MNG Capital Expenditures vs Net Income Analysis

MNG Stock

198.20 1.15 0.58%

MG Plc financial indicator trend analysis is infinitely more than just investigating MG Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MG Plc is a good investment. Please check the relationship between MG Plc Capital Expenditures and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MG 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 bureau of economic analysis.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MG Plc Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MG Plc's Capital Expenditures and Net Income is -0.48. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of MG Plc, assuming nothing else is changed. The correlation between historical values of MG Plc's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of MG Plc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., MG Plc's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by MG Plc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of MG Plc operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MG Plc financial statement analysis. It represents the amount of money remaining after all of MG Plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from MG Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MG 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 MG 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 bureau of economic analysis.

The current year's Tax Provision is expected to grow to about 669.2 M. The current year's Discontinued Operations is expected to grow to about 70 M

	2021	2022	2023	2024 (projected)
Interest Expense	321M	298M	366M	244.6M
Depreciation And Amortization	148M	176M	202.4M	136.7M

Interest Expense Depreciation And Amortization

MG Plc 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	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments
Total Assets		0.07	-0.33	-0.17	0.42	-0.14	0.45	-0.02	-0.18	-0.1	0.8	0.36	-0.06	0.29	0.08	0.8	0.32	-0.62	-0.19	0.61	-0.07	-0.05	-0.02	-0.04	1.0	0.94
Short Long Term Debt Total	0.07		0.71	0.93	-0.8	0.8	-0.8	0.98	0.96	-0.12	0.48	0.69	0.92	-0.06	1.0	0.48	-0.78	0.69	-0.9	-0.42	0.95	0.95	0.68	-0.95	0.16	-0.18
Other Current Liab	-0.33	0.71		0.72	-0.67	0.69	-0.79	0.74	0.77	-0.38	0.09	0.53	0.55	-0.23	0.7	0.09	-0.89	0.78	-0.63	-0.73	0.62	0.63	0.46	-0.67	-0.27	-0.47
Total Current Liabilities	-0.17	0.93	0.72		-0.95	0.72	-0.9	0.92	0.93	0.05	0.29	0.5	0.95	-0.27	0.92	0.29	-0.88	0.8	-0.82	-0.42	0.91	0.97	0.52	-0.81	-0.08	-0.38
Total Stockholder Equity	0.42	-0.8	-0.67	-0.95		-0.68	0.95	-0.81	-0.88	-0.2	-0.03	-0.33	-0.87	0.36	-0.8	-0.03	0.87	-0.9	0.71	0.52	-0.84	-0.89	-0.43	0.7	0.33	0.58
Other Liab	-0.14	0.8	0.69	0.72	-0.68		-0.81	0.72	0.8	-0.33	0.31	0.77	0.65	-0.32	0.8	0.31	-0.72	0.67	-0.82	-0.67	0.68	0.75	0.42	-0.75	-0.08	-0.26
Net Tangible Assets	0.45	-0.8	-0.79	-0.9	0.95	-0.81		-0.78	-0.89	-0.05	-0.04	-0.49	-0.78	0.42	-0.8	-0.04	0.93	-0.93	0.78	0.73	-0.78	-0.83	-0.41	0.72	0.37	0.58
