MedMira Depreciation vs Sale Purchase Of Stock Analysis

MIR Stock

CAD 0.08 0.00 0.00%

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

Depreciation vs Sale Purchase Of Stock

Depreciation vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MedMira Depreciation account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MedMira's Depreciation and Sale Purchase Of Stock is -0.22. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of MedMira, assuming nothing else is changed. The correlation between historical values of MedMira's Depreciation 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 Depreciation of MedMira 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 Depreciation i.e., MedMira's Depreciation and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

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Depreciation

Depreciation indicates how much of MedMira value has been used up. For tax purposes MedMira can deduct the cost of the tangible assets it purchases as business expenses. However, MedMira must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Sale Purchase Of Stock

Most indicators from MedMira's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MedMira 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 MedMira. 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.

Selling General Administrative is likely to climb to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	304.0K	300.4K	345.4K	328.2K
Total Revenue	952.1K	432.5K	497.4K	472.5K

Gross Profit Total Revenue

MedMira fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Short Term Investments	Other Stockholder Equity	Current Deferred Revenue	Intangible Assets
Total Assets		0.49	0.52	0.47	-0.23	0.7	0.59	0.14	-0.31	0.73	-0.04	-0.31	0.56	-0.15	0.27	0.29	0.38	0.55	0.74	0.2	-0.15	0.14	0.1	0.0	0.84	0.0
Short Long Term Debt Total	0.49		0.74	0.88	-0.89	0.81	0.7	-0.53	0.09	0.79	-0.53	0.08	0.33	0.55	0.2	-0.37	0.47	0.94	-0.08	0.68	0.46	0.59	0.4	-0.4	0.84	-0.27
Other Current Liab	0.52	0.74		0.82	-0.78	0.81	0.47	-0.45	0.14	0.8	-0.53	0.14	0.64	0.57	0.04	-0.3	0.19	0.83	0.17	0.56	0.41	0.68	0.63	-0.23	0.68	-0.62
Total Current Liabilities	0.47	0.88	0.82		-0.86	0.7	0.6	-0.55	0.1	0.69	-0.46	0.1	0.31	0.59	-0.12	-0.35	0.37	0.93	-0.03	0.81	0.49	0.64	0.41	-0.29	0.72	-0.21
Total Stockholder Equity	-0.23	-0.89	-0.78	-0.86		-0.71	-0.46	0.78	-0.31	-0.67	0.71	-0.31	-0.32	-0.76	-0.16	0.63	-0.34	-0.9	0.32	-0.63	-0.67	-0.75	-0.36	0.46	-0.6	0.31
Property Plant And Equipment Net	0.7	0.81	0.81	0.7	-0.71		0.7	-0.36	-0.11	1.0	-0.36	-0.11	0.72	0.46	0.34	-0.14	0.35	0.82	0.14	0.39	0.29	0.49	0.47	-0.51	0.84	-0.47
Net Debt	0.59	0.7	0.47	0.6	-0.46	0.7		0.09	-0.65	0.73	0.04	-0.65	0.38	0.02	0.03	0.33	0.6	0.59	0.12	0.55	-0.2	0.01	0.19	-0.52	0.73	-0.17
Retained Earnings	0.14	-0.53	-0.45	-0.55	0.78	-0.36	0.09		-0.7	-0.29	0.72	-0.7	-0.16	-0.93	-0.18	0.94	-0.12	-0.6	0.53	-0.32	-0.95	-0.79	-0.26	0.33	-0.18	0.18
