MeiraGTx Non Current Liabilities Total vs Non Current Assets Total Analysis

MGTX Stock

USD 6.70 0.10 1.52%

MeiraGTx Holdings financial indicator trend analysis is infinitely more than just investigating MeiraGTx Holdings PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MeiraGTx Holdings PLC is a good investment. Please check the relationship between MeiraGTx Holdings Non Current Liabilities Total and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MeiraGTx Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MeiraGTx Holdings PLC Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between MeiraGTx Holdings' Non Current Liabilities Total and Non Current Assets Total is 0.85. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of MeiraGTx Holdings PLC, assuming nothing else is changed. The correlation between historical values of MeiraGTx Holdings' Non Current Liabilities Total and Non Current Assets 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 Liabilities Total of MeiraGTx Holdings PLC are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., MeiraGTx Holdings' Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Non Current Liabilities Total

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.

Most indicators from MeiraGTx Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MeiraGTx Holdings PLC 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 MeiraGTx Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, MeiraGTx Holdings' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 336 M in 2025, whereas Selling General Administrative is likely to drop slightly above 39.6 M in 2025.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	8.7M	13.7M	15.8M	16.6M
Interest Income	777K	2.2M	2.5M	2.6M

Depreciation And Amortization Interest Income

MeiraGTx Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity
Total Assets		0.75	0.88	0.96	0.96	0.93	0.94	0.87	0.66	-0.63	-0.88	0.82	0.94	0.86	0.71	0.42	0.61	0.94	0.97	0.9	0.61	0.83	0.98	0.98	0.87	0.96
Short Long Term Debt Total	0.75		0.92	0.83	0.58	0.54	0.54	0.95	0.1	-0.02	-0.94	0.84	0.56	0.95	0.92	0.02	0.98	0.56	0.79	0.84	0.98	0.87	0.79	0.68	0.7	0.83
Other Current Liab	0.88	0.92		0.88	0.78	0.73	0.75	0.95	0.31	-0.3	-0.93	0.82	0.75	0.95	0.87	0.4	0.84	0.75	0.86	0.88	0.84	0.86	0.88	0.83	0.8	0.89
Total Current Liabilities	0.96	0.83	0.88		0.85	0.83	0.82	0.92	0.57	-0.42	-0.93	0.94	0.81	0.92	0.72	0.26	0.71	0.81	0.97	0.91	0.71	0.9	0.97	0.94	0.91	0.96
Total Stockholder Equity	0.96	0.58	0.78	0.85		0.94	1.0	0.75	0.75	-0.79	-0.76	0.66	0.97	0.74	0.59	0.53	0.43	0.97	0.91	0.78	0.42	0.65	0.91	0.94	0.82	0.88
Other Liab	0.93	0.54	0.73	0.83	0.94		0.94	0.69	0.78	-0.82	-0.68	0.6	0.97	0.68	0.56	0.46	0.36	0.97	0.83	0.72	0.36	0.69	0.84	0.96	0.7	0.8
Net Tangible Assets	0.94	0.54	0.75	0.82	1.0	0.94		0.72	0.79	-0.82	-0.73	0.62	0.97	0.71	0.55	0.55	0.38	0.97	0.88	0.74	0.38	0.6	0.89	0.93	0.81	0.85
