Mynaric Net Debt vs Other Current Assets 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 Net Debt and its Other Current Assets 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.

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mynaric AG ADR Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Mynaric AG's Net Debt and Other Current Assets is 0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets 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 Net Debt 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 Net Debt of Mynaric AG ADR 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 Net Debt i.e., Mynaric AG's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 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

Total Revenue Depreciation And Amortization

Mynaric AG fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Stockholder Equity	Short Long Term Debt Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Liab	Net Tangible Assets	Accounts Payable
Total Assets		0.78	0.81	0.08	0.94	0.34	-0.88	0.77	0.97	0.6	-0.26	0.77	0.61	0.88	0.79	0.97	0.57	0.96	0.87	0.76	0.81	0.75	0.9	0.87	0.85	0.89
Other Current Liab	0.78		0.99	-0.56	0.94	0.85	-0.96	0.26	0.88	0.86	-0.61	0.26	0.05	0.98	1.0	0.69	0.01	0.76	0.85	0.99	0.77	0.98	0.93	0.85	0.61	0.96
Total Current Liabilities	0.81	0.99		-0.5	0.96	0.82	-0.99	0.28	0.91	0.83	-0.64	0.28	0.13	0.99	0.99	0.71	0.1	0.81	0.89	0.97	0.83	0.95	0.95	0.9	0.67	0.97
Total Stockholder Equity	0.08	-0.56	-0.5		-0.25	-0.89	0.37	0.57	-0.12	-0.58	0.6	0.57	0.73	-0.39	-0.54	0.19	0.77	0.06	-0.19	-0.58	-0.15	-0.58	-0.28	-0.2	0.16	-0.35
Property Plant And Equipment Net	0.94	0.94	0.96	-0.25		0.65	-0.98	0.5	0.99	0.74	-0.48	0.5	0.38	0.98	0.94	0.85	0.33	0.91	0.94	0.91	0.87	0.9	0.98	0.93	0.79	0.98
Net Debt	0.34	0.85	0.82	-0.89	0.65		-0.73	-0.28	0.54	0.75	-0.69	-0.28	-0.4	0.74	0.83	0.2	-0.43	0.35	0.58	0.84	0.52	0.84	0.66	0.58	0.23	0.7
Retained Earnings	-0.88	-0.96	-0.99	0.37	-0.98	-0.73		-0.39	-0.96	-0.78	0.6	-0.39	-0.27	-0.99	-0.96	-0.78	-0.24	-0.88	-0.94	-0.94	-0.89	-0.91	-0.98	-0.94	-0.76	-0.98
Cash	0.77	0.26	0.28	0.57	0.5	-0.28	-0.39		0.6	0.19	0.23	1.0	0.77	0.39	0.3	0.88	0.7	0.71	0.42	0.28	0.42	0.29	0.46	0.45	0.65	0.44
Non Current Assets Total	0.97	0.88	0.91	-0.12	0.99	0.54	-0.96	0.6		0.71	-0.41	0.6	0.49	0.96	0.89	0.9	0.46	0.94	0.92	0.85	0.87	0.84	0.96	0.93	0.84	0.96
Non Currrent Assets Other	0.6	0.86	0.83	-0.58	0.74	0.75	-0.78	0.19	0.71		-0.57	0.18	0.0	0.82	0.86	0.54	-0.06	0.48	0.65	0.84	0.62	0.86	0.77	0.73	0.56	0.8
Other Assets	-0.26	-0.61	-0.64	0.6	-0.48	-0.69	0.6	0.23	-0.41	-0.57		0.24	0.13	-0.59	-0.58	-0.15	0.17	-0.32	-0.63	-0.57	-0.57	-0.52	-0.6	-0.66	-0.29	-0.59
Cash And Short Term Investments	0.77	0.26	0.28	0.57	0.5	-0.28	-0.39	1.0	0.6	0.18	0.24		0.76	0.39	0.29	0.88	0.7	0.71	0.42	0.28	0.41	0.28	0.45	0.44	0.65	0.44
Net Receivables	0.61	0.05	0.13	0.73	0.38	-0.4	-0.27	0.77	0.49	0.0	0.13	0.76		0.25	0.07	0.65	0.91	0.55	0.46	0.0	0.44	0.0	0.39	0.47	0.67	0.31
Inventory	0.88	0.98	0.99	-0.39	0.98	0.74	-0.99	0.39	0.96	0.82	-0.59	0.39	0.25		0.98	0.78	0.22	0.86	0.92	0.95	0.86	0.94	0.98	0.93	0.74	0.99
