Mystate Depreciation vs Change In Working Capital Analysis

MYS Stock

4.41 0.07 1.61%

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 Depreciation and its Change In Working Capital 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.

Depreciation vs Change In Working Capital

Depreciation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mystate Depreciation account and Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Mystate's Depreciation and Change In Working Capital is -0.1. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Mystate, assuming nothing else is changed. The correlation between historical values of Mystate's Depreciation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Mystate are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Depreciation i.e., Mystate's Depreciation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of Mystate value has been used up. For tax purposes Mystate can deduct the cost of the tangible assets it purchases as business expenses. However, Mystate must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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.

At this time, Mystate's Discontinued Operations is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 53.3 K in 2025, whereas Selling General Administrative is likely to drop slightly above 30 M in 2025.

	2022	2023	2024	2025 (projected)
Operating Income	55.2M	61.3M	55.1M	50.7M
Total Revenue	380.8M	150.5M	173.1M	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		0.82	-0.26	0.85	0.93	0.96	-0.2	-0.39	0.47	1.0	0.41	0.46	-0.15	0.58	0.86	-0.58	0.36	0.92	0.78	0.81	0.72	0.77	0.94	-0.4	0.6	-0.1
Total Stockholder Equity	0.82		-0.17	0.99	0.75	0.76	0.09	-0.28	0.75	0.82	0.76	0.51	0.03	0.36	0.68	-0.55	0.4	0.7	0.48	0.91	0.93	0.74	0.78	-0.45	0.64	-0.26
Other Liab	-0.26	-0.17		-0.24	-0.49	-0.14	0.01	-0.24	0.16	-0.27	0.15	-0.35	0.59	0.13	-0.28	0.53	-0.56	-0.24	-0.1	-0.16	-0.1	-0.16	-0.53	0.52	-0.03	0.48
Retained Earnings	0.85	0.99	-0.24		0.79	0.79	0.03	-0.22	0.74	0.85	0.75	0.49	-0.01	0.35	0.69	-0.59	0.43	0.71	0.53	0.9	0.94	0.74	0.81	-0.49	0.59	-0.28
Accounts Payable	0.93	0.75	-0.49	0.79		0.85	-0.12	-0.28	0.33	0.93	0.29	0.55	-0.32	0.41	0.84	-0.65	0.59	0.86	0.65	0.77	0.65	0.68	0.96	-0.43	0.55	-0.19
Cash	0.96	0.76	-0.14	0.79	0.85		-0.39	-0.35	0.48	0.96	0.41	0.33	-0.01	0.68	0.83	-0.44	0.23	0.9	0.85	0.73	0.69	0.76	0.85	-0.33	0.56	0.01
Other Assets	-0.2	0.09	0.01	0.03	-0.12	-0.39		0.1	0.23	-0.2	0.27	0.37	0.03	-0.52	-0.27	-0.09	0.32	-0.33	-0.72	0.02	0.12	-0.31	-0.07	-0.1	-0.1	-0.41
Long Term Debt	-0.39	-0.28	-0.24	-0.22	-0.28	-0.35	0.1		0.15	-0.39	0.17	-0.1	0.17	-0.68	-0.52	0.08	0.29	-0.57	-0.45	-0.32	0.03	-0.53	-0.33	-0.19	-0.74	-0.38
