Mannatech Accounts Payable vs Other Assets Analysis

MTEX Stock  USD 7.95  0.55  7.43%   
Mannatech Incorporated financial indicator trend analysis is infinitely more than just investigating Mannatech Incorporated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mannatech Incorporated is a good investment. Please check the relationship between Mannatech Incorporated Accounts Payable and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mannatech Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Mannatech Stock please use our How to Invest in Mannatech Incorporated guide.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mannatech Incorporated Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Mannatech Incorporated's Accounts Payable and Other Assets is 0.15. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Mannatech Incorporated, assuming nothing else is changed. The correlation between historical values of Mannatech Incorporated's Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Mannatech Incorporated are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Mannatech Incorporated's Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Mannatech Incorporated obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mannatech Incorporated are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Assets

Most indicators from Mannatech Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mannatech Incorporated 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 Mannatech Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Mannatech Stock please use our How to Invest in Mannatech Incorporated guide.At this time, Mannatech Incorporated's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.37 in 2024, whereas Tax Provision is likely to drop slightly above 2.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit125.6M104.1M101.2M103.6M
Total Revenue159.8M137.2M132.0M169.3M

Mannatech Incorporated fundamental ratios Correlations

-0.220.150.710.91-0.62-0.890.440.010.920.460.890.920.350.44-0.07-0.070.60.780.590.92-0.09-0.340.270.660.2
-0.22-0.14-0.05-0.380.470.54-0.19-0.13-0.430.12-0.39-0.43-0.2-0.330.190.07-0.450.00.04-0.440.970.93-0.27-0.20.16
0.15-0.140.59-0.180.070.05-0.360.23-0.090.090.11-0.090.03-0.280.50.430.280.070.730.02-0.190.050.37-0.340.15
0.71-0.050.590.39-0.35-0.460.110.350.470.360.670.470.040.020.070.120.390.490.90.540.030.010.190.230.06
0.91-0.38-0.180.39-0.67-0.960.51-0.060.980.320.820.980.40.66-0.29-0.180.620.740.220.95-0.24-0.560.270.820.19
-0.620.470.07-0.35-0.670.72-0.30.24-0.70.18-0.67-0.7-0.13-0.20.16-0.19-0.44-0.5-0.24-0.790.40.48-0.15-0.39-0.07
-0.890.540.05-0.46-0.960.72-0.520.03-0.99-0.28-0.85-0.99-0.3-0.580.240.2-0.61-0.64-0.3-0.960.410.65-0.33-0.73-0.08
0.44-0.19-0.360.110.51-0.3-0.52-0.240.520.420.490.520.01-0.01-0.17-0.570.0-0.040.020.38-0.11-0.22-0.010.2-0.28
0.01-0.130.230.35-0.060.240.03-0.24-0.060.130.09-0.060.130.16-0.37-0.010.1-0.030.15-0.04-0.06-0.060.00.15-0.26
0.92-0.43-0.090.470.98-0.7-0.990.52-0.060.320.851.00.30.57-0.23-0.20.590.690.320.96-0.29-0.560.310.760.11
0.460.120.090.360.320.18-0.280.420.130.320.510.320.28-0.010.29-0.47-0.040.050.440.170.230.1-0.240.17-0.2
0.89-0.390.110.670.82-0.67-0.850.490.090.850.510.850.220.32-0.1-0.20.460.540.550.83-0.26-0.440.050.550.03
0.92-0.43-0.090.470.98-0.7-0.990.52-0.061.00.320.850.30.57-0.23-0.20.590.690.320.96-0.29-0.560.310.760.11
0.35-0.20.030.040.4-0.13-0.30.010.130.30.280.220.30.310.060.170.340.360.060.33-0.07-0.250.010.30.0
0.44-0.33-0.280.020.66-0.2-0.58-0.010.160.57-0.010.320.570.31-0.58-0.20.540.68-0.240.56-0.25-0.610.250.850.35
-0.070.190.50.07-0.290.160.24-0.17-0.37-0.230.29-0.1-0.230.06-0.580.410.0-0.260.49-0.180.120.340.08-0.570.11
-0.070.070.430.12-0.18-0.190.2-0.57-0.01-0.2-0.47-0.2-0.20.17-0.20.410.470.160.280.06-0.030.130.39-0.250.52
0.6-0.450.280.390.62-0.44-0.610.00.10.59-0.040.460.590.340.540.00.470.60.340.74-0.46-0.580.690.490.62
0.780.00.070.490.74-0.5-0.64-0.04-0.030.690.050.540.690.360.68-0.260.160.60.320.760.09-0.220.270.760.51
0.590.040.730.90.22-0.24-0.30.020.150.320.440.550.320.06-0.240.490.280.340.320.390.080.150.2-0.040.1
0.92-0.440.020.540.95-0.79-0.960.38-0.040.960.170.830.960.330.56-0.180.060.740.760.39-0.33-0.570.40.720.26
-0.090.97-0.190.03-0.240.40.41-0.11-0.06-0.290.23-0.26-0.29-0.07-0.250.12-0.03-0.460.090.08-0.330.9-0.35-0.090.03
-0.340.930.050.01-0.560.480.65-0.22-0.06-0.560.1-0.44-0.56-0.25-0.610.340.13-0.58-0.220.15-0.570.9-0.3-0.47-0.07
0.27-0.270.370.190.27-0.15-0.33-0.010.00.31-0.240.050.310.010.250.080.390.690.270.20.4-0.35-0.30.110.47
0.66-0.2-0.340.230.82-0.39-0.730.20.150.760.170.550.760.30.85-0.57-0.250.490.76-0.040.72-0.09-0.470.110.27
0.20.160.150.060.19-0.07-0.08-0.28-0.260.11-0.20.030.110.00.350.110.520.620.510.10.260.03-0.070.470.27
Click cells to compare fundamentals

