Manitex International Financials

MNTX Stock  USD 5.73  0.01  0.17%   
Based on the analysis of Manitex International's profitability, liquidity, and operating efficiency, Manitex International is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Manitex International's Other Stockholder Equity is fairly stable compared to the past year. Property Plant Equipment is likely to rise to about 62.4 M in 2024, whereas Total Assets are likely to drop slightly above 173.9 M in 2024. Key indicators impacting Manitex International's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.331.5688
Way Up
Pretty Stable
The financial analysis of Manitex International is a critical element in measuring its lifeblood. Investors should not minimize Manitex International's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

7.72 Million

  
Understanding current and past Manitex International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Manitex International's financial statements are interrelated, with each one affecting the others. For example, an increase in Manitex International's assets may result in an increase in income on the income statement.

Manitex International Earnings Geography

Please note, the imprecision that can be found in Manitex International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Manitex International. Check Manitex International's Beneish M Score to see the likelihood of Manitex International's management manipulating its earnings.

Manitex International Stock Summary

Manitex International competes with Astec Industries, Hyster Yale, Shyft, Rev, and Terex. Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois. Manitex Intl operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 514 people.
Specialization
Industrials, Farm & Heavy Construction Machinery
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS5634201082
CUSIP563420108 92342X101
LocationIllinois; U.S.A
Business Address9725 Industrial Drive,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.manitexinternational.com
Phone708 430 7500
CurrencyUSD - US Dollar

Manitex International Key Financial Ratios

Manitex International Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets195.4M173.6M179.8M236.6M255.7M173.9M
Other Current Liab9.6M15.6M11.0M12.0M9.1M4.9M
Other Liab7.6M6.8M6.0M11.2M12.8M12.2M
Accounts Payable30.0M32.4M44.1M45.7M47.6M27.3M
Cash23.4M17.2M21.4M8.0M9.3M7.2M
Other Assets696K1.4M1.3M452K519.8K493.8K
Long Term Debt19.4M26.2M22.8M63.7M66.0M46.0M
Inventory58.7M56.1M65.0M69.8M82.3M52.2M
Other Current Assets4.8M2.5M2.7M4.1M4.3M2.3M
Total Liab115.9M104.7M117.0M168.6M176.0M111.4M
Intangible Assets17.0M15.7M11.9M14.4M12.2M11.6M
Net Debt43.7M34.2M27.6M88.0M93.1M60.4M
Retained Earnings(50.3M)(63.9M)(68.4M)(73.3M)(66.0M)(62.7M)
Net Receivables36.3M30.6M32.6M45.6M49.7M35.6M
Total Current Assets123.4M106.3M121.5M127.5M145.6M100.5M
Short Term Debt26.9M19.5M21.3M27.2M30.9M16.6M
Common Stock130.7M131.5M132.2M133.3M134.3M81.9M
Good Will32.6M27.5M24.9M36.9M37.4M34.5M
Net Tangible Assets29.9M25.8M25.9M7.1M8.2M13.7M
Long Term Debt Total19.4M26.2M22.8M63.7M57.4M45.8M
Capital Surpluse2.8M3.0M3.3M4.3M4.9M2.7M

Manitex International Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense4.6M3.6M2.1M4.6M7.8M4.3M
Total Revenue224.8M167.5M211.5M273.9M291.4M179.5M
Gross Profit40.5M30.9M32.9M50.0M62.4M33.1M
Operating Income(2.3M)(1.1M)(2.3M)(4.6M)15.8M16.6M
Ebit2.2M(8.4M)(1.3M)2.5M13.2M13.9M
Research Development2.7M3.2M3.3M3.0M3.4M2.5M
Ebitda2.4M(4.2M)3.1M11.9M24.7M25.9M
Cost Of Revenue184.3M136.6M178.6M223.8M229.0M146.4M
Income Before Tax(5.7M)(12.0M)(3.4M)(2.2M)5.5M5.7M
Net Income(8.5M)(12.7M)(4.6M)(4.3M)7.4M7.7M
Income Tax Expense2.8M674K1.2M2.1M(2.4M)(2.3M)
Tax Provision2.8M674K1.2M2.1M2.5M2.6M
Interest Income229K97K43K2K140K133K
Net Interest Income(4.4M)(3.5M)(2.0M)(4.6M)(7.2M)(7.5M)

Manitex International Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Manitex International. It measures of how well Manitex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Manitex International brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Manitex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Manitex International has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash1.2M(6.2M)4.2M(13.4M)1.3M1.4M
Free Cash Flow1.5M11.3M6.3M(21.2M)(4.9M)(4.7M)
Other Non Cash Items5.1M5.1M(117K)(2.8M)(638K)(606.1K)
Capital Expenditures1.8M709K1.1M16.2M7.2M7.5M
Net Income(8.5M)(13.6M)(4.6M)(4.3M)7.9M8.2M
End Period Cash Flow23.6M17.4M21.6M8.2M9.5M7.3M
Depreciation4.7M4.4M4.3M9.4M11.4M12.0M
Change To Inventory(2.4M)4.7M(12.8M)(3.7M)(10.9M)(10.3M)
Change Receivables9.3M6.8M(2.3M)(9.4M)(10.8M)(10.3M)
Net Borrowings(4.1M)(18.2M)(2.6M)42.1M37.9M39.8M
Change To Netincome6.8M6.3M4.6M1.5M1.7M1.6M
Investments7.6M844K(1.1M)(52.6M)(6.7M)(6.4M)

Manitex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Manitex International's current stock value. Our valuation model uses many indicators to compare Manitex International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manitex International competition to find correlations between indicators driving Manitex International's intrinsic value. More Info.
Manitex International is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.39  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Manitex International is roughly  2.59 . At this time, Manitex International's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Manitex International's earnings, one of the primary drivers of an investment's value.

Manitex International's Earnings Breakdown by Geography

Manitex International Systematic Risk

Manitex International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Manitex International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Manitex International correlated with the market. If Beta is less than 0 Manitex International generally moves in the opposite direction as compared to the market. If Manitex International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Manitex International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Manitex International is generally in the same direction as the market. If Beta > 1 Manitex International moves generally in the same direction as, but more than the movement of the benchmark.

Manitex International Thematic Clasifications

Manitex International is part of Millennials Best investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Firms that are involved in making products or providing services to millennials. Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000
Millennials BestView
This theme covers Firms that are involved in making products or providing services to millennials. Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. Get More Thematic Ideas
Today, most investors in Manitex International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Manitex International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Manitex International growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.084)

At this time, Manitex International's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Manitex International November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Manitex International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Manitex International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Manitex International based on widely used predictive technical indicators. In general, we focus on analyzing Manitex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Manitex International's daily price indicators and compare them against related drivers.

Additional Tools for Manitex Stock Analysis

When running Manitex International's price analysis, check to measure Manitex International's 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 Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.