Mobile Intangible Assets vs Total Stockholder Equity Analysis

MBT Stock   1.40  0.05  3.70%   
Mobile Tornado financial indicator trend analysis is infinitely more than just investigating Mobile Tornado Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mobile Tornado Group is a good investment. Please check the relationship between Mobile Tornado Intangible Assets and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mobile Tornado Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mobile Tornado Group Intangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mobile Tornado's Intangible Assets and Total Stockholder Equity is 0.73. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Mobile Tornado Group, assuming nothing else is changed. The correlation between historical values of Mobile Tornado's Intangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Mobile Tornado Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., Mobile Tornado's Intangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Mobile Tornado's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mobile Tornado Group 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 Mobile Tornado Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 3.2 M, whereas Tax Provision is forecasted to decline to (84 K).
 2021 2022 2023 2024 (projected)
Interest Expense608K696K779K590.4K
Depreciation And Amortization297K212K120K114K

Mobile Tornado fundamental ratios Correlations

-0.23-0.13-0.170.490.470.09-0.01-0.360.360.00.770.52-0.270.77-0.19-0.31-0.31-0.06-0.3-0.25-0.34-0.120.660.10.47
-0.23-0.150.8-0.83-0.870.580.610.98-0.87-0.36-0.2-0.320.35-0.20.790.860.87-0.360.410.930.920.340.020.82-0.54
-0.13-0.150.060.130.13-0.04-0.37-0.15-0.08-0.370.04-0.21-0.060.04-0.040.250.26-0.310.010.1-0.210.150.040.13-0.16
-0.170.80.06-0.72-0.670.590.460.82-0.7-0.34-0.32-0.170.12-0.320.690.770.82-0.750.480.70.820.35-0.040.9-0.39
0.49-0.830.13-0.720.96-0.41-0.54-0.830.930.160.450.56-0.480.45-0.79-0.75-0.760.35-0.58-0.76-0.89-0.520.07-0.590.73
0.47-0.870.13-0.670.96-0.45-0.45-0.870.940.110.370.64-0.590.37-0.85-0.8-0.790.21-0.61-0.85-0.92-0.35-0.02-0.590.81
0.090.58-0.040.59-0.41-0.450.080.59-0.54-0.15-0.20.010.43-0.20.620.640.65-0.380.430.580.530.260.090.57-0.33
-0.010.61-0.370.46-0.54-0.450.080.54-0.42-0.410.00.08-0.070.00.170.220.29-0.32-0.130.370.490.41-0.10.54-0.02
-0.360.98-0.150.82-0.83-0.870.590.54-0.84-0.31-0.37-0.320.36-0.370.790.870.88-0.340.470.910.930.28-0.110.76-0.54
0.36-0.87-0.08-0.70.930.94-0.54-0.42-0.840.290.330.57-0.530.33-0.88-0.88-0.880.37-0.59-0.89-0.85-0.53-0.07-0.670.78
0.0-0.36-0.37-0.340.160.11-0.15-0.41-0.310.290.03-0.310.430.03-0.07-0.27-0.390.570.4-0.36-0.05-0.450.3-0.52-0.19
0.77-0.20.04-0.320.450.37-0.20.0-0.370.330.030.14-0.11.0-0.31-0.28-0.350.24-0.39-0.16-0.31-0.180.740.050.23
0.52-0.32-0.21-0.170.560.640.010.08-0.320.57-0.310.14-0.770.14-0.5-0.51-0.4-0.23-0.71-0.47-0.52-0.06-0.3-0.070.93
-0.270.35-0.060.12-0.48-0.590.43-0.070.36-0.530.43-0.1-0.77-0.10.550.50.380.320.730.480.510.040.380.07-0.86
0.77-0.20.04-0.320.450.37-0.20.0-0.370.330.031.00.14-0.1-0.31-0.28-0.350.24-0.39-0.16-0.31-0.180.740.050.23
-0.190.79-0.040.69-0.79-0.850.620.170.79-0.88-0.07-0.31-0.50.55-0.310.840.83-0.320.740.840.820.240.210.62-0.72
-0.310.860.250.77-0.75-0.80.640.220.87-0.88-0.27-0.28-0.510.5-0.280.840.98-0.360.640.940.840.340.110.73-0.72
-0.310.870.260.82-0.76-0.790.650.290.88-0.88-0.39-0.35-0.40.38-0.350.830.98-0.480.570.930.820.390.00.77-0.63
-0.06-0.36-0.31-0.750.350.21-0.38-0.32-0.340.370.570.24-0.230.320.24-0.32-0.36-0.48-0.08-0.25-0.28-0.510.16-0.72-0.04
-0.30.410.010.48-0.58-0.610.43-0.130.47-0.590.4-0.39-0.710.73-0.390.740.640.57-0.080.50.650.050.290.24-0.8
-0.250.930.10.7-0.76-0.850.580.370.91-0.89-0.36-0.16-0.470.48-0.160.840.940.93-0.250.50.840.270.130.74-0.67
-0.340.92-0.210.82-0.89-0.920.530.490.93-0.85-0.05-0.31-0.520.51-0.310.820.840.82-0.280.650.840.250.080.7-0.69
-0.120.340.150.35-0.52-0.350.260.410.28-0.53-0.45-0.18-0.060.04-0.180.240.340.39-0.510.050.270.25-0.130.38-0.22
0.660.020.04-0.040.07-0.020.09-0.1-0.11-0.070.30.74-0.30.380.740.210.110.00.160.290.130.08-0.130.18-0.29
0.10.820.130.9-0.59-0.590.570.540.76-0.67-0.520.05-0.070.070.050.620.730.77-0.720.240.740.70.380.18-0.3
0.47-0.54-0.16-0.390.730.81-0.33-0.02-0.540.78-0.190.230.93-0.860.23-0.72-0.72-0.63-0.04-0.8-0.67-0.69-0.22-0.29-0.3
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Mobile Tornado Account Relationship Matchups

