Mtar Gross Profit vs Income Tax Expense Analysis

MTARTECH

1,532 1.45 0.09%

Mtar Technologies financial indicator trend analysis is infinitely more than just investigating Mtar Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mtar Technologies is a good investment. Please check the relationship between Mtar Technologies Gross Profit and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mtar Technologies Limited. 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.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mtar Technologies Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Mtar Technologies' Gross Profit and Income Tax Expense is 0.81. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Mtar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Mtar Technologies' Gross Profit 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 Gross Profit of Mtar Technologies Limited 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 Gross Profit i.e., Mtar Technologies' Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Mtar Technologies Limited minus its cost of goods sold. It is profit before Mtar Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Tax Expense

Most indicators from Mtar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mtar Technologies 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 Mtar Technologies Limited. 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 year's Selling General Administrative is expected to grow to about 70.7 M, whereas Tax Provision is forecasted to decline to about 191.9 M.

	2022	2023	2024	2025 (projected)
Gross Profit	3.0B	2.8B	3.2B	1.8B
Total Revenue	5.7B	5.8B	6.7B	7.0B

Gross Profit Total Revenue

Mtar Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.85	-0.52	0.91	0.98	0.95	0.85	0.88	0.8	0.7	0.94	-0.34	0.87	0.96	0.65	0.91	0.48	0.93	0.96	0.99	0.8	0.82	0.86	-0.27	0.95	-0.27
Short Long Term Debt Total	0.85		-0.45	0.76	0.83	0.87	0.99	0.98	0.61	0.87	0.87	-0.32	0.71	0.8	0.8	0.97	0.12	0.74	0.82	0.8	0.98	0.6	0.85	-0.32	0.75	-0.31
Other Current Liab	-0.52	-0.45		-0.37	-0.59	-0.44	-0.43	-0.58	-0.39	-0.49	-0.38	0.94	-0.61	-0.44	-0.65	-0.55	-0.4	-0.58	-0.44	-0.57	-0.41	-0.43	-0.47	0.76	-0.62	-0.27
Total Current Liabilities	0.91	0.76	-0.37		0.83	0.83	0.8	0.76	0.96	0.46	0.83	-0.24	0.8	0.98	0.56	0.85	0.49	0.75	0.98	0.91	0.71	0.66	0.66	-0.18	0.78	-0.49
Total Stockholder Equity	0.98	0.83	-0.59	0.83		0.93	0.82	0.88	0.71	0.76	0.91	-0.4	0.88	0.91	0.65	0.88	0.5	0.97	0.91	0.98	0.78	0.86	0.89	-0.33	0.98	-0.15
Property Plant And Equipment Net	0.95	0.87	-0.44	0.83	0.93		0.87	0.87	0.67	0.74	1.0	-0.31	0.74	0.88	0.73	0.88	0.2	0.82	0.93	0.89	0.84	0.66	0.83	-0.23	0.84	-0.29
Net Debt	0.85	0.99	-0.43	0.8	0.82	0.87		0.96	0.66	0.82	0.87	-0.29	0.73	0.82	0.8	0.97	0.13	0.72	0.85	0.8	0.98	0.58	0.82	-0.29	0.73	-0.38
