Mtar Common Stock Shares Outstanding vs Total Current Liabilities Analysis

MTARTECH   1,788  7.80  0.44%   
Mtar Technologies financial indicator trend analysis is infinitely more than just investigating Mtar Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mtar Technologies is a good investment. Please check the relationship between Mtar Technologies Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mtar Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mtar Technologies Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mtar Technologies' Common Stock Shares Outstanding and Total Current Liabilities is 0.44. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Mtar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Mtar Technologies' Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Mtar Technologies Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Mtar Technologies' Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Mtar Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mtar Technologies Limited 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 indicators from Mtar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mtar Technologies 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 Mtar Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
The current year's Selling General Administrative is expected to grow to about 70.7 M. The current year's Tax Provision is expected to grow to about 191.9 M
 2021 2022 2023 2024 (projected)
Gross Profit2.0B3.0B2.8B1.8B
Total Revenue3.2B5.7B5.8B3.2B

Mtar Technologies fundamental ratios Correlations

0.83-0.510.90.980.940.830.880.840.620.92-0.320.870.960.450.920.640.930.950.990.830.810.85-0.290.95-0.27
0.83-0.420.750.80.880.990.970.640.790.88-0.280.70.780.710.960.220.720.810.770.840.560.86-0.320.73-0.32
-0.51-0.42-0.33-0.6-0.42-0.39-0.58-0.37-0.48-0.350.94-0.59-0.4-0.72-0.54-0.43-0.56-0.4-0.55-0.32-0.39-0.440.76-0.6-0.29
0.90.75-0.330.80.840.790.750.970.340.84-0.20.770.970.440.860.570.70.980.890.760.610.59-0.160.73-0.5
0.980.8-0.60.80.90.780.880.740.70.87-0.380.890.90.440.880.670.980.870.980.790.870.89-0.360.99-0.12
0.940.88-0.420.840.90.880.880.740.650.99-0.280.730.880.510.90.350.820.920.880.910.620.88-0.250.85-0.32
0.830.99-0.390.790.780.880.940.680.720.89-0.250.710.810.720.950.220.690.840.770.860.530.82-0.280.7-0.4
0.880.97-0.580.750.880.880.940.680.850.86-0.440.750.810.70.980.370.820.820.850.770.660.89-0.460.82-0.2
0.840.64-0.370.970.740.740.680.680.240.72-0.270.70.930.40.80.660.650.930.860.60.580.48-0.170.67-0.53
0.620.79-0.480.340.70.650.720.850.240.62-0.370.490.440.50.740.160.70.450.590.520.550.87-0.450.670.14
0.920.88-0.350.840.870.990.890.860.720.62-0.20.710.870.470.880.320.790.910.850.930.60.87-0.20.82-0.37
-0.32-0.280.94-0.2-0.38-0.28-0.25-0.44-0.27-0.37-0.2-0.31-0.21-0.68-0.41-0.22-0.32-0.26-0.35-0.11-0.1-0.260.74-0.36-0.26
0.870.7-0.590.770.890.730.710.750.70.490.71-0.310.870.510.770.720.870.790.90.780.860.69-0.330.9-0.03
0.960.78-0.40.970.90.880.810.810.930.440.87-0.210.870.430.890.670.840.980.960.810.760.71-0.180.85-0.42
0.450.71-0.720.440.440.510.720.70.40.50.47-0.680.510.430.67-0.010.330.480.420.540.130.42-0.590.38-0.07
0.920.96-0.540.860.880.90.950.980.80.740.88-0.410.770.890.670.430.80.90.890.780.650.84-0.380.81-0.33
0.640.22-0.430.570.670.350.220.370.660.160.32-0.220.720.67-0.010.430.730.550.740.240.840.35-0.170.72-0.04
0.930.72-0.560.70.980.820.690.820.650.70.79-0.320.870.840.330.80.730.780.940.710.930.89-0.30.99-0.06
0.950.81-0.40.980.870.920.840.820.930.450.91-0.260.790.980.480.90.550.780.930.830.650.71-0.20.81-0.44
0.990.77-0.550.890.980.880.770.850.860.590.85-0.350.90.960.420.890.740.940.930.760.860.8-0.310.96-0.22
0.830.84-0.320.760.790.910.860.770.60.520.93-0.110.780.810.540.780.240.710.830.760.570.78-0.180.75-0.26
0.810.56-0.390.610.870.620.530.660.580.550.6-0.10.860.760.130.650.840.930.650.860.570.73-0.20.910.01
0.850.86-0.440.590.890.880.820.890.480.870.87-0.260.690.710.420.840.350.890.710.80.780.73-0.260.87-0.15
-0.29-0.320.76-0.16-0.36-0.25-0.28-0.46-0.17-0.45-0.20.74-0.33-0.18-0.59-0.38-0.17-0.3-0.2-0.31-0.18-0.2-0.26-0.36-0.42
0.950.73-0.60.730.990.850.70.820.670.670.82-0.360.90.850.380.810.720.990.810.960.750.910.87-0.36-0.02
-0.27-0.32-0.29-0.5-0.12-0.32-0.4-0.2-0.530.14-0.37-0.26-0.03-0.42-0.07-0.33-0.04-0.06-0.44-0.22-0.260.01-0.15-0.42-0.02
Click cells to compare fundamentals

