Minnova Property Plant And Equipment Net vs Current Deferred Revenue Analysis

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Minnova Corp financial indicator trend analysis is infinitely more than just investigating Minnova Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minnova Corp is a good investment. Please check the relationship between Minnova Corp Property Plant And Equipment Net and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minnova Corp. 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.

Property Plant And Equipment Net vs Current Deferred Revenue

Property Plant And Equipment Net vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minnova Corp Property Plant And Equipment Net account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Minnova Corp's Property Plant And Equipment Net and Current Deferred Revenue is -0.08. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Minnova Corp, assuming nothing else is changed. The correlation between historical values of Minnova Corp's Property Plant And Equipment Net and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Minnova Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Net i.e., Minnova Corp's Property Plant And Equipment Net and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Minnova Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minnova Corp 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 Minnova Corp. 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.

At this time, Minnova Corp's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.6 M in 2024, despite the fact that Discontinued Operations is likely to grow to (71.5 K).

Minnova Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt Total	Short Term Debt	Other Liab	Net Tangible Assets	Current Deferred Revenue	Other Assets	Short Long Term Debt	Common Stock
Total Assets		-0.02	0.33	0.98	1.0	-0.04	0.62	0.37	0.3	1.0	0.18	0.79	-0.38	0.34	0.4	0.47	0.23	0.17	-0.01	-0.01	0.07	0.67	-0.07	0.56	-0.05	-0.16
Other Current Liab	-0.02		-0.23	-0.02	-0.02	-0.41	-0.54	-0.44	-0.01	-0.02	0.04	0.13	0.6	-0.23	0.02	0.11	-0.38	0.34	-0.72	-0.72	0.23	0.05	-0.74	-0.25	-0.75	0.69
Total Current Liabilities	0.33	-0.23		0.15	0.33	0.75	0.24	0.78	0.21	0.33	0.2	0.55	-0.39	0.72	0.9	0.23	0.07	0.48	0.62	0.62	0.23	0.26	0.57	0.45	0.56	-0.56
Total Stockholder Equity	0.98	-0.02	0.15		0.98	-0.18	0.66	0.23	0.28	0.98	0.15	0.71	-0.38	0.22	0.2	0.45	0.23	0.01	-0.09	-0.09	-0.02	0.69	-0.14	0.54	-0.12	-0.12
Property Plant And Equipment Net	1.0	-0.02	0.33	0.98		-0.02	0.61	0.36	0.26	1.0	0.14	0.77	-0.37	0.3	0.39	0.43	0.2	0.18	-0.02	-0.02	0.08	0.67	-0.08	0.55	-0.06	-0.15
Net Debt	-0.04	-0.41	0.75	-0.18	-0.02		0.1	0.45	-0.32	-0.03	-0.35	0.01	-0.26	0.28	0.59	-0.34	-0.27	0.26	0.69	0.69	0.38	-0.07	0.65	0.17	0.64	-0.43
Retained Earnings	0.62	-0.54	0.24	0.66	0.61	0.1		0.35	0.31	0.62	0.16	0.5	-0.91	0.42	-0.01	0.36	0.43	-0.48	0.53	0.53	-0.09	0.69	0.52	0.82	0.55	-0.73
Accounts Payable	0.37	-0.44	0.78	0.23	0.36	0.45	0.35		0.29	0.37	0.26	0.57	-0.51	0.68	0.75	0.26	0.57	0.41	0.58	0.58	0.09	0.27	0.58	0.48	0.58	-0.58
Cash	0.3	-0.01	0.21	0.28	0.26	-0.32	0.31	0.29		0.27	0.98	0.51	-0.4	0.79	0.19	0.97	0.49	-0.01	0.2	0.2	-0.14	0.24	0.18	0.32	0.2	-0.35
Non Current Assets Total	1.0	-0.02	0.33	0.98	1.0	-0.03	0.62	0.37	0.27		0.14	0.77	-0.37	0.31	0.4	0.44	0.21	0.18	-0.02	-0.02	0.07	0.67	-0.07	0.55	-0.06	-0.15
Cash And Short Term Investments	0.18	0.04	0.2	0.15	0.14	-0.35	0.16	0.26	0.98	0.14		0.42	-0.26	0.75	0.19	0.93	0.45	0.03	0.14	0.14	-0.23	0.12	0.13	0.2	0.14	-0.28
Net Receivables	0.79	0.13	0.55	0.71	0.77	0.01	0.5	0.57	0.51	0.77	0.42		-0.47	0.59	0.58	0.63	0.43	0.28	0.16	0.16	0.11	0.74	0.11	0.7	0.12	-0.35
Common Stock Shares Outstanding	-0.38	0.6	-0.39	-0.38	-0.37	-0.26	-0.91	-0.51	-0.4	-0.37	-0.26	-0.47		-0.59	-0.1	-0.38	-0.49	0.42	-0.75	-0.75	-0.01	-0.59	-0.75	-0.85	-0.77	0.9
Other Stockholder Equity	0.34	-0.23	0.72	0.22	0.3	0.28	0.42	0.68	0.79	0.31	0.75	0.59	-0.59		0.61	0.76	0.4	0.21	0.61	0.61	0.1	0.27	0.58	0.5	0.59	-0.66
Total Liab	0.4	0.02	0.9	0.2	0.39	0.59	-0.01	0.75	0.19	0.4	0.19	0.58	-0.1	0.61		0.23	0.06	0.79	0.33	0.33	0.38	0.15	0.27	0.23	0.27	-0.23
Total Current Assets	0.47	0.11	0.23	0.45	0.43	-0.34	0.36	0.26	0.97	0.44	0.93	0.63	-0.38	0.76	0.23		0.41	0.02	0.1	0.1	-0.13	0.37	0.07	0.39	0.09	-0.29
Non Currrent Assets Other	0.23	-0.38	0.07	0.23	0.2	-0.27	0.43	0.57	0.49	0.21	0.45	0.43	-0.49	0.4	0.06	0.41		-0.04	0.35	0.35	-0.14	0.26	0.39	0.4	0.4	-0.46
Non Current Liabilities Total	0.17	0.34	0.48	0.01	0.18	0.26	-0.48	0.41	-0.01	0.18	0.03	0.28	0.42	0.21	0.79	0.02	-0.04		-0.14	-0.14	0.49	-0.16	-0.18	-0.24	-0.2	0.29
Short Long Term Debt Total	-0.01	-0.72	0.62	-0.09	-0.02	0.69	0.53	0.58	0.2	-0.02	0.14	0.16	-0.75	0.61	0.33	0.1	0.35	-0.14		1.0	0.17	0.1	0.99	0.49	0.99	-0.87
Short Term Debt	-0.01	-0.72	0.62	-0.09	-0.02	0.69	0.53	0.58	0.2	-0.02	0.14	0.16	-0.75	0.61	0.33	0.1	0.35	-0.14	1.0		0.17	0.1	0.99	0.49	0.99	-0.87
Other Liab	0.07	0.23	0.23	-0.02	0.08	0.38	-0.09	0.09	-0.14	0.07	-0.23	0.11	-0.01	0.1	0.38	-0.13	-0.14	0.49	0.17	0.17		0.06	0.11	0.09	0.11	0.07
Net Tangible Assets	0.67	0.05	0.26	0.69	0.67	-0.07	0.69	0.27	0.24	0.67	0.12	0.74	-0.59	0.27	0.15	0.37	0.26	-0.16	0.1	0.1	0.06		0.07	0.91	0.09	-0.39
Current Deferred Revenue	-0.07	-0.74	0.57	-0.14	-0.08	0.65	0.52	0.58	0.18	-0.07	0.13	0.11	-0.75	0.58	0.27	0.07	0.39	-0.18	0.99	0.99	0.11	0.07		0.46	1.0	-0.87
Other Assets	0.56	-0.25	0.45	0.54	0.55	0.17	0.82	0.48	0.32	0.55	0.2	0.7	-0.85	0.5	0.23	0.39	0.4	-0.24	0.49	0.49	0.09	0.91	0.46		0.48	-0.71
Short Long Term Debt	-0.05	-0.75	0.56	-0.12	-0.06	0.64	0.55	0.58	0.2	-0.06	0.14	0.12	-0.77	0.59	0.27	0.09	0.4	-0.2	0.99	0.99	0.11	0.09	1.0	0.48		-0.88
Common Stock	-0.16	0.69	-0.56	-0.12	-0.15	-0.43	-0.73	-0.58	-0.35	-0.15	-0.28	-0.35	0.9	-0.66	-0.23	-0.29	-0.46	0.29	-0.87	-0.87	0.07	-0.39	-0.87	-0.71	-0.88