Good Will	0.47	0.75	0.16	0.74	0.33	0.48	0.23	0.15		0.46	0.98	0.24	0.42	0.0	0.21	-0.3	0.32	0.2	0.16	0.56	0.9	0.23	0.35	-0.44	0.12	-0.37
Total Liab	1.0	0.82	-0.27	0.85	0.93	0.96	-0.2	-0.39	0.46		0.4	0.46	-0.16	0.59	0.86	-0.58	0.36	0.92	0.78	0.8	0.72	0.77	0.94	-0.4	0.61	-0.1
Preferred Stock Total Equity	0.41	0.76	0.15	0.75	0.29	0.41	0.27	0.17	0.98	0.4		0.24	0.42	-0.04	0.17	-0.28	0.31	0.15	0.09	0.58	0.9	0.26	0.3	-0.4	0.15	-0.36
Intangible Assets	0.46	0.51	-0.35	0.49	0.55	0.33	0.37	-0.1	0.24	0.46	0.24		0.21	0.1	0.65	0.01	0.65	0.54	-0.08	0.59	0.47	0.2	0.61	-0.3	0.59	-0.37
Property Plant Equipment	-0.15	0.03	0.59	-0.01	-0.32	-0.01	0.03	0.17	0.42	-0.16	0.42	0.21		0.03	-0.02	0.73	-0.08	-0.11	-0.24	0.03	0.21	-0.3	-0.28	0.11	0.08	0.01
Other Current Liab	0.58	0.36	0.13	0.35	0.41	0.68	-0.52	-0.68	0.0	0.59	-0.04	0.1	0.03		0.61	-0.01	-0.39	0.74	0.72	0.36	0.14	0.73	0.46	0.03	0.65	0.32
Total Current Liabilities	0.86	0.68	-0.28	0.69	0.84	0.83	-0.27	-0.52	0.21	0.86	0.17	0.65	-0.02	0.61		-0.25	0.41	0.96	0.67	0.76	0.53	0.66	0.87	-0.26	0.82	-0.01
Property Plant And Equipment Net	-0.58	-0.55	0.53	-0.59	-0.65	-0.44	-0.09	0.08	-0.3	-0.58	-0.28	0.01	0.73	-0.01	-0.25		-0.34	-0.34	-0.43	-0.43	-0.46	-0.51	-0.63	0.42	-0.05	0.24
Net Debt	0.36	0.4	-0.56	0.43	0.59	0.23	0.32	0.29	0.32	0.36	0.31	0.65	-0.08	-0.39	0.41	-0.34		0.24	-0.06	0.4	0.5	-0.07	0.52	-0.46	0.1	-0.51
Non Current Assets Total	0.92	0.7	-0.24	0.71	0.86	0.9	-0.33	-0.57	0.2	0.92	0.15	0.54	-0.11	0.74	0.96	-0.34	0.24		0.78	0.76	0.51	0.79	0.89	-0.24	0.8	0.06
Cash And Short Term Investments	0.78	0.48	-0.1	0.53	0.65	0.85	-0.72	-0.45	0.16	0.78	0.09	-0.08	-0.24	0.72	0.67	-0.43	-0.06	0.78		0.48	0.36	0.73	0.63	-0.17	0.44	0.25
Net Receivables	0.81	0.91	-0.16	0.9	0.77	0.73	0.02	-0.32	0.56	0.8	0.58	0.59	0.03	0.36	0.76	-0.43	0.4	0.76	0.48		0.81	0.75	0.78	-0.3	0.72	-0.12
Common Stock Total Equity	0.72	0.93	-0.1	0.94	0.65	0.69	0.12	0.03	0.9	0.72	0.9	0.47	0.21	0.14	0.53	-0.46	0.5	0.51	0.36	0.81		0.51	0.65	-0.49	0.39	-0.36
Common Stock Shares Outstanding	0.77	0.74	-0.16	0.74	0.68	0.76	-0.31	-0.53	0.23	0.77	0.26	0.2	-0.3	0.73	0.66	-0.51	-0.07	0.79	0.73	0.75	0.51		0.7	-0.18	0.69	0.12
Short Term Investments	0.94	0.78	-0.53	0.81	0.96	0.85	-0.07	-0.33	0.35	0.94	0.3	0.61	-0.28	0.46	0.87	-0.63	0.52	0.89	0.63	0.78	0.65	0.7		-0.46	0.61	-0.22
Other Current Assets	-0.4	-0.45	0.52	-0.49	-0.43	-0.33	-0.1	-0.19	-0.44	-0.4	-0.4	-0.3	0.11	0.03	-0.26	0.42	-0.46	-0.24	-0.17	-0.3	-0.49	-0.18	-0.46		-0.04	0.91
Property Plant And Equipment Gross	0.6	0.64	-0.03	0.59	0.55	0.56	-0.1	-0.74	0.12	0.61	0.15	0.59	0.08	0.65	0.82	-0.05	0.1	0.8	0.44	0.72	0.39	0.69	0.61	-0.04		0.12
Total Current Assets	-0.1	-0.26	0.48	-0.28	-0.19	0.01	-0.41	-0.38	-0.37	-0.1	-0.36	-0.37	0.01	0.32	-0.01	0.24	-0.51	0.06	0.25	-0.12	-0.36	0.12	-0.22	0.91	0.12

