Methanex Income Tax Expense vs Total Revenue Analysis

MEOH Stock  USD 46.06  0.48  1.03%   
Methanex financial indicator trend analysis is infinitely more than just investigating Methanex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Methanex is a good investment. Please check the relationship between Methanex Income Tax Expense and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.

Income Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methanex Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Methanex's Income Tax Expense and Total Revenue is 0.47. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Methanex, assuming nothing else is changed. The correlation between historical values of Methanex's Income Tax Expense and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Methanex are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., Methanex's Income Tax Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Total Revenue

Total revenue comprises all receipts Methanex generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Methanex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Methanex 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 Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.The Methanex's current Sales General And Administrative To Revenue is estimated to increase to 0.08, while Selling General Administrative is projected to decrease to under 210 M.
 2022 2023 2024 2025 (projected)
Gross Profit865.1M655.4M753.7M488.5M
Total Revenue4.3B3.7B4.3B2.3B

Methanex fundamental ratios Correlations

0.940.90.750.980.90.920.950.440.980.30.440.680.140.940.940.6-0.740.980.690.630.0-0.850.87-0.89-0.08
0.940.820.550.940.960.760.860.440.940.280.440.49-0.090.980.840.61-0.550.980.60.6-0.07-0.740.9-0.79-0.04
0.90.820.660.90.820.90.920.250.90.160.250.560.060.760.940.51-0.580.870.520.860.13-0.730.88-0.790.15
0.750.550.660.70.480.860.750.450.70.330.450.880.310.580.770.48-0.810.630.780.38-0.02-0.750.56-0.79-0.18
0.980.940.90.70.940.910.920.291.00.280.290.640.090.930.90.53-0.70.970.570.680.05-0.830.88-0.870.01
0.90.960.820.480.940.730.820.190.950.250.190.44-0.190.930.780.53-0.460.950.410.660.01-0.690.9-0.750.08
0.920.760.90.860.910.730.910.330.90.260.330.740.340.750.920.49-0.790.830.630.660.06-0.810.79-0.840.0
0.950.860.920.750.920.820.910.420.930.340.420.70.110.850.950.65-0.680.920.690.6-0.04-0.750.86-0.79-0.19
0.440.440.250.450.290.190.330.420.290.211.00.370.270.470.440.48-0.480.430.87-0.05-0.29-0.420.25-0.42-0.44
0.980.940.90.71.00.950.90.930.290.30.290.630.070.930.90.54-0.680.970.560.670.03-0.810.89-0.86-0.01
0.30.280.160.330.280.250.260.340.210.30.210.11-0.120.310.280.61-0.130.280.25-0.02-0.05-0.160.31-0.21-0.33
0.440.440.250.450.290.190.330.421.00.290.210.370.270.470.440.48-0.480.430.87-0.05-0.29-0.420.25-0.42-0.44
0.680.490.560.880.640.440.740.70.370.630.110.370.360.580.70.33-0.880.60.760.240.13-0.80.4-0.8-0.34
0.14-0.090.060.310.09-0.190.340.110.270.07-0.120.270.360.00.19-0.21-0.640.020.27-0.070.12-0.36-0.2-0.24-0.13
0.940.980.760.580.930.930.750.850.470.930.310.470.580.00.820.59-0.640.980.650.48-0.06-0.790.82-0.82-0.18
0.940.840.940.770.90.780.920.950.440.90.280.440.70.190.820.69-0.730.90.720.70.11-0.850.85-0.88-0.05
0.60.610.510.480.530.530.490.650.480.540.610.480.33-0.210.590.69-0.270.60.590.27-0.15-0.440.71-0.51-0.3
-0.74-0.55-0.58-0.81-0.7-0.46-0.79-0.68-0.48-0.68-0.13-0.48-0.88-0.64-0.64-0.73-0.27-0.66-0.76-0.3-0.190.9-0.370.850.27
0.980.980.870.630.970.950.830.920.430.970.280.430.60.020.980.90.6-0.660.650.62-0.01-0.810.88-0.85-0.09
0.690.60.520.780.570.410.630.690.870.560.250.870.760.270.650.720.59-0.760.650.18-0.09-0.730.45-0.74-0.44
0.630.60.860.380.680.660.660.6-0.050.67-0.02-0.050.24-0.070.480.70.27-0.30.620.180.36-0.540.71-0.60.53
0.0-0.070.13-0.020.050.010.06-0.04-0.290.03-0.05-0.290.130.12-0.060.11-0.15-0.19-0.01-0.090.36-0.3-0.13-0.240.12
-0.85-0.74-0.73-0.75-0.83-0.69-0.81-0.75-0.42-0.81-0.16-0.42-0.8-0.36-0.79-0.85-0.440.9-0.81-0.73-0.54-0.3-0.590.980.05
0.870.90.880.560.880.90.790.860.250.890.310.250.4-0.20.820.850.71-0.370.880.450.71-0.13-0.59-0.690.16
-0.89-0.79-0.79-0.79-0.87-0.75-0.84-0.79-0.42-0.86-0.21-0.42-0.8-0.24-0.82-0.88-0.510.85-0.85-0.74-0.6-0.240.98-0.690.0
-0.08-0.040.15-0.180.010.080.0-0.19-0.44-0.01-0.33-0.44-0.34-0.13-0.18-0.05-0.30.27-0.09-0.440.530.120.050.160.0
Click cells to compare fundamentals

