MMTEC Depreciation And Amortization vs Property Plant Equipment Analysis
MTC Stock | USD 0.23 0.01 4.17% |
MMTEC financial indicator trend analysis is infinitely more than just investigating MMTEC Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MMTEC Inc is a good investment. Please check the relationship between MMTEC Depreciation And Amortization and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. 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.
Depreciation And Amortization vs Property Plant Equipment
Depreciation And Amortization vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTEC Inc Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MMTEC's Depreciation And Amortization and Property Plant Equipment is 0.47. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of MMTEC Inc, assuming nothing else is changed. The correlation between historical values of MMTEC's Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of MMTEC Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., MMTEC's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Property Plant Equipment
Most indicators from MMTEC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MMTEC Inc 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 MMTEC Inc. 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. As of November 30, 2024, Selling General Administrative is expected to decline to about 3.6 M. Issuance Of Capital Stock is expected to grow at the current pace this year
MMTEC fundamental ratios Correlations
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MMTEC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MMTEC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2M | 3.7M | 14.6M | 11.4M | 157.0M | 164.8M | |
Other Current Liab | 402.9K | 227.7K | (64.0K) | 362.7K | 1.4M | 1.4M | |
Total Current Liabilities | 805.5K | 658.0K | 1.1M | 1.2M | 2.0M | 2.1M | |
Total Stockholder Equity | 4.8M | 2.7M | 13.4M | 9.4M | 122.4M | 128.5M | |
Net Tangible Assets | (444.3K) | 4.8M | 2.7M | 13.4M | 15.4M | 16.1M | |
Property Plant And Equipment Net | 1.1M | 765.5K | 709.6K | 1.2M | 774.5K | 649.1K | |
Net Debt | (2.7M) | (639.1K) | (10.7M) | (2.8M) | 31.4M | 33.0M | |
Retained Earnings | (6.4M) | (9.6M) | (16.6M) | (22.3M) | 26.7M | 28.0M | |
Cash | 3.6M | 1.4M | 11.2M | 3.8M | 1.8M | 3.2M | |
Non Current Assets Total | 1.9M | 1.5M | 739.1K | 2.4M | 154.0M | 161.7M | |
Non Currrent Assets Other | 605.6K | 112.9K | 29.5K | 1.1M | 153.2M | 160.8M | |
Other Assets | 0.0 | 605.6K | 112.9K | 29.5K | 33.9K | 32.2K | |
Cash And Short Term Investments | 3.6M | 1.4M | 11.2M | 3.8M | 1.8M | 3.2M | |
Common Stock Shares Outstanding | 2.0M | 2.0M | 2.5M | 3.5M | 105.2M | 110.5M | |
Liabilities And Stockholders Equity | 6.2M | 3.7M | 14.6M | 11.4M | 157.0M | 164.8M | |
Non Current Liabilities Total | 648.3K | 356.4K | 107.5K | 857.2K | 32.6M | 34.3M | |
Inventory | 376.2K | 642.5K | 213.5K | 129.9K | 149.4K | 223.5K | |
Other Current Assets | 33.2K | 659.8K | 316.8K | 5.0M | 1.2M | 1.0M | |
Other Stockholder Equity | 11.2M | 12.2M | 29.9M | 31.7M | 92.5M | 97.1M | |
Total Liab | 1.5M | 1.0M | 1.2M | 2.0M | 34.6M | 36.4M | |
Total Current Assets | 4.3M | 2.3M | 13.8M | 9.0M | 3.0M | 4.7M | |
Accumulated Other Comprehensive Income | (119.4K) | (1.7K) | 43.4K | (141.5K) | 1.2M | 1.2M | |
Short Term Debt | 339.3K | 430.4K | 712.5K | 811.2K | 615.6K | 432.9K | |
Common Stock | 56.1K | 20.8K | 31.4K | 51.5K | 2.0M | 2.1M | |
Property Plant Equipment | 32.4K | 1.1M | 765.5K | 709.6K | 816.1K | 496.2K | |
Net Invested Capital | 4.8M | 2.7M | 13.4M | 9.4M | 154.9M | 162.6M | |
Net Working Capital | 3.5M | 1.6M | 12.7M | 7.9M | 1.0M | 978.1K | |
Short Long Term Debt Total | 987.7K | 786.8K | 463.8K | 1.1M | 33.2M | 34.8M | |
Capital Stock | 56.1K | 20.8K | 31.4K | 51.5K | 2.0M | 2.1M |
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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 MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's 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 Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. 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. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Application Software 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 MMTEC. If investors know MMTEC 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 MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.008 | Quarterly Revenue Growth 2.895 | Return On Assets (0.04) | Return On Equity (0.07) |
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC's 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 MMTEC's market value can be influenced by many factors that don't directly affect MMTEC's 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 MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC's 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.