Mawson Depreciation And Amortization vs Income Tax Expense Analysis
MIGI Stock | USD 2.14 0.06 2.88% |
Mawson Infrastructure financial indicator trend analysis is infinitely more than just investigating Mawson Infrastructure recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mawson Infrastructure is a good investment. Please check the relationship between Mawson Infrastructure Depreciation And Amortization and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mawson Infrastructure Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Depreciation And Amortization vs Income Tax Expense
Depreciation And Amortization vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mawson Infrastructure Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mawson Infrastructure's Depreciation And Amortization and Income Tax Expense is 0.81. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Mawson Infrastructure Group, assuming nothing else is changed. The correlation between historical values of Mawson Infrastructure's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Mawson Infrastructure Group are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., Mawson Infrastructure's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Income Tax Expense
Most indicators from Mawson Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mawson Infrastructure 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 Mawson Infrastructure Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of now, Mawson Infrastructure's Enterprise Value is increasing as compared to previous years.
2023 | 2024 (projected) | Interest Income | 62.1K | 59.0K | Reconciled Depreciation | 46.8M | 49.2M |
Mawson Infrastructure fundamental ratios Correlations
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Mawson Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mawson Infrastructure fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Short Long Term Debt Total | 22K | 287K | 23.0M | 40.3M | 21.9M | 23.0M | |
Total Current Liabilities | 641K | 1.8M | 20.1M | 35.5M | 53.3M | 56.0M | |
Total Stockholder Equity | 535K | (4.1M) | 114.7M | 77.1M | 29.2M | 30.7M | |
Net Debt | (696K) | 40K | 17.5M | 30.3M | 17.4M | 18.3M | |
Retained Earnings | (33.9M) | (39.2M) | (71.1M) | (122.3M) | (182.7M) | (173.5M) | |
Common Stock Shares Outstanding | 175.3K | 1.2M | 9.4M | 12.7M | 15.7M | 16.4M | |
Non Current Liabilities Total | 26K | 5.5M | 10.6M | 21.6M | 1.1M | 1.0M | |
Other Stockholder Equity | 34.5M | 35.1M | 186.4M | 199.3M | 211.3M | 221.8M | |
Total Liab | 641K | 7.3M | 30.7M | 57.2M | 54.4M | 57.1M | |
Short Term Debt | 22K | 311.5K | 12.3M | 24.9M | 22.3M | 23.4M | |
Common Stock | 16K | 33K | 186.4M | 194.3M | 16.6K | 15.8K | |
Total Assets | 1.2M | 3.2M | 145.3M | 133.3M | 84.8M | 89.0M | |
Liabilities And Stockholders Equity | 1.2M | 3.2M | 145.3M | 133.3M | 84.8M | 89.0M | |
Other Current Assets | 419K | 586.0K | 373.0K | 8.9M | 3.6M | 3.7M | |
Total Current Assets | 1.1M | 3.2M | 11.4M | 20.3M | 20.1M | 21.1M | |
Current Deferred Revenue | 272K | 365K | (1.3M) | (34.2B) | 7.1M | 7.5M | |
Cash | 718K | 247K | 5.5M | 946.3K | 4.5M | 4.7M | |
Cash And Short Term Investments | 728K | 3.1M | 5.5M | 946.3K | 4.5M | 2.3M | |
Net Receivables | 286K | 55.7K | 5.6M | 10.5M | 12.1M | 12.7M | |
Short Term Investments | 10K | 2.8M | 40.8K | (3.2M) | (2.9M) | (2.8M) | |
Net Invested Capital | 535K | (3.9M) | 133.5M | 105.2M | 48.6M | 45.1M | |
Property Plant And Equipment Gross | 29K | 7K | 132.3M | 148.3M | 152.1M | 159.7M | |
Net Working Capital | 506K | 1.3M | (8.6M) | (15.2M) | (33.2M) | (31.5M) | |
Capital Stock | 16K | 33K | 0.0 | 13.6K | 16.6K | 11.9K |
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When determining whether Mawson Infrastructure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mawson Infrastructure'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 Mawson Infrastructure Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mawson Infrastructure Group Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mawson Infrastructure Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks 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 Mawson Infrastructure. If investors know Mawson 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 Mawson Infrastructure 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 (0.98) | Earnings Share (3.13) | Revenue Per Share 3.406 | Quarterly Revenue Growth 0.243 | Return On Assets (0.32) |
The market value of Mawson Infrastructure is measured differently than its book value, which is the value of Mawson that is recorded on the company's balance sheet. Investors also form their own opinion of Mawson Infrastructure's value that differs from its market value or its book value, called intrinsic value, which is Mawson Infrastructure'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 Mawson Infrastructure's market value can be influenced by many factors that don't directly affect Mawson Infrastructure'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 Mawson Infrastructure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mawson Infrastructure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mawson Infrastructure'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.