MIRC Total Other Income Expense Net vs Gross Profit Analysis

MIRCELECTR

22.38 0.57 2.61%

MIRC Electronics financial indicator trend analysis is infinitely more than just investigating MIRC Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MIRC Electronics is a good investment. Please check the relationship between MIRC Electronics Total Other Income Expense Net and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIRC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Total Other Income Expense Net vs Gross Profit

Total Other Income Expense Net vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MIRC Electronics Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between MIRC Electronics' Total Other Income Expense Net and Gross Profit is -0.61. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit in the same time period over historical financial statements of MIRC Electronics Limited, assuming nothing else is changed. The correlation between historical values of MIRC Electronics' Total Other Income Expense Net and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of MIRC Electronics Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Other Income Expense Net i.e., MIRC Electronics' Total Other Income Expense Net and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Other Income Expense Net

Gross Profit

Gross profit is a required income statement account that reflects total revenue of MIRC Electronics Limited minus its cost of goods sold. It is profit before MIRC Electronics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from MIRC Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MIRC Electronics 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 MIRC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

As of January 24, 2025, Selling General Administrative is expected to decline to about 43.8 M

	2022	2023	2024	2025 (projected)
Interest Expense	109M	150.5M	135.5M	161.2M
Depreciation And Amortization	90.4M	79.8M	71.8M	117.9M