Mtar Technologies Account Relationship Matchups

Mtar Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B5.9B7.3B10.6B10.1B6.4B
Short Long Term Debt Total291.3M169.8M958.9M1.4B1.9B2.0B
Other Current Liab90.3M75.7M69.8M108.5M119.9M101.8M
Total Current Liabilities1.1B894M1.7B3.4B2.1B1.6B
Total Stockholder Equity2.3B4.8B5.2B6.2B6.8B4.3B
Property Plant And Equipment Net1.7B1.8B2.4B3.5B4.3B2.5B
Net Debt155.8M(93.0M)795.7M1.3B1.5B1.6B
Retained Earnings871.4M1.2B1.7B2.7B3.2B3.4B
Accounts Payable305.6M347.6M570.4M2.2B714.1M617.7M
Cash135.5M262.7M163.3M122.4M392.4M412.0M
Non Current Assets Total1.7B1.9B2.6B3.7B4.4B2.8B
Non Currrent Assets Other7.3M75.3M216.2M85.6M113.4M77.1M
Cash And Short Term Investments232.5M319.0M818.1M635.0M508.4M386.1M
Net Receivables654.7M868.2M1.4B2.1B1.5B1.1B
Liabilities And Stockholders Equity3.5B5.9B7.3B10.6B10.1B6.3B
Inventory754.6M1.0B1.7B3.9B3.5B3.7B
Other Current Assets125.3M2.6B2.1B2.7B231.2M219.7M
Total Liab1.2B1.1B2.1B4.4B3.3B2.0B
Total Current Assets1.7B4.0B4.6B7.0B5.6B3.6B
Short Term Debt291.3M98.5M699.5M656.3M939.3M475.9M
Intangible Assets1.4M9.5M10.1M7.9M7.3M5.6M
Other Liab11.5M76.9M130.5M167.1M150.4M100.0M
Net Tangible Assets2.3B2.2B4.8B5.2B6.0B3.7B
Current Deferred Revenue484.4M423.9M368.5M110.8M304.9M262.6M
Other Assets283.7M79.1M101.7M243.0M218.7M155.8M
Short Term Investments97.0M56.3M654.8M512.6M26.2M24.9M
Non Current Liabilities Total76.9M201.8M426.5M1.0B1.2B1.3B
Net Invested Capital2.5B4.9B6.2B7.6B8.7B5.5B
Short Long Term Debt291.3M48.5M699.5M656.3M939.3M490.3M
Net Working Capital580.1M3.1B3.0B3.6B3.6B2.3B
Property Plant Equipment1.7B1.7B1.8B2.4B2.8B2.0B

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Other Information on Investing in Mtar Stock

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