Manitex Capital Stock vs Net Invested Capital Analysis

MNTX Stock  USD 6.54  0.19  2.82%   
Manitex International financial indicator trend analysis is infinitely more than just investigating Manitex International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manitex International is a good investment. Please check the relationship between Manitex International Capital Stock and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.

Capital Stock vs Net Invested Capital

Capital Stock vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manitex International Capital Stock account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Manitex International's Capital Stock and Net Invested Capital is -0.54. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Manitex International, assuming nothing else is changed. The correlation between historical values of Manitex International's Capital Stock and Net Invested 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 Capital Stock of Manitex International are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Stock i.e., Manitex International's Capital Stock and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Manitex International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manitex International 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 Manitex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.At this time, Manitex International's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 25.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit32.9M50.0M62.4M33.1M
Total Revenue211.5M273.9M291.4M179.5M

Manitex International fundamental ratios Correlations

-0.010.930.850.730.890.130.440.920.560.960.690.330.990.850.50.960.570.790.920.120.97-0.050.120.940.95
-0.010.20.03-0.220.270.49-0.37-0.150.560.020.190.770.01-0.470.61-0.070.57-0.47-0.17-0.79-0.11-0.270.490.02-0.14
0.930.20.760.660.980.350.350.790.750.880.750.510.950.660.560.890.630.620.8-0.190.89-0.140.340.830.83
0.850.030.760.40.710.350.150.70.610.870.460.210.760.720.290.70.30.70.620.160.720.140.350.890.69
0.73-0.220.660.40.67-0.060.70.740.160.660.680.120.780.780.310.830.410.550.820.20.80.05-0.060.490.83
0.890.270.980.710.670.350.30.760.760.870.740.530.920.60.580.840.650.530.76-0.240.83-0.20.340.780.8
0.130.490.350.35-0.060.35-0.2-0.180.690.110.30.350.09-0.140.05-0.030.07-0.16-0.21-0.6-0.020.041.00.05-0.13
0.44-0.370.350.150.70.3-0.20.36-0.020.370.43-0.080.470.62-0.060.530.130.50.560.230.540.12-0.20.240.54
0.92-0.150.790.70.740.76-0.180.360.270.870.510.210.920.860.530.940.550.780.960.310.94-0.07-0.180.90.97
0.560.560.750.610.160.760.69-0.020.270.550.630.670.550.140.460.420.520.170.28-0.630.43-0.240.670.490.34
0.960.020.880.870.660.870.110.370.870.550.650.280.920.80.450.870.510.760.840.170.87-0.020.10.910.88
0.690.190.750.460.680.740.30.430.510.630.650.50.730.450.510.710.610.320.64-0.280.68-0.210.280.470.66
0.330.770.510.210.120.530.35-0.080.210.670.280.50.38-0.130.870.320.88-0.070.24-0.780.31-0.250.340.260.25
0.990.010.950.760.780.920.090.470.920.550.920.730.380.820.550.980.630.740.950.050.98-0.110.080.890.97
0.85-0.470.660.720.780.6-0.140.620.860.140.80.45-0.130.820.10.860.180.90.870.530.880.18-0.140.790.89
0.50.610.560.290.310.580.05-0.060.530.460.450.510.870.550.10.540.970.110.51-0.460.51-0.330.040.470.51
0.96-0.070.890.70.830.84-0.030.530.940.420.870.710.320.980.860.540.610.750.980.140.99-0.08-0.030.860.99
0.570.570.630.30.410.650.070.130.550.520.510.610.880.630.180.970.610.180.58-0.490.59-0.40.060.490.58
0.79-0.470.620.70.550.53-0.160.50.780.170.760.32-0.070.740.90.110.750.180.760.470.80.16-0.170.770.78
0.92-0.170.80.620.820.76-0.210.560.960.280.840.640.240.950.870.510.980.580.760.250.97-0.09-0.210.840.99
0.12-0.79-0.190.160.2-0.24-0.60.230.31-0.630.17-0.28-0.780.050.53-0.460.14-0.490.470.250.150.35-0.580.210.24
0.97-0.110.890.720.80.83-0.020.540.940.430.870.680.310.980.880.510.990.590.80.970.15-0.06-0.020.880.98
-0.05-0.27-0.140.140.05-0.20.040.12-0.07-0.24-0.02-0.21-0.25-0.110.18-0.33-0.08-0.40.16-0.090.35-0.060.05-0.04-0.08
0.120.490.340.35-0.060.341.0-0.2-0.180.670.10.280.340.08-0.140.04-0.030.06-0.17-0.21-0.58-0.020.050.05-0.14
0.940.020.830.890.490.780.050.240.90.490.910.470.260.890.790.470.860.490.770.840.210.88-0.040.050.87
0.95-0.140.830.690.830.8-0.130.540.970.340.880.660.250.970.890.510.990.580.780.990.240.98-0.08-0.140.87
Click cells to compare fundamentals

