Microlise Non Current Liabilities Total vs Common Stock Analysis

SAAS Stock   101.50  1.00  0.98%   
Microlise Group financial indicator trend analysis is infinitely more than just investigating Microlise Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microlise Group PLC is a good investment. Please check the relationship between Microlise Group Non Current Liabilities Total and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Microlise Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Common Stock

Non Current Liabilities Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microlise Group PLC Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Microlise Group's Non Current Liabilities Total and Common Stock is -0.98. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Microlise Group PLC, assuming nothing else is changed. The correlation between historical values of Microlise Group's Non Current Liabilities Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Microlise Group PLC are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., Microlise Group's Non Current Liabilities Total and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

Common Stock

Most indicators from Microlise Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microlise Group PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Microlise Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 977.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 25 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense555.3K312K333K285.8K
Depreciation And Amortization3.7M4.8M5.5M5.8M

Microlise Group fundamental ratios Correlations

-0.20.940.930.950.690.360.99-0.490.980.790.910.790.640.970.76-0.960.030.860.760.94-0.86-0.810.640.86-0.58
-0.2-0.27-0.2-0.09-0.58-0.89-0.190.08-0.21-0.12-0.16-0.38-0.85-0.2-0.170.09-0.01-0.18-0.18-0.190.190.1-0.290.020.12
0.94-0.270.870.890.740.480.88-0.490.880.780.780.840.660.930.88-0.83-0.110.910.820.87-0.74-0.680.550.76-0.57
0.93-0.20.870.860.820.280.92-0.680.920.90.820.730.680.870.68-0.9-0.170.830.880.98-0.75-0.90.460.93-0.78
0.95-0.090.890.860.60.30.91-0.440.90.690.840.680.510.950.81-0.90.020.820.730.86-0.8-0.780.60.81-0.51
0.69-0.580.740.820.60.50.65-0.80.670.790.460.610.830.590.66-0.54-0.490.80.870.77-0.39-0.680.140.63-0.85
0.36-0.890.480.280.30.50.330.110.340.140.380.590.830.450.37-0.280.250.250.220.28-0.44-0.140.580.090.04
0.99-0.190.880.920.910.650.33-0.441.00.770.950.780.650.950.63-0.980.120.780.680.94-0.9-0.830.680.87-0.55
-0.490.08-0.49-0.68-0.44-0.80.11-0.44-0.47-0.75-0.17-0.23-0.36-0.31-0.520.340.8-0.74-0.81-0.620.050.60.32-0.560.98
0.98-0.210.880.920.90.670.341.0-0.470.790.940.790.670.930.62-0.970.10.790.690.95-0.88-0.830.660.87-0.57
0.79-0.120.780.90.690.790.140.77-0.750.790.640.690.560.710.62-0.73-0.370.840.890.89-0.57-0.650.240.78-0.82
0.91-0.160.780.820.840.460.380.95-0.170.940.640.780.60.930.48-0.980.40.580.510.85-0.99-0.740.860.8-0.31
0.79-0.380.840.730.680.610.590.78-0.230.790.690.780.720.820.58-0.760.170.620.590.78-0.79-0.50.680.64-0.35
0.64-0.850.660.680.510.830.830.65-0.360.670.560.60.720.620.44-0.570.00.540.560.67-0.59-0.550.520.49-0.45
0.97-0.20.930.870.950.590.450.95-0.310.930.710.930.820.620.76-0.950.180.780.690.88-0.92-0.730.760.8-0.41
0.76-0.170.880.680.810.660.370.63-0.520.620.620.480.580.440.76-0.57-0.350.90.810.65-0.45-0.50.260.56-0.54
-0.960.09-0.83-0.9-0.9-0.54-0.28-0.980.34-0.97-0.73-0.98-0.76-0.57-0.95-0.57-0.23-0.69-0.63-0.920.940.83-0.74-0.890.47
0.03-0.01-0.11-0.170.02-0.490.250.120.80.1-0.370.40.170.00.18-0.35-0.23-0.45-0.53-0.1-0.50.080.75-0.040.71
0.86-0.180.910.830.820.80.250.78-0.740.790.840.580.620.540.780.9-0.69-0.450.90.82-0.5-0.640.220.7-0.77
0.76-0.180.820.880.730.870.220.68-0.810.690.890.510.590.560.690.81-0.63-0.530.90.84-0.44-0.710.130.78-0.87
0.94-0.190.870.980.860.770.280.94-0.620.950.890.850.780.670.880.65-0.92-0.10.820.84-0.79-0.860.510.95-0.73
-0.860.19-0.74-0.75-0.8-0.39-0.44-0.90.05-0.88-0.57-0.99-0.79-0.59-0.92-0.450.94-0.5-0.5-0.44-0.790.66-0.92-0.740.19
-0.810.1-0.68-0.9-0.78-0.68-0.14-0.830.6-0.83-0.65-0.74-0.5-0.55-0.73-0.50.830.08-0.64-0.71-0.860.66-0.4-0.910.7
0.64-0.290.550.460.60.140.580.680.320.660.240.860.680.520.760.26-0.740.750.220.130.51-0.92-0.40.460.18
0.860.020.760.930.810.630.090.87-0.560.870.780.80.640.490.80.56-0.89-0.040.70.780.95-0.74-0.910.46-0.68
-0.580.12-0.57-0.78-0.51-0.850.04-0.550.98-0.57-0.82-0.31-0.35-0.45-0.41-0.540.470.71-0.77-0.87-0.730.190.70.18-0.68
Click cells to compare fundamentals

