MTI Intangible Assets vs Common Stock Shares Outstanding Analysis

MWE Stock   45.00  1.00  2.17%   
MTI Wireless financial indicator trend analysis is infinitely more than just investigating MTI Wireless Edge recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MTI Wireless Edge is a good investment. Please check the relationship between MTI Wireless Intangible Assets and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MTI Wireless Edge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Intangible Assets vs Common Stock Shares Outstanding

Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MTI Wireless Edge Intangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between MTI Wireless' Intangible Assets and Common Stock Shares Outstanding is 0.25. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of MTI Wireless Edge, assuming nothing else is changed. The correlation between historical values of MTI Wireless' Intangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of MTI Wireless Edge are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Intangible Assets i.e., MTI Wireless' Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from MTI Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MTI Wireless Edge 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 MTI Wireless Edge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 30, 2024, Selling General Administrative is expected to decline to about 3.7 M. In addition to that, Tax Provision is expected to decline to about 472.6 K
 2021 2022 2023 2024 (projected)
Interest Expense249K277K347K199.6K
Depreciation And Amortization976K1.5M1.5M1.6M

MTI Wireless fundamental ratios Correlations

-0.230.640.860.980.45-0.39-0.70.260.80.770.73-0.450.710.440.940.890.270.950.940.580.980.730.990.350.41
-0.23-0.46-0.4-0.150.610.450.720.39-0.43-0.620.320.58-0.37-0.12-0.29-0.50.73-0.25-0.320.12-0.31-0.15-0.350.35-0.09
0.64-0.460.780.57-0.21-0.91-0.820.060.680.810.13-0.40.420.470.570.68-0.260.680.70.320.680.520.710.430.23
0.86-0.40.780.820.14-0.52-0.830.270.960.770.4-0.640.620.240.770.83-0.030.790.840.410.870.810.90.510.51
0.98-0.150.570.820.55-0.33-0.630.30.770.690.79-0.360.70.440.930.860.330.940.890.660.920.720.950.390.41
0.450.61-0.210.140.550.40.170.410.1-0.040.80.20.360.180.410.190.760.360.240.490.320.30.330.270.1
-0.390.45-0.91-0.52-0.330.40.650.09-0.48-0.620.020.22-0.15-0.42-0.37-0.490.31-0.48-0.5-0.19-0.44-0.27-0.46-0.35-0.18
-0.70.72-0.82-0.83-0.630.170.650.06-0.77-0.97-0.120.61-0.71-0.36-0.67-0.810.35-0.66-0.7-0.2-0.75-0.58-0.79-0.06-0.25
0.260.390.060.270.30.410.090.060.23-0.080.550.140.05-0.33-0.03-0.140.570.150.14-0.130.20.620.170.450.65
0.8-0.430.680.960.770.1-0.48-0.770.230.680.38-0.650.540.10.740.81-0.020.720.80.370.80.770.840.490.61
0.77-0.620.810.770.69-0.04-0.62-0.97-0.080.680.24-0.540.760.480.730.83-0.230.740.750.260.820.530.830.010.15
0.730.320.130.40.790.80.02-0.120.550.380.240.080.410.210.630.450.790.670.560.490.630.610.60.320.51
-0.450.58-0.4-0.64-0.360.20.220.610.14-0.65-0.540.08-0.31-0.05-0.43-0.60.31-0.48-0.56-0.09-0.54-0.39-0.54-0.1-0.24
0.71-0.370.420.620.70.36-0.15-0.710.050.540.760.41-0.310.280.690.690.030.540.530.240.70.570.73-0.160.11
0.44-0.120.470.240.440.18-0.42-0.36-0.330.10.480.21-0.050.280.510.5-0.150.590.450.590.4-0.10.460.2-0.43
0.94-0.290.570.770.930.41-0.37-0.67-0.030.740.730.63-0.430.690.510.960.160.920.90.730.90.540.940.250.24
0.89-0.50.680.830.860.19-0.49-0.81-0.140.810.830.45-0.60.690.50.96-0.050.890.890.630.890.550.930.20.25
0.270.73-0.26-0.030.330.760.310.350.57-0.02-0.230.790.310.03-0.150.16-0.050.190.110.210.180.340.110.240.43
0.95-0.250.680.790.940.36-0.48-0.660.150.720.740.67-0.480.540.590.920.890.190.950.670.930.610.950.410.32
0.94-0.320.70.840.890.24-0.5-0.70.140.80.750.56-0.560.530.450.90.890.110.950.550.960.60.960.40.34
0.580.120.320.410.660.49-0.19-0.2-0.130.370.260.49-0.090.240.590.730.630.210.670.550.470.210.550.45-0.05
0.98-0.310.680.870.920.32-0.44-0.750.20.80.820.63-0.540.70.40.90.890.180.930.960.470.710.980.310.38
0.73-0.150.520.810.720.3-0.27-0.580.620.770.530.61-0.390.57-0.10.540.550.340.610.60.210.710.70.390.78
0.99-0.350.710.90.950.33-0.46-0.790.170.840.830.6-0.540.730.460.940.930.110.950.960.550.980.70.330.35
0.350.350.430.510.390.27-0.35-0.060.450.490.010.32-0.1-0.160.20.250.20.240.410.40.450.310.390.330.33
0.41-0.090.230.510.410.1-0.18-0.250.650.610.150.51-0.240.11-0.430.240.250.430.320.34-0.050.380.780.350.33
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MTI Wireless Account Relationship Matchups

