MMTC Total Current Assets vs Net Debt 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 Total Current Assets and its Net Debt 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.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTC Limited Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between MMTC's Total Current Assets and Net Debt is 0.16. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt 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 Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of MMTC Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., MMTC's Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Total Liab	Common Stock	Property Plant Equipment	Retained Earnings	Accounts Payable	Good Will	Other Current Assets	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.79	0.96	0.31	0.83	0.08	-0.12	0.89	0.33	0.98	-0.05	0.61	0.17	0.75	0.18	-0.08	0.18	0.63	0.47	0.21	0.58	-0.21	0.49	0.14	0.02	-0.03
Other Current Liab	0.79		0.78	0.14	0.78	-0.35	-0.27	0.76	0.0	0.79	0.01	0.49	0.04	0.52	0.01	-0.12	0.0	0.47	0.29	0.02	0.54	0.02	0.68	0.01	-0.13	0.24
Total Current Liabilities	0.96	0.78		0.08	0.77	-0.04	-0.1	0.84	0.31	0.98	0.05	0.54	-0.04	0.7	0.12	0.09	0.17	0.76	0.39	0.37	0.56	-0.32	0.35	0.32	0.01	0.03
Total Stockholder Equity	0.31	0.14	0.08		0.41	0.55	-0.01	0.38	0.27	0.11	-0.16	0.43	0.89	0.4	0.3	-0.64	0.16	-0.34	0.45	-0.56	0.06	0.03	0.47	-0.17	0.16	-0.37
Cash	0.83	0.78	0.77	0.41		0.11	0.06	0.91	0.28	0.78	-0.31	0.8	0.46	0.74	0.43	-0.47	0.2	0.42	0.59	-0.19	0.52	-0.24	0.78	0.2	0.31	-0.22
Other Assets	0.08	-0.35	-0.04	0.55	0.11		0.4	0.15	0.44	-0.04	-0.33	0.19	0.53	0.21	0.18	-0.37	0.46	-0.18	0.36	-0.25	-0.23	-0.35	-0.04	0.19	0.49	-0.41
Long Term Debt	-0.12	-0.27	-0.1	-0.01	0.06	0.4		0.06	0.33	-0.13	-0.55	0.05	0.21	0.01	0.06	-0.16	0.32	0.02	-0.13	-0.17	-0.38	-0.36	0.01	0.35	0.8	0.07
Net Receivables	0.89	0.76	0.84	0.38	0.91	0.15	0.06		0.13	0.84	-0.24	0.7	0.35	0.85	0.34	-0.36	0.16	0.56	0.63	0.01	0.51	-0.32	0.63	0.25	0.35	-0.16
Inventory	0.33	0.0	0.31	0.27	0.28	0.44	0.33	0.13		0.28	-0.36	0.2	0.22	0.23	0.07	-0.15	0.61	-0.07	0.12	-0.21	0.08	-0.28	0.0	0.28	0.2	-0.17
Total Liab	0.98	0.79	0.98	0.11	0.78	-0.04	-0.13	0.84	0.28		-0.02	0.53	-0.02	0.69	0.12	0.06	0.14	0.73	0.38	0.34	0.59	-0.2	0.42	0.15	-0.02	0.05
Common Stock	-0.05	0.01	0.05	-0.16	-0.31	-0.33	-0.55	-0.24	-0.36	-0.02		-0.32	-0.38	-0.31	-0.29	0.62	-0.48	0.26	-0.4	0.59	-0.11	0.19	-0.31	-0.06	-0.76	0.18
Property Plant Equipment	0.61	0.49	0.54	0.43	0.8	0.19	0.05	0.7	0.2	0.53	-0.32		0.63	0.68	0.77	-0.44	0.03	0.27	0.74	-0.2	0.6	-0.31	0.52	0.24	0.41	-0.41
Retained Earnings	0.17	0.04	-0.04	0.89	0.46	0.53	0.21	0.35	0.22	-0.02	-0.38	0.63		0.4	0.61	-0.77	0.06	-0.36	0.52	-0.66	0.1	-0.05	0.51	-0.06	0.46	-0.5
Accounts Payable	0.75	0.52	0.7	0.4	0.74	0.21	0.01	0.85	0.23	0.69	-0.31	0.68	0.4		0.52	-0.45	0.17	0.29	0.78	-0.13	0.63	-0.38	0.35	0.32	0.39	-0.47
