Manaksia Net Tangible Assets vs Common Stock Shares Outstanding Analysis

MANAKCOAT   70.73  0.78  1.12%   
Manaksia Coated financial indicator trend analysis is infinitely more than just investigating Manaksia Coated Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manaksia Coated Metals is a good investment. Please check the relationship between Manaksia Coated Net Tangible Assets and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manaksia Coated Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Net Tangible Assets vs Common Stock Shares Outstanding

Net Tangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manaksia Coated Metals Net Tangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Manaksia Coated's Net Tangible Assets and Common Stock Shares Outstanding is 0.46. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Manaksia Coated Metals, assuming nothing else is changed. The correlation between historical values of Manaksia Coated's Net Tangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Manaksia Coated Metals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Tangible Assets i.e., Manaksia Coated's Net Tangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Manaksia Coated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manaksia Coated Metals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manaksia Coated Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 229.7 M, while Tax Provision is likely to drop about 18.4 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses6.2B6.3B6.1B3.5B
Depreciation And Amortization88.9M91.9M92.1M92.1M

Manaksia Coated fundamental ratios Correlations

0.740.980.950.960.230.850.820.770.990.970.780.920.790.830.640.570.79-0.17-0.470.760.820.730.860.360.8
0.740.690.80.690.040.680.670.580.710.690.610.660.640.530.760.310.64-0.17-0.370.550.520.640.640.370.67
0.980.690.90.940.130.890.720.820.981.00.680.910.710.80.70.710.71-0.06-0.320.670.90.750.90.20.87
0.950.80.90.860.260.720.890.70.910.890.820.780.650.70.570.370.65-0.11-0.510.60.650.650.750.270.72
0.960.690.940.860.280.880.780.730.980.940.790.990.870.890.640.580.87-0.25-0.520.850.850.790.910.450.81
0.230.040.130.260.280.160.440.060.210.140.430.260.150.32-0.17-0.320.150.19-0.440.3-0.060.270.190.26-0.05
0.850.680.890.720.880.160.570.70.870.90.60.910.70.820.870.750.70.09-0.210.670.910.790.920.220.89
0.820.670.720.890.780.440.570.560.780.690.960.680.650.630.320.040.64-0.23-0.80.620.410.470.580.440.46
0.770.580.820.70.730.060.70.560.780.80.50.710.510.440.530.590.5-0.08-0.340.460.720.730.720.020.64
0.990.710.980.910.980.210.870.780.780.980.750.940.820.860.640.620.82-0.19-0.450.80.860.750.880.380.81
0.970.691.00.890.940.140.90.690.80.980.660.920.710.820.730.730.71-0.04-0.290.680.920.780.920.20.89
0.780.610.680.820.790.430.60.960.50.750.660.730.670.670.350.070.67-0.23-0.810.640.450.520.630.440.52
0.920.660.910.780.990.260.910.680.710.940.920.730.880.90.680.640.88-0.22-0.450.860.890.820.930.440.84
0.790.640.710.650.870.150.70.650.510.820.710.670.880.840.510.41.0-0.55-0.550.980.660.620.690.770.59
0.830.530.80.70.890.320.820.630.440.860.820.670.90.840.590.530.84-0.15-0.320.830.770.620.830.530.73
0.640.760.70.570.64-0.170.870.320.530.640.730.350.680.510.590.730.520.160.060.420.780.710.760.050.88
0.570.310.710.370.58-0.320.750.040.590.620.730.070.640.40.530.730.40.140.30.360.910.610.71-0.160.82
0.790.640.710.650.870.150.70.640.50.820.710.670.881.00.840.520.4-0.55-0.540.980.660.620.690.770.59
-0.17-0.17-0.06-0.11-0.250.190.09-0.23-0.08-0.19-0.04-0.23-0.22-0.55-0.150.160.14-0.550.54-0.48-0.020.02-0.04-0.630.09
-0.47-0.37-0.32-0.51-0.52-0.44-0.21-0.8-0.34-0.45-0.29-0.81-0.45-0.55-0.320.060.3-0.540.54-0.54-0.09-0.25-0.28-0.56-0.06
0.760.550.670.60.850.30.670.620.460.80.680.640.860.980.830.420.360.98-0.48-0.540.620.60.640.80.52
0.820.520.90.650.85-0.060.910.410.720.860.920.450.890.660.770.780.910.66-0.02-0.090.620.750.920.10.93
0.730.640.750.650.790.270.790.470.730.750.780.520.820.620.620.710.610.620.02-0.250.60.750.790.10.81
0.860.640.90.750.910.190.920.580.720.880.920.630.930.690.830.760.710.69-0.04-0.280.640.920.790.190.9
0.360.370.20.270.450.260.220.440.020.380.20.440.440.770.530.05-0.160.77-0.63-0.560.80.10.10.190.01
0.80.670.870.720.81-0.050.890.460.640.810.890.520.840.590.730.880.820.590.09-0.060.520.930.810.90.01
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Manaksia Coated Account Relationship Matchups