Interest Expense Depreciation And Amortization

MIRC Electronics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Short Term Investments	Intangible Assets	Current Deferred Revenue	Retained Earnings
Total Assets		0.04	0.67	0.56	0.28	0.6	-0.05	0.65	0.65	-0.13	0.5	0.46	-0.64	0.13	0.41	0.08	-0.12	0.86	0.92	0.3	-0.68	0.34	-0.1	-0.52	-0.3	0.63
Short Long Term Debt Total	0.04		-0.1	0.27	-0.61	0.38	0.99	0.33	0.34	-0.03	0.29	0.17	-0.5	0.03	-0.38	-0.13	-0.16	0.36	-0.12	0.9	-0.39	-0.33	-0.29	-0.33	-0.28	0.03
Other Current Liab	0.67	-0.1		0.41	0.17	0.66	-0.22	0.8	0.8	-0.07	0.79	0.44	-0.69	0.12	-0.12	-0.27	-0.29	0.59	0.43	0.23	-0.76	-0.07	-0.44	-0.51	-0.44	0.7
Total Current Liabilities	0.56	0.27	0.41		-0.48	0.1	0.21	0.46	0.24	0.21	0.55	0.38	-0.33	-0.49	0.34	-0.13	-0.61	0.82	0.58	0.44	-0.31	0.24	-0.08	-0.56	-0.37	-0.04
Total Stockholder Equity	0.28	-0.61	0.17	-0.48		0.18	-0.63	0.01	0.14	-0.31	-0.23	-0.24	-0.01	0.31	0.24	0.44	0.39	-0.25	0.27	-0.54	-0.08	0.07	0.2	0.36	0.23	0.54
Property Plant And Equipment Net	0.6	0.38	0.66	0.1	0.18		0.28	0.76	0.93	-0.13	0.64	0.41	-0.92	0.56	-0.27	-0.25	0.1	0.5	0.27	0.61	-0.94	-0.11	-0.55	-0.45	-0.45	0.78
Net Debt	-0.05	0.99	-0.22	0.21	-0.63	0.28		0.2	0.23	-0.05	0.17	0.13	-0.39	0.03	-0.35	-0.12	-0.1	0.28	-0.18	0.85	-0.27	-0.3	-0.2	-0.28	-0.23	-0.06
Cash	0.65	0.33	0.8	0.46	0.01	0.76	0.2		0.83	0.04	0.89	0.28	-0.86	-0.01	-0.33	-0.05	-0.42	0.65	0.39	0.62	-0.84	-0.29	-0.65	-0.45	-0.36	0.7
Non Current Assets Total	0.65	0.34	0.8	0.24	0.14	0.93	0.23	0.83		-0.17	0.74	0.42	-0.92	0.36	-0.29	-0.26	-0.16	0.58	0.3	0.59	-0.96	-0.23	-0.58	-0.54	-0.52	0.82
Non Currrent Assets Other	-0.13	-0.03	-0.07	0.21	-0.31	-0.13	-0.05	0.04	-0.17		0.3	0.23	0.08	-0.12	-0.12	-0.27	-0.09	0.03	-0.07	0.07	0.09	0.17	-0.44	-0.19	-0.17	-0.28
Cash And Short Term Investments	0.5	0.29	0.79	0.55	-0.23	0.64	0.17	0.89	0.74	0.3		0.34	-0.76	-0.05	-0.38	-0.34	-0.47	0.62	0.24	0.6	-0.77	-0.22	-0.73	-0.63	-0.57	0.48
Net Receivables	0.46	0.17	0.44	0.38	-0.24	0.41	0.13	0.28	0.42	0.23	0.34		-0.37	0.33	0.05	-0.43	0.04	0.59	0.36	0.37	-0.43	0.33	-0.19	-0.55	-0.5	0.18
Common Stock Shares Outstanding	-0.64	-0.5	-0.69	-0.33	-0.01	-0.92	-0.39	-0.86	-0.92	0.08	-0.76	-0.37		-0.24	0.28	0.23	0.21	-0.63	-0.33	-0.74	0.96	0.27	0.57	0.47	0.44	-0.71
Non Current Liabilities Total	0.13	0.03	0.12	-0.49	0.31	0.56	0.03	-0.01	0.36	-0.12	-0.05	0.33	-0.24		-0.1	-0.28	0.78	-0.03	-0.02	0.07	-0.33	0.32	-0.16	-0.22	-0.21	0.36
Inventory	0.41	-0.38	-0.12	0.34	0.24	-0.27	-0.35	-0.33	-0.29	-0.12	-0.38	0.05	0.28	-0.1		0.23	0.12	0.29	0.67	-0.37	0.23	0.75	0.65	-0.03	0.16	-0.15
Other Current Assets	0.08	-0.13	-0.27	-0.13	0.44	-0.25	-0.12	-0.05	-0.26	-0.27	-0.34	-0.43	0.23	-0.28	0.23		0.07	-0.15	0.23	-0.24	0.25	-0.08	0.36	0.42	0.37	0.01
Other Stockholder Equity	-0.12	-0.16	-0.29	-0.61	0.39	0.1	-0.1	-0.42	-0.16	-0.09	-0.47	0.04	0.21	0.78	0.12	0.07		-0.33	-0.07	-0.29	0.13	0.45	0.31	0.17	0.05	-0.05
Total Liab	0.86	0.36	0.59	0.82	-0.25	0.5	0.28	0.65	0.58	0.03	0.62	0.59	-0.63	-0.03	0.29	-0.15	-0.33		0.78	0.58	-0.64	0.31	-0.2	-0.71	-0.43	0.35
Total Current Assets	0.92	-0.12	0.43	0.58	0.27	0.27	-0.18	0.39	0.3	-0.07	0.24	0.36	-0.33	-0.02	0.67	0.23	-0.07	0.78		0.07	-0.35	0.55	0.18	-0.37	-0.11	0.36
Short Term Debt	0.3	0.9	0.23	0.44	-0.54	0.61	0.85	0.62	0.59	0.07	0.6	0.37	-0.74	0.07	-0.37	-0.24	-0.29	0.58	0.07		-0.65	-0.27	-0.49	-0.52	-0.46	0.25
Common Stock	-0.68	-0.39	-0.76	-0.31	-0.08	-0.94	-0.27	-0.84	-0.96	0.09	-0.77	-0.43	0.96	-0.33	0.23	0.25	0.13	-0.64	-0.35	-0.65		0.18	0.54	0.52	0.5	-0.74
Accounts Payable	0.34	-0.33	-0.07	0.24	0.07	-0.11	-0.3	-0.29	-0.23	0.17	-0.22	0.33	0.27	0.32	0.75	-0.08	0.45	0.31	0.55	-0.27	0.18		0.37	-0.28	-0.12	-0.24
Short Term Investments	-0.1	-0.29	-0.44	-0.08	0.2	-0.55	-0.2	-0.65	-0.58	-0.44	-0.73	-0.19	0.57	-0.16	0.65	0.36	0.31	-0.2	0.18	-0.49	0.54	0.37		0.38	0.29	-0.38
Intangible Assets	-0.52	-0.33	-0.51	-0.56	0.36	-0.45	-0.28	-0.45	-0.54	-0.19	-0.63	-0.55	0.47	-0.22	-0.03	0.42	0.17	-0.71	-0.37	-0.52	0.52	-0.28	0.38		0.79	-0.25
Current Deferred Revenue	-0.3	-0.28	-0.44	-0.37	0.23	-0.45	-0.23	-0.36	-0.52	-0.17	-0.57	-0.5	0.44	-0.21	0.16	0.37	0.05	-0.43	-0.11	-0.46	0.5	-0.12	0.29	0.79		-0.14
Retained Earnings	0.63	0.03	0.7	-0.04	0.54	0.78	-0.06	0.7	0.82	-0.28	0.48	0.18	-0.71	0.36	-0.15	0.01	-0.05	0.35	0.36	0.25	-0.74	-0.24	-0.38	-0.25	-0.14

