MeiraGTx Begin Period Cash Flow vs Sale Purchase Of Stock Analysis

MGTX Stock  USD 5.92  0.10  1.72%   
MeiraGTx Holdings financial indicator trend analysis is infinitely more than just investigating MeiraGTx Holdings PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MeiraGTx Holdings PLC is a good investment. Please check the relationship between MeiraGTx Holdings Begin Period Cash Flow and its Sale Purchase Of Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MeiraGTx Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Begin Period Cash Flow vs Sale Purchase Of Stock

Begin Period Cash Flow vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MeiraGTx Holdings PLC Begin Period Cash Flow account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MeiraGTx Holdings' Begin Period Cash Flow and Sale Purchase Of Stock is -0.05. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of MeiraGTx Holdings PLC, assuming nothing else is changed. The correlation between historical values of MeiraGTx Holdings' Begin Period Cash Flow and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of MeiraGTx Holdings PLC are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Begin Period Cash Flow i.e., MeiraGTx Holdings' Begin Period Cash Flow and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Sale Purchase Of Stock

Most indicators from MeiraGTx Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MeiraGTx Holdings PLC 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 MeiraGTx Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Tax Provision is likely to rise to about 519.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 39.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.9M8.7M13.7M14.4M
Interest Income212K777K2.2M2.3M

MeiraGTx Holdings fundamental ratios Correlations

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0.960.560.80.840.941.00.780.81-0.84-0.730.630.970.770.590.560.360.970.90.810.360.630.90.940.810.9
0.950.550.780.840.940.940.740.81-0.85-0.680.610.970.740.590.470.330.970.830.780.340.730.850.970.690.84
0.960.550.80.841.00.940.770.82-0.84-0.730.620.970.770.580.560.350.970.890.80.350.620.90.930.810.89
0.90.850.920.970.780.740.770.52-0.35-0.940.960.71.00.730.250.740.70.960.950.730.880.960.870.920.96
0.760.190.510.670.810.810.820.52-0.86-0.380.450.820.510.110.48-0.030.820.650.44-0.050.410.660.780.630.63
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-0.85-0.95-0.86-0.91-0.73-0.68-0.73-0.94-0.380.27-0.89-0.68-0.93-0.89-0.17-0.88-0.68-0.91-0.9-0.88-0.83-0.91-0.79-0.84-0.92
0.780.820.820.930.630.610.620.960.45-0.18-0.890.540.960.660.110.730.540.880.850.710.830.870.760.890.87
0.940.540.770.80.970.970.970.70.82-0.88-0.680.540.70.580.540.341.00.830.750.340.660.850.930.680.84
0.890.850.920.970.770.740.771.00.51-0.34-0.930.960.70.730.240.740.70.960.950.730.880.960.860.920.96
0.690.880.70.690.590.590.580.730.11-0.2-0.890.660.580.730.080.840.580.710.80.870.740.710.630.550.75
0.470.060.540.30.560.470.560.250.48-0.61-0.170.110.540.240.08-0.070.540.330.27-0.070.190.370.430.360.36
0.540.970.680.670.360.330.350.74-0.030.14-0.880.730.340.740.84-0.070.340.640.71.00.760.640.480.560.67
0.940.540.770.80.970.970.970.70.82-0.88-0.680.541.00.70.580.540.340.830.750.340.660.850.930.680.84
0.960.780.90.960.90.830.890.960.65-0.54-0.910.880.830.960.710.330.640.830.950.630.81.00.910.921.0
0.90.820.920.90.810.780.80.950.44-0.42-0.90.850.750.950.80.270.70.750.950.70.860.950.870.830.95
0.530.970.670.650.360.340.350.73-0.050.13-0.880.710.340.730.87-0.071.00.340.630.70.750.630.470.540.66
0.810.860.880.890.630.730.620.880.41-0.29-0.830.830.660.880.740.190.760.660.80.860.750.830.810.650.83
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0.980.670.870.940.940.970.930.870.78-0.72-0.790.760.930.860.630.430.480.930.910.870.470.810.920.820.92
0.860.690.820.910.810.690.810.920.63-0.42-0.840.890.680.920.550.360.560.680.920.830.540.650.910.820.9
0.970.810.920.960.90.840.890.960.63-0.54-0.920.870.840.960.750.360.670.841.00.950.660.831.00.920.9
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MeiraGTx Holdings Account Relationship Matchups