Manaksia Coated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.4B4.8B5.5B5.4B3.6B
Other Current Liab108.9M94.9M59.0M84.8M187.5M196.8M
Total Current Liabilities1.7B2.1B2.7B3.3B3.0B1.8B
Total Stockholder Equity932.4M998.6M1.1B1.2B1.5B994.5M
Net Debt1.4B1.5B1.7B1.8B1.8B1.1B
Cash8.8M23.9M46.5M4.0M4.0M3.8M
Cash And Short Term Investments98.9M150.2M235.3M253.3M220.2M231.3M
Liabilities And Stockholders Equity3.8B4.4B4.8B5.5B5.4B3.6B
Total Liab2.9B3.4B3.8B4.3B3.8B2.6B
Total Current Assets1.9B2.5B3.1B3.8B3.7B2.1B
Accumulated Other Comprehensive Income(309.5M)510.3M514.9M526.3M528.3M554.7M
Short Long Term Debt Total1.4B1.5B1.8B1.8B1.8B1.3B
Property Plant And Equipment Net1.9B1.9B1.7B1.7B1.7B1.7B
Current Deferred Revenue79.1M160.6M208.4M106.7M146.6M102.4M
Retained Earnings52.2M110.7M195.0M288.6M460.5M483.5M
Accounts Payable878.3M1.2B1.4B2.0B1.6B1.0B
Non Current Assets Total1.9B1.9B1.7B1.7B1.7B1.7B
Non Currrent Assets Other(1.9B)3.9M3.4M3.7M13.7M14.4M
Net Receivables250.9M469.9M484.0M434.9M555.4M456.6M
Non Current Liabilities Total1.2B1.2B1.0B962.5M804.5M896.8M
Inventory1.2B1.5B2.0B2.5B2.3B1.2B
Other Current Assets324.7M364.4M401.0M588.0M592.2M427.4M
Short Term Debt705.9M749.1M1.1B973.8M1.2B761.3M
Other Liab512.3M521.1M359.3M194.0M223.1M418.2M
Net Tangible Assets932.4M998.6M1.1B1.2B1.4B1.1B
Long Term Debt676.6M716.8M663.7M768.5M601.8M609.7M
Short Term Investments90.1M126.2M188.9M249.3M216.3M113.8M
Long Term Debt Total676.6M716.8M663.7M768.5M883.8M605.7M
Short Long Term Debt705.9M657.0M997.5M1.1B1.2B768.0M
Property Plant Equipment1.9B1.9B1.7B1.7B2.0B1.8B
Non Current Liabilities Other50.5M49.9M37.5M38.0M35.6M55.8M
Cash And Equivalents8.8M23.9M46.5M4.0M3.6M3.4M
Net Invested Capital2.3B2.4B2.7B3.0B3.3B2.8B
Net Working Capital219.1M359.2M396.8M443.5M631.3M376.2M

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Other Information on Investing in Manaksia Stock

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