Cash	-0.31	0.09	0.14	0.1	-0.31	-0.11	-0.65	-0.7		-0.18	-0.62	1.0	-0.17	0.56	0.18	-0.86	-0.33	0.17	-0.26	-0.04	0.77	0.61	0.17	0.3	-0.13	-0.07
Non Current Assets Total	0.73	0.79	0.8	0.69	-0.67	1.0	0.73	-0.29	-0.18		-0.3	-0.18	0.72	0.4	0.32	-0.07	0.35	0.8	0.18	0.39	0.22	0.43	0.46	-0.51	0.85	-0.47
Non Currrent Assets Other	-0.04	-0.53	-0.53	-0.46	0.71	-0.36	0.04	0.72	-0.62	-0.3		-0.63	-0.17	-0.58	-0.42	0.77	-0.13	-0.6	0.23	-0.16	-0.71	-0.71	-0.28	0.11	-0.33	0.2
Cash And Short Term Investments	-0.31	0.08	0.14	0.1	-0.31	-0.11	-0.65	-0.7	1.0	-0.18	-0.63		-0.17	0.56	0.17	-0.86	-0.33	0.16	-0.26	-0.04	0.77	0.61	0.17	0.3	-0.14	-0.07
Net Receivables	0.56	0.33	0.64	0.31	-0.32	0.72	0.38	-0.16	-0.17	0.72	-0.17	-0.17		0.32	0.41	-0.04	0.23	0.47	0.32	-0.08	0.19	0.44	0.58	-0.42	0.42	-0.59
Common Stock Shares Outstanding	-0.15	0.55	0.57	0.59	-0.76	0.46	0.02	-0.93	0.56	0.4	-0.58	0.56	0.32		0.05	-0.82	0.05	0.61	-0.54	0.39	0.9	0.76	0.53	-0.44	0.18	-0.45
Non Current Liabilities Total	0.27	0.2	0.04	-0.12	-0.16	0.34	0.03	-0.18	0.18	0.32	-0.42	0.17	0.41	0.05		-0.26	0.05	0.24	0.04	-0.57	0.25	0.33	0.13	-0.29	0.25	-0.03
Inventory	0.29	-0.37	-0.3	-0.35	0.63	-0.14	0.33	0.94	-0.86	-0.07	0.77	-0.86	-0.04	-0.82	-0.26		-0.02	-0.44	0.51	-0.13	-0.95	-0.79	-0.26	0.12	-0.01	0.15
Other Current Assets	0.38	0.47	0.19	0.37	-0.34	0.35	0.6	-0.12	-0.33	0.35	-0.13	-0.33	0.23	0.05	0.05	-0.02		0.37	0.15	0.38	0.03	0.1	-0.09	-0.12	0.52	0.09
Total Liab	0.55	0.94	0.83	0.93	-0.9	0.82	0.59	-0.6	0.17	0.8	-0.6	0.16	0.47	0.61	0.24	-0.44	0.37		-0.01	0.58	0.57	0.76	0.49	-0.4	0.79	-0.26
Total Current Assets	0.74	-0.08	0.17	-0.03	0.32	0.14	0.12	0.53	-0.26	0.18	0.23	-0.26	0.32	-0.54	0.04	0.51	0.15	-0.01		-0.09	-0.47	-0.17	-0.04	0.56	0.38	0.04
Short Term Debt	0.2	0.68	0.56	0.81	-0.63	0.39	0.55	-0.32	-0.04	0.39	-0.16	-0.04	-0.08	0.39	-0.57	-0.13	0.38	0.58	-0.09		0.19	0.22	0.16	-0.07	0.51	-0.16
Common Stock	-0.15	0.46	0.41	0.49	-0.67	0.29	-0.2	-0.95	0.77	0.22	-0.71	0.77	0.19	0.9	0.25	-0.95	0.03	0.57	-0.47	0.19		0.85	0.41	-0.25	0.12	-0.2
Accounts Payable	0.14	0.59	0.68	0.64	-0.75	0.49	0.01	-0.79	0.61	0.43	-0.71	0.61	0.44	0.76	0.33	-0.79	0.1	0.76	-0.17	0.22	0.85		0.59	-0.2	0.33	-0.36
Short Term Investments	0.1	0.4	0.63	0.41	-0.36	0.47	0.19	-0.26	0.17	0.46	-0.28	0.17	0.58	0.53	0.13	-0.26	-0.09	0.49	-0.04	0.16	0.41	0.59		-0.23	0.26	-0.82
Other Stockholder Equity	0.0	-0.4	-0.23	-0.29	0.46	-0.51	-0.52	0.33	0.3	-0.51	0.11	0.3	-0.42	-0.44	-0.29	0.12	-0.12	-0.4	0.56	-0.07	-0.25	-0.2	-0.23		-0.15	0.22
Current Deferred Revenue	0.84	0.84	0.68	0.72	-0.6	0.84	0.73	-0.18	-0.13	0.85	-0.33	-0.14	0.42	0.18	0.25	-0.01	0.52	0.79	0.38	0.51	0.12	0.33	0.26	-0.15		-0.16
Intangible Assets	0.0	-0.27	-0.62	-0.21	0.31	-0.47	-0.17	0.18	-0.07	-0.47	0.2	-0.07	-0.59	-0.45	-0.03	0.15	0.09	-0.26	0.04	-0.16	-0.2	-0.36	-0.82	0.22	-0.16

