Mindax Ebit vs Ebitda Analysis

MDX Stock

0.04 0.00 0.00%

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

Ebit vs Ebitda

Ebit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mindax Limited Ebit account and Ebitda. At this time, the significance of the direction appears to have totally related.

The correlation between Mindax's Ebit and Ebitda is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Mindax Limited, assuming nothing else is changed. The correlation between historical values of Mindax's Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Mindax Limited are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., Mindax's Ebit and Ebitda go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Ebit

Ebitda

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

Selling General Administrative is likely to drop to about 1 M in 2025. Tax Provision is likely to gain to about (139.6 K) in 2025

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	11.5K	64.3K	57.8K	60.7K
Total Revenue	2.0	3.0K	2.7K	2.6K

Depreciation And Amortization Total Revenue

Mindax fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Current Assets	Short Term Debt	Current Deferred Revenue	Other Liab
Total Assets		-0.41	0.31	0.89	0.73	0.43	0.13	0.35	0.62	0.54	0.32	0.47	0.34	0.86	-0.3	0.28	0.99	0.7	0.33	0.3	0.53	0.65	0.32	0.27	-0.2	-0.53
Other Current Liab	-0.41		0.39	-0.31	-0.42	-0.1	0.07	-0.21	-0.08	0.09	-0.11	0.19	0.03	-0.21	0.1	-0.08	-0.43	-0.64	0.07	-0.15	-0.49	-0.45	-0.14	0.07	-0.17	0.34
Total Current Liabilities	0.31	0.39		0.21	0.44	-0.2	0.3	-0.16	0.14	0.86	0.39	0.22	0.21	0.54	0.35	-0.17	0.34	0.07	0.4	-0.35	0.11	0.41	-0.33	0.19	-0.33	-0.1
Total Stockholder Equity	0.89	-0.31	0.21		0.39	0.64	0.27	0.52	0.73	0.25	0.31	0.68	0.49	0.71	-0.47	0.44	0.86	0.47	0.3	0.51	0.27	0.28	0.53	0.45	-0.24	-0.13
Accounts Payable	0.73	-0.42	0.44	0.39		-0.03	-0.22	-0.12	0.14	0.78	0.37	-0.14	-0.16	0.68	0.05	-0.14	0.77	0.81	0.26	-0.11	0.78	0.98	-0.1	-0.24	-0.05	-0.78
Cash	0.43	-0.1	-0.2	0.64	-0.03		0.09	0.35	0.47	-0.23	0.19	0.39	0.25	0.1	-0.89	0.28	0.34	0.26	0.12	0.91	0.15	-0.18	0.91	0.23	-0.17	0.14
Other Assets	0.13	0.07	0.3	0.27	-0.22	0.09		0.29	0.48	0.11	-0.11	0.62	0.83	0.26	0.1	0.31	0.12	-0.33	0.09	0.04	-0.49	-0.26	0.07	0.84	-0.15	0.19
Net Receivables	0.35	-0.21	-0.16	0.52	-0.12	0.35	0.29		0.53	-0.19	0.02	0.67	0.58	0.39	-0.21	0.37	0.32	-0.15	0.15	0.27	-0.13	-0.15	0.31	0.56	-0.19	0.12
Other Current Assets	0.62	-0.08	0.14	0.73	0.14	0.47	0.48	0.53		0.14	-0.34	0.82	0.64	0.69	-0.51	0.85	0.6	0.0	-0.24	0.56	-0.25	0.07	0.59	0.63	0.26	-0.03
Total Liab	0.54	0.09	0.86	0.25	0.78	-0.23	0.11	-0.19	0.14		0.34	0.07	0.09	0.7	0.34	-0.21	0.58	0.41	0.38	-0.36	0.43	0.77	-0.35	0.03	-0.24	-0.55
Common Stock	0.32	-0.11	0.39	0.31	0.37	0.19	-0.11	0.02	-0.34	0.34		-0.12	-0.12	0.13	0.15	-0.68	0.29	0.47	0.87	-0.17	0.61	0.3	-0.16	-0.15	-0.8	-0.07
Property Plant Equipment	0.47	0.19	0.22	0.68	-0.14	0.39	0.62	0.67	0.82	0.07	-0.12		0.82	0.59	-0.24	0.62	0.45	-0.27	0.15	0.3	-0.43	-0.21	0.35	0.82	-0.19	0.15
Short Long Term Debt Total	0.34	0.03	0.21	0.49	-0.16	0.25	0.83	0.58	0.64	0.09	-0.12	0.82		0.46	-0.03	0.47	0.32	-0.27	0.18	0.16	-0.45	-0.19	0.19	0.99	-0.22	0.1
Property Plant And Equipment Net	0.86	-0.21	0.54	0.71	0.68	0.1	0.26	0.39	0.69	0.7	0.13	0.59	0.46		-0.01	0.35	0.88	0.37	0.24	0.02	0.23	0.66	0.05	0.41	-0.11	-0.48
Net Debt	-0.3	0.1	0.35	-0.47	0.05	-0.89	0.1	-0.21	-0.51	0.34	0.15	-0.24	-0.03	-0.01		-0.49	-0.22	-0.21	0.29	-0.99	-0.08	0.18	-0.98	-0.03	-0.26	-0.13
Retained Earnings	0.28	-0.08	-0.17	0.44	-0.14	0.28	0.31	0.37	0.85	-0.21	-0.68	0.62	0.47	0.35	-0.49		0.29	-0.17	-0.62	0.54	-0.45	-0.16	0.55	0.49	0.61	0.11
Non Current Assets Total	0.99	-0.43	0.34	0.86	0.77	0.34	0.12	0.32	0.6	0.58	0.29	0.45	0.32	0.88	-0.22	0.29		0.7	0.3	0.22	0.53	0.7	0.24	0.25	-0.15	-0.57
Non Currrent Assets Other	0.7	-0.64	0.07	0.47	0.81	0.26	-0.33	-0.15	0.0	0.41	0.47	-0.27	-0.27	0.37	-0.21	-0.17	0.7		0.25	0.18	0.91	0.76	0.16	-0.35	-0.09	-0.61
Long Term Debt	0.33	0.07	0.4	0.3	0.26	0.12	0.09	0.15	-0.24	0.38	0.87	0.15	0.18	0.24	0.29	-0.62	0.3	0.25		-0.3	0.38	0.21	-0.28	0.14	-0.96	-0.16
Cash And Short Term Investments	0.3	-0.15	-0.35	0.51	-0.11	0.91	0.04	0.27	0.56	-0.36	-0.17	0.3	0.16	0.02	-0.99	0.54	0.22	0.18	-0.3		0.02	-0.22	1.0	0.15	0.26	0.17
Common Stock Shares Outstanding	0.53	-0.49	0.11	0.27	0.78	0.15	-0.49	-0.13	-0.25	0.43	0.61	-0.43	-0.45	0.23	-0.08	-0.45	0.53	0.91	0.38	0.02		0.73	0.0	-0.54	-0.22	-0.6
Non Current Liabilities Total	0.65	-0.45	0.41	0.28	0.98	-0.18	-0.26	-0.15	0.07	0.77	0.3	-0.21	-0.19	0.66	0.18	-0.16	0.7	0.76	0.21	-0.22	0.73		-0.22	-0.27	0.01	-0.79
Total Current Assets	0.32	-0.14	-0.33	0.53	-0.1	0.91	0.07	0.31	0.59	-0.35	-0.16	0.35	0.19	0.05	-0.98	0.55	0.24	0.16	-0.28	1.0	0.0	-0.22		0.19	0.24	0.18
Short Term Debt	0.27	0.07	0.19	0.45	-0.24	0.23	0.84	0.56	0.63	0.03	-0.15	0.82	0.99	0.41	-0.03	0.49	0.25	-0.35	0.14	0.15	-0.54	-0.27	0.19		-0.2	0.19
Current Deferred Revenue	-0.2	-0.17	-0.33	-0.24	-0.05	-0.17	-0.15	-0.19	0.26	-0.24	-0.8	-0.19	-0.22	-0.11	-0.26	0.61	-0.15	-0.09	-0.96	0.26	-0.22	0.01	0.24	-0.2		-0.05
Other Liab	-0.53	0.34	-0.1	-0.13	-0.78	0.14	0.19	0.12	-0.03	-0.55	-0.07	0.15	0.1	-0.48	-0.13	0.11	-0.57	-0.61	-0.16	0.17	-0.6	-0.79	0.18	0.19	-0.05

