Microlise Total Current Assets vs Net Debt 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 Total Current Assets and its Net Debt 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.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microlise Group PLC Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Microlise Group's Total Current Assets and Net Debt is -0.35. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt 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 Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Microlise Group PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Microlise Group's Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Expense	555.3K	312K	333K	285.8K
Depreciation And Amortization	3.7M	4.8M	5.5M	5.8M

Interest Expense Depreciation And Amortization

Microlise Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Debt	Cash	Cash And Short Term Investments	Other Liab	Net Tangible Assets	Net Receivables	Other Current Assets	Property Plant Equipment	Short Long Term Debt Total
Total Assets		-0.2	0.94	0.93	0.95	0.69	0.36	0.99	-0.49	0.98	0.79	0.91	0.79	0.64	0.97	0.76	-0.96	0.03	0.86	0.76	0.94	-0.86	-0.81	0.64	0.86	-0.58
Other Current Liab	-0.2		-0.27	-0.2	-0.09	-0.58	-0.89	-0.19	0.08	-0.21	-0.12	-0.16	-0.38	-0.85	-0.2	-0.17	0.09	-0.01	-0.18	-0.18	-0.19	0.19	0.1	-0.29	0.02	0.12
Total Current Liabilities	0.94	-0.27		0.87	0.89	0.74	0.48	0.88	-0.49	0.88	0.78	0.78	0.84	0.66	0.93	0.88	-0.83	-0.11	0.91	0.82	0.87	-0.74	-0.68	0.55	0.76	-0.57
Total Stockholder Equity	0.93	-0.2	0.87		0.86	0.82	0.28	0.92	-0.68	0.92	0.9	0.82	0.73	0.68	0.87	0.68	-0.9	-0.17	0.83	0.88	0.98	-0.75	-0.9	0.46	0.93	-0.78
Property Plant And Equipment Net	0.95	-0.09	0.89	0.86		0.6	0.3	0.91	-0.44	0.9	0.69	0.84	0.68	0.51	0.95	0.81	-0.9	0.02	0.82	0.73	0.86	-0.8	-0.78	0.6	0.81	-0.51
Retained Earnings	0.69	-0.58	0.74	0.82	0.6		0.5	0.65	-0.8	0.67	0.79	0.46	0.61	0.83	0.59	0.66	-0.54	-0.49	0.8	0.87	0.77	-0.39	-0.68	0.14	0.63	-0.85
Accounts Payable	0.36	-0.89	0.48	0.28	0.3	0.5		0.33	0.11	0.34	0.14	0.38	0.59	0.83	0.45	0.37	-0.28	0.25	0.25	0.22	0.28	-0.44	-0.14	0.58	0.09	0.04
Non Current Assets Total	0.99	-0.19	0.88	0.92	0.91	0.65	0.33		-0.44	1.0	0.77	0.95	0.78	0.65	0.95	0.63	-0.98	0.12	0.78	0.68	0.94	-0.9	-0.83	0.68	0.87	-0.55
Non Currrent Assets Other	-0.49	0.08	-0.49	-0.68	-0.44	-0.8	0.11	-0.44		-0.47	-0.75	-0.17	-0.23	-0.36	-0.31	-0.52	0.34	0.8	-0.74	-0.81	-0.62	0.05	0.6	0.32	-0.56	0.98
Good Will	0.98	-0.21	0.88	0.92	0.9	0.67	0.34	1.0	-0.47		0.79	0.94	0.79	0.67	0.93	0.62	-0.97	0.1	0.79	0.69	0.95	-0.88	-0.83	0.66	0.87	-0.57