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Minnova Corp Account Relationship Matchups

Minnova Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.4M	20.9M	21.2M	383.1K	222.1K	211.0K
Other Current Liab	603.2K	769.7K	281.8K	890.9K	1.0M	545.2K
Total Current Liabilities	1.8M	1.6M	790.4K	890.9K	1.3M	2.0M
Total Stockholder Equity	14.2M	16.2M	17.5M	(4.0M)	(4.4M)	(4.2M)
Property Plant And Equipment Net	19.2M	20.4M	20.9M	207.8K	193.4K	183.7K
Net Debt	(21.0K)	(131.5K)	(138.0K)	(41.7K)	115.8K	94.7K
Retained Earnings	(9.1M)	(10.1M)	(9.2M)	(31.1M)	(31.1M)	(29.6M)
Accounts Payable	1.2M	851.2K	508.6K	521.6K	832.0K	830.2K
Cash	21.0K	131.5K	138.0K	129.7K	1.4K	1.3K
Non Current Assets Total	19.2M	20.5M	20.9M	207.8K	193.4K	183.7K
Cash And Short Term Investments	21.0K	131.5K	138.0K	129.7K	116.8K	180.9K
Net Receivables	110.3K	142.7K	54.8K	42.3K	27.4K	26.0K
Common Stock Shares Outstanding	32.5M	38.3M	45.7M	58.2M	70.0M	73.5M
Liabilities And Stockholders Equity	19.4M	20.9M	21.2M	383.1K	440.6K	418.6K
Other Stockholder Equity	1.7M	2.5M	2.1M	1.7M	1.6M	1.5M
Total Liab	5.2M	4.7M	3.7M	4.4M	4.6M	4.7M
Total Current Assets	142.4K	453.1K	337.1K	175.4K	28.7K	27.3K
Non Current Liabilities Total	3.4M	3.1M	2.9M	3.5M	3.3M	3.4M
Accumulated Other Comprehensive Income	1.7M	2.5M	2.1M	1.7M	2.0M	2.3M
Other Liab	3.4M	3.1M	2.9M	3.5M	3.2M	2.5M
Net Tangible Assets	14.2M	16.2M	(3.1M)	(4.0M)	(3.6M)	(3.5M)
Common Stock	21.5M	23.9M	24.6M	25.3M	29.1M	21.8M
Property Plant Equipment	19.2M	20.4M	224.0K	207.8K	187.0K	177.6K
Net Invested Capital	14.2M	16.2M	17.5M	(4.0M)	(4.3M)	(4.0M)
Net Working Capital	(1.7M)	(1.2M)	(453.3K)	(715.6K)	(1.3M)	(1.3M)
Capital Stock	21.5M	23.9M	24.6M	25.3M	25.3M	26.0M

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