Mynaric AG Financials

MYNA Stock  USD 4.55  0.21  4.41%   
Based on the key indicators obtained from Mynaric AG's historical financial statements, Mynaric AG ADR is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, Mynaric AG's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 28.8 M, whereas Total Stockholder Equity is forecasted to decline to about 28.5 M. Key indicators impacting Mynaric AG's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.180.91
Significantly Up
Pretty Stable
Current Ratio0.770.81
Notably Down
Very volatile
The financial analysis of Mynaric AG is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Mynaric AG includes many different criteria found on its balance sheet. For example, investors should never minimize Mynaric AG's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Mynaric AG's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Mynaric AG.

Net Income

(63.08 Million)

With this module, you can analyze Mynaric financials for your investing period. You should be able to track the changes in Mynaric AG individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Mynaric AG Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mynaric AG's financial statements are interrelated, with each one affecting the others. For example, an increase in Mynaric AG's assets may result in an increase in income on the income statement.
Evaluating Mynaric AG's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Mynaric AG's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Mynaric AG's relative financial performance

Chance Of Distress

Over 85

 
100  
 
Zero
Very High
Mynaric AG ADR has more than 85 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Mynaric AG stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Mynaric AG's odds of distress score SHOULD NOT be confused with the real chance of Mynaric AG ADR filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Mynaric is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Mynaric AG's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Mynaric AG's official financial statements usually reflect Mynaric AG's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Mynaric AG ADR. For example, before you start analyzing numbers published by Mynaric accountants, it's critical to develop an understanding of what Mynaric AG's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Mynaric AG's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mynaric AG's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Mynaric AG's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mynaric AG ADR. Please utilize our Beneish M Score to check the likelihood of Mynaric AG's management manipulating its earnings.

Mynaric AG Company Summary

Mynaric AG competes with Kimball Electronics, Ubiquiti Networks, Moving IMage, and AmpliTech. Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company was incorporated in 2009 and is headquartered in Gilching, Germany. Mynaric Ag operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 248 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS62857X1019
CUSIP62857X101
LocationGermany
Business AddressDornierstrasse 19, Gilching,
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.mynaric.com
Phone49 8105 7999 0
CurrencyUSD - US Dollar
You should never invest in Mynaric AG without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mynaric Stock, because this is throwing your money away. Analyzing the key information contained in Mynaric AG's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Mynaric AG Key Financial Ratios

Generally speaking, Mynaric AG's financial ratios allow both analysts and investors to convert raw data from Mynaric AG's financial statements into concise, actionable information that can be used to evaluate the performance of Mynaric AG over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mynaric AG ADR reports annually and quarterly.

Mynaric AG Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets31.6M91.5M111.7M83.9M96.5M101.3M
Other Current Liab2.6M4.8M7.4M23.8M27.4M28.8M
Net Debt(2.2M)(35.2M)(39.1M)11.8M10.6M11.2M
Retained Earnings(27.5M)(47.3M)(92.8M)(166.5M)(149.9M)(142.4M)
Cash8.9M43.2M48.1M10.2M11.8M16.9M
Net Receivables315K1.1M2.2M3.3M3.8M4.0M
Inventory1.3M5.3M8.5M13.3M15.4M16.1M
Total Liab9.8M20.8M26.8M56.1M64.5M67.7M
Total Current Assets11.9M50.3M62.1M30.4M34.9M22.6M
Intangible Assets85K17.9M20.0M18.1M20.8M21.8M
Common Stock2.9M4.0M5.2M5.7M6.5M6.8M
Other Current Assets987K718K3.2M3.3M3.8M4.0M
Other Liab25.7K104K172K2.0M2.3M2.4M
Net Tangible Assets17.8M21.7M70.6M84.5M97.2M49.1M
Accounts Payable1.2M1.7M4.4M4.2M4.9M2.5M
Net Invested Capital24.9M70.7M84.9M27.8M32.0M48.2M
Net Working Capital10.0M41.4M48.3M(12.8M)(11.6M)(11.0M)
Capital Stock2.9M4.1M5.2M5.7M6.5M4.5M

