MSA Accumulated Depreciation vs Intangible Assets Analysis

MSA Stock  USD 173.81  0.51  0.29%   
MSA Safety financial indicator trend analysis is infinitely more than just investigating MSA Safety recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MSA Safety is a good investment. Please check the relationship between MSA Safety Accumulated Depreciation and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSA Safety. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade MSA Stock refer to our How to Trade MSA Stock guide.

Accumulated Depreciation vs Intangible Assets

Accumulated Depreciation vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MSA Safety Accumulated Depreciation account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MSA Safety's Accumulated Depreciation and Intangible Assets is -0.13. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of MSA Safety, assuming nothing else is changed. The correlation between historical values of MSA Safety's Accumulated Depreciation and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of MSA Safety are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accumulated Depreciation i.e., MSA Safety's Accumulated Depreciation and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for MSA Safety fixed asset that has been charged to MSA Safety expense since that asset was acquired and made available for MSA Safety use. The accumulated depreciation account is MSA Safety asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by MSA Safety.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from MSA Safety's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MSA Safety 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 MSA Safety. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade MSA Stock refer to our How to Trade MSA Stock guide.At present, MSA Safety's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Selling General Administrative is forecasted to decline to about 262.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit615.3M673.8M852.1M894.7M
Total Revenue1.4B1.5B1.8B923.7M

MSA Safety fundamental ratios Correlations

0.920.750.80.960.730.840.760.761.00.260.690.77-0.550.970.90.58-0.850.980.810.830.30.850.930.960.3
0.920.520.640.880.590.980.620.560.940.190.490.66-0.570.90.830.4-0.770.910.820.650.320.720.840.90.0
0.750.520.950.630.670.390.880.920.740.430.880.87-0.360.80.560.7-0.70.80.40.950.270.910.650.620.57
0.80.640.950.70.740.530.950.960.780.510.910.97-0.450.820.590.62-0.80.830.430.970.380.970.730.710.45
0.960.880.630.70.780.790.70.690.940.230.630.69-0.540.870.910.47-0.840.90.830.760.340.780.950.980.26
0.730.590.670.740.780.50.730.720.710.180.610.69-0.210.650.710.45-0.620.680.630.80.40.770.740.760.47
0.840.980.390.530.790.50.50.410.860.110.340.55-0.510.830.80.31-0.650.830.820.530.250.610.730.81-0.14
0.760.620.880.950.70.730.50.960.750.590.890.97-0.620.760.540.64-0.870.770.380.940.360.950.70.690.38
0.760.560.920.960.690.720.410.960.730.540.960.95-0.510.740.50.64-0.830.760.320.940.460.930.740.70.52
1.00.940.740.780.940.710.860.750.730.230.660.75-0.540.980.890.57-0.840.990.820.810.290.840.920.940.26
0.260.190.430.510.230.180.110.590.540.230.520.64-0.690.240.040.34-0.60.27-0.140.46-0.050.510.220.220.03
0.690.490.880.910.630.610.340.890.960.660.520.89-0.470.680.430.56-0.770.70.250.880.470.860.70.650.59
0.770.660.870.970.690.690.550.970.950.750.640.89-0.60.770.550.61-0.840.790.370.940.370.960.690.690.31
-0.55-0.57-0.36-0.45-0.54-0.21-0.51-0.62-0.51-0.54-0.69-0.47-0.6-0.52-0.3-0.490.82-0.54-0.18-0.46-0.12-0.53-0.46-0.510.02
0.970.90.80.820.870.650.830.760.740.980.240.680.77-0.520.850.65-0.791.00.770.840.220.850.840.870.3
0.90.830.560.590.910.710.80.540.50.890.040.430.55-0.30.850.4-0.620.860.950.690.090.680.810.870.14
0.580.40.70.620.470.450.310.640.640.570.340.560.61-0.490.650.4-0.550.630.250.690.10.690.40.420.48
-0.85-0.77-0.7-0.8-0.84-0.62-0.65-0.87-0.83-0.84-0.6-0.77-0.840.82-0.79-0.62-0.55-0.82-0.49-0.79-0.32-0.85-0.84-0.83-0.23
0.980.910.80.830.90.680.830.770.760.990.270.70.79-0.541.00.860.63-0.820.770.850.260.860.870.90.31
0.810.820.40.430.830.630.820.380.320.82-0.140.250.37-0.180.770.950.25-0.490.770.510.080.540.760.81-0.01
0.830.650.950.970.760.80.530.940.940.810.460.880.94-0.460.840.690.69-0.790.850.510.310.970.730.740.49
0.30.320.270.380.340.40.250.360.460.29-0.050.470.37-0.120.220.090.1-0.320.260.080.310.330.440.440.22
0.850.720.910.970.780.770.610.950.930.840.510.860.96-0.530.850.680.69-0.850.860.540.970.330.770.760.33
0.930.840.650.730.950.740.730.70.740.920.220.70.69-0.460.840.810.4-0.840.870.760.730.440.770.970.29
0.960.90.620.710.980.760.810.690.70.940.220.650.69-0.510.870.870.42-0.830.90.810.740.440.760.970.26
0.30.00.570.450.260.47-0.140.380.520.260.030.590.310.020.30.140.48-0.230.31-0.010.490.220.330.290.26
Click cells to compare fundamentals

