Maider Total Current Assets vs Property Plant And Equipment Net 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 Current Assets and its Property Plant And Equipment Net 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 Current Assets vs Property Plant And Equipment Net

Total Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maider Medical Industry Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Maider Medical's Total Current Assets and Property Plant And Equipment Net is 0.73. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net 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 Current Assets and Property Plant And Equipment Net 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 Current Assets of Maider Medical Industry are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Maider Medical's Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
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.