Mercury Intangible Assets vs Accounts Payable Analysis

MRCY Stock  USD 41.05  0.46  1.11%   
Mercury Systems financial indicator trend analysis is infinitely more than just investigating Mercury Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury Systems is a good investment. Please check the relationship between Mercury Systems Intangible Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury Systems Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mercury Systems' Intangible Assets and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Mercury Systems, assuming nothing else is changed. The correlation between historical values of Mercury Systems' Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Mercury Systems are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Mercury Systems' Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Mercury Systems obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mercury Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Mercury Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercury Systems 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 Mercury Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.At this time, Mercury Systems' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 33.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 85.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit395.0M316.7M195.9M183.7M
Total Revenue988.2M973.9M835.3M877.0M

Mercury Systems fundamental ratios Correlations

0.880.980.970.960.760.810.950.511.00.020.430.970.810.90.980.270.970.930.860.990.790.78-0.1-0.130.78
0.880.860.870.830.60.620.810.620.870.10.520.810.690.780.860.190.890.810.870.880.690.69-0.11-0.030.67
0.980.860.920.930.830.710.970.450.970.070.350.980.730.941.00.280.930.970.90.980.870.7-0.07-0.170.69
0.970.870.920.940.590.870.890.610.97-0.040.550.910.870.780.930.211.00.820.770.960.650.84-0.13-0.10.85
0.960.830.930.940.730.870.910.420.970.030.350.940.80.850.940.340.930.880.810.930.720.73-0.01-0.180.73
0.760.60.830.590.730.450.84-0.050.760.16-0.170.850.430.950.820.360.590.930.760.740.930.390.02-0.080.36
0.810.620.710.870.870.450.760.360.83-0.240.40.770.90.580.730.350.820.620.440.750.420.82-0.12-0.090.85
0.950.810.970.890.910.840.760.350.950.060.260.990.730.920.960.350.890.940.790.950.840.69-0.04-0.170.69
0.510.620.450.610.42-0.050.360.350.47-0.090.960.350.470.250.46-0.120.650.30.50.580.150.52-0.17-0.30.52
1.00.870.970.970.970.760.830.950.470.00.390.960.830.890.970.250.970.920.830.970.770.79-0.11-0.080.8
0.020.10.07-0.040.030.16-0.240.06-0.090.0-0.210.05-0.330.120.09-0.270.00.110.220.040.02-0.410.820.01-0.42
0.430.520.350.550.35-0.170.40.260.960.39-0.210.270.530.130.35-0.090.580.180.350.480.010.58-0.18-0.280.57
0.970.810.980.910.940.850.770.990.350.960.050.270.740.940.980.370.910.960.830.970.870.7-0.05-0.160.7
0.810.690.730.870.80.430.90.730.470.83-0.330.530.740.580.740.250.850.620.510.760.450.98-0.290.120.98
0.90.780.940.780.850.950.580.920.250.890.120.130.940.580.940.330.781.00.890.90.940.55-0.04-0.150.53
0.980.861.00.930.940.820.730.960.460.970.090.350.980.740.940.290.940.960.90.990.860.7-0.05-0.160.69
0.270.190.280.210.340.360.350.35-0.120.25-0.27-0.090.370.250.330.290.180.320.210.290.420.2-0.13-0.390.18
0.970.890.931.00.930.590.820.890.650.970.00.580.910.850.780.940.180.830.80.960.660.83-0.12-0.10.83
0.930.810.970.820.880.930.620.940.30.920.110.180.960.621.00.960.320.830.90.930.930.59-0.05-0.160.57
0.860.870.90.770.810.760.440.790.50.830.220.350.830.510.890.90.210.80.90.880.850.51-0.01-0.20.47
0.990.880.980.960.930.740.750.950.580.970.040.480.970.760.90.990.290.960.930.880.810.74-0.08-0.220.73
0.790.690.870.650.720.930.420.840.150.770.020.010.870.450.940.860.420.660.930.850.810.46-0.2-0.130.43
0.780.690.70.840.730.390.820.690.520.79-0.410.580.70.980.550.70.20.830.590.510.740.46-0.410.120.99
-0.1-0.11-0.07-0.13-0.010.02-0.12-0.04-0.17-0.110.82-0.18-0.05-0.29-0.04-0.05-0.13-0.12-0.05-0.01-0.08-0.2-0.41-0.28-0.43
-0.13-0.03-0.17-0.1-0.18-0.08-0.09-0.17-0.3-0.080.01-0.28-0.160.12-0.15-0.16-0.39-0.1-0.16-0.2-0.22-0.130.12-0.280.14
0.780.670.690.850.730.360.850.690.520.8-0.420.570.70.980.530.690.180.830.570.470.730.430.99-0.430.14
Click cells to compare fundamentals

Mercury Systems Account Relationship Matchups

Mercury Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.0B2.3B2.4B2.4B2.5B
Other Current Liab58.1M44.7M73.5M38.0M79.3M83.3M
Total Current Liabilities125.9M150.8M193.9M233.3M234.4M246.1M
Total Stockholder Equity1.4B1.5B1.5B1.6B1.5B1.5B
Property Plant And Equipment Net148.4M194.9M193.6M182.6M171.2M179.8M
Net Debt(159.9M)157.7M455.7M506.7M473.6M497.2M
Retained Earnings312.5M374.5M385.8M357.4M219.8M162.4M
Accounts Payable41.9M48.0M98.7M104.0M81.1M85.1M
Cash226.8M113.8M65.7M71.6M180.5M189.5M
Non Current Assets Total976.0M1.3B1.5B1.5B1.4B1.5B
Non Currrent Assets Other4.8M4.7M6.2M5.0M6.7M13.3M
Cash And Short Term Investments226.8M113.8M65.7M71.6M180.5M111.2M
Net Receivables210.7M291.7M447.9M507.3M415.5M436.2M
Common Stock Shares Outstanding55.1M55.5M55.9M56.6M57.7M36.4M
Liabilities And Stockholders Equity1.6B2.0B2.3B2.4B2.4B2.5B
Non Current Liabilities Total100.0M320.2M572.4M591.4M671.7M705.3M
Inventory178.1M221.6M270.3M337.2M335.3M352.1M
Other Current Assets19.1M15.9M31.4M21.0M22.5M14.9M
Other Stockholder Equity1.1B1.1B1.1B1.2B1.2B1.3B
Total Liab225.9M471.0M766.3M824.7M906.1M951.4M
Property Plant And Equipment Gross148.4M194.9M193.6M182.6M444.3M466.5M
Total Current Assets634.8M643.1M814.3M937.0M953.8M1.0B
Accumulated Other Comprehensive Income(2.9M)(339K)5.5M11.8M10.0M10.5M
Common Stock Total Equity547K552K557K570K655.5K357.5K
Common Stock547K552K557K570K581K368.3K
Other Assets4.8M4.7M6.2M35.6M1.00.95
Property Plant Equipment148.4M194.9M193.6M119.6M137.5M144.4M
Other Liab33.0M48.7M51.0M13.1M15.1M15.8M
Current Deferred Revenue19.0M38.2M15.5M56.6M73.9M77.6M
Good Will614.1M804.9M937.9M938.1M1.1B1.1B
Intangible Assets208.7M307.6M351.5M298.1M250.5M263.0M
Net Tangible Assets562.0M371.7M247.8M330.5M380.1M282.6M
Deferred Long Term Liab13.6M17.8M28.8M32.4M37.3M39.1M
Non Current Liabilities Other15.0M12.4M10.4M8.0M9.9M10.2M

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