Max Non Current Assets Total vs Property Plant Equipment Analysis

MFSL Stock   1,178  8.10  0.69%   
Max Financial financial indicator trend analysis is infinitely more than just investigating Max Financial Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Max Financial Services is a good investment. Please check the relationship between Max Financial Non Current Assets Total and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Max Financial Services. 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.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Max Financial Services Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Max Financial's Non Current Assets Total and Property Plant Equipment is -0.31. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Max Financial Services, assuming nothing else is changed. The correlation between historical values of Max Financial's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Max Financial Services are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Max Financial's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

Most indicators from Max Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Max Financial Services 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 Max Financial Services. 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, Max Financial's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 84.5 M in 2024, whereas Tax Provision is likely to drop slightly above 211.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense193.4M572.4M931.3M884.7M
Depreciation And Amortization316.7B307.3B2.0B1.9B

Max Financial fundamental ratios Correlations

0.46-0.65-0.370.53-0.52-0.770.940.61-0.320.660.58-0.190.620.68-0.920.741.0-0.50.390.980.70.690.71-0.89-0.66
0.46-0.62-0.270.530.160.10.510.31-0.38-0.040.330.590.310.59-0.310.390.46-0.30.050.490.410.550.57-0.46-0.4
-0.65-0.620.51-0.340.270.27-0.61-0.260.41-0.24-0.43-0.36-0.26-0.670.66-0.51-0.650.510.12-0.59-0.37-0.69-0.490.650.55
-0.37-0.270.510.120.210.25-0.370.010.840.040.11-0.220.01-0.160.56-0.35-0.380.940.23-0.32-0.02-0.28-0.160.480.61
0.530.53-0.340.120.19-0.230.450.130.190.520.580.170.130.35-0.360.70.52-0.020.230.510.90.60.79-0.6-0.45
-0.520.160.270.210.190.56-0.38-0.410.07-0.19-0.360.43-0.42-0.20.52-0.05-0.530.17-0.06-0.43-0.11-0.3-0.20.250.08
-0.770.10.270.25-0.230.56-0.79-0.570.18-0.77-0.370.52-0.58-0.420.79-0.5-0.770.35-0.53-0.79-0.49-0.29-0.410.650.42
0.940.51-0.61-0.370.45-0.38-0.790.73-0.410.630.47-0.140.730.74-0.860.650.94-0.480.530.980.60.520.62-0.81-0.6
0.610.31-0.260.010.13-0.41-0.570.73-0.230.350.21-0.291.00.59-0.430.240.61-0.070.790.690.18-0.010.16-0.28-0.19
-0.32-0.380.410.840.190.070.18-0.41-0.230.10.37-0.15-0.22-0.190.39-0.26-0.320.87-0.08-0.350.11-0.08-0.030.380.54
0.66-0.04-0.240.040.52-0.19-0.770.630.350.10.34-0.350.340.41-0.680.60.66-0.170.550.680.580.310.4-0.73-0.45
0.580.33-0.430.110.58-0.36-0.370.470.210.370.340.030.220.47-0.490.310.570.13-0.060.510.720.760.77-0.43-0.05
-0.190.59-0.36-0.220.170.430.52-0.14-0.29-0.15-0.350.03-0.290.20.11-0.14-0.19-0.09-0.48-0.19-0.070.230.110.020.02
0.620.31-0.260.010.13-0.42-0.580.731.0-0.220.340.22-0.290.6-0.440.240.62-0.070.780.690.180.00.17-0.29-0.18
0.680.59-0.67-0.160.35-0.2-0.420.740.59-0.190.410.470.20.6-0.650.460.68-0.180.320.730.30.430.43-0.58-0.45
-0.92-0.310.660.56-0.360.520.79-0.86-0.430.39-0.68-0.490.11-0.44-0.65-0.68-0.920.65-0.23-0.88-0.54-0.65-0.590.910.69
0.740.39-0.51-0.350.7-0.05-0.50.650.24-0.260.60.31-0.140.240.46-0.680.74-0.510.280.70.730.540.59-0.84-0.91
1.00.46-0.65-0.380.52-0.53-0.770.940.61-0.320.660.57-0.190.620.68-0.920.74-0.510.390.980.690.690.71-0.89-0.66
-0.5-0.30.510.94-0.020.170.35-0.48-0.070.87-0.170.13-0.09-0.07-0.180.65-0.51-0.510.05-0.46-0.15-0.34-0.220.650.74
0.390.050.120.230.23-0.06-0.530.530.79-0.080.55-0.06-0.480.780.32-0.230.280.390.050.520.19-0.280.04-0.24-0.19
0.980.49-0.59-0.320.51-0.43-0.790.980.69-0.350.680.51-0.190.690.73-0.880.70.98-0.460.520.660.590.68-0.86-0.63
0.70.41-0.37-0.020.9-0.11-0.490.60.180.110.580.72-0.070.180.3-0.540.730.69-0.150.190.660.750.91-0.7-0.47
0.690.55-0.69-0.280.6-0.3-0.290.52-0.01-0.080.310.760.230.00.43-0.650.540.69-0.34-0.280.590.750.84-0.72-0.44
0.710.57-0.49-0.160.79-0.2-0.410.620.16-0.030.40.770.110.170.43-0.590.590.71-0.220.040.680.910.84-0.69-0.41
-0.89-0.460.650.48-0.60.250.65-0.81-0.280.38-0.73-0.430.02-0.29-0.580.91-0.84-0.890.65-0.24-0.86-0.7-0.72-0.690.81
-0.66-0.40.550.61-0.450.080.42-0.6-0.190.54-0.45-0.050.02-0.18-0.450.69-0.91-0.660.74-0.19-0.63-0.47-0.44-0.410.81
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Max Financial Account Relationship Matchups

