Max Net Debt vs Total Current Assets Analysis

MFSL Stock

1,142 27.70 2.49%

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

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Max Financial Services Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Max Financial's Net Debt and Total Current Assets is 0.14. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Max Financial Services, assuming nothing else is changed. The correlation between historical values of Max Financial's Net Debt and Total Current 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 Net Debt of Max Financial Services are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Max Financial's Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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

At this time, Max Financial's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 84.5 M in 2024, whereas Tax Provision is likely to drop slightly above 211.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	193.4M	572.4M	931.3M	884.7M
Depreciation And Amortization	316.7B	307.3B	2.0B	1.9B

Interest Expense Depreciation And Amortization

Max Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Accounts Payable	Non Currrent Assets Other	Retained Earnings
Total Assets		0.46	-0.65	-0.37	0.53	-0.52	-0.77	0.94	0.61	-0.03	0.66	0.58	-0.19	0.62	0.68	-0.92	0.74	1.0	-0.28	0.39	0.98	0.7	0.69	0.71	0.69	-0.66
Short Long Term Debt Total	0.46		-0.62	-0.27	0.53	0.16	0.1	0.51	0.31	-0.25	-0.04	0.33	0.59	0.31	0.59	-0.31	0.39	0.46	-0.2	0.05	0.49	0.41	0.55	0.57	0.29	-0.4
Other Current Liab	-0.65	-0.62		0.51	-0.34	0.27	0.27	-0.61	-0.26	0.27	-0.24	-0.43	-0.36	-0.26	-0.67	0.66	-0.51	-0.65	0.41	0.12	-0.59	-0.37	-0.69	-0.49	-0.35	0.55
Total Current Liabilities	-0.37	-0.27	0.51		0.12	0.21	0.25	-0.37	0.01	0.79	0.04	0.11	-0.22	0.01	-0.16	0.56	-0.35	-0.38	0.92	0.23	-0.32	-0.02	-0.28	-0.16	-0.18	0.61
Total Stockholder Equity	0.53	0.53	-0.34	0.12		0.19	-0.23	0.45	0.13	0.34	0.52	0.58	0.17	0.13	0.35	-0.36	0.7	0.52	0.07	0.23	0.51	0.9	0.6	0.79	0.16	-0.45
Property Plant And Equipment Net	-0.52	0.16	0.27	0.21	0.19		0.56	-0.38	-0.41	-0.09	-0.19	-0.36	0.43	-0.42	-0.2	0.52	-0.05	-0.53	0.05	-0.06	-0.43	-0.11	-0.3	-0.2	-0.37	0.08
Net Debt	-0.77	0.1	0.27	0.25	-0.23	0.56		-0.79	-0.57	-0.11	-0.77	-0.37	0.52	-0.58	-0.42	0.79	-0.5	-0.77	0.14	-0.53	-0.79	-0.49	-0.29	-0.41	-0.68	0.42
Cash	0.94	0.51	-0.61	-0.37	0.45	-0.38	-0.79		0.73	-0.08	0.63	0.47	-0.14	0.73	0.74	-0.86	0.65	0.94	-0.23	0.53	0.98	0.6	0.52	0.62	0.81	-0.6
Non Current Assets Total	0.61	0.31	-0.26	0.01	0.13	-0.41	-0.57	0.73		0.16	0.35	0.21	-0.29	1.0	0.59	-0.43	0.24	0.61	0.24	0.79	0.69	0.18	-0.01	0.16	0.95	-0.19
