Manitex Non Current Liabilities Total vs Total Current Liabilities Analysis

MNTX Stock  USD 5.73  0.01  0.17%   
Manitex International financial indicator trend analysis is infinitely more than just investigating Manitex International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manitex International is a good investment. Please check the relationship between Manitex International Non Current Liabilities Total and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitex International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manitex International Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Manitex International's Non Current Liabilities Total and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Manitex International, assuming nothing else is changed. The correlation between historical values of Manitex International's Non Current Liabilities Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Manitex International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Manitex International's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Manitex International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Manitex International 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.
Most indicators from Manitex International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manitex International 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 Manitex International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.At this time, Manitex International's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 25.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit32.9M50.0M62.4M33.1M
Total Revenue211.5M273.9M291.4M179.5M

Manitex International fundamental ratios Correlations

-0.030.930.850.730.890.130.440.920.560.960.670.330.990.850.50.960.570.790.920.120.97-0.050.120.940.95
-0.030.210.09-0.260.270.69-0.34-0.260.670.010.180.43-0.04-0.40.18-0.170.2-0.39-0.29-0.73-0.18-0.320.68-0.04-0.24
0.930.210.760.660.980.350.350.790.750.880.750.510.950.660.560.890.630.620.8-0.190.89-0.140.340.830.83
0.850.090.760.40.710.350.150.70.610.870.450.210.760.720.290.70.30.70.620.160.720.140.350.890.69
0.73-0.260.660.40.67-0.060.70.740.160.660.660.120.780.780.310.830.410.550.820.20.80.05-0.060.490.83
0.890.270.980.710.670.350.30.760.760.870.760.530.920.60.580.840.650.530.76-0.240.83-0.20.340.780.8
0.130.690.350.35-0.060.35-0.2-0.180.690.110.320.350.09-0.140.05-0.030.07-0.16-0.21-0.6-0.020.041.00.05-0.13
0.44-0.340.350.150.70.3-0.20.36-0.020.370.41-0.080.470.62-0.060.530.130.50.560.230.540.12-0.20.240.54
0.92-0.260.790.70.740.76-0.180.360.270.870.50.210.920.860.530.940.550.780.960.310.94-0.07-0.180.90.97
0.560.670.750.610.160.760.69-0.020.270.550.660.670.550.140.460.420.520.170.28-0.630.43-0.240.670.490.34
0.960.010.880.870.660.870.110.370.870.550.640.280.920.80.450.870.510.760.840.170.87-0.020.10.910.88
0.670.180.750.450.660.760.320.410.50.660.640.530.720.410.530.690.640.290.62-0.330.66-0.250.30.460.64
0.330.430.510.210.120.530.35-0.080.210.670.280.530.38-0.130.870.320.88-0.070.24-0.780.31-0.250.340.260.25
0.99-0.040.950.760.780.920.090.470.920.550.920.720.380.820.550.980.630.740.950.050.98-0.110.080.890.97
0.85-0.40.660.720.780.6-0.140.620.860.140.80.41-0.130.820.10.860.180.90.870.530.880.18-0.140.790.89
0.50.180.560.290.310.580.05-0.060.530.460.450.530.870.550.10.540.970.110.51-0.460.51-0.330.040.470.51
0.96-0.170.890.70.830.84-0.030.530.940.420.870.690.320.980.860.540.610.750.980.140.99-0.08-0.030.860.99
0.570.20.630.30.410.650.070.130.550.520.510.640.880.630.180.970.610.180.58-0.490.59-0.40.060.490.58
0.79-0.390.620.70.550.53-0.160.50.780.170.760.29-0.070.740.90.110.750.180.760.470.80.16-0.170.770.78
0.92-0.290.80.620.820.76-0.210.560.960.280.840.620.240.950.870.510.980.580.760.250.97-0.09-0.210.840.99
0.12-0.73-0.190.160.2-0.24-0.60.230.31-0.630.17-0.33-0.780.050.53-0.460.14-0.490.470.250.150.35-0.580.210.24
0.97-0.180.890.720.80.83-0.020.540.940.430.870.660.310.980.880.510.990.590.80.970.15-0.06-0.020.880.98
-0.05-0.32-0.140.140.05-0.20.040.12-0.07-0.24-0.02-0.25-0.25-0.110.18-0.33-0.08-0.40.16-0.090.35-0.060.05-0.04-0.08
0.120.680.340.35-0.060.341.0-0.2-0.180.670.10.30.340.08-0.140.04-0.030.06-0.17-0.21-0.58-0.020.050.05-0.14
0.94-0.040.830.890.490.780.050.240.90.490.910.460.260.890.790.470.860.490.770.840.210.88-0.040.050.87
0.95-0.240.830.690.830.8-0.130.540.970.340.880.640.250.970.890.510.990.580.780.990.240.98-0.08-0.140.87
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Manitex International Account Relationship Matchups

