Motorcar Operating Income vs Ebit Analysis
MPAA Stock | USD 8.13 0.18 2.26% |
Motorcar Parts financial indicator trend analysis is infinitely more than just investigating Motorcar Parts recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Motorcar Parts is a good investment. Please check the relationship between Motorcar Parts Operating Income and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorcar Parts of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Motorcar Parts Operating Income account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Motorcar Parts' Operating Income and Ebit is 0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Motorcar Parts of, assuming nothing else is changed. The correlation between historical values of Motorcar Parts' Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Motorcar Parts of are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Motorcar Parts' Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from Motorcar Parts operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Motorcar Parts of is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Ebit
Most indicators from Motorcar Parts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Motorcar Parts 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 Motorcar Parts of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Motorcar Parts' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.89, whereas Selling General Administrative is forecasted to decline to about 32 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 117.9M | 114.0M | 132.6M | 139.2M | Total Revenue | 650.3M | 683.1M | 717.7M | 753.6M |
Motorcar Parts fundamental ratios Correlations
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Motorcar Parts Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Motorcar Parts fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 777.0M | 847.9M | 1.0B | 1.0B | 1.0B | 1.1B | |
Short Long Term Debt Total | 242.7M | 181.5M | 259.3M | 277.2M | 239.3M | 251.3M | |
Other Current Liab | 51.1M | 61.6M | 71.0M | 65.2M | 75.5M | 79.3M | |
Total Current Liabilities | 318.5M | 326.1M | 426.4M | 382.6M | 404.4M | 424.6M | |
Total Stockholder Equity | 275.5M | 301.1M | 315.3M | 320.5M | 285.1M | 299.4M | |
Property Plant And Equipment Net | 98.0M | 125.4M | 133.1M | 133.7M | 122.3M | 128.4M | |
Net Debt | 193.1M | 165.9M | 236.3M | 265.6M | 225.4M | 236.6M | |
Retained Earnings | 64.1M | 85.6M | 93.0M | 88.7M | 39.5M | 41.5M | |
Accounts Payable | 78.7M | 129.3M | 147.5M | 119.4M | 155.0M | 162.7M | |
Cash | 49.6M | 15.5M | 23.0M | 11.6M | 14.0M | 12.5M | |
Non Current Assets Total | 367.9M | 425.0M | 478.7M | 491.1M | 451.5M | 474.1M | |
Non Currrent Assets Other | 1.8M | 1.5M | 1.4M | 1.1M | 322.0M | 338.1M | |
Cash And Short Term Investments | 50.5M | 17.2M | 25.2M | 13.6M | 15.8M | 13.7M | |
Net Receivables | 115.4M | 90.5M | 112.9M | 147.5M | 129.1M | 135.6M | |
Common Stock Shares Outstanding | 18.9M | 19.4M | 19.6M | 19.3M | 19.6M | 13.4M | |
Liabilities And Stockholders Equity | 777.0M | 847.9M | 1.0B | 1.0B | 1.0B | 1.1B | |
Non Current Liabilities Total | 183.0M | 220.6M | 274.0M | 325.5M | 322.5M | 338.6M | |
Inventory | 234.7M | 302.9M | 385.5M | 356.3M | 397.3M | 417.2M | |
Other Current Assets | 8.6M | 12.3M | 13.4M | 20.2M | 18.2M | 12.2M | |
Other Stockholder Equity | 218.6M | 223.1M | 227.2M | 231.8M | 236.3M | 125.8M | |
Total Liab | 501.5M | 546.7M | 700.4M | 708.1M | 726.9M | 763.2M | |
Property Plant And Equipment Gross | 98.0M | 125.4M | 133.1M | 133.7M | 195.6M | 205.4M | |
Total Current Assets | 409.1M | 422.9M | 537.0M | 537.5M | 560.5M | 588.5M | |
Accumulated Other Comprehensive Income | (7.4M) | (7.7M) | (5.1M) | (303K) | 9.2M | 9.6M | |
Short Term Debt | 160.8M | 94.1M | 165.5M | 157.6M | 136.3M | 143.1M | |
Current Deferred Revenue | 27.9M | 41.1M | 42.5M | 40.3M | 37.6M | 20.3M | |
Short Term Investments | 850K | 1.7M | 2.2M | 2.0M | 1.8M | 1.4M | |
Other Assets | 232.7M | 260.3M | 291.1M | 338.7M | 389.4M | 408.9M | |
Long Term Debt | 20.5M | 16.8M | 13.0M | 40.3M | 30.8M | 26.2M | |
Property Plant Equipment | 45.0M | 53.9M | 133.1M | 46.1M | 53.0M | 42.9M | |
Other Liab | 97.2M | 128.3M | 176.8M | 203.2M | 233.6M | 245.3M | |
Intangible Assets | 6.4M | 5.3M | 3.8M | 2.1M | 1.1M | 1.0M | |
Net Tangible Assets | 265.9M | 292.6M | 308.3M | 315.1M | 362.4M | 224.2M | |
Retained Earnings Total Equity | 64.1M | 85.6M | 93.0M | 88.7M | 102.1M | 107.2M | |
Capital Surpluse | 218.6M | 223.1M | 227.2M | 231.8M | 266.6M | 207.5M | |
Deferred Long Term Liab | 79K | 73K | 126K | 718K | 646.2K | 613.9K | |
Non Current Liabilities Other | 162.5M | 203.7M | 260.9M | 11.6M | 6.9M | 6.5M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Motorcar Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Motorcar Parts' 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 Motorcar Parts Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Motorcar Parts Of Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorcar Parts of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Automotive Parts & Equipment 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 Motorcar Parts. If investors know Motorcar 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 Motorcar Parts 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 (0.14) | Earnings Share (3.41) | Revenue Per Share 37.055 | Quarterly Revenue Growth 0.064 | Return On Assets 0.025 |
The market value of Motorcar Parts is measured differently than its book value, which is the value of Motorcar that is recorded on the company's balance sheet. Investors also form their own opinion of Motorcar Parts' value that differs from its market value or its book value, called intrinsic value, which is Motorcar Parts' 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 Motorcar Parts' market value can be influenced by many factors that don't directly affect Motorcar Parts' 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 Motorcar Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorcar Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorcar Parts' 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.