Mynaric AG Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Mynaric AG's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue114K679K2.4M4.4M5.1M5.3M
Gross Profit(2.8M)(15.3M)(31.0M)(52.6M)(47.3M)(44.9M)
Operating Income(10.1M)(20.7M)(42.8M)(74.6M)(67.2M)(63.8M)
Ebit(10.1M)(20.7M)(42.8M)(74.6M)(67.2M)(63.8M)
Ebitda(9.7M)(18.8M)(38.3M)(68.2M)(61.4M)(58.3M)
Cost Of Revenue2.9M16.0M33.3M57.0M65.5M68.8M
Income Before Tax(9.9M)(20.6M)(43.7M)(73.8M)(66.4M)(63.1M)
Net Income(9.9M)(20.6M)(45.5M)(73.8M)(66.4M)(63.1M)
Income Tax Expense161.2K(1K)1.8M(24K)(27.6K)(26.2K)
Interest Expense101K1.1M2.4M2.6M3.0M3.2M
Tax Provision161.2K(1K)1.8M(24K)(27.6K)(26.2K)
Net Interest Income13.0K(1.1M)(2.1M)(2.5M)(2.3M)(2.2M)

Mynaric AG Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Mynaric AG ADR. It measures of how well Mynaric is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Mynaric AG brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Mynaric had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Mynaric AG has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(4.0M)34.3M4.9M(37.9M)(34.1M)(32.4M)
Free Cash Flow(10.2M)(32.4M)(52.8M)(61.8M)(55.6M)(52.8M)
Depreciation889K1.8M4.5M6.5M7.4M7.8M
Other Non Cash Items688K90K(1.0M)1.4M1.3M803.8K
Capital Expenditures1.9M15.0M11.0M11.3M13.0M13.6M
Net Income(9.9M)(20.6M)(45.5M)(73.8M)(66.4M)(63.1M)
End Period Cash Flow8.9M43.2M48.1M10.2M11.8M16.9M
Investments(6.5M)(13.7M)(11.0M)(11.7M)(10.5M)(11.1M)

Mynaric Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mynaric AG's current stock value. Our valuation model uses many indicators to compare Mynaric AG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mynaric AG competition to find correlations between indicators driving Mynaric AG's intrinsic value. More Info.
Mynaric AG ADR is regarded fifth in ebitda category among related companies. It is regarded fifth in revenue category among related companies . At present, Mynaric AG's EBITDA is projected to decrease significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mynaric AG by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mynaric AG's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mynaric AG's earnings, one of the primary drivers of an investment's value.

Mynaric AG ADR Systematic Risk

Mynaric AG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mynaric AG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Mynaric AG ADR correlated with the market. If Beta is less than 0 Mynaric AG generally moves in the opposite direction as compared to the market. If Mynaric AG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mynaric AG ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mynaric AG is generally in the same direction as the market. If Beta > 1 Mynaric AG moves generally in the same direction as, but more than the movement of the benchmark.

About Mynaric AG Financials

What exactly are Mynaric AG Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Mynaric AG's income statement, its balance sheet, and the statement of cash flows. Potential Mynaric AG investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mynaric AG investors may use each financial statement separately, they are all related. The changes in Mynaric AG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mynaric AG's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Mynaric AG Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Mynaric AG is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Mynaric has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Mynaric AG's financials are consistent with your investment objective using the following steps:
  • Review Mynaric AG's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Mynaric AG's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Mynaric AG's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Mynaric AG's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Mynaric AG Thematic Clasifications

Mynaric AG ADR is part of Communication investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
CommunicationView
This theme covers USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Mynaric AG Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mynaric AG's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mynaric AG growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0103)

At present, Mynaric AG's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Mynaric AG March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mynaric AG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mynaric AG ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mynaric AG ADR based on widely used predictive technical indicators. In general, we focus on analyzing Mynaric Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mynaric AG's daily price indicators and compare them against related drivers.
When determining whether Mynaric AG ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mynaric AG'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 Mynaric Ag Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mynaric Ag Adr Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mynaric AG ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Mynaric AG's price analysis, check to measure Mynaric AG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mynaric AG is operating at the current time. Most of Mynaric AG's value examination focuses on studying past and present price action to predict the probability of Mynaric AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mynaric AG's price. Additionally, you may evaluate how the addition of Mynaric AG to your portfolios can decrease your overall portfolio volatility.
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Is Mynaric AG'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 Mynaric AG. If investors know Mynaric 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 Mynaric AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.49)
Revenue Per Share
0.3218
Quarterly Revenue Growth
1.951
Return On Assets
(0.37)
Return On Equity
(2.34)
The market value of Mynaric AG ADR is measured differently than its book value, which is the value of Mynaric that is recorded on the company's balance sheet. Investors also form their own opinion of Mynaric AG's value that differs from its market value or its book value, called intrinsic value, which is Mynaric AG'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 Mynaric AG's market value can be influenced by many factors that don't directly affect Mynaric AG'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 Mynaric AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mynaric AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mynaric AG'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.