Manitex Net Tangible Assets vs Deferred Long Term Liab Analysis
MNTX Stock | USD 6.57 0.27 4.29% |
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 Net Tangible Assets and its Deferred Long Term Liab 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.
Net Tangible Assets vs Deferred Long Term Liab
Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manitex International Net Tangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Manitex International's Net Tangible Assets and Deferred Long Term Liab is -0.37. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Deferred Long Term Liab 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 Net Tangible Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Manitex International are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Tangible Assets i.e., Manitex International's Net Tangible Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.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 Profit | 32.9M | 50.0M | 62.4M | 33.1M | Total Revenue | 211.5M | 273.9M | 291.4M | 179.5M |
Manitex International fundamental ratios Correlations
Click cells to compare fundamentals
Manitex International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manitex International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 195.4M | 173.6M | 179.8M | 236.6M | 255.7M | 173.9M | |
Other Current Liab | 9.6M | 8.0M | 10.7M | 12.4M | 14.5M | 15.3M | |
Total Current Liabilities | 68.1M | 64.5M | 81.9M | 86.5M | 92.8M | 53.8M | |
Total Stockholder Equity | 79.6M | 68.9M | 62.8M | 58.4M | 69.6M | 57.8M | |
Other Liab | 7.6M | 6.8M | 6.0M | 11.2M | 12.8M | 12.2M | |
Accounts Payable | 30.0M | 32.4M | 44.1M | 45.7M | 47.6M | 27.3M | |
Cash | 23.4M | 17.2M | 21.4M | 8.0M | 9.3M | 7.2M | |
Other Assets | 696K | 1.4M | 1.3M | 452K | 519.8K | 493.8K | |
Long Term Debt | 19.4M | 26.2M | 22.8M | 63.7M | 66.0M | 46.0M | |
Common Stock Shares Outstanding | 19.7M | 19.8M | 19.9M | 20.1M | 20.2M | 13.5M | |
Liabilities And Stockholders Equity | 195.4M | 173.6M | 179.8M | 236.6M | 255.7M | 173.9M | |
Inventory | 58.7M | 56.1M | 65.0M | 69.8M | 82.3M | 52.2M | |
Other Current Assets | 4.8M | 2.2M | 2.4M | 3.8M | 4.1M | 2.2M | |
Other Stockholder Equity | 2.8M | 3.0M | 3.3M | 4.3M | 5.4M | 5.7M | |
Total Liab | 115.9M | 104.7M | 117.0M | 168.6M | 176.0M | 111.4M | |
Intangible Assets | 17.0M | 15.7M | 11.9M | 14.4M | 12.2M | 11.6M | |
Property Plant Equipment | 19.3M | 18.7M | 16.5M | 51.7M | 59.5M | 62.4M | |
Short Long Term Debt Total | 67.1M | 51.4M | 49.0M | 96.0M | 102.4M | 71.0M | |
Property Plant And Equipment Net | 21.6M | 22.8M | 20.0M | 57.4M | 57.0M | 59.8M | |
Current Deferred Revenue | 1.6M | 6.1M | 7.1M | 3.4M | 2.4M | 2.3M | |
Net Debt | 43.7M | 34.2M | 27.6M | 88.0M | 93.1M | 60.4M | |
Retained Earnings | (50.3M) | (63.9M) | (68.4M) | (73.3M) | (66.0M) | (62.7M) | |
Non Current Assets Total | 72.0M | 67.3M | 58.2M | 109.1M | 110.2M | 81.4M | |
Non Currrent Assets Other | 1.6M | 281K | 1.1M | (108.6M) | 3.6M | 3.8M | |
Cash And Short Term Investments | 23.4M | 17.2M | 21.4M | 8.0M | 9.3M | 7.3M | |
Net Receivables | 36.3M | 30.6M | 32.6M | 45.6M | 49.7M | 35.6M | |
Non Current Liabilities Total | 47.8M | 40.2M | 35.1M | 82.2M | 83.3M | 60.2M | |
Property Plant And Equipment Gross | 21.6M | 22.8M | 38.7M | 79.8M | 86.7M | 91.1M | |
Total Current Assets | 123.4M | 106.3M | 121.5M | 127.5M | 145.6M | 100.5M | |
Accumulated Other Comprehensive Income | (3.7M) | (1.7M) | (4.2M) | (5.8M) | (4.2M) | (4.0M) | |
Short Term Debt | 26.9M | 18.0M | 19.9M | 24.9M | 28.2M | 16.2M | |
Common Stock | 130.7M | 131.5M | 132.2M | 133.3M | 134.3M | 81.9M | |
Common Stock Total Equity | 130.7M | 131.5M | 132.2M | 133.3M | 153.3M | 103.0M | |
Good Will | 32.6M | 27.5M | 24.9M | 36.9M | 37.4M | 34.5M | |
Net Tangible Assets | 29.9M | 25.8M | 25.9M | 7.1M | 8.2M | 13.7M | |
Retained Earnings Total Equity | (50.3M) | (63.9M) | (68.4M) | (73.3M) | (66.0M) | (62.7M) | |
Long Term Debt Total | 19.4M | 26.2M | 22.8M | 63.7M | 57.4M | 45.8M | |
Capital Surpluse | 2.8M | 3.0M | 3.3M | 4.3M | 4.9M | 2.7M | |
Capital Lease Obligations | 7.3M | 8.6M | 7.8M | 9.6M | 10.8M | 6.8M |
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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.