MeiraGTx Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets323.9M363.7M320.2M318.2M326.7M247.2M
Short Long Term Debt Total23.2M22.2M23.7M92.2M89.3M93.7M
Other Current Liab18.1M44.4M24.2M42.6M43.9M24.9M
Total Current Liabilities49.2M54.1M68.1M82.1M67.1M50.0M
Total Stockholder Equity190.8M238.6M185.4M117.7M138.2M122.0M
Other Liab62.4M51.3M46.3M30.1M34.6M30.1M
Net Tangible Assets190.8M236.4M183.6M116.4M133.9M116.9M
Property Plant And Equipment Net52.9M87.1M126.3M154.1M156.2M84.7M
Current Deferred Revenue25.7M23.5M21.8M15.1M2.9M2.8M
Net Debt(204.1M)(187.3M)(114.0M)(23.3M)(40.3M)(42.3M)
Retained Earnings(203.0M)(261.0M)(340.6M)(470.2M)(554.2M)(526.5M)
Accounts Payable3.8M7.1M15.3M16.6M16.0M9.7M
Cash227.2M209.5M137.7M115.5M129.6M125.6M
Non Current Assets Total54.9M91.1M136.9M163.9M167.1M89.9M
Non Currrent Assets Other1.3M1.0M1.2M1.2M3M3.2M
Other Assets2.0M45.0M2.2M2.1M2.5M2.3M
Cash And Short Term Investments227.2M209.5M137.7M115.5M129.6M125.6M
Common Stock Total Equity1.1K1.4K1.7K2K2.3K1.4K
Common Stock Shares Outstanding33.2M37.7M44.1M45.2M56.5M36.2M
Long Term Debt Total34.3K7.1K953K71.3M82.0M86.1M
Liabilities And Stockholders Equity323.9M363.7M320.2M318.2M326.7M247.2M
Non Current Liabilities Total83.9M71.0M66.6M118.4M121.5M75.2M
Capital Surpluse395.6M504.5M528.7M581.9M669.2M357.9M
Capital Lease Obligations23.2M22.2M23.7M21.2M17.1M14.8M
Other Current Assets2.0M7.6M10.5M9.8M6.6M5.9M
Other Stockholder Equity395.6M504.5M528.7M581.9M693.8M408.3M
Total Liab133.1M125.1M134.8M200.5M188.6M125.2M
Property Plant And Equipment Gross52.9M44.0M126.3M154.1M189.6M199.0M
Total Current Assets269.0M272.6M183.2M154.3M159.6M157.3M
Accumulated Other Comprehensive Income(1.8M)(4.9M)(2.7M)6.0M(1.4M)(1.5M)
Non Current Liabilities Other83.7M70.8M65.5M46.9M54.0M42.0M
Short Term Debt1.7M2.6M6.7M7.8M4.2M3.4M
Common Stock1.1K1.4K1.7K2K2.3K1.5K
Property Plant Equipment52.9M44.0M126.3M109.3M125.7M131.9M
Net Invested Capital190.8M238.6M185.4M188.8M210.3M164.8M
Net Working Capital219.8M218.4M115.1M72.3M92.5M120.6M
Net Receivables35.3M38.5M35.0M29.0M23.4M30.4M
Retained Earnings Total Equity(203.0M)(261.0M)(340.6M)(470.2M)(423.2M)(444.3M)
Deferred Long Term Liab777.7K213.7K783K186K167.4K159.0K

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