Retained Earnings	0.88	0.98	-0.58	0.76	0.88	0.87	0.96		0.65	0.9	0.85	-0.44	0.76	0.82	0.79	0.98	0.25	0.82	0.83	0.86	0.94	0.68	0.88	-0.43	0.82	-0.21
Accounts Payable	0.8	0.61	-0.39	0.96	0.71	0.67	0.66	0.65		0.3	0.65	-0.29	0.72	0.91	0.42	0.76	0.62	0.67	0.89	0.83	0.54	0.6	0.53	-0.18	0.69	-0.53
Cash	0.7	0.87	-0.49	0.46	0.76	0.74	0.82	0.9	0.3		0.73	-0.39	0.55	0.55	0.69	0.83	0.06	0.71	0.58	0.66	0.84	0.59	0.85	-0.41	0.7	0.05
Non Current Assets Total	0.94	0.87	-0.38	0.83	0.91	1.0	0.87	0.85	0.65	0.73		-0.25	0.72	0.87	0.72	0.86	0.17	0.8	0.92	0.87	0.84	0.64	0.83	-0.19	0.82	-0.33
Non Currrent Assets Other	-0.34	-0.32	0.94	-0.24	-0.4	-0.31	-0.29	-0.44	-0.29	-0.39	-0.25		-0.33	-0.25	-0.59	-0.42	-0.2	-0.35	-0.3	-0.37	-0.25	-0.14	-0.29	0.74	-0.39	-0.25
Cash And Short Term Investments	0.87	0.71	-0.61	0.8	0.88	0.74	0.73	0.76	0.72	0.55	0.72	-0.33		0.88	0.59	0.78	0.64	0.9	0.82	0.91	0.72	0.88	0.73	-0.33	0.92	-0.06
Net Receivables	0.96	0.8	-0.44	0.98	0.91	0.88	0.82	0.82	0.91	0.55	0.87	-0.25	0.88		0.58	0.88	0.56	0.87	0.98	0.97	0.76	0.79	0.77	-0.19	0.89	-0.42
Common Stock Shares Outstanding	0.65	0.8	-0.65	0.56	0.65	0.73	0.8	0.79	0.42	0.69	0.72	-0.59	0.59	0.58		0.76	-0.07	0.52	0.64	0.59	0.81	0.31	0.72	-0.5	0.57	-0.1
Inventory	0.91	0.97	-0.55	0.85	0.88	0.88	0.97	0.98	0.76	0.83	0.86	-0.42	0.78	0.88	0.76		0.32	0.82	0.9	0.89	0.92	0.68	0.85	-0.37	0.82	-0.32
Other Current Assets	0.48	0.12	-0.4	0.49	0.5	0.2	0.13	0.25	0.62	0.06	0.17	-0.2	0.64	0.56	-0.07	0.32		0.66	0.43	0.61	0.06	0.76	0.34	-0.17	0.64	-0.03
Other Stockholder Equity	0.93	0.74	-0.58	0.75	0.97	0.82	0.72	0.82	0.67	0.71	0.8	-0.35	0.9	0.87	0.52	0.82	0.66		0.82	0.96	0.69	0.95	0.88	-0.3	0.99	-0.1
Total Liab	0.96	0.82	-0.44	0.98	0.91	0.93	0.85	0.83	0.89	0.58	0.92	-0.3	0.82	0.98	0.64	0.9	0.43	0.82		0.95	0.77	0.7	0.75	-0.21	0.85	-0.42
Total Current Assets	0.99	0.8	-0.57	0.91	0.98	0.89	0.8	0.86	0.83	0.66	0.87	-0.37	0.91	0.97	0.59	0.89	0.61	0.96	0.95		0.74	0.87	0.83	-0.3	0.97	-0.23
Short Term Debt	0.8	0.98	-0.41	0.71	0.78	0.84	0.98	0.94	0.54	0.84	0.84	-0.25	0.72	0.76	0.81	0.92	0.06	0.69	0.77	0.74		0.57	0.82	-0.3	0.7	-0.27
Intangible Assets	0.82	0.6	-0.43	0.66	0.86	0.66	0.58	0.68	0.6	0.59	0.64	-0.14	0.88	0.79	0.31	0.68	0.76	0.95	0.7	0.87	0.57		0.78	-0.21	0.93	-0.02
Common Stock	0.86	0.85	-0.47	0.66	0.89	0.83	0.82	0.88	0.53	0.85	0.83	-0.29	0.73	0.77	0.72	0.85	0.34	0.88	0.75	0.83	0.82	0.78		-0.26	0.86	-0.21
Other Liab	-0.27	-0.32	0.76	-0.18	-0.33	-0.23	-0.29	-0.43	-0.18	-0.41	-0.19	0.74	-0.33	-0.19	-0.5	-0.37	-0.17	-0.3	-0.21	-0.3	-0.3	-0.21	-0.26		-0.35	-0.41
Net Tangible Assets	0.95	0.75	-0.62	0.78	0.98	0.84	0.73	0.82	0.69	0.7	0.82	-0.39	0.92	0.89	0.57	0.82	0.64	0.99	0.85	0.97	0.7	0.93	0.86	-0.35		-0.06
Current Deferred Revenue	-0.27	-0.31	-0.27	-0.49	-0.15	-0.29	-0.38	-0.21	-0.53	0.05	-0.33	-0.25	-0.06	-0.42	-0.1	-0.32	-0.03	-0.1	-0.42	-0.23	-0.27	-0.02	-0.21	-0.41	-0.06