Manitex International Account Relationship Matchups

Manitex International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets195.4M173.6M179.8M236.6M255.7M173.9M
Other Current Liab9.6M8.0M10.7M12.4M14.5M15.3M
Total Current Liabilities68.1M64.5M81.9M86.5M92.8M53.8M
Total Stockholder Equity79.6M68.9M62.8M58.4M69.6M57.8M
Other Liab7.6M6.8M6.0M11.2M12.8M12.2M
Accounts Payable30.0M32.4M44.1M45.7M47.6M27.3M
Cash23.4M17.2M21.4M8.0M9.3M7.2M
Other Assets696K1.4M1.3M452K519.8K493.8K
Long Term Debt19.4M26.2M22.8M63.7M66.0M46.0M
Common Stock Shares Outstanding19.7M19.8M19.9M20.1M20.2M13.5M
Liabilities And Stockholders Equity195.4M173.6M179.8M236.6M255.7M173.9M
Inventory58.7M56.1M65.0M69.8M82.3M52.2M
Other Current Assets4.8M2.2M2.4M3.8M4.1M2.2M
Other Stockholder Equity2.8M3.0M3.3M4.3M5.4M5.7M
Total Liab115.9M104.7M117.0M168.6M176.0M111.4M
Intangible Assets17.0M15.7M11.9M14.4M12.2M11.6M
Property Plant Equipment19.3M18.7M16.5M51.7M59.5M62.4M
Short Long Term Debt Total67.1M51.4M49.0M96.0M102.4M71.0M
Property Plant And Equipment Net21.6M22.8M20.0M57.4M57.0M59.8M
Current Deferred Revenue1.6M6.1M7.1M3.4M2.4M2.3M
Net Debt43.7M34.2M27.6M88.0M93.1M60.4M
Retained Earnings(50.3M)(63.9M)(68.4M)(73.3M)(66.0M)(62.7M)
Non Current Assets Total72.0M67.3M58.2M109.1M110.2M81.4M
Non Currrent Assets Other1.6M281K1.1M(108.6M)3.6M3.8M
Cash And Short Term Investments23.4M17.2M21.4M8.0M9.3M7.3M
Net Receivables36.3M30.6M32.6M45.6M49.7M35.6M
Non Current Liabilities Total47.8M40.2M35.1M82.2M83.3M60.2M
Property Plant And Equipment Gross21.6M22.8M38.7M79.8M86.7M91.1M
Total Current Assets123.4M106.3M121.5M127.5M145.6M100.5M
Accumulated Other Comprehensive Income(3.7M)(1.7M)(4.2M)(5.8M)(4.2M)(4.0M)
Short Term Debt26.9M18.0M19.9M24.9M28.2M16.2M
Common Stock130.7M131.5M132.2M133.3M134.3M81.9M
Common Stock Total Equity130.7M131.5M132.2M133.3M153.3M103.0M
Good Will32.6M27.5M24.9M36.9M37.4M34.5M
Net Tangible Assets29.9M25.8M25.9M7.1M8.2M13.7M
Retained Earnings Total Equity(50.3M)(63.9M)(68.4M)(73.3M)(66.0M)(62.7M)
Long Term Debt Total19.4M26.2M22.8M63.7M57.4M45.8M
Capital Surpluse2.8M3.0M3.3M4.3M4.9M2.7M
Capital Lease Obligations7.3M8.6M7.8M9.6M10.8M6.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Manitex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manitex International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manitex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manitex International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Manitex International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manitex International. If investors know Manitex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manitex International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
40.777
Earnings Share
0.47
Revenue Per Share
14.66
Quarterly Revenue Growth
0.081
Return On Assets
0.045
The market value of Manitex International is measured differently than its book value, which is the value of Manitex that is recorded on the company's balance sheet. Investors also form their own opinion of Manitex International's value that differs from its market value or its book value, called intrinsic value, which is Manitex International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manitex International's market value can be influenced by many factors that don't directly affect Manitex International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manitex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manitex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manitex International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.