MedMira Non Current Liabilities Total vs Total Liab Analysis

MIR Stock  CAD 0.09  0.01  5.56%   
MedMira financial indicator trend analysis is infinitely more than just investigating MedMira recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MedMira is a good investment. Please check the relationship between MedMira Non Current Liabilities Total and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MedMira. 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 Liabilities Total vs Total Liab

Non Current Liabilities Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MedMira Non Current Liabilities Total account and Total Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between MedMira's Non Current Liabilities Total and Total Liab is 0.24. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of MedMira, assuming nothing else is changed. The correlation between historical values of MedMira's Non Current Liabilities Total and Total Liab 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 MedMira are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Liabilities Total i.e., MedMira's Non Current Liabilities Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from MedMira's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MedMira 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 MedMira. 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.
Selling General Administrative is likely to climb to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit304.0K300.4K345.4K328.2K
Total Revenue952.1K432.5K497.4K472.5K

MedMira fundamental ratios Correlations

0.490.520.47-0.230.70.590.14-0.310.73-0.04-0.310.56-0.150.270.290.380.550.740.2-0.150.140.10.00.840.0
0.490.740.88-0.890.810.7-0.530.090.79-0.530.080.330.550.2-0.370.470.94-0.080.680.460.590.4-0.40.84-0.27
0.520.740.82-0.780.810.47-0.450.140.8-0.530.140.640.570.04-0.30.190.830.170.560.410.680.63-0.230.68-0.62
0.470.880.82-0.860.70.6-0.550.10.69-0.460.10.310.59-0.12-0.350.370.93-0.030.810.490.640.41-0.290.72-0.21
-0.23-0.89-0.78-0.86-0.71-0.460.78-0.31-0.670.71-0.31-0.32-0.76-0.160.63-0.34-0.90.32-0.63-0.67-0.75-0.360.46-0.60.31
0.70.810.810.7-0.710.7-0.36-0.111.0-0.36-0.110.720.460.34-0.140.350.820.140.390.290.490.47-0.510.84-0.47
0.590.70.470.6-0.460.70.09-0.650.730.04-0.650.380.020.030.330.60.590.120.55-0.20.010.19-0.520.73-0.17
0.14-0.53-0.45-0.550.78-0.360.09-0.7-0.290.72-0.7-0.16-0.93-0.180.94-0.12-0.60.53-0.32-0.95-0.79-0.260.33-0.180.18
-0.310.090.140.1-0.31-0.11-0.65-0.7-0.18-0.621.0-0.170.560.18-0.86-0.330.17-0.26-0.040.770.610.170.3-0.13-0.07
0.730.790.80.69-0.671.00.73-0.29-0.18-0.3-0.180.720.40.32-0.070.350.80.180.390.220.430.46-0.510.85-0.47
-0.04-0.53-0.53-0.460.71-0.360.040.72-0.62-0.3-0.63-0.17-0.58-0.420.77-0.13-0.60.23-0.16-0.71-0.71-0.280.11-0.330.2
-0.310.080.140.1-0.31-0.11-0.65-0.71.0-0.18-0.63-0.170.560.17-0.86-0.330.16-0.26-0.040.770.610.170.3-0.14-0.07
0.560.330.640.31-0.320.720.38-0.16-0.170.72-0.17-0.170.320.41-0.040.230.470.32-0.080.190.440.58-0.420.42-0.59
-0.150.550.570.59-0.760.460.02-0.930.560.4-0.580.560.320.05-0.820.050.61-0.540.390.90.760.53-0.440.18-0.45
0.270.20.04-0.12-0.160.340.03-0.180.180.32-0.420.170.410.05-0.260.050.240.04-0.570.250.330.13-0.290.25-0.03
0.29-0.37-0.3-0.350.63-0.140.330.94-0.86-0.070.77-0.86-0.04-0.82-0.26-0.02-0.440.51-0.13-0.95-0.79-0.260.12-0.010.15
0.380.470.190.37-0.340.350.6-0.12-0.330.35-0.13-0.330.230.050.05-0.020.370.150.380.030.1-0.09-0.120.520.09
0.550.940.830.93-0.90.820.59-0.60.170.8-0.60.160.470.610.24-0.440.37-0.010.580.570.760.49-0.40.79-0.26
0.74-0.080.17-0.030.320.140.120.53-0.260.180.23-0.260.32-0.540.040.510.15-0.01-0.09-0.47-0.17-0.040.560.380.04
0.20.680.560.81-0.630.390.55-0.32-0.040.39-0.16-0.04-0.080.39-0.57-0.130.380.58-0.090.190.220.16-0.070.51-0.16
-0.150.460.410.49-0.670.29-0.2-0.950.770.22-0.710.770.190.90.25-0.950.030.57-0.470.190.850.41-0.250.12-0.2
0.140.590.680.64-0.750.490.01-0.790.610.43-0.710.610.440.760.33-0.790.10.76-0.170.220.850.59-0.20.33-0.36
0.10.40.630.41-0.360.470.19-0.260.170.46-0.280.170.580.530.13-0.26-0.090.49-0.040.160.410.59-0.230.26-0.82
0.0-0.4-0.23-0.290.46-0.51-0.520.330.3-0.510.110.3-0.42-0.44-0.290.12-0.12-0.40.56-0.07-0.25-0.2-0.23-0.150.22
0.840.840.680.72-0.60.840.73-0.18-0.130.85-0.33-0.140.420.180.25-0.010.520.790.380.510.120.330.26-0.15-0.16
0.0-0.27-0.62-0.210.31-0.47-0.170.18-0.07-0.470.2-0.07-0.59-0.45-0.030.150.09-0.260.04-0.16-0.2-0.36-0.820.22-0.16
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MedMira Account Relationship Matchups

