MannKind Cash Conversion Cycle vs Cash Ratio Analysis
MNKD Stock | USD 6.58 0.14 2.08% |
MannKind Corp financial indicator trend analysis is infinitely more than just investigating MannKind Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MannKind Corp is a good investment. Please check the relationship between MannKind Corp Cash Conversion Cycle and its Cash Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MannKind Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.
Cash Conversion Cycle vs Cash Ratio
Cash Conversion Cycle vs Cash Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MannKind Corp Cash Conversion Cycle account and Cash Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between MannKind Corp's Cash Conversion Cycle and Cash Ratio is 0.39. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of MannKind Corp, assuming nothing else is changed. The correlation between historical values of MannKind Corp's Cash Conversion Cycle and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Conversion Cycle of MannKind Corp are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Cash Conversion Cycle i.e., MannKind Corp's Cash Conversion Cycle and Cash Ratio go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash Conversion Cycle
Cash Ratio
Most indicators from MannKind Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MannKind Corp 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 MannKind Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.At present, MannKind Corp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 77.44, whereas Issuance Of Capital Stock is forecasted to decline to about 6.9 M.
2021 | 2023 | 2024 (projected) | Interest Income | 112K | 5.4M | 3.0M | Non Recurring | 106K | 95.4K | 90.6K |
MannKind Corp fundamental ratios Correlations
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MannKind Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MannKind Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 93.7M | 108.6M | 321.2M | 295.3M | 475.2M | 257.3M | |
Total Stockholder Equity | (190.5M) | (180.4M) | (209.3M) | (250.5M) | (246.2M) | (233.9M) | |
Retained Earnings | (3.0B) | (3.0B) | (3.1B) | (3.2B) | (3.2B) | (3.1B) | |
Other Assets | 2.2M | 3.3M | 5.2M | 9.7M | 8.7M | 9.2M | |
Common Stock Shares Outstanding | 195.6M | 222.6M | 249.2M | 257.1M | 267.0M | 280.4M | |
Liabilities And Stockholders Equity | 93.7M | 108.6M | 321.2M | 295.3M | 475.2M | 257.3M | |
Other Stockholder Equity | 2.8B | 2.9B | 2.9B | 3.0B | 3.0B | 2.0B | |
Total Liab | 284.3M | 289.0M | 530.5M | 545.8M | 721.4M | 757.4M | |
Other Current Liab | 23.3M | 30.8M | 33.6M | 44.0M | 63.9M | 67.1M | |
Total Current Liabilities | 65.6M | 73.7M | 48.3M | 67.3M | 104.1M | 92.4M | |
Other Liab | 102.2M | 95.9M | 106.4M | 105.2M | 121.0M | 127.0M | |
Property Plant And Equipment Net | 26.8M | 25.9M | 36.6M | 45.1M | 88.9M | 82.5M | |
Net Debt | 91.5M | 56.4M | 258.6M | 313.1M | 143.9M | 96.4M | |
Accounts Payable | 4.8M | 5.6M | 7.0M | 11.1M | 9.6M | 6.3M | |
Cash | 29.9M | 67.0M | 124.2M | 69.8M | 238.5M | 250.4M | |
Non Current Assets Total | 33.0M | 29.1M | 101.4M | 60.4M | 101.8M | 87.1M | |
Non Currrent Assets Other | 6.2M | 3.3M | 8.2M | 9.7M | 2.7M | 2.7M | |
Cash And Short Term Investments | 49.9M | 67.0M | 204.1M | 170.8M | 295.1M | 309.9M | |
Common Stock Total Equity | 2.1M | 2.4M | 2.5M | 2.6M | 3.0M | 2.1M | |
Non Current Liabilities Total | 218.6M | 215.3M | 482.2M | 478.5M | 617.2M | 648.1M | |
Other Current Assets | 3.2M | 3.3M | 7.0M | 25.5M | 34.8M | 36.6M | |
Property Plant And Equipment Gross | 26.8M | 25.9M | 134.3M | 143.7M | 185.8M | 93.2M | |
Total Current Assets | 60.8M | 79.5M | 219.7M | 234.9M | 373.4M | 392.1M | |
Common Stock | 2.1M | 2.4M | 2.5M | 2.6M | 2.7M | 2.1M | |
Property Plant Equipment | 26.8M | 25.9M | 36.6M | 45.1M | 40.6M | 38.6M | |
Current Deferred Revenue | 32.5M | 33.3M | 827K | 1.7M | 9.1M | 8.6M | |
Short Term Debt | 5.0M | 4.1M | 7.0M | 10.5M | 32.0M | 40.7M | |
Net Receivables | 3.5M | 4.2M | 5.0M | 16.8M | 14.9M | 7.9M | |
Short Long Term Debt Total | 121.4M | 123.4M | 382.7M | 382.9M | 382.4M | 243.4M | |
Inventory | 4.2M | 5.0M | 7.2M | 21.8M | 28.5M | 30.0M | |
Net Tangible Assets | (190.5M) | (180.4M) | (209.3M) | (254.1M) | (228.7M) | (240.1M) | |
Retained Earnings Total Equity | (3.0B) | (3.0B) | (3.1B) | (3.2B) | (2.9B) | (3.0B) | |
Capital Surpluse | 2.8B | 2.9B | 2.9B | 3.0B | 3.4B | 2.8B | |
Non Current Liabilities Other | 213.6M | 210.3M | 258.2M | 67.4M | 294.8M | 174.8M | |
Short Long Term Debt | 5.0M | 4.1M | 7.0M | 9.6M | 20M | 39.6M |
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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.When determining whether MannKind Corp is a strong investment it is important to analyze MannKind Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MannKind Corp's future performance. For an informed investment choice regarding MannKind Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MannKind Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MannKind Corp. If investors know MannKind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MannKind Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 5.246 | Earnings Share 0.08 | Revenue Per Share 0.982 | Quarterly Revenue Growth 0.367 | Return On Assets 0.0912 |
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.