Methode Total Current Liabilities vs Total Stockholder Equity Analysis

MEI Stock  USD 10.92  0.19  1.77%   
Methode Electronics financial indicator trend analysis is infinitely more than just investigating Methode Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Methode Electronics is a good investment. Please check the relationship between Methode Electronics Total Current Liabilities and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Methode Electronics Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Methode Electronics' Total Current Liabilities and Total Stockholder Equity is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Methode Electronics, assuming nothing else is changed. The correlation between historical values of Methode Electronics' Total Current Liabilities and Total Stockholder Equity 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 Liabilities of Methode Electronics are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Methode Electronics' Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Methode Electronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Methode Electronics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Methode Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Methode Electronics 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 Methode Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.As of now, Methode Electronics' Enterprise Value Over EBITDA is decreasing as compared to previous years. The Methode Electronics' current Enterprise Value Multiple is estimated to increase to 9.85, while Selling General Administrative is projected to decrease to under 29 K.
 2021 2022 2023 2024 (projected)
Gross Profit264.9M264.1M178.8M72.4M
Total Revenue1.2B1.2B1.1B428.8M

Methode Electronics fundamental ratios Correlations

0.670.780.940.980.990.610.980.510.970.950.510.950.290.930.950.910.970.970.750.91-0.210.90.920.720.68
0.670.460.520.590.720.760.590.010.760.670.010.510.010.790.690.640.570.750.630.42-0.330.430.80.890.87
0.780.460.870.760.740.360.750.520.680.760.520.830.350.660.820.720.850.750.790.83-0.220.840.640.420.59
0.940.520.870.940.920.470.930.530.870.890.530.980.380.810.920.920.950.90.780.93-0.160.980.810.590.63
0.980.590.760.940.950.461.00.610.920.920.610.970.380.850.910.920.970.910.670.95-0.180.90.850.670.67
0.990.720.740.920.950.670.940.420.980.960.420.920.250.950.960.890.940.980.790.85-0.240.880.940.770.71
0.610.760.360.470.460.670.48-0.330.770.64-0.330.44-0.230.830.680.50.490.760.630.24-0.260.430.850.620.44
0.980.590.750.931.00.940.480.610.920.910.610.950.340.860.910.910.960.910.660.94-0.210.880.850.670.65
0.510.010.520.530.610.42-0.330.610.30.451.00.560.50.260.360.430.60.350.250.790.060.520.190.150.29
0.970.760.680.870.920.980.770.920.30.940.30.870.150.980.930.870.90.990.740.77-0.280.810.980.780.67
0.950.670.760.890.920.960.640.910.450.940.450.880.340.920.920.820.910.950.740.84-0.10.850.890.650.65
0.510.010.520.530.610.42-0.330.611.00.30.450.560.50.260.360.430.60.350.250.790.060.520.190.150.29
0.950.510.830.980.970.920.440.950.560.870.880.560.430.80.910.930.950.880.690.95-0.110.970.790.580.62
0.290.010.350.380.380.25-0.230.340.50.150.340.50.430.070.20.320.270.16-0.030.480.460.360.040.040.28
0.930.790.660.810.850.950.830.860.260.980.920.260.80.070.910.780.860.990.780.71-0.260.750.980.760.64
0.950.690.820.920.910.960.680.910.360.930.920.360.910.20.910.850.940.950.870.84-0.230.890.90.690.7
0.910.640.720.920.920.890.50.910.430.870.820.430.930.320.780.850.860.850.630.85-0.160.890.810.670.7
0.970.570.850.950.970.940.490.960.60.90.910.60.950.270.860.940.860.920.780.94-0.230.920.850.640.65
0.970.750.750.90.910.980.760.910.350.990.950.350.880.160.990.950.850.920.810.8-0.240.850.970.750.67
0.750.630.790.780.670.790.630.660.250.740.740.250.69-0.030.780.870.630.780.810.66-0.30.750.760.610.64
0.910.420.830.930.950.850.240.940.790.770.840.790.950.480.710.840.850.940.80.66-0.080.910.680.510.6
-0.21-0.33-0.22-0.16-0.18-0.24-0.26-0.210.06-0.28-0.10.06-0.110.46-0.26-0.23-0.16-0.23-0.24-0.3-0.08-0.07-0.33-0.49-0.31
0.90.430.840.980.90.880.430.880.520.810.850.520.970.360.750.890.890.920.850.750.91-0.070.740.490.56
0.920.80.640.810.850.940.850.850.190.980.890.190.790.040.980.90.810.850.970.760.68-0.330.740.80.66
0.720.890.420.590.670.770.620.670.150.780.650.150.580.040.760.690.670.640.750.610.51-0.490.490.80.86
0.680.870.590.630.670.710.440.650.290.670.650.290.620.280.640.70.70.650.670.640.6-0.310.560.660.86
Click cells to compare fundamentals

