Mynaric Net Income vs Net Income Per Share Analysis

MYNA Stock  USD 1.39  0.02  1.46%   
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 Income and its Net Income Per Share 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 Income vs Net Income Per Share

Net Income vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mynaric AG ADR Net Income account and Net Income Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mynaric AG's Net Income and Net Income Per Share is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per Share 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 Income and Net Income Per Share 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 Mynaric AG ADR are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Net Income i.e., Mynaric AG's Net Income and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Mynaric AG ADR financial statement analysis. It represents the amount of money remaining after all of Mynaric AG ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Per Share

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 Revenue2.4M4.4M5.4M5.7M
Depreciation And Amortization4.5M6.5M7.1M7.5M

Mynaric AG fundamental ratios Correlations

0.780.810.080.940.34-0.880.770.970.6-0.260.770.960.880.790.970.570.960.870.760.810.750.90.870.850.89
0.780.99-0.560.940.85-0.960.260.880.86-0.610.260.770.981.00.690.010.760.850.990.770.980.930.850.610.96
0.810.99-0.50.960.82-0.990.280.910.83-0.640.280.790.990.990.710.10.810.890.970.830.950.950.90.670.97
0.08-0.56-0.5-0.25-0.890.370.57-0.12-0.580.60.570.04-0.39-0.540.190.770.06-0.19-0.58-0.15-0.58-0.28-0.20.16-0.35
0.940.940.96-0.250.65-0.980.50.990.74-0.480.50.910.980.940.850.330.910.940.910.870.90.980.930.790.98
0.340.850.82-0.890.65-0.73-0.280.540.75-0.69-0.280.370.740.830.2-0.430.350.580.840.520.840.660.580.230.7
-0.88-0.96-0.990.37-0.98-0.73-0.39-0.96-0.780.6-0.39-0.86-0.99-0.96-0.78-0.24-0.88-0.94-0.94-0.89-0.91-0.98-0.94-0.76-0.98
0.770.260.280.570.5-0.28-0.390.60.190.231.00.720.390.30.880.70.710.420.280.420.290.460.450.650.44
0.970.880.91-0.120.990.54-0.960.60.71-0.410.60.940.960.890.90.460.940.920.850.870.840.960.930.840.96
0.60.860.83-0.580.740.75-0.780.190.71-0.570.180.650.820.860.54-0.060.480.650.840.620.860.770.730.560.8
-0.26-0.61-0.640.6-0.48-0.690.60.23-0.41-0.570.24-0.32-0.59-0.58-0.150.17-0.32-0.63-0.57-0.57-0.52-0.6-0.66-0.29-0.59
0.770.260.280.570.5-0.28-0.391.00.60.180.240.720.390.290.880.70.710.420.280.410.280.450.440.650.44
0.960.770.790.040.910.37-0.860.720.940.65-0.320.720.860.790.930.520.890.880.750.790.760.910.90.830.9
0.880.980.99-0.390.980.74-0.990.390.960.82-0.590.390.860.980.780.220.860.920.950.860.940.980.930.740.99
0.791.00.99-0.540.940.83-0.960.30.890.86-0.580.290.790.980.710.010.770.840.990.770.990.930.850.610.96
0.970.690.710.190.850.2-0.780.880.90.54-0.150.880.930.780.710.580.930.770.680.70.680.820.790.80.81
0.570.010.10.770.33-0.43-0.240.70.46-0.060.170.70.520.220.010.580.530.38-0.060.44-0.080.310.380.680.23
0.960.760.810.060.910.35-0.880.710.940.48-0.320.710.890.860.770.930.530.870.750.810.710.880.850.780.87
0.870.850.89-0.190.940.58-0.940.420.920.65-0.630.420.880.920.840.770.380.870.80.890.780.980.990.780.95
0.760.990.97-0.580.910.84-0.940.280.850.84-0.570.280.750.950.990.68-0.060.750.80.720.990.90.810.550.94
0.810.770.83-0.150.870.52-0.890.420.870.62-0.570.410.790.860.770.70.440.810.890.720.680.880.890.910.85
0.750.980.95-0.580.90.84-0.910.290.840.86-0.520.280.760.940.990.68-0.080.710.780.990.680.880.790.540.93
0.90.930.95-0.280.980.66-0.980.460.960.77-0.60.450.910.980.930.820.310.880.980.90.880.880.980.780.99
0.870.850.9-0.20.930.58-0.940.450.930.73-0.660.440.90.930.850.790.380.850.990.810.890.790.980.810.95
0.850.610.670.160.790.23-0.760.650.840.56-0.290.650.830.740.610.80.680.780.780.550.910.540.780.810.74
0.890.960.97-0.350.980.7-0.980.440.960.8-0.590.440.90.990.960.810.230.870.950.940.850.930.990.950.74
Click cells to compare fundamentals

Mynaric AG Account Relationship Matchups

Mynaric AG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.6M91.5M111.7M83.9M119.1M125.0M
Other Current Liab2.6M6.0M7.7M22.7M58.5M61.5M
Total Current Liabilities3.8M8.9M13.7M43.2M74.9M78.6M
Total Stockholder Equity21.7M70.7M84.9M27.8M(49.3M)(46.8M)
Property Plant And Equipment Net10.7M18.0M25.6M31.1M49.1M51.6M
Net Debt(2.2M)(35.2M)(39.1M)11.8M64.1M67.3M
Retained Earnings(27.5M)(47.3M)(92.8M)(166.5M)(260.1M)(247.1M)
Cash8.9M43.2M48.1M10.2M24.0M17.7M
Non Current Assets Total10.7M41.2M49.6M53.5M75.0M78.7M
Non Currrent Assets Other(10.7M)359K411K449K14.3M15.0M
Other Assets75.7K8.9M18.2M(11.4M)(10.2M)(9.7M)
Cash And Short Term Investments9.7M43.2M48.1M10.4M24.0M17.9M
Net Receivables315K1.2M2.2M1.1M2.0M2.1M
Inventory1.3M5.3M8.5M13.3M22.7M23.8M
Total Liab9.8M20.8M26.8M56.1M168.4M176.8M
Total Current Assets11.9M50.3M62.1M30.4M55.4M58.2M
Intangible Assets85K17.9M20.0M18.1M263K249.9K
Common Stock2.9M4.0M5.2M5.7M6.2M6.5M
Liabilities And Stockholders Equity34.5M91.5M111.7M83.9M119.1M125.0M
Other Stockholder Equity46.4M1.0172.6M189.3M204.0M214.2M
Common Stock Shares Outstanding2.9M3.3M4.3M5.4M6.0M4.0M
Non Current Liabilities Total6.1M11.9M13.1M12.9M104.8M110.1M
Other Current Assets987K1.3M5.5M5.7M8.5M8.9M
Accumulated Other Comprehensive Income(53K)5.8M(184K)(595K)531K504.5K
Other Liab25.7K104K172K2.0M2.3M2.4M
Net Tangible Assets17.8M21.7M70.6M84.5M97.2M49.1M
Accounts Payable1.2M1.7M4.4M4.2M7.6M8.0M
Net Invested Capital24.9M70.7M84.9M27.8M13.5M12.8M
Net Working Capital10.0M41.4M48.3M(12.8M)(19.4M)(18.5M)
Property Plant Equipment2.5M10.7M18.0M25.6M29.4M30.9M
Short Term Investments782K77K48K172K154.8K147.1K
Capital Stock2.9M4.1M5.2M5.7M6.2M4.9M

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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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
(4.05)
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.