MTI Wireless fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.2M36.1M40.9M40.5M44.7M30.6M
Short Long Term Debt Total1.1M528K936K893K1.3M1.6M
Other Current Liab2.7M3.9M6.5M3.2M4.2M4.4M
Total Current Liabilities9.7M9.5M12.6M9.8M13.0M13.7M
Total Stockholder Equity22.4M24.6M25.9M26.8M28.0M22.1M
Property Plant And Equipment Net5.2M4.8M5.5M5.6M5.4M4.9M
Net Debt(7.1M)(9.0M)(11.6M)(7.4M)(7.2M)(6.8M)
Retained Earnings(658K)999K2.4M3.8M5.2M5.5M
Accounts Payable6.3M5.1M5.3M5.7M7.9M8.3M
Cash8.1M9.6M12.6M8.3M8.5M5.1M
Non Current Assets Total7.0M6.6M7.6M10.6M9.9M6.8M
Non Currrent Assets Other31K1K26K39K37K35.2K
Cash And Short Term Investments8.1M9.6M12.6M8.3M8.5M6.8M
Net Receivables12.4M13.1M13.0M9.7M1.9M1.8M
Common Stock Total Equity114K205K207K209K240.4K133.9K
Common Stock Shares Outstanding87.2M88.1M88.5M88.4M88.3M68.9M
Liabilities And Stockholders Equity34.2M36.1M40.9M40.5M44.7M30.6M
Non Current Liabilities Total1.3M1.1M1.3M2.6M2.4M1.7M
Inventory5.7M6.4M6.8M7.8M7.5M4.6M
Other Current Assets13.3M13.5M13.9M13.8M18.9M9.8M
Other Stockholder Equity22.9M23.4M23.3M22.8M22.6M22.6M
Total Liab11.0M10.6M13.9M12.4M15.5M8.1M
Property Plant And Equipment Gross5.2M4.8M17.8M18.6M19.0M19.9M
Total Current Assets27.2M29.5M33.4M29.8M34.8M23.8M
Accumulated Other Comprehensive Income(7.4M)(10.2M)(11.0M)(11.9M)(10.7M)(10.2M)
Short Term Debt701K336K463K492K680K1.2M
Intangible Assets255K203K153K1.6M1.4M1.5M
Common Stock114K205K207K209K240.4K149.1K
Other Assets695K740K1.0M1.2M1.4M765.3K
Other Liab912K877K868K2.2M2.5M2.6M
Net Tangible Assets21.3M23.5M24.9M23.0M26.4M22.1M
Long Term Debt141K37K8K98K64K60.8K
Short Long Term Debt312K105K23K43K314K454.3K
Property Plant Equipment5.2M4.8M5.5M5.6M5.0M4.1M
Net Invested Capital22.9M24.7M25.9M27.0M28.4M27.1M
Net Working Capital17.5M20.0M20.8M20.0M21.8M20.6M

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Other Information on Investing in MTI Stock

Balance Sheet is a snapshot of the financial position of MTI Wireless Edge at a specified time, usually calculated after every quarter, six months, or one year. MTI Wireless Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MTI Wireless 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 MTI currently owns. An asset can also be divided into two categories, current and non-current.