Good Will	0.18	0.01	0.12	0.3	0.43	0.18	0.06	0.34	0.07	0.12	-0.29	0.77	0.61	0.52		-0.52	-0.3	-0.01	0.59	-0.27	0.44	-0.22	0.26	0.17	0.41	-0.75
Other Current Assets	-0.08	-0.12	0.09	-0.64	-0.47	-0.37	-0.16	-0.36	-0.15	0.06	0.62	-0.44	-0.77	-0.45	-0.52		-0.17	0.48	-0.56	0.85	-0.11	0.02	-0.62	0.06	-0.52	0.55
Intangible Assets	0.18	0.0	0.17	0.16	0.2	0.46	0.32	0.16	0.61	0.14	-0.48	0.03	0.06	0.17	-0.3	-0.17		-0.05	0.32	-0.2	0.02	-0.34	-0.05	0.35	0.38	0.02
Short Long Term Debt Total	0.63	0.47	0.76	-0.34	0.42	-0.18	0.02	0.56	-0.07	0.73	0.26	0.27	-0.36	0.29	-0.01	0.48	-0.05		0.06	0.79	0.28	-0.29	0.08	0.33	0.0	0.23
Property Plant And Equipment Net	0.47	0.29	0.39	0.45	0.59	0.36	-0.13	0.63	0.12	0.38	-0.4	0.74	0.52	0.78	0.59	-0.56	0.32	0.06		-0.27	0.6	-0.39	0.24	0.3	0.44	-0.58
Net Debt	0.21	0.02	0.37	-0.56	-0.19	-0.25	-0.17	0.01	-0.21	0.34	0.59	-0.2	-0.66	-0.13	-0.27	0.85	-0.2	0.79	-0.27		0.04	-0.14	-0.46	0.19	-0.35	0.33
Non Current Assets Total	0.58	0.54	0.56	0.06	0.52	-0.23	-0.38	0.51	0.08	0.59	-0.11	0.6	0.1	0.63	0.44	-0.11	0.02	0.28	0.6	0.04		0.04	0.22	0.05	-0.02	-0.27
Non Currrent Assets Other	-0.21	0.02	-0.32	0.03	-0.24	-0.35	-0.36	-0.32	-0.28	-0.2	0.19	-0.31	-0.05	-0.38	-0.22	0.02	-0.34	-0.29	-0.39	-0.14	0.04		0.22	-0.9	-0.49	0.35
Cash And Short Term Investments	0.49	0.68	0.35	0.47	0.78	-0.04	0.01	0.63	0.0	0.42	-0.31	0.52	0.51	0.35	0.26	-0.62	-0.05	0.08	0.24	-0.46	0.22	0.22		-0.28	0.16	-0.02
Common Stock Shares Outstanding	0.14	0.01	0.32	-0.17	0.2	0.19	0.35	0.25	0.28	0.15	-0.06	0.24	-0.06	0.32	0.17	0.06	0.35	0.33	0.3	0.19	0.05	-0.9	-0.28		0.45	-0.27
Non Current Liabilities Total	0.02	-0.13	0.01	0.16	0.31	0.49	0.8	0.35	0.2	-0.02	-0.76	0.41	0.46	0.39	0.41	-0.52	0.38	0.0	0.44	-0.35	-0.02	-0.49	0.16	0.45		-0.28
Other Stockholder Equity	-0.03	0.24	0.03	-0.37	-0.22	-0.41	0.07	-0.16	-0.17	0.05	0.18	-0.41	-0.5	-0.47	-0.75	0.55	0.02	0.23	-0.58	0.33	-0.27	0.35	-0.02	-0.27	-0.28

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MMTC Account Relationship Matchups

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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MMTC Total Current Assets vs Net Debt Analysis

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Debt

MMTC fundamental ratios Correlations

MMTC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MMTC fundamental ratios Accounts

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Additional Tools for MMTC Stock Analysis

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Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Total Current Liabilities	+ 0.96	Total Assets
Net Receivables	+ 0.91	Cash
Net Receivables	+ 0.89	Total Assets
Retained Earnings	+ 0.89	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.9	Non Currrent Assets Other
Other Current Assets	- 0.77	Retained Earnings
Non Current Liabilities Total	- 0.76	Common Stock
Other Stockholder Equity	- 0.75	Good Will
Net Debt	- 0.66	Retained Earnings
Other Current Assets	- 0.64	Total Stockholder Equity