MYT Change To Liabilities vs Net Income Analysis

MYTE Stock  USD 7.20  0.77  11.98%   
MYT Netherlands financial indicator trend analysis is infinitely more than just investigating MYT Netherlands Parent recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MYT Netherlands Parent is a good investment. Please check the relationship between MYT Netherlands Change To Liabilities and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYT Netherlands Parent. 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.

Change To Liabilities vs Net Income

Change To Liabilities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MYT Netherlands Parent Change To Liabilities account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MYT Netherlands' Change To Liabilities and Net Income is -0.61. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Net Income in the same time period over historical financial statements of MYT Netherlands Parent, assuming nothing else is changed. The correlation between historical values of MYT Netherlands' Change To Liabilities and Net 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 Change To Liabilities of MYT Netherlands Parent are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Liabilities i.e., MYT Netherlands' Change To Liabilities and Net Income go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Change To Liabilities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MYT Netherlands Parent financial statement analysis. It represents the amount of money remaining after all of MYT Netherlands Parent operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from MYT Netherlands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MYT Netherlands Parent 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 MYT Netherlands Parent. 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.
At present, MYT Netherlands' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense998K2.8M4.8M4.9M
Depreciation And Amortization9.8M11.2M15.2M10.5M

MYT Netherlands fundamental ratios Correlations

-0.760.990.990.960.780.96-0.71-0.850.950.470.820.090.90.470.89-0.43-0.89-0.36-0.80.660.980.91-0.20.350.99
-0.76-0.7-0.67-0.91-0.46-0.70.970.72-0.62-0.72-0.51-0.58-0.55-0.72-0.630.290.560.391.0-0.35-0.67-0.590.030.34-0.8
0.99-0.70.990.930.750.97-0.67-0.810.940.470.790.00.930.470.9-0.42-0.91-0.32-0.750.620.970.9-0.140.410.98
0.99-0.670.990.910.80.98-0.62-0.830.970.390.830.00.930.390.92-0.44-0.9-0.32-0.720.670.990.92-0.220.460.97
0.96-0.910.930.910.690.91-0.87-0.820.860.630.730.290.820.630.82-0.35-0.8-0.36-0.930.570.910.82-0.130.070.98
0.78-0.460.750.80.690.71-0.31-0.790.88-0.030.980.210.59-0.030.77-0.41-0.53-0.04-0.490.980.80.82-0.40.460.7
0.96-0.70.970.980.910.71-0.65-0.820.950.410.750.010.940.410.94-0.47-0.89-0.38-0.750.560.970.87-0.270.390.95
-0.710.97-0.67-0.62-0.87-0.31-0.650.61-0.51-0.87-0.36-0.46-0.56-0.87-0.540.180.590.360.97-0.2-0.6-0.51-0.150.38-0.78
-0.850.72-0.81-0.83-0.82-0.79-0.820.61-0.86-0.22-0.87-0.35-0.63-0.22-0.840.780.70.550.75-0.7-0.82-0.930.37-0.25-0.82
0.95-0.620.940.970.860.880.95-0.51-0.860.20.90.070.860.20.93-0.49-0.81-0.28-0.670.780.980.91-0.390.480.9
0.47-0.720.470.390.63-0.030.41-0.87-0.220.20.00.150.461.00.250.15-0.48-0.14-0.71-0.150.330.210.51-0.40.57
0.82-0.510.790.830.730.980.75-0.36-0.870.90.00.230.60.00.8-0.55-0.59-0.19-0.540.950.830.89-0.40.470.75
0.09-0.580.00.00.290.210.01-0.46-0.350.070.150.23-0.280.150.14-0.160.28-0.1-0.530.230.030.07-0.01-0.650.11
0.9-0.550.930.930.820.590.94-0.56-0.630.860.460.6-0.280.460.81-0.27-0.94-0.27-0.610.440.910.76-0.180.480.9
0.47-0.720.470.390.63-0.030.41-0.87-0.220.21.00.00.150.460.250.15-0.48-0.14-0.71-0.150.330.210.51-0.40.57
0.89-0.630.90.920.820.770.94-0.54-0.840.930.250.80.140.810.25-0.54-0.72-0.27-0.670.620.890.85-0.180.420.85
-0.430.29-0.42-0.44-0.35-0.41-0.470.180.78-0.490.15-0.55-0.16-0.270.15-0.540.450.770.31-0.35-0.43-0.720.42-0.35-0.4
-0.890.56-0.91-0.9-0.8-0.53-0.890.590.7-0.81-0.48-0.590.28-0.94-0.48-0.720.450.520.62-0.4-0.88-0.840.21-0.47-0.9
-0.360.39-0.32-0.32-0.36-0.04-0.380.360.55-0.28-0.14-0.19-0.1-0.27-0.14-0.270.770.520.40.03-0.36-0.520.4-0.06-0.4
-0.81.0-0.75-0.72-0.93-0.49-0.750.970.75-0.67-0.71-0.54-0.53-0.61-0.71-0.670.310.620.4-0.38-0.72-0.630.060.28-0.84
0.66-0.350.620.670.570.980.56-0.2-0.70.78-0.150.950.230.44-0.150.62-0.35-0.40.03-0.380.690.72-0.440.430.57
0.98-0.670.970.990.910.80.97-0.6-0.820.980.330.830.030.910.330.89-0.43-0.88-0.36-0.720.690.9-0.350.440.96
0.91-0.590.90.920.820.820.87-0.51-0.930.910.210.890.070.760.210.85-0.72-0.84-0.52-0.630.720.9-0.320.510.88
-0.20.03-0.14-0.22-0.13-0.4-0.27-0.150.37-0.390.51-0.4-0.01-0.180.51-0.180.420.210.40.06-0.44-0.35-0.32-0.27-0.15
0.350.340.410.460.070.460.390.38-0.250.48-0.40.47-0.650.48-0.40.42-0.35-0.47-0.060.280.430.440.51-0.270.26
0.99-0.80.980.970.980.70.95-0.78-0.820.90.570.750.110.90.570.85-0.4-0.9-0.4-0.840.570.960.88-0.150.26
Click cells to compare fundamentals

