Mystate Cash And Short Term Investments vs Long Term Debt Analysis

MYS Stock

4.25 0.08 1.92%

Mystate financial indicator trend analysis is infinitely more than just investigating Mystate recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mystate is a good investment. Please check the relationship between Mystate Cash And Short Term Investments and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mystate. 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.

Cash And Short Term Investments vs Long Term Debt

Cash And Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mystate Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mystate's Cash And Short Term Investments and Long Term Debt is -0.4. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Mystate, assuming nothing else is changed. The correlation between historical values of Mystate's Cash And Short Term Investments and Long Term 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 Cash And Short Term Investments of Mystate are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Mystate's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mystate balance sheet. This account contains Mystate investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mystate fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Long Term Debt

Long-term debt is a debt that Mystate has held for over one year. Long-term debt appears on Mystate balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mystate balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Mystate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mystate 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 Mystate. 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.

Selling General Administrative is likely to gain to about 69.4 M in 2024. Tax Provision is likely to gain to about 15.3 M in 2024

	2021	2022	2023	2024 (projected)
Operating Income	45.4M	55.2M	61.3M	50.7M
Total Revenue	189.7M	380.8M	150.5M	161.5M

Operating Income Total Revenue

Mystate fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Total Liab	Preferred Stock Total Equity	Intangible Assets	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.95	-0.31	0.95	0.82	0.78	0.29	-0.2	0.6	1.0	0.62	0.67	-0.05	0.28	0.72	-0.52	0.51	0.75	0.37	0.93	0.85	0.78	0.93	-0.42	0.61	-0.31
Total Stockholder Equity	0.95		-0.15	0.99	0.73	0.76	0.36	-0.19	0.79	0.94	0.79	0.63	0.12	0.22	0.65	-0.48	0.49	0.66	0.32	0.89	0.94	0.64	0.84	-0.47	0.56	-0.37
Other Liab	-0.31	-0.15		-0.23	-0.49	-0.13	-0.02	-0.26	0.16	-0.31	0.16	-0.36	0.59	0.18	-0.28	0.53	-0.57	-0.25	-0.08	-0.15	-0.09	-0.15	-0.59	0.51	0.0	0.49
Retained Earnings	0.95	0.99	-0.23		0.77	0.79	0.3	-0.11	0.79	0.94	0.79	0.61	0.08	0.2	0.65	-0.53	0.54	0.66	0.37	0.87	0.95	0.63	0.85	-0.53	0.49	-0.4
Accounts Payable	0.82	0.73	-0.49	0.77		0.85	0.0	-0.23	0.33	0.82	0.28	0.59	-0.3	0.33	0.81	-0.62	0.62	0.85	0.63	0.75	0.64	0.69	0.86	-0.43	0.49	-0.21
Cash	0.78	0.76	-0.13	0.79	0.85		-0.19	-0.26	0.54	0.78	0.47	0.46	0.09	0.58	0.79	-0.36	0.33	0.86	0.77	0.74	0.74	0.73	0.69	-0.34	0.5	-0.07
