MNG Other Liab vs Common Stock Total Equity 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 Other Liab and its Common Stock Total Equity 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.

Other Liab vs Common Stock Total Equity

Other Liab vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MG Plc Other Liab account and Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between MG Plc's Other Liab and Common Stock Total Equity is -0.82. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock Total Equity 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 Other Liab and Common Stock Total 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 Other Liab of MG Plc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Liab i.e., MG Plc's Other Liab and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 Expense321M298M366M244.6M
Depreciation And Amortization148M176M202.4M136.7M

MG Plc fundamental ratios Correlations

0.07-0.33-0.170.42-0.140.45-0.02-0.18-0.10.80.36-0.060.290.080.80.32-0.62-0.190.61-0.07-0.05-0.02-0.040.990.94
0.070.710.93-0.80.8-0.80.980.96-0.120.480.690.92-0.061.00.48-0.780.69-0.9-0.420.950.950.68-0.950.17-0.18
-0.330.710.72-0.670.69-0.790.740.77-0.380.090.530.55-0.230.70.09-0.890.78-0.63-0.730.620.630.46-0.67-0.27-0.47
-0.170.930.72-0.950.72-0.90.920.930.050.290.50.95-0.270.920.29-0.880.8-0.82-0.420.910.970.52-0.81-0.07-0.38
0.42-0.8-0.67-0.95-0.680.95-0.81-0.88-0.2-0.03-0.33-0.870.36-0.8-0.030.87-0.90.710.52-0.84-0.89-0.430.70.320.58
-0.140.80.690.72-0.68-0.810.720.8-0.330.310.770.65-0.320.80.31-0.720.67-0.82-0.670.680.750.42-0.75-0.07-0.26
0.45-0.8-0.79-0.90.95-0.81-0.78-0.89-0.05-0.04-0.49-0.780.42-0.8-0.040.93-0.930.780.73-0.78-0.83-0.410.720.360.58
-0.020.980.740.92-0.810.72-0.780.96-0.110.380.560.90.020.970.38-0.780.74-0.8-0.410.970.930.75-0.940.07-0.3
-0.180.960.770.93-0.880.8-0.890.96-0.090.230.560.9-0.040.960.23-0.820.84-0.82-0.570.970.930.74-0.95-0.09-0.43
-0.1-0.12-0.380.05-0.2-0.33-0.05-0.11-0.09-0.18-0.430.05-0.14-0.12-0.180.020.070.050.210.04-0.02-0.190.19-0.08-0.09
0.80.480.090.29-0.030.31-0.040.380.23-0.180.730.38-0.140.491.0-0.19-0.25-0.620.240.270.420.03-0.320.840.72
0.360.690.530.5-0.330.77-0.490.560.56-0.430.730.5-0.320.70.73-0.560.21-0.86-0.430.460.60.21-0.60.410.3
-0.060.920.550.95-0.870.65-0.780.90.90.050.380.5-0.170.920.38-0.730.66-0.8-0.30.920.990.55-0.810.04-0.27
0.29-0.06-0.23-0.270.36-0.320.420.02-0.04-0.14-0.14-0.32-0.17-0.08-0.140.49-0.170.340.340.09-0.230.62-0.20.260.09
0.081.00.70.92-0.80.8-0.80.970.96-0.120.490.70.92-0.080.49-0.790.68-0.91-0.420.950.960.67-0.940.17-0.17
0.80.480.090.29-0.030.31-0.040.380.23-0.181.00.730.38-0.140.49-0.19-0.25-0.620.240.270.420.03-0.320.840.72
0.32-0.78-0.89-0.880.87-0.720.93-0.78-0.820.02-0.19-0.56-0.730.49-0.79-0.19-0.830.80.67-0.71-0.79-0.310.660.230.43
-0.620.690.780.8-0.90.67-0.930.740.840.07-0.250.210.66-0.170.68-0.25-0.83-0.54-0.730.760.70.56-0.7-0.55-0.79
-0.19-0.9-0.63-0.820.71-0.820.78-0.8-0.820.05-0.62-0.86-0.80.34-0.91-0.620.8-0.540.46-0.76-0.86-0.370.79-0.28-0.04
0.61-0.42-0.73-0.420.52-0.670.73-0.41-0.570.210.24-0.43-0.30.34-0.420.240.67-0.730.46-0.39-0.37-0.290.460.580.62
-0.070.950.620.91-0.840.68-0.780.970.970.040.270.460.920.090.950.27-0.710.76-0.76-0.390.920.8-0.950.02-0.36
-0.050.950.630.97-0.890.75-0.830.930.93-0.020.420.60.99-0.230.960.42-0.790.7-0.86-0.370.920.54-0.850.05-0.26
-0.020.680.460.52-0.430.42-0.410.750.74-0.190.030.210.550.620.670.03-0.310.56-0.37-0.290.80.54-0.860.02-0.34
-0.04-0.95-0.67-0.810.7-0.750.72-0.94-0.950.19-0.32-0.6-0.81-0.2-0.94-0.320.66-0.70.790.46-0.95-0.85-0.86-0.120.25
0.990.17-0.27-0.070.32-0.070.360.07-0.09-0.080.840.410.040.260.170.840.23-0.55-0.280.580.020.050.02-0.120.91
0.94-0.18-0.47-0.380.58-0.260.58-0.3-0.43-0.090.720.3-0.270.09-0.170.720.43-0.79-0.040.62-0.36-0.26-0.340.250.91
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MG Plc Account Relationship Matchups

