MMTC Long Term Debt vs Common Stock 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 Long Term Debt and its Common Stock 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.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTC Limited Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MMTC's Long Term Debt and Common Stock is -0.55. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock 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 Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of MMTC Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., MMTC's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that MMTC Limited has held for over one year. Long-term debt appears on MMTC Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on MMTC Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

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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