Total Liab	0.79	1.0	0.99	-0.54	0.94	0.83	-0.96	0.3	0.89	0.86	-0.58	0.29	0.07	0.98		0.71	0.01	0.77	0.84	0.99	0.77	0.99	0.93	0.85	0.61	0.96
Total Current Assets	0.97	0.69	0.71	0.19	0.85	0.2	-0.78	0.88	0.9	0.54	-0.15	0.88	0.65	0.78	0.71		0.58	0.93	0.77	0.68	0.7	0.68	0.82	0.79	0.8	0.81
Intangible Assets	0.57	0.01	0.1	0.77	0.33	-0.43	-0.24	0.7	0.46	-0.06	0.17	0.7	0.91	0.22	0.01	0.58		0.53	0.38	-0.06	0.44	-0.08	0.31	0.38	0.68	0.23
Common Stock	0.96	0.76	0.81	0.06	0.91	0.35	-0.88	0.71	0.94	0.48	-0.32	0.71	0.55	0.86	0.77	0.93	0.53		0.87	0.75	0.81	0.71	0.88	0.85	0.78	0.87
Other Stockholder Equity	0.87	0.85	0.89	-0.19	0.94	0.58	-0.94	0.42	0.92	0.65	-0.63	0.42	0.46	0.92	0.84	0.77	0.38	0.87		0.8	0.89	0.78	0.98	0.99	0.78	0.95
Short Long Term Debt Total	0.76	0.99	0.97	-0.58	0.91	0.84	-0.94	0.28	0.85	0.84	-0.57	0.28	0.0	0.95	0.99	0.68	-0.06	0.75	0.8		0.72	0.99	0.9	0.81	0.55	0.94
Common Stock Shares Outstanding	0.81	0.77	0.83	-0.15	0.87	0.52	-0.89	0.42	0.87	0.62	-0.57	0.41	0.44	0.86	0.77	0.7	0.44	0.81	0.89	0.72		0.68	0.88	0.89	0.91	0.85
Non Current Liabilities Total	0.75	0.98	0.95	-0.58	0.9	0.84	-0.91	0.29	0.84	0.86	-0.52	0.28	0.0	0.94	0.99	0.68	-0.08	0.71	0.78	0.99	0.68		0.88	0.79	0.54	0.93
Other Current Assets	0.9	0.93	0.95	-0.28	0.98	0.66	-0.98	0.46	0.96	0.77	-0.6	0.45	0.39	0.98	0.93	0.82	0.31	0.88	0.98	0.9	0.88	0.88		0.98	0.78	0.99
Other Liab	0.87	0.85	0.9	-0.2	0.93	0.58	-0.94	0.45	0.93	0.73	-0.66	0.44	0.47	0.93	0.85	0.79	0.38	0.85	0.99	0.81	0.89	0.79	0.98		0.81	0.95
Net Tangible Assets	0.85	0.61	0.67	0.16	0.79	0.23	-0.76	0.65	0.84	0.56	-0.29	0.65	0.67	0.74	0.61	0.8	0.68	0.78	0.78	0.55	0.91	0.54	0.78	0.81		0.74
Accounts Payable	0.89	0.96	0.97	-0.35	0.98	0.7	-0.98	0.44	0.96	0.8	-0.59	0.44	0.31	0.99	0.96	0.81	0.23	0.87	0.95	0.94	0.85	0.93	0.99	0.95	0.74

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Mynaric AG Account Relationship Matchups

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

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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:

How To Invest In Mynaric

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Is Mynaric Stock a good investment?

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What is Mynaric AG's Net Worth?

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.

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Mynaric Net Debt vs Other Current Assets Analysis

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Current Assets

Mynaric AG fundamental ratios Correlations

Mynaric AG Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mynaric AG fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Other Current Liab
Short Long Term Debt Total	+ 0.99	Other Current Liab
Inventory	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities

Inventory	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Total Current Liabilities
Accounts Payable	- 0.98	Retained Earnings
Other Current Assets	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Property Plant And Equipment Net
Total Liab	- 0.96	Retained Earnings