Multi Net Income vs Total Revenue Analysis
| MWG Stock | 0.25 0.01 4.17% |
Multi Ways financial indicator trend analysis is infinitely more than just investigating Multi Ways Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Multi Ways Holdings is a good investment. Please check the relationship between Multi Ways Net Income and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Ways Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Multi Ways Holdings Net Income account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Multi Ways' Net Income and Total Revenue is 0.66. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Multi Ways Holdings, assuming nothing else is changed. The correlation between historical values of Multi Ways' Net Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Multi Ways Holdings are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., Multi Ways' Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.66 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Multi Ways Holdings financial statement analysis. It represents the amount of money remaining after all of Multi Ways Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts Multi Ways Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Multi Ways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Multi Ways Holdings 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 Multi Ways Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. The Multi Ways' current Issuance Of Capital Stock is estimated to increase to about 14.2 M, while Selling General Administrative is projected to decrease to roughly 8.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 716K | 748K | 1.1M | 1.0M | Depreciation And Amortization | 1.2M | 1.2M | 1.8M | 1.7M |
Multi Ways fundamental ratios Correlations
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Multi Ways Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Multi Ways fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 76.9B | 52.0M | 54.6M | 52.8M | 44.0M | 41.8M | |
| Total Stockholder Equity | 81.5B | 15.7M | 5.4M | 6.3M | 16.5M | 15.7M | |
| Net Debt | (67.7B) | 20.9M | 16.4M | 16.6M | 5.7M | 5.4M | |
| Retained Earnings | 70.6B | 10.3M | 257K | 1.2M | 3.0M | 2.9M | |
| Cash | 67.7B | 325K | 1.5M | 1.0M | 7.1M | 6.7M | |
| Cash And Short Term Investments | 67.7B | 325K | 1.5M | 1.3M | 9.3M | 8.8M | |
| Liabilities And Stockholders Equity | 76.9B | 52.0M | 54.6M | 52.8M | 44.0M | 41.8M | |
| Other Stockholder Equity | 20.9B | 18.3B | 13.7B | 5.4M | 13.7M | 13.0M | |
| Total Liab | 812.7B | 36.3M | 49.3M | 46.5M | 27.4M | 26.1M | |
| Total Current Assets | 67.7B | 40.4M | 45.1M | 44.1M | 52.4M | 49.8M | |
| Non Current Assets Total | 9.3B | 11.6M | 9.5M | 8.7M | 5.6M | 5.3M | |
| Common Stock Shares Outstanding | 1.7B | 1.7B | 99.2M | 30.8M | 29.3M | 27.8M | |
| Accumulated Other Comprehensive Income | (2.3B) | (2.8B) | (345K) | (419K) | (150K) | (157.5K) |
Currently Active Assets on Macroaxis
When determining whether Multi Ways Holdings is a strong investment it is important to analyze Multi Ways' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Multi Ways' future performance. For an informed investment choice regarding Multi Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Ways Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Multi Ways. If investors know Multi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Multi Ways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Earnings Share 0.06 | Revenue Per Share 1.23 | Quarterly Revenue Growth 0.185 | Return On Assets (0.03) |
The market value of Multi Ways Holdings is measured differently than its book value, which is the value of Multi that is recorded on the company's balance sheet. Investors also form their own opinion of Multi Ways' value that differs from its market value or its book value, called intrinsic value, which is Multi Ways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Multi Ways' market value can be influenced by many factors that don't directly affect Multi Ways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Multi Ways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi Ways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi Ways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.