MMTC Total Current Liabilities vs Net Receivables 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 Total Current Liabilities and its Net Receivables 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 Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTC Limited Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between MMTC's Total Current Liabilities and Net Receivables is 0.36. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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 Liabilities and Net Receivables 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 Liabilities of MMTC Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., MMTC's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on MMTC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MMTC Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Receivables

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 Expenses	107.6B	36.4B	51.3M	48.7M
Gross Profit	5.8B	1.2B	45.4M	43.1M

Other Operating Expenses Gross Profit

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		0.65	0.96	0.31	0.83	0.08	-0.12	0.38	0.33	0.98	-0.05	0.61	0.08	0.74	0.18	0.58	0.18	0.63	0.47	0.21	0.58	-0.2	0.49	0.14	0.02	0.38
Other Current Liab	0.65		0.64	0.12	0.68	-0.08	-0.21	-0.37	0.32	0.65	-0.1	0.37	0.01	0.32	-0.06	0.82	0.26	0.26	0.22	-0.13	0.48	0.06	0.6	0.02	-0.12	-0.01
Total Current Liabilities	0.96	0.64		0.08	0.77	-0.04	-0.1	0.36	0.31	0.98	0.05	0.54	-0.17	0.69	0.12	0.67	0.17	0.76	0.39	0.37	0.56	-0.32	0.35	0.32	0.01	0.5
Total Stockholder Equity	0.31	0.12	0.08		0.41	0.55	-0.01	0.26	0.27	0.11	-0.16	0.43	0.85	0.4	0.3	-0.28	0.16	-0.34	0.45	-0.56	0.06	0.06	0.47	-0.17	0.16	-0.24
Cash	0.83	0.68	0.77	0.41		0.11	0.06	0.17	0.28	0.78	-0.31	0.8	0.31	0.72	0.43	0.51	0.2	0.42	0.59	-0.19	0.52	-0.24	0.78	0.2	0.31	0.45
Other Assets	0.08	-0.08	-0.04	0.55	0.11		0.4	0.47	0.44	-0.04	-0.33	0.19	0.38	0.22	0.18	-0.52	0.46	-0.18	0.36	-0.25	-0.23	-0.33	-0.04	0.19	0.49	-0.07
Long Term Debt	-0.12	-0.21	-0.1	-0.01	0.06	0.4		0.26	0.33	-0.13	-0.55	0.05	0.03	0.0	0.06	-0.33	0.32	0.02	-0.13	-0.17	-0.38	-0.36	0.01	0.35	0.8	0.31
Net Receivables	0.38	-0.37	0.36	0.26	0.17	0.47	0.26		0.07	0.33	-0.03	0.28	0.03	0.56	0.28	-0.38	0.09	0.42	0.43	0.36	0.08	-0.53	-0.22	0.4	0.41	0.48
Inventory	0.33	0.32	0.31	0.27	0.28	0.44	0.33	0.07		0.28	-0.36	0.2	0.07	0.22	0.07	-0.03	0.61	-0.07	0.12	-0.21	0.08	-0.29	0.0	0.28	0.2	0.21
Total Liab	0.98	0.65	0.98	0.11	0.78	-0.04	-0.13	0.33	0.28		-0.02	0.53	-0.09	0.68	0.12	0.67	0.14	0.73	0.38	0.34	0.59	-0.2	0.42	0.15	-0.02	0.43
Common Stock	-0.05	-0.1	0.05	-0.16	-0.31	-0.33	-0.55	-0.03	-0.36	-0.02		-0.32	-0.29	-0.31	-0.29	0.18	-0.48	0.26	-0.4	0.59	-0.11	0.19	-0.31	-0.06	-0.76	-0.28
Property Plant Equipment	0.61	0.37	0.54	0.43	0.8	0.19	0.05	0.28	0.2	0.53	-0.32		0.44	0.66	0.77	0.18	0.03	0.27	0.74	-0.2	0.6	-0.3	0.52	0.24	0.41	0.4
Retained Earnings	0.08	0.01	-0.17	0.85	0.31	0.38	0.03	0.03	0.07	-0.09	-0.29	0.44		0.2	0.45	-0.33	-0.1	-0.45	0.32	-0.66	0.06	0.38	0.57	-0.49	0.2	-0.33
Accounts Payable	0.74	0.32	0.69	0.4	0.72	0.22	0.0	0.56	0.22	0.68	-0.31	0.66	0.2		0.52	0.18	0.16	0.28	0.78	-0.13	0.63	-0.38	0.34	0.31	0.39	0.56
Good Will	0.18	-0.06	0.12	0.3	0.43	0.18	0.06	0.28	0.07	0.12	-0.29	0.77	0.45	0.52		-0.24	-0.3	-0.01	0.59	-0.27	0.44	-0.21	0.26	0.17	0.41	0.47
