Mistras Historical Balance Sheet

MG Stock  USD 9.24  0.07  0.75%   
Trend analysis of Mistras Group balance sheet accounts such as Total Current Liabilities of 88.6 M, Total Stockholder Equity of 202.9 M or Other Liab of 15.5 M provides information on Mistras' total assets, liabilities, and equity, which is the actual value of Mistras Group to its prevalent stockholders. By breaking down trends over time using Mistras balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Mistras Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mistras Group is a good buy for the upcoming year.

Mistras Inventory

12.83 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Mistras Balance Sheet Analysis

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

Mistras Balance Sheet Chart

At this time, Mistras' Other Assets are most likely to increase significantly in the upcoming years. The Mistras' current Property Plant And Equipment Gross is estimated to increase to about 335.7 M, while Short and Long Term Debt Total is projected to decrease to roughly 158 M.

Total Assets

Total assets refers to the total amount of Mistras assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mistras Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mistras balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mistras Group 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.
Most accounts from Mistras' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mistras Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Mistras Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Mistras' Other Assets are most likely to increase significantly in the upcoming years. The Mistras' current Property Plant And Equipment Gross is estimated to increase to about 335.7 M, while Short and Long Term Debt Total is projected to decrease to roughly 158 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total216.1M205.5M245.7M158.0M
Total Assets562.2M534.9M534.8M464.9M

Mistras balance sheet Correlations

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Mistras Account Relationship Matchups

Mistras balance sheet Accounts

201920202021202220232024 (projected)
Total Assets719.9M583.3M562.2M534.9M534.8M464.9M
Short Long Term Debt Total271.9M235.1M216.1M205.5M245.7M158.0M
Other Current Liab77.6M61.6M67.6M59.9M66.5M53.6M
Total Current Liabilities109.2M109.8M121.4M103.7M116.5M88.6M
Total Stockholder Equity285.8M197.0M200.7M198.5M190.2M202.9M
Other Liab26.7M17.9M8.4M10.5M12.1M15.5M
Property Plant And Equipment Net98.6M92.7M86.6M77.6M118.5M80.6M
Net Debt256.9M209.3M192.0M185.0M228.1M134.7M
Retained Earnings77.6M(21.8M)(18.0M)(11.5M)(28.9M)(27.5M)
Accounts Payable15.0M14.2M12.9M12.5M17.0M11.4M
Cash15.0M25.8M24.1M20.5M17.6M17.2M
Non Current Assets Total540.7M420.7M400.9M367.0M354.4M318.5M
Non Currrent Assets Other48.4M51.3M47.3M40.0M2.3M2.2M
Other Assets4.4M53.4M49.5M40.8M46.9M49.3M
Long Term Debt248.1M209.5M182.4M183.8M181.5M130.2M
Cash And Short Term Investments15.0M25.8M24.1M20.5M17.6M17.2M
Net Receivables136.0M107.6M109.5M123.7M132.8M115.0M
Good Will282.4M206.0M205.4M199.6M187.4M159.3M
Common Stock Total Equity289K292K295K298K342.7K274.7K
Common Stock Shares Outstanding29.0M29.1M30.1M30.2M30.3M29.9M
Liabilities And Stockholders Equity719.9M583.3M562.2M534.9M534.8M464.9M
Non Current Liabilities Total324.6M276.2M239.9M232.4M227.8M182.8M
Inventory13.4M13.1M12.7M13.6M15.3M12.8M
Other Current Assets14.7M32.1M30.1M10.2M14.6M13.9M
Other Stockholder Equity229.2M234.6M238.7M243.0M247.2M153.1M
Total Liab433.9M386.1M361.3M336.2M344.3M261.8M
Property Plant And Equipment Gross98.6M92.7M294.3M296.7M319.8M335.7M
Total Current Assets179.2M162.6M161.3M167.9M180.4M158.6M
Accumulated Other Comprehensive Income(21.3M)(16.1M)(20.3M)(33.4M)(28.3M)(26.9M)
Short Term Debt10.7M24.8M34.0M22.0M24.7M18.5M
Intangible Assets109.5M68.6M59.4M49.0M44.0M53.6M
Common Stock289K292K295K298K305K278.2K
Property Plant Equipment98.6M139.4M86.6M77.6M89.2M80.7M
Net Tangible Assets(106.1M)(77.6M)(64.1M)198.5M178.6M187.5M
Current Deferred Revenue5.9M6.5M6.2M7.5M7.1M5.5M
Noncontrolling Interest In Consolidated Entity200K198K229K299K343.9K234.5K
Retained Earnings Total Equity77.6M(21.8M)(18.0M)(11.5M)(10.3M)(9.8M)
Long Term Debt Total248.1M209.5M192.2M193.9M223.0M164.0M
Capital Surpluse229.2M234.6M238.7M243.0M279.5M240.1M
Capital Lease Obligations27.3M25.2M23.6M14.2M27.1M17.9M

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Research & Consulting Services 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 Mistras. If investors know Mistras 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 Mistras 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
19
Earnings Share
0.35
Revenue Per Share
23.998
Quarterly Revenue Growth
0.019
Return On Assets
0.0467
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' 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 Mistras' market value can be influenced by many factors that don't directly affect Mistras' 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 Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' 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.