MYT Netherlands Account Relationship Matchups

MYT Netherlands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets385.8M521.9M614.8M694.0M696.5M529.1M
Short Long Term Debt Total220.9M14.1M22.0M57.7M49.8M78.3M
Other Current Liab46.1M59.3M85.6M90.3M99.7M61.8M
Total Current Liabilities104.8M124.4M161.9M193.7M217.6M134.9M
Total Stockholder Equity64.4M385.7M431.7M447.4M435.6M287.1M
Property Plant And Equipment Net28.6M22.8M39.4M92.0M89.1M50.1M
Current Deferred Revenue6.8M11.0M10.7M11.4M17.1M9.3M
Net Debt211.5M(62.6M)(91.5M)27.5M34.7M51.4M
Retained Earnings(28.2M)(60.8M)(68.7M)(83.9M)(112.8M)(107.1M)
Accounts Payable36.2M43.6M45.2M71.1M85.3M50.1M
Cash9.4M76.8M113.5M30.1M15.1M14.4M
Non Current Assets Total183.5M178.4M201.0M253.9M253.6M224.0M
Non Currrent Assets Other184K(183.5M)1K6.5M9.6M10.0M
Cash And Short Term Investments9.4M76.8M113.5M30.1M15.1M14.4M
Net Receivables4.8M5.9M8.3M7.5M12.9M7.5M
Liabilities And Stockholders Equity385.8M521.9M614.8M694.0M696.5M529.1M
Non Current Liabilities Total216.6M11.8M21.2M52.9M43.3M77.9M
Capital Lease Obligations19.7M14.1M22.0M57.7M49.8M31.5M
Inventory169.1M247.1M230.1M360.3M370.6M232.6M
Other Current Assets15.1M13.6M27.9M42.1M45.3M47.6M
Other Stockholder Equity118.9M1K500.4M(4.0M)(4.6M)(4.4M)
Total Liab321.4M136.2M183.1M246.5M260.9M242.0M
Net Invested Capital265.6M385.7M431.7M447.4M435.6M363.2M
Property Plant And Equipment Gross28.6M22.8M39.4M92.0M157.6M165.5M
Total Current Assets202.3M343.5M413.8M440.0M442.9M305.1M
Accumulated Other Comprehensive Income92.6M446.6M500.4M531.3M548.4M351.3M
Net Working Capital97.4M233.4M251.9M246.4M225.3M172.2M
Short Term Debt15.8M5.4M5.2M8.2M9.3M8.4M
Intangible Assets16.1M16.7M16.3M16.4M16.1M17.9M
Other Liab11.5M17.3M4.4M3.4M3.0M2.9M
Net Tangible Assets(90.6M)230.1M276.4M292.1M336.0M352.8M
Non Current Liabilities Other5.9M2K1K(1K)(900.0)(855.0)
Property Plant Equipment28.6M22.8M39.4M92.0M105.8M111.1M
Short Term Investments1.8M816K414K15K13.5K12.8K

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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 MYT Netherlands Parent is a strong investment it is important to analyze MYT Netherlands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYT Netherlands' future performance. For an informed investment choice regarding MYT Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYT Netherlands Parent. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Apparel, Accessories & Luxury Goods 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 MYT Netherlands. If investors know MYT 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 MYT Netherlands 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
(0.91)
Earnings Share
(0.44)
Revenue Per Share
9.687
Quarterly Revenue Growth
0.104
Return On Assets
(0.01)
The market value of MYT Netherlands Parent is measured differently than its book value, which is the value of MYT that is recorded on the company's balance sheet. Investors also form their own opinion of MYT Netherlands' value that differs from its market value or its book value, called intrinsic value, which is MYT Netherlands' 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 MYT Netherlands' market value can be influenced by many factors that don't directly affect MYT Netherlands' 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 MYT Netherlands' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYT Netherlands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYT Netherlands' 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.