Mainz Common Stock vs Short Long Term Debt Analysis

MYNZ Stock  USD 0.23  0.02  9.52%   
Mainz Biomed financial indicator trend analysis is infinitely more than just investigating Mainz Biomed BV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mainz Biomed BV is a good investment. Please check the relationship between Mainz Biomed Common Stock and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainz Biomed BV. 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.

Common Stock vs Short Long Term Debt

Common Stock vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainz Biomed BV Common Stock account and Short Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mainz Biomed's Common Stock and Short Long Term Debt is 0.85. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Mainz Biomed BV, assuming nothing else is changed. The correlation between historical values of Mainz Biomed's Common Stock and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Mainz Biomed BV are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Common Stock i.e., Mainz Biomed's Common Stock and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Mainz Biomed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mainz Biomed BV 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 Mainz Biomed BV. 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.
Issuance Of Capital Stock is likely to rise to about 9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense339.2K289.3K809.6K419.9K
Depreciation And Amortization209.9K459.4K1.0M1.1M

Mainz Biomed fundamental ratios Correlations

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0.730.00.540.140.90.170.81-0.99-0.280.270.87-0.010.610.870.230.02-0.380.410.640.20.790.17-0.040.850.32
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Mainz Biomed Account Relationship Matchups

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