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Mystate Account Relationship Matchups

Mystate fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.5B	8.1B	9.1B	9.2B	10.5B	11.1B
Total Stockholder Equity	415.2M	429.9M	457.6M	464.9M	534.7M	317.6M
Other Liab	3.6M	3.3M	4.2M	7.4M	6.7M	10.1M
Retained Earnings	207.3M	209.8M	223.5M	233.5M	268.5M	177.6M
Accounts Payable	4.0B	4.2B	4.9B	6.3B	7.3B	7.6B
Cash	80.3M	119.2M	127.8M	159.9M	183.9M	193.1M
Other Assets	6.4B	7.9B	8.9B	(1.8B)	(2.0B)	(1.9B)
Long Term Debt	34.7M	49.8M	49.8M	49.9M	57.4M	54.5M
Total Liab	6.1B	7.6B	8.7B	8.7B	10.0B	10.5B
Intangible Assets	83.5M	78.8M	77.9M	20.5M	23.6M	28.8M
Property Plant Equipment	19.5M	11.7M	10.5M	8.0M	7.2M	8.9M
Other Current Liab	(1.1B)	(1.2B)	3.4B	3.3B	3.8B	4.0B
Total Current Liabilities	5.2B	6.6B	3.9B	5.5B	6.3B	6.6B
Property Plant And Equipment Net	11.7M	10.5M	8.0M	6.5M	5.8M	9.2M
Net Debt	6.0B	7.5B	1.9B	2.1B	2.4B	3.2B
Non Current Assets Total	6.5B	8.0B	9.0B	9.9B	11.3B	11.9B
Cash And Short Term Investments	80.3M	119.2M	127.8M	967.9M	1.1B	1.2B
Net Receivables	27.2M	34.6M	35.9M	42.3M	48.7M	28.8M
Common Stock Shares Outstanding	92.8M	105.6M	138.2M	140.0M	161.0M	107.6M
Short Term Investments	707.7M	833.4M	928.2M	808M	929.2M	975.7M
Liabilities And Stockholders Equity	6.5B	8.1B	9.1B	9.2B	10.5B	5.8B
Other Current Assets	80.3M	119.2M	127.8M	114.5M	103.1M	97.9M
Property Plant And Equipment Gross	33.0M	28.8M	28.8M	28.2M	32.4M	18.6M
Total Current Assets	80.3M	119.2M	127.8M	1.1B	974.2M	1.0B
Accumulated Other Comprehensive Income	(264K)	9.0M	8.8M	2.8M	3.3M	3.9M
Short Term Debt	5.2B	6.6B	495.5M	2.2B	2.5B	2.3B
Common Stock	208.2M	211.2M	225.3M	228.6M	262.9M	165.4M
Short Long Term Debt Total	6.4B	7.9B	2.4B	2.3B	2.6B	4.3B
Non Currrent Assets Other	6.3B	7.8B	8.8B	9.0B	10.3B	10.8B
Non Current Liabilities Total	912.2M	1.0B	4.8B	3.3B	3.8B	4.0B
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	707.7M	833.4M	928.2M	808M	929.2M	593.0M
Short Long Term Debt	1.1B	1.3B	1.7B	2.2B	2.5B	1.3B
Long Term Debt Total	1.5B	1.2B	1.3B	1.9B	2.2B	1.3B
Net Invested Capital	1.6B	1.7B	2.2B	2.7B	3.1B	2.0B

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