MNG Total Stockholder Equity vs Common Stock Total Equity Analysis

MNG Stock   212.80  0.80  0.37%   
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 Total Stockholder Equity 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.

Total Stockholder Equity vs Common Stock Total Equity

Total Stockholder Equity 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 Total Stockholder Equity account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between MG Plc's Total Stockholder Equity and Common Stock Total Equity is 0.74. Overlapping area represents the amount of variation of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity i.e., MG Plc's Total Stockholder Equity and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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
 2022 2024 2025 (projected)
Interest Expense298M420.9M244.6M
Depreciation And Amortization176M202.4M136.7M

MG Plc fundamental ratios Correlations

-0.1-0.48-0.320.51-0.280.54-0.18-0.310.020.780.05-0.140.35-0.090.780.42-0.69-0.060.7-0.18-0.18-0.10.051.00.95
-0.10.740.94-0.830.8-0.830.980.96-0.210.390.740.9-0.141.00.39-0.810.71-0.9-0.530.950.960.69-0.94-0.01-0.31
-0.480.740.76-0.720.66-0.830.770.8-0.450.00.650.57-0.310.740.0-0.90.81-0.66-0.820.650.670.48-0.67-0.42-0.59
-0.320.940.76-0.960.72-0.920.930.93-0.060.20.60.93-0.330.940.2-0.890.8-0.83-0.550.910.970.54-0.82-0.23-0.49
0.51-0.83-0.72-0.96-0.660.96-0.83-0.89-0.080.02-0.46-0.870.41-0.830.020.89-0.850.740.61-0.85-0.9-0.460.720.430.65
-0.280.80.660.72-0.66-0.750.720.78-0.310.210.870.66-0.310.80.21-0.670.73-0.79-0.770.70.750.47-0.71-0.22-0.36
0.54-0.83-0.83-0.920.96-0.75-0.82-0.90.050.02-0.59-0.790.47-0.830.020.94-0.870.790.78-0.8-0.86-0.440.730.470.65
-0.180.980.770.93-0.830.72-0.820.96-0.20.30.640.89-0.070.980.3-0.810.74-0.82-0.520.970.940.75-0.93-0.09-0.41
-0.310.960.80.93-0.890.78-0.90.96-0.180.150.630.9-0.120.960.15-0.850.79-0.83-0.650.960.930.75-0.94-0.23-0.52
0.02-0.21-0.45-0.06-0.08-0.310.05-0.2-0.18-0.14-0.48-0.01-0.07-0.21-0.140.11-0.140.120.31-0.04-0.1-0.220.230.030.03
0.780.390.00.20.020.210.020.30.15-0.140.540.33-0.110.41.0-0.13-0.27-0.560.270.220.340.0-0.290.820.71
0.050.740.650.6-0.460.87-0.590.640.63-0.480.540.52-0.380.750.54-0.640.51-0.84-0.60.520.650.27-0.610.10.0
-0.140.90.570.93-0.870.66-0.790.890.9-0.010.330.52-0.220.90.33-0.750.58-0.81-0.370.920.970.57-0.83-0.06-0.34
0.35-0.14-0.31-0.330.41-0.310.47-0.07-0.12-0.07-0.11-0.38-0.22-0.15-0.110.52-0.280.380.390.02-0.280.56-0.150.320.17
-0.091.00.740.94-0.830.8-0.830.980.96-0.210.40.750.9-0.150.4-0.820.71-0.91-0.530.950.960.68-0.94-0.01-0.3
0.780.390.00.20.020.210.020.30.15-0.141.00.540.33-0.110.4-0.13-0.27-0.560.270.220.340.0-0.290.820.71
0.42-0.81-0.9-0.890.89-0.670.94-0.81-0.850.11-0.13-0.64-0.750.52-0.82-0.13-0.80.810.73-0.73-0.82-0.350.670.350.52
-0.690.710.810.8-0.850.73-0.870.740.79-0.14-0.270.510.58-0.280.71-0.27-0.8-0.55-0.820.710.690.51-0.63-0.64-0.8
-0.06-0.9-0.66-0.830.74-0.790.79-0.82-0.830.12-0.56-0.84-0.810.38-0.91-0.560.81-0.550.51-0.78-0.87-0.40.8-0.140.08
0.7-0.53-0.82-0.550.61-0.770.78-0.52-0.650.310.27-0.6-0.370.39-0.530.270.73-0.820.51-0.47-0.47-0.340.480.660.7
-0.180.950.650.91-0.850.7-0.80.970.96-0.040.220.520.920.020.950.22-0.730.71-0.78-0.470.930.8-0.95-0.1-0.43
-0.180.960.670.97-0.90.75-0.860.940.93-0.10.340.650.97-0.280.960.34-0.820.69-0.87-0.470.930.56-0.85-0.09-0.37
-0.10.690.480.54-0.460.47-0.440.750.75-0.220.00.270.570.560.680.0-0.350.51-0.4-0.340.80.56-0.87-0.05-0.38
0.05-0.94-0.67-0.820.72-0.710.73-0.93-0.940.23-0.29-0.61-0.83-0.15-0.94-0.290.67-0.630.80.48-0.95-0.85-0.87-0.030.3
1.0-0.01-0.42-0.230.43-0.220.47-0.09-0.230.030.820.1-0.060.32-0.010.820.35-0.64-0.140.66-0.1-0.09-0.05-0.030.93
0.95-0.31-0.59-0.490.65-0.360.65-0.41-0.520.030.710.0-0.340.17-0.30.710.52-0.80.080.7-0.43-0.37-0.380.30.93
Click cells to compare fundamentals

