Mainz Other Current Liab vs Capital Stock Analysis

MYNZ Stock  USD 0.22  0.04  15.38%   
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 Other Current Liab and its Capital Stock 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.

Other Current Liab vs Capital Stock

Other Current Liab vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainz Biomed BV Other Current Liab account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mainz Biomed's Other Current Liab and Capital Stock is 0.9. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Capital Stock 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 Other Current Liab and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Mainz Biomed BV are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Other Current Liab i.e., Mainz Biomed's Other Current Liab and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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

0.650.940.760.940.770.93-0.83-0.850.830.960.650.720.960.80.40.20.890.940.790.990.770.630.980.870.73
0.650.790.850.360.840.5-0.14-0.850.830.430.860.390.430.820.510.750.860.690.980.570.840.860.480.930.0
0.940.790.820.80.850.78-0.66-0.890.840.850.740.510.850.880.480.370.980.830.890.910.850.720.870.90.54
0.760.850.820.560.990.6-0.29-0.990.990.610.990.50.610.980.480.630.850.750.880.71.00.980.650.90.14
0.940.360.80.560.570.93-0.96-0.670.651.00.420.721.00.620.25-0.070.710.860.540.970.580.40.990.650.9
0.770.840.850.990.570.58-0.32-0.990.980.630.980.440.630.990.530.570.880.730.880.721.00.970.660.890.17
0.930.50.780.60.930.58-0.86-0.70.710.940.490.90.940.60.150.150.690.970.640.940.60.470.950.760.81
-0.83-0.14-0.66-0.29-0.96-0.32-0.860.43-0.41-0.94-0.15-0.64-0.94-0.38-0.130.29-0.54-0.73-0.33-0.88-0.32-0.12-0.92-0.45-0.99
-0.85-0.85-0.89-0.99-0.67-0.99-0.70.43-0.99-0.72-0.95-0.57-0.72-0.98-0.49-0.56-0.91-0.83-0.91-0.8-0.99-0.94-0.75-0.94-0.28
0.830.830.840.990.650.980.71-0.41-0.990.70.960.620.70.960.440.580.860.840.880.780.980.950.740.920.27
0.960.430.850.611.00.630.94-0.94-0.720.70.490.731.00.670.270.00.760.880.60.980.630.461.00.710.87
0.650.860.740.990.420.980.49-0.15-0.950.960.490.420.490.950.490.690.80.660.860.590.981.00.530.86-0.01
0.720.390.510.50.720.440.9-0.64-0.570.620.730.420.730.41-0.140.290.420.890.490.710.470.420.740.620.61
0.960.430.850.611.00.630.94-0.94-0.720.71.00.490.730.670.270.00.760.880.60.980.630.461.00.710.87
0.80.820.880.980.620.990.6-0.38-0.980.960.670.950.410.670.560.50.910.720.870.760.990.940.70.880.23
0.40.510.480.480.250.530.15-0.13-0.490.440.270.49-0.140.270.56-0.070.620.250.540.380.510.470.290.510.02
0.20.750.370.63-0.070.570.150.29-0.560.580.00.690.290.00.5-0.070.40.360.640.110.590.710.050.58-0.38
0.890.860.980.850.710.880.69-0.54-0.910.860.760.80.420.760.910.620.40.790.940.850.880.780.790.930.41
0.940.690.830.750.860.730.97-0.73-0.830.840.880.660.890.880.720.250.360.790.790.920.740.650.910.890.64
0.790.980.890.880.540.880.64-0.33-0.910.880.60.860.490.60.870.540.640.940.790.730.880.850.650.980.2
0.990.570.910.70.970.720.94-0.88-0.80.780.980.590.710.980.760.380.110.850.920.730.720.560.990.810.79
0.770.840.851.00.581.00.6-0.32-0.990.980.630.980.470.630.990.510.590.880.740.880.720.970.670.90.17
0.630.860.720.980.40.970.47-0.12-0.940.950.461.00.420.460.940.470.710.780.650.850.560.970.50.85-0.04
0.980.480.870.650.990.660.95-0.92-0.750.741.00.530.741.00.70.290.050.790.910.650.990.670.50.750.85
0.870.930.90.90.650.890.76-0.45-0.940.920.710.860.620.710.880.510.580.930.890.980.810.90.850.750.32
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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When running Mainz Biomed's price analysis, check to measure Mainz Biomed's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mainz Biomed is operating at the current time. Most of Mainz Biomed's value examination focuses on studying past and present price action to predict the probability of Mainz Biomed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainz Biomed's price. Additionally, you may evaluate how the addition of Mainz Biomed to your portfolios can decrease your overall portfolio volatility.