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MedMira Account Relationship Matchups

MedMira fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4M	3.9M	3.8M	3.7M	3.3M	1.7M
Short Long Term Debt Total	11.9M	11.5M	8.3M	9.3M	10.7M	9.1M
Other Current Liab	3.5M	4.2M	4.5M	5.4M	6.2M	6.5M
Total Current Liabilities	15.8M	17.4M	14.1M	15.7M	18.1M	11.7M
Total Stockholder Equity	(15.6M)	(15.7M)	(12.4M)	(15.0M)	(13.5M)	(14.2M)
Property Plant And Equipment Net	2.5M	2.3M	2.2M	2.0M	2.3M	2.4M
Net Debt	11.5M	13.8M	8.3M	9.3M	10.6M	9.2M
Retained Earnings	(92.8M)	(93.5M)	(95.3M)	(98.0M)	(88.2M)	(92.6M)
Cash	401.9K	(2.3M)	33.5K	13.2K	15.2K	15.9K
Non Current Assets Total	2.5M	2.3M	2.2M	2.0M	2.3M	2.4M
Cash And Short Term Investments	401.9K	(2.3M)	33.5K	13.2K	15.2K	15.9K
Net Receivables	207.8K	1.3M	1.4M	1.4M	1.6M	1.7M
Liabilities And Stockholders Equity	3.4M	3.9M	3.8M	3.7M	3.3M	1.7M
Non Current Liabilities Total	3.2M	2.2M	2.0M	3.0M	2.7M	1.7M
Inventory	222.6K	235.8K	202.0K	182.4K	164.2K	156.0K
Other Current Assets	78.8K	2.4M	53.9K	69.2K	79.6K	75.6K
Total Liab	19.0M	19.6M	16.2M	18.7M	21.5M	13.9M
Total Current Assets	911.1K	1.6M	1.7M	1.7M	1.5M	1.1M
Short Term Debt	8.8M	9.3M	6.3M	6.3M	7.3M	7.3M
Accounts Payable	2.3M	2.7M	2.7M	3.3M	3.8M	2.8M
Other Stockholder Equity	2.7M	7.8K	29.5K	(2.5K)	(2.3K)	(2.1K)
Accumulated Other Comprehensive Income	11.0M	13.8M	13.8M	14.6M	16.8M	17.6M
Current Deferred Revenue	1.2M	1.2M	596.7K	749.9K	862.4K	507.5K
Net Tangible Assets	(13.5M)	(15.6M)	(15.7M)	(12.4M)	(11.1M)	(11.7M)
Short Long Term Debt	8.6M	9.2M	6.1M	6.1M	7.1M	7.1M
Property Plant Equipment	6.7K	2.5M	2.3M	2.2M	2.5M	2.6M
Net Invested Capital	(6.1M)	(6.5M)	(6.2M)	(7.8M)	(7.0M)	(7.3M)
Net Working Capital	(14.9M)	(15.8M)	(12.5M)	(14.0M)	(12.6M)	(13.3M)

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