Methanex Account Relationship Matchups

Methanex fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.7B6.1B6.6B6.4B7.4B7.8B
Short Long Term Debt Total3.1B2.9B3.0B3.0B3.5B3.6B
Total Current Liabilities765.4M963.2M942.6M1.3B1.5B1.6B
Total Stockholder Equity1.1B1.7B2.1B1.9B2.2B1.4B
Property Plant And Equipment Net3.7B3.7B4.2B4.4B5.1B5.3B
Net Debt2.3B1.9B2.2B2.6B2.9B3.1B
Retained Earnings843.6M1.3B1.5B1.5B1.7B1.8B
Accounts Payable601.0M836.0M789.2M771.9M887.6M932.0M
Cash833.8M932.1M857.7M458.0M526.7M431.9M
Non Current Assets Total4.1B4.1B4.8B4.9B5.7B6.0B
Non Currrent Assets Other92.5M99.2M356.4M41.5M47.7M78.7M
Cash And Short Term Investments833.8M932.1M857.7M458.0M526.7M431.9M
Net Receivables412M550.6M500.7M530.9M610.5M369.5M
Common Stock Shares Outstanding76.2M76.2M71.7M67.8M61.0M94.1M
Liabilities And Stockholders Equity5.7B6.1B6.6B6.4B7.4B7.8B
Non Current Liabilities Total3.5B3.2B3.3B3.0B3.4B3.6B
Inventory308.7M459.6M439.8M426.8M490.8M515.3M
Other Current Assets40.4M139.1M171.1M61.9M71.2M74.8M
Other Stockholder Equity1.9M1.9M1.9M1.8M1.7M1.6M
Total Liab4.3B4.1B4.2B4.3B4.9B5.1B
Total Current Assets1.6B2.0B1.9B1.5B1.7B1.1B
Short Term Debt137.3M110.1M123.9M435.4M500.8M525.8M
Other Current Liab27.2M17.2M29.5M95.0M109.2M166.9M
Property Plant And Equipment Gross3.7B6.8B7.6B7.9B9.1B9.5B
Accumulated Other Comprehensive Income(137.1M)(2.7M)241.9M22.9M26.3M27.7M
Common Stock440.7M432.7M401.3M391.9M352.7M419.2M
Current Deferred Revenue(601.0M)(834.8M)(788.8M)1.00.90.95
Other Liab558.9M540.9M406.5M361.6M415.8M271.0M
Other Assets230.1M197.4M402.7M25.3M29.1M27.6M
Long Term Debt2.3B2.1B2.1B1.8B2.1B1.2B
Property Plant Equipment3.6B3.7B3.7B4.2B4.8B2.5B
Long Term Investments194.0M217.3M197.1M189.9M170.9M163.0M
Short Long Term Debt39.8M11.8M15.1M314.7M283.2M171.4M
Net Tangible Assets1.3B1.1B1.7B2.1B2.4B1.8B

Currently Active Assets on Macroaxis

When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methanex. If investors know Methanex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methanex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.346
Dividend Share
0.74
Earnings Share
2.39
Revenue Per Share
55.2
Quarterly Revenue Growth
0.029
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methanex's market value can be influenced by many factors that don't directly affect Methanex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.