MSA Accumulated Depreciation vs Net Tangible Assets Analysis

MSA Stock  USD 158.25  4.52  2.78%   
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 Net Tangible 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 Net Tangible Assets

Accumulated Depreciation vs Net Tangible 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 Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between MSA Safety's Accumulated Depreciation and Net Tangible Assets is 0.29. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Tangible 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 Net Tangible 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 Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accumulated Depreciation i.e., MSA Safety's Accumulated Depreciation and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.7 B, whereas Selling General Administrative is forecasted to decline to about 268.4 M.
 2022 2023 2024 2025 (projected)
Gross Profit673.8M852.1M860.4M903.5M
Total Revenue1.5B1.8B1.8B950.3M

MSA Safety fundamental ratios Correlations

0.420.690.80.930.750.220.930.921.00.310.850.78-0.530.80.910.56-0.870.810.820.850.360.860.930.960.23
0.420.750.730.10.270.970.190.320.440.250.30.68-0.320.780.24-0.47-0.370.780.130.60.110.630.230.230.22
0.690.750.920.420.530.610.490.670.680.390.680.82-0.360.910.49-0.11-0.610.920.320.870.210.830.550.550.58
0.80.730.920.590.710.570.660.790.790.520.770.96-0.450.930.590.05-0.770.960.450.960.40.960.710.70.41
0.930.10.420.590.78-0.110.960.890.910.260.810.61-0.480.540.910.77-0.840.560.880.690.420.720.950.980.1
0.750.270.530.710.780.10.710.710.730.260.620.7-0.190.620.750.41-0.650.640.70.810.50.780.760.770.31
0.220.970.610.57-0.110.1-0.030.090.240.150.080.52-0.20.640.07-0.62-0.160.63-0.020.42-0.010.450.010.00.14
0.930.190.490.660.960.71-0.030.940.910.420.870.71-0.670.590.820.71-0.930.610.760.730.430.760.930.970.12
0.920.320.670.790.890.710.090.940.90.440.960.8-0.60.690.750.54-0.930.720.630.810.50.830.940.950.34
1.00.440.680.790.910.730.240.910.90.270.820.77-0.520.810.90.55-0.860.810.840.820.350.850.920.950.19
0.310.250.390.520.260.260.150.420.440.270.440.66-0.680.350.120.07-0.60.39-0.030.490.040.540.270.29-0.02
0.850.30.680.770.810.620.080.870.960.820.440.76-0.570.640.660.47-0.860.680.530.780.510.770.890.890.43
0.780.680.820.960.610.70.520.710.80.770.660.76-0.590.880.580.12-0.820.910.430.940.420.960.690.710.26
-0.53-0.32-0.36-0.45-0.48-0.19-0.2-0.67-0.6-0.52-0.68-0.57-0.59-0.4-0.29-0.30.8-0.42-0.17-0.44-0.12-0.51-0.44-0.50.03
0.80.780.910.930.540.620.640.590.690.810.350.640.88-0.40.640.05-0.671.00.520.920.230.910.620.650.36
0.910.240.490.590.910.750.070.820.750.90.120.660.58-0.290.640.62-0.670.640.960.720.210.710.840.880.07
0.56-0.47-0.110.050.770.41-0.620.710.540.550.070.470.12-0.30.050.62-0.490.050.670.20.270.240.620.68-0.14
-0.87-0.37-0.61-0.77-0.84-0.65-0.16-0.93-0.93-0.86-0.6-0.86-0.820.8-0.67-0.67-0.49-0.7-0.57-0.78-0.38-0.84-0.87-0.87-0.15
0.810.780.920.960.560.640.630.610.720.810.390.680.91-0.421.00.640.05-0.70.510.940.270.930.650.660.38
0.820.130.320.450.880.7-0.020.760.630.84-0.030.530.43-0.170.520.960.67-0.570.510.570.210.590.80.82-0.08
0.850.60.870.960.690.810.420.730.810.820.490.780.94-0.440.920.720.2-0.780.940.570.380.970.750.770.4
0.360.110.210.40.420.5-0.010.430.50.350.040.510.42-0.120.230.210.27-0.380.270.210.380.40.510.490.14
0.860.630.830.960.720.780.450.760.830.850.540.770.96-0.510.910.710.24-0.840.930.590.970.40.780.780.26
0.930.230.550.710.950.760.010.930.940.920.270.890.69-0.440.620.840.62-0.870.650.80.750.510.780.980.2
0.960.230.550.70.980.770.00.970.950.950.290.890.71-0.50.650.880.68-0.870.660.820.770.490.780.980.2
0.230.220.580.410.10.310.140.120.340.19-0.020.430.260.030.360.07-0.14-0.150.38-0.080.40.140.260.20.2
Click cells to compare fundamentals