Common Stock Shares Outstanding	0.79	-0.12	0.78	0.9	0.69	0.79	0.14	0.77	-0.75	0.79		0.64	0.69	0.56	0.71	0.62	-0.73	-0.37	0.84	0.89	0.89	-0.57	-0.65	0.24	0.78	-0.82
Non Current Liabilities Total	0.91	-0.16	0.78	0.82	0.84	0.46	0.38	0.95	-0.17	0.94	0.64		0.78	0.6	0.93	0.48	-0.98	0.4	0.58	0.51	0.85	-0.99	-0.74	0.86	0.8	-0.31
Inventory	0.79	-0.38	0.84	0.73	0.68	0.61	0.59	0.78	-0.23	0.79	0.69	0.78		0.72	0.82	0.58	-0.76	0.17	0.62	0.59	0.78	-0.79	-0.5	0.68	0.64	-0.35
Other Stockholder Equity	0.64	-0.85	0.66	0.68	0.51	0.83	0.83	0.65	-0.36	0.67	0.56	0.6	0.72		0.62	0.44	-0.57	0.0	0.54	0.56	0.67	-0.59	-0.55	0.52	0.49	-0.45
Total Liab	0.97	-0.2	0.93	0.87	0.95	0.59	0.45	0.95	-0.31	0.93	0.71	0.93	0.82	0.62		0.76	-0.95	0.18	0.78	0.69	0.88	-0.92	-0.73	0.76	0.8	-0.41
Total Current Assets	0.76	-0.17	0.88	0.68	0.81	0.66	0.37	0.63	-0.52	0.62	0.62	0.48	0.58	0.44	0.76		-0.57	-0.35	0.9	0.81	0.65	-0.45	-0.5	0.26	0.56	-0.54
Common Stock	-0.96	0.09	-0.83	-0.9	-0.9	-0.54	-0.28	-0.98	0.34	-0.97	-0.73	-0.98	-0.76	-0.57	-0.95	-0.57		-0.23	-0.69	-0.63	-0.92	0.94	0.83	-0.74	-0.89	0.47
Net Debt	0.03	-0.01	-0.11	-0.17	0.02	-0.49	0.25	0.12	0.8	0.1	-0.37	0.4	0.17	0.0	0.18	-0.35	-0.23		-0.45	-0.53	-0.1	-0.5	0.08	0.75	-0.04	0.71
Cash	0.86	-0.18	0.91	0.83	0.82	0.8	0.25	0.78	-0.74	0.79	0.84	0.58	0.62	0.54	0.78	0.9	-0.69	-0.45		0.9	0.82	-0.5	-0.64	0.22	0.7	-0.77
Cash And Short Term Investments	0.76	-0.18	0.82	0.88	0.73	0.87	0.22	0.68	-0.81	0.69	0.89	0.51	0.59	0.56	0.69	0.81	-0.63	-0.53	0.9		0.84	-0.44	-0.71	0.13	0.78	-0.87
Other Liab	0.94	-0.19	0.87	0.98	0.86	0.77	0.28	0.94	-0.62	0.95	0.89	0.85	0.78	0.67	0.88	0.65	-0.92	-0.1	0.82	0.84		-0.79	-0.86	0.51	0.95	-0.73
Net Tangible Assets	-0.86	0.19	-0.74	-0.75	-0.8	-0.39	-0.44	-0.9	0.05	-0.88	-0.57	-0.99	-0.79	-0.59	-0.92	-0.45	0.94	-0.5	-0.5	-0.44	-0.79		0.66	-0.92	-0.74	0.19
Net Receivables	-0.81	0.1	-0.68	-0.9	-0.78	-0.68	-0.14	-0.83	0.6	-0.83	-0.65	-0.74	-0.5	-0.55	-0.73	-0.5	0.83	0.08	-0.64	-0.71	-0.86	0.66		-0.4	-0.91	0.7
Other Current Assets	0.64	-0.29	0.55	0.46	0.6	0.14	0.58	0.68	0.32	0.66	0.24	0.86	0.68	0.52	0.76	0.26	-0.74	0.75	0.22	0.13	0.51	-0.92	-0.4		0.46	0.18
Property Plant Equipment	0.86	0.02	0.76	0.93	0.81	0.63	0.09	0.87	-0.56	0.87	0.78	0.8	0.64	0.49	0.8	0.56	-0.89	-0.04	0.7	0.78	0.95	-0.74	-0.91	0.46		-0.68
Short Long Term Debt Total	-0.58	0.12	-0.57	-0.78	-0.51	-0.85	0.04	-0.55	0.98	-0.57	-0.82	-0.31	-0.35	-0.45	-0.41	-0.54	0.47	0.71	-0.77	-0.87	-0.73	0.19	0.7	0.18	-0.68

