.8M3.0M12.5M9.8M9.3M
Cash And Short Term Investments37.9M19.8M3.0M58.5M84.8M89.0M
Net Receivables29.6M57.8M38.5M33.5M29.8M21.1M
Liabilities And Stockholders Equity350.2M452.6M520.7M541.5M562.8M590.9M
Non Current Liabilities Total160.3M242.8M313.4M159.4M156.7M164.5M
Other Current Assets14.3M15.7M20.5M19.8M24.3M14.4M
Total Liab228.1M316.3M375.0M222.5M225.7M237.0M
Total Current Assets81.9M93.3M62.0M111.8M138.8M145.8M
Common Stock43.9M44.6M45.2M202.5M203.5M213.7M
Other Liab15.7M8.6M18.6M32.1M36.9M38.8M
Property Plant And Equipment Net188.7M286.9M377.9M396.7M393.8M413.5M
Current Deferred Revenue6.2M8.3M8.4M3.5M9.0M9.5M
Retained Earnings74.1M86.6M95.1M112.0M127.6M134.0M
Non Current Assets Total268.3M359.4M458.7M429.7M423.9M445.1M
Non Currrent Assets Other14.7M9.8M8.1M14.8M30.1M31.6M
Other Assets40.9M29.2M23.0M14.8M17.0M14.6M
Other Stockholder Equity4.1M5.1M5.4M(731K)(657.9K)(625.0K)
Property Plant And Equipment Gross188.7M551.0M377.9M669.5M785.4M824.6M
Accumulated Other Comprehensive Income4.1M5.1M5.4M4.4M5.9M6.2M
Short Term Debt5.1M4.8M5.2M5.5M5.7M7.3M
Property Plant Equipment188.7M286.9M377.9M396.7M456.2M479.1M
Intangible Assets28.4M29.3M24.6M18.1M16.6M14.6M
Net Tangible Assets109.3M123.8M136.0M312.7M359.6M377.6M
Deferred Long Term Liab15.5M16.7M14.9M11.8M13.6M9.6M
Non Current Liabilities Other1.9M4.2M2.0M3.7M5.1M3.4M
Long Term Debt Total118.7M203.6M246.7M127.3M146.4M109.4M

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