MMTC Retained Earnings vs Property Plant And Equipment Net 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 Retained Earnings and its Property Plant And Equipment Net 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 Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net 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 Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between MMTC's Retained Earnings and Property Plant And Equipment Net is 0.32. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., MMTC's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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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