Mirion Current Deferred Revenue vs Long Term Debt Analysis

MIR Stock  USD 16.58  0.20  1.19%   
Mirion Technologies financial indicator trend analysis is infinitely more than just investigating Mirion Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mirion Technologies is a good investment. Please check the relationship between Mirion Technologies Current Deferred Revenue and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirion Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Mirion Stock, please use our How to Invest in Mirion Technologies guide.

Current Deferred Revenue vs Long Term Debt

Current Deferred Revenue vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mirion Technologies Current Deferred Revenue account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Mirion Technologies' Current Deferred Revenue and Long Term Debt is -0.97. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Mirion Technologies, assuming nothing else is changed. The correlation between historical values of Mirion Technologies' Current Deferred Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Mirion Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Mirion Technologies' Current Deferred Revenue and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Long Term Debt

Long-term debt is a debt that Mirion Technologies has held for over one year. Long-term debt appears on Mirion Technologies 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 Mirion Technologies 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.
Most indicators from Mirion Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mirion Technologies 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 Mirion Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Mirion Stock, please use our How to Invest in Mirion Technologies guide.At this time, Mirion Technologies' Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Sales General And Administrative To Revenue is likely to grow to 0.44, while Issuance Of Capital Stock is likely to drop slightly above 128.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit251.8M317.2M356.4M263.4M
Total Revenue611.6M717.8M800.9M624.0M

Mirion Technologies fundamental ratios Correlations

0.590.350.66-0.570.590.610.310.390.430.560.58-0.290.420.830.480.27-0.550.560.560.010.560.46-0.60.56-0.71
0.590.440.8-0.940.930.20.40.550.910.970.990.140.880.820.90.660.290.950.950.630.910.9-0.180.97-0.93
0.350.44-0.01-0.350.620.140.930.90.50.60.50.460.690.70.740.50.270.520.520.480.740.74-0.010.59-0.62
0.660.8-0.01-0.690.730.22-0.090.060.70.650.72-0.140.430.650.560.35-0.10.640.640.350.610.55-0.430.65-0.71
-0.57-0.94-0.35-0.69-0.82-0.18-0.43-0.59-0.84-0.92-0.960.08-0.87-0.71-0.8-0.56-0.27-0.94-0.95-0.56-0.81-0.80.15-0.930.87
0.590.930.620.73-0.820.190.570.680.920.910.910.240.820.890.960.520.30.830.830.630.980.95-0.160.9-0.92
0.610.20.140.22-0.180.190.050.08-0.160.190.190.120.120.510.20.16-0.50.180.18-0.580.180.20.070.19-0.15
0.310.40.93-0.09-0.430.570.050.980.520.580.490.230.70.60.680.330.30.510.510.480.690.68-0.030.57-0.61
0.390.550.90.06-0.590.680.080.980.630.70.630.180.790.680.770.370.320.640.640.540.780.77-0.050.7-0.71
0.430.910.50.7-0.840.92-0.160.520.630.90.90.070.830.710.870.50.420.840.840.850.910.86-0.280.89-0.92
0.560.970.60.65-0.920.910.190.580.70.90.990.190.960.840.940.70.330.980.970.670.950.94-0.161.0-0.95
0.580.990.50.72-0.960.910.190.490.630.90.990.120.930.820.910.670.310.980.980.640.920.91-0.170.99-0.94
-0.290.140.46-0.140.080.240.120.230.180.070.190.120.260.190.420.530.580.120.110.190.30.440.660.17-0.01
0.420.880.690.43-0.870.820.120.70.790.830.960.930.260.750.910.740.460.950.950.690.90.91-0.020.96-0.87
0.830.820.70.65-0.710.890.510.60.680.710.840.820.190.750.870.55-0.060.780.780.360.90.86-0.290.84-0.89
0.480.90.740.56-0.80.960.20.680.770.870.940.910.420.910.870.680.430.870.870.660.991.00.00.93-0.89
0.270.660.50.35-0.560.520.160.330.370.50.70.670.530.740.550.680.40.780.770.490.610.680.160.71-0.57
-0.550.290.27-0.1-0.270.3-0.50.30.320.420.330.310.580.46-0.060.430.40.310.310.650.340.450.620.33-0.13
0.560.950.520.64-0.940.830.180.510.640.840.980.980.120.950.780.870.780.311.00.640.870.87-0.150.98-0.91
0.560.950.520.64-0.950.830.180.510.640.840.970.980.110.950.780.870.770.311.00.630.870.86-0.150.98-0.91
0.010.630.480.35-0.560.63-0.580.480.540.850.670.640.190.690.360.660.490.650.640.630.680.66-0.170.67-0.67
0.560.910.740.61-0.810.980.180.690.780.910.950.920.30.90.90.990.610.340.870.870.680.98-0.140.94-0.94
0.460.90.740.55-0.80.950.20.680.770.860.940.910.440.910.861.00.680.450.870.860.660.980.040.93-0.88
-0.6-0.18-0.01-0.430.15-0.160.07-0.03-0.05-0.28-0.16-0.170.66-0.02-0.290.00.160.62-0.15-0.15-0.17-0.140.04-0.160.42
0.560.970.590.65-0.930.90.190.570.70.891.00.990.170.960.840.930.710.330.980.980.670.940.93-0.16-0.95
-0.71-0.93-0.62-0.710.87-0.92-0.15-0.61-0.71-0.92-0.95-0.94-0.01-0.87-0.89-0.89-0.57-0.13-0.91-0.91-0.67-0.94-0.880.42-0.95
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Mirion Technologies Account Relationship Matchups

Mirion Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab636.0375.1K64.7M65.6M91.3M57.3M
Total Current Liabilities636.01.3M221M244.3M265.7M279.0M
Other Liab119.9M142.3M265.6M191.3M220.0M116.3M
Net Tangible Assets(1.5B)(1.8B)(776.3M)(670.2M)(603.2M)(633.3M)
Retained Earnings(636.0)(1.0M)(131.6M)(408.5M)(505.4M)(480.1M)
Accounts Payable636.0965.4K59.4M67.7M58.7M29.4M
Other Assets(845M)16.7M24.5M24.8M22.3M23.4M
Other Current Assets19.5M599.2K27.2M33.4M30M23.9M
Other Stockholder Equity(10.9M)6.0M1.8B1.9B2.1B2.2B
Property Plant Equipment75.2M88.8M169.7M164.9M189.6M199.1M
Common Stock Shares Outstanding20.1M57.0M208.1M181.1M196.4M133.8M
Total Stockholder Equity4.4K723.7M1.7B(408.5M)1.5B1.6B
Net Debt1.5B1.7B776.6M776.1M592M709.0M
Non Current Assets Total845M750.3M2.7B2.2B2.2B1.6B
Non Current Liabilities Total1.5B26.3M1.1B801.5M902.8M789.9M
Total Liab636.027.6M1.3B1.3B1.2B697.0M
Net Invested Capital4.4K723.7M2.5B2.2B2.2B1.4B
Net Working Capital4.4K(358.0K)232.5M236.3M272.9M286.5M

Additional Tools for Mirion Stock Analysis

When running Mirion Technologies' price analysis, check to measure Mirion Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirion Technologies is operating at the current time. Most of Mirion Technologies' value examination focuses on studying past and present price action to predict the probability of Mirion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirion Technologies' price. Additionally, you may evaluate how the addition of Mirion Technologies to your portfolios can decrease your overall portfolio volatility.