MSA Safety Account Relationship Matchups

MSA Safety fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B2.4B2.4B2.2B2.2B2.3B
Short Long Term Debt Total351.8M607.2M572.8M646.2M72.4M68.8M
Other Current Liab200.1M223.8M219.8M174.5M134.9M104.5M
Total Current Liabilities310.5M330.6M345.9M332.8M288.1M174.5M
Total Stockholder Equity809.9M834.4M923.7M966.8M1.1B1.2B
Property Plant And Equipment Net243.1M207.8M207.6M265.2M267.9M177.6M
Net Debt191.1M456.8M409.9M499.7M(92.2M)(87.6M)
Retained Earnings1.1B1.1B1.2B1.1B1.3B1.4B
Cash160.7M140.9M162.9M146.4M164.6M172.8M
Non Current Assets Total1.1B1.6B1.5B1.4B1.4B1.5B
Non Currrent Assets Other200.7M122.5M212.3M192.0M241.3M134.0M
Cash And Short Term Investments160.7M140.9M162.9M146.4M164.6M172.8M
Net Receivables256.1M258.1M303.0M294.7M279.2M174.5M
Common Stock Shares Outstanding39.3M39.4M39.4M39.5M39.5M34.7M
Liabilities And Stockholders Equity1.9B2.4B2.4B2.2B2.2B2.3B
Non Current Liabilities Total752.0M1.2B1.1B870.5M774.4M393.9M
Inventory197.8M280.6M338.3M292.6M296.8M311.6M
Other Current Assets64.7M113.2M66.0M52.5M341.7M358.8M
Other Stockholder Equity(357.1M)(330.4M)(361.4M)(363.3M)(398.2M)(378.3M)
Total Liab1.1B1.6B1.5B1.2B1.1B568.4M
Property Plant And Equipment Gross243.1M663.8M676.1M721.2M741.3M778.3M
Total Current Assets756.4M792.8M880.1M786.3M803.0M446.8M
Accumulated Other Comprehensive Income(182.4M)(149.1M)(158.7M)(129.2M)(141.6M)(148.7M)
Accounts Payable86.9M106.8M112.5M111.9M108.2M58.4M
Common Stock242.7M260.1M282.0M312.3M330.0M346.5M
Common Stock Total Equity229.1M242.7M260.1M282.0M324.3M340.5M
Other Liab358.6M420.3M633.8M506.6M582.6M611.7M
Other Assets26K324.3M(52K)167.1M150.4M113.3M
Long Term Debt287.2M597.7M565.4M575.2M481.6M294.1M
Treasury Stock(305.2M)(327.8M)(330.4M)(361.4M)(325.3M)(341.6M)
Intangible Assets161.1M306.9M281.9M266.1M246.4M141.7M
Property Plant Equipment167.0M189.6M207.8M207.6M238.7M166.5M
Good Will443.3M636.9M620.6M627.5M620.9M651.9M
Net Tangible Assets114.2M194.0M(109.4M)17.7M15.9M15.1M
Retained Earnings Total Equity1.0B1.1B1.1B1.2B1.3B891.9M

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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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
0.153
Dividend Share
2
Earnings Share
7.22
Revenue Per Share
45.926
Quarterly Revenue Growth
0.009
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.