Mobile Tornado fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M2.6M2.0M2.1M1.9M2.5M
Short Long Term Debt Total8.9M9.3M9.8M10.9M11.1M7.3M
Other Current Liab1.0M1.7M3.6M2.1M2.2M1.4M
Total Current Liabilities13.1M14.1M14.4M15.9M16.3M8.6M
Total Stockholder Equity(12.0M)(13.1M)(13.7M)(15.1M)(15.3M)(16.1M)
Net Tangible Assets(12.0M)(13.1M)(13.7M)(15.1M)(13.6M)(14.3M)
Property Plant And Equipment Net771K464K205K505K385K256.2K
Current Deferred Revenue(1.0M)(1.2M)2.0M2.1M2.1M2.2M
Net Debt8.6M9.1M9.7M10.8M10.9M5.7M
Retained Earnings(36.5M)(37.6M)(38.2M)(39.6M)(40.6M)(42.6M)
Accounts Payable4.5M836K924K878K943K895.9K
Cash264K187K65K145K186K176.7K
Non Current Assets Total821K476K205K505K385K434.1K
Cash And Short Term Investments264K187K65K145K186K176.7K
Net Receivables2.0M1.9M1.6M1.4M1.3M1.5M
Common Stock Shares Outstanding263.4M326.7M359.8M379.7M412.1M264.0M
Liabilities And Stockholders Equity3.2M2.6M2.0M2.1M1.9M2.5M
Non Current Liabilities Total2.1M1.6M1.3M1.4M942K894.9K
Other Current Assets2.0M1.9M1.6M1.3M1.5M1.3M
Other Stockholder Equity15.0M17.4M16.9M19.1M19.1M12.7M
Total Liab15.1M15.7M15.7M17.2M17.3M13.2M
Property Plant And Equipment Gross771K464K205K505K2.4M2.5M
Total Current Assets2.3M2.1M1.8M1.6M1.5M1.9M
Short Term Debt8.6M9.2M9.8M10.7M11.0M5.7M
Intangible Assets125K88K50K12K10.8K10.3K
Accumulated Other Comprehensive Income(2.2M)(2.2M)(2.2M)(2.3M)(2.2M)(2.1M)
Inventory108K56K67K25K13K13.7K
Other Liab1.8M1.5M1.2M1.1M968.4K1.6M
Short Long Term Debt8.3M8.9M9.7M10.6M10.8M7.3M
Property Plant Equipment771K464K205K505K580.8K381.3K
Net Invested Capital(3.7M)(4.1M)(4.0M)(4.5M)(4.5M)(4.7M)
Net Working Capital(10.7M)(12.0M)(12.7M)(14.3M)(14.8M)(15.5M)

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Other Information on Investing in Mobile Stock

Balance Sheet is a snapshot of the financial position of Mobile Tornado Group at a specified time, usually calculated after every quarter, six months, or one year. Mobile Tornado Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mobile Tornado and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mobile currently owns. An asset can also be divided into two categories, current and non-current.