Cash And Short Term Investments	-0.03	-0.25	0.27	0.79	0.34	-0.09	-0.11	-0.08	0.16		0.33	0.48	-0.19	0.16	0.08	0.13	-0.09	-0.04	0.85	0.25	-0.03	0.26	-0.04	0.1	0.04	0.39
Net Receivables	0.66	-0.04	-0.24	0.04	0.52	-0.19	-0.77	0.63	0.35	0.33		0.34	-0.35	0.34	0.41	-0.68	0.6	0.66	0.0	0.55	0.68	0.58	0.31	0.4	0.5	-0.45
Good Will	0.58	0.33	-0.43	0.11	0.58	-0.36	-0.37	0.47	0.21	0.48	0.34		0.03	0.22	0.47	-0.49	0.31	0.57	0.2	-0.06	0.51	0.72	0.76	0.77	0.13	-0.05
Common Stock Shares Outstanding	-0.19	0.59	-0.36	-0.22	0.17	0.43	0.52	-0.14	-0.29	-0.19	-0.35	0.03		-0.29	0.2	0.11	-0.14	-0.19	-0.15	-0.48	-0.19	-0.07	0.23	0.11	-0.26	0.02
Non Current Liabilities Total	0.62	0.31	-0.26	0.01	0.13	-0.42	-0.58	0.73	1.0	0.16	0.34	0.22	-0.29		0.6	-0.44	0.24	0.62	0.24	0.78	0.69	0.18	0.0	0.17	0.95	-0.18
Inventory	0.68	0.59	-0.67	-0.16	0.35	-0.2	-0.42	0.74	0.59	0.08	0.41	0.47	0.2	0.6		-0.65	0.46	0.68	0.03	0.32	0.73	0.3	0.43	0.43	0.65	-0.45
Other Current Assets	-0.92	-0.31	0.66	0.56	-0.36	0.52	0.79	-0.86	-0.43	0.13	-0.68	-0.49	0.11	-0.44	-0.65		-0.68	-0.92	0.47	-0.23	-0.88	-0.54	-0.65	-0.59	-0.6	0.69
Other Stockholder Equity	0.74	0.39	-0.51	-0.35	0.7	-0.05	-0.5	0.65	0.24	-0.09	0.6	0.31	-0.14	0.24	0.46	-0.68		0.74	-0.39	0.28	0.7	0.73	0.54	0.59	0.41	-0.91
Total Liab	1.0	0.46	-0.65	-0.38	0.52	-0.53	-0.77	0.94	0.61	-0.04	0.66	0.57	-0.19	0.62	0.68	-0.92	0.74		-0.29	0.39	0.98	0.69	0.69	0.71	0.69	-0.66
Total Current Assets	-0.28	-0.2	0.41	0.92	0.07	0.05	0.14	-0.23	0.24	0.85	0.0	0.2	-0.15	0.24	0.03	0.47	-0.39	-0.29		0.31	-0.22	-0.06	-0.33	-0.14	0.03	0.63
Short Term Debt	0.39	0.05	0.12	0.23	0.23	-0.06	-0.53	0.53	0.79	0.25	0.55	-0.06	-0.48	0.78	0.32	-0.23	0.28	0.39	0.31		0.52	0.19	-0.28	0.04	0.79	-0.19
Intangible Assets	0.98	0.49	-0.59	-0.32	0.51	-0.43	-0.79	0.98	0.69	-0.03	0.68	0.51	-0.19	0.69	0.73	-0.88	0.7	0.98	-0.22	0.52		0.66	0.59	0.68	0.76	-0.63
Common Stock	0.7	0.41	-0.37	-0.02	0.9	-0.11	-0.49	0.6	0.18	0.26	0.58	0.72	-0.07	0.18	0.3	-0.54	0.73	0.69	-0.06	0.19	0.66		0.75	0.91	0.19	-0.47
Current Deferred Revenue	0.69	0.55	-0.69	-0.28	0.6	-0.3	-0.29	0.52	-0.01	-0.04	0.31	0.76	0.23	0.0	0.43	-0.65	0.54	0.69	-0.33	-0.28	0.59	0.75		0.84	0.02	-0.44
Accounts Payable	0.71	0.57	-0.49	-0.16	0.79	-0.2	-0.41	0.62	0.16	0.1	0.4	0.77	0.11	0.17	0.43	-0.59	0.59	0.71	-0.14	0.04	0.68	0.91	0.84		0.15	-0.41
Non Currrent Assets Other	0.69	0.29	-0.35	-0.18	0.16	-0.37	-0.68	0.81	0.95	0.04	0.5	0.13	-0.26	0.95	0.65	-0.6	0.41	0.69	0.03	0.79	0.76	0.19	0.02	0.15		-0.4
Retained Earnings	-0.66	-0.4	0.55	0.61	-0.45	0.08	0.42	-0.6	-0.19	0.39	-0.45	-0.05	0.02	-0.18	-0.45	0.69	-0.91	-0.66	0.63	-0.19	-0.63	-0.47	-0.44	-0.41	-0.4