Methode Electronics Account Relationship Matchups

Methode Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.4B1.6B1.4B305.3M
Short Long Term Debt Total378M263.7M231.3M335.4M358.2M376.1M
Other Current Liab49.2M52.4M48.5M71.2M84M29.0M
Total Current Liabilities143.8M222.7M188.6M228M231.4M53.5M
Total Stockholder Equity783.4M918M913.8M941.8M766M231.8M
Property Plant And Equipment Net225.4M226.3M217M248.7M238.8M69.9M
Net Debt160.7M30.5M59.3M178.4M196.7M(54.0M)
Retained Earnings651.9M746M763.9M772.7M612.3M143.6M
Cash217.3M233.2M172M157M161.5M54.0M
Non Current Assets Total805M793M760.1M914.7M765.8M124.0M
Non Currrent Assets Other71.8M60.5M60.7M73.8M65.7M16.9M
Cash And Short Term Investments217.3M233.2M172M157M161.5M54.0M
Net Receivables201.4M282.5M273.3M314.3M266.6M75.2M
Common Stock Shares Outstanding37.8M38.3M37.8M36.8M35.5M36.9M
Liabilities And Stockholders Equity1.4B1.5B1.4B1.6B1.4B305.3M
Non Current Liabilities Total443.4M326.3M286.7M409.3M406.1M20.0M
Inventory131M124.2M158.5M159.7M186.2M40.4M
Other Current Assets15.9M34.1M25.2M33.4M23.4M11.6M
Other Stockholder Equity139.2M146.1M157.5M169.5M172.1M53.4M
Total Liab587.2M549M475.3M637.3M637.5M73.5M
Property Plant And Equipment Gross225.4M226.3M217M248.7M573.5M69.9M
Total Current Assets565.6M674M629M664.4M637.7M181.2M
Accumulated Other Comprehensive Income(26.9M)6.1M(26.8M)(19M)(36.7M)15.7M
Short Term Debt20.8M27.1M25M10M6.9M12.0M
Accounts Payable73.8M122.9M108.5M138.7M132.4M24.5M
Intangible Assets264.9M244.8M229.4M207.7M256.7M20.5M
Other Liab85.3M82.9M74.4M72.4M83.3M87.4M
Other Assets103.2M101.7M102.4M107.4M123.5M129.7M
Good Will231.6M235.6M233M301.9M169.9M11.8M
Property Plant Equipment225.4M226.3M217M248.7M286.0M300.3M
Net Tangible Assets191.5M307M453M473.1M544.1M422.1M
Long Term Debt336.8M225.2M197.5M303.6M330.7M347.2M
Long Term Debt Total336.8M225.2M197.5M303.6M349.1M366.6M

Currently Active Assets on Macroaxis

When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methode Electronics. If investors know Methode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methode Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Dividend Share
0.56
Earnings Share
(4.10)
Revenue Per Share
30.598
Quarterly Revenue Growth
(0.11)
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.