MMTC Long Term Debt vs Good Will 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 Long Term Debt and its Good Will 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 Good Will
Long Term Debt vs Good Will 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 Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between MMTC's Long Term Debt and Good Will is 0.06. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will 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 Good Will 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 Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., MMTC's Long Term Debt and Good Will go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.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.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
Click cells to compare fundamentals
MMTC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MMTC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 64.4B | 54.7B | 47.8B | 36.8B | 36.9B | 49.3B | |
Other Current Liab | 5.0B | 19.1B | 14.5B | 14.5B | 12.6B | 12.3B | |
Total Current Liabilities | 53.1B | 53.3B | 48.9B | 22.2B | 20.3B | 19.3B | |
Total Stockholder Equity | 9.1B | 997.4M | (1.5B) | 14.1B | 16.3B | 12.0B | |
Cash | 746.5M | 1.6B | 1.5B | 3.2B | 1.2B | 1.1B | |
Other Assets | 3.1B | (4.4B) | (1.4B) | (1M) | (900K) | (855K) | |
Net Receivables | 20.5B | 8.3B | 6.2B | 6.5B | 3.9B | 3.7B | |
Inventory | 2.2B | 456.5M | 298M | 11.6M | 3.6M | 3.4M | |
Total Liab | 55.3B | 53.7B | 49.3B | 22.7B | 20.6B | 40.5B | |
Property Plant Equipment | 440.9M | 379.3M | 343.4M | 299M | 269.1M | 255.6M | |
Retained Earnings | 1.6B | (6.6B) | (9.2B) | 6.5B | 8.5B | 4.4B | |
Accounts Payable | 6.7B | 10.0B | 4.2B | 1.5B | 3.4B | 3.2B | |
Other Current Assets | 36.2B | 36.7B | 35.0B | 12.9B | 15.0B | 17.3B | |
Intangible Assets | 5.6M | 3.9M | 2.3M | 1.2M | 1.3M | 1.2M | |
Short Long Term Debt Total | 38.6B | 24.2B | 26.3B | 2.0B | 1.6B | 1.5B | |
Property Plant And Equipment Net | 440.9M | 390.8M | 343.4M | 299.2M | 259.3M | 246.3M | |
Net Debt | 37.8B | 22.7B | 24.7B | (1.2B) | 385.7M | 366.4M | |
Non Current Assets Total | 4.6B | 12.4B | 5.2B | 3.9B | 5.3B | 7.4B | |
Non Currrent Assets Other | 1.1B | 5.5B | 1.6B | 664M | 11.8B | 12.4B | |
Cash And Short Term Investments | 910.2M | 1.6B | 2.0B | 13.9B | 12.7B | 16.0B | |
Liabilities And Stockholders Equity | 64.4B | 54.7B | 47.8B | 36.8B | 36.9B | 53.8B | |
Non Current Liabilities Total | 2.2B | 476.4M | 426.7M | 488.7M | 324.5M | 308.3M | |
Total Current Assets | 59.7B | 46.7B | 44.1B | 32.9B | 31.6B | 48.6B | |
Short Term Debt | 32.3B | 24.2B | 26.2B | 2.0B | 1.5B | 1.5B | |
Current Deferred Revenue | 9.6B | 19.1B | 17.3B | 13.9B | 2.6B | 2.5B | |
Other Liab | 448.4M | 440.3M | 374M | 430.3M | 387.3M | 367.9M | |
Short Term Investments | 163.7M | 99.9M | 502.4M | 10.8B | 11.5B | 12.0B | |
Accumulated Other Comprehensive Income | 6.0B | 6.1B | 6.2B | 6.1B | 283.4M | 269.2M | |
Net Tangible Assets | 8.8B | 993.5M | (1.5B) | 14.1B | 12.7B | 8.0B | |
Short Long Term Debt | 36.8B | 24.2B | 26.2B | 2.0B | 1.5B | 1.5B | |
Net Invested Capital | 47.6B | 25.2B | 24.7B | 16.1B | 17.8B | 19.5B | |
Net Working Capital | 6.6B | (6.1B) | (5.3B) | 10.7B | 11.3B | 11.9B |
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