Mannatech Incorporated Account Relationship Matchups

Mannatech Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets62.9M65.3M59.6M49.1M43.0M57.2M
Short Long Term Debt Total1.4M758K339K412K5.7M6.0M
Other Current Liab20.1M21.1M21.0M20.0M14.8M22.8M
Total Current Liabilities28.9M32.0M30.1M29.8M25.8M34.6M
Total Stockholder Equity27.3M26.0M24.4M14.2M10.5M10.0M
Property Plant And Equipment Net6.1M5.4M4.2M3.8M7.5M10.2M
Net Debt(23.4M)(21.4M)(23.8M)(13.4M)(3.0M)(3.1M)
Retained Earnings(690K)2.2M7.7M1.7M(1.3M)(1.2M)
Accounts Payable3.5M4.8M4.0M4.4M4.0M4.8M
Cash24.8M22.2M24.2M13.8M8.7M8.2M
Non Current Assets Total21.9M22.9M16.8M14.2M17.5M19.7M
Non Currrent Assets Other9.4M11.8M9.0M8.2M5.7M7.4M
Cash And Short Term Investments24.8M22.2M24.2M13.8M8.7M8.2M
Net Receivables1.2M1.2M432K641K556K528.2K
Common Stock Shares Outstanding2.4M2.3M2.1M1.9M1.9M2.0M
Liabilities And Stockholders Equity62.9M65.3M59.6M49.1M43.0M57.2M
Non Current Liabilities Total6.8M7.4M5.1M5.1M6.7M5.2M
Inventory10.2M12.8M12.0M14.7M14.9M11.9M
Other Current Assets2.2M3.0M2.9M2.4M1.4M1.3M
Other Stockholder Equity24.2M18.6M14.4M12.7M12.8M25.2M
Total Liab35.6M39.4M35.2M35.0M32.5M39.7M
Total Current Assets41.0M42.5M42.8M35.0M25.5M24.3M
Short Term Debt826K629K273K324K2.2M2.3M
Property Plant And Equipment Gross6.1M4.5M4.2M3.8M61.4M64.4M
Accumulated Other Comprehensive Income3.8M5.2M2.3M(208K)(1.0M)(964.3K)
Other Liab910K1.1M5.0M873K1.0M953.8K
Other Assets10M77K20K39K44.9K42.6K
Treasury Stock(4.9M)(10.2M)(9.9M)(15.2M)(13.7M)(14.4M)
Property Plant Equipment6.2M12.3M4.2M8.4M7.6M10.7M
Current Deferred Revenue4.4M5.5M4.9M5.1M4.8M5.1M
Net Tangible Assets27.3M25.8M24.4M14.0M12.6M24.2M
Retained Earnings Total Equity4.2M(2.8M)(690K)2.2M2.0M3.1M
Long Term Debt Total144K972K576K129K116.1K110.3K
Capital Surpluse34.9M33.9M34.1M33.8M30.4M31.2M
Capital Lease Obligations176K205K134K1.7M5.5M5.8M
Non Current Liabilities Other6.2M7.2M5.0M5.0M(14K)(13.3K)

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When determining whether Mannatech Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mannatech Incorporated'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 Mannatech Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mannatech Incorporated Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mannatech Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Mannatech Stock please use our How to Invest in Mannatech Incorporated guide.
Note that the Mannatech Incorporated information on this page should be used as a complementary analysis to other Mannatech Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Mannatech Incorporated'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 Mannatech Incorporated. If investors know Mannatech 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 Mannatech Incorporated 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
(0.98)
Dividend Share
0.2
Earnings Share
(1.20)
Revenue Per Share
70.715
Quarterly Revenue Growth
(0.05)
The market value of Mannatech Incorporated is measured differently than its book value, which is the value of Mannatech that is recorded on the company's balance sheet. Investors also form their own opinion of Mannatech Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Mannatech Incorporated'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 Mannatech Incorporated's market value can be influenced by many factors that don't directly affect Mannatech Incorporated'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 Mannatech Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mannatech Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mannatech Incorporated'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.