Mindteck Investments vs Sale Purchase Of Stock Analysis

MINDTECK   260.20  6.05  2.27%   
Mindteck financial indicator trend analysis is infinitely more than just investigating Mindteck Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mindteck Limited is a good investment. Please check the relationship between Mindteck Investments and its Sale Purchase Of Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mindteck Limited. 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.

Investments vs Sale Purchase Of Stock

Investments vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mindteck Limited Investments account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mindteck's Investments and Sale Purchase Of Stock is -0.06. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Mindteck Limited, assuming nothing else is changed. The correlation between historical values of Mindteck's Investments and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Mindteck Limited are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Investments i.e., Mindteck's Investments and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Sale Purchase Of Stock

Most indicators from Mindteck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mindteck Limited 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 Mindteck Limited. 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.
The current year's Selling General Administrative is expected to grow to about 95.8 M. The current year's Tax Provision is expected to grow to about 75.1 M
 2022 2023 2024 2025 (projected)
Interest Expense10.1M8.9M10.2M8.1M
Depreciation And Amortization45.2M44.5M51.2M38.0M

Mindteck fundamental ratios Correlations

-0.170.60.370.98-0.05-0.02-0.750.79-0.340.69-0.34-0.180.710.940.83-0.110.330.490.310.78-0.10.76-0.440.170.06
-0.17-0.440.34-0.290.620.180.27-0.550.210.14-0.35-0.10.0-0.04-0.20.560.04-0.040.53-0.020.8-0.1-0.420.12-0.14
0.6-0.440.380.58-0.17-0.35-0.50.51-0.50.36-0.04-0.230.350.580.63-0.390.020.50.220.38-0.290.51-0.120.17-0.02
0.370.340.380.190.3-0.17-0.350.060.280.59-0.720.050.60.30.21-0.060.53-0.120.930.550.40.24-0.590.48-0.28
0.98-0.290.580.19-0.18-0.02-0.720.84-0.420.6-0.2-0.170.630.910.84-0.180.240.540.110.7-0.210.74-0.320.070.12
-0.050.62-0.170.3-0.180.37-0.04-0.460.070.33-0.53-0.220.210.130.00.780.3-0.10.580.190.610.11-0.730.43-0.16
-0.020.18-0.35-0.17-0.020.37-0.04-0.19-0.090.18-0.03-0.3-0.10.04-0.080.370.11-0.2-0.03-0.090.34-0.03-0.20.25-0.22
-0.750.27-0.5-0.35-0.72-0.04-0.04-0.720.29-0.870.330.26-0.7-0.6-0.560.19-0.47-0.14-0.26-0.70.08-0.50.41-0.17-0.35
0.79-0.550.510.060.84-0.46-0.19-0.72-0.310.40.01-0.080.590.660.6-0.370.20.42-0.080.67-0.450.580.0-0.020.2
-0.340.21-0.50.28-0.420.07-0.090.29-0.31-0.16-0.320.26-0.07-0.41-0.630.110.4-0.710.31-0.12-0.03-0.58-0.010.03-0.26
0.690.140.360.590.60.330.18-0.870.4-0.16-0.58-0.250.680.580.520.010.590.020.560.650.280.47-0.650.310.24
-0.34-0.35-0.04-0.72-0.2-0.53-0.030.330.01-0.32-0.58-0.33-0.74-0.31-0.3-0.11-0.780.28-0.73-0.66-0.56-0.290.89-0.620.28
-0.18-0.1-0.230.05-0.17-0.22-0.30.26-0.080.26-0.25-0.330.21-0.280.11-0.320.28-0.17-0.070.130.110.08-0.10.23-0.3
0.710.00.350.60.630.21-0.1-0.70.59-0.070.68-0.740.210.620.63-0.090.60.160.540.980.250.68-0.730.47-0.1
0.94-0.040.580.30.910.130.04-0.60.66-0.410.58-0.31-0.280.620.830.130.260.610.330.720.00.76-0.50.23-0.02
0.83-0.20.630.210.840.0-0.08-0.560.6-0.630.52-0.30.110.630.83-0.150.220.670.140.680.030.91-0.480.31-0.03
-0.110.56-0.39-0.06-0.180.780.370.19-0.370.110.01-0.11-0.32-0.090.13-0.150.030.030.31-0.020.310.0-0.330.11-0.02
0.330.040.020.530.240.30.11-0.470.20.40.59-0.780.280.60.260.220.03-0.410.510.560.220.16-0.620.69-0.21
0.49-0.040.5-0.120.54-0.1-0.2-0.140.42-0.710.020.28-0.170.160.610.670.03-0.41-0.110.28-0.070.71-0.03-0.11-0.02
0.310.530.220.930.110.58-0.03-0.26-0.080.310.56-0.73-0.070.540.330.140.310.51-0.110.510.490.22-0.680.5-0.27
0.78-0.020.380.550.70.19-0.09-0.70.67-0.120.65-0.660.130.980.720.68-0.020.560.280.510.180.74-0.690.46-0.11
-0.10.8-0.290.4-0.210.610.340.08-0.45-0.030.28-0.560.110.250.00.030.310.22-0.070.490.180.11-0.620.4-0.23
0.76-0.10.510.240.740.11-0.03-0.50.58-0.580.47-0.290.080.680.760.910.00.160.710.220.740.11-0.490.32-0.06
-0.44-0.42-0.12-0.59-0.32-0.73-0.20.410.0-0.01-0.650.89-0.1-0.73-0.5-0.48-0.33-0.62-0.03-0.68-0.69-0.62-0.49-0.620.25
0.170.120.170.480.070.430.25-0.17-0.020.030.31-0.620.230.470.230.310.110.69-0.110.50.460.40.32-0.62-0.59
0.06-0.14-0.02-0.280.12-0.16-0.22-0.350.2-0.260.240.28-0.3-0.1-0.02-0.03-0.02-0.21-0.02-0.27-0.11-0.23-0.060.25-0.59
Click cells to compare fundamentals