MG Plc Account Relationship Matchups

MG Plc fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets217.0B217.5B190.4B189.6B170.7B168.9B
Short Long Term Debt Total8.6B9.3B8.0B8.5B9.7B7.2B
Other Current Liab(2.7B)6.9B2.3B6.9B7.9B8.3B
Total Current Liabilities5.7B7.3B7.7B7.0B8.1B5.2B
Total Stockholder Equity5.6B5.3B2.8B4.0B3.6B4.9B
Other Liab184.3B202.6B203.4B191.6B220.3B212.2B
Net Tangible Assets3.7B4.1B3.7B905M814.5M773.8M
Property Plant And Equipment Net2.1B2.5B2.0B2.1B2.4B1.7B
Net Debt1.8B2.4B3.1B2.9B3.3B3.5B
Accounts Payable2.4B52M4.7B40M46M43.7M
Cash6.8B6.9B4.9B5.6B5.0B4.7B
Non Current Assets Total183.3B185.5B157.9B184.0B211.6B193.6B
Non Currrent Assets Other160.2B161.7B130.1B40.8B46.9B49.3B
Other Assets57.8B48.6B45.7B(27.6B)(24.8B)(23.6B)
Long Term Debt8.3B8.9B7.5B8.1B9.3B6.9B
Cash And Short Term Investments6.8B6.9B4.9B5.6B5.0B4.7B
Net Receivables3.2B1.8B2.0B375M337.5M320.6M
Common Stock Shares Outstanding2.6B2.6B2.5B2.4B2.2B2.0B
Short Term Investments23.3B21.0B24.3B18.0B20.7B17.2B
Liabilities And Stockholders Equity217.0B217.5B190.4B189.6B170.7B168.9B
Non Current Liabilities Total205.7B204.8B179.8B177.4B204.0B135.6B
Other Current Assets33.7B32.0B32.5B27.6B31.8B32.0B
Other Stockholder Equity(11.4B)(11.5B)(11.4B)(11.3B)(10.2B)(10.7B)
Total Liab211.4B212.1B187.5B185.5B167.0B164.0B
Long Term Investments160.0B159.0B136.2B138.9B125.0B126.0B
Property Plant And Equipment Gross2.1B3.1B2.6B2.9B3.3B1.9B
Total Current Assets33.7B32.0B32.4B33.2B38.2B31.6B
Accumulated Other Comprehensive Income74M72M119M99M113.9M119.5M
Short Term Debt22M25M35M29M26.1M24.8M
Intangible Assets1.5B1.6B1.9B296M340.4M323.4M
Property Plant Equipment1.5B2.1B2.5B2.0B2.2B1.6B
Retained Earnings5.1B4.8B2.3B15.2B17.5B18.4B
Capital Lease Obligations354M413M420M387M445.1M359.7M
Net Invested Capital13.8B14.2B10.3B12.1B13.9B12.7B
Current Deferred Revenue276M323M113M97M87.3M82.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.