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Max Financial Account Relationship Matchups

Max Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	745.3B	981.3B	1.2T	1.3T	1.6T	1.7T
Short Long Term Debt Total	3.3B	3.3B	7.8B	8.2B	8.4B	6.3B
Other Current Liab	(11.6B)	(12.4B)	(13.6B)	(34.2B)	(24.3B)	(23.1B)
Total Current Liabilities	10.4B	12.4B	14.1B	17.1B	14.6B	23.4B
Total Stockholder Equity	21.5B	33.4B	39.3B	35.2B	38.7B	24.4B
Property Plant And Equipment Net	4.0B	3.5B	3.0B	3.9B	29.1M	27.6M
Net Debt	(4.4B)	(4.3B)	140.9M	(4.0B)	(8.5B)	(8.1B)
Cash	7.7B	7.2B	7.6B	12.3B	17.0B	17.8B
Non Current Assets Total	5.5B	5.5B	5.3B	5.3B	1.7T	1.8T
Cash And Short Term Investments	17.6B	23.3B	26.2B	12.3B	34.3B	20.0B
Net Receivables	13.9B	11.9B	14.0B	15.9B	18.6B	19.5B
Liabilities And Stockholders Equity	745.3B	981.3B	1.2T	1.3T	1.6T	1.7T
Non Current Liabilities Total	3.3B	3.5B	5.2B	5.2B	1.6T	1.7T
Inventory	15.6M	47.6M	50.8M	10.4B	12.0B	12.6B
Other Current Assets	(21.6B)	(19.1B)	(21.9B)	(28.8B)	(36.0B)	(34.2B)
Other Stockholder Equity	6.3B	62.8B	48.3B	45.6B	45.6B	47.9B
Total Liab	717.1B	945.3B	1.1T	1.3T	1.6T	1.7T
Total Current Assets	4.5B	5.1B	5.7B	9.9B	34.3B	25.9B
Accumulated Other Comprehensive Income	(1.5B)	2.0B	2.0B	2.0B	2.2B	2.3B
Short Term Debt	15.2M	520.2M	520.6M	540.0M	5.2B	5.5B
Intangible Assets	1.3B	1.4B	1.7B	2.4B	2.9B	3.0B
Common Stock	539.0M	690.2M	690.2M	687.2M	687.3M	559.2M
Accounts Payable	10.4B	12.4B	14.1B	17.1B	14.9B	9.3B
Non Currrent Assets Other	(44.9B)	(57.9B)	(81.4B)	(95.4B)	1.6T	1.7T
Retained Earnings	14.6B	(16.0B)	(10.1B)	(11.6B)	(9.8B)	(9.3B)
Short Term Investments	9.9B	16.1B	18.5B	569.7M	17.4B	17.5B
Other Liab	623.7B	695.5B	919.0B	1.1T	1.3T	1.3T
Net Tangible Assets	15.3B	16.2B	28.2B	34.1B	39.2B	23.8B
Other Assets	735.3B	970.7B	1.2T	1.3T	(101.2B)	(96.1B)
Long Term Investments	39.8B	41.1B	98.6B	89.2B	60.5B	119.8B
Property Plant Equipment	255.0M	251.2M	43.1M	38.5M	34.7M	32.9M
Capital Surpluse	4.2B	4.2B	46.8B	46.8B	53.8B	56.5B
Long Term Debt Total	3.2B	2.8B	5.2B	5.2B	6.0B	6.3B
Cash And Equivalents	4.1B	2.1B	2.0B	9.9B	11.4B	11.9B

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Max Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Max Financial fundamental ratios Correlations

Max Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Max Financial fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Intangible Assets	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Cash
Intangible Assets	+ 0.98	Total Liab
Non Currrent Assets Other	+ 0.95	Non Current Assets Total

Total Liab	- 0.92	Other Current Assets
Other Current Assets	- 0.92	Total Assets
Retained Earnings	- 0.91	Other Stockholder Equity
Intangible Assets	- 0.88	Other Current Assets
Other Current Assets	- 0.86	Cash
Intangible Assets	- 0.79	Net Debt