Mesa Good Will vs Net Working Capital Analysis

MLAB Stock  USD 109.09  8.23  8.16%   
Mesa Laboratories financial indicator trend analysis is infinitely more than just investigating Mesa Laboratories recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mesa Laboratories is a good investment. Please check the relationship between Mesa Laboratories Good Will and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Mesa Stock refer to our How to Trade Mesa Stock guide.

Good Will vs Net Working Capital

Good Will vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Laboratories Good Will account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mesa Laboratories' Good Will and Net Working Capital is 0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Mesa Laboratories, assuming nothing else is changed. The correlation between historical values of Mesa Laboratories' Good Will and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Mesa Laboratories are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Good Will i.e., Mesa Laboratories' Good Will and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Working Capital

Most indicators from Mesa Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mesa Laboratories 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 Mesa Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Mesa Stock refer to our How to Trade Mesa Stock guide.At present, Mesa Laboratories' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 564.5 M, whereas Tax Provision is projected to grow to (20.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit109.1M133.7M133.3M139.9M
Total Revenue184.3M219.1M216.2M227.0M

Mesa Laboratories fundamental ratios Correlations

0.730.910.90.710.48-0.140.560.970.410.620.560.910.940.770.470.930.80.810.920.320.910.92-0.10.750.91
0.730.910.510.870.7-0.310.120.780.210.140.120.860.710.860.120.820.870.440.790.420.80.84-0.420.50.73
0.910.910.690.890.7-0.370.320.920.170.460.320.970.880.90.380.960.940.650.940.250.950.98-0.270.730.92
0.90.510.690.410.130.260.690.840.580.70.690.670.860.480.480.670.510.810.670.370.640.720.030.60.68
0.710.870.890.410.73-0.540.170.730.060.190.170.860.70.860.150.850.950.490.840.160.860.83-0.360.590.81
0.480.70.70.130.73-0.61-0.380.64-0.320.09-0.380.770.480.850.310.730.83-0.010.730.230.730.71-0.420.490.62
-0.14-0.31-0.370.26-0.54-0.610.15-0.150.450.220.15-0.42-0.21-0.530.17-0.46-0.53-0.07-0.470.3-0.51-0.330.12-0.19-0.52
0.560.120.320.690.17-0.380.150.350.660.491.00.250.530.050.10.350.110.920.36-0.090.360.310.280.40.46
0.970.780.920.840.730.64-0.150.350.280.590.350.940.910.840.530.930.850.640.930.40.910.95-0.190.740.88
0.410.210.170.580.06-0.320.450.660.280.070.660.140.310.07-0.210.190.00.60.20.580.170.12-0.050.060.17
0.620.140.460.70.190.090.220.490.590.070.490.420.560.170.910.460.280.540.46-0.220.440.560.190.80.45
0.560.120.320.690.17-0.380.151.00.350.660.490.250.530.050.10.350.110.920.36-0.090.360.310.280.40.46
0.910.860.970.670.860.77-0.420.250.940.140.420.250.880.950.380.970.960.590.970.330.960.97-0.20.690.94
0.940.710.880.860.70.48-0.210.530.910.310.560.530.880.760.40.890.790.760.880.260.870.89-0.120.680.9
0.770.860.90.480.860.85-0.530.050.840.070.170.050.950.760.190.910.950.420.90.420.90.89-0.290.510.86
0.470.120.380.480.150.310.170.10.53-0.210.910.10.380.40.190.390.290.190.39-0.20.360.510.080.770.31
0.930.820.960.670.850.73-0.460.350.930.190.460.350.970.890.910.390.920.671.00.231.00.95-0.220.770.97
0.80.870.940.510.950.83-0.530.110.850.00.280.110.960.790.950.290.920.470.910.240.930.92-0.320.620.88
0.810.440.650.810.49-0.01-0.070.920.640.60.540.920.590.760.420.190.670.470.670.050.680.630.150.590.75
0.920.790.940.670.840.73-0.470.360.930.20.460.360.970.880.90.391.00.910.670.231.00.94-0.20.770.97
0.320.420.250.370.160.230.3-0.090.40.58-0.22-0.090.330.260.42-0.20.230.240.050.230.190.23-0.31-0.170.13
0.910.80.950.640.860.73-0.510.360.910.170.440.360.960.870.90.361.00.930.681.00.190.94-0.210.770.97
0.920.840.980.720.830.71-0.330.310.950.120.560.310.970.890.890.510.950.920.630.940.230.94-0.20.790.91
-0.1-0.42-0.270.03-0.36-0.420.120.28-0.19-0.050.190.28-0.2-0.12-0.290.08-0.22-0.320.15-0.2-0.31-0.21-0.2-0.07-0.08
0.750.50.730.60.590.49-0.190.40.740.060.80.40.690.680.510.770.770.620.590.77-0.170.770.79-0.070.7
0.910.730.920.680.810.62-0.520.460.880.170.450.460.940.90.860.310.970.880.750.970.130.970.91-0.080.7
Click cells to compare fundamentals

