Mastech Long Term Debt vs Intangible Assets Analysis
MHH Stock | USD 15.82 1.44 10.01% |
Mastech Holdings financial indicator trend analysis is infinitely more than just investigating Mastech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mastech Holdings is a good investment. Please check the relationship between Mastech Holdings Long Term Debt and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.
Long Term Debt vs Intangible Assets
Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mastech Holdings Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mastech Holdings' Long Term Debt and Intangible Assets is 0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Mastech Holdings, assuming nothing else is changed. The correlation between historical values of Mastech Holdings' Long Term Debt and Intangible 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 Long Term Debt of Mastech Holdings are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Mastech Holdings' Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Mastech Holdings has held for over one year. Long-term debt appears on Mastech Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mastech Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Mastech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mastech Holdings 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 Mastech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.As of now, Mastech Holdings' Selling General Administrative is decreasing as compared to previous years. The Mastech Holdings' current Sales General And Administrative To Revenue is estimated to increase to 0.08, while Discontinued Operations is projected to decrease to under 75.2 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 724K | 292K | 319K | 504.2K | Depreciation And Amortization | 4.0M | 4.2M | 3.9M | 4.1M |
Mastech Holdings fundamental ratios Correlations
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Mastech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mastech Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 90.6M | 102.0M | 113.7M | 108.9M | 105.2M | 57.8M | |
Other Current Liab | 8.9M | 12.2M | 13.6M | 10.3M | 11.7M | 7.7M | |
Total Current Liabilities | 19.1M | 22.0M | 26.8M | 19.6M | 19.9M | 14.1M | |
Total Stockholder Equity | 46.3M | 59.5M | 74.4M | 86.0M | 81.4M | 85.5M | |
Property Plant And Equipment Net | 7.1M | 5.3M | 7.9M | 6.6M | 7.0M | 7.4M | |
Current Deferred Revenue | 237K | 478K | 544K | 207K | 684K | 542.2K | |
Net Debt | 27.0M | 13.0M | 11.3M | (2.2M) | (16.1M) | (15.3M) | |
Retained Earnings | 28.8M | 38.6M | 50.8M | 59.6M | 52.4M | 55.0M | |
Accounts Payable | 4.0M | 2.6M | 5.0M | 4.5M | 4.7M | 3.3M | |
Cash | 3.0M | 7.7M | 6.6M | 7.1M | 21.1M | 22.2M | |
Non Current Assets Total | 53.7M | 60.9M | 59.8M | 55.7M | 48.8M | 26.6M | |
Other Assets | 405K | 6.4M | 595K | 871K | 1.0M | 815.9K | |
Cash And Short Term Investments | 3.0M | 7.7M | 6.6M | 7.1M | 21.1M | 22.2M | |
Net Receivables | 32.4M | 32.1M | 43.4M | 42.3M | 29.8M | 24.2M | |
Common Stock Total Equity | 127K | 130K | 131K | 133K | 153.0K | 88.1K | |
Common Stock Shares Outstanding | 11.2M | 12.0M | 12.0M | 12.1M | 11.6M | 10.9M | |
Liabilities And Stockholders Equity | 90.6M | 102.0M | 113.7M | 108.9M | 105.2M | 57.8M | |
Non Current Liabilities Total | 25.2M | 20.5M | 12.4M | 3.3M | 3.9M | 3.7M | |
Other Current Assets | 1.6M | 2.7M | 7.8M | 3.8M | 5.5M | 5.8M | |
Other Stockholder Equity | 17.8M | 21.3M | 24.1M | 27.9M | 30.5M | 32.1M | |
Total Liab | 44.3M | 42.5M | 39.3M | 22.9M | 23.8M | 24.9M | |
Property Plant And Equipment Gross | 7.1M | 5.3M | 7.0M | 7.7M | 13.1M | 13.7M | |
Total Current Assets | 36.9M | 41.2M | 53.9M | 53.2M | 56.5M | 31.2M | |
Accumulated Other Comprehensive Income | (358K) | (539K) | (607K) | (1.6M) | (1.6M) | (1.7M) | |
Common Stock | 127K | 130K | 131K | 133K | 153.0K | 97.4K | |
Property Plant Equipment | 2.5M | 5.3M | 7.9M | 6.6M | 7.5M | 7.9M | |
Non Currrent Assets Other | 405K | 396K | 595K | (49K) | 741K | 778.1K | |
Intangible Assets | 20.1M | 21.9M | 18.8M | 15.8M | 13.0M | 12.0M | |
Net Tangible Assets | 124K | 5.1M | 23.2M | 37.7M | 43.4M | 45.5M | |
Retained Earnings Total Equity | 28.8M | 38.6M | 50.8M | 59.6M | 68.5M | 71.9M | |
Capital Surpluse | 21.9M | 25.5M | 28.3M | 32.1M | 36.9M | 21.0M | |
Accumulated Depreciation | (2.6M) | (3.3M) | (3.9M) | (5.0M) | (4.5M) | (4.3M) | |
Short Long Term Debt Total | 30.0M | 20.7M | 17.9M | 4.9M | 5.1M | 4.8M |
Currently Active Assets on Macroaxis
When determining whether Mastech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mastech Holdings' 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 Mastech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastech Holdings Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Human Resource & Employment Services 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 Mastech Holdings. If investors know Mastech 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 Mastech Holdings 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 15 | Earnings Share (0.20) | Revenue Per Share 16.688 | Quarterly Revenue Growth 0.085 | Return On Assets 0.0254 |
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' 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 Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' 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 Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' 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.