Materialise Non Current Liabilities Total vs Asset Turnover 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 Non Current Liabilities Total and its Asset Turnover 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.

Non Current Liabilities Total vs Asset Turnover

Non Current Liabilities Total vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Materialise NV Non Current Liabilities Total account and Asset Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Materialise's Non Current Liabilities Total and Asset Turnover is -0.76. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Asset Turnover 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 Non Current Liabilities Total and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Materialise NV are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Non Current Liabilities Total i.e., Materialise's Non Current Liabilities Total and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
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.
Enterprise Value is expected to grow to about 544.5 M this year, even though Selling General Administrative is projected to decline to slightly above 26.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.1M4.4M2.1M3.4M
Depreciation And Amortization21.3M21.6M21.6M22.6M

Materialise fundamental ratios Correlations

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0.860.590.830.670.930.66-0.130.850.790.880.780.770.560.631.00.770.870.690.970.410.810.780.890.580.79
0.830.590.860.850.770.35-0.670.810.780.820.780.80.920.880.550.80.720.860.720.90.810.860.810.920.78
0.990.830.860.950.970.6-0.520.990.920.990.910.970.840.920.810.970.930.960.940.680.960.960.970.910.95
0.960.670.850.950.870.55-0.740.920.950.90.950.940.810.940.640.890.831.00.810.680.970.920.890.950.85
0.970.930.770.970.870.61-0.340.970.880.990.870.940.770.830.920.940.950.880.990.610.920.920.990.810.95
0.640.660.350.60.550.61-0.20.630.660.60.660.530.230.460.670.490.580.570.67-0.080.640.450.660.410.48
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0.980.880.820.990.90.990.6-0.40.980.880.870.960.820.880.860.960.940.910.960.660.920.950.990.860.96
0.950.780.780.910.950.870.66-0.690.91.00.870.870.680.860.750.80.830.950.860.560.990.870.870.860.77
0.960.770.80.970.940.940.53-0.520.980.870.960.870.850.860.750.980.930.940.890.660.930.920.940.860.95
0.790.560.920.840.810.770.23-0.570.810.680.820.680.850.770.540.860.730.810.70.90.740.80.790.820.82
0.90.630.880.920.940.830.46-0.640.860.860.880.860.860.770.590.850.780.940.770.720.890.930.860.990.85
0.831.00.550.810.640.920.67-0.080.840.760.860.750.750.540.590.750.870.660.960.380.780.740.880.540.78
0.930.770.80.970.890.940.49-0.420.960.810.960.80.980.860.850.750.920.90.890.680.880.930.930.850.97
0.930.870.720.930.830.950.58-0.350.940.840.940.830.930.730.780.870.920.840.940.570.890.860.940.760.92
0.960.690.860.961.00.880.57-0.720.930.950.910.950.940.810.940.660.90.840.830.680.970.930.90.950.86
0.950.970.720.940.810.990.67-0.290.950.870.960.860.890.70.770.960.890.940.830.540.90.880.970.740.89
0.640.410.90.680.680.61-0.08-0.590.630.570.660.560.660.90.720.380.680.570.680.540.610.740.610.790.67
0.980.810.810.960.970.920.64-0.650.950.990.920.990.930.740.890.780.880.890.970.90.610.910.920.880.84
0.950.780.860.960.920.920.45-0.510.920.880.950.870.920.80.930.740.930.860.930.880.740.910.920.930.91
0.970.890.810.970.890.990.66-0.380.970.880.990.870.940.790.860.880.930.940.90.970.610.920.920.840.94
0.890.580.920.910.950.810.41-0.70.850.860.860.860.860.820.990.540.850.760.950.740.790.880.930.840.84
0.920.790.780.950.850.950.48-0.340.940.780.960.770.950.820.850.780.970.920.860.890.670.840.910.940.84
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Materialise Account Relationship Matchups

Materialise fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets349.3M327.7M413.4M411.3M396.6M256.3M
Short Long Term Debt Total127.9M115.1M99.1M81.0M64.4M68.0M
Other Current Liab21.0M48.3M49.3M61.7M56.4M59.2M
Total Current Liabilities84.0M84.4M91.4M106.1M105.0M67.0M
Total Stockholder Equity139.6M133.1M232.6M229.0M236.6M124.8M
Property Plant And Equipment Net100.9M99.3M93.5M102.7M103.5M72.1M
Current Deferred Revenue27.6M29.6M33.3M41.7M86.5K82.2K
Net Debt(958K)3.6M(96.9M)(59.9M)(63.2M)(60.0M)
Accounts Payable18.5M17.7M20.2M23.2M21.2M15.4M
Cash128.9M111.5M196.0M140.9M127.6M88.3M
Non Current Assets Total158.1M166.9M155.6M194.8M190.2M117.4M
Cash And Short Term Investments128.9M111.5M196.0M140.9M127.6M89.1M
Net Receivables40.3M30.9M41.5M51.0M52.7M33.1M
Good Will20.2M20.3M18.7M44.2M43.2M45.3M
Liabilities And Stockholders Equity349.3M327.7M413.4M411.3M396.6M256.3M
Non Current Liabilities Total122.6M110.1M89.4M76.2M55.1M64.3M
Inventory12.7M10.0M11.3M16.1M17.0M9.8M
Other Current Assets9.3M8.3M8.9M8.4M9.3M6.9M
Other Stockholder Equity138.1M141.2M233.9M233.9M233.9M124.2M
Total Liab206.6M194.6M180.8M182.3M160.0M131.3M
Property Plant And Equipment Gross42.9M99.3M93.5M102.7M200.0M209.9M
Total Current Assets191.2M160.7M257.8M216.4M206.5M138.9M
Accumulated Other Comprehensive Income(1.6M)(4.9M)(6.7M)(8.3M)(7.6M)(7.2M)
Short Term Debt16.8M17.5M21.2M20.0M25.5M13.3M
Intangible Assets27.4M33.0M31.7M37.9M31.5M20.9M
Common Stock3.1M4.1M4.5M4.5M5.2M3.5M
Other Liab11.5M12.5M11.5M15.2M17.5M9.8M
Other Assets9.6M14.3M7.7M1K(1K)(950.0)
Long Term Debt104.7M90.5M72.6M55.9M33.6M57.0M
Common Stock Shares Outstanding54.0M53.4M56.8M59.1M59.1M55.0M
Property Plan