MedMira fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M3.9M3.8M3.7M3.3M1.7M
Short Long Term Debt Total11.9M11.5M8.3M9.3M10.7M9.1M
Other Current Liab3.5M4.2M4.5M5.4M6.2M6.5M
Total Current Liabilities15.8M17.4M14.1M15.7M18.1M11.7M
Total Stockholder Equity(15.6M)(15.7M)(12.4M)(15.0M)(13.5M)(14.2M)
Property Plant And Equipment Net2.5M2.3M2.2M2.0M2.3M2.4M
Net Debt11.5M13.8M8.3M9.3M10.6M9.2M
Retained Earnings(92.8M)(93.5M)(95.3M)(98.0M)(88.2M)(92.6M)
Cash401.9K(2.3M)33.5K13.2K15.2K15.9K
Non Current Assets Total2.5M2.3M2.2M2.0M2.3M2.4M
Cash And Short Term Investments401.9K(2.3M)33.5K13.2K15.2K15.9K
Net Receivables207.8K1.3M1.4M1.4M1.6M1.7M
Liabilities And Stockholders Equity3.4M3.9M3.8M3.7M3.3M1.7M
Non Current Liabilities Total3.2M2.2M2.0M3.0M2.7M1.7M
Inventory222.6K235.8K202.0K182.4K164.2K156.0K
Other Current Assets78.8K2.4M53.9K69.2K79.6K75.6K
Total Liab19.0M19.6M16.2M18.7M21.5M13.9M
Total Current Assets911.1K1.6M1.7M1.7M1.5M1.1M
Short Term Debt8.8M9.3M6.3M6.3M7.3M7.3M
Accounts Payable2.3M2.7M2.7M3.3M3.8M2.8M
Other Stockholder Equity2.7M7.8K29.5K(2.5K)(2.3K)(2.1K)
Accumulated Other Comprehensive Income11.0M13.8M13.8M14.6M16.8M17.6M
Current Deferred Revenue1.2M1.2M596.7K749.9K862.4K507.5K
Net Tangible Assets(13.5M)(15.6M)(15.7M)(12.4M)(11.1M)(11.7M)
Short Long Term Debt8.6M9.2M6.1M6.1M7.1M7.1M
Property Plant Equipment6.7K2.5M2.3M2.2M2.5M2.6M
Net Invested Capital(6.1M)(6.5M)(6.2M)(7.8M)(7.0M)(7.3M)
Net Working Capital(14.9M)(15.8M)(12.5M)(14.0M)(12.6M)(13.3M)

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Additional Tools for MedMira Stock Analysis

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