Meta Change To Account Receivables vs Dividends Paid Analysis

MMAT Stock  USD 0.06  0.12  66.11%   
Meta Materials financial indicator trend analysis is infinitely more than just investigating Meta Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meta Materials is a good investment. Please check the relationship between Meta Materials Change To Account Receivables and its Dividends Paid accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meta Materials. 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 more information on how to buy Meta Stock please use our How to Invest in Meta Materials guide.

Change To Account Receivables vs Dividends Paid

Change To Account Receivables vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meta Materials Change To Account Receivables account and Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Meta Materials' Change To Account Receivables and Dividends Paid is 0.16. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Meta Materials, assuming nothing else is changed. The correlation between historical values of Meta Materials' Change To Account Receivables and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Meta Materials are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Account Receivables i.e., Meta Materials' Change To Account Receivables and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Account Receivables

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Meta Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meta Materials 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 Meta Materials. 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 more information on how to buy Meta Stock please use our How to Invest in Meta Materials guide.Selling General Administrative is likely to drop to about 15.1 M in 2024. Tax Provision is likely to gain to about (6.8 M) in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses41.5M93.9M3.02.85
Cost Of Revenue676.0K3.0M31.9M33.5M

Meta Materials fundamental ratios Correlations

0.99-0.69-0.20.820.810.330.60.80.050.70.790.610.850.990.760.280.590.8-0.210.440.59-0.790.46-0.370.75
0.99-0.65-0.110.750.740.240.540.730.00.620.710.590.810.990.70.240.480.71-0.240.360.57-0.740.36-0.360.68
-0.69-0.650.09-0.88-0.88-0.09-0.33-0.880.48-0.85-0.790.04-0.53-0.59-0.540.24-0.7-0.680.63-0.26-0.210.53-0.260.6-0.7
-0.2-0.110.09-0.22-0.21-0.93-0.9-0.15-0.25-0.12-0.23-0.24-0.63-0.2-0.77-0.43-0.56-0.310.03-0.95-0.80.74-0.350.41-0.72
0.820.75-0.88-0.221.00.30.471.0-0.010.970.980.330.670.70.640.170.840.95-0.250.40.29-0.640.62-0.390.76
0.810.74-0.88-0.211.00.290.461.0-0.010.980.980.320.660.70.630.160.840.95-0.250.390.28-0.630.62-0.390.75
0.330.24-0.09-0.930.30.290.890.240.380.190.340.320.720.340.80.530.570.430.080.970.81-0.780.57-0.380.73
0.60.54-0.33-0.90.470.460.890.410.190.320.460.470.90.610.960.460.650.53-0.130.970.95-0.950.42-0.50.9
0.80.73-0.88-0.151.01.00.240.41-0.010.990.980.320.620.690.590.140.820.94-0.230.340.23-0.590.62-0.360.72
0.050.00.48-0.25-0.01-0.010.380.19-0.010.00.130.690.140.070.070.820.090.310.840.220.13-0.080.610.52-0.04
0.70.62-0.85-0.120.970.980.190.320.990.00.960.250.510.560.50.110.820.92-0.20.290.11-0.490.63-0.30.65
0.790.71-0.79-0.230.980.980.340.460.980.130.960.390.670.680.620.210.820.98-0.140.410.28-0.620.69-0.350.73
0.610.590.04-0.240.330.320.320.470.320.690.250.390.560.650.450.720.280.520.490.320.48-0.480.430.220.34
0.850.81-0.53-0.630.670.660.720.90.620.140.510.670.560.860.960.370.640.7-0.210.820.89-0.970.46-0.580.92
0.990.99-0.59-0.20.70.70.340.610.690.070.560.680.650.860.760.30.480.7-0.190.450.65-0.790.39-0.350.71
0.760.7-0.54-0.770.640.630.80.960.590.070.50.620.450.960.760.360.70.65-0.280.910.91-1.00.45-0.590.97
0.280.240.24-0.430.170.160.530.460.140.820.110.210.720.370.30.360.290.410.630.440.4-0.370.620.370.25
0.590.48-0.7-0.560.840.840.570.650.820.090.820.820.280.640.480.70.290.83-0.060.650.42-0.670.58-0.460.82
0.80.71-0.68-0.310.950.950.430.530.940.310.920.980.520.70.70.650.410.830.010.480.35-0.660.78-0.250.73
-0.21-0.240.630.03-0.25-0.250.08-0.13-0.230.84-0.2-0.140.49-0.21-0.19-0.280.63-0.060.01-0.1-0.170.280.310.61-0.35
0.440.36-0.26-0.950.40.390.970.970.340.220.290.410.320.820.450.910.440.650.48-0.10.88-0.880.47-0.520.86
0.590.57-0.21-0.80.290.280.810.950.230.130.110.280.480.890.650.910.40.420.35-0.170.88-0.910.22-0.530.79
-0.79-0.740.530.74-0.64-0.63-0.78-0.95-0.59-0.08-0.49-0.62-0.48-0.97-0.79-1.0-0.37-0.67-0.660.28-0.88-0.91-0.440.58-0.96
0.460.36-0.26-0.350.620.620.570.420.620.610.630.690.430.460.390.450.620.580.780.310.470.22-0.440.130.46
-0.37-0.360.60.41-0.39-0.39-0.38-0.5-0.360.52-0.3-0.350.22-0.58-0.35-0.590.37-0.46-0.250.61-0.52-0.530.580.13-0.66
0.750.68-0.7-0.720.760.750.730.90.72-0.040.650.730.340.920.710.970.250.820.73-0.350.860.79-0.960.46-0.66
Click cells to compare fundamentals

