Mainz Short Long Term Debt Total vs Total Liab 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 Short Long Term Debt Total and its Total Liab 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.

Short Long Term Debt Total vs Total Liab

Short Long Term Debt Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainz Biomed BV Short Long Term Debt Total account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mainz Biomed's Short Long Term Debt Total and Total Liab is 0.98. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Liab 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 Short Long Term Debt Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Mainz Biomed BV are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Long Term Debt Total i.e., Mainz Biomed's Short Long Term Debt Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
Click cells to compare fundamentals

Mainz Biomed Account Relationship Matchups

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.

Additional Tools for Mainz Stock Analysis

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.