Mercury Gross Profit vs Total Operating Expenses Analysis

MRCY Stock  USD 31.56  0.33  1.06%   
Mercury Systems financial indicator trend analysis is infinitely more than just investigating Mercury Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury Systems is a good investment. Please check the relationship between Mercury Systems Gross Profit and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury Systems Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mercury Systems' Gross Profit and Total Operating Expenses is 0.81. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Mercury Systems, assuming nothing else is changed. The correlation between historical values of Mercury Systems' Gross Profit 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 Gross Profit of Mercury Systems 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 Gross Profit i.e., Mercury Systems' Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Mercury Systems minus its cost of goods sold. It is profit before Mercury Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Mercury Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercury Systems 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 Mercury Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.At this time, Mercury Systems' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.29 in 2024, whereas Discontinued Operations is likely to drop (4.9 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit395.0M316.7M364.2M182.5M
Total Revenue988.2M973.9M1.1B1.2B

Mercury Systems fundamental ratios Correlations

0.180.980.980.970.80.980.960.241.0-0.250.290.970.770.920.990.260.130.950.970.990.830.74-0.090.140.74
0.180.020.290.24-0.220.290.00.510.22-0.090.48-0.010.48-0.060.030.030.96-0.040.240.1-0.230.48-0.14-0.020.48
0.980.020.940.950.860.950.990.130.97-0.230.190.990.690.951.00.28-0.030.970.950.990.890.66-0.070.140.66
0.980.290.940.950.670.980.910.390.98-0.250.430.920.810.830.950.210.270.870.950.970.720.8-0.120.120.8
0.970.240.950.950.770.990.920.190.97-0.190.230.940.760.890.960.330.190.911.00.950.780.7-0.010.060.7
0.8-0.220.860.670.770.730.88-0.350.8-0.12-0.30.890.440.960.850.35-0.320.950.770.780.940.380.020.220.38
0.980.290.950.980.990.730.920.290.98-0.260.340.940.80.870.960.30.240.90.990.970.770.76-0.10.070.76
0.960.00.990.910.920.880.920.070.95-0.180.130.990.650.960.980.31-0.060.980.920.970.910.62-0.030.130.62
0.240.510.130.390.19-0.350.290.070.21-0.270.990.070.41-0.10.14-0.160.59-0.040.190.27-0.220.47-0.19-0.280.47
1.00.220.970.980.970.80.980.950.21-0.240.260.960.790.920.980.250.170.940.970.980.820.76-0.10.170.76
-0.25-0.09-0.23-0.25-0.19-0.12-0.26-0.18-0.27-0.24-0.28-0.2-0.32-0.2-0.21-0.26-0.09-0.21-0.19-0.25-0.32-0.430.890.03-0.43
0.290.480.190.430.23-0.30.340.130.990.26-0.280.120.4-0.040.19-0.170.560.010.230.33-0.170.46-0.19-0.260.46
0.97-0.010.990.920.940.890.940.990.070.96-0.20.120.670.970.990.33-0.070.980.940.980.920.63-0.040.140.63
0.770.480.690.810.760.440.80.650.410.79-0.320.40.670.60.70.290.460.630.760.730.480.98-0.280.210.98
0.92-0.060.950.830.890.960.870.96-0.10.92-0.2-0.040.970.60.950.34-0.141.00.890.910.940.55-0.040.150.55
0.990.031.00.950.960.850.960.980.140.98-0.210.190.990.70.950.28-0.020.970.960.990.880.67-0.040.150.67
0.260.030.280.210.330.350.30.31-0.160.25-0.26-0.170.330.290.340.28-0.010.320.330.280.430.22-0.13-0.330.22
0.130.96-0.030.270.19-0.320.24-0.060.590.17-0.090.56-0.070.46-0.14-0.02-0.01-0.110.190.06-0.310.48-0.15-0.110.48
0.95-0.040.970.870.910.950.90.98-0.040.94-0.210.010.980.631.00.970.32-0.110.910.940.940.58-0.040.150.58
0.970.240.950.951.00.770.990.920.190.97-0.190.230.940.760.890.960.330.190.910.950.780.7-0.010.060.7
0.990.10.990.970.950.780.970.970.270.98-0.250.330.980.730.910.990.280.060.940.950.830.71-0.080.080.71
0.83-0.230.890.720.780.940.770.91-0.220.82-0.32-0.170.920.480.940.880.43-0.310.940.780.830.46-0.20.20.46
0.740.480.660.80.70.380.760.620.470.76-0.430.460.630.980.550.670.220.480.580.70.710.46-0.410.231.0
-0.09-0.14-0.07-0.12-0.010.02-0.1-0.03-0.19-0.10.89-0.19-0.04-0.28-0.04-0.04-0.13-0.15-0.04-0.01-0.08-0.2-0.41-0.27-0.41
0.14-0.020.140.120.060.220.070.13-0.280.170.03-0.260.140.210.150.15-0.33-0.110.150.060.080.20.23-0.270.23
0.740.480.660.80.70.380.760.620.470.76-0.430.460.630.980.550.670.220.480.580.70.710.461.0-0.410.23
Click cells to compare fundamentals

