Mercury Research Development vs Income Before Tax Analysis

MRCY Stock  USD 40.94  0.96  2.40%   
Mercury Systems financial indicator trend analysis is infinitely more than just investigating Mercury Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury Systems is a good investment. Please check the relationship between Mercury Systems Research Development and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury Systems Research Development account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mercury Systems' Research Development and Income Before Tax is -0.06. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Mercury Systems, assuming nothing else is changed. The correlation between historical values of Mercury Systems' Research Development and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Mercury Systems are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Research Development i.e., Mercury Systems' Research Development and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Mercury Systems income statement and is an important metric when analyzing Mercury Systems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Mercury Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercury Systems 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 Mercury Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.At this time, Mercury Systems' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 33.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 85.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit395.0M316.7M195.9M183.7M
Total Revenue988.2M973.9M835.3M877.0M

Mercury Systems fundamental ratios Correlations

0.890.990.960.950.770.770.950.531.00.040.430.970.780.90.990.260.970.920.890.990.820.76-0.1-0.140.75
0.890.840.890.840.570.690.810.610.890.050.530.80.750.750.840.210.90.770.80.870.640.73-0.12-0.010.72
0.990.840.920.930.830.710.970.450.980.070.350.980.730.931.00.280.930.950.90.980.870.7-0.07-0.170.69
0.960.890.920.940.60.870.890.610.96-0.040.550.910.870.740.930.211.00.780.770.960.650.84-0.13-0.10.85
0.950.840.930.940.730.870.910.420.950.030.350.940.80.80.940.340.930.840.810.930.720.73-0.01-0.180.73
0.770.570.830.60.730.450.83-0.040.780.16-0.170.850.430.930.820.360.60.920.770.740.930.390.02-0.080.36
0.770.690.710.870.870.450.760.360.77-0.240.40.770.90.470.730.350.820.520.440.750.420.82-0.12-0.090.85
0.950.810.970.890.910.830.760.350.940.060.260.990.730.870.960.350.890.90.790.950.840.69-0.04-0.170.69
0.530.610.450.610.42-0.040.360.350.49-0.090.960.350.470.310.46-0.120.650.340.50.580.160.52-0.17-0.30.52
1.00.890.980.960.950.780.770.940.490.050.40.960.790.90.980.240.960.920.890.980.810.76-0.1-0.090.75
0.040.050.07-0.040.030.16-0.240.06-0.090.05-0.210.05-0.330.170.09-0.270.00.150.220.040.03-0.410.820.01-0.42
0.430.530.350.550.35-0.170.40.260.960.4-0.210.270.530.170.35-0.090.580.20.350.480.020.58-0.18-0.280.57
0.970.80.980.910.940.850.770.990.350.960.050.270.740.90.980.370.910.920.830.970.860.7-0.05-0.160.7
0.780.750.730.870.80.430.90.730.470.79-0.330.530.740.510.740.250.850.560.510.760.450.98-0.290.120.98
0.90.750.930.740.80.930.470.870.310.90.170.170.90.510.920.280.761.00.940.880.950.5-0.03-0.170.46
0.990.841.00.930.940.820.730.960.460.980.090.350.980.740.920.290.940.950.90.990.860.7-0.05-0.160.69
0.260.210.280.210.340.360.350.35-0.120.24-0.27-0.090.370.250.280.290.180.280.210.290.410.2-0.13-0.390.18
0.970.90.931.00.930.60.820.890.650.960.00.580.910.850.760.940.180.80.80.960.660.83-0.12-0.10.83
0.920.770.950.780.840.920.520.90.340.920.150.20.920.561.00.950.280.80.940.910.940.55-0.04-0.170.51
0.890.80.90.770.810.770.440.790.50.890.220.350.830.510.940.90.210.80.940.880.850.51-0.01-0.20.47
0.990.870.980.960.930.740.750.950.580.980.040.480.970.760.880.990.290.960.910.880.810.74-0.08-0.220.73
0.820.640.870.650.720.930.420.840.160.810.030.020.860.450.950.860.410.660.940.850.810.46-0.2-0.130.43
0.760.730.70.840.730.390.820.690.520.76-0.410.580.70.980.50.70.20.830.550.510.740.46-0.410.120.99
-0.1-0.12-0.07-0.13-0.010.02-0.12-0.04-0.17-0.10.82-0.18-0.05-0.29-0.03-0.05-0.13-0.12-0.04-0.01-0.08-0.2-0.41-0.28-0.43
-0.14-0.01-0.17-0.1-0.18-0.08-0.09-0.17-0.3-0.090.01-0.28-0.160.12-0.17-0.16-0.39-0.1-0.17-0.2-0.22-0.130.12-0.280.14
0.750.720.690.850.730.360.850.690.520.75-0.420.570.70.980.460.690.180.830.510.470.730.430.99-0.430.14
Click cells to compare fundamentals

Mercury Systems Account Relationship Matchups

Mercury Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.0B2.3B2.4B2.6B2.7B
Other Current Liab58.1M44.7M73.5M38.0M67.7M71.1M
Total Current Liabilities125.9M150.8M193.9M233.3M234.4M246.1M
Total Stockholder Equity1.4B1.5B1.5B1.6B1.5B1.5B
Property Plant And Equipment Net148.4M194.9M193.6M182.6M171.2M179.8M
Net Debt(159.9M)157.7M455.7M506.7M485.2M509.4M
Retained Earnings312.5M374.5M385.8M357.4M219.8M162.4M
Accounts Payable41.9M48.0M98.7M104.0M81.1M85.1M
Cash226.8M113.8M65.7M71.6M180.5M189.5M
Non Current Assets Total976.0M1.3B1.5B1.5B1.7B1.7B
Non Currrent Assets Other4.8M4.7M6.2M5.0M6.7M13.3M
Cash And Short Term Investments226.8M113.8M65.7M71.6M180.5M111.2M
Net Receivables210.7M291.7M447.9M507.3M415.5M436.2M
Common Stock Shares Outstanding55.1M55.5M55.9M56.6M57.7M36.4M
Liabilities And Stockholders Equity1.6B2.0B2.3B2.4B2.6B2.7B
Non Current Liabilities Total100.0M320.2M572.4M591.4M899.8M944.8M
Inventory178.1M221.6M270.3M337.2M335.3M352.1M
Other Current Assets19.1M15.9M31.4M21.0M22.5M14.9M
Other Stockholder Equity1.1B1.1B1.1B1.2B1.2B1.3B
Total Liab225.9M471.0M766.3M824.7M1.1B1.2B
Property Plant And Equipment Gross148.4M194.9M193.6M182.6M444.3M466.5M
Total Current Assets634.8M643.1M814.3M937.0M953.8M1.0B
Accumulated Other Comprehensive Income(2.9M)(339K)5.5M11.8M10.0M10.5M
Common Stock Total Equity547K552K557K570K655.5K357.5K
Common Stock547K552K557K570K581K368.3K
Other Assets4.8M4.7M6.2M35.6M1.00.95
Property Plant Equipment148.4M194.9M193.6M119.6M137.5M144.4M
Other Liab33.0M48.7M51.0M13.1M15.1M15.8M
Current Deferred Revenue19.0M38.2M15.5M56.6M73.9M77.6M
Good Will614.1M804.9M937.9M938.1M1.1B1.1B
Intangible Assets208.7M307.6M351.5M298.1M250.5M263.0M
Net Tangible Assets562.0M371.7M247.8M330.5M380.1M282.6M
Deferred Long Term Liab13.6M17.8M28.8M32.4M37.3M39.1M
Non Current Liabilities Other15.0M12.4M10.4M8.0M9.9M10.2M

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