MG Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets214.3B217.0B217.5B190.4B189.6B168.9B
Short Long Term Debt Total7.9B8.6B9.3B8.0B8.5B7.2B
Other Current Liab(490M)(2.7B)6.9B2.3B6.9B7.2B
Total Current Liabilities6.3B5.7B7.3B7.7B7.0B5.2B
Total Stockholder Equity5.1B5.6B5.3B2.8B4.0B4.9B
Other Liab184.3B202.6B203.4B191.6B220.3B212.2B
Net Tangible Assets3.7B4.1B3.7B905M814.5M773.8M
Property Plant And Equipment Net1.5B2.1B2.5B2.0B2.1B1.7B
Net Debt1.8B1.8B2.4B3.1B2.9B3.0B
Accounts Payable192M2.4B52M4.7B40M38M
Cash6.0B6.8B6.9B4.9B5.6B4.7B
Non Current Assets Total186.6B183.3B185.5B157.9B184.0B193.6B
Non Currrent Assets Other167.5B160.2B161.7B130.1B40.8B20.9B
Other Assets54.5B57.8B48.6B45.7B(27.6B)(26.2B)
Long Term Debt7.5B8.3B8.9B7.5B8.1B6.9B
Cash And Short Term Investments6.0B6.8B6.9B4.9B5.6B4.7B
Net Receivables3.2B1.8B2.0B375M337.5M320.6M
Common Stock Shares Outstanding2.6B2.6B2.6B2.5B2.4B2.0B
Short Term Investments18.2B23.3B21.0B24.3B18.0B17.2B
Liabilities And Stockholders Equity214.3B217.0B217.5B190.4B189.6B168.9B
Non Current Liabilities Total202.9B205.7B204.8B179.8B177.4B135.6B
Other Current Assets27.6B33.7B32.0B32.5B27.6B32.0B
Other Stockholder Equity(11.3B)(11.4B)(11.5B)(11.4B)(11.3B)(11.9B)
Total Liab209.2B211.4B212.1B187.5B185.5B164.0B
Long Term Investments162.3B160.0B159.0B136.2B138.9B126.0B
Property Plant And Equipment Gross1.5B2.1B3.1B2.6B2.9B1.9B
Total Current Assets27.6B33.7B32.0B32.4B33.2B31.6B
Accumulated Other Comprehensive Income42M74M72M119M99M104.0M
Short Term Debt32M22M25M35M29M27.6M
Intangible Assets1.4B1.5B1.6B1.9B296M281.2M
Property Plant Equipment1.5B2.1B2.5B2.0B2.2B1.6B
Retained Earnings4.6B5.1B4.8B2.3B15.2B7.8B
Capital Lease Obligations360M354M413M420M387M359.7M
Net Invested Capital12.6B13.8B14.2B10.3B12.1B12.7B
Current Deferred Revenue298M276M323M113M97M92.2M

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Other Information on Investing in MNG Stock

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.