Miller Cost Of Revenue vs Total Revenue Analysis
MLR Stock | USD 49.08 0.08 0.16% |
Miller Industries financial indicator trend analysis is infinitely more than just investigating Miller Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Miller Industries is a good investment. Please check the relationship between Miller Industries Cost Of Revenue and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.
Cost Of Revenue vs Total Revenue
Cost Of Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miller Industries Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Miller Industries' Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Miller Industries, assuming nothing else is changed. The correlation between historical values of Miller Industries' Cost Of Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Miller Industries are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., Miller Industries' Cost Of Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Miller Industries income statement and represents the costs associated with goods and services Miller Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Revenue
Total revenue comprises all receipts Miller Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Miller Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Miller Industries 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 Miller Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.At this time, Miller Industries' Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value Multiple is likely to grow to 8.50, while Selling General Administrative is likely to drop slightly above 1.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 3.4M | 6.0M | 4.3M | Depreciation And Amortization | 11.0M | 11.8M | 13.2M | 7.2M |
Miller Industries fundamental ratios Correlations
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Miller Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Miller Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 392.0M | 398.4M | 438.8M | 501.4M | 654.1M | 686.8M | |
Short Long Term Debt Total | 7.1M | 1.5M | 1.2M | 45.9M | 60.8M | 63.9M | |
Other Current Liab | 27.5M | 24.5M | 24.6M | 30.1M | 36.5M | 22.3M | |
Total Current Liabilities | 124.3M | 110.7M | 144.3M | 156.1M | 234.7M | 246.4M | |
Total Stockholder Equity | 257.9M | 282.5M | 288.5M | 293.5M | 347.9M | 365.3M | |
Property Plant And Equipment Net | 92.4M | 100.1M | 97.7M | 113.1M | 115.9M | 121.7M | |
Net Debt | (19.0M) | (56.0M) | (53.1M) | 5.8M | 30.9M | 32.5M | |
Retained Earnings | 112.3M | 133.9M | 141.9M | 150.1M | 200.2M | 210.2M | |
Accounts Payable | 95.8M | 85.5M | 119.0M | 125.5M | 191.8M | 201.4M | |
Cash | 26.1M | 57.5M | 54.3M | 40.2M | 29.9M | 27.4M | |
Non Current Assets Total | 104.5M | 112.1M | 109.9M | 125.4M | 143.6M | 82.4M | |
Non Currrent Assets Other | 521K | 434K | 533K | (5.5M) | 819K | 778.1K | |
Cash And Short Term Investments | 26.1M | 57.5M | 54.3M | 40.2M | 29.9M | 25.8M | |
Net Receivables | 168.6M | 141.6M | 154.0M | 177.7M | 286.1M | 300.4M | |
Common Stock Shares Outstanding | 11.4M | 11.4M | 11.4M | 11.4M | 11.5M | 11.5M | |
Liabilities And Stockholders Equity | 392.0M | 398.4M | 438.8M | 501.4M | 654.1M | 686.8M | |
Non Current Liabilities Total | 9.8M | 5.3M | 6.0M | 51.8M | 71.5M | 75.0M | |
Inventory | 88.0M | 83.9M | 114.9M | 153.7M | 189.8M | 199.3M | |
Other Current Assets | 4.8M | 3.2M | 5.8M | (35.6M) | 4.6M | 8.0M | |
Other Stockholder Equity | 151.1M | 151.2M | 151.4M | 152.4M | 153.6M | 156.9M | |
Total Liab | 134.0M | 116.0M | 150.3M | 208.0M | 306.2M | 321.5M | |
Property Plant And Equipment Gross | 92.4M | 100.1M | 97.7M | 113.1M | 218.4M | 229.3M | |
Total Current Assets | 287.5M | 286.3M | 329.0M | 376.0M | 510.5M | 536.0M | |
Accumulated Other Comprehensive Income | (5.5M) | (2.8M) | (4.9M) | (9.2M) | (5.9M) | (6.2M) | |
Short Term Debt | 719K | 375K | 376K | 311K | 320K | 304K | |
Other Assets | 521K | 1.9M | 533K | 708K | 637.2K | 605.3K | |
Long Term Debt | 10.2M | 15.5M | 5.0M | 45M | 60M | 63M | |
Property Plant Equipment | 90.7M | 98.6M | 96.5M | 112.1M | 129.0M | 135.4M | |
Other Liab | 3.4M | 4.1M | 5.2M | 6.2M | 7.2M | 4.0M | |
Net Tangible Assets | 246.3M | 270.8M | 276.9M | 281.8M | 324.1M | 221.2M | |
Retained Earnings Total Equity | 112.3M | 133.9M | 141.9M | 150.1M | 172.6M | 181.3M | |
Capital Surpluse | 151.1M | 151.2M | 151.4M | 152.4M | 175.3M | 165.3M | |
Deferred Long Term Liab | 3.4M | 4.1M | 5.2M | 6.2M | 7.2M | 7.5M | |
Long Term Debt Total | 5.0M | 15K | 0.0 | 45M | 51.8M | 54.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Miller Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Miller Industries' short interest history, or implied volatility extrapolated from Miller Industries options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Miller Stock, please use our How to Invest in Miller Industries guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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Is Miller Industries' 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 Miller Industries. If investors know Miller 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 Miller Industries 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 0.793 | Dividend Share 0.72 | Earnings Share 5.07 | Revenue Per Share 100.827 | Quarterly Revenue Growth 0.312 |
The market value of Miller Industries is measured differently than its book value, which is the value of Miller that is recorded on the company's balance sheet. Investors also form their own opinion of Miller Industries' value that differs from its market value or its book value, called intrinsic value, which is Miller Industries' 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 Miller Industries' market value can be influenced by many factors that don't directly affect Miller Industries' 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 Miller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Miller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miller Industries' 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.