Mynaric Income Before Tax vs Ebitda Analysis
MYNA Stock | USD 1.40 0.01 0.72% |
Mynaric AG financial indicator trend analysis is infinitely more than just investigating Mynaric AG ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mynaric AG ADR is a good investment. Please check the relationship between Mynaric AG Income Before Tax and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mynaric AG ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Income Before Tax vs Ebitda
Income Before Tax vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mynaric AG ADR Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Mynaric AG's Income Before Tax and Ebitda is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Mynaric AG ADR, assuming nothing else is changed. The correlation between historical values of Mynaric AG's Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Mynaric AG ADR are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Mynaric AG's Income Before Tax and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Mynaric AG income statement and is an important metric when analyzing Mynaric AG ADR profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Ebitda
Most indicators from Mynaric AG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mynaric AG ADR 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 Mynaric AG ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Mynaric AG's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 14.24, whereas Tax Provision is projected to grow to (524.4 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.4M | 4.4M | 5.4M | 5.7M | Depreciation And Amortization | 4.5M | 6.5M | 7.1M | 7.5M |
Mynaric AG fundamental ratios Correlations
Click cells to compare fundamentals
Mynaric AG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mynaric AG fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.6M | 91.5M | 111.7M | 83.9M | 119.1M | 125.0M | |
Other Current Liab | 2.6M | 6.0M | 7.7M | 22.7M | 58.5M | 61.5M | |
Total Current Liabilities | 3.8M | 8.9M | 13.7M | 43.2M | 74.9M | 78.6M | |
Total Stockholder Equity | 21.7M | 70.7M | 84.9M | 27.8M | (49.3M) | (46.8M) | |
Property Plant And Equipment Net | 10.7M | 18.0M | 25.6M | 31.1M | 49.1M | 51.6M | |
Net Debt | (2.2M) | (35.2M) | (39.1M) | 11.8M | 64.1M | 67.3M | |
Retained Earnings | (27.5M) | (47.3M) | (92.8M) | (166.5M) | (260.1M) | (247.1M) | |
Cash | 8.9M | 43.2M | 48.1M | 10.2M | 24.0M | 17.7M | |
Non Current Assets Total | 10.7M | 41.2M | 49.6M | 53.5M | 75.0M | 78.7M | |
Non Currrent Assets Other | (10.7M) | 359K | 411K | 449K | 14.3M | 15.0M | |
Other Assets | 75.7K | 8.9M | 18.2M | (11.4M) | (10.2M) | (9.7M) | |
Cash And Short Term Investments | 9.7M | 43.2M | 48.1M | 10.4M | 24.0M | 17.9M | |
Net Receivables | 315K | 1.2M | 2.2M | 1.1M | 300K | 285K | |
Inventory | 1.3M | 5.3M | 8.5M | 13.3M | 22.7M | 23.8M | |
Total Liab | 9.8M | 20.8M | 26.8M | 56.1M | 168.4M | 176.8M | |
Total Current Assets | 11.9M | 50.3M | 62.1M | 30.4M | 55.4M | 58.2M | |
Intangible Assets | 85K | 17.9M | 20.0M | 18.1M | 263K | 249.9K | |
Common Stock | 2.9M | 4.0M | 5.2M | 5.7M | 6.2M | 6.5M | |
Liabilities And Stockholders Equity | 34.5M | 91.5M | 111.7M | 83.9M | 119.1M | 125.0M | |
Other Stockholder Equity | 46.4M | 1.0 | 172.6M | 189.3M | 204.0M | 214.2M | |
Common Stock Shares Outstanding | 2.9M | 3.3M | 4.3M | 5.4M | 6.0M | 4.0M | |
Non Current Liabilities Total | 6.1M | 11.9M | 13.1M | 12.9M | 104.8M | 110.1M | |
Other Current Assets | 987K | 1.3M | 5.5M | 5.7M | 8.5M | 8.9M | |
Accumulated Other Comprehensive Income | (53K) | 5.8M | (184K) | (595K) | 531K | 504.5K | |
Other Liab | 25.7K | 104K | 172K | 2.0M | 2.3M | 2.4M | |
Net Tangible Assets | 17.8M | 21.7M | 70.6M | 84.5M | 97.2M | 49.1M | |
Accounts Payable | 1.2M | 1.7M | 4.4M | 4.2M | 7.6M | 8.0M | |
Net Invested Capital | 24.9M | 70.7M | 84.9M | 27.8M | 13.5M | 12.8M | |
Net Working Capital | 10.0M | 41.4M | 48.3M | (12.8M) | (19.4M) | (18.5M) | |
Property Plant Equipment | 2.5M | 10.7M | 18.0M | 25.6M | 29.4M | 30.9M | |
Short Term Investments | 782K | 77K | 48K | 172K | 154.8K | 147.1K | |
Capital Stock | 2.9M | 4.1M | 5.2M | 5.7M | 6.2M | 4.9M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Mynaric AG ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mynaric AG's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mynaric Ag Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mynaric Ag Adr Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mynaric AG ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Electronic Equipment, Instruments & 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 Mynaric AG. If investors know Mynaric 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 Mynaric AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.08) | Revenue Per Share 0.223 | Quarterly Revenue Growth (0.69) | Return On Assets (0.46) | Return On Equity (2.34) |
The market value of Mynaric AG ADR is measured differently than its book value, which is the value of Mynaric that is recorded on the company's balance sheet. Investors also form their own opinion of Mynaric AG's value that differs from its market value or its book value, called intrinsic value, which is Mynaric AG's 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 Mynaric AG's market value can be influenced by many factors that don't directly affect Mynaric AG's 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 Mynaric AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mynaric AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mynaric AG's 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.