Mistras Accounts Payable vs Common Stock Total Equity Analysis
MG Stock | USD 8.63 0.15 1.71% |
Mistras financial indicator trend analysis is infinitely more than just investigating Mistras Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mistras Group is a good investment. Please check the relationship between Mistras Accounts Payable and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Accounts Payable vs Common Stock Total Equity
Accounts Payable vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mistras Group Accounts Payable account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mistras' Accounts Payable and Common Stock Total Equity is 0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Mistras Group, assuming nothing else is changed. The correlation between historical values of Mistras' Accounts Payable and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Mistras Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Accounts Payable i.e., Mistras' Accounts Payable and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Mistras obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mistras Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Mistras' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mistras Group 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 Mistras Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, Mistras' Enterprise Value Over EBITDA is most likely to slightly decrease in the upcoming years. The Mistras' current Enterprise Value Multiple is estimated to increase to 11.30, while Selling General Administrative is projected to decrease to roughly 121.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.9M | 10.5M | 16.8M | 17.6M | Depreciation And Amortization | 15.1M | 9.7M | 39.3M | 41.2M |
Mistras fundamental ratios Correlations
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Mistras Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mistras fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 719.9M | 583.3M | 562.2M | 534.9M | 534.8M | 464.9M | |
Short Long Term Debt Total | 271.9M | 235.1M | 216.1M | 205.5M | 245.7M | 152.0M | |
Other Current Liab | 77.6M | 74.6M | 78.4M | 72.0M | 67.6M | 56.0M | |
Total Current Liabilities | 109.2M | 109.8M | 121.4M | 103.7M | 116.5M | 88.6M | |
Total Stockholder Equity | 285.8M | 197.0M | 200.7M | 198.5M | 190.2M | 202.9M | |
Other Liab | 26.7M | 17.9M | 8.4M | 10.5M | 12.1M | 15.5M | |
Property Plant And Equipment Net | 98.6M | 92.7M | 86.6M | 77.6M | 118.5M | 80.6M | |
Net Debt | 256.9M | 209.3M | 192.0M | 185.0M | 228.1M | 134.7M | |
Retained Earnings | 77.6M | (21.8M) | (18.0M) | (11.5M) | (28.9M) | (27.5M) | |
Accounts Payable | 15.0M | 14.2M | 12.9M | 12.5M | 17.0M | 11.4M | |
Cash | 15.0M | 25.8M | 24.1M | 20.5M | 17.6M | 17.2M | |
Non Current Assets Total | 540.7M | 420.7M | 400.9M | 367.0M | 354.4M | 318.5M | |
Non Currrent Assets Other | 48.4M | 51.3M | 47.3M | 40.0M | (41.7M) | (39.6M) | |
Other Assets | 4.4M | 53.4M | 49.5M | 40.8M | 46.9M | 49.3M | |
Long Term Debt | 248.1M | 209.5M | 182.4M | 183.8M | 181.5M | 130.2M | |
Cash And Short Term Investments | 15.0M | 25.8M | 24.1M | 20.5M | 17.6M | 17.2M | |
Net Receivables | 136.0M | 107.6M | 109.5M | 123.7M | 132.8M | 115.0M | |
Good Will | 282.4M | 206.0M | 205.4M | 199.6M | 187.4M | 159.3M | |
Common Stock Total Equity | 289K | 292K | 295K | 298K | 342.7K | 274.7K | |
Common Stock Shares Outstanding | 29.0M | 29.1M | 30.1M | 30.2M | 30.3M | 29.9M | |
Liabilities And Stockholders Equity | 719.9M | 583.3M | 562.2M | 534.9M | 534.8M | 464.9M | |
Non Current Liabilities Total | 324.6M | 276.2M | 239.9M | 232.4M | 227.8M | 182.8M | |
Inventory | 13.4M | 13.1M | 12.7M | 13.6M | 15.3M | 12.8M | |
Other Current Assets | 14.7M | 16.1M | 15.0M | 10.2M | 14.6M | 11.9M | |
Other Stockholder Equity | 229.2M | 234.6M | 238.7M | 243.0M | 247.2M | 153.1M | |
Total Liab | 433.9M | 386.1M | 361.3M | 336.2M | 344.3M | 261.8M | |
Property Plant And Equipment Gross | 98.6M | 92.7M | 294.3M | 296.7M | 319.8M | 335.7M | |
Total Current Assets | 179.2M | 162.6M | 161.3M | 167.9M | 180.4M | 158.6M | |
Accumulated Other Comprehensive Income | (21.3M) | (16.1M) | (20.3M) | (33.4M) | (28.3M) | (26.9M) | |
Short Term Debt | 10.7M | 14.4M | 23.9M | 11.6M | 24.7M | 16.5M | |
Intangible Assets | 109.5M | 68.6M | 59.4M | 49.0M | 44.0M | 53.6M | |
Common Stock | 289K | 292K | 295K | 298K | 305K | 278.2K | |
Property Plant Equipment | 98.6M | 139.4M | 86.6M | 77.6M | 89.2M | 80.7M | |
Net Tangible Assets | (106.1M) | (77.6M) | (64.1M) | 198.5M | 178.6M | 187.5M | |
Current Deferred Revenue | 5.9M | 6.5M | 6.2M | 7.5M | 7.1M | 5.5M | |
Noncontrolling Interest In Consolidated Entity | 200K | 198K | 229K | 299K | 343.9K | 234.5K | |
Retained Earnings Total Equity | 77.6M | (21.8M) | (18.0M) | (11.5M) | (10.3M) | (9.8M) | |
Long Term Debt Total | 248.1M | 209.5M | 192.2M | 193.9M | 223.0M | 164.0M | |
Capital Surpluse | 229.2M | 234.6M | 238.7M | 243.0M | 279.5M | 240.1M | |
Capital Lease Obligations | 27.3M | 25.2M | 23.6M | 14.2M | 27.1M | 17.9M |
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When determining whether Mistras Group is a strong investment it is important to analyze Mistras' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mistras' future performance. For an informed investment choice regarding Mistras Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Mistras Group information on this page should be used as a complementary analysis to other Mistras' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Mistras' price analysis, check to measure Mistras' 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 Mistras is operating at the current time. Most of Mistras' value examination focuses on studying past and present price action to predict the probability of Mistras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mistras' price. Additionally, you may evaluate how the addition of Mistras to your portfolios can decrease your overall portfolio volatility.
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Is Mistras' industry 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 Mistras. If investors know Mistras 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 Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (0.38) | Revenue Per Share 23.673 | Quarterly Revenue Growth 0.098 | Return On Assets 0.0374 |
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' 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 Mistras' market value can be influenced by many factors that don't directly affect Mistras' 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 Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' 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.