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Microlise Group Account Relationship Matchups

Microlise Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	122.3M	123.3M	121.3M	126.1M	131.2M	77.2M
Other Current Liab	17.8M	(30.9M)	2.3M	1.1M	1.0M	962.7K
Total Current Liabilities	28.6M	32.0M	26.5M	30.0M	33.5M	22.9M
Total Stockholder Equity	56.1M	57.2M	71.5M	73.5M	75.7M	79.5M
Property Plant And Equipment Net	8.6M	7.9M	8.6M	8.3M	8.9M	5.7M
Retained Earnings	848K	57.1M	53.8M	55.7M	57.9M	60.8M
Accounts Payable	3.0M	29.1M	4.1M	4.6M	6.4M	6.6M
Non Current Assets Total	92.5M	89.2M	89.1M	88.8M	89.6M	48.0M
Non Currrent Assets Other	3.5M	4.4M	(52.8M)	(51.8M)	(46.6M)	(44.3M)
Good Will	1.5M	49.2M	52.3M	52.8M	54.3M	27.7M
Common Stock Shares Outstanding	81.1K	115.9M	51.1M	106.3M	116.1M	121.7M
Non Current Liabilities Total	37.6M	34.1M	23.3M	22.5M	22.0M	16.1M
Inventory	3.6M	3.9M	2.9M	2.6M	3.3M	2.9M
Other Stockholder Equity	556K	(892K)	55.2M	17.6M	20.3M	21.3M
Total Liab	66.2M	66.1M	49.8M	52.5M	55.5M	41.0M
Total Current Assets	29.8M	34.1M	32.2M	37.4M	41.6M	29.2M
Net Debt	8.9M	9.2M	(11.5M)	(14.9M)	(13.4M)	(12.8M)
Cash	10.1M	9.7M	13.2M	16.7M	16.8M	9.1M
Cash And Short Term Investments	10.1M	9.7M	13.2M	16.7M	19.2M	20.1M
Other Liab	21.9M	21.0M	22.3M	21.7M	25.0M	22.2M
Net Tangible Assets	(21.1M)	(18.9M)	(4.4M)	(1.6M)	(1.4M)	(1.5M)
Net Receivables	22.0M	18.8M	13.8M	15.8M	14.8M	13.8M
Other Current Assets	16.1M	20.5M	2.3M	2.3M	2.1M	2.0M
Property Plant Equipment	8.6M	7.9M	8.6M	8.3M	9.5M	9.1M
Other Assets	4.8M	808K	2.7M	4.1M	3.7M	3.0M
Liabilities And Stockholders Equity	122.3M	123.3M	121.3M	126.1M	145.1M	133.2M
Intangible Assets	24.8M	23.8M	76.0M	75.0M	21.9M	20.8M

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Microlise Total Current Assets vs Net Debt Analysis

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Debt

Microlise Group fundamental ratios Correlations

Microlise Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microlise Group fundamental ratios Accounts

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Good Will	+ 1.0	Non Current Assets Total
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Stockholder Equity
Short Long Term Debt Total	+ 0.98	Non Currrent Assets Other
Total Liab	+ 0.97	Total Assets

Net Tangible Assets	- 0.99	Non Current Liabilities Total
Common Stock	- 0.98	Non Current Liabilities Total
Common Stock	- 0.98	Non Current Assets Total
Common Stock	- 0.97	Good Will
Common Stock	- 0.96	Total Assets
Common Stock	- 0.95	Total Liab