Morgan Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morgan Advanced Materials Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Morgan Advanced's Total Current Liabilities and Other Stockholder Equity is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity 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 Current Liabilities of Morgan Advanced Materials are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Morgan Advanced's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Morgan Advanced balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Morgan Advanced Materials are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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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