Medallion Income Tax Expense vs Net Income Analysis

MFIN Stock  USD 7.74  0.01  0.13%   
Medallion Financial financial indicator trend analysis is infinitely more than just investigating Medallion Financial Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medallion Financial Corp is a good investment. Please check the relationship between Medallion Financial Income Tax Expense and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medallion Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medallion Financial Corp Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Medallion Financial's Income Tax Expense and Net Income is 0.61. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Medallion Financial Corp, assuming nothing else is changed. The correlation between historical values of Medallion Financial's Income Tax Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Medallion Financial Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., Medallion Financial's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Medallion Financial Corp financial statement analysis. It represents the amount of money remaining after all of Medallion Financial Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Medallion Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medallion Financial Corp 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 Medallion Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Medallion Financial's Selling General Administrative is very stable compared to the past year. As of the 15th of April 2024, Tax Provision is likely to grow to about 24.8 M, while Enterprise Value Over EBITDA is likely to drop 2.21.
 2021 2022 2023 2024 (projected)
Interest Expense31.1M36.2M62.9M66.1M
Depreciation And Amortization6.5M5.2M5.2M2.9M

Medallion Financial fundamental ratios Correlations

-0.360.00.070.470.91-0.520.980.610.590.570.970.960.390.78-0.730.171.00.910.70.840.540.490.34-0.530.76
-0.36-0.2-0.280.36-0.450.92-0.37-0.3-0.56-0.72-0.38-0.530.42-0.110.540.54-0.4-0.45-0.03-0.440.280.32-0.320.33-0.49
0.0-0.20.970.05-0.27-0.150.11-0.050.510.38-0.09-0.020.1-0.150.510.050.0-0.270.090.010.070.080.18-0.220.19
0.07-0.280.970.06-0.14-0.270.180.10.650.410.010.10.17-0.20.40.090.08-0.140.02-0.010.130.150.34-0.350.31
0.470.360.050.060.320.120.470.410.24-0.260.450.320.910.33-0.030.880.410.320.370.150.970.950.23-0.260.4
0.91-0.45-0.27-0.140.32-0.620.850.690.580.490.950.950.290.61-0.910.080.921.00.430.720.430.390.45-0.550.75
-0.520.92-0.15-0.270.12-0.62-0.48-0.65-0.75-0.68-0.59-0.70.13-0.120.660.31-0.55-0.62-0.01-0.460.020.04-0.520.49-0.64
0.98-0.370.110.180.470.85-0.480.490.580.580.920.920.380.79-0.640.180.970.850.750.830.550.490.29-0.520.75
0.61-0.3-0.050.10.410.69-0.650.490.720.260.730.710.510.13-0.580.290.610.680.020.310.520.550.63-0.580.62
0.59-0.560.510.650.240.58-0.750.580.720.570.620.70.370.05-0.340.140.590.570.060.330.370.40.72-0.680.78
0.57-0.720.380.41-0.260.49-0.680.580.260.570.540.65-0.340.46-0.46-0.550.610.480.450.73-0.18-0.250.1-0.350.47
0.97-0.38-0.090.010.450.95-0.590.920.730.620.540.970.40.7-0.790.160.970.950.580.80.540.50.36-0.590.73
0.96-0.53-0.020.10.320.95-0.70.920.710.70.650.970.280.66-0.820.040.970.950.550.80.430.390.43-0.580.8
0.390.420.10.170.910.290.130.380.510.37-0.340.40.280.10.030.940.330.290.15-0.040.930.980.44-0.370.43
0.78-0.11-0.15-0.20.330.61-0.120.790.130.050.460.70.660.1-0.52-0.010.780.60.960.860.310.23-0.3-0.160.35
-0.730.540.510.4-0.03-0.910.66-0.64-0.58-0.34-0.46-0.79-0.820.03-0.520.21-0.75-0.91-0.28-0.66-0.12-0.07-0.310.36-0.55
0.170.540.050.090.880.080.310.180.290.14-0.550.160.040.94-0.010.210.110.080.06-0.260.870.920.33-0.210.3
1.0-0.40.00.080.410.92-0.550.970.610.590.610.970.970.330.78-0.750.110.910.690.860.50.440.33-0.530.75
0.91-0.45-0.27-0.140.321.0-0.620.850.680.570.480.950.950.290.6-0.910.080.910.420.720.430.390.47-0.550.75
0.7-0.030.090.020.370.43-0.010.750.020.060.450.580.550.150.96-0.280.060.690.420.790.340.27-0.37-0.130.3
0.84-0.440.01-0.010.150.72-0.460.830.310.330.730.80.8-0.040.86-0.66-0.260.860.720.790.170.08-0.06-0.310.41
0.540.280.070.130.970.430.020.550.520.37-0.180.540.430.930.31-0.120.870.50.430.340.170.980.36-0.420.51
0.490.320.080.150.950.390.040.490.550.4-0.250.50.390.980.23-0.070.920.440.390.270.080.980.41-0.430.5
0.34-0.320.180.340.230.45-0.520.290.630.720.10.360.430.44-0.3-0.310.330.330.47-0.37-0.060.360.41-0.470.69
-0.530.33-0.22-0.35-0.26-0.550.49-0.52-0.58-0.68-0.35-0.59-0.58-0.37-0.160.36-0.21-0.53-0.55-0.13-0.31-0.42-0.43-0.47-0.58
0.76-0.490.190.310.40.75-0.640.750.620.780.470.730.80.430.35-0.550.30.750.750.30.410.510.50.69-0.58
Click cells to compare fundamentals

