Mistras Total Liab vs Property Plant And Equipment Net Analysis

MG Stock  USD 9.31  0.03  0.32%   
Mistras financial indicator trend analysis is infinitely more than just investigating Mistras Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mistras Group is a good investment. Please check the relationship between Mistras Total Liab and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras 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 price.

Total Liab vs Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mistras Group Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mistras' Total Liab and Property Plant And Equipment Net is 0.78. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Mistras Group, assuming nothing else is changed. The correlation between historical values of Mistras' Total Liab and Property Plant And Equipment Net 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 Liab of Mistras Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., Mistras' Total Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.
Most indicators from Mistras' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mistras 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 Mistras 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 price.
The current Selling General Administrative is estimated to decrease to about 121.2 M. The Mistras' current Tax Provision is estimated to increase to about (1.2 M)
 2021 2022 2023 2024 (projected)
Interest Expense10.9M10.5M16.8M17.6M
Depreciation And Amortization34.9M33.3M34.1M20.5M

Mistras fundamental ratios Correlations

0.910.970.90.770.520.880.890.440.780.750.990.520.320.890.750.820.990.650.710.850.520.650.760.910.34
0.910.860.820.480.30.830.990.180.750.730.940.560.480.980.730.60.930.450.490.970.680.620.710.980.44
0.970.860.940.80.450.910.820.440.790.760.940.460.350.820.760.860.950.70.770.780.490.650.830.850.41
0.90.820.940.660.270.920.80.190.830.730.870.550.580.750.730.760.860.730.810.740.580.740.810.830.57
0.770.480.80.660.750.70.410.70.580.520.690.1-0.080.440.520.930.720.820.830.340.110.40.520.430.06
0.520.30.450.270.750.370.270.730.190.30.48-0.08-0.370.290.30.60.520.490.440.21-0.10.120.150.24-0.32
0.880.830.910.920.70.370.80.230.890.650.840.320.460.740.650.820.830.770.780.70.650.620.730.780.49
0.890.990.820.80.410.270.80.160.730.680.920.570.480.970.680.550.910.390.430.980.690.580.70.980.44
0.440.180.440.190.70.730.230.160.140.180.38-0.15-0.650.20.180.630.450.220.240.14-0.33-0.050.30.17-0.48
0.780.750.790.830.580.190.890.730.140.480.760.380.440.690.480.730.720.680.710.660.720.540.560.730.45
0.750.730.760.730.520.30.650.680.180.480.730.440.50.741.00.550.750.490.530.670.240.770.610.720.38
0.990.940.940.870.690.480.840.920.380.760.730.60.360.930.730.730.990.580.640.910.560.660.740.940.35
0.520.560.460.550.1-0.080.320.57-0.150.380.440.60.530.590.440.060.530.170.210.660.420.640.390.670.29
0.320.480.350.58-0.08-0.370.460.48-0.650.440.50.360.530.430.50.050.30.280.360.480.630.620.40.520.83
0.890.980.820.750.440.290.740.970.20.690.740.930.590.430.740.540.920.370.410.980.630.60.660.970.37
0.750.730.760.730.520.30.650.680.180.481.00.730.440.50.740.550.750.490.530.670.240.770.610.720.38
0.820.60.860.760.930.60.820.550.630.730.550.730.060.050.540.550.770.80.850.450.290.370.660.550.23
0.990.930.950.860.720.520.830.910.450.720.750.990.530.30.920.750.770.570.630.890.50.610.740.930.33
0.650.450.70.730.820.490.770.390.220.680.490.580.170.280.370.490.80.570.950.260.390.480.430.380.38
0.710.490.770.810.830.440.780.430.240.710.530.640.210.360.410.530.850.630.950.330.430.50.550.450.48
0.850.970.780.740.340.210.70.980.140.660.670.910.660.480.980.670.450.890.260.330.650.60.670.990.39
0.520.680.490.580.11-0.10.650.69-0.330.720.240.560.420.630.630.240.290.50.390.430.650.310.370.660.64
0.650.620.650.740.40.120.620.58-0.050.540.770.660.640.620.60.770.370.610.480.50.60.310.540.660.32
0.760.710.830.810.520.150.730.70.30.560.610.740.390.40.660.610.660.740.430.550.670.370.540.730.4
0.910.980.850.830.430.240.780.980.170.730.720.940.670.520.970.720.550.930.380.450.990.660.660.730.44
0.340.440.410.570.06-0.320.490.44-0.480.450.380.350.290.830.370.380.230.330.380.480.390.640.320.40.44
Click cells to compare fundamentals