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Mindax Account Relationship Matchups

Mindax fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.3M	19.0M	19.3M	26.7M	30.7M	32.3M
Other Current Liab	1.3M	225.7K	1.9K	7.7K	6.9K	6.6K
Total Current Liabilities	396.8K	360.7K	274.0K	1.6M	1.5M	779.8K
Total Stockholder Equity	3.9M	18.6M	19.0M	17.7M	20.3M	11.1M
Accounts Payable	171.2K	360.7K	272.0K	1.6M	1.8M	1.9M
Cash	1.2M	1.7M	4.6M	520.0K	468.0K	444.6K
Net Receivables	16.0K	167.1K	51.6K	45.0K	40.5K	38.4K
Other Current Assets	8.6K	8.5K	18.5K	22.8K	20.5K	20.2K
Total Liab	396.8K	360.7K	274.0K	2.1M	1.9M	2.0M
Common Stock	48.6M	50.0M	55.4M	55.5M	63.9M	35.7M
Property Plant And Equipment Net	2.9M	487.8K	92.6K	26.1M	23.5M	24.7M
Net Debt	(1.2M)	(1.7M)	(4.6M)	(411.4K)	(473.1K)	(496.8K)
Retained Earnings	(45.6M)	(32.2M)	(37.8M)	(40.1M)	(36.1M)	(37.9M)
Non Current Assets Total	2.9M	17.3M	14.6M	26.1M	30.1M	31.6M
Cash And Short Term Investments	1.2M	1.7M	4.6M	520.0K	468.0K	444.6K
Common Stock Shares Outstanding	1.4B	1.9B	2.0B	2.0B	2.4B	2.5B
Liabilities And Stockholders Equity	4.3M	19.0M	19.3M	26.7M	30.7M	32.3M
Total Current Assets	1.4M	1.7M	4.7M	587.7K	529.0K	502.5K
Net Invested Capital	3.9M	18.6M	19.0M	17.7M	20.3M	13.3M
Property Plant And Equipment Gross	2.9M	488.8K	1.5M	26.1M	30.1M	31.6M
Capital Stock	48.6M	50.0M	55.4M	55.5M	63.9M	55.9M
Net Working Capital	967.5K	1.3M	4.4M	(1.1M)	(1.2M)	(1.2M)

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