Other Current Assets	0.58	0.82	0.67	-0.28	0.51	-0.52	-0.33	-0.38	-0.03	0.67	0.18	0.18	-0.33	0.18	-0.24		-0.01	0.52	-0.03	0.24	0.43	0.13	0.44	-0.01	-0.34	0.07
Intangible Assets	0.18	0.26	0.17	0.16	0.2	0.46	0.32	0.09	0.61	0.14	-0.48	0.03	-0.1	0.16	-0.3	-0.01		-0.05	0.32	-0.2	0.02	-0.35	-0.05	0.35	0.38	0.1
Short Long Term Debt Total	0.63	0.26	0.76	-0.34	0.42	-0.18	0.02	0.42	-0.07	0.73	0.26	0.27	-0.45	0.28	-0.01	0.52	-0.05		0.06	0.79	0.28	-0.3	0.08	0.33	0.0	0.54
Property Plant And Equipment Net	0.47	0.22	0.39	0.45	0.59	0.36	-0.13	0.43	0.12	0.38	-0.4	0.74	0.32	0.78	0.59	-0.03	0.32	0.06		-0.27	0.6	-0.38	0.24	0.3	0.44	0.36
Net Debt	0.21	-0.13	0.37	-0.56	-0.19	-0.25	-0.17	0.36	-0.21	0.34	0.59	-0.2	-0.66	-0.13	-0.27	0.24	-0.2	0.79	-0.27		0.04	-0.15	-0.46	0.19	-0.35	0.24
Non Current Assets Total	0.58	0.48	0.56	0.06	0.52	-0.23	-0.38	0.08	0.08	0.59	-0.11	0.6	0.06	0.63	0.44	0.43	0.02	0.28	0.6	0.04		0.03	0.22	0.05	-0.02	0.29
Non Currrent Assets Other	-0.2	0.06	-0.32	0.06	-0.24	-0.33	-0.36	-0.53	-0.29	-0.2	0.19	-0.3	0.38	-0.38	-0.21	0.13	-0.35	-0.3	-0.38	-0.15	0.03		0.23	-0.91	-0.49	-0.65
Cash And Short Term Investments	0.49	0.6	0.35	0.47	0.78	-0.04	0.01	-0.22	0.0	0.42	-0.31	0.52	0.57	0.34	0.26	0.44	-0.05	0.08	0.24	-0.46	0.22	0.23		-0.28	0.16	0.04
Common Stock Shares Outstanding	0.14	0.02	0.32	-0.17	0.2	0.19	0.35	0.4	0.28	0.15	-0.06	0.24	-0.49	0.31	0.17	-0.01	0.35	0.33	0.3	0.19	0.05	-0.91	-0.28		0.45	0.64
Non Current Liabilities Total	0.02	-0.12	0.01	0.16	0.31	0.49	0.8	0.41	0.2	-0.02	-0.76	0.41	0.2	0.39	0.41	-0.34	0.38	0.0	0.44	-0.35	-0.02	-0.49	0.16	0.45		0.48
Other Stockholder Equity	0.38	-0.01	0.5	-0.24	0.45	-0.07	0.31	0.48	0.21	0.43	-0.28	0.4	-0.33	0.56	0.47	0.07	0.1	0.54	0.36	0.24	0.29	-0.65	0.04	0.64	0.48

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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	12.7M	19.1B	14.5B	14.5B	12.6B	12.0B
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	56.1B	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	14.5B	15.2B
Accounts Payable	6.7B	10.0B	4.2B	1.5B	3.4B	3.2B
Other Current Assets	496.3M	36.7B	35.0B	12.9B	15.0B	14.1B
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	13.4B	14.1B
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
Current Deferred Revenue	9.6B	19.1B	17.3B	13.9B	2.6B	2.5B
Short Term Debt	36.8B	24.2B	26.2B	2.0B	1.5B	1.5B
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	6.3B	5.1B
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 Liabilities vs Net Receivables Analysis

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Receivables

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

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Total Current Liabilities	+ 0.96	Total Assets
Retained Earnings	+ 0.85	Total Stockholder Equity
Cash	+ 0.83	Total Assets
Other Current Assets	+ 0.82	Other Current Liab

Common Stock Shares Outstanding	- 0.91	Non Currrent Assets Other
Non Current Liabilities Total	- 0.76	Common Stock
Net Debt	- 0.66	Retained Earnings
Other Stockholder Equity	- 0.65	Non Currrent Assets Other
Net Debt	- 0.56	Total Stockholder Equity
Common Stock	- 0.55	Long Term Debt