Morgan Non Current Assets Total vs Short Long Term Debt Total Analysis

MGAM Stock   272.50  0.50  0.18%   
Morgan Advanced financial indicator trend analysis is infinitely more than just investigating Morgan Advanced Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Morgan Advanced Materials is a good investment. Please check the relationship between Morgan Advanced Non Current Assets Total and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morgan Advanced Materials. 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.

Non Current Assets Total vs Short Long Term Debt Total

Non Current Assets Total vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morgan Advanced Materials Non Current Assets Total account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Morgan Advanced's Non Current Assets Total and Short Long Term Debt Total is 0.87. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Morgan Advanced Materials, assuming nothing else is changed. The correlation between historical values of Morgan Advanced's Non Current Assets Total and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Morgan Advanced Materials are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Current Assets Total i.e., Morgan Advanced's Non Current Assets Total and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Long Term Debt Total

Most indicators from Morgan Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Morgan Advanced Materials 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 Morgan Advanced Materials. 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, Morgan Advanced's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 20.5 M in 2025, whereas Selling General Administrative is likely to drop slightly above 3.9 M in 2025.
 2022 2024 2025 (projected)
Interest Expense9.4M20.7M21.7M
Depreciation And Amortization42.8M49.2M36.6M

Morgan Advanced fundamental ratios Correlations

0.920.810.820.60.910.860.190.740.640.98-0.080.640.950.960.670.910.030.860.90.410.960.250.950.010.24
0.920.670.770.560.870.910.210.610.730.87-0.070.730.830.840.650.86-0.030.80.820.430.940.330.830.110.13
0.810.670.570.550.590.660.190.670.420.780.090.420.750.780.610.850.310.60.690.390.81-0.10.760.280.34
0.820.770.570.230.80.71-0.060.690.560.8-0.170.560.730.740.320.65-0.170.670.870.190.770.680.73-0.230.23
0.60.560.550.230.640.380.850.120.630.51-0.210.630.50.520.580.76-0.040.510.180.80.72-0.260.510.230.14
0.910.870.590.80.640.750.360.570.710.86-0.190.710.850.850.550.85-0.270.830.760.560.920.30.85-0.180.11
0.860.910.660.710.380.75-0.010.810.390.840.220.390.820.820.490.810.040.750.850.240.820.270.820.1-0.03
0.190.210.19-0.060.850.36-0.01-0.20.470.08-0.180.470.070.10.370.42-0.060.08-0.230.860.37-0.410.070.270.02
0.740.610.670.690.120.570.81-0.20.040.780.40.040.750.770.320.640.190.570.850.060.620.160.750.030.01
0.640.730.420.560.630.710.390.470.040.56-0.521.00.520.520.650.59-0.130.540.440.570.750.30.520.080.32
0.980.870.780.80.510.860.840.080.780.56-0.080.560.950.960.690.850.10.840.930.270.90.260.95-0.080.31
-0.08-0.070.09-0.17-0.21-0.190.22-0.180.4-0.52-0.08-0.52-0.07-0.05-0.170.050.3-0.170.02-0.09-0.11-0.34-0.070.24-0.64
0.640.730.420.560.630.710.390.470.041.00.56-0.520.520.520.650.59-0.130.540.440.570.750.30.520.080.32
0.950.830.750.730.50.850.820.070.750.520.95-0.070.521.00.560.83-0.090.940.890.330.880.181.0-0.010.15
0.960.840.780.740.520.850.820.10.770.520.96-0.050.521.00.580.84-0.060.930.890.360.890.151.00.010.16
0.670.650.610.320.580.550.490.370.320.650.69-0.170.650.560.580.640.510.390.510.350.65-0.160.560.150.5
0.910.860.850.650.760.850.810.420.640.590.850.050.590.830.840.640.070.750.70.620.96-0.010.830.190.13
0.03-0.030.31-0.17-0.04-0.270.04-0.060.19-0.130.10.3-0.13-0.09-0.060.510.07-0.360.06-0.22-0.03-0.34-0.090.310.38
0.860.80.60.670.510.830.750.080.570.540.84-0.170.540.940.930.390.75-0.360.770.350.820.260.94-0.060.01
0.90.820.690.870.180.760.85-0.230.850.440.930.020.440.890.890.510.70.060.770.060.780.440.89-0.110.22
0.410.430.390.190.80.560.240.860.060.570.27-0.090.570.330.360.350.62-0.220.350.060.6-0.330.340.42-0.14
0.960.940.810.770.720.920.820.370.620.750.9-0.110.750.880.890.650.96-0.030.820.780.60.190.880.140.17
0.250.33-0.10.68-0.260.30.27-0.410.160.30.26-0.340.30.180.15-0.16-0.01-0.340.260.44-0.330.190.18-0.480.13
0.950.830.760.730.510.850.820.070.750.520.95-0.070.521.01.00.560.83-0.090.940.890.340.880.180.00.15
0.010.110.28-0.230.23-0.180.10.270.030.08-0.080.240.08-0.010.010.150.190.31-0.06-0.110.420.14-0.480.0-0.14
0.240.130.340.230.140.11-0.030.020.010.320.31-0.640.320.150.160.50.130.380.010.22-0.140.170.130.15-0.14
Click cells to compare fundamentals