MSA Safety Account Relationship Matchups

MSA Safety fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.9B2.4B2.4B2.2B2.3B
Short Long Term Debt Total391.0M351.8M607.2M572.8M646.2M678.5M
Other Current Liab168.4M200.1M223.8M219.8M174.5M103.3M
Total Current Liabilities277.5M310.5M330.6M345.9M332.8M170.8M
Total Stockholder Equity732.6M809.9M834.4M923.7M966.8M1.0B
Property Plant And Equipment Net218.7M243.1M207.8M207.6M265.2M174.6M
Net Debt238.8M191.1M456.8M409.9M499.7M524.7M
Retained Earnings1.0B1.1B1.1B1.2B1.1B626.4M
Cash152.2M160.7M140.9M162.9M146.4M74.9M
Non Current Assets Total1.0B1.1B1.6B1.5B1.4B1.5B
Non Currrent Assets Other207.4M200.7M122.5M212.3M192.0M130.6M
Cash And Short Term Investments152.2M160.7M140.9M162.9M146.4M77.0M
Net Receivables258.8M256.1M258.1M303.0M294.7M171.1M
Common Stock Shares Outstanding39.2M39.3M39.4M39.4M39.5M34.8M
Liabilities And Stockholders Equity1.7B1.9B2.4B2.4B2.2B2.3B
Non Current Liabilities Total729.6M752.0M1.2B1.1B870.5M914.1M
Inventory185.0M197.8M280.6M338.3M292.6M307.2M
Other Current Assets97.4M64.7M113.2M66.0M52.5M44.9M
Other Stockholder Equity(298.4M)(357.1M)(330.4M)(361.4M)(363.3M)(345.1M)
Total Liab1.0B1.1B1.6B1.5B1.2B1.3B
Property Plant And Equipment Gross218.7M243.1M663.8M676.1M721.2M757.3M
Total Current Assets693.4M756.4M792.8M880.1M786.3M435.6M
Accumulated Other Comprehensive Income(214.0M)(182.4M)(149.1M)(158.7M)(129.2M)(135.7M)
Accounts Payable89.1M86.9M106.8M112.5M111.9M56.6M
Common Stock229.1M242.7M260.1M282.0M312.3M327.9M
Common Stock Total Equity229.1M242.7M260.1M282.0M324.3M340.5M
Short Term Investments3.6M55.1M49.9M75.0M49.0M9.9M
Other Liab358.6M420.3M633.8M506.6M582.6M611.7M
Other Assets26K324.3M(52K)167.1M150.4M113.3M
Long Term Debt328.4M287.2M597.7M565.4M575.2M603.9M
Treasury Stock(305.2M)(327.8M)(330.4M)(361.4M)(325.3M)(341.6M)
Intangible Assets171.3M161.1M306.9M281.9M266.1M136.3M
Property Plant Equipment167.0M189.6M207.8M207.6M238.7M166.5M
Good Will436.7M443.3M636.9M620.6M627.5M658.9M
Net Tangible Assets114.2M194.0M(109.4M)17.7M15.9M15.1M
Noncontrolling Interest In Consolidated Entity5.0M5.6M6.8M8.0M7.2M6.8M
Retained Earnings Total Equity1.0B1.1B1.1B1.2B1.3B891.9M

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.
When determining whether MSA Safety offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MSA Safety's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Msa Safety Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Msa Safety Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSA Safety. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade MSA Stock refer to our How to Trade MSA Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MSA Safety. If investors know MSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MSA Safety listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Dividend Share
1.96
Earnings Share
6.92
Revenue Per Share
45.8
Quarterly Revenue Growth
(0.03)
The market value of MSA Safety is measured differently than its book value, which is the value of MSA that is recorded on the company's balance sheet. Investors also form their own opinion of MSA Safety's value that differs from its market value or its book value, called intrinsic value, which is MSA Safety's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MSA Safety's market value can be influenced by many factors that don't directly affect MSA Safety's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MSA Safety's value and its price as these two are different measures arrived at by different means. Investors typically determine if MSA Safety is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MSA Safety's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.