Manitex International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets195.4M173.6M179.8M236.6M255.7M173.9M
Other Current Liab9.6M15.6M11.0M12.0M9.1M4.9M
Total Current Liabilities68.1M64.5M81.9M86.5M92.8M53.8M
Total Stockholder Equity79.6M68.9M62.8M58.4M69.6M57.8M
Other Liab7.6M6.8M6.0M11.2M12.8M12.2M
Accounts Payable30.0M32.4M44.1M45.7M47.6M27.3M
Cash23.4M17.2M21.4M8.0M9.3M7.2M
Other Assets696K1.4M1.3M452K519.8K493.8K
Long Term Debt19.4M26.2M22.8M63.7M66.0M46.0M
Common Stock Shares Outstanding19.7M19.8M19.9M20.1M20.2M13.5M
Liabilities And Stockholders Equity195.4M173.6M179.8M236.6M255.7M173.9M
Inventory58.7M56.1M65.0M69.8M82.3M52.2M
Other Current Assets4.8M2.5M2.7M4.1M4.3M2.3M
Other Stockholder Equity2.8M3.0M3.3M4.3M5.4M5.7M
Total Liab115.9M104.7M117.0M168.6M176.0M111.4M
Intangible Assets17.0M15.7M11.9M14.4M12.2M11.6M
Property Plant Equipment19.3M18.7M16.5M51.7M59.5M62.4M
Short Long Term Debt Total67.1M51.4M49.0M96.0M102.4M71.0M
Property Plant And Equipment Net21.6M22.8M20.0M57.4M57.0M59.8M
Current Deferred Revenue1.6M6.1M7.1M3.4M2.4M2.3M
Net Debt43.7M34.2M27.6M88.0M93.1M60.4M
Retained Earnings(50.3M)(63.9M)(68.4M)(73.3M)(66.0M)(62.7M)
Non Current Assets Total72.0M67.3M58.2M109.1M110.2M81.4M
Non Currrent Assets Other1.6M281K1.1M(108.6M)3.6M3.8M
Cash And Short Term Investments23.4M17.2M21.4M8.0M9.3M7.3M
Net Receivables36.3M30.6M32.6M45.6M49.7M35.6M
Non Current Liabilities Total47.8M40.2M35.1M82.2M83.3M60.2M
Property Plant And Equipment Gross21.6M22.8M38.7M79.8M86.7M91.1M
Total Current Assets123.4M106.3M121.5M127.5M145.6M100.5M
Accumulated Other Comprehensive Income(3.7M)(1.7M)(4.2M)(5.8M)(4.2M)(4.0M)
Short Term Debt26.9M19.5M21.3M27.2M30.9M16.6M
Common Stock130.7M131.5M132.2M133.3M134.3M81.9M
Common Stock Total Equity130.7M131.5M132.2M133.3M153.3M103.0M
Good Will32.6M27.5M24.9M36.9M37.4M34.5M
Net Tangible Assets29.9M25.8M25.9M7.1M8.2M13.7M
Retained Earnings Total Equity(50.3M)(63.9M)(68.4M)(73.3M)(66.0M)(62.7M)
Long Term Debt Total19.4M26.2M22.8M63.7M57.4M45.8M
Capital Surpluse2.8M3.0M3.3M4.3M4.9M2.7M
Capital Lease Obligations7.3M8.6M7.8M9.6M10.8M6.8M

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