Mannatech Total Stockholder Equity vs Other Current Assets Analysis

MTEX Stock  USD 8.40  0.10  1.20%   
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 Total Stockholder Equity and its Other Current Assets 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.

Total Stockholder Equity vs Other Current Assets

Total Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mannatech Incorporated Total Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mannatech Incorporated's Total Stockholder Equity and Other Current Assets is -0.08. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Assets 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 Total Stockholder Equity and Other Current Assets 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 Stockholder Equity of Mannatech Incorporated are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Stockholder Equity i.e., Mannatech Incorporated's Total Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.
 2021 2022 2023 2024 (projected)
Gross Profit125.6M104.1M102.9M103.7M
Total Revenue159.8M137.2M132.0M169.3M

Mannatech Incorporated fundamental ratios Correlations

-0.240.280.710.91-0.61-0.890.440.010.910.540.750.910.350.460.01-0.080.180.780.620.93-0.060.51-0.360.270.67
-0.24-0.36-0.05-0.380.470.56-0.19-0.13-0.45-0.07-0.73-0.45-0.2-0.330.040.07-0.030.0-0.03-0.040.31-0.090.93-0.28-0.2
0.28-0.360.380.160.02-0.25-0.510.360.210.180.280.210.230.360.320.350.010.360.460.22-0.42-0.21-0.360.540.22
0.71-0.050.380.39-0.35-0.440.110.350.460.420.40.460.040.020.140.120.450.490.920.780.21-0.010.010.190.23
0.91-0.380.160.39-0.67-0.960.51-0.060.980.40.830.980.40.66-0.21-0.18-0.080.740.250.77-0.30.72-0.560.270.82
-0.610.470.02-0.35-0.670.72-0.30.24-0.70.14-0.67-0.7-0.13-0.20.13-0.19-0.27-0.5-0.25-0.590.03-0.250.48-0.15-0.39
-0.890.56-0.25-0.44-0.960.72-0.510.03-0.99-0.39-0.9-0.99-0.31-0.590.140.20.01-0.63-0.33-0.730.29-0.60.67-0.34-0.73
0.44-0.19-0.510.110.51-0.3-0.51-0.240.520.440.440.520.01-0.01-0.15-0.570.15-0.040.040.310.240.5-0.22-0.010.2
0.01-0.130.360.35-0.060.240.03-0.24-0.050.180.1-0.050.130.16-0.35-0.01-0.14-0.030.17-0.03-0.180.08-0.060.00.15
0.91-0.450.210.460.98-0.7-0.990.52-0.050.40.861.00.30.58-0.15-0.2-0.020.680.340.77-0.270.64-0.580.320.76
0.54-0.070.180.420.40.14-0.390.440.180.40.450.40.320.140.27-0.520.00.140.470.350.160.21-0.11-0.170.26
0.75-0.730.280.40.83-0.67-0.90.440.10.860.450.860.280.52-0.09-0.20.030.440.310.53-0.230.42-0.810.180.62
0.91-0.450.210.460.98-0.7-0.990.52-0.051.00.40.860.30.58-0.15-0.2-0.020.680.340.77-0.270.64-0.580.320.76
0.35-0.20.230.040.4-0.13-0.310.010.130.30.320.280.30.310.110.17-0.030.360.080.24-0.070.37-0.250.010.3
0.46-0.330.360.020.66-0.2-0.59-0.010.160.580.140.520.580.31-0.48-0.2-0.610.68-0.180.35-0.790.66-0.610.250.85
0.010.040.320.14-0.210.130.14-0.15-0.35-0.150.27-0.09-0.150.11-0.480.370.61-0.190.52-0.030.54-0.580.170.14-0.53
-0.080.070.350.12-0.18-0.190.2-0.57-0.01-0.2-0.52-0.2-0.20.17-0.20.370.540.160.250.050.15-0.380.130.39-0.25
0.18-0.030.010.45-0.08-0.270.010.15-0.14-0.020.00.03-0.02-0.03-0.610.610.54-0.120.630.250.76-0.410.170.3-0.53
0.780.00.360.490.74-0.5-0.63-0.04-0.030.680.140.440.680.360.68-0.190.16-0.120.350.84-0.380.51-0.220.270.76
0.62-0.030.460.920.25-0.25-0.330.040.170.340.470.310.340.08-0.180.520.250.630.350.660.39-0.240.080.22-0.01
0.93-0.040.220.780.77-0.59-0.730.31-0.030.770.350.530.770.240.35-0.030.050.250.840.660.010.44-0.140.280.56
-0.060.31-0.420.21-0.30.030.290.24-0.18-0.270.16-0.23-0.27-0.07-0.790.540.150.76-0.380.390.01-0.380.52-0.24-0.69
0.51-0.09-0.21-0.010.72-0.25-0.60.50.080.640.210.420.640.370.66-0.58-0.38-0.410.51-0.240.44-0.38-0.330.050.75
-0.360.93-0.360.01-0.560.480.67-0.22-0.06-0.58-0.11-0.81-0.58-0.25-0.610.170.130.17-0.220.08-0.140.52-0.33-0.3-0.47
0.27-0.280.540.190.27-0.15-0.34-0.010.00.32-0.170.180.320.010.250.140.390.30.270.220.28-0.240.05-0.30.11
0.67-0.20.220.230.82-0.39-0.730.20.150.760.260.620.760.30.85-0.53-0.25-0.530.76-0.010.56-0.690.75-0.470.11
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Mannatech Incorporated Account Relationship Matchups

