Maxim Non Current Liabilities Total vs Net Debt Analysis

MXG Stock

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Maxim Power financial indicator trend analysis is infinitely more than just investigating Maxim Power Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maxim Power Corp is a good investment. Please check the relationship between Maxim Power Non Current Liabilities Total and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maxim Power Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maxim Power Corp Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Maxim Power's Non Current Liabilities Total and Net Debt is 0.89. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Maxim Power Corp, assuming nothing else is changed. The correlation between historical values of Maxim Power's Non Current Liabilities Total and Net Debt 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 Maxim Power Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., Maxim Power's Non Current Liabilities Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Non Current Liabilities Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Maxim Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maxim Power Corp 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 Maxim Power Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Maxim Power's Discontinued Operations is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.23, while Selling General Administrative is likely to drop about 5 M.

Maxim Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total
Total Assets		0.26	0.69	0.98	0.92	0.69	0.71	0.66	0.19	0.95	0.14	-0.15	0.65	0.7	0.74	0.52	-0.1	0.52	0.94	0.49	0.3	0.67	-0.05	0.86	-0.48	0.91
Other Current Liab	0.26		0.66	0.25	0.04	0.03	-0.08	0.03	-0.12	0.07	0.1	-0.26	0.07	0.42	0.36	0.03	0.87	0.32	0.26	0.03	0.64	0.42	-0.21	0.23	0.24	0.05
Total Current Liabilities	0.69	0.66		0.6	0.5	0.55	0.37	0.7	-0.28	0.61	0.17	-0.48	0.49	0.48	0.41	0.58	0.4	0.16	0.78	0.01	0.38	0.53	-0.12	0.5	-0.3	0.6
Total Stockholder Equity	0.98	0.25	0.6		0.88	0.55	0.69	0.57	0.32	0.9	0.15	0.02	0.61	0.75	0.81	0.47	-0.08	0.59	0.84	0.51	0.41	0.71	0.0	0.85	-0.43	0.83
Property Plant And Equipment Net	0.92	0.04	0.5	0.88		0.82	0.72	0.59	0.12	0.97	0.04	-0.26	0.63	0.53	0.64	0.38	-0.31	0.48	0.91	0.65	-0.03	0.48	-0.14	0.8	-0.57	0.95
Net Debt	0.69	0.03	0.55	0.55	0.82		0.57	0.65	-0.39	0.84	0.04	-0.69	0.58	0.2	0.24	0.41	-0.29	0.12	0.86	0.39	-0.37	0.18	-0.17	0.54	-0.59	0.89
Retained Earnings	0.71	-0.08	0.37	0.69	0.72	0.57		0.33	0.15	0.73	-0.34	-0.17	0.88	0.12	0.29	0.27	-0.31	-0.01	0.66	0.56	0.04	0.12	-0.07	0.53	-0.79	0.72
Accounts Payable	0.66	0.03	0.7	0.57	0.59	0.65	0.33		-0.34	0.71	0.32	-0.43	0.34	0.35	0.27	0.88	-0.2	0.04	0.74	-0.16	-0.05	0.39	0.01	0.35	-0.5	0.66
