Mercury Property Plant And Equipment Net vs Short Term Investments Analysis

MRCY Stock  USD 30.19  0.19  0.63%   
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 Property Plant And Equipment Net and its Short Term Investments 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 closely tied 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.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury Systems Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mercury Systems' Property Plant And Equipment Net and Short Term Investments is -0.01. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments 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' Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Mercury Systems are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Mercury Systems' Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

Short Term Investments is an item under the current assets section of Mercury Systems balance sheet. It contains any investments Mercury Systems undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mercury Systems can easily liquidate in the marketplace.
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 closely tied 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

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 Mercury Stock Analysis

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.