MMTC Common Stock vs Net Receivables Analysis

MMTC Stock   78.17  0.28  0.36%   
MMTC financial indicator trend analysis is infinitely more than just investigating MMTC Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MMTC Limited is a good investment. Please check the relationship between MMTC Common Stock and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTC 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 board of governors.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTC Limited Common Stock account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MMTC's Common Stock and Net Receivables is -0.24. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of MMTC Limited, assuming nothing else is changed. The correlation between historical values of MMTC's Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of MMTC Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., MMTC's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Net Receivables

Most indicators from MMTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MMTC Limited 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 MMTC 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 board of governors.
Selling General Administrative is likely to drop to about 187.4 M in 2024. Tax Provision is likely to drop to about 74.3 M in 2024

MMTC fundamental ratios Correlations

0.790.960.310.830.08-0.120.890.330.98-0.050.610.170.750.18-0.080.180.630.470.210.58-0.210.490.140.02-0.03
0.790.780.140.78-0.35-0.270.760.00.790.010.490.040.520.01-0.120.00.470.290.020.540.020.680.01-0.130.24
0.960.780.080.77-0.04-0.10.840.310.980.050.54-0.040.70.120.090.170.760.390.370.56-0.320.350.320.010.03
0.310.140.080.410.55-0.010.380.270.11-0.160.430.890.40.3-0.640.16-0.340.45-0.560.060.030.47-0.170.16-0.37
0.830.780.770.410.110.060.910.280.78-0.310.80.460.740.43-0.470.20.420.59-0.190.52-0.240.780.20.31-0.22
0.08-0.35-0.040.550.110.40.150.44-0.04-0.330.190.530.210.18-0.370.46-0.180.36-0.25-0.23-0.35-0.040.190.49-0.41
-0.12-0.27-0.1-0.010.060.40.060.33-0.13-0.550.050.210.010.06-0.160.320.02-0.13-0.17-0.38-0.360.010.350.80.07
0.890.760.840.380.910.150.060.130.84-0.240.70.350.850.34-0.360.160.560.630.010.51-0.320.630.250.35-0.16
0.330.00.310.270.280.440.330.130.28-0.360.20.220.230.07-0.150.61-0.070.12-0.210.08-0.280.00.280.2-0.17
0.980.790.980.110.78-0.04-0.130.840.28-0.020.53-0.020.690.120.060.140.730.380.340.59-0.20.420.15-0.020.05
-0.050.010.05-0.16-0.31-0.33-0.55-0.24-0.36-0.02-0.32-0.38-0.31-0.290.62-0.480.26-0.40.59-0.110.19-0.31-0.06-0.760.18
0.610.490.540.430.80.190.050.70.20.53-0.320.630.680.77-0.440.030.270.74-0.20.6-0.310.520.240.41-0.41
0.170.04-0.040.890.460.530.210.350.22-0.02-0.380.630.40.61-0.770.06-0.360.52-0.660.1-0.050.51-0.060.46-0.5
0.750.520.70.40.740.210.010.850.230.69-0.310.680.40.52-0.450.170.290.78-0.130.63-0.380.350.320.39-0.47
0.180.010.120.30.430.180.060.340.070.12-0.290.770.610.52-0.52-0.3-0.010.59-0.270.44-0.220.260.170.41-0.75
-0.08-0.120.09-0.64-0.47-0.37-0.16-0.36-0.150.060.62-0.44-0.77-0.45-0.52-0.170.48-0.560.85-0.110.02-0.620.06-0.520.55
0.180.00.170.160.20.460.320.160.610.14-0.480.030.060.17-0.3-0.17-0.050.32-0.20.02-0.34-0.050.350.380.02
0.630.470.76-0.340.42-0.180.020.56-0.070.730.260.27-0.360.29-0.010.48-0.050.060.790.28-0.290.080.330.00.23
0.470.290.390.450.590.36-0.130.630.120.38-0.40.740.520.780.59-0.560.320.06-0.270.6-0.390.240.30.44-0.58
0.210.020.37-0.56-0.19-0.25-0.170.01-0.210.340.59-0.2-0.66-0.13-0.270.85-0.20.79-0.270.04-0.14-0.460.19-0.350.33
0.580.540.560.060.52-0.23-0.380.510.080.59-0.110.60.10.630.44-0.110.020.280.60.040.040.220.05-0.02-0.27
-0.210.02-0.320.03-0.24-0.35-0.36-0.32-0.28-0.20.19-0.31-0.05-0.38-0.220.02-0.34-0.29-0.39-0.140.040.22-0.9-0.490.35
0.490.680.350.470.78-0.040.010.630.00.42-0.310.520.510.350.26-0.62-0.050.080.24-0.460.220.22-0.280.16-0.02
0.140.010.32-0.170.20.190.350.250.280.15-0.060.24-0.060.320.170.060.350.330.30.190.05-0.9-0.280.45-0.27
0.02-0.130.010.160.310.490.80.350.2-0.02-0.760.410.460.390.41-0.520.380.00.44-0.35-0.02-0.490.160.45-0.28
-0.030.240.03-0.37-0.22-0.410.07-0.16-0.170.050.18-0.41-0.5-0.47-0.750.550.020.23-0.580.33-0.270.35-0.02-0.27-0.28
Click cells to compare fundamentals