Meta Materials Account Relationship Matchups

Meta Materials fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.9M10.2M434.0M408.9M59.2M81.1M
Total Stockholder Equity15.1M(8.9M)334.7M378.6M21.9M20.8M
Net Debt22.8M10.5M(39.0M)(2.2M)1.8M2.2M
Retained Earnings(99.2M)(37.4M)(128.4M)(207.5M)(609.0M)(578.6M)
Cash89.7K1.4M46.6M10.1M10.3M5.6M
Cash And Short Term Investments89.7K1.4M49.5M10.1M10.3M5.8M
Common Stock Shares Outstanding2.0M2.8M2.3M3.3M5.8M6.1M
Liabilities And Stockholders Equity40.9M10.2M434.0M408.9M59.2M81.1M
Other Stockholder Equity104.3M29.0M387.6M591.0M635.9M667.7M
Total Current Assets735.7K2.7M131.4M22.6M17.4M13.9M
Short Long Term Debt Total22.8M11.9M7.6M7.9M12.1M9.2M
Other Current Liab1.5M1.0M75.5M799.5K9.0M7.5M
Total Current Liabilities14.0M12.4M91.6M19.7M23.6M15.1M
Property Plant And Equipment Net40.2M3.0M33.3M48.3M19.8M21.9M
Accounts Payable1.4M2.9M13.3M16.7M10.3M10.8M
Non Current Assets Total40.2M7.5M302.6M386.3M41.8M72.0M
Non Current Liabilities Total11.9M6.7M7.7M10.7M13.2M7.2M
Other Current Assets96.0K134.5K3.5M365.6K1.8M1.9M
Total Liab25.9M19.1M99.3M30.4M36.8M22.2M
Common Stock76.2K132.3K262.8K340.4K543.0K570.2K
Net Receivables550.0K503.0K1.9M7.1M5.1M5.4M
Accumulated Other Comprehensive Income12.0K(655.9K)(296.9K)(5.2M)(5.5M)(5.2M)
Other Liab5.1M4.1M1.6M964.5K868.1K824.7K
Net Tangible Assets(27.7M)(17.2M)65.4M40.5M46.6M48.9M
Common Stock Total Equity76.2K103.3K262.8K340.4K391.5K411.1K
Property Plant And Equipment Gross40.2M8.1M33.3M58.5M63.5M41.8M
Property Plant Equipment3.2M3.7M27.0M42.7M49.1M51.5M
Long Term Debt11.9M4.6M2.7M3.1M2.9M5.7M
Inventory338.3K463.4K265.7K468.0K168.7K282.6K
Non Current Liabilities Other23.3K776.9K4.6M4.4M5.0M5.3M

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