Maider Total Assets vs Intangible Assets Analysis

688310 Stock   13.19  0.13  1.00%   
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 Total Assets and its Intangible Assets 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.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maider Medical Industry Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Maider Medical's Total Assets and Intangible Assets is 0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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 Total Assets and Intangible 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 Total Assets of Maider Medical Industry are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Maider Medical's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Maider Medical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Maider Medical Industry books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 11, 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

Currently Active Assets on Macroaxis

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.