Mindax Long Term Debt vs Short Term Debt Analysis

MDX Stock

0.04 0 5.00%

Mindax financial indicator trend analysis is infinitely more than just investigating Mindax Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mindax Limited is a good investment. Please check the relationship between Mindax Long Term Debt and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mindax Limited. 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.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mindax Limited Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Mindax's Long Term Debt and Short Term Debt is 0.15. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Mindax Limited, assuming nothing else is changed. The correlation between historical values of Mindax's Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Mindax Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Mindax's Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Mindax Limited has held for over one year. Long-term debt appears on Mindax Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mindax Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Term Debt

Most indicators from Mindax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mindax Limited 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 Mindax Limited. 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.

Selling General Administrative is likely to drop to about 1 M in 2024. Tax Provision is likely to gain to about (155.2 K) in 2024

	2022	2023	2024 (projected)
Depreciation And Amortization	11.5K	64.3K	67.5K
Total Revenue	2.0	3.0K	2.8K

Depreciation And Amortization Total Revenue

Mindax fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Current Assets	Short Term Debt	Current Deferred Revenue	Other Liab
Total Assets		-0.35	0.38	0.92	0.65	0.54	0.21	0.45	0.67	0.45	0.22	0.59	0.45	0.84	-0.38	0.35	0.99	0.62	0.33	0.41	0.39	0.53	0.43	0.38	-0.2	-0.51
Other Current Liab	-0.35		0.34	-0.26	-0.35	-0.13	0.04	-0.24	-0.08	0.17	-0.02	0.17	0.0	-0.15	0.13	-0.1	-0.36	-0.61	0.09	-0.19	-0.43	-0.4	-0.18	0.04	-0.2	0.37
Total Current Liabilities	0.38	0.34		0.14	0.64	-0.21	0.26	-0.17	0.14	0.98	0.2	0.19	0.22	0.63	0.35	-0.19	0.42	0.2	0.41	-0.35	0.18	0.61	-0.33	0.16	-0.26	-0.58
Total Stockholder Equity	0.92	-0.26	0.14		0.33	0.69	0.32	0.57	0.75	0.16	0.23	0.74	0.55	0.67	-0.52	0.47	0.89	0.42	0.29	0.56	0.19	0.17	0.59	0.52	-0.24	-0.13
Accounts Payable	0.65	-0.35	0.64	0.33		0.05	-0.17	-0.08	0.15	0.78	0.21	-0.08	-0.11	0.67	0.0	-0.13	0.69	0.78	0.27	-0.03	0.69	0.96	-0.02	-0.2	-0.03	-0.92
Cash	0.54	-0.13	-0.21	0.69	0.05		0.08	0.34	0.47	-0.21	0.25	0.38	0.24	0.13	-0.89	0.28	0.44	0.32	0.13	0.91	0.24	-0.15	0.91	0.22	-0.17	0.14
Other Assets	0.21	0.04	0.26	0.32	-0.17	0.08		0.28	0.48	0.16	-0.06	0.61	0.82	0.31	0.11	0.31	0.21	-0.3	0.1	0.02	-0.49	-0.22	0.05	0.84	-0.16	0.21
Net Receivables	0.45	-0.24	-0.17	0.57	-0.08	0.34	0.28		0.53	-0.16	0.06	0.66	0.57	0.43	-0.2	0.36	0.42	-0.12	0.16	0.26	-0.09	-0.11	0.3	0.56	-0.19	0.1
Other Current Assets	0.67	-0.08	0.14	0.75	0.15	0.47	0.48	0.53		0.13	-0.38	0.83	0.65	0.7	-0.51	0.85	0.67	-0.01	-0.24	0.57	-0.3	0.07	0.6	0.64	0.27	-0.05
Total Liab	0.45	0.17	0.98	0.16	0.78	-0.21	0.16	-0.16	0.13		0.2	0.11	0.14	0.69	0.33	-0.2	0.5	0.36	0.39	-0.34	0.31	0.76	-0.32	0.07	-0.2	-0.73
Common Stock	0.22	-0.02	0.2	0.23	0.21	0.25	-0.06	0.06	-0.38	0.2		-0.08	-0.08	-0.02	0.12	-0.72	0.17	0.37	0.9	-0.13	0.57	0.12	-0.13	-0.1	-0.87	-0.03
Property Plant Equipment	0.59	0.17	0.19	0.74	-0.08	0.38	0.61	0.66	0.83	0.11	-0.08		0.81	0.64	-0.23	0.62	0.57	-0.25	0.15	0.29	-0.43	-0.17	0.34	0.82	-0.2	0.16
Short Long Term Debt Total	0.45	0.0	0.22	0.55	-0.11	0.24	0.82	0.57	0.65	0.14	-0.08	0.81		0.53	-0.02	0.46	0.44	-0.24	0.19	0.14	-0.45	-0.14	0.18	0.99	-0.24	0.11
Property Plant And Equipment Net	0.84	-0.15	0.63	0.67	0.67	0.13	0.31	0.43	0.7	0.69	-0.02	0.64	0.53		-0.03	0.37	0.87	0.32	0.24	0.06	0.1	0.64	0.09	0.46	-0.08	-0.61
Net Debt	-0.38	0.13	0.35	-0.52	0.0	-0.89	0.11	-0.2	-0.51	0.33	0.12	-0.23	-0.02	-0.03		-0.49	-0.3	-0.25	0.29	-0.99	-0.14	0.16	-0.98	-0.02	-0.25	-0.15
Retained Earnings	0.35	-0.1	-0.19	0.47	-0.13	0.28	0.31	0.36	0.85	-0.2	-0.72	0.62	0.46	0.37	-0.49		0.36	-0.17	-0.63	0.53	-0.49	-0.16	0.55	0.48	0.6	0.15
Non Current Assets Total	0.99	-0.36	0.42	0.89	0.69	0.44	0.21	0.42	0.67	0.5	0.17	0.57	0.44	0.87	-0.3	0.36		0.63	0.3	0.33	0.38	0.58	0.35	0.36	-0.15	-0.56
Non Currrent Assets Other	0.62	-0.61	0.2	0.42	0.78	0.32	-0.3	-0.12	-0.01	0.36	0.37	-0.25	-0.24	0.32	-0.25	-0.17	0.63		0.25	0.24	0.89	0.72	0.22	-0.32	-0.06	-0.69
Long Term Debt	0.33	0.09	0.41	0.29	0.27	0.13	0.1	0.16	-0.24	0.39	0.9	0.15	0.19	0.24	0.29	-0.63	0.3	0.25		-0.29	0.39	0.2	-0.27	0.15	-0.96	-0.17
Cash And Short Term Investments	0.41	-0.19	-0.35	0.56	-0.03	0.91	0.02	0.26	0.57	-0.34	-0.13	0.29	0.14	0.06	-0.99	0.53	0.33	0.24	-0.29		0.1	-0.18	1.0	0.14	0.25	0.18
Common Stock Shares Outstanding	0.39	-0.43	0.18	0.19	0.69	0.24	-0.49	-0.09	-0.3	0.31	0.57	-0.43	-0.45	0.1	-0.14	-0.49	0.38	0.89	0.39	0.1		0.62	0.08	-0.54	-0.24	-0.59
Non Current Liabilities Total	0.53	-0.4	0.61	0.17	0.96	-0.15	-0.22	-0.11	0.07	0.76	0.12	-0.17	-0.14	0.64	0.16	-0.16	0.58	0.72	0.2	-0.18	0.62		-0.18	-0.23	0.06	-0.95
Total Current Assets	0.43	-0.18	-0.33	0.59	-0.02	0.91	0.05	0.3	0.6	-0.32	-0.13	0.34	0.18	0.09	-0.98	0.55	0.35	0.22	-0.27	1.0	0.08	-0.18		0.18	0.23	0.18
Short Term Debt	0.38	0.04	0.16	0.52	-0.2	0.22	0.84	0.56	0.64	0.07	-0.1	0.82	0.99	0.46	-0.02	0.48	0.36	-0.32	0.15	0.14	-0.54	-0.23	0.18		-0.22	0.21
Current Deferred Revenue	-0.2	-0.2	-0.26	-0.24	-0.03	-0.17	-0.16	-0.19	0.27	-0.2	-0.87	-0.2	-0.24	-0.08	-0.25	0.6	-0.15	-0.06	-0.96	0.25	-0.24	0.06	0.23	-0.22		-0.05
Other Liab	-0.51	0.37	-0.58	-0.13	-0.92	0.14	0.21	0.1	-0.05	-0.73	-0.03	0.16	0.11	-0.61	-0.15	0.15	-0.56	-0.69	-0.17	0.18	-0.59	-0.95	0.18	0.21	-0.05

