MPTI Total Current Assets vs Cash Analysis

MPTI Stock  USD 62.30  4.35  7.51%   
M Tron financial indicator trend analysis is infinitely more than just investigating M tron Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether M tron Industries is a good investment. Please check the relationship between M Tron Total Current Assets and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in M tron Industries. 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of M tron Industries Total Current Assets account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between M Tron's Total Current Assets and Cash is 0.31. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of M tron Industries, assuming nothing else is changed. The correlation between historical values of M Tron's Total Current Assets and Cash 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 M tron Industries are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., M Tron's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Cash

Cash refers to the most liquid asset of M tron Industries, which is listed under current asset account on M tron Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from M Tron customers. The amounts must be unrestricted with restricted cash listed in a different M Tron account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from M Tron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into M tron Industries 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 M tron Industries. 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.
The current Tax Provision is estimated to decrease to about 892.9 K. The current Selling General Administrative is estimated to decrease to about 9.1 M
 2021 2022 2023 2024 (projected)
Tax Provision531K797K1.3M892.9K
Income Tax Expense531K797K911K688.7K

M Tron fundamental ratios Correlations

0.260.880.910.260.890.920.530.98-0.260.870.58-0.550.480.6-0.180.19-0.17-0.27-0.560.190.13-0.55-0.550.580.6
0.26-0.24-0.110.790.550.610.80.37-0.980.480.69-0.820.490.82-0.14-0.09-0.56-0.33-0.87-0.090.55-0.82-0.820.90.91
0.88-0.240.98-0.10.630.620.160.80.240.640.22-0.130.220.2-0.080.20.11-0.11-0.120.2-0.14-0.13-0.130.130.16
0.91-0.110.980.050.710.690.290.830.150.760.29-0.160.250.31-0.010.120.15-0.23-0.160.12-0.16-0.16-0.160.20.28
0.260.79-0.10.050.650.480.940.27-0.690.390.31-0.50.030.590.39-0.62-0.55-0.16-0.67-0.620.3-0.5-0.50.690.83
0.890.550.630.710.650.920.820.88-0.510.810.59-0.690.390.73-0.01-0.14-0.45-0.28-0.76-0.140.35-0.69-0.690.790.84
0.920.610.620.690.480.920.710.96-0.610.910.79-0.80.640.83-0.280.2-0.35-0.37-0.810.20.36-0.8-0.80.830.84
0.530.80.160.290.940.820.710.53-0.720.580.42-0.610.140.660.31-0.48-0.6-0.1-0.79-0.480.24-0.61-0.610.790.91
0.980.370.80.830.270.880.960.53-0.380.910.72-0.680.640.72-0.340.31-0.2-0.38-0.650.310.29-0.68-0.680.680.67
-0.26-0.980.240.15-0.69-0.51-0.61-0.72-0.38-0.43-0.720.88-0.54-0.790.26-0.030.630.270.91-0.03-0.610.880.88-0.91-0.88
0.870.480.640.760.390.810.910.580.91-0.430.78-0.620.690.83-0.280.270.04-0.63-0.570.270.21-0.62-0.620.660.72
0.580.690.220.290.310.590.790.420.72-0.720.78-0.890.960.94-0.70.54-0.16-0.73-0.740.540.67-0.89-0.890.830.75
-0.55-0.82-0.13-0.16-0.5-0.69-0.8-0.61-0.680.88-0.62-0.89-0.77-0.890.54-0.280.590.420.95-0.28-0.781.01.0-0.97-0.87
0.480.490.220.250.030.390.640.140.64-0.540.690.96-0.770.82-0.860.750.04-0.78-0.550.750.63-0.77-0.770.650.52
0.60.820.20.310.590.730.830.660.72-0.790.830.94-0.890.82-0.450.25-0.25-0.72-0.810.250.64-0.89-0.890.910.89
-0.18-0.14-0.08-0.010.39-0.01-0.280.31-0.340.26-0.28-0.70.54-0.86-0.45-0.91-0.080.550.27-0.91-0.630.540.54-0.33-0.1
0.19-0.090.20.12-0.62-0.140.2-0.480.31-0.030.270.54-0.280.750.25-0.910.35-0.44-0.021.00.25-0.28-0.280.07-0.12
-0.17-0.560.110.15-0.55-0.45-0.35-0.6-0.20.630.04-0.160.590.04-0.25-0.080.35-0.40.750.35-0.490.590.59-0.63-0.57
-0.27-0.33-0.11-0.23-0.16-0.28-0.37-0.1-0.380.27-0.63-0.730.42-0.78-0.720.55-0.44-0.40.2-0.44-0.480.420.42-0.38-0.37
-0.56-0.87-0.12-0.16-0.67-0.76-0.81-0.79-0.650.91-0.57-0.740.95-0.55-0.810.27-0.020.750.2-0.02-0.650.950.95-0.98-0.93
0.19-0.090.20.12-0.62-0.140.2-0.480.31-0.030.270.54-0.280.750.25-0.911.00.35-0.44-0.020.25-0.28-0.280.07-0.12
0.130.55-0.14-0.160.30.350.360.240.29-0.610.210.67-0.780.630.64-0.630.25-0.49-0.48-0.650.25-0.78-0.780.70.53
-0.55-0.82-0.13-0.16-0.5-0.69-0.8-0.61-0.680.88-0.62-0.891.0-0.77-0.890.54-0.280.590.420.95-0.28-0.781.0-0.97-0.87
-0.55-0.82-0.13-0.16-0.5-0.69-0.8-0.61-0.680.88-0.62-0.891.0-0.77-0.890.54-0.280.590.420.95-0.28-0.781.0-0.97-0.87
0.580.90.130.20.690.790.830.790.68-0.910.660.83-0.970.650.91-0.330.07-0.63-0.38-0.980.070.7-0.97-0.970.96
0.60.910.160.280.830.840.840.910.67-0.880.720.75-0.870.520.89-0.1-0.12-0.57-0.37-0.93-0.120.53-0.87-0.870.96
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M Tron Account Relationship Matchups

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When determining whether M tron Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of M Tron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of M Tron Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on M Tron Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in M tron Industries. 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.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Electronic Equipment, Instruments & Components 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 M Tron. If investors know MPTI 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 M Tron 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
0.34
Earnings Share
2
Revenue Per Share
16.453
Quarterly Revenue Growth
0.164
Return On Assets
0.1999
The market value of M tron Industries is measured differently than its book value, which is the value of MPTI that is recorded on the company's balance sheet. Investors also form their own opinion of M Tron's value that differs from its market value or its book value, called intrinsic value, which is M Tron'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 M Tron's market value can be influenced by many factors that don't directly affect M Tron'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 M Tron's value and its price as these two are different measures arrived at by different means. Investors typically determine if M Tron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, M Tron'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.