Morgan Advanced Account Relationship Matchups

Morgan Advanced fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets945M925.4M1.0B1.0B1.2B908.6M
Short Long Term Debt Total303.4M223.8M318.1M356.8M410.3M269.5M
Other Current Liab94.2M118.6M119M116.1M133.5M98.5M
Total Current Liabilities279.7M227.8M283.4M239.5M275.4M288.4M
Total Stockholder Equity202.3M310.6M389M360.3M414.3M246.8M
Property Plant And Equipment Net303.1M280M316.8M325.4M374.2M320.6M
Net Debt155.6M96.5M200.4M232.3M267.1M173.2M
Retained Earnings600K109.1M170.9M170.8M153.7M161.4M
Accounts Payable62.3M61.8M78.6M78.1M89.8M99.5M
Cash147.8M127.3M117.7M124.5M143.2M96.3M
Non Current Assets Total528.6M494.8M535.9M530.8M610.4M472.2M
Non Currrent Assets Other(173.2M)(172.9M)(181.9M)9M8.1M8.5M
Cash And Short Term Investments147.8M127.3M117.7M124.5M143.2M96.3M
Common Stock Shares Outstanding286.2M284.7M287M287.3M330.4M271.0M
Liabilities And Stockholders Equity945M925.4M1.0B1.0B1.2B910.4M
Non Current Liabilities Total425.3M348.0M318.9M386.6M444.6M300.7M
Inventory122.4M140.7M174.2M175.1M201.4M142.8M
Other Current Assets21.3M22.8M32.5M34M30.6M29.1M
Total Liab705M575.8M602.3M626.1M720.0M627.2M
Property Plant And Equipment Gross303.1M908.9M1.0B1.0B1.2B1.2B
Total Current Assets416.4M430.6M496M493.9M568.0M433.8M
Accumulated Other Comprehensive Income18.7M18.5M35.1M6.5M7.5M7.8M
Intangible Assets185.4M183.1M189M4.7M5.4M5.1M
Current Deferred Revenue10M12.2M8.9M8.6M9.9M10.4M
Net Receivables124.9M139.8M171.6M160.3M184.3M157.5M
Good Will173.2M172.9M181.9M177.5M159.8M143.8M
Other Liab214M173.4M190.2M121.1M109.0M162.8M
Net Tangible Assets16.8M65.4M16.9M127.5M146.6M154.0M
Other Assets11.7M18.4M1.09.2M8.3M10.6M
Long Term Debt177.5M173.6M230.1M308.7M355.0M231.7M
Short Long Term Debt71.3M0.036.1M600K540K513K
Property Plant Equipment314.5M366.3M303.1M280M322M318.3M
Capital Lease Obligations54.6M49.8M51.9M47.1M54.2M37.0M
Net Invested Capital450.7M484.2M655.2M669.6M770.0M575.5M

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