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Mindax Account Relationship Matchups

Mindax fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6M	4.3M	19.0M	19.3M	26.7M	28.1M
Other Current Liab	1.0M	1.3M	225.7K	1.9K	7.7K	7.3K
Total Current Liabilities	1.5M	396.8K	360.7K	274.0K	1.6M	1.7M
Total Stockholder Equity	1.1M	3.9M	18.6M	19.0M	17.7M	11.1M
Accounts Payable	226.0K	171.2K	360.7K	272.0K	1.6M	1.7M
Cash	178.8K	1.2M	1.7M	4.6M	520.0K	494.0K
Net Receivables	15.0K	16.0K	167.1K	51.6K	45.0K	42.7K
Other Current Assets	1.1K	8.6K	8.5K	18.5K	22.8K	20.2K
Total Liab	1.5M	396.8K	360.7K	274.0K	2.1M	2.2M
Common Stock	44.8M	48.6M	50.0M	55.4M	55.5M	35.7M
Property Plant And Equipment Net	2.4M	2.9M	487.8K	92.6K	26.1M	27.4M
Net Debt	(178.8K)	(1.2M)	(1.7M)	(4.6M)	(411.4K)	(432.0K)
Retained Earnings	(44.5M)	(45.6M)	(32.2M)	(37.8M)	(40.1M)	(38.1M)
Non Current Assets Total	2.4M	2.9M	17.3M	14.6M	26.1M	27.4M
Cash And Short Term Investments	178.8K	1.2M	1.7M	4.6M	520.0K	494.0K
Common Stock Shares Outstanding	989.7M	1.4B	1.9B	2.0B	2.0B	2.1B
Liabilities And Stockholders Equity	2.6M	4.3M	19.0M	19.3M	26.7M	28.1M
Total Current Assets	196.0K	1.4M	1.7M	4.7M	587.7K	558.4K

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