Maider Non Current Liabilities Other vs Accounts Payable Analysis

688310 Stock   13.23  0.04  0.30%   
Maider Medical financial indicator trend analysis is infinitely more than just investigating Maider Medical Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maider Medical Industry is a good investment. Please check the relationship between Maider Medical Non Current Liabilities Other and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Maider Medical Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Other vs Accounts Payable

Non Current Liabilities Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maider Medical Industry Non Current Liabilities Other account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Maider Medical's Non Current Liabilities Other and Accounts Payable is 0.53. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Maider Medical Industry, assuming nothing else is changed. The correlation between historical values of Maider Medical's Non Current Liabilities Other and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Maider Medical Industry are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Other i.e., Maider Medical's Non Current Liabilities Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Other

Accounts Payable

An accounting item on the balance sheet that represents Maider Medical obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Maider Medical Industry are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Maider Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maider Medical Industry 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 Maider Medical Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 12, 2024, Tax Provision is expected to decline to about 10.4 M. In addition to that, Selling General Administrative is expected to decline to about 40.9 M
 2021 2022 2023 2024 (projected)
Gross Profit158.1M193.5M251.0M152.6M
Total Revenue315.5M383.5M480.2M299.7M

Maider Medical fundamental ratios Correlations

0.890.990.930.80.860.880.880.950.97-0.10.9-0.510.970.770.77-0.580.930.990.920.060.920.870.86-0.620.68
0.890.840.910.90.630.970.880.930.91-0.231.0-0.520.780.590.72-0.520.810.840.660.310.840.960.96-0.840.87
0.990.840.910.750.890.840.860.920.95-0.070.85-0.490.990.790.75-0.580.931.00.950.030.90.820.82-0.560.62
0.930.910.910.840.80.890.770.950.98-0.330.91-0.410.870.840.74-0.50.870.890.770.020.90.890.9-0.660.72
0.80.90.750.840.580.880.810.870.84-0.330.9-0.580.690.530.68-0.610.760.770.60.120.840.940.94-0.890.94
0.860.630.890.80.580.70.690.810.87-0.350.64-0.60.870.740.85-0.680.950.880.86-0.20.770.690.69-0.360.43
0.880.970.840.890.880.70.90.950.91-0.370.97-0.660.750.550.86-0.670.880.840.640.190.850.990.99-0.770.82
0.880.880.860.770.810.690.90.920.86-0.090.88-0.720.80.410.79-0.670.850.880.760.040.890.890.89-0.640.7
0.950.930.920.950.870.810.950.920.98-0.290.94-0.630.860.650.84-0.640.920.920.78-0.020.950.950.95-0.690.75
0.970.910.950.980.840.870.910.860.98-0.280.92-0.540.920.780.82-0.590.930.940.84-0.010.940.910.91-0.660.72
-0.1-0.23-0.07-0.33-0.33-0.35-0.37-0.09-0.29-0.28-0.230.490.04-0.16-0.560.46-0.38-0.040.130.13-0.12-0.41-0.410.28-0.32
0.91.00.850.910.90.640.970.880.940.92-0.23-0.520.780.60.73-0.530.820.850.670.290.850.960.96-0.830.87
-0.51-0.52-0.49-0.41-0.58-0.6-0.66-0.72-0.63-0.540.49-0.52-0.390.0-0.850.89-0.73-0.53-0.390.09-0.53-0.68-0.680.48-0.54
0.970.780.990.870.690.870.750.80.860.920.040.78-0.390.810.66-0.490.880.980.98-0.010.870.730.73-0.490.55
0.770.590.790.840.530.740.550.410.650.78-0.160.60.00.810.44-0.190.670.750.75-0.050.650.540.54-0.330.38
0.770.720.750.740.680.850.860.790.840.82-0.560.73-0.850.660.44-0.90.920.750.61-0.10.750.840.84-0.520.59
-0.58-0.52-0.58-0.5-0.61-0.68-0.67-0.67-0.64-0.590.46-0.530.89-0.49-0.19-0.9-0.77-0.6-0.490.19-0.62-0.69-0.70.46-0.53
0.930.810.930.870.760.950.880.850.920.93-0.380.82-0.730.880.670.92-0.770.930.83-0.030.840.870.87-0.570.65
0.990.841.00.890.770.880.840.880.920.94-0.040.85-0.530.980.750.75-0.60.930.960.010.910.820.82-0.570.64
0.920.660.950.770.60.860.640.760.780.840.130.67-0.390.980.750.61-0.490.830.96-0.110.830.620.62-0.380.44
0.060.310.030.020.12-0.20.190.04-0.02-0.010.130.290.09-0.01-0.05-0.10.19-0.030.01-0.11-0.190.140.12-0.490.4
0.920.840.90.90.840.770.850.890.950.94-0.120.85-0.530.870.650.75-0.620.840.910.83-0.190.850.87-0.610.67
0.870.960.820.890.940.690.990.890.950.91-0.410.96-0.680.730.540.84-0.690.870.820.620.140.851.0-0.810.87
0.860.960.820.90.940.690.990.890.950.91-0.410.96-0.680.730.540.84-0.70.870.820.620.120.871.0-0.810.87
-0.62-0.84-0.56-0.66-0.89-0.36-0.77-0.64-0.69-0.660.28-0.830.48-0.49-0.33-0.520.46-0.57-0.57-0.38-0.49-0.61-0.81-0.81-0.99
0.680.870.620.720.940.430.820.70.750.72-0.320.87-0.540.550.380.59-0.530.650.640.440.40.670.870.87-0.99
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Maider Medical Account Relationship Matchups

Maider Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets804.4M817.8M879.3M1.0B1.1B760.6M
Total Current Liabilities86.3M69.0M102.5M193.1M190.4M110.1M
Total Stockholder Equity707.3M737.0M764.4M819.2M893.8M629.2M
Retained Earnings108.2M131.4M147.4M181.9M232.1M146.3M
Accounts Payable24.8M21.9M44.1M91.8M97.4M102.3M
Cash113.0M425.5M314.8M224.9M289.0M209.1M
Non Current Assets Total94.0M152.9M268.9M402.4M429.5M214.8M
Net Receivables100.7M97.8M115.1M121.1M135.8M108.5M
Non Current Liabilities Total11.2M13.1M14.1M15.6M19.2M13.9M
Inventory79.8M101.9M100.4M116.6M143.7M98.6M
Other Current Assets378.2M2.8M349.1K7.2M9.0M8.6M
Total Liab97.5M82.0M116.7M208.7M209.6M124.0M
Total Current Assets710.5M664.9M610.4M635.9M720.3M545.7M
Intangible Assets1.6M42.3M41.1M40.0M49.1M28.0M
Other Current Liab21.5M3.1M4.3M6.3M2.9M2.7M
Net Invested Capital733.1M737.4M765.7M820.0M894.7M696.6M
Net Working Capital624.2M595.9M507.9M442.8M529.9M481.3M

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Other Information on Investing in Maider Stock

Balance Sheet is a snapshot of the financial position of Maider Medical Industry at a specified time, usually calculated after every quarter, six months, or one year. Maider Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maider Medical 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 Maider currently owns. An asset can also be divided into two categories, current and non-current.