MTEX Stock | | | USD 8.40 0.35 4.35% |
Mannatech Incorporated financial indicator trend analysis is infinitely more than just investigating Mannatech Incorporated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mannatech Incorporated is a good investment. Please check the relationship between Mannatech Incorporated Long Term Debt and its Total Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Mannatech Stock please use our
How to Invest in Mannatech Incorporated guide.
Long Term Debt vs Total Liab
Long Term Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mannatech Incorporated Long Term Debt account and
Total Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Mannatech Incorporated's Long Term Debt and Total Liab is 0.11. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Mannatech Incorporated, assuming nothing else is changed. The correlation between historical values of Mannatech Incorporated's Long Term Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Mannatech Incorporated are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Debt i.e., Mannatech Incorporated's Long Term Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Mannatech Incorporated has held for over one year. Long-term debt appears on Mannatech Incorporated balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mannatech Incorporated balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Mannatech Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mannatech Incorporated 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 Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Mannatech Stock please use our
How to Invest in Mannatech Incorporated guide.At this time, Mannatech Incorporated's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.37 in 2024, whereas
Tax Provision is likely to drop slightly above 2.5
M in 2024.
Mannatech Incorporated fundamental ratios Correlations
Click cells to compare fundamentals
Mannatech Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mannatech Incorporated fundamental ratios Accounts
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Additional Tools for Mannatech Stock Analysis
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