Mistras Account Relationship Matchups

Mistras fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets719.9M583.3M562.2M534.9M534.8M464.9M
Short Long Term Debt Total271.9M235.1M216.1M205.5M245.7M158.0M
Other Current Liab77.6M61.6M67.6M59.9M66.5M53.6M
Total Current Liabilities109.2M109.8M121.4M103.7M116.5M88.6M
Total Stockholder Equity285.8M197.0M200.7M198.5M190.2M202.9M
Other Liab26.7M17.9M8.4M10.5M12.1M15.5M
Property Plant And Equipment Net98.6M92.7M86.6M77.6M118.5M80.6M
Net Debt256.9M209.3M192.0M185.0M228.1M134.7M
Retained Earnings77.6M(21.8M)(18.0M)(11.5M)(28.9M)(27.5M)
Accounts Payable15.0M14.2M12.9M12.5M17.0M11.4M
Cash15.0M25.8M24.1M20.5M17.6M17.2M
Non Current Assets Total540.7M420.7M400.9M367.0M354.4M318.5M
Non Currrent Assets Other48.4M51.3M47.3M40.0M2.3M2.2M
Other Assets4.4M53.4M49.5M40.8M46.9M49.3M
Long Term Debt248.1M209.5M182.4M183.8M181.5M130.2M
Cash And Short Term Investments15.0M25.8M24.1M20.5M17.6M17.2M
Net Receivables136.0M107.6M109.5M123.7M132.8M115.0M
Good Will282.4M206.0M205.4M199.6M187.4M159.3M
Common Stock Total Equity289K292K295K298K342.7K274.7K
Common Stock Shares Outstanding29.0M29.1M30.1M30.2M30.3M29.9M
Liabilities And Stockholders Equity719.9M583.3M562.2M534.9M534.8M464.9M
Non Current Liabilities Total324.6M276.2M239.9M232.4M227.8M182.8M
Inventory13.4M13.1M12.7M13.6M15.3M12.8M
Other Current Assets14.7M32.1M30.1M10.2M14.6M13.9M
Other Stockholder Equity229.2M234.6M238.7M243.0M247.2M153.1M
Total Liab433.9M386.1M361.3M336.2M344.3M261.8M
Property Plant And Equipment Gross98.6M92.7M294.3M296.7M319.8M335.7M
Total Current Assets179.2M162.6M161.3M167.9M180.4M158.6M
Accumulated Other Comprehensive Income(21.3M)(16.1M)(20.3M)(33.4M)(28.3M)(26.9M)
Short Term Debt10.7M24.8M34.0M22.0M24.7M18.5M
Intangible Assets109.5M68.6M59.4M49.0M44.0M53.6M
Common Stock289K292K295K298K305K278.2K
Property Plant Equipment98.6M139.4M86.6M77.6M89.2M80.7M
Net Tangible Assets(106.1M)(77.6M)(64.1M)198.5M178.6M187.5M
Current Deferred Revenue5.9M6.5M6.2M7.5M7.1M5.5M
Noncontrolling Interest In Consolidated Entity200K198K229K299K343.9K234.5K
Retained Earnings Total Equity77.6M(21.8M)(18.0M)(11.5M)(10.3M)(9.8M)
Long Term Debt Total248.1M209.5M192.2M193.9M223.0M164.0M
Capital Surpluse229.2M234.6M238.7M243.0M279.5M240.1M
Capital Lease Obligations27.3M25.2M23.6M14.2M27.1M17.9M

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras 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 price.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mistras. If investors know Mistras will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
19
Earnings Share
0.35
Revenue Per Share
23.998
Quarterly Revenue Growth
0.019
Return On Assets
0.0467
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mistras' market value can be influenced by many factors that don't directly affect Mistras' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.