Other Assets	0.29	0.36	-0.02	0.3	0.0	-0.19		0.0	0.28	0.28	0.33	0.37	-0.03	-0.41	-0.1	-0.26	0.32	-0.15	-0.64	0.17	0.21	-0.05	0.3	-0.15	0.08	-0.41
Long Term Debt	-0.2	-0.19	-0.26	-0.11	-0.23	-0.26	0.0		0.17	-0.2	0.19	-0.12	0.14	-0.65	-0.47	0.01	0.29	-0.54	-0.4	-0.26	0.07	-0.52	-0.18	-0.22	-0.72	-0.36
Good Will	0.6	0.79	0.16	0.79	0.33	0.54	0.28	0.17		0.59	0.98	0.24	0.44	-0.03	0.2	-0.29	0.32	0.2	0.15	0.57	0.91	0.21	0.39	-0.44	0.09	-0.38
Total Liab	1.0	0.94	-0.31	0.94	0.82	0.78	0.28	-0.2	0.59		0.61	0.67	-0.06	0.29	0.73	-0.52	0.51	0.76	0.37	0.93	0.85	0.78	0.93	-0.42	0.61	-0.31
Preferred Stock Total Equity	0.62	0.79	0.16	0.79	0.28	0.47	0.33	0.19	0.98	0.61		0.24	0.43	-0.07	0.16	-0.27	0.31	0.15	0.07	0.59	0.9	0.22	0.41	-0.4	0.11	-0.37
Intangible Assets	0.67	0.63	-0.36	0.61	0.59	0.46	0.37	-0.12	0.24	0.67	0.24		0.2	0.14	0.76	-0.01	0.65	0.66	-0.04	0.64	0.48	0.34	0.76	-0.31	0.68	-0.36
Property Plant Equipment	-0.05	0.12	0.59	0.08	-0.3	0.09	-0.03	0.14	0.44	-0.06	0.43	0.2		0.11	0.05	0.72	-0.09	-0.05	-0.19	0.07	0.24	-0.26	-0.23	0.1	0.15	0.02
Other Current Liab	0.28	0.22	0.18	0.2	0.33	0.58	-0.41	-0.65	-0.03	0.29	-0.07	0.14	0.11		0.51	0.13	-0.41	0.67	0.64	0.27	0.08	0.69	0.21	0.07	0.59	0.3
Total Current Liabilities	0.72	0.65	-0.28	0.65	0.81	0.79	-0.1	-0.47	0.2	0.73	0.16	0.76	0.05	0.51		-0.15	0.49	0.96	0.57	0.74	0.51	0.62	0.76	-0.25	0.82	-0.06
Property Plant And Equipment Net	-0.52	-0.48	0.53	-0.53	-0.62	-0.36	-0.26	0.01	-0.29	-0.52	-0.27	-0.01	0.72	0.13	-0.15		-0.39	-0.24	-0.34	-0.36	-0.43	-0.43	-0.57	0.42	0.09	0.29
Net Debt	0.51	0.49	-0.57	0.54	0.62	0.33	0.32	0.29	0.32	0.51	0.31	0.65	-0.09	-0.41	0.49	-0.39		0.31	-0.03	0.44	0.5	-0.02	0.63	-0.47	0.14	-0.5
Non Current Assets Total	0.75	0.66	-0.25	0.66	0.85	0.86	-0.15	-0.54	0.2	0.76	0.15	0.66	-0.05	0.67	0.96	-0.24	0.31		0.69	0.75	0.51	0.79	0.76	-0.22	0.79	0.01
Cash And Short Term Investments	0.37	0.32	-0.08	0.37	0.63	0.77	-0.64	-0.4	0.15	0.37	0.07	-0.04	-0.19	0.64	0.57	-0.34	-0.03	0.69		0.4	0.34	0.61	0.31	-0.14	0.3	0.24
Net Receivables	0.93	0.89	-0.15	0.87	0.75	0.74	0.17	-0.26	0.57	0.93	0.59	0.64	0.07	0.27	0.74	-0.36	0.44	0.75	0.4		0.82	0.72	0.82	-0.29	0.66	-0.17
Common Stock Total Equity	0.85	0.94	-0.09	0.95	0.64	0.74	0.21	0.07	0.91	0.85	0.9	0.48	0.24	0.08	0.51	-0.43	0.5	0.51	0.34	0.82		0.48	0.69	-0.49	0.33	-0.37
Common Stock Shares Outstanding	0.78	0.64	-0.15	0.63	0.69	0.73	-0.05	-0.52	0.21	0.78	0.22	0.34	-0.26	0.69	0.62	-0.43	-0.02	0.79	0.61	0.72	0.48		0.69	-0.16	0.63	0.05
Short Term Investments	0.93	0.84	-0.59	0.85	0.86	0.69	0.3	-0.18	0.39	0.93	0.41	0.76	-0.23	0.21	0.76	-0.57	0.63	0.76	0.31	0.82	0.69	0.69		-0.47	0.59	-0.38
Other Current Assets	-0.42	-0.47	0.51	-0.53	-0.43	-0.34	-0.15	-0.22	-0.44	-0.42	-0.4	-0.31	0.1	0.07	-0.25	0.42	-0.47	-0.22	-0.14	-0.29	-0.49	-0.16	-0.47		-0.01	0.93
Property Plant And Equipment Gross	0.61	0.56	0.0	0.49	0.49	0.5	0.08	-0.72	0.09	0.61	0.11	0.68	0.15	0.59	0.82	0.09	0.14	0.79	0.3	0.66	0.33	0.63	0.59	-0.01		0.08
Total Current Assets	-0.31	-0.37	0.49	-0.4	-0.21	-0.07	-0.41	-0.36	-0.38	-0.31	-0.37	-0.36	0.02	0.3	-0.06	0.29	-0.5	0.01	0.24	-0.17	-0.37	0.05	-0.38	0.93	0.08

