Morgan Property Plant And Equipment Gross vs Common Stock Shares Outstanding 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 Property Plant And Equipment Gross and its Common Stock Shares Outstanding 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.

Property Plant And Equipment Gross vs Common Stock Shares Outstanding

Property Plant And Equipment Gross vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morgan Advanced Materials Property Plant And Equipment Gross account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Morgan Advanced's Property Plant And Equipment Gross and Common Stock Shares Outstanding is 0.36. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Common Stock Shares Outstanding 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 Property Plant And Equipment Gross and Common Stock Shares Outstanding 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 Gross of Morgan Advanced Materials are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Gross i.e., Morgan Advanced's Property Plant And Equipment Gross and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Gross

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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
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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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