Mesa Laboratories Account Relationship Matchups

Mesa Laboratories fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets420.2M600.2M707.4M661.8M446.8M469.1M
Other Current Liab14.7M9.9M14.8M20.0M18.2M19.1M
Total Current Liabilities26.0M32.6M48.1M43.4M44.3M46.5M
Total Stockholder Equity220.0M406.2M393.8M393.5M145.4M74.1M
Property Plant And Equipment Net22.1M22.0M28.6M28.1M41.4M43.5M
Net Debt60.0M(117.2M)171.8M137.4M203.1M213.2M
Retained Earnings71.9M72.5M76.7M74.2M(183.5M)(174.3M)
Cash81.4M263.9M49.3M32.9M28.2M17.3M
Non Current Assets Total297.4M297.1M583.1M542.9M337.4M354.3M
Non Currrent Assets Other275.3M275.1M11.8M209.0M867K823.7K
Other Assets11.5M275.1M554.4M2.8M1.00.95
Cash And Short Term Investments81.4M263.9M49.3M32.9M28.2M17.5M
Net Receivables21.1M23.8M41.2M42.6M39.1M41.0M
Common Stock Shares Outstanding4.4M5.1M5.3M5.4M5.4M4.3M
Liabilities And Stockholders Equity420.2M600.2M707.4M661.8M446.8M469.1M
Inventory14.2M11.2M24.6M34.6M32.7M34.3M
Other Stockholder Equity60K16.1M323.1M(12.8M)(1.0)(0.95)
Total Liab200.2M193.9M313.6M268.4M301.4M316.5M
Property Plant And Equipment Gross22.1M22.0M46.3M47.9M54.3M57.0M
Total Current Assets122.8M303.0M124.3M119.0M109.4M114.8M
Accumulated Other Comprehensive Income(9.9M)16.1M3.7M(12.8M)(14.8M)(14.0M)
Non Current Liabilities Total174.2M162.7M265.5M225.0M257.1M269.9M
Other Current Assets41.4M4.9M9.1M86.1M9.4M10.2M
Short Long Term Debt Total141.4M146.7M221.1M186.1M231.3M242.9M
Accounts Payable3.4M4.5M7.9M6.1M6.0M6.3M
Short Term Debt1.1M14.8M6.9M2.9M3.0M4.5M
Intangible Assets119.9M111.7M250.1M18.2M113.8M119.4M
Common Stock Total Equity39.8M158.0M317.7M332.1M381.9M401.0M
Common Stock158.0M317.7M313.5M332.1M343.6M360.8M
Property Plant Equipment22.1M22.0M28.6M28.1M32.4M34.0M
Good Will141.5M160.8M291.2M286.4M180.1M189.1M
Current Deferred Revenue6.8M8.8M14.6M14.4M15.5M16.3M
Long Term Debt140.3M145.7M218.4M183.3M221.7M232.8M
Net Tangible Assets(41.4M)294.5M393.8M107.0M123.1M101.8M
Retained Earnings Total Equity73.3M71.9M72.5M74.2M85.3M68.3M
Other Liab32.6M193.9M39.7M36.0M41.4M32.9M
Long Term Debt Total20.6M140.3M145.7M183.3M210.8M221.3M
Non Current Liabilities Other1.4M715K7.9M7.7M15.6M16.4M

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.
When determining whether Mesa Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesa Laboratories' 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 Mesa Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesa Laboratories Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Mesa Stock refer to our How to Trade Mesa Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Life Sciences Tools & 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 Mesa Laboratories. If investors know Mesa 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 Mesa Laboratories 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
3.875
Dividend Share
0.64
Earnings Share
(45.62)
Revenue Per Share
42.3
Quarterly Revenue Growth
0.088
The market value of Mesa Laboratories is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Mesa Laboratories' 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 Mesa Laboratories' market value can be influenced by many factors that don't directly affect Mesa Laboratories' 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 Mesa Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Laboratories' 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.