Mannatech Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets62.9M65.3M59.6M49.1M41.2M57.2M
Short Long Term Debt Total1.4M758K339K412K5.7M6.0M
Other Current Liab20.1M17.6M17.3M15.2M13.3M16.2M
Total Current Liabilities28.9M32.0M30.1M29.8M25.8M34.6M
Total Stockholder Equity27.3M26.0M24.4M14.2M10.5M10.0M
Property Plant And Equipment Net6.1M5.4M4.2M3.8M7.5M10.2M
Net Debt(23.4M)(21.4M)(23.8M)(13.4M)(2.0M)(2.1M)
Retained Earnings(690K)2.2M7.7M1.7M(1.3M)(1.2M)
Accounts Payable3.5M4.8M4.0M4.4M4.0M4.8M
Cash24.8M22.2M24.2M13.8M7.7M7.3M
Non Current Assets Total21.9M22.9M16.8M14.2M13.5M19.5M
Non Currrent Assets Other9.4M11.8M9.0M8.2M2.1M2.0M
Cash And Short Term Investments24.8M22.2M24.2M13.8M7.7M7.3M
Net Receivables1.2M1.2M432K641K556K528.2K
Common Stock Shares Outstanding2.4M2.3M2.1M1.9M1.9M2.0M
Liabilities And Stockholders Equity62.9M65.3M59.6M49.1M41.2M57.2M
Non Current Liabilities Total6.8M7.4M5.1M5.1M4.9M5.1M
Inventory10.2M12.8M12.0M14.7M14.9M11.9M
Other Current Assets2.2M6.2M6.2M5.8M4.4M4.9M
Other Stockholder Equity24.2M18.6M14.4M12.7M12.8M25.2M
Total Liab35.6M39.4M35.2M35.0M30.7M39.6M
Total Current Assets41.0M42.5M42.8M35.0M27.7M51.7M
Short Term Debt826K2.7M1.8M1.9M2.2M2.3M
Property Plant And Equipment Gross6.1M4.5M4.2M3.8M61.4M64.4M
Accumulated Other Comprehensive Income3.8M5.2M2.3M(208K)(1.0M)(964.3K)
Other Liab910K1.1M5.0M873K1.0M953.8K
Other Assets10M77K20K39K44.9K42.6K
Treasury Stock(4.9M)(10.2M)(9.9M)(15.2M)(13.7M)(14.4M)
Property Plant Equipment6.2M12.3M4.2M8.4M7.6M10.7M
Current Deferred Revenue4.4M5.5M4.9M5.1M4.8M5.1M
Net Tangible Assets27.3M25.8M24.4M14.0M12.6M24.2M
Retained Earnings Total Equity4.2M(2.8M)(690K)2.2M2.0M3.1M
Long Term Debt Total144K972K576K129K116.1K110.3K
Capital Surpluse34.9M33.9M34.1M33.8M30.4M31.2M
Capital Lease Obligations176K205K134K1.7M5.5M5.8M
Non Current Liabilities Other6.2M7.2M5.0M5.0M(14K)(13.3K)

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