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Mtar Technologies Account Relationship Matchups

Mtar Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.9B	7.3B	10.6B	10.1B	11.6B	6.4B
Short Long Term Debt Total	169.8M	958.9M	1.4B	1.9B	2.2B	2.3B
Other Current Liab	75.7M	69.8M	108.5M	119.9M	107.9M	101.8M
Total Current Liabilities	894M	1.7B	3.4B	2.1B	2.4B	1.6B
Total Stockholder Equity	4.8B	5.2B	6.2B	6.8B	7.8B	4.3B
Property Plant And Equipment Net	1.8B	2.4B	3.5B	4.3B	5.0B	2.5B
Net Debt	(93.0M)	795.7M	1.3B	1.5B	1.7B	1.8B
Retained Earnings	1.2B	1.7B	2.7B	3.2B	3.7B	3.9B
Accounts Payable	347.6M	570.4M	2.2B	714.1M	821.2M	617.7M
Cash	262.7M	163.3M	122.4M	392.4M	451.2M	473.8M
Non Current Assets Total	1.9B	2.6B	3.7B	4.4B	5.1B	2.8B
Non Currrent Assets Other	75.3M	216.2M	85.6M	113.4M	102.0M	77.1M
Cash And Short Term Investments	319.0M	818.1M	635.0M	508.4M	584.6M	386.1M
Net Receivables	868.2M	1.4B	2.1B	1.5B	1.7B	1.1B
Liabilities And Stockholders Equity	5.9B	7.3B	10.6B	10.1B	11.6B	6.3B
Inventory	1.0B	1.7B	3.9B	3.5B	4.0B	4.2B
Other Current Assets	2.6B	2.1B	2.7B	231.2M	265.9M	252.6M
Total Liab	1.1B	2.1B	4.4B	3.3B	3.8B	2.0B
Total Current Assets	4.0B	4.6B	7.0B	5.6B	6.5B	3.6B
Short Term Debt	98.5M	699.5M	656.3M	939.3M	1.1B	1.1B
Intangible Assets	9.5M	10.1M	7.9M	7.3M	8.4M	5.6M
Other Liab	11.5M	76.9M	130.5M	167.1M	150.4M	100.0M
Net Tangible Assets	2.3B	2.2B	4.8B	5.2B	6.0B	3.7B
Current Deferred Revenue	423.9M	368.5M	110.8M	304.9M	274.4M	262.6M
Other Assets	283.7M	79.1M	101.7M	243.0M	218.7M	155.8M
Long Term Debt	71.3M	259.5M	777.2M	969.9M	1.1B	1.2B
Short Term Investments	56.3M	654.8M	512.6M	26.2M	30.1M	28.6M
Non Current Liabilities Total	201.8M	426.5M	1.0B	1.2B	1.4B	1.5B
Net Invested Capital	4.9B	6.2B	7.6B	8.7B	10.0B	5.5B
Short Long Term Debt	48.5M	699.5M	656.3M	939.3M	1.1B	1.1B
Net Working Capital	3.1B	3.0B	3.6B	3.6B	4.1B	2.3B
Property Plant Equipment	1.7B	1.7B	1.8B	2.4B	2.8B	2.0B
Property Plant And Equipment Gross	2.3B	3.1B	3.5B	4.1B	4.7B	3.4B

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Balance Sheet is a snapshot of the financial position of Mtar Technologies at a specified time, usually calculated after every quarter, six months, or one year. Mtar Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mtar Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mtar currently owns. An asset can also be divided into two categories, current and non-current.

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Mtar Gross Profit vs Income Tax Expense Analysis

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Gross Profit

Income Tax Expense

Mtar Technologies fundamental ratios Correlations

Mtar Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mtar Technologies fundamental ratios Accounts

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Other Information on Investing in Mtar Stock

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Net Tangible Assets	+ 0.99	Other Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.65	Other Current Liab
Net Tangible Assets	- 0.62	Other Current Liab
Cash And Short Term Investments	- 0.61	Other Current Liab
Common Stock Shares Outstanding	- 0.59	Non Currrent Assets Other
Total Stockholder Equity	- 0.59	Other Current Liab
Other Stockholder Equity	- 0.58	Other Current Liab