Cash	0.19	-0.12	-0.28	0.32	0.12	-0.39	0.15	-0.34		0.05	-0.07	0.85	-0.04	0.39	0.49	-0.27	-0.09	0.5	-0.06	0.41	0.48	0.36	-0.06	0.39	0.2	0.02
Non Current Assets Total	0.95	0.07	0.61	0.9	0.97	0.84	0.73	0.71	0.05		0.14	-0.29	0.65	0.56	0.62	0.52	-0.3	0.42	0.96	0.51	0.0	0.53	-0.07	0.79	-0.57	0.97
Non Currrent Assets Other	0.14	0.1	0.17	0.15	0.04	0.04	-0.34	0.32	-0.07	0.14		0.14	-0.25	0.57	0.42	0.15	-0.1	0.48	0.11	-0.15	0.01	0.6	0.27	0.18	0.45	0.05
Cash And Short Term Investments	-0.15	-0.26	-0.48	0.02	-0.26	-0.69	-0.17	-0.43	0.85	-0.29	0.14		-0.23	0.29	0.31	-0.31	-0.14	0.36	-0.41	0.05	0.44	0.29	0.26	0.11	0.44	-0.34
Net Receivables	0.65	0.07	0.49	0.61	0.63	0.58	0.88	0.34	-0.04	0.65	-0.25	-0.23		0.19	0.29	0.26	-0.21	-0.01	0.66	0.43	0.1	0.19	0.03	0.53	-0.65	0.67
Common Stock Total Equity	0.7	0.42	0.48	0.75	0.53	0.2	0.12	0.35	0.39	0.56	0.57	0.29	0.19		0.95	0.24	0.12	0.89	0.55	0.29	0.56	0.98	0.18	0.79	0.25	0.48
Common Stock Shares Outstanding	0.74	0.36	0.41	0.81	0.64	0.24	0.29	0.27	0.49	0.62	0.42	0.31	0.29	0.95		0.11	0.08	0.91	0.57	0.52	0.52	0.93	0.1	0.85	0.1	0.54
Inventory	0.52	0.03	0.58	0.47	0.38	0.41	0.27	0.88	-0.27	0.52	0.15	-0.31	0.26	0.24	0.11		-0.14	-0.09	0.55	-0.43	0.08	0.29	0.02	0.16	-0.41	0.47
Other Current Assets	-0.1	0.87	0.4	-0.08	-0.31	-0.29	-0.31	-0.2	-0.09	-0.3	-0.1	-0.14	-0.21	0.12	0.08	-0.14		0.08	-0.11	-0.14	0.64	0.15	-0.17	-0.06	0.32	-0.31
Other Stockholder Equity	0.52	0.32	0.16	0.59	0.48	0.12	-0.01	0.04	0.5	0.42	0.48	0.36	-0.01	0.89	0.91	-0.09	0.08		0.36	0.5	0.4	0.83	0.08	0.72	0.37	0.36
Total Liab	0.94	0.26	0.78	0.84	0.91	0.86	0.66	0.74	-0.06	0.96	0.11	-0.41	0.66	0.55	0.57	0.55	-0.11	0.36		0.4	0.08	0.54	-0.15	0.79	-0.52	0.97
Property Plant And Equipment Gross	0.49	0.03	0.01	0.51	0.65	0.39	0.56	-0.16	0.41	0.51	-0.15	0.05	0.43	0.29	0.52	-0.43	-0.14	0.5	0.4		0.0	0.21	-0.18	0.62	-0.29	0.51
Total Current Assets	0.3	0.64	0.38	0.41	-0.03	-0.37	0.04	-0.05	0.48	0.0	0.01	0.44	0.1	0.56	0.52	0.08	0.64	0.4	0.08	0.0		0.56	0.06	0.35	0.22	-0.06
Common Stock	0.67	0.42	0.53	0.71	0.48	0.18	0.12	0.39	0.36	0.53	0.6	0.29	0.19	0.98	0.93	0.29	0.15	0.83	0.54	0.21	0.56		0.18	0.77	0.26	0.45
Short Term Debt	-0.05	-0.21	-0.12	0.0	-0.14	-0.17	-0.07	0.01	-0.06	-0.07	0.27	0.26	0.03	0.18	0.1	0.02	-0.17	0.08	-0.15	-0.18	0.06	0.18		0.05	0.19	-0.15
Short Long Term Debt Total	0.86	0.23	0.5	0.85	0.8	0.54	0.53	0.35	0.39	0.79	0.18	0.11	0.53	0.79	0.85	0.16	-0.06	0.72	0.79	0.62	0.35	0.77	0.05		-0.16	0.8
Current Deferred Revenue	-0.48	0.24	-0.3	-0.43	-0.57	-0.59	-0.79	-0.5	0.2	-0.57	0.45	0.44	-0.65	0.25	0.1	-0.41	0.32	0.37	-0.52	-0.29	0.22	0.26	0.19	-0.16		-0.56
Non Current Liabilities Total	0.91	0.05	0.6	0.83	0.95	0.89	0.72	0.66	0.02	0.97	0.05	-0.34	0.67	0.48	0.54	0.47	-0.31	0.36	0.97	0.51	-0.06	0.45	-0.15	0.8	-0.56

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Maxim Power Account Relationship Matchups

