MYT Interest Expense vs Gross Profit 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 Interest Expense and its Gross Profit 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MYT Netherlands Parent Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between MYT Netherlands' Interest Expense and Gross Profit is -0.89. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit 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' Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of MYT Netherlands Parent are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., MYT Netherlands' Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of MYT Netherlands Parent minus its cost of goods sold. It is profit before MYT Netherlands operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 Expense | 998K | 2.8M | 4.8M | 4.9M | Depreciation And Amortization | 9.8M | 11.2M | 15.2M | 10.5M |
MYT Netherlands fundamental ratios Correlations
Click cells to compare fundamentals
MYT Netherlands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MYT Netherlands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 385.8M | 521.9M | 614.8M | 694.0M | 696.5M | 529.1M | |
Short Long Term Debt Total | 220.9M | 14.1M | 22.0M | 57.7M | 49.8M | 78.3M | |
Other Current Liab | 46.1M | 59.3M | 85.6M | 90.3M | 99.7M | 61.8M | |
Total Current Liabilities | 104.8M | 124.4M | 161.9M | 193.7M | 217.6M | 134.9M | |
Total Stockholder Equity | 64.4M | 385.7M | 431.7M | 447.4M | 435.6M | 287.1M | |
Property Plant And Equipment Net | 28.6M | 22.8M | 39.4M | 92.0M | 89.1M | 50.1M | |
Current Deferred Revenue | 6.8M | 11.0M | 10.7M | 11.4M | 17.1M | 9.3M | |
Net Debt | 211.5M | (62.6M) | (91.5M) | 27.5M | 34.7M | 51.4M | |
Retained Earnings | (28.2M) | (60.8M) | (68.7M) | (83.9M) | (112.8M) | (107.1M) | |
Accounts Payable | 36.2M | 43.6M | 45.2M | 71.1M | 85.3M | 50.1M | |
Cash | 9.4M | 76.8M | 113.5M | 30.1M | 15.1M | 14.4M | |
Non Current Assets Total | 183.5M | 178.4M | 201.0M | 253.9M | 253.6M | 224.0M | |
Non Currrent Assets Other | 184K | (183.5M) | 1K | 6.5M | 9.6M | 10.0M | |
Cash And Short Term Investments | 9.4M | 76.8M | 113.5M | 30.1M | 15.1M | 14.4M | |
Net Receivables | 4.8M | 5.9M | 8.3M | 7.5M | 12.9M | 7.5M | |
Liabilities And Stockholders Equity | 385.8M | 521.9M | 614.8M | 694.0M | 696.5M | 529.1M | |
Non Current Liabilities Total | 216.6M | 11.8M | 21.2M | 52.9M | 43.3M | 77.9M | |
Capital Lease Obligations | 19.7M | 14.1M | 22.0M | 57.7M | 49.8M | 31.5M | |
Inventory | 169.1M | 247.1M | 230.1M | 360.3M | 370.6M | 232.6M | |
Other Current Assets | 15.1M | 13.6M | 27.9M | 42.1M | 45.3M | 47.6M | |
Other Stockholder Equity | 118.9M | 1K | 500.4M | (4.0M) | (4.6M) | (4.4M) | |
Total Liab | 321.4M | 136.2M | 183.1M | 246.5M | 260.9M | 242.0M | |
Net Invested Capital | 265.6M | 385.7M | 431.7M | 447.4M | 435.6M | 363.2M | |
Property Plant And Equipment Gross | 28.6M | 22.8M | 39.4M | 92.0M | 157.6M | 165.5M | |
Total Current Assets | 202.3M | 343.5M | 413.8M | 440.0M | 442.9M | 305.1M | |
Accumulated Other Comprehensive Income | 92.6M | 446.6M | 500.4M | 531.3M | 548.4M | 351.3M | |
Net Working Capital | 97.4M | 233.4M | 251.9M | 246.4M | 225.3M | 172.2M | |
Short Term Debt | 15.8M | 5.4M | 5.2M | 8.2M | 9.3M | 8.4M | |
Intangible Assets | 16.1M | 16.7M | 16.3M | 16.4M | 16.1M | 17.9M | |
Other Liab | 11.5M | 17.3M | 4.4M | 3.4M | 3.0M | 2.9M | |
Net Tangible Assets | (90.6M) | 230.1M | 276.4M | 292.1M | 336.0M | 352.8M | |
Non Current Liabilities Other | 5.9M | 2K | 1K | (1K) | (900.0) | (855.0) | |
Property Plant Equipment | 28.6M | 22.8M | 39.4M | 92.0M | 105.8M | 111.1M | |
Short Term Investments | 1.8M | 816K | 414K | 15K | 13.5K | 12.8K |
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 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.