Property Plant And Equipment Net	0.87	0.95	0.95	0.92	0.75	0.69	0.72		0.31	-0.21	-0.98	0.91	0.69	1.0	0.89	0.16	0.88	0.69	0.9	0.9	0.88	0.85	0.9	0.82	0.86	0.92
Current Deferred Revenue	0.66	0.1	0.31	0.57	0.75	0.78	0.79	0.31		-0.87	-0.33	0.34	0.77	0.3	0.02	0.49	-0.08	0.77	0.57	0.29	-0.08	0.28	0.58	0.72	0.57	0.49
Net Debt	-0.63	-0.02	-0.3	-0.42	-0.79	-0.82	-0.82	-0.21	-0.87		0.23	-0.12	-0.84	-0.21	-0.1	-0.61	0.16	-0.84	-0.48	-0.3	0.16	-0.21	-0.49	-0.67	-0.38	-0.43
Retained Earnings	-0.88	-0.94	-0.93	-0.93	-0.76	-0.68	-0.73	-0.98	-0.33	0.23		-0.92	-0.71	-0.98	-0.87	-0.14	-0.88	-0.71	-0.93	-0.92	-0.88	-0.87	-0.93	-0.82	-0.86	-0.95
Accounts Payable	0.82	0.84	0.82	0.94	0.66	0.6	0.62	0.91	0.34	-0.12	-0.92		0.58	0.91	0.72	0.08	0.77	0.58	0.9	0.89	0.77	0.88	0.89	0.77	0.88	0.9
Cash	0.94	0.56	0.75	0.81	0.97	0.97	0.97	0.69	0.77	-0.84	-0.71	0.58		0.69	0.58	0.51	0.4	1.0	0.85	0.73	0.4	0.67	0.86	0.93	0.7	0.83
Non Current Assets Total	0.86	0.95	0.95	0.92	0.74	0.68	0.71	1.0	0.3	-0.21	-0.98	0.91	0.69		0.9	0.15	0.88	0.69	0.9	0.9	0.88	0.85	0.9	0.82	0.86	0.92
Non Currrent Assets Other	0.71	0.92	0.87	0.72	0.59	0.56	0.55	0.89	0.02	-0.1	-0.87	0.72	0.58	0.9		0.04	0.89	0.58	0.73	0.83	0.89	0.78	0.73	0.64	0.58	0.78
Other Assets	0.42	0.02	0.4	0.26	0.53	0.46	0.55	0.16	0.49	-0.61	-0.14	0.08	0.51	0.15	0.04		-0.09	0.51	0.3	0.2	-0.08	0.14	0.33	0.4	0.34	0.29
Long Term Debt	0.61	0.98	0.84	0.71	0.43	0.36	0.38	0.88	-0.08	0.16	-0.88	0.77	0.4	0.88	0.89	-0.09		0.4	0.68	0.76	1.0	0.8	0.68	0.52	0.59	0.73
Cash And Short Term Investments	0.94	0.56	0.75	0.81	0.97	0.97	0.97	0.69	0.77	-0.84	-0.71	0.58	1.0	0.69	0.58	0.51	0.4		0.85	0.73	0.4	0.67	0.86	0.93	0.7	0.83
Common Stock Total Equity	0.97	0.79	0.86	0.97	0.91	0.83	0.88	0.9	0.57	-0.48	-0.93	0.9	0.85	0.9	0.73	0.3	0.68	0.85		0.93	0.68	0.83	1.0	0.92	0.93	0.99
Common Stock Shares Outstanding	0.9	0.84	0.88	0.91	0.78	0.72	0.74	0.9	0.29	-0.3	-0.92	0.89	0.73	0.9	0.83	0.2	0.76	0.73	0.93		0.76	0.9	0.94	0.84	0.81	0.96
Long Term Debt Total	0.61	0.98	0.84	0.71	0.42	0.36	0.38	0.88	-0.08	0.16	-0.88	0.77	0.4	0.88	0.89	-0.08	1.0	0.4	0.68	0.76		0.8	0.68	0.53	0.59	0.73
Non Current Liabilities Total	0.83	0.87	0.86	0.9	0.65	0.69	0.6	0.85	0.28	-0.21	-0.87	0.88	0.67	0.85	0.78	0.14	0.8	0.67	0.83	0.9	0.8		0.85	0.8	0.68	0.88
Capital Surpluse	0.98	0.79	0.88	0.97	0.91	0.84	0.89	0.9	0.58	-0.49	-0.93	0.89	0.86	0.9	0.73	0.33	0.68	0.86	1.0	0.94	0.68	0.85		0.93	0.92	0.99
Capital Lease Obligations	0.98	0.68	0.83	0.94	0.94	0.96	0.93	0.82	0.72	-0.67	-0.82	0.77	0.93	0.82	0.64	0.4	0.52	0.93	0.92	0.84	0.53	0.8	0.93		0.84	0.9
Other Current Assets	0.87	0.7	0.8	0.91	0.82	0.7	0.81	0.86	0.57	-0.38	-0.86	0.88	0.7	0.86	0.58	0.34	0.59	0.7	0.93	0.81	0.59	0.68	0.92	0.84		0.89
Other Stockholder Equity	0.96	0.83	0.89	0.96	0.88	0.8	0.85	0.92	0.49	-0.43	-0.95	0.9	0.83	0.92	0.78	0.29	0.73	0.83	0.99	0.96	0.73	0.88	0.99	0.9	0.89

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MeiraGTx Holdings Account Relationship Matchups

