Mtar Total Assets vs Retained Earnings 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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mtar Technologies Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mtar Technologies' Total Assets and Retained Earnings is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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' Total Assets and Retained Earnings 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 Assets of Mtar Technologies Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Mtar Technologies' Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Mtar Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mtar Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Profit3.0B2.8B3.2B1.8B
Total Revenue5.7B5.8B6.7B7.0B

Mtar Technologies fundamental ratios Correlations

0.85-0.520.910.980.950.850.880.80.70.94-0.340.870.960.650.910.480.930.960.990.80.820.86-0.270.95-0.27
0.85-0.450.760.830.870.990.980.610.870.87-0.320.710.80.80.970.120.740.820.80.980.60.85-0.320.75-0.31
-0.52-0.45-0.37-0.59-0.44-0.43-0.58-0.39-0.49-0.380.94-0.61-0.44-0.65-0.55-0.4-0.58-0.44-0.57-0.41-0.43-0.470.76-0.62-0.27
0.910.76-0.370.830.830.80.760.960.460.83-0.240.80.980.560.850.490.750.980.910.710.660.66-0.180.78-0.49
0.980.83-0.590.830.930.820.880.710.760.91-0.40.880.910.650.880.50.970.910.980.780.860.89-0.330.98-0.15
0.950.87-0.440.830.930.870.870.670.741.0-0.310.740.880.730.880.20.820.930.890.840.660.83-0.230.84-0.29
0.850.99-0.430.80.820.870.960.660.820.87-0.290.730.820.80.970.130.720.850.80.980.580.82-0.290.73-0.38
0.880.98-0.580.760.880.870.960.650.90.85-0.440.760.820.790.980.250.820.830.860.940.680.88-0.430.82-0.21
0.80.61-0.390.960.710.670.660.650.30.65-0.290.720.910.420.760.620.670.890.830.540.60.53-0.180.69-0.53
0.70.87-0.490.460.760.740.820.90.30.73-0.390.550.550.690.830.060.710.580.660.840.590.85-0.410.70.05
0.940.87-0.380.830.911.00.870.850.650.73-0.250.720.870.720.860.170.80.920.870.840.640.83-0.190.82-0.33
-0.34-0.320.94-0.24-0.4-0.31-0.29-0.44-0.29-0.39-0.25-0.33-0.25-0.59-0.42-0.2-0.35-0.3-0.37-0.25-0.14-0.290.74-0.39-0.25
0.870.71-0.610.80.880.740.730.760.720.550.72-0.330.880.590.780.640.90.820.910.720.880.73-0.330.92-0.06
0.960.8-0.440.980.910.880.820.820.910.550.87-0.250.880.580.880.560.870.980.970.760.790.77-0.190.89-0.42
0.650.8-0.650.560.650.730.80.790.420.690.72-0.590.590.580.76-0.070.520.640.590.810.310.72-0.50.57-0.1
0.910.97-0.550.850.880.880.970.980.760.830.86-0.420.780.880.760.320.820.90.890.920.680.85-0.370.82-0.32
0.480.12-0.40.490.50.20.130.250.620.060.17-0.20.640.56-0.070.320.660.430.610.060.760.34-0.170.64-0.03
0.930.74-0.580.750.970.820.720.820.670.710.8-0.350.90.870.520.820.660.820.960.690.950.88-0.30.99-0.1
0.960.82-0.440.980.910.930.850.830.890.580.92-0.30.820.980.640.90.430.820.950.770.70.75-0.210.85-0.42
0.990.8-0.570.910.980.890.80.860.830.660.87-0.370.910.970.590.890.610.960.950.740.870.83-0.30.97-0.23
0.80.98-0.410.710.780.840.980.940.540.840.84-0.250.720.760.810.920.060.690.770.740.570.82-0.30.7-0.27
0.820.6-0.430.660.860.660.580.680.60.590.64-0.140.880.790.310.680.760.950.70.870.570.78-0.210.93-0.02
0.860.85-0.470.660.890.830.820.880.530.850.83-0.290.730.770.720.850.340.880.750.830.820.78-0.260.86-0.21
-0.27-0.320.76-0.18-0.33-0.23-0.29-0.43-0.18-0.41-0.190.74-0.33-0.19-0.5-0.37-0.17-0.3-0.21-0.3-0.3-0.21-0.26-0.35-0.41
0.950.75-0.620.780.980.840.730.820.690.70.82-0.390.920.890.570.820.640.990.850.970.70.930.86-0.35-0.06
-0.27-0.31-0.27-0.49-0.15-0.29-0.38-0.21-0.530.05-0.33-0.25-0.06-0.42-0.1-0.32-0.03-0.1-0.42-0.23-0.27-0.02-0.21-0.41-0.06
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Mtar Technologies Account Relationship Matchups

Mtar Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.9B7.3B10.6B10.1B11.6B6.4B
Short Long Term Debt Total169.8M958.9M1.4B1.9B2.2B2.3B
Other Current Liab75.7M69.8M108.5M119.9M107.9M101.8M
Total Current Liabilities894M1.7B3.4B2.1B2.4B1.6B
Total Stockholder Equity4.8B5.2B6.2B6.8B7.8B4.3B
Property Plant And Equipment Net1.8B2.4B3.5B4.3B5.0B2.5B
Net Debt(93.0M)795.7M1.3B1.5B1.7B1.8B
Retained Earnings1.2B1.7B2.7B3.2B3.7B3.9B
Accounts Payable347.6M570.4M2.2B714.1M821.2M617.7M
Cash262.7M163.3M122.4M392.4M451.2M473.8M
Non Current Assets Total1.9B2.6B3.7B4.4B5.1B2.8B
Non Currrent Assets Other75.3M216.2M85.6M113.4M102.0M77.1M
Cash And Short Term Investments319.0M818.1M635.0M508.4M584.6M386.1M
Net Receivables868.2M1.4B2.1B1.5B1.7B1.1B
Liabilities And Stockholders Equity5.9B7.3B10.6B10.1B11.6B6.3B
Inventory1.0B1.7B3.9B3.5B4.0B4.2B
Other Current Assets2.6B2.1B2.7B231.2M265.9M252.6M
Total Liab1.1B2.1B4.4B3.3B3.8B2.0B
Total Current Assets4.0B4.6B7.0B5.6B6.5B3.6B
Short Term Debt98.5M699.5M656.3M939.3M1.1B1.1B
Intangible Assets9.5M10.1M7.9M7.3M8.4M5.6M
Other Liab11.5M76.9M130.5M167.1M150.4M100.0M
Net Tangible Assets2.3B2.2B4.8B5.2B6.0B3.7B
Current Deferred Revenue423.9M368.5M110.8M304.9M274.4M262.6M
Other Assets283.7M79.1M101.7M243.0M218.7M155.8M
Long Term Debt71.3M259.5M777.2M969.9M1.1B1.2B
Short Term Investments56.3M654.8M512.6M26.2M30.1M28.6M
Non Current Liabilities Total201.8M426.5M1.0B1.2B1.4B1.5B
Net Invested Capital4.9B6.2B7.6B8.7B10.0B5.5B
Short Long Term Debt48.5M699.5M656.3M939.3M1.1B1.1B
Net Working Capital3.1B3.0B3.6B3.6B4.1B2.3B
Property Plant Equipment1.7B1.7B1.8B2.4B2.8B2.0B
Property Plant And Equipment Gross2.3B3.1B3.5B4.1B4.7B3.4B

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Other Information on Investing in Mtar Stock

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.