Manitowoc Treasury Stock vs Total Current Assets Analysis

MTW Stock  USD 10.95  0.14  1.30%   
Manitowoc financial indicator trend analysis is infinitely more than just investigating Manitowoc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manitowoc is a good investment. Please check the relationship between Manitowoc Treasury Stock and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitowoc. 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.
For more information on how to buy Manitowoc Stock please use our How to Invest in Manitowoc guide.

Treasury Stock vs Total Current Assets

Treasury Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manitowoc Treasury Stock account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Manitowoc's Treasury Stock and Total Current Assets is 0.42. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Manitowoc, assuming nothing else is changed. The correlation between historical values of Manitowoc's Treasury Stock and Total 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 Treasury Stock of Manitowoc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Treasury Stock i.e., Manitowoc's Treasury Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Treasury Stock

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Manitowoc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manitowoc 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 Manitowoc. 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.
For more information on how to buy Manitowoc Stock please use our How to Invest in Manitowoc guide.At this time, Manitowoc's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 5.8 M in 2024, whereas Discontinued Operations is likely to drop (241.5 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense28.9M31.6M35.2M33.4M
Depreciation And Amortization46.9M63.7M59.8M34.4M

Manitowoc fundamental ratios Correlations

0.990.990.550.940.980.51-0.40.990.97-0.40.65-0.910.990.780.860.00.990.330.870.960.970.970.680.740.64
0.990.990.510.930.960.45-0.390.970.96-0.390.66-0.880.970.790.81-0.040.980.30.880.950.960.950.690.670.66
0.990.990.520.950.970.43-0.440.970.95-0.440.72-0.890.970.820.830.040.990.380.910.930.990.960.650.710.62
0.550.510.520.670.380.76-0.130.490.48-0.130.5-0.460.410.670.620.620.440.280.650.430.50.370.510.050.43
0.940.930.950.670.90.49-0.470.90.85-0.470.8-0.840.890.920.780.240.920.480.960.840.930.880.570.610.51
0.980.960.970.380.90.43-0.460.980.94-0.460.6-0.91.00.710.82-0.140.990.330.80.960.951.00.610.830.6
0.510.450.430.760.490.43-0.080.550.48-0.080.02-0.430.440.30.730.090.440.00.310.570.40.420.520.320.52
-0.4-0.39-0.44-0.13-0.47-0.46-0.08-0.39-0.291.0-0.450.39-0.4-0.44-0.44-0.12-0.41-0.69-0.38-0.33-0.49-0.44-0.17-0.41-0.15
0.990.970.970.490.90.980.55-0.390.97-0.390.55-0.910.990.690.87-0.10.990.280.790.980.950.980.690.780.67
0.970.960.950.480.850.940.48-0.290.97-0.290.57-0.870.960.660.84-0.050.970.260.80.940.930.950.730.710.7
-0.4-0.39-0.44-0.13-0.47-0.46-0.081.0-0.39-0.29-0.450.39-0.4-0.44-0.44-0.12-0.41-0.69-0.38-0.33-0.49-0.44-0.17-0.41-0.15
0.650.660.720.50.80.60.02-0.450.550.57-0.45-0.610.590.920.40.490.630.540.910.460.70.580.350.340.25
-0.91-0.88-0.89-0.46-0.84-0.9-0.430.39-0.91-0.870.39-0.61-0.91-0.68-0.75-0.04-0.91-0.21-0.78-0.87-0.85-0.9-0.66-0.7-0.63
0.990.970.970.410.891.00.44-0.40.990.96-0.40.59-0.910.70.82-0.131.00.290.810.970.950.990.650.80.63
0.780.790.820.670.920.710.3-0.440.690.66-0.440.92-0.680.70.570.430.740.510.970.620.80.680.450.370.36
0.860.810.830.620.780.820.73-0.440.870.84-0.440.4-0.750.820.570.030.830.240.660.870.840.810.750.660.74
0.0-0.040.040.620.24-0.140.09-0.12-0.1-0.05-0.120.49-0.04-0.130.430.03-0.080.460.35-0.230.07-0.130.05-0.37-0.08
0.990.980.990.440.920.990.44-0.410.990.97-0.410.63-0.911.00.740.83-0.080.320.840.960.970.990.650.780.63
0.330.30.380.280.480.330.0-0.690.280.26-0.690.54-0.210.290.510.240.460.320.460.120.440.34-0.090.24-0.17
0.870.880.910.650.960.80.31-0.380.790.8-0.380.91-0.780.810.970.660.350.840.460.730.890.790.540.480.45
0.960.950.930.430.840.960.57-0.330.980.94-0.330.46-0.870.970.620.87-0.230.960.120.730.890.950.750.780.75
0.970.960.990.50.930.950.4-0.490.950.93-0.490.7-0.850.950.80.840.070.970.440.890.890.950.620.70.58
0.970.950.960.370.881.00.42-0.440.980.95-0.440.58-0.90.990.680.81-0.130.990.340.790.950.950.60.830.58
0.680.690.650.510.570.610.52-0.170.690.73-0.170.35-0.660.650.450.750.050.65-0.090.540.750.620.60.380.99
0.740.670.710.050.610.830.32-0.410.780.71-0.410.34-0.70.80.370.66-0.370.780.240.480.780.70.830.380.4
0.640.660.620.430.510.60.52-0.150.670.7-0.150.25-0.630.630.360.74-0.080.63-0.170.450.750.580.580.990.4
Click cells to compare fundamentals

