Mercury Depreciation And Amortization vs Net Income From Continuing Ops Analysis

MCY Stock   5.24  0.05  0.95%   
Mercury NZ financial indicator trend analysis is infinitely more than just investigating Mercury NZ recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury NZ is a good investment. Please check the relationship between Mercury NZ Depreciation And Amortization and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury NZ. 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.

Depreciation And Amortization vs Net Income From Continuing Ops

Depreciation And Amortization vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury NZ Depreciation And Amortization account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak relationship.
The correlation between Mercury NZ's Depreciation And Amortization and Net Income From Continuing Ops is 0.38. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Mercury NZ, assuming nothing else is changed. The correlation between historical values of Mercury NZ's Depreciation And Amortization and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Mercury NZ are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Depreciation And Amortization i.e., Mercury NZ's Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income From Continuing Ops

Most indicators from Mercury NZ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercury NZ 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 Mercury NZ. 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 150.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 106 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense103M139M159.9M93.9M
Depreciation And Amortization344M350M402.5M243.2M

Mercury NZ fundamental ratios Correlations

0.990.20.931.01.0-0.710.98-0.020.960.41.00.020.360.83-0.35-0.8-0.42-0.160.530.830.88-0.21.01.00.89
0.990.230.910.990.99-0.731.0-0.060.940.360.99-0.030.320.82-0.33-0.76-0.42-0.20.50.840.86-0.090.990.990.86
0.20.230.410.220.17-0.650.2-0.530.210.350.21-0.280.460.17-0.15-0.54-0.4-0.08-0.120.140.150.210.190.170.19
0.930.910.410.920.91-0.820.89-0.080.950.540.92-0.010.520.75-0.26-0.85-0.37-0.010.410.680.84-0.110.930.910.83
1.00.990.220.921.0-0.720.97-0.040.960.431.00.010.380.84-0.37-0.81-0.45-0.170.530.830.89-0.210.991.00.89
1.00.990.170.911.0-0.690.98-0.020.960.391.00.020.340.84-0.36-0.78-0.43-0.180.540.840.88-0.21.01.00.89
-0.71-0.73-0.65-0.82-0.72-0.69-0.680.37-0.63-0.7-0.680.45-0.74-0.550.230.860.50.19-0.04-0.53-0.7-0.02-0.7-0.67-0.67
0.981.00.20.890.970.98-0.68-0.020.940.260.980.020.230.82-0.34-0.71-0.4-0.190.530.850.83-0.060.980.980.85
-0.02-0.06-0.53-0.08-0.04-0.020.37-0.020.05-0.37-0.020.31-0.37-0.010.180.30.390.390.15-0.07-0.09-0.380.0-0.02-0.09
0.960.940.210.950.960.96-0.630.940.050.340.970.180.30.83-0.31-0.75-0.33-0.010.590.770.85-0.190.970.960.86
0.40.360.350.540.430.39-0.70.26-0.370.340.36-0.460.960.21-0.07-0.72-0.29-0.09-0.160.110.52-0.330.380.370.43
1.00.990.210.921.01.0-0.680.98-0.020.970.360.070.320.85-0.37-0.79-0.43-0.150.570.840.87-0.191.01.00.89
0.02-0.03-0.28-0.010.010.020.450.020.310.18-0.460.07-0.550.38-0.440.16-0.110.250.80.270.13-0.110.030.050.21
0.360.320.460.520.380.34-0.740.23-0.370.30.960.32-0.550.16-0.05-0.71-0.30.07-0.250.070.48-0.280.330.310.38
0.830.820.170.750.840.84-0.550.82-0.010.830.210.850.380.16-0.75-0.7-0.71-0.110.840.960.91-0.190.830.840.97
-0.35-0.33-0.15-0.26-0.37-0.360.23-0.340.18-0.31-0.07-0.37-0.44-0.05-0.750.40.920.06-0.75-0.7-0.60.09-0.33-0.36-0.68
-0.8-0.76-0.54-0.85-0.81-0.780.86-0.710.3-0.75-0.72-0.790.16-0.71-0.70.40.570.09-0.31-0.65-0.780.35-0.78-0.78-0.8
-0.42-0.42-0.4-0.37-0.45-0.430.5-0.40.39-0.33-0.29-0.43-0.11-0.3-0.710.920.570.25-0.54-0.7-0.650.05-0.4-0.42-0.71
-0.16-0.2-0.08-0.01-0.17-0.180.19-0.190.39-0.01-0.09-0.150.250.07-0.110.060.090.250.02-0.25-0.09-0.14-0.15-0.19-0.13
0.530.5-0.120.410.530.54-0.040.530.150.59-0.160.570.8-0.250.84-0.75-0.31-0.540.020.780.64-0.20.530.560.73
0.830.840.140.680.830.84-0.530.85-0.070.770.110.840.270.070.96-0.7-0.65-0.7-0.250.780.84-0.130.830.840.91
0.880.860.150.840.890.88-0.70.83-0.090.850.520.870.130.480.91-0.6-0.78-0.65-0.090.640.84-0.230.870.880.98
-0.2-0.090.21-0.11-0.21-0.2-0.02-0.06-0.38-0.19-0.33-0.19-0.11-0.28-0.190.090.350.05-0.14-0.2-0.13-0.23-0.18-0.2-0.23
1.00.990.190.930.991.0-0.70.980.00.970.381.00.030.330.83-0.33-0.78-0.4-0.150.530.830.87-0.181.00.88
1.00.990.170.911.01.0-0.670.98-0.020.960.371.00.050.310.84-0.36-0.78-0.42-0.190.560.840.88-0.21.00.88
0.890.860.190.830.890.89-0.670.85-0.090.860.430.890.210.380.97-0.68-0.8-0.71-0.130.730.910.98-0.230.880.88
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Mercury NZ Account Relationship Matchups

