Motorcar Total Other Income Expense Net vs Interest Income 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 Total Other Income Expense Net and its Interest Income 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.

Total Other Income Expense Net vs Interest Income

Total Other Income Expense Net vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Motorcar Parts Total Other Income Expense Net account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Motorcar Parts' Total Other Income Expense Net and Interest Income is -0.26. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Interest Income 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' Total Other Income Expense Net and Interest Income 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 Other Income Expense Net of Motorcar Parts of are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Other Income Expense Net i.e., Motorcar Parts' Total Other Income Expense Net and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 Profit117.9M114.0M132.6M139.2M
Total Revenue650.3M683.1M717.7M753.6M

Motorcar Parts fundamental ratios Correlations

0.910.940.970.80.940.920.610.85-0.040.94-0.03-0.020.940.560.850.97-0.140.630.960.920.970.880.340.61-0.36
0.910.910.940.550.890.990.390.780.070.8-0.220.080.920.360.90.9-0.090.420.960.850.930.910.150.42-0.38
0.940.910.930.660.930.920.570.8-0.120.81-0.17-0.10.940.30.870.98-0.320.420.940.930.970.860.040.38-0.16
0.970.940.930.710.930.950.510.87-0.10.89-0.09-0.080.930.50.830.97-0.10.570.960.90.970.930.310.56-0.33
0.80.550.660.710.730.560.890.49-0.060.82-0.03-0.010.750.740.410.73-0.270.840.60.670.740.690.540.76-0.18
0.940.890.930.930.730.910.630.73-0.120.84-0.21-0.10.940.390.810.95-0.230.520.910.950.950.890.240.46-0.16
0.920.990.920.950.560.910.420.79-0.10.8-0.22-0.090.930.330.880.93-0.140.40.960.870.940.930.130.39-0.29
0.610.390.570.510.890.630.420.22-0.170.6-0.29-0.130.640.480.220.6-0.590.650.390.510.570.570.270.50.18
0.850.780.80.870.490.730.790.22-0.110.850.22-0.10.680.450.860.810.060.420.90.770.790.640.280.47-0.53
-0.040.07-0.12-0.1-0.06-0.12-0.1-0.17-0.11-0.02-0.031.0-0.090.20.05-0.170.270.14-0.03-0.17-0.06-0.090.120.17-0.54
0.940.80.810.890.820.840.80.60.85-0.020.120.020.790.690.780.84-0.090.710.880.80.850.740.470.69-0.48
-0.03-0.22-0.17-0.09-0.03-0.21-0.22-0.290.22-0.030.12-0.03-0.230.10.04-0.130.25-0.02-0.030.04-0.14-0.30.130.11-0.31
-0.020.08-0.1-0.08-0.01-0.1-0.09-0.13-0.11.00.02-0.03-0.070.240.05-0.150.270.19-0.02-0.16-0.04-0.070.160.22-0.55
0.940.920.940.930.750.940.930.640.68-0.090.79-0.23-0.070.390.780.96-0.280.520.90.910.970.940.160.48-0.15
0.560.360.30.50.740.390.330.480.450.20.690.10.240.390.230.390.250.960.40.30.430.420.850.98-0.61
0.850.90.870.830.410.810.880.220.860.050.780.040.050.780.230.84-0.010.260.950.840.850.680.040.29-0.43
0.970.90.980.970.730.950.930.60.81-0.170.84-0.13-0.150.960.390.84-0.230.50.950.950.990.90.190.47-0.17
-0.14-0.09-0.32-0.1-0.27-0.23-0.14-0.590.060.27-0.090.250.27-0.280.25-0.01-0.230.09-0.06-0.2-0.17-0.20.510.22-0.51
0.630.420.420.570.840.520.40.650.420.140.71-0.020.190.520.960.260.50.090.450.410.540.530.820.97-0.4
0.960.960.940.960.60.910.960.390.9-0.030.88-0.03-0.020.90.40.950.95-0.060.450.910.950.850.20.45-0.39
0.920.850.930.90.670.950.870.510.77-0.170.80.04-0.160.910.30.840.95-0.20.410.910.940.830.140.4-0.15
0.970.930.970.970.740.950.940.570.79-0.060.85-0.14-0.040.970.430.850.99-0.170.540.950.940.920.230.51-0.25
0.880.910.860.930.690.890.930.570.64-0.090.74-0.3-0.070.940.420.680.9-0.20.530.850.830.920.250.49-0.14
0.340.150.040.310.540.240.130.270.280.120.470.130.160.160.850.040.190.510.820.20.140.230.250.83-0.44
0.610.420.380.560.760.460.390.50.470.170.690.110.220.480.980.290.470.220.970.450.40.510.490.83-0.54
-0.36-0.38-0.16-0.33-0.18-0.16-0.290.18-0.53-0.54-0.48-0.31-0.55-0.15-0.61-0.43-0.17-0.51-0.4-0.39-0.15-0.25-0.14-0.44-0.54
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Motorcar Parts Account Relationship Matchups