Click cells to compare fundamentals

MIRC Electronics Account Relationship Matchups

MIRC Electronics fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.7B	7.0B	5.3B	5.7B	5.1B	5.2B
Short Long Term Debt Total	853.5M	683.3M	817.4M	1.0B	935.2M	1.1B
Other Current Liab	203.2M	795K	107.4M	264.2M	237.7M	225.8M
Total Current Liabilities	4.2B	4.8B	3.2B	4.2B	4.8B	4.2B
Total Stockholder Equity	2.2B	2.0B	1.9B	1.3B	1.2B	1.6B
Property Plant And Equipment Net	915.3M	923.4M	872.3M	780.4M	702.4M	1.2B
Net Debt	772.2M	626.9M	778.7M	988.0M	889.2M	912.4M
Cash	81.3M	56.4M	38.7M	51.1M	46.0M	43.7M
Non Current Assets Total	1.2B	1.3B	1.4B	1.3B	1.2B	1.4B
Non Currrent Assets Other	265.7M	266.3M	417.2M	539.0M	619.9M	650.8M
Cash And Short Term Investments	81.3M	56.4M	124.6M	159.9M	143.9M	153.9M
Net Receivables	1.5B	1.2B	895.7M	1.6B	1.5B	1.2B
Liabilities And Stockholders Equity	6.7B	7.0B	5.3B	5.7B	5.1B	5.2B
Non Current Liabilities Total	187.9M	228.2M	203.7M	234.7M	211.2M	200.6M
Inventory	3.5B	4.2B	2.7B	2.5B	2.9B	3.0B
Other Current Assets	1.8B	1.4B	126.3M	73.3M	84.3M	80.1M
Total Liab	4.4B	5.0B	3.4B	4.4B	4.0B	3.6B
Total Current Assets	5.4B	5.7B	3.9B	4.4B	3.9B	3.8B
Accumulated Other Comprehensive Income	1.1B	1.1B	1.1B	1.1B	1.3B	1.3B
Short Term Debt	630.2M	533.3M	688.9M	882.9M	794.6M	965.4M
Accounts Payable	3.2B	3.8B	2.1B	3.0B	3.4B	2.7B
Intangible Assets	2.4M	2.0M	1.5M	965K	1.1M	2.0M
Current Deferred Revenue	223.7M	414.8M	240.7M	42.5M	48.9M	46.5M
Retained Earnings	(280.9M)	(483.5M)	116.5M	(1.2B)	(1.1B)	(1.1B)
Other Liab	55.5M	103.9M	78.2M	75.2M	86.5M	56.5M
Net Tangible Assets	2.2B	2.2B	2.0B	1.9B	2.2B	2.0B
Other Assets	300.2M	387.5M	417.2M	(90.0K)	(81.0K)	(76.9K)
Long Term Debt	84M	146.2M	116.6M	155.7M	179.1M	100.4M
Short Long Term Debt	692.2M	530.8M	677M	871.5M	784.4M	641.3M
Property Plant Equipment	955.5M	915.3M	923.4M	872.5M	785.2M	893.1M
Long Term Debt Total	131.8M	84.0M	150M	128.5M	147.8M	113.2M
Deferred Long Term Liab	14.4M	3.7M	69K	12K	10.8K	10.3K
Net Invested Capital	3.0B	2.7B	2.7B	2.3B	2.1B	2.2B
Net Working Capital	1.2B	934.2M	691.4M	183.4M	165.1M	156.8M
Property Plant And Equipment Gross	3.4B	3.5B	872.3M	780.5M	702.5M	667.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

F	Ford Motor
GM	General Motors
S	SentinelOne

Other Information on Investing in MIRC Stock

Balance Sheet is a snapshot of the financial position of MIRC Electronics at a specified time, usually calculated after every quarter, six months, or one year. MIRC Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MIRC Electronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MIRC currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

MIRC Total Other Income Expense Net vs Gross Profit Analysis

Total Other Income Expense Net vs Gross Profit

Total Other Income Expense Net vs Gross Profit Correlation Analysis

Correlation Coefficient

Total Other Income Expense Net

Gross Profit

MIRC Electronics fundamental ratios Correlations

MIRC Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MIRC Electronics fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in MIRC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Common Stock	+ 0.96	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.93	Property Plant And Equipment Net
Total Current Assets	+ 0.92	Total Assets
Short Term Debt	+ 0.9	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.89	Cash

Common Stock	- 0.96	Non Current Assets Total
Common Stock	- 0.94	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.92	Non Current Assets Total
Common Stock Shares Outstanding	- 0.92	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.86	Cash
Common Stock	- 0.84	Cash