Mercury Systems Account Relationship Matchups

Mercury Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.0B2.3B2.4B2.8B2.9B
Other Current Liab58.1M54.7M68.5M7.4M8.5M8.1M
Total Current Liabilities125.9M150.8M193.9M233.3M268.3M281.7M
Total Stockholder Equity1.4B1.5B1.5B1.6B1.8B1.9B
Property Plant And Equipment Net148.4M194.9M193.6M182.6M210.0M220.5M
Net Debt(159.9M)157.7M455.7M506.7M582.7M611.9M
Retained Earnings312.5M374.5M385.8M357.4M411.1M431.6M
Accounts Payable41.9M48.0M98.7M104.0M119.6M125.6M
Cash226.8M113.8M65.7M71.6M82.3M79.1M
Non Current Assets Total976.0M1.3B1.5B1.5B1.7B1.8B
Non Currrent Assets Other4.8M4.7M6.2M5.0M4.5M4.3M
Cash And Short Term Investments226.8M113.8M65.7M71.6M82.3M107.8M
Net Receivables210.7M291.7M447.9M507.3M583.4M612.5M
Common Stock Shares Outstanding55.1M55.5M55.9M56.6M65.0M35.4M
Liabilities And Stockholders Equity1.6B2.0B2.3B2.4B2.8B2.9B
Non Current Liabilities Total100.0M320.2M572.4M591.4M680.1M714.1M
Inventory178.1M221.6M270.3M337.2M387.8M407.2M
Other Current Assets19.1M15.9M30.5M21.0M24.1M14.5M
Other Stockholder Equity1.1B1.1B1.1B63K72.5K68.8K
Total Liab225.9M471.0M766.3M824.7M948.4M995.8M
Property Plant And Equipment Gross148.4M194.9M193.6M182.6M210.0M220.5M
Total Current Assets634.8M643.1M814.3M937.0M1.1B1.1B
Accumulated Other Comprehensive Income(2.9M)(339K)5.5M11.8M13.6M14.3M
Common Stock Total Equity547K552K557K570K655.5K357.5K
Common Stock547K552K557K570K655.5K357.5K
Other Assets4.8M4.7M6.2M35.6M41.0M43.0M
Property Plant Equipment148.4M194.9M193.6M119.6M137.5M144.4M
Other Liab33.0M48.7M51.0M13.1M15.1M15.8M
Current Deferred Revenue19.0M38.2M15.5M56.6M65.0M68.3M
Good Will614.1M804.9M937.9M938.1M1.1B1.1B
Intangible Assets208.7M307.6M351.5M298.1M342.8M359.9M
Net Tangible Assets562.0M371.7M247.8M330.5M380.1M282.6M
Deferred Long Term Liab13.6M17.8M28.8M32.4M37.3M39.1M
Non Current Liabilities Other15.0M12.4M10.4M8.0M9.1M10.1M

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When determining whether Mercury Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercury Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mercury Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercury Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.
Note that the Mercury Systems information on this page should be used as a complementary analysis to other Mercury Systems' 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Mercury Systems' price analysis, check to measure Mercury Systems' 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 Mercury Systems is operating at the current time. Most of Mercury Systems' value examination focuses on studying past and present price action to predict the probability of Mercury Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury Systems' price. Additionally, you may evaluate how the addition of Mercury Systems to your portfolios can decrease your overall portfolio volatility.
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Is Mercury Systems' 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 Mercury Systems. If investors know Mercury 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 Mercury Systems 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
(0.35)
Earnings Share
(2.34)
Revenue Per Share
14.615
Quarterly Revenue Growth
0.154
Return On Assets
(0.03)
The market value of Mercury Systems is measured differently than its book value, which is the value of Mercury that is recorded on the company's balance sheet. Investors also form their own opinion of Mercury Systems' value that differs from its market value or its book value, called intrinsic value, which is Mercury Systems' 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 Mercury Systems' market value can be influenced by many factors that don't directly affect Mercury Systems' 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 Mercury Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercury Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercury Systems' 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.