Max Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets745.3B981.3B1.2T1.3T1.6T1.7T
Short Long Term Debt Total3.3B3.3B7.8B8.2B8.4B6.3B
Other Current Liab(11.6B)(12.4B)(13.6B)(34.2B)(24.3B)(23.1B)
Total Current Liabilities10.4B12.4B14.1B17.1B14.6B23.4B
Total Stockholder Equity21.5B33.4B39.3B35.2B38.7B24.4B
Property Plant And Equipment Net4.0B3.5B3.0B3.9B29.1M27.6M
Net Debt(4.4B)(4.3B)140.9M(4.0B)(8.5B)(8.1B)
Cash7.7B7.2B7.6B12.3B17.0B17.8B
Non Current Assets Total5.5B5.5B5.3B5.3B1.7T1.8T
Cash And Short Term Investments17.6B23.3B26.2B12.3B8.6B8.2B
Net Receivables13.9B11.9B14.0B15.9B18.6B19.5B
Liabilities And Stockholders Equity745.3B981.3B1.2T1.3T1.6T1.7T
Non Current Liabilities Total3.3B3.5B5.2B5.2B1.6T1.7T
Inventory15.6M47.6M50.8M10.4B12.0B12.6B
Other Current Assets(21.6B)(19.1B)(21.9B)(28.8B)(36.0B)(34.2B)
Other Stockholder Equity6.3B62.8B48.3B45.6B45.6B47.9B
Total Liab717.1B945.3B1.1T1.3T1.6T1.7T
Total Current Assets4.5B5.1B5.7B9.9B8.6B8.2B
Accumulated Other Comprehensive Income(1.5B)2.0B2.0B2.0B2.2B2.3B
Short Term Debt15.2M520.2M520.6M540.0M5.2B5.5B
Intangible Assets1.3B1.4B1.7B2.4B2.9B3.0B
Common Stock539.0M690.2M690.2M687.2M687.3M559.2M
Accounts Payable10.4B12.4B14.1B17.1B14.9B9.3B
Non Currrent Assets Other(44.9B)(57.9B)(81.4B)(95.4B)(80.7B)(76.7B)
Retained Earnings14.6B(16.0B)(10.1B)(11.6B)(9.8B)(9.3B)
Short Term Investments9.9B16.1B18.5B569.7M1.5T1.6T
Other Liab623.7B695.5B919.0B1.1T1.3T1.3T
Net Tangible Assets15.3B16.2B28.2B34.1B39.2B23.8B
Other Assets735.3B970.7B1.2T1.3T(75.4B)(71.6B)
Long Term Investments39.8B41.1B98.6B89.2B60.5B119.8B
Property Plant Equipment255.0M251.2M43.1M38.5M34.7M32.9M
Capital Surpluse4.2B4.2B46.8B46.8B53.8B56.5B
Long Term Debt Total3.2B2.8B5.2B5.2B6.0B6.3B
Cash And Equivalents4.1B2.1B2.0B9.9B11.4B11.9B

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