Property Plant And Equipment Net	-0.02	0.98	0.74	0.92	-0.81	0.72	-0.78		0.96	-0.11	0.38	0.56	0.9	0.02	0.97	0.38	-0.78	0.74	-0.8	-0.41	0.97	0.93	0.75	-0.94	0.06	-0.3
Net Debt	-0.18	0.96	0.77	0.93	-0.88	0.8	-0.89	0.96		-0.09	0.23	0.56	0.9	-0.04	0.96	0.23	-0.82	0.84	-0.82	-0.57	0.97	0.93	0.74	-0.95	-0.09	-0.43
Accounts Payable	-0.1	-0.12	-0.38	0.05	-0.2	-0.33	-0.05	-0.11	-0.09		-0.18	-0.43	0.05	-0.14	-0.12	-0.18	0.02	0.07	0.05	0.21	0.04	-0.02	-0.19	0.19	-0.08	-0.09
Cash	0.8	0.48	0.09	0.29	-0.03	0.31	-0.04	0.38	0.23	-0.18		0.73	0.38	-0.14	0.49	1.0	-0.19	-0.25	-0.62	0.24	0.27	0.42	0.03	-0.32	0.84	0.72
Non Current Assets Total	0.36	0.69	0.53	0.5	-0.33	0.77	-0.49	0.56	0.56	-0.43	0.73		0.5	-0.32	0.7	0.73	-0.56	0.21	-0.86	-0.43	0.46	0.6	0.21	-0.6	0.41	0.3
Non Currrent Assets Other	-0.06	0.92	0.55	0.95	-0.87	0.65	-0.78	0.9	0.9	0.05	0.38	0.5		-0.17	0.92	0.38	-0.73	0.66	-0.8	-0.3	0.92	0.99	0.55	-0.81	0.04	-0.27
Other Assets	0.29	-0.06	-0.23	-0.27	0.36	-0.32	0.42	0.02	-0.04	-0.14	-0.14	-0.32	-0.17		-0.08	-0.14	0.49	-0.17	0.34	0.34	0.09	-0.23	0.62	-0.2	0.27	0.09
Long Term Debt	0.08	1.0	0.7	0.92	-0.8	0.8	-0.8	0.97	0.96	-0.12	0.49	0.7	0.92	-0.08		0.49	-0.79	0.68	-0.91	-0.42	0.95	0.96	0.67	-0.94	0.17	-0.17
Cash And Short Term Investments	0.8	0.48	0.09	0.29	-0.03	0.31	-0.04	0.38	0.23	-0.18	1.0	0.73	0.38	-0.14	0.49		-0.19	-0.25	-0.62	0.24	0.27	0.42	0.03	-0.32	0.84	0.72
Net Receivables	0.32	-0.78	-0.89	-0.88	0.87	-0.72	0.93	-0.78	-0.82	0.02	-0.19	-0.56	-0.73	0.49	-0.79	-0.19		-0.83	0.8	0.67	-0.71	-0.79	-0.31	0.66	0.24	0.43
Good Will	-0.62	0.69	0.78	0.8	-0.9	0.67	-0.93	0.74	0.84	0.07	-0.25	0.21	0.66	-0.17	0.68	-0.25	-0.83		-0.54	-0.73	0.76	0.7	0.56	-0.7	-0.55	-0.79
Common Stock Total Equity	-0.19	-0.9	-0.63	-0.82	0.71	-0.82	0.78	-0.8	-0.82	0.05	-0.62	-0.86	-0.8	0.34	-0.91	-0.62	0.8	-0.54		0.46	-0.76	-0.86	-0.37	0.79	-0.27	-0.04
Common Stock Shares Outstanding	0.61	-0.42	-0.73	-0.42	0.52	-0.67	0.73	-0.41	-0.57	0.21	0.24	-0.43	-0.3	0.34	-0.42	0.24	0.67	-0.73	0.46		-0.39	-0.37	-0.29	0.46	0.58	0.62
Short Term Investments	-0.07	0.95	0.62	0.91	-0.84	0.68	-0.78	0.97	0.97	0.04	0.27	0.46	0.92	0.09	0.95	0.27	-0.71	0.76	-0.76	-0.39		0.92	0.8	-0.95	0.01	-0.36
Non Current Liabilities Total	-0.05	0.95	0.63	0.97	-0.89	0.75	-0.83	0.93	0.93	-0.02	0.42	0.6	0.99	-0.23	0.96	0.42	-0.79	0.7	-0.86	-0.37	0.92		0.54	-0.85	0.04	-0.26
Other Current Assets	-0.02	0.68	0.46	0.52	-0.43	0.42	-0.41	0.75	0.74	-0.19	0.03	0.21	0.55	0.62	0.67	0.03	-0.31	0.56	-0.37	-0.29	0.8	0.54		-0.86	0.02	-0.34
Other Stockholder Equity	-0.04	-0.95	-0.67	-0.81	0.7	-0.75	0.72	-0.94	-0.95	0.19	-0.32	-0.6	-0.81	-0.2	-0.94	-0.32	0.66	-0.7	0.79	0.46	-0.95	-0.85	-0.86		-0.11	0.25
Total Liab	1.0	0.16	-0.27	-0.08	0.33	-0.08	0.37	0.06	-0.09	-0.08	0.84	0.41	0.04	0.27	0.17	0.84	0.24	-0.55	-0.27	0.58	0.01	0.04	0.02	-0.11		0.92
Long Term Investments	0.94	-0.18	-0.47	-0.38	0.58	-0.26	0.58	-0.3	-0.43	-0.09	0.72	0.3	-0.27	0.09	-0.17	0.72	0.43	-0.79	-0.04	0.62	-0.36	-0.26	-0.34	0.25	0.92

