Miller Net Income From Continuing Ops vs Total Operating Expenses 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 Net Income From Continuing Ops and its Total Operating Expenses 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.
Net Income From Continuing Ops vs Total Operating Expenses
Net Income From Continuing Ops vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miller Industries Net Income From Continuing Ops account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Miller Industries' Net Income From Continuing Ops and Total Operating Expenses is 0.64. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Operating Expenses 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' Net Income From Continuing Ops and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Miller Industries are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Miller Industries' Net Income From Continuing Ops and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income From Continuing Ops
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 04/26/2024, 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
Click cells to compare fundamentals
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 |
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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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.