Mindteck Account Relationship Matchups

Mindteck fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.1B2.3B2.4B2.8B3.2B2.2B
Short Long Term Debt Total260.1M78.6M56.3M22.1M25.4M24.1M
Other Current Liab181.8M222.2M250.2M295.9M340.3M228.6M
Total Current Liabilities585.8M456.5M463.5M498.1M572.8M457.9M
Total Stockholder Equity1.4B1.8B1.9B2.2B2.5B1.7B
Property Plant And Equipment Net88.2M93M70.5M40.4M46.5M53.8M
Current Deferred Revenue149.8M160.7M172M23.7M27.3M25.9M
Net Debt(245.9M)(424.2M)(358M)(451.3M)(406.2M)(385.9M)
Retained Earnings(89.7M)246.6M404.6M655.1M753.4M791.0M
Accounts Payable135M183.2M155.9M164.1M147.7M137.7M
Cash506M502.8M414.3M473.4M544.4M293.0M
Non Current Assets Total519.1M698M471.8M437.6M393.8M702.6M
Non Currrent Assets Other372.5M77.3M72M809.3M728.4M764.8M
Cash And Short Term Investments775.6M768.2M1.0B1.2B1.4B1.5B
Net Receivables699.3M745.4M870.1M947.1M1.1B744.3M
Common Stock Shares Outstanding25.2M25.4M25.3M32.0M36.8M27.2M
Liabilities And Stockholders Equity2.1B2.3B2.4B2.8B3.2B2.2B
Non Current Liabilities Total82M81.9M57.4M48.1M55.3M71.9M
Other Current Assets72.3M81.8M83.1M122.3M110.1M78.8M
Total Liab667.8M538.4M520.9M546.2M628.1M529.8M
Total Current Assets1.5B1.6B2.0B2.3B2.7B2.8B
Accumulated Other Comprehensive Income220.5M235.5M294.2M318.5M366.3M384.6M
Short Term Debt225.5M31.4M103.4M22.1M25.4M47.8M
Inventory(4.3M)(2.5M)(22.1M)(34.8M)1.151.21
Intangible Assets78.2M1.5M500K100K450K427.5K
Other Liab101.1M95.6M47.4M34.7M39.9M63.5M
Net Tangible Assets983.3M936.6M1.1B1.5B1.7B1.1B
Other Assets206.4M147.9M119.2M44.2M39.8M37.8M
Property Plant Equipment141.6M88.2M93M70.5M81.1M60.9M
Short Term Investments269.6M265.4M610.5M749M861.4M904.4M
Long Term Debt Total79.3M34.6M47.2M22M25.3M28.8M
Cash And Equivalents293.9M776.6M769.1M1.0B1.2B1.2B
Net Invested Capital1.6B1.8B1.9B2.2B2.5B2.0B
Net Working Capital961.4M1.1B1.5B1.8B2.1B1.2B
Capital Lease Obligations79.3M78.6M56.3M22.1M19.9M18.9M

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Other Information on Investing in Mindteck Stock

Balance Sheet is a snapshot of the financial position of Mindteck Limited at a specified time, usually calculated after every quarter, six months, or one year. Mindteck Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mindteck and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mindteck currently owns. An asset can also be divided into two categories, current and non-current.