Mercury NZ fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.0B9.6B9.4B9.8B11.3B7.9B
Short Long Term Debt Total1.5B2.0B1.9B1.9B2.2B1.5B
Other Current Liab268M306M233M447M514.1M433.4M
Total Current Liabilities1.1B1.3B952M1.3B1.5B767.9M
Total Stockholder Equity3.7B4.2B4.8B4.8B5.6B4.2B
Property Plant And Equipment Net6.8B8.1B8.1B8.2B9.5B6.8B
Current Deferred Revenue(726M)(789M)(961M)(719M)(647.1M)(679.5M)
Net Debt1.3B1.9B1.8B1.9B2.2B1.5B
Retained Earnings214M516M350M369M332.1M265.6M
Accounts Payable318M400M344M462M531.3M285.8M
Cash163M65M75M44M50.6M60.8M
Non Current Assets Total7.0B8.3B8.3B8.6B9.9B7.1B
Non Currrent Assets Other(7.0B)(8.3B)(8.3B)19M17.1M18.0M
Cash And Short Term Investments180M97M86M44M50.6M76.6M
Net Receivables308M468M412M598M687.7M722.1M
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.3B1.1B
Short Term Investments59M17M32M11M12.7M21.2M
Liabilities And Stockholders Equity8.0B9.7B9.4B9.8B11.3B7.9B
Non Current Liabilities Total1.0B1.4B1.5B3.7B4.2B4.4B
Other Current Assets380M369M261M388M446.2M468.5M
Total Liab3.8B4.9B4.6B4.9B5.7B3.7B
Property Plant And Equipment Gross6.9B8.2B8.2B8.7B10.0B6.9B
Total Current Assets875M979M839M1.2B1.3B1.4B
Accumulated Other Comprehensive Income3.7B3.9B4.1B4.1B4.7B3.4B
Short Term Debt471M561M375M383M440.5M321.4M
Other Liab1.3B1.6B2.1B2.1B2.4B1.6B
Net Tangible Assets3.7B4.1B4.7B4.7B5.4B4.1B
Other Assets92M126M393M286M328.9M167.9M
Long Term Debt1.0B1.4B1.5B1.6B1.8B1.2B
Long Term Investments91M73M80M69M62.1M121.0M
Short Long Term Debt471M561M375M383M344.7M331.5M
Property Plant Equipment5.9B6.8B8.1B8.1B9.3B6.7B
Net Invested Capital5.7B6.7B6.7B6.8B7.8B6.2B
Net Working Capital(182M)(271M)(113M)(142M)(163.3M)(171.5M)

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