Maccura Other Assets vs Other Current Assets Analysis

300463 Stock   14.20  0.17  1.21%   
Maccura Biotechnology financial indicator trend analysis is infinitely more than just investigating Maccura Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maccura Biotechnology is a good investment. Please check the relationship between Maccura Biotechnology Other Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Maccura Biotechnology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Assets vs Other Current Assets

Other Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maccura Biotechnology Other Assets account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Maccura Biotechnology's Other Assets and Other Current Assets is 0.76. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Maccura Biotechnology Co, assuming nothing else is changed. The correlation between historical values of Maccura Biotechnology's Other Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Maccura Biotechnology Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Assets i.e., Maccura Biotechnology's Other Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Maccura Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maccura Biotechnology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Maccura Biotechnology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 2, 2024, Selling General Administrative is expected to decline to about 478.8 M. In addition to that, Tax Provision is expected to decline to about 655.4 K
 2021 2022 2023 2024 (projected)
Operating Income1.3B894.9M451.5M651.0M
Total Revenue4.0B3.6B2.9B2.5B

Maccura Biotechnology fundamental ratios Correlations

0.340.810.980.910.980.970.960.940.710.950.960.840.860.920.880.990.9-0.140.940.860.460.980.940.95-0.89
0.340.590.190.230.360.480.30.240.710.50.530.610.630.090.230.270.110.570.310.00.690.430.320.19-0.39
0.810.590.670.730.750.860.790.790.750.940.910.90.990.710.790.750.540.030.840.710.860.830.90.67-0.9
0.980.190.670.880.970.920.920.90.60.870.890.740.730.920.860.980.95-0.220.90.850.280.930.870.96-0.8
0.910.230.730.880.930.910.910.990.750.850.890.690.80.960.720.890.85-0.10.840.780.280.930.920.93-0.79
0.980.360.750.970.930.960.950.940.760.920.950.780.820.920.820.980.93-0.080.920.80.370.970.910.97-0.84
0.970.480.860.920.910.960.950.940.780.960.980.850.910.890.830.950.85-0.020.90.790.530.980.930.92-0.87
0.960.30.790.920.910.950.950.930.710.890.920.720.840.90.810.960.9-0.140.910.850.430.940.930.95-0.87
0.940.240.790.90.990.940.940.930.750.90.920.760.840.980.80.910.85-0.160.880.840.360.950.970.93-0.86
0.710.710.750.60.750.760.780.710.750.790.840.770.830.640.570.650.510.260.660.470.520.770.750.64-0.71
0.950.50.940.870.850.920.960.890.90.790.990.940.960.860.890.910.75-0.060.930.810.680.950.950.84-0.94
0.960.530.910.890.890.950.980.920.920.840.990.920.950.870.870.920.78-0.050.910.80.620.960.950.87-0.93
0.840.610.90.740.690.780.850.720.760.770.940.920.90.720.830.750.55-0.050.780.680.740.840.850.66-0.9
0.860.630.990.730.80.820.910.840.840.830.960.950.90.750.770.80.610.080.860.70.790.890.920.74-0.91
0.920.090.710.920.960.920.890.90.980.640.860.870.720.750.810.910.87-0.260.880.880.260.920.940.94-0.83
0.880.230.790.860.720.820.830.810.80.570.890.870.830.770.810.870.72-0.440.850.940.550.80.850.76-0.87
0.990.270.750.980.890.980.950.960.910.650.910.920.750.80.910.870.95-0.170.950.870.390.960.90.97-0.85
0.90.110.540.950.850.930.850.90.850.510.750.780.550.610.870.720.95-0.160.850.770.120.880.780.98-0.68
-0.140.570.03-0.22-0.1-0.08-0.02-0.14-0.160.26-0.06-0.05-0.050.08-0.26-0.44-0.17-0.16-0.06-0.540.14-0.01-0.15-0.130.25
0.940.310.840.90.840.920.90.910.880.660.930.910.780.860.880.850.950.85-0.060.840.550.930.930.91-0.87
0.860.00.710.850.780.80.790.850.840.470.810.80.680.70.880.940.870.77-0.540.840.390.780.860.81-0.83
0.460.690.860.280.280.370.530.430.360.520.680.620.740.790.260.550.390.120.140.550.390.470.560.24-0.68
0.980.430.830.930.930.970.980.940.950.770.950.960.840.890.920.80.960.88-0.010.930.780.470.950.95-0.88
0.940.320.90.870.920.910.930.930.970.750.950.950.850.920.940.850.90.78-0.150.930.860.560.950.89-0.94
0.950.190.670.960.930.970.920.950.930.640.840.870.660.740.940.760.970.98-0.130.910.810.240.950.89-0.79
-0.89-0.39-0.9-0.8-0.79-0.84-0.87-0.87-0.86-0.71-0.94-0.93-0.9-0.91-0.83-0.87-0.85-0.680.25-0.87-0.83-0.68-0.88-0.94-0.79
Click cells to compare fundamentals

Maccura Biotechnology Account Relationship Matchups

Maccura Biotechnology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.4B6.6B8.2B8.1B5.4B
Other Current Liab155.7M255.0M189.9M171.5M10.0M9.5M
Total Current Liabilities1.8B1.8B1.3B1.1B1.1B1.1B
Total Stockholder Equity3.1B3.8B4.3B6.3B6.4B3.8B
Other Liab149.8M231.9M270.7M248.0M285.2M299.5M
Retained Earnings2.2B2.9B3.6B4.0B3.8B2.5B
Accounts Payable261.6M402.1M317.4M380.9M365.8M244.9M
Cash443.9M612.1M637.2M587.3M836.0M487.8M
Other Assets225.8M327.2M336.5M342.8M394.3M414.0M
Long Term Debt200M329.7M424.1M285.8M162.5M240.5M
Net Receivables2.0B2.0B1.9B2.1B1.8B1.6B
Inventory851.7M1.1B1.1B1.0B907.5M775.1M
Other Current Assets208.7M235.8M195.8M251.9M112.6M175.1M
Total Liab2.2B2.4B2.0B1.6B1.5B1.5B
Intangible Assets210.7M245.6M280.8M374.5M420.8M441.8M
Common Stock557.7M557.1M556.5M612.5M704.3M524.6M
Property Plant Equipment1.6B1.7B2.0B2.5B2.9B1.5B
Net Tangible Assets3.0B3.6B4.1B5.9B6.8B3.5B
Deferred Long Term Liab113.6M64.2M95.5M113.4M130.4M72.7M
Short Long Term Debt1.2B921.5M530.6M248.1M144.6M137.4M
Total Current Assets3.5B4.0B3.9B4.7B4.2B3.6B
Non Current Assets Total2.0B2.3B2.7B3.5B3.9B2.5B
Non Currrent Assets Other7.0M2.0M2.8M6.1M3.7M3.5M
Non Current Liabilities Total349.8M561.6M712.0M548.8M387.2M416.6M
Net Debt752.1M941.3M639.2M317.5M285.7M476.0M
Common Stock Shares Outstanding557.7M557.1M556.5M612.5M704.3M630.5M
Net Invested Capital4.5B5.0B5.3B6.8B6.7B5.6B
Net Working Capital1.7B2.2B2.5B3.6B3.1B2.6B
Capital Stock557.7M557.1M556.5M612.5M704.3M633.3M

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Other Information on Investing in Maccura Stock

Balance Sheet is a snapshot of the financial position of Maccura Biotechnology at a specified time, usually calculated after every quarter, six months, or one year. Maccura Biotechnology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maccura Biotechnology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Maccura currently owns. An asset can also be divided into two categories, current and non-current.