Manchester Net Tangible Assets vs Total Stockholder Equity Analysis

MANU Stock  USD 16.13  0.10  0.62%   
Manchester United financial indicator trend analysis is infinitely more than just investigating Manchester United recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manchester United is a good investment. Please check the relationship between Manchester United Net Tangible Assets and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. 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.
For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manchester United Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Manchester United's Net Tangible Assets and Total Stockholder Equity is 0.76. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Manchester United, assuming nothing else is changed. The correlation between historical values of Manchester United's Net Tangible Assets and Total Stockholder Equity 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 Manchester United are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Manchester United's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Manchester United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manchester United 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 Manchester United. 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.
For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.Selling General Administrative is likely to gain to about 423.5 M in 2024, despite the fact that Tax Provision is likely to grow to (3.3 M).
 2021 2022 2023 2024 (projected)
EBITDA80.6M157.9M181.6M144.8M
Depreciation And Amortization165.8M186.5M214.5M109.2M

Manchester United fundamental ratios Correlations

0.310.70.340.46-0.07-0.020.790.620.660.670.70.870.280.16-0.070.310.760.890.49-0.070.860.120.8-0.84-0.01
0.310.45-0.460.1-0.59-0.570.15-0.10.030.380.360.40.050.550.390.07-0.160.580.05-0.320.110.440.58-0.35-0.11
0.70.45-0.340.39-0.54-0.620.690.310.440.480.480.56-0.060.670.310.50.520.820.46-0.180.480.730.79-0.62-0.11
0.34-0.46-0.340.110.760.90.080.510.290.140.260.270.36-0.74-0.61-0.310.53-0.090.180.250.51-0.81-0.14-0.250.19
0.460.10.390.110.08-0.080.390.28-0.030.050.160.35-0.160.1-0.210.220.440.430.93-0.270.330.150.49-0.32-0.24
-0.07-0.59-0.540.760.080.82-0.160.250.15-0.12-0.05-0.110.21-0.86-0.54-0.320.14-0.420.070.130.16-0.82-0.460.120.21
-0.02-0.57-0.620.9-0.080.82-0.090.390.03-0.250.04-0.150.07-0.85-0.4-0.380.21-0.41-0.070.090.29-0.95-0.370.18-0.02
0.790.150.690.080.39-0.16-0.090.620.550.270.560.48-0.170.20.370.570.520.80.3-0.350.770.210.82-0.42-0.38
0.62-0.10.310.510.280.250.390.620.270.170.180.34-0.08-0.370.070.180.590.40.22-0.320.91-0.260.33-0.37-0.32
0.660.030.440.29-0.030.150.030.550.270.60.590.590.460.01-0.180.370.570.560.070.410.510.050.46-0.540.35
0.670.380.480.140.05-0.12-0.250.270.170.60.470.920.810.18-0.3-0.050.380.640.130.280.410.230.39-0.920.61
0.70.360.480.260.16-0.050.040.560.180.590.470.590.20.240.040.030.440.610.27-0.050.550.010.64-0.570.03
0.870.40.560.270.35-0.11-0.150.480.340.590.920.590.660.18-0.320.090.580.80.40.160.590.180.61-0.970.38
0.280.05-0.060.36-0.160.210.07-0.17-0.080.460.810.20.66-0.21-0.67-0.310.190.15-0.070.650.07-0.12-0.09-0.630.89
0.160.550.67-0.740.1-0.86-0.850.2-0.370.010.180.240.18-0.210.440.3-0.030.470.2-0.14-0.20.860.54-0.22-0.14
-0.070.390.31-0.61-0.21-0.54-0.40.370.07-0.18-0.30.04-0.32-0.670.440.29-0.410.21-0.34-0.710.050.360.330.32-0.66
0.310.070.5-0.310.22-0.32-0.380.570.180.37-0.050.030.09-0.310.30.290.30.50.14-0.040.220.490.47-0.02-0.39
0.76-0.160.520.530.440.140.210.520.590.570.380.440.580.19-0.03-0.410.30.490.610.290.690.030.46-0.620.08
0.890.580.82-0.090.43-0.42-0.410.80.40.560.640.610.80.150.470.210.50.490.4-0.190.650.460.93-0.74-0.12
0.490.050.460.180.930.07-0.070.30.220.070.130.270.4-0.070.2-0.340.140.610.4-0.080.30.190.45-0.43-0.09
-0.07-0.32-0.180.25-0.270.130.09-0.35-0.320.410.28-0.050.160.65-0.14-0.71-0.040.29-0.19-0.08-0.270.0-0.27-0.160.75
0.860.110.480.510.330.160.290.770.910.510.410.550.590.07-0.20.050.220.690.650.3-0.27-0.180.58-0.6-0.22
0.120.440.73-0.810.15-0.82-0.950.21-0.260.050.230.010.18-0.120.860.360.490.030.460.190.0-0.180.44-0.220.0
0.80.580.79-0.140.49-0.46-0.370.820.330.460.390.640.61-0.090.540.330.470.460.930.45-0.270.580.44-0.54-0.3
-0.84-0.35-0.62-0.25-0.320.120.18-0.42-0.37-0.54-0.92-0.57-0.97-0.63-0.220.32-0.02-0.62-0.74-0.43-0.16-0.6-0.22-0.54-0.4
-0.01-0.11-0.110.19-0.240.21-0.02-0.38-0.320.350.610.030.380.89-0.14-0.66-0.390.08-0.12-0.090.75-0.220.0-0.3-0.4
Click cells to compare fundamentals

