Materialise Selling General Administrative vs Total Operating Expenses 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 Selling General Administrative and its Total Operating Expenses 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.

Selling General Administrative vs Total Operating Expenses

Selling General Administrative vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Materialise NV Selling General Administrative account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Materialise's Selling General Administrative and Total Operating Expenses is 0.98. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses 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 Selling General Administrative and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Materialise NV are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Materialise's Selling General Administrative and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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

0.860.830.990.960.970.64-0.550.980.960.980.950.960.790.90.830.930.930.960.950.640.980.950.970.890.92
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
-0.55-0.13-0.67-0.52-0.74-0.34-0.2-0.48-0.68-0.4-0.69-0.52-0.57-0.64-0.08-0.42-0.35-0.72-0.29-0.59-0.65-0.51-0.38-0.7-0.34
0.980.850.810.990.920.970.63-0.480.910.980.90.980.810.860.840.960.940.930.950.630.950.920.970.850.94
0.960.790.780.920.950.880.66-0.680.910.881.00.870.680.860.760.810.840.950.870.570.990.880.880.860.78
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