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Mystate Account Relationship Matchups

Mystate fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1B	6.5B	8.1B	9.1B	9.2B	5.1B
Total Stockholder Equity	334.3M	415.2M	429.9M	457.6M	464.9M	317.6M
Other Liab	3.6M	3.3M	4.2M	7.4M	6.7M	10.1M
Retained Earnings	182.4M	207.3M	209.8M	223.5M	233.5M	177.6M
Accounts Payable	4.0B	4.2B	4.9B	6.3B	7.3B	7.6B
Cash	116.5M	80.3M	119.2M	127.8M	159.9M	167.9M
Other Assets	1.0	6.4B	7.9B	8.9B	(1.8B)	(1.7B)
Long Term Debt	1.5B	34.7M	49.8M	49.8M	49.9M	47.4M
Total Liab	5.8B	6.1B	7.6B	8.7B	8.7B	4.7B
Intangible Assets	84.5M	83.5M	78.8M	77.9M	20.5M	28.8M
Property Plant Equipment	19.5M	11.7M	10.5M	8.0M	7.2M	8.9M
Other Current Liab	2.3M	(1.1B)	(1.2B)	3.4B	3.3B	3.4B
Total Current Liabilities	4.6B	5.2B	6.6B	3.9B	5.5B	5.8B
Property Plant And Equipment Net	19.5M	11.7M	10.5M	8.0M	6.5M	9.2M
Net Debt	5.6B	6.0B	7.5B	1.9B	2.1B	3.2B
Non Current Assets Total	6.0B	6.5B	8.0B	9.0B	9.9B	10.3B
Cash And Short Term Investments	116.5M	80.3M	119.2M	127.8M	967.9M	1.0B
Net Receivables	27.2M	34.6M	35.9M	42.3M	48.7M	28.8M
Common Stock Shares Outstanding	92.9M	92.8M	105.6M	138.2M	140.0M	107.6M
Short Term Investments	543.6M	707.7M	833.4M	928.2M	808M	423.0M
Liabilities And Stockholders Equity	6.1B	6.5B	8.1B	9.1B	9.2B	5.8B
Other Current Assets	116.5M	80.3M	119.2M	127.8M	114.5M	108.8M
Property Plant And Equipment Gross	19.5M	33.0M	28.8M	28.8M	28.2M	18.6M
Total Current Assets	116.5M	80.3M	119.2M	127.8M	1.1B	1.1B
Accumulated Other Comprehensive Income	(902K)	(264K)	9.0M	8.8M	2.8M	3.9M
Short Term Debt	4.6B	5.2B	6.6B	495.5M	2.2B	2.3B
Common Stock	152.8M	208.2M	211.2M	225.3M	228.6M	165.4M
Short Long Term Debt Total	6.1B	6.4B	7.9B	2.4B	2.3B	4.3B
Non Currrent Assets Other	5.8B	6.3B	7.8B	8.8B	9.0B	9.4B
Non Current Liabilities Total	1.2B	912.2M	1.0B	4.8B	3.3B	3.4B
Other Stockholder Equity	(335.2M)	(415.5M)	(423.2M)	(451.1M)	(406.0M)	(385.7M)
Net Tangible Assets	242.5M	249.9M	331.7M	351.1M	403.7M	278.2M
Long Term Investments	543.6M	707.7M	833.4M	928.2M	808M	593.0M
Short Long Term Debt	1.5B	1.1B	1.3B	1.7B	2.2B	1.3B
Long Term Debt Total	1.5B	1.2B	1.3B	1.9B	2.2B	1.3B
Earning Assets	406.9M	450.3M	542.6M	711.0M	817.6M	507.2M
Net Invested Capital	1.9B	1.6B	1.7B	2.2B	2.7B	2.0B

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