Mercury Total Other Income Expense Net vs Income Tax Expense Analysis

MRCY Stock  USD 44.45  1.19  2.61%   
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 Total Other Income Expense Net and its Income Tax Expense 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.

Total Other Income Expense Net vs Income Tax Expense

Total Other Income Expense Net vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury Systems Total Other Income Expense Net account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mercury Systems' Total Other Income Expense Net and Income Tax Expense is 0.9. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Tax Expense 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' Total Other Income Expense Net and Income Tax Expense 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 Other Income Expense Net of Mercury Systems are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Other Income Expense Net i.e., Mercury Systems' Total Other Income Expense Net and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Other Income Expense Net

Income Tax Expense

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' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.29 in 2025, whereas Discontinued Operations is likely to drop (4.9 M) in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit316.7M195.9M225.3M183.7M
Total Revenue973.9M835.3M960.6M1.0B

Mercury Systems fundamental ratios Correlations

0.910.980.980.960.810.750.960.61.0-0.150.490.980.80.920.990.330.980.940.890.990.840.76-0.08-0.140.77
0.910.90.890.850.70.570.840.70.9-0.10.570.850.70.840.90.280.910.860.910.910.780.67-0.08-0.060.68
0.980.90.930.940.870.660.970.560.97-0.120.440.980.730.961.00.350.940.980.930.990.910.69-0.06-0.170.7
0.980.890.930.950.670.830.910.670.98-0.180.590.930.850.820.940.281.00.850.810.960.720.82-0.11-0.120.83
0.960.850.940.950.780.820.920.510.97-0.110.420.950.790.870.950.390.940.890.830.940.770.73-0.01-0.180.74
0.810.70.870.670.780.450.870.140.81-0.020.00.880.510.960.860.420.680.950.820.80.940.430.03-0.090.45
0.750.570.660.830.820.450.720.360.78-0.220.420.730.860.540.670.370.770.570.410.690.40.83-0.12-0.110.83
0.960.840.970.910.920.870.720.460.96-0.090.350.990.740.930.960.40.910.950.820.960.870.69-0.03-0.170.7
0.60.70.560.670.510.140.360.460.56-0.230.940.470.520.40.57-0.010.710.450.610.660.340.54-0.15-0.290.55
1.00.90.970.980.970.810.780.960.56-0.150.460.970.820.910.980.320.970.930.860.970.820.78-0.09-0.090.79
-0.15-0.1-0.12-0.18-0.11-0.02-0.22-0.09-0.23-0.15-0.24-0.11-0.26-0.09-0.1-0.23-0.16-0.1-0.04-0.14-0.18-0.380.90.06-0.37
0.490.570.440.590.420.00.420.350.940.46-0.240.360.60.260.440.040.610.310.450.540.180.63-0.16-0.290.64
0.980.850.980.930.950.880.730.990.470.97-0.110.360.750.950.980.420.930.970.860.970.890.7-0.04-0.170.71
0.80.70.730.850.790.510.860.740.520.82-0.260.60.750.630.750.350.830.660.580.760.530.98-0.260.050.98
0.920.840.960.820.870.960.540.930.40.91-0.090.260.950.630.950.40.831.00.920.920.960.56-0.02-0.160.58
0.990.91.00.940.950.860.670.960.570.98-0.10.440.980.750.950.360.950.970.920.990.890.69-0.03-0.160.71
0.330.280.350.280.390.420.370.4-0.010.32-0.230.040.420.350.40.360.250.390.320.350.470.28-0.12-0.410.29
0.980.910.941.00.940.680.770.910.710.97-0.160.610.930.830.830.950.250.860.840.970.740.81-0.1-0.110.82
0.940.860.980.850.890.950.570.950.450.93-0.10.310.970.661.00.970.390.860.930.950.950.6-0.03-0.160.61
0.890.910.930.810.830.820.410.820.610.86-0.040.450.860.580.920.920.320.840.930.910.90.520.0-0.180.54
0.990.910.990.960.940.80.690.960.660.97-0.140.540.970.760.920.990.350.970.950.910.860.72-0.07-0.210.73
0.840.780.910.720.770.940.40.870.340.82-0.180.180.890.530.960.890.470.740.950.90.860.49-0.16-0.130.51
0.760.670.690.820.730.430.830.690.540.78-0.380.630.70.980.560.690.280.810.60.520.720.49-0.390.091.0
-0.08-0.08-0.06-0.11-0.010.03-0.12-0.03-0.15-0.090.9-0.16-0.04-0.26-0.02-0.03-0.12-0.1-0.030.0-0.07-0.16-0.39-0.28-0.38
-0.14-0.06-0.17-0.12-0.18-0.09-0.11-0.17-0.29-0.090.06-0.29-0.170.05-0.16-0.16-0.41-0.11-0.16-0.18-0.21-0.130.09-0.280.08
0.770.680.70.830.740.450.830.70.550.79-0.370.640.710.980.580.710.290.820.610.540.730.511.0-0.380.08
Click cells to compare fundamentals

