Mastech Non Current Liabilities Total vs Common Stock Shares Outstanding Analysis

MHH Stock  USD 15.13  1.05  7.46%   
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 Non Current Liabilities Total and its Common Stock Shares Outstanding 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.

Non Current Liabilities Total vs Common Stock Shares Outstanding

Non Current Liabilities Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mastech Holdings Non Current Liabilities Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mastech Holdings' Non Current Liabilities Total and Common Stock Shares Outstanding is 0.28. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Shares Outstanding 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' Non Current Liabilities Total and Common Stock Shares Outstanding 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 Liabilities Total of Mastech Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Liabilities Total i.e., Mastech Holdings' Non Current Liabilities Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Expense724K292K319K504.2K
Depreciation And Amortization4.0M4.2M3.9M4.1M

Mastech Holdings fundamental ratios Correlations

0.920.970.790.790.140.390.760.880.340.980.40.340.950.590.920.53-0.260.630.770.760.630.950.590.750.4
0.920.950.790.80.050.210.80.750.40.880.490.40.880.680.890.32-0.140.730.730.590.630.930.670.810.45
0.970.950.750.790.160.410.740.840.280.960.410.280.930.570.880.5-0.240.680.720.750.580.90.570.740.44
0.790.790.750.95-0.11-0.190.990.690.750.70.320.750.750.580.9-0.01-0.250.870.970.320.930.870.60.980.52
0.790.80.790.95-0.15-0.080.940.710.670.730.290.670.760.610.90.06-0.240.850.90.370.910.840.630.920.56
0.140.050.16-0.11-0.150.36-0.160.16-0.120.22-0.07-0.120.04-0.34-0.160.45-0.29-0.06-0.010.42-0.11-0.02-0.34-0.090.11
0.390.210.41-0.19-0.080.36-0.220.34-0.590.510.11-0.590.43-0.010.140.91-0.11-0.27-0.140.81-0.320.13-0.03-0.24-0.02
0.760.80.740.990.94-0.16-0.220.670.740.680.310.740.740.640.89-0.06-0.160.860.930.270.910.860.660.970.47
0.880.750.840.690.710.160.340.670.360.860.00.360.840.540.770.53-0.130.620.70.720.60.860.540.660.36
0.340.40.280.750.67-0.12-0.590.740.360.240.171.00.20.40.52-0.27-0.050.710.76-0.030.890.490.440.780.61
0.980.880.960.70.730.220.510.680.860.240.430.240.930.520.870.65-0.280.540.710.850.540.880.520.660.36
0.40.490.410.320.29-0.070.110.310.00.170.430.170.290.270.470.19-0.140.150.30.290.20.310.270.330.15
0.340.40.280.750.67-0.12-0.590.740.361.00.240.170.20.40.52-0.27-0.050.710.76-0.030.890.490.440.780.61
0.950.880.930.750.760.040.430.740.840.20.930.290.20.560.890.48-0.250.620.720.710.540.910.550.710.33
0.590.680.570.580.61-0.34-0.010.640.540.40.520.270.40.560.680.090.530.380.410.270.520.671.00.560.22
0.920.890.880.90.9-0.160.140.890.770.520.870.470.520.890.680.28-0.20.730.860.550.760.940.680.860.44
0.530.320.5-0.010.060.450.91-0.060.53-0.270.650.19-0.270.480.090.28-0.1-0.110.090.94-0.080.270.08-0.040.15
-0.26-0.14-0.24-0.25-0.24-0.29-0.11-0.16-0.13-0.05-0.28-0.14-0.05-0.250.53-0.2-0.1-0.31-0.43-0.18-0.22-0.20.53-0.22-0.28
0.630.730.680.870.85-0.06-0.270.860.620.710.540.150.710.620.380.73-0.11-0.310.850.20.820.750.40.940.63
0.770.730.720.970.9-0.01-0.140.930.70.760.710.30.760.720.410.860.09-0.430.850.380.930.830.440.940.61
0.760.590.750.320.370.420.810.270.72-0.030.850.29-0.030.710.270.550.94-0.180.20.380.210.540.270.290.33
0.630.630.580.930.91-0.11-0.320.910.60.890.540.20.890.540.520.76-0.08-0.220.820.930.210.720.550.910.67
0.950.930.90.870.84-0.020.130.860.860.490.880.310.490.910.670.940.27-0.20.750.830.540.720.670.850.42
0.590.670.570.60.63-0.34-0.030.660.540.440.520.270.440.551.00.680.080.530.40.440.270.550.670.580.24
0.750.810.740.980.92-0.09-0.240.970.660.780.660.330.780.710.560.86-0.04-0.220.940.940.290.910.850.580.59
0.40.450.440.520.560.11-0.020.470.360.610.360.150.610.330.220.440.15-0.280.630.610.330.670.420.240.59
Click cells to compare fundamentals

Mastech Holdings Account Relationship Matchups

Mastech Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets90.6M102.0M113.7M108.9M105.2M57.8M
Other Current Liab8.9M12.2M13.6M10.3M11.7M7.7M
Total Current Liabilities19.1M22.0M26.8M19.6M19.9M14.1M
Total Stockholder Equity46.3M59.5M74.4M86.0M81.4M85.5M
Property Plant And Equipment Net7.1M5.3M7.9M6.6M7.0M7.4M
Current Deferred Revenue237K478K544K207K684K542.2K
Net Debt27.0M13.0M11.3M(2.2M)(16.1M)(15.3M)
Retained Earnings28.8M38.6M50.8M59.6M52.4M55.0M
Accounts Payable4.0M2.6M5.0M4.5M4.7M3.3M
Cash3.0M7.7M6.6M7.1M21.1M22.2M
Non Current Assets Total53.7M60.9M59.8M55.7M48.8M26.6M
Other Assets405K6.4M595K871K1.0M815.9K
Cash And Short Term Investments3.0M7.7M6.6M7.1M21.1M22.2M
Net Receivables32.4M32.1M43.4M42.3M29.8M24.2M
Common Stock Total Equity127K130K131K133K153.0K88.1K
Common Stock Shares Outstanding11.2M12.0M12.0M12.1M11.6M10.9M
Liabilities And Stockholders Equity90.6M102.0M113.7M108.9M105.2M57.8M
Non Current Liabilities Total25.2M20.5M12.4M3.3M3.9M3.7M
Other Current Assets1.6M2.7M7.8M3.8M5.5M5.8M
Other Stockholder Equity17.8M21.3M24.1M27.9M30.5M32.1M
Total Liab44.3M42.5M39.3M22.9M23.8M24.9M
Property Plant And Equipment Gross7.1M5.3M7.0M7.7M13.1M13.7M
Total Current Assets36.9M41.2M53.9M53.2M56.5M31.2M
Accumulated Other Comprehensive Income(358K)(539K)(607K)(1.6M)(1.6M)(1.7M)
Common Stock127K130K131K133K153.0K97.4K
Property Plant Equipment2.5M5.3M7.9M6.6M7.5M7.9M
Non Currrent Assets Other405K396K595K(49K)741K778.1K
Intangible Assets20.1M21.9M18.8M15.8M13.0M12.0M
Net Tangible Assets124K5.1M23.2M37.7M43.4M45.5M
Retained Earnings Total Equity28.8M38.6M50.8M59.6M68.5M71.9M
Capital Surpluse21.9M25.5M28.3M32.1M36.9M21.0M
Accumulated Depreciation(2.6M)(3.3M)(3.9M)(5.0M)(4.5M)(4.3M)
Short Long Term Debt Total30.0M20.7M17.9M4.9M5.1M4.8M

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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.