MMTC Account Relationship Matchups

MMTC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.4B54.7B47.8B36.8B36.9B49.3B
Other Current Liab5.0B19.1B14.5B14.5B12.6B12.3B
Total Current Liabilities53.1B53.3B48.9B22.2B20.3B19.3B
Total Stockholder Equity9.1B997.4M(1.5B)14.1B16.3B12.0B
Cash746.5M1.6B1.5B3.2B1.2B1.1B
Other Assets3.1B(4.4B)(1.4B)(1M)(900K)(855K)
Net Receivables20.5B8.3B6.2B6.5B3.9B3.7B
Inventory2.2B456.5M298M11.6M3.6M3.4M
Total Liab55.3B53.7B49.3B22.7B20.6B40.5B
Property Plant Equipment440.9M379.3M343.4M299M269.1M255.6M
Retained Earnings1.6B(6.6B)(9.2B)6.5B8.5B4.4B
Accounts Payable6.7B10.0B4.2B1.5B3.4B3.2B
Other Current Assets36.2B36.7B35.0B12.9B15.0B17.3B
Intangible Assets5.6M3.9M2.3M1.2M1.3M1.2M
Short Long Term Debt Total38.6B24.2B26.3B2.0B1.6B1.5B
Property Plant And Equipment Net440.9M390.8M343.4M299.2M259.3M246.3M
Net Debt37.8B22.7B24.7B(1.2B)385.7M366.4M
Non Current Assets Total4.6B12.4B5.2B3.9B5.3B7.4B
Non Currrent Assets Other1.1B5.5B1.6B664M11.8B12.4B
Cash And Short Term Investments910.2M1.6B2.0B13.9B12.7B16.0B
Liabilities And Stockholders Equity64.4B54.7B47.8B36.8B36.9B53.8B
Non Current Liabilities Total2.2B476.4M426.7M488.7M324.5M308.3M
Total Current Assets59.7B46.7B44.1B32.9B31.6B48.6B
Short Term Debt32.3B24.2B26.2B2.0B1.5B1.5B
Current Deferred Revenue9.6B19.1B17.3B13.9B2.6B2.5B
Other Liab448.4M440.3M374M430.3M387.3M367.9M
Short Term Investments163.7M99.9M502.4M10.8B11.5B12.0B
Accumulated Other Comprehensive Income6.0B6.1B6.2B6.1B283.4M269.2M
Net Tangible Assets8.8B993.5M(1.5B)14.1B12.7B8.0B
Short Long Term Debt36.8B24.2B26.2B2.0B1.5B1.5B
Net Invested Capital47.6B25.2B24.7B16.1B17.8B19.5B
Net Working Capital6.6B(6.1B)(5.3B)10.7B11.3B11.9B

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.

Additional Tools for MMTC Stock Analysis

When running MMTC's price analysis, check to measure MMTC's 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 MMTC is operating at the current time. Most of MMTC's value examination focuses on studying past and present price action to predict the probability of MMTC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMTC's price. Additionally, you may evaluate how the addition of MMTC to your portfolios can decrease your overall portfolio volatility.