Materialise Other Current Liab vs Accounts Payable Analysis

MTLS Stock  USD 7.68  0.59  8.32%   
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 Other Current Liab and its Accounts Payable 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.

Other Current Liab vs Accounts Payable

JavaScript chart by amCharts 3.21.152016201820202022202410M15M20M25M30M35M40M45M50M55M60M 8M10M12M14M16M18M20M22M
JavaScript chart by amCharts 3.21.15Other Current Liabtotal: 433.7MAccounts Payabletotal: 205.3M

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Materialise NV Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
Other Current LiabAccounts PayableDiversified AwayOther Current LiabAccounts PayableDiversified Away100%
The correlation between Materialise's Other Current Liab and Accounts Payable is 0.82. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable 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 Other Current Liab 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 Other Current Liab of Materialise NV 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 Other Current Liab i.e., Materialise's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Materialise 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 Materialise NV 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 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
Click cells to compare fundamentals

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 Outstanding53.4M56.8M59.1M59.1M67.9M55.0M
Property Plant Equipment100.9M99.3M93.5M102.7M118.1M75.2M
Net Tangible Assets92.0M79.8M182.2M146.9M169.0M93.5M
Retained Earnings(12.3M)(911K)(9.4M)5.8M5.3M5.5M
Non Currrent Assets Other4.1M7.5M5.1M8.3M7.5M5.9M
Long Term Investments10.0M4.0M3.8M3.7M4.3M2.9M
Short Long Term Debt14.0M17.8M17.1M22.9M26.3M14.4M

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