MMTC Common Stock vs Other Stockholder Equity Analysis

MMTC Stock   74.40  0.78  1.06%   
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 Other Stockholder Equity 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 Other Stockholder Equity

Common Stock vs Other Stockholder Equity 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 Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MMTC's Common Stock and Other Stockholder Equity is -0.28. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Stockholder Equity 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 Other Stockholder Equity 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 Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock i.e., MMTC's Common Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Other Stockholder Equity

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
 2021 2022 2023 2024 (projected)
Other Operating Expenses107.6B36.4B51.3M48.7M
Gross Profit5.8B1.2B45.4M43.1M

MMTC fundamental ratios Correlations

0.650.960.310.830.08-0.120.380.330.98-0.050.610.080.740.180.580.180.630.470.210.58-0.20.490.140.020.38
0.650.640.120.68-0.08-0.21-0.370.320.65-0.10.370.010.32-0.060.820.260.260.22-0.130.480.060.60.02-0.12-0.01
0.960.640.080.77-0.04-0.10.360.310.980.050.54-0.170.690.120.670.170.760.390.370.56-0.320.350.320.010.5
0.310.120.080.410.55-0.010.260.270.11-0.160.430.850.40.3-0.280.16-0.340.45-0.560.060.060.47-0.170.16-0.24
0.830.680.770.410.110.060.170.280.78-0.310.80.310.720.430.510.20.420.59-0.190.52-0.240.780.20.310.45
0.08-0.08-0.040.550.110.40.470.44-0.04-0.330.190.380.220.18-0.520.46-0.180.36-0.25-0.23-0.33-0.040.190.49-0.07
-0.12-0.21-0.1-0.010.060.40.260.33-0.13-0.550.050.030.00.06-0.330.320.02-0.13-0.17-0.38-0.360.010.350.80.31
0.38-0.370.360.260.170.470.260.070.33-0.030.280.030.560.28-0.380.090.420.430.360.08-0.53-0.220.40.410.48
0.330.320.310.270.280.440.330.070.28-0.360.20.070.220.07-0.030.61-0.070.12-0.210.08-0.290.00.280.20.21
0.980.650.980.110.78-0.04-0.130.330.28-0.020.53-0.090.680.120.670.140.730.380.340.59-0.20.420.15-0.020.43
-0.05-0.10.05-0.16-0.31-0.33-0.55-0.03-0.36-0.02-0.32-0.29-0.31-0.290.18-0.480.26-0.40.59-0.110.19-0.31-0.06-0.76-0.28
0.610.370.540.430.80.190.050.280.20.53-0.320.440.660.770.180.030.270.74-0.20.6-0.30.520.240.410.4
0.080.01-0.170.850.310.380.030.030.07-0.09-0.290.440.20.45-0.33-0.1-0.450.32-0.660.060.380.57-0.490.2-0.33
0.740.320.690.40.720.220.00.560.220.68-0.310.660.20.520.180.160.280.78-0.130.63-0.380.340.310.390.56
0.18-0.060.120.30.430.180.060.280.070.12-0.290.770.450.52-0.24-0.3-0.010.59-0.270.44-0.210.260.170.410.47
0.580.820.67-0.280.51-0.52-0.33-0.38-0.030.670.180.18-0.330.18-0.24-0.010.52-0.030.240.430.130.44-0.01-0.340.07
0.180.260.170.160.20.460.320.090.610.14-0.480.03-0.10.16-0.3-0.01-0.050.32-0.20.02-0.35-0.050.350.380.1
0.630.260.76-0.340.42-0.180.020.42-0.070.730.260.27-0.450.28-0.010.52-0.050.060.790.28-0.30.080.330.00.54
0.470.220.390.450.590.36-0.130.430.120.38-0.40.740.320.780.59-0.030.320.06-0.270.6-0.380.240.30.440.36
0.21-0.130.37-0.56-0.19-0.25-0.170.36-0.210.340.59-0.2-0.66-0.13-0.270.24-0.20.79-0.270.04-0.15-0.460.19-0.350.24
0.580.480.560.060.52-0.23-0.380.080.080.59-0.110.60.060.630.440.430.020.280.60.040.030.220.05-0.020.29
-0.20.06-0.320.06-0.24-0.33-0.36-0.53-0.29-0.20.19-0.30.38-0.38-0.210.13-0.35-0.3-0.38-0.150.030.23-0.91-0.49-0.65
0.490.60.350.470.78-0.040.01-0.220.00.42-0.310.520.570.340.260.44-0.050.080.24-0.460.220.23-0.280.160.04
0.140.020.32-0.170.20.190.350.40.280.15-0.060.24-0.490.310.17-0.010.350.330.30.190.05-0.91-0.280.450.64
0.02-0.120.010.160.310.490.80.410.2-0.02-0.760.410.20.390.41-0.340.380.00.44-0.35-0.02-0.490.160.450.48
0.38-0.010.5-0.240.45-0.070.310.480.210.43-0.280.4-0.330.560.470.070.10.540.360.240.29-0.650.040.640.48
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MMTC Account Relationship Matchups

MMTC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.4B54.7B47.8B36.8B36.9B49.3B
Other Current Liab12.7M19.1B14.5B14.5B12.6B12.0B
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 Receivables56.1B8.3B6.2B6.5B3.9B3.7B
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)6.5B14.5B15.2B
Accounts Payable6.7B10.0B4.2B1.5B3.4B3.2B
Other Current Assets496.3M36.7B35.0B12.9B15.0B14.1B
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 Other1.1B5.5B1.6B664M13.4B14.1B
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
Current Deferred Revenue9.6B19.1B17.3B13.9B2.6B2.5B
Short Term Debt36.8B24.2B26.2B2.0B1.5B1.5B
Other Liab448.4M440.3M374M430.3M387.3M367.9M
Short Term Investments163.7M99.9M502.4M10.8B11.5B12.0B
Accumulated Other Comprehensive Income6.0B6.1B6.2B6.1B6.3B5.1B
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

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