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MG Plc Account Relationship Matchups

MG Plc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	214.3B	217.0B	217.5B	190.4B	189.6B	168.9B
Short Long Term Debt Total	7.9B	8.6B	9.3B	8.0B	8.5B	7.2B
Other Current Liab	(490M)	(2.7B)	6.9B	2.3B	6.9B	7.2B
Total Current Liabilities	6.3B	5.7B	7.3B	7.7B	7.0B	5.2B
Total Stockholder Equity	5.1B	5.6B	5.3B	2.8B	4.0B	4.9B
Other Liab	184.3B	202.6B	203.4B	191.6B	220.3B	212.2B
Net Tangible Assets	3.7B	4.1B	3.7B	905M	814.5M	773.8M
Property Plant And Equipment Net	1.5B	2.1B	2.5B	2.0B	2.1B	1.7B
Net Debt	1.8B	1.8B	2.4B	3.1B	2.9B	3.0B
Accounts Payable	192M	2.4B	52M	4.7B	40M	38M
Cash	6.0B	6.8B	6.9B	4.9B	5.6B	4.7B
Non Current Assets Total	186.6B	183.3B	185.5B	157.9B	184.0B	193.6B
Non Currrent Assets Other	167.5B	160.2B	161.7B	130.1B	40.8B	20.9B
Other Assets	54.5B	57.8B	48.6B	45.7B	(27.6B)	(26.2B)
Long Term Debt	7.5B	8.3B	8.9B	7.5B	8.1B	6.9B
Cash And Short Term Investments	6.0B	6.8B	6.9B	4.9B	5.6B	4.7B
Net Receivables	3.2B	1.8B	2.0B	375M	337.5M	320.6M
Common Stock Shares Outstanding	2.6B	2.6B	2.6B	2.5B	2.4B	2.0B
Short Term Investments	18.2B	23.3B	21.0B	24.3B	18.0B	17.2B
Liabilities And Stockholders Equity	214.3B	217.0B	217.5B	190.4B	188.5B	168.8B
Non Current Liabilities Total	202.9B	205.7B	204.8B	179.8B	177.4B	135.6B
Other Current Assets	27.6B	33.7B	32.0B	32.5B	27.6B	32.0B
Other Stockholder Equity	(11.3B)	(11.4B)	(11.5B)	(11.4B)	(11.3B)	(11.9B)
Total Liab	209.2B	211.4B	212.1B	187.5B	184.4B	163.9B
Long Term Investments	162.3B	160.0B	159.0B	136.2B	138.9B	126.0B
Property Plant And Equipment Gross	1.5B	2.1B	3.1B	2.6B	2.9B	1.9B
Total Current Assets	27.6B	33.7B	32.0B	32.4B	33.2B	31.6B
Accumulated Other Comprehensive Income	42M	74M	72M	119M	99M	104.0M
Short Term Debt	32M	22M	25M	35M	29M	27.6M
Intangible Assets	1.4B	1.5B	1.6B	1.9B	296M	281.2M
Property Plant Equipment	1.5B	2.1B	2.5B	2.0B	2.2B	1.6B
Retained Earnings	4.6B	5.1B	4.8B	2.3B	15.2B	7.8B
Capital Lease Obligations	360M	354M	413M	420M	387M	359.7M
Net Invested Capital	12.6B	13.8B	14.2B	10.3B	12.1B	12.7B
Current Deferred Revenue	298M	276M	323M	113M	97M	92.2M

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Balance Sheet is a snapshot of the financial position of MG Plc at a specified time, usually calculated after every quarter, six months, or one year. MG Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MG Plc 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 MNG currently owns. An asset can also be divided into two categories, current and non-current.

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MNG Capital Expenditures vs Net Income Analysis

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

Correlation Coefficient

Capital Expenditures

Net Income

MG Plc fundamental ratios Correlations

MG Plc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MG Plc fundamental ratios Accounts

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Other Information on Investing in MNG Stock

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Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Non Currrent Assets Other
Property Plant And Equipment Net	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.97	Total Current Liabilities

Other Stockholder Equity	- 0.95	Short Term Investments
Other Stockholder Equity	- 0.95	Net Debt
Total Stockholder Equity	- 0.95	Total Current Liabilities
Other Stockholder Equity	- 0.95	Short Long Term Debt Total
Other Stockholder Equity	- 0.94	Long Term Debt
Other Stockholder Equity	- 0.94	Property Plant And Equipment Net