Mercury Systems Account Relationship Matchups

Mercury Systems fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.3B2.4B2.4B2.7B2.9B
Other Current Liab44.7M73.5M38.0M79.3M91.2M95.8M
Total Current Liabilities150.8M193.9M233.3M234.4M269.6M283.1M
Total Stockholder Equity1.5B1.5B1.6B1.5B1.7B1.8B
Property Plant And Equipment Net194.9M193.6M182.6M171.2M196.9M206.7M
Net Debt157.7M455.7M506.7M473.6M544.6M571.8M
Retained Earnings374.5M385.8M357.4M219.8M252.8M162.4M
Accounts Payable48.0M98.7M104.0M81.1M93.2M97.9M
Cash113.8M65.7M71.6M180.5M207.6M218.0M
Non Current Assets Total1.3B1.5B1.5B1.4B1.6B1.7B
Non Currrent Assets Other4.7M6.2M5.0M6.7M6.0M5.7M
Cash And Short Term Investments113.8M65.7M71.6M180.5M207.6M111.2M
Net Receivables291.7M447.9M507.3M415.5M477.8M501.7M
Common Stock Shares Outstanding55.5M55.9M56.6M57.7M66.4M36.4M
Liabilities And Stockholders Equity2.0B2.3B2.4B2.4B2.7B2.9B
Non Current Liabilities Total320.2M572.4M591.4M671.7M772.5M811.1M
Inventory221.6M270.3M337.2M335.3M385.6M404.9M
Other Current Assets15.9M31.4M21.0M22.5M25.9M14.9M
Other Stockholder Equity1.1B1.1B1.2B1.2B1.4B1.5B
Total Liab471.0M766.3M824.7M906.1M1.0B1.1B
Property Plant And Equipment Gross194.9M193.6M182.6M444.3M511.0M536.5M
Total Current Assets643.1M814.3M937.0M953.8M1.1B1.2B
Accumulated Other Comprehensive Income(339K)5.5M11.8M10.0M11.5M12.1M
Short Long Term Debt Total271.5M521.4M578.3M654.1M752.2M789.8M
Common Stock Total Equity547K552K557K570K655.5K357.5K
Short Term Debt20.0M11.2M20.9M11.6M13.4M25.1M
Common Stock552K557K570K581K668.2K368.3K
Other Assets4.7M6.2M35.6M1.01.151.09
Property Plant Equipment148.4M194.9M193.6M119.6M137.5M144.4M
Other Liab33.0M48.7M51.0M13.1M15.1M15.8M
Current Deferred Revenue38.2M15.5M56.6M73.9M85.0M89.3M
Good Will614.1M804.9M937.9M938.1M1.1B1.1B
Intangible Assets307.6M351.5M298.1M250.5M288.1M302.5M
Net Tangible Assets562.0M371.7M247.8M330.5M380.1M282.6M
Non Current Liabilities Other12.4M10.4M8.0M9.9M11.4M10.2M

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