Maxim Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	225.3M	239.3M	312.4M	382.1M	425.8M	253.7M
Other Current Liab	14.7M	10.7M	11.4M	5.9M	18.4M	9.9M
Total Current Liabilities	24.2M	15.1M	19.7M	16.3M	26.5M	29.1M
Total Stockholder Equity	139.2M	147.9M	227.2M	268.7M	297.7M	162.6M
Property Plant And Equipment Net	170.3M	183.9M	260.6M	296.5M	313.5M	165.6M
Net Debt	28.2M	54.7M	40.3M	31.4M	49.1M	31.7M
Retained Earnings	(17.7M)	(8.1M)	70.4M	112.4M	140.6M	147.6M
Accounts Payable	6.8M	2.7M	8.3M	4.1M	3.3M	3.2M
Cash	20.9M	12.3M	13.6M	51.4M	32.3M	16.7M
Non Current Assets Total	199.3M	218.7M	276.2M	311.5M	333.5M	202.1M
Non Currrent Assets Other	15.6M	15.0M	15.4M	2.6M	3.5M	3.4M
Cash And Short Term Investments	20.9M	12.3M	13.6M	51.4M	32.3M	20.5M
Net Receivables	4.1M	7.0M	20.8M	15.1M	52.6M	55.2M
Common Stock Shares Outstanding	52.2M	50.2M	63.8M	63.9M	64.1M	44.4M
Liabilities And Stockholders Equity	225.3M	239.3M	312.4M	382.1M	425.8M	253.7M
Other Current Assets	1.0M	1.4M	1.6M	4.1M	7.5M	7.3M
Other Stockholder Equity	12.2M	12.4M	12.7M	12.8M	13.2M	7.0M
Total Liab	86.0M	91.4M	85.3M	113.5M	128.1M	90.3M
Property Plant And Equipment Gross	170.3M	183.9M	345.2M	389.4M	416.0M	221.9M
Total Current Assets	26.0M	20.6M	36.3M	70.6M	92.3M	51.6M
Common Stock	144.8M	143.6M	144.1M	143.5M	144.0M	118.7M
Short Term Debt	2.7M	1.7M	13K	1.5M	4.8M	7.9M
Non Current Liabilities Total	61.8M	76.3M	65.6M	97.2M	101.6M	67.1M
Other Liab	15.4M	11.0M	11.7M	15.9M	14.3M	16.7M
Net Tangible Assets	139.2M	147.9M	227.2M	268.7M	309.0M	208.0M
Other Assets	28.9M	34.8M	15.6M	14.9M	13.5M	21.0M
Property Plant Equipment	170.3M	183.9M	260.6M	296.5M	341.0M	201.0M
Long Term Debt Total	46.4M	65.3M	53.9M	81.3M	93.5M	98.2M
Capital Surpluse	12.2M	12.4M	12.7M	12.8M	14.8M	13.1M
Cash And Equivalents	20.9M	12.3M	13.6M	51.4M	59.1M	62.0M

Pair Trading with Maxim Power

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Maxim Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Maxim Power will appreciate offsetting losses from the drop in the long position's value.

Moving against Maxim Stock

0.55

KDA

KDA Group

Pair Corr

The ability to find closely correlated positions to Maxim Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maxim Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Maxim Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Maxim Power Corp to buy it.

The correlation of Maxim Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Maxim Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maxim Power Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Maxim Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Maxim Stock

Balance Sheet is a snapshot of the financial position of Maxim Power Corp at a specified time, usually calculated after every quarter, six months, or one year. Maxim Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maxim Power and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Maxim currently owns. An asset can also be divided into two categories, current and non-current.

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Maxim Non Current Liabilities Total vs Net Debt Analysis

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Net Debt

Maxim Power fundamental ratios Correlations

Maxim Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Maxim Power fundamental ratios Accounts

Pair Trading with Maxim Power

Moving against Maxim Stock

Other Information on Investing in Maxim Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Common Stock	+ 0.98	Common Stock Total Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.97	Non Current Assets Total
Non Current Liabilities Total	+ 0.97	Total Liab
Total Liab	+ 0.96	Non Current Assets Total

Current Deferred Revenue	- 0.79	Retained Earnings
Cash And Short Term Investments	- 0.69	Net Debt
Current Deferred Revenue	- 0.65	Net Receivables
Current Deferred Revenue	- 0.59	Net Debt
Current Deferred Revenue	- 0.57	Non Current Assets Total
Current Deferred Revenue	- 0.57	Property Plant And Equipment Net