Magyar Capital Stock vs Property Plant Equipment Analysis

MGYR Stock  USD 11.05  0.05  0.45%   
Magyar Bancorp financial indicator trend analysis is infinitely more than just investigating Magyar Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magyar Bancorp is a good investment. Please check the relationship between Magyar Bancorp Capital Stock and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magyar Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

Capital Stock vs Property Plant Equipment

Capital Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magyar Bancorp Capital Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Magyar Bancorp's Capital Stock and Property Plant Equipment is -0.13. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Magyar Bancorp, assuming nothing else is changed. The correlation between historical values of Magyar Bancorp's Capital Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Magyar Bancorp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Stock i.e., Magyar Bancorp's Capital Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Property Plant Equipment

Most indicators from Magyar Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magyar Bancorp 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 Magyar Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.As of 05/24/2024, Selling General Administrative is likely to drop to about 824.8 K. In addition to that, Tax Provision is likely to drop to about 1.8 M
 2021 2022 2023 2024 (projected)
Interest Expense2.5M10.3M9.3M5.4M
Depreciation And Amortization839K840K756K714.8K

Magyar Bancorp fundamental ratios Correlations

0.16-0.780.730.750.6-0.040.040.90.740.07-0.34-0.2-0.050.080.080.590.790.010.140.741.00.890.610.120.79
0.160.21-0.2-0.18-0.340.470.31-0.18-0.130.310.020.510.310.890.46-0.130.290.420.98-0.180.210.22-0.10.44-0.37
-0.780.21-0.97-0.92-0.920.360.12-0.87-0.960.060.350.530.280.240.13-0.75-0.650.190.21-0.87-0.75-0.74-0.760.13-0.84
0.73-0.2-0.970.950.91-0.36-0.040.80.99-0.15-0.39-0.6-0.39-0.22-0.160.850.65-0.2-0.20.890.710.690.86-0.060.83
0.75-0.18-0.920.950.79-0.24-0.190.80.960.01-0.31-0.43-0.33-0.220.040.80.63-0.09-0.180.980.720.760.820.050.86
0.6-0.34-0.920.910.79-0.330.130.70.86-0.39-0.52-0.77-0.4-0.44-0.460.780.44-0.22-0.380.730.580.550.77-0.080.73
-0.040.470.36-0.36-0.24-0.330.28-0.39-0.350.03-0.390.270.540.120.1-0.32-0.180.430.41-0.1-0.010.12-0.330.92-0.38
0.040.310.12-0.04-0.190.130.28-0.15-0.1-0.8-0.5-0.29-0.290.14-0.620.3-0.010.130.2-0.260.09-0.180.260.37-0.24
0.9-0.18-0.870.80.80.7-0.39-0.150.810.05-0.15-0.31-0.26-0.16-0.010.640.72-0.15-0.180.760.880.780.66-0.240.93
0.74-0.13-0.960.990.960.86-0.35-0.10.81-0.05-0.32-0.51-0.38-0.15-0.040.840.68-0.17-0.130.90.720.720.85-0.060.83
0.070.310.06-0.150.01-0.390.03-0.80.05-0.050.530.640.520.40.89-0.450.170.130.40.090.050.31-0.39-0.130.0
-0.340.020.35-0.39-0.31-0.52-0.39-0.5-0.15-0.320.530.720.010.280.57-0.42-0.120.330.09-0.33-0.35-0.32-0.37-0.55-0.22
-0.20.510.53-0.6-0.43-0.770.27-0.29-0.31-0.510.640.720.460.580.74-0.63-0.010.570.56-0.37-0.18-0.14-0.580.04-0.45
-0.050.310.28-0.39-0.33-0.40.54-0.29-0.26-0.380.520.010.460.220.33-0.740.040.210.39-0.21-0.030.07-0.730.31-0.35
0.080.890.24-0.22-0.22-0.440.120.14-0.16-0.150.40.280.580.220.55-0.150.320.250.94-0.260.130.04-0.110.08-0.38
0.080.460.13-0.160.04-0.460.1-0.62-0.01-0.040.890.570.740.330.55-0.280.180.340.520.10.070.26-0.210.03-0.07
0.59-0.13-0.750.850.80.78-0.320.30.640.84-0.45-0.42-0.63-0.74-0.15-0.280.46-0.17-0.190.710.580.461.00.020.68
0.790.29-0.650.650.630.44-0.18-0.010.720.680.17-0.12-0.010.040.320.180.460.030.330.580.80.660.49-0.010.57
0.010.420.19-0.2-0.09-0.220.430.13-0.15-0.170.130.330.570.210.250.34-0.170.030.39-0.060.030.05-0.140.4-0.24
0.140.980.21-0.2-0.18-0.380.410.2-0.18-0.130.40.090.560.390.940.52-0.190.330.39-0.180.190.19-0.150.36-0.39
0.74-0.18-0.870.890.980.73-0.1-0.260.760.90.09-0.33-0.37-0.21-0.260.10.710.58-0.06-0.180.710.80.740.160.84
1.00.21-0.750.710.720.58-0.010.090.880.720.05-0.35-0.18-0.030.130.070.580.80.030.190.710.870.60.140.74
0.890.22-0.740.690.760.550.12-0.180.780.720.31-0.32-0.140.070.040.260.460.660.050.190.80.870.50.250.75
0.61-0.1-0.760.860.820.77-0.330.260.660.85-0.39-0.37-0.58-0.73-0.11-0.211.00.49-0.14-0.150.740.60.50.020.7
0.120.440.13-0.060.05-0.080.920.37-0.24-0.06-0.13-0.550.040.310.080.030.02-0.010.40.360.160.140.250.02-0.17
0.79-0.37-0.840.830.860.73-0.38-0.240.930.830.0-0.22-0.45-0.35-0.38-0.070.680.57-0.24-0.390.840.740.750.7-0.17
Click cells to compare fundamentals

Magyar Bancorp Account Relationship Matchups

Magyar Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets754.0M657.8M798.5M907.3M1.0B610.6M
Short Long Term Debt Total67.4M23.4M15.6M29.5M26.6M30.0M
Other Current Liab(9.0M)(9.9M)(18.0M)(18.4M)(16.6M)(15.8M)
Total Current Liabilities9.0M9.9M18.0M18.4M21.2M22.2M
Total Stockholder Equity56.9M97.6M98.5M104.8M120.5M126.5M
Other Liab3.8M4.1M3.2M16.7M15.0M15.8M
Property Plant And Equipment Net14.7M14.3M13.9M13.3M12.0M13.7M
Net Debt5.7M(51.8M)(15.3M)26.3M23.7M15.3M
Retained Earnings33.2M39.3M45.8M52.2M60.0M30.0M
Accounts Payable9.0M9.9M13.3M14.0M16.1M17.0M
Cash61.7M75.2M30.9M3.2M3