MMTC Retained Earnings vs Other Current Liab 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 Retained Earnings and its Other Current Liab 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.
Retained Earnings vs Other Current Liab
Retained Earnings vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTC Limited Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between MMTC's Retained Earnings and Other Current Liab is 0.04. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab 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 Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of MMTC Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., MMTC's Retained Earnings and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Other Current Liab
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 |
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.