Medallion Financial Account Relationship Matchups

Medallion Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B1.9B2.3B2.6B2.7B
Short Long Term Debt Total225.6M252.1M229.0M232.7M250.6M267.1M
Other Current Liab(58.9M)(106.9M)(19.1M)3.6M(8M)(7.6M)
Total Current Liabilities58.9M106.9M19.1M36.4M8M7.6M
Total Stockholder Equity266.4M231.4M287.0M301.7M343.0M227.6M
Property Plant And Equipment Net14.4M12.4M11.8M13.2M14.1M14.8M
Net Debt157.8M140.0M104.5M127.1M198.0M235.9M
Accounts Payable20.6M19.6M19.1M27.8M37.6M39.5M
Cash67.8M112.0M124.5M105.6M52.6M42.9M
Non Current Assets Total276.8M270.8M240.5M247.7M109.6M104.1M
Non Currrent Assets Other(276.8M)(270.8M)(240.5M)2.9M29.8M28.3M
Cash And Short Term Investments116.8M112.0M124.5M154.1M149.8M157.3M
Net Receivables10.2M12.1M11.5M14.7M14.2M14.9M
Common Stock Shares Outstanding24.3M24.4M24.9M23.9M23.2M21.3M
Liabilities And Stockholders Equity1.5B1.6B1.9B2.3B2.6B2.7B
Non Current Liabilities Total197.8M165.5M247.2M1.9B2.2B2.3B
Other Current Assets(80.0M)(124.2M)(135.9M)(72.4M)(149.8M)(142.4M)
Other Stockholder Equity253.8M252.6M255.1M238.1M242.5M211.5M
Total Liab1.2B1.3B1.5B1.9B2.2B2.3B
Property Plant And Equipment Gross235K1.2M14.4M12.4M14.3M15.0M
Total Current Assets127.0M124.1M135.9M1.9B2.3B2.4B
Retained Earnings11.3M(23.5M)30.6M66.7M103.9M109.1M
Common Stock Total Equity276K278K281K287K330.1K241.8K
Common Stock276K278K281K287K291K244.9K
Other Assets1.1B1.2B1.5B64.8M226.1M310.3M
Long Term Debt174.6M153.7M220.0M219.3M235.5M219.1M
Short Term Debt38.2M87.3M9.1M5M8M7.6M
Intangible Assets52.5M51.1M23.5M22.0M20.6M21.6M
Property Plant Equipment14.4M12.4M11.8M13.2M15.1M15.9M
Other Liab9.3M807K18.2M26.8M30.8M32.3M
Short Term Investments49.0M46.8M44.8M48.5M299.7M284.7M
Accumulated Other Comprehensive Income999K2.0M1.0M(3.3M)(3.7M)(3.5M)
Net Tangible Assets59.8M29.5M112.8M128.9M116.0M133.7M
Deferred Long Term Liab9.3M5.8M18.2M26.8M30.8M32.3M
Long Term Investments1.1B56.5M54.5M58.8M65.7M62.4M
Short Long Term Debt38.2M87.3M0.05M8M7.6M
Long Term Debt Total174.6M153.7M220.0M214.3M192.9M200.3M

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When determining whether Medallion Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Medallion Financial'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 Medallion Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Medallion Financial Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medallion Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Medallion Financial's price analysis, check to measure Medallion Financial'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 Medallion Financial is operating at the current time. Most of Medallion Financial's value examination focuses on studying past and present price action to predict the probability of Medallion Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medallion Financial's price. Additionally, you may evaluate how the addition of Medallion Financial to your portfolios can decrease your overall portfolio volatility.
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Is Medallion Financial'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 Medallion Financial. If investors know Medallion 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 Medallion Financial 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
0.039
Dividend Share
0.34
Earnings Share
2.37
Revenue Per Share
11.73
Quarterly Revenue Growth
0.298
The market value of Medallion Financial Corp is measured differently than its book value, which is the value of Medallion that is recorded on the company's balance sheet. Investors also form their own opinion of Medallion Financial's value that differs from its market value or its book value, called intrinsic value, which is Medallion Financial'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 Medallion Financial's market value can be influenced by many factors that don't directly affect Medallion Financial'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 Medallion Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medallion Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medallion Financial'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.