MeiraGTx Holdings fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	363.7M	320.2M	318.2M	326.7M	375.8M	247.2M
Short Long Term Debt Total	22.2M	23.7M	92.2M	89.3M	102.7M	107.8M
Other Current Liab	44.4M	24.2M	42.6M	43.9M	50.5M	53.0M
Total Current Liabilities	54.1M	68.1M	82.1M	67.1M	77.1M	50.0M
Total Stockholder Equity	238.6M	185.4M	117.7M	138.2M	158.9M	122.0M
Other Liab	62.4M	51.3M	46.3M	30.1M	34.6M	30.1M
Net Tangible Assets	190.8M	236.4M	183.6M	116.4M	133.9M	116.9M
Property Plant And Equipment Net	87.1M	126.3M	154.1M	156.2M	179.7M	188.7M
Current Deferred Revenue	23.5M	21.8M	15.1M	2.9M	3.4M	3.2M
Net Debt	(187.3M)	(114.0M)	(23.3M)	(40.3M)	(36.3M)	(38.1M)
Retained Earnings	(261.0M)	(340.6M)	(470.2M)	(554.2M)	(498.8M)	(473.9M)
Accounts Payable	7.1M	15.3M	16.6M	16.0M	18.4M	9.7M
Cash	209.5M	137.7M	115.5M	129.6M	149.0M	125.6M
Non Current Assets Total	91.1M	136.9M	163.9M	167.1M	192.2M	201.8M
Non Currrent Assets Other	1.0M	1.2M	1.2M	3M	3.5M	3.6M
Other Assets	2.0M	45.0M	2.2M	2.1M	2.5M	2.3M
Cash And Short Term Investments	209.5M	137.7M	115.5M	129.6M	149.0M	125.6M
Common Stock Total Equity	1.1K	1.4K	1.7K	2K	2.3K	1.4K
Common Stock Shares Outstanding	37.7M	44.1M	45.2M	56.5M	65.0M	36.2M
Liabilities And Stockholders Equity	363.7M	320.2M	318.2M	326.7M	375.8M	247.2M
Non Current Liabilities Total	71.0M	66.6M	118.4M	121.5M	139.7M	75.2M
Capital Surpluse	395.6M	504.5M	528.7M	581.9M	669.2M	357.9M
Capital Lease Obligations	22.2M	23.7M	21.2M	17.1M	19.7M	14.8M
Other Current Assets	7.6M	10.5M	9.8M	6.6M	7.6M	5.9M
Other Stockholder Equity	504.5M	528.7M	581.9M	693.8M	797.9M	408.3M
Total Liab	125.1M	134.8M	200.5M	188.6M	216.9M	125.2M
Property Plant And Equipment Gross	44.0M	126.3M	154.1M	189.6M	218.0M	228.9M
Total Current Assets	272.6M	183.2M	154.3M	159.6M	183.6M	157.3M
Accumulated Other Comprehensive Income	(4.9M)	(2.7M)	6.0M	(1.4M)	(1.7M)	(1.7M)
Non Current Liabilities Other	83.7M	70.8M	65.5M	46.9M	54.0M	42.0M
Short Term Debt	2.6M	6.7M	7.8M	4.2M	4.8M	3.4M
Common Stock	1.1K	1.4K	1.7K	2K	2.3K	1.5K
Property Plant Equipment	52.9M	44.0M	126.3M	109.3M	125.7M	131.9M
Net Invested Capital	238.6M	185.4M	188.8M	210.3M	241.8M	164.8M
Net Working Capital	218.4M	115.1M	72.3M	92.5M	106.4M	120.6M
Net Receivables	38.5M	35.0M	29.0M	23.4M	26.9M	30.4M
Retained Earnings Total Equity	(203.0M)	(261.0M)	(340.6M)	(470.2M)	(423.2M)	(444.3M)
Deferred Long Term Liab	777.7K	213.7K	783K	186K	167.4K	159.0K

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MeiraGTx Non Current Liabilities Total vs Non Current Assets Total Analysis

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Non Current Assets Total

MeiraGTx Holdings fundamental ratios Correlations

MeiraGTx Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MeiraGTx Holdings fundamental ratios Accounts

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Additional Tools for MeiraGTx Stock Analysis

COMMON DESTINATIONS

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Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt Total	+ 1.0	Long Term Debt
Capital Surpluse	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 0.99	Common Stock Total Equity

Non Current Assets Total	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Property Plant And Equipment Net
Other Stockholder Equity	- 0.95	Retained Earnings
Retained Earnings	- 0.94	Short Long Term Debt Total
Capital Surpluse	- 0.93	Retained Earnings
Common Stock Total Equity	- 0.93	Retained Earnings