Microlise Group Account Relationship Matchups

Microlise Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets122.3M123.3M121.3M126.1M131.2M77.2M
Other Current Liab17.8M(30.9M)2.3M1.1M1.0M962.7K
Total Current Liabilities28.6M32.0M26.5M30.0M33.5M22.9M
Total Stockholder Equity56.1M57.2M71.5M73.5M75.7M79.5M
Property Plant And Equipment Net8.6M7.9M8.6M8.3M8.9M5.7M
Retained Earnings848K57.1M53.8M55.7M57.9M60.8M
Accounts Payable3.0M29.1M4.1M4.6M6.4M6.6M
Non Current Assets Total92.5M89.2M89.1M88.8M89.6M48.0M
Non Currrent Assets Other3.5M4.4M(52.8M)(51.8M)(46.6M)(44.3M)
Good Will1.5M49.2M52.3M52.8M54.3M27.7M
Common Stock Shares Outstanding81.1K115.9M51.1M106.3M116.1M121.7M
Non Current Liabilities Total37.6M34.1M23.3M22.5M22.0M16.1M
Inventory3.6M3.9M2.9M2.6M3.3M2.9M
Other Stockholder Equity556K(892K)55.2M17.6M20.3M21.3M
Total Liab66.2M66.1M49.8M52.5M55.5M41.0M
Total Current Assets29.8M34.1M32.2M37.4M41.6M29.2M
Net Debt8.9M9.2M(11.5M)(14.9M)(13.4M)(12.8M)
Cash10.1M9.7M13.2M16.7M16.8M9.1M
Cash And Short Term Investments10.1M9.7M13.2M16.7M19.2M20.1M
Other Liab21.9M21.0M22.3M21.7M25.0M22.2M
Net Tangible Assets(21.1M)(18.9M)(4.4M)(1.6M)(1.4M)(1.5M)
Net Receivables22.0M18.8M13.8M15.8M14.8M13.8M
Other Current Assets16.1M20.5M2.3M2.3M2.1M2.0M
Property Plant Equipment8.6M7.9M8.6M8.3M9.5M9.1M
Other Assets4.8M808K2.7M4.1M3.7M3.0M
Liabilities And Stockholders Equity122.3M123.3M121.3M126.1M145.1M133.2M
Intangible Assets24.8M23.8M76.0M75.0M21.9M20.8M

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.

Additional Tools for Microlise Stock Analysis

When running Microlise Group's price analysis, check to measure Microlise Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microlise Group is operating at the current time. Most of Microlise Group's value examination focuses on studying past and present price action to predict the probability of Microlise Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microlise Group's price. Additionally, you may evaluate how the addition of Microlise Group to your portfolios can decrease your overall portfolio volatility.