Materialise Interest Expense vs Minority Interest Analysis

MTLS Stock  USD 7.04  0.06  0.85%   
Materialise financial indicator trend analysis is infinitely more than just investigating Materialise NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Materialise NV is a good investment. Please check the relationship between Materialise Interest Expense and its Minority Interest accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Materialise NV. 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.

Interest Expense vs Minority Interest

Interest Expense vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Materialise NV Interest Expense account and Minority Interest. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Materialise's Interest Expense and Minority Interest is 0.41. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Materialise NV, assuming nothing else is changed. The correlation between historical values of Materialise's Interest Expense and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Materialise NV are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Interest Expense i.e., Materialise's Interest Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Materialise NV whose combined shares represent less than 50% of the total outstanding shares issued by Materialise have a minority interest in Materialise.
Most indicators from Materialise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Materialise NV 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 Materialise NV. 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.
Selling General Administrative is likely to drop to about 26.2 M in 2025. Tax Provision is likely to drop to about 66.7 K in 2025
 2022 2023 2024 2025 (projected)
Interest Expense4.4M2.1M2.4M3.4M
Depreciation And Amortization21.6M21.6M24.8M26.0M

Materialise fundamental ratios Correlations

0.820.830.990.880.970.44-0.590.980.960.980.950.960.80.930.780.850.940.890.940.680.990.850.970.920.93
0.820.560.780.590.890.6-0.140.810.780.830.770.710.510.631.00.640.840.610.960.380.780.640.870.590.78
0.830.560.860.950.780.14-0.680.820.780.830.770.810.940.870.510.910.740.950.720.920.810.950.810.920.79
0.990.780.860.880.970.37-0.560.990.920.990.910.980.840.940.740.870.940.890.920.720.960.860.970.940.96
0.880.590.950.880.810.16-0.770.860.860.840.860.870.940.850.550.930.81.00.750.880.890.950.820.90.8
0.970.890.780.970.810.42-0.40.970.890.990.880.940.780.870.870.850.960.830.980.650.930.830.990.850.96
0.440.60.140.370.160.42-0.120.430.510.390.510.290.020.320.620.080.40.180.54-0.250.460.040.50.260.34
-0.59-0.14-0.68-0.56-0.77-0.4-0.12-0.53-0.71-0.46-0.72-0.56-0.59-0.67-0.09-0.53-0.4-0.76-0.33-0.59-0.69-0.59-0.43-0.72-0.39
0.980.810.820.990.860.970.43-0.530.910.980.910.970.810.90.790.870.950.870.940.670.960.830.970.890.96
0.960.780.780.920.860.890.51-0.710.910.891.00.870.690.890.740.740.850.870.880.590.990.780.890.890.81
0.980.830.830.990.840.990.39-0.460.980.890.880.960.820.910.80.870.950.850.950.690.930.850.990.90.97
0.950.770.770.910.860.880.51-0.720.911.00.880.870.680.890.730.730.850.870.870.580.990.780.880.880.8
0.960.710.810.980.870.940.29-0.560.970.870.960.870.850.890.680.890.940.880.870.720.930.840.930.90.95
0.80.510.940.840.940.780.02-0.590.810.690.820.680.850.770.480.970.750.940.690.930.750.940.780.830.81
0.930.630.870.940.850.870.32-0.670.90.890.910.890.890.770.580.760.830.860.80.720.920.810.890.990.86
0.781.00.510.740.550.870.62-0.090.790.740.80.730.680.480.580.610.820.570.940.330.750.60.850.540.76
0.850.640.910.870.930.850.08-0.530.870.740.870.730.890.970.760.610.840.940.790.90.80.960.830.810.86
0.940.840.740.940.80.960.4-0.40.950.850.950.850.940.750.830.820.840.80.940.620.90.790.950.810.94
0.890.610.950.891.00.830.18-0.760.870.870.850.870.880.940.860.570.940.80.770.880.890.950.830.90.81
0.940.960.720.920.750.980.54-0.330.940.880.950.870.870.690.80.940.790.940.770.550.90.770.970.770.91
0.680.380.920.720.880.65-0.25-0.590.670.590.690.580.720.930.720.330.90.620.880.550.640.940.630.790.68
0.990.780.810.960.890.930.46-0.690.960.990.930.990.930.750.920.750.80.90.890.90.640.820.930.910.87
0.850.640.950.860.950.830.04-0.590.830.780.850.780.840.940.810.60.960.790.950.770.940.820.810.860.82
0.970.870.810.970.820.990.5-0.430.970.890.990.880.930.780.890.850.830.950.830.970.630.930.810.870.96
0.920.590.920.940.90.850.26-0.720.890.890.90.880.90.830.990.540.810.810.90.770.790.910.860.870.85
0.930.780.790.960.80.960.34-0.390.960.810.970.80.950.810.860.760.860.940.810.910.680.870.820.960.85
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Materialise Account Relationship Matchups

Materialise fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets327.7M413.4M411.3M396.6M456.1M256.3M
Short Long Term Debt Total115.1M99.1M81.0M64.4M74.1M68.0M
Other Current Liab48.3M49.3M61.7M56.4M64.9M68.1M
Total Current Liabilities84.4M91.4M106.1M105.0M120.7M67.0M
Total Stockholder Equity133.1M232.6M229.0M236.6M272.1M285.8M
Property Plant And Equipment Net99.3M93.5M102.7M103.5M119.0M72.1M
Current Deferred Revenue29.6M33.3M41.7M86.5K99.5K94.5K
Net Debt3.6M(96.9M)(59.9M)(63.2M)(56.9M)(54.0M)
Accounts Payable17.7M20.2M23.2M21.2M24.4M15.4M
Cash111.5M196.0M140.9M127.6M146.7M88.3M
Non Current Assets Total166.9M155.6M194.8M190.2M218.7M117.4M
Cash And Short Term Investments111.5M196.0M140.9M127.6M146.7M89.1M
Net Receivables30.9M41.5M51.0M52.7M60.6M33.1M
Good Will20.3M18.7M44.2M43.2M49.6M52.1M
Liabilities And Stockholders Equity327.7M413.4M411.3M396.6M456.1M256.3M
Non Current Liabilities Total110.1M89.4M76.2M55.1M63.4M64.3M
Inventory10.0M11.3M16.1M17.0M19.6M20.6M
Other Current Assets8.3M8.9M8.4M9.3M10.7M6.9M
Other Stockholder Equity141.2M233.9M233.9M233.9M269.0M282.5M
Total Liab194.6M180.8M182.3M160.0M184.0M131.3M
Property Plant And Equipment Gross99.3M93.5M102.7M200.0M229.9M241.4M
Total Current Assets160.7M257.8M216.4M206.5M237.4M138.9M
Accumulated Other Comprehensive Income(4.9M)(6.7M)(8.3M)(7.6M)(6.9M)(6.5M)
Short Term Debt17.5M21.2M20.0M25.5M29.3M30.8M
Intangible Assets33.0M31.7M37.9M31.5M36.2M20.9M
Common Stock3.1M4.1M4.5M4.5M5.2M3.5M
Other Liab11.5M12.5M11.5M15.2M17.5M9.8M
Other Assets14.3M7.7M1K(1K)(1.2K)(1.1K)
Long Term Debt90.5M72.6M55.9M33.6M38.6M57.0M
Common Stock Shares Outstanding53.4M56.8M59.1M59.1M67.9M<