Manchester United Account Relationship Matchups

Manchester United fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.3B1.3B1.3B1.5B1.1B
Other Current Liab114.2M123.0M130.1M108.2M124.4M71.7M
Total Current Liabilities398.3M384.0M494.8M526.9M605.9M636.2M
Total Stockholder Equity351.2M272.5M127.5M104.0M119.5M113.6M
Other Liab101.4M130.2M138.1M171.9M197.7M127.4M
Net Tangible Assets(77.1M)(482.0M)(299.6M)(323.5M)(291.2M)(276.6M)
Retained Earnings87.2M(13.7M)(170.0M)(196.7M)(177.0M)(168.1M)
Accounts Payable105.9M76.6M91.6M142.1M163.4M83.2M
Cash51.5M110.7M121.2M76.0M87.4M132.5M
Other Assets471.4M41.5M380.2M434.7M499.9M265.8M
Long Term Debt520.0M465.0M530.4M507.3M583.4M482.0M
Net Receivables163.4M92.5M91.6M89.7M103.2M78.1M
Inventory2.2M2.1M2.2M3.2M2.8M3.0M
Other Current Assets7.7M7.7M22.1M24.8M22.3M11.9M
Total Liab1.0B987.8M1.2B1.2B1.4B805.2M
Deferred Long Term Liab346.9M328.0M316.2M384.9M442.6M464.7M
Short Long Term Debt5.6M65.2M105.8M106.0M121.9M78.1M
Total Current Assets224.8M212.9M237.2M193.7M222.8M198.4M
Accumulated Other Comprehensive Income216.5M238.6M250.0M253.0M291.0M305.5M
Short Term Debt6.7M66.4M107.3M107.0M123.0M129.2M
Intangible Assets353.7M333.0M321.8M390.9M449.6M226.5M
Property Plant Equipment259.0M251.4M246.7M262.0M301.3M305.9M
Short Long Term Debt Total530.0M534.6M640.6M622.2M715.5M576.1M
Property Plant And Equipment Net259.0M251.4M246.7M262.0M301.3M273.6M
Current Deferred Revenue171.6M118.0M165.8M169.6M195.1M169.1M
Net Debt478.5M423.9M519.3M546.2M491.5M297.3M
Non Current Assets Total1.2B1.0B1.1B1.1B1.3B1.1B
Non Currrent Assets Other66.1M41.5M64.0M49.8M57.3M32.6M
Cash And Short Term Investments51.5M110.7M121.2M76.0M87.4M167.3M
Common Stock Shares Outstanding164.3M162.9M163.0M163.1M187.5M177.6M
Liabilities And Stockholders Equity1.4B1.3B1.3B1.3B1.5B1.4B
Non Current Liabilities Total633.9M603.8M671.3M687.1M618.4M491.7M
Property Plant And Equipment Gross259.0M251.4M246.7M262.0M301.3M282.5M
Capital Lease Obligations4.4M4.3M4.4M8.9M10.2M10.7M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Manchester United in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Manchester United's short interest history, or implied volatility extrapolated from Manchester United options trading.

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When determining whether Manchester United is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Manchester Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Manchester United Stock. Highlighted below are key reports to facilitate an investment decision about Manchester United Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. 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.
For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Manchester United's price analysis, check to measure Manchester United'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 Manchester United is operating at the current time. Most of Manchester United's value examination focuses on studying past and present price action to predict the probability of Manchester United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manchester United's price. Additionally, you may evaluate how the addition of Manchester United to your portfolios can decrease your overall portfolio volatility.
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Is Manchester United'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 Manchester United. If investors know Manchester 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 Manchester United 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
2.231
Earnings Share
(0.11)
Revenue Per Share
4.416
Quarterly Revenue Growth
0.349
Return On Assets
0.0003
The market value of Manchester United is measured differently than its book value, which is the value of Manchester that is recorded on the company's balance sheet. Investors also form their own opinion of Manchester United's value that differs from its market value or its book value, called intrinsic value, which is Manchester United'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 Manchester United's market value can be influenced by many factors that don't directly affect Manchester United'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 Manchester United's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manchester United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manchester United'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.