Motorcar Parts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets777.0M847.9M1.0B1.0B1.0B1.1B
Short Long Term Debt Total242.7M181.5M259.3M277.2M239.3M251.3M
Other Current Liab51.1M61.6M71.0M65.2M75.5M79.3M
Total Current Liabilities318.5M326.1M426.4M382.6M404.4M424.6M
Total Stockholder Equity275.5M301.1M315.3M320.5M285.1M299.4M
Property Plant And Equipment Net98.0M125.4M133.1M133.7M122.3M128.4M
Net Debt193.1M165.9M236.3M265.6M225.4M236.6M
Retained Earnings64.1M85.6M93.0M88.7M39.5M41.5M
Accounts Payable78.7M129.3M147.5M119.4M155.0M162.7M
Cash49.6M15.5M23.0M11.6M14.0M12.5M
Non Current Assets Total367.9M425.0M478.7M491.1M451.5M474.1M
Non Currrent Assets Other1.8M1.5M1.4M1.1M322.0M338.1M
Cash And Short Term Investments50.5M17.2M25.2M13.6M15.8M13.7M
Net Receivables115.4M90.5M112.9M147.5M129.1M135.6M
Common Stock Shares Outstanding18.9M19.4M19.6M19.3M19.6M13.4M
Liabilities And Stockholders Equity777.0M847.9M1.0B1.0B1.0B1.1B
Non Current Liabilities Total183.0M220.6M274.0M325.5M322.5M338.6M
Inventory234.7M302.9M385.5M356.3M397.3M417.2M
Other Current Assets8.6M12.3M13.4M20.2M18.2M12.2M
Other Stockholder Equity218.6M223.1M227.2M231.8M236.3M125.8M
Total Liab501.5M546.7M700.4M708.1M726.9M763.2M
Property Plant And Equipment Gross98.0M125.4M133.1M133.7M195.6M205.4M
Total Current Assets409.1M422.9M537.0M537.5M560.5M588.5M
Accumulated Other Comprehensive Income(7.4M)(7.7M)(5.1M)(303K)9.2M9.6M
Short Term Debt160.8M94.1M165.5M157.6M136.3M143.1M
Current Deferred Revenue27.9M41.1M42.5M40.3M37.6M20.3M
Short Term Investments850K1.7M2.2M2.0M1.8M1.4M
Other Assets232.7M260.3M291.1M338.7M389.4M408.9M
Long Term Debt20.5M16.8M13.0M40.3M30.8M26.2M
Property Plant Equipment45.0M53.9M133.1M46.1M53.0M42.9M
Other Liab97.2M128.3M176.8M203.2M233.6M245.3M
Intangible Assets6.4M5.3M3.8M2.1M1.1M1.0M
Net Tangible Assets265.9M292.6M308.3M315.1M362.4M224.2M
Retained Earnings Total Equity64.1M85.6M93.0M88.7M102.1M107.2M
Capital Surpluse218.6M223.1M227.2M231.8M266.6M207.5M
Deferred Long Term Liab79K73K126K718K646.2K613.9K
Non Current Liabilities Other162.5M203.7M260.9M11.6M6.9M6.5M

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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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.