Manitowoc Account Relationship Matchups

Manitowoc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.8B1.6B1.7B1.9B
Other Current Liab224.2M211.2M233.9M219.9M263M218.0M
Total Current Liabilities440.9M435.8M521M547.8M563.3M552.2M
Total Stockholder Equity645.9M643.5M662.4M537.8M603.3M497.4M
Property Plant And Equipment Net337.5M332.2M399.4M380.5M425.8M319.7M
Net Debt150.5M210.6M361M355.5M384.9M546.1M
Retained Earnings236.2M216.9M227.9M104.3M143.5M136.3M
Cash199.3M128.7M75.4M64.4M34.4M32.7M
Non Current Assets Total745.3M737.5M833.4M617M673.7M1.1B
Non Currrent Assets Other59M48.6M44.7M26.9M42.7M73.0M
Cash And Short Term Investments199.3M128.7M75.4M64.4M34.4M32.7M
Net Receivables185.7M228.7M252.8M276.9M285.5M200.9M
Common Stock Shares Outstanding35.6M34.7M35.5M35.2M36.0M35.0M
Liabilities And Stockholders Equity1.6B1.6B1.8B1.6B1.7B1.9B
Non Current Liabilities Total530.9M524.2M591.8M529.9M540.1M818.6M
Inventory461.4M473.1M576.8M611.9M666.5M366.6M
Other Current Assets26M35.5M36.8M45.3M46.6M67.6M
Other Stockholder Equity530.3M523.7M536.5M541M545.8M573.1M
Total Liab971.8M960M1.1B1.1B1.1B1.4B
Property Plant And Equipment Gross337.5M332.2M861.7M380.5M953.2M1.0B
Total Current Assets872.4M866M941.8M998.5M1.0B760.7M
Accumulated Other Comprehensive Income(121M)(97.5M)(102.4M)(107.9M)(86.4M)(90.7M)
Intangible Assets116.3M121.6M139.6M126.7M125.6M119.3M
Accounts Payable187.1M178.1M238.8M274.6M254.7M310.5M
Short Long Term Debt Total349.8M339.3M436.4M419.9M419.3M804.9M
Short Term Debt3.8M21M19.6M17.7M26.4M37.3M
Other Liab184.9M195.4M162.7M116.1M133.5M126.8M
Other Assets59M87M44.7M29.7M26.7M25.4M
Long Term Debt308.4M300.4M399.9M379.5M358.7M668.3M
Treasury Stock(61.9M)(71.4M)(65.9M)(65.7M)(75.6M)(79.3M)
Property Plant Equipment289.9M294.3M399.4M380.5M437.6M457.9M
Current Deferred Revenue25.8M25.5M28.7M21.9M19.2M33.0M
Good Will232.5M235.1M249.7M80.1M79.6M75.6M
Net Tangible Assets297.1M286.8M273.1M331M380.7M399.7M
Retained Earnings Total Equity236.2M216.9M227.9M104.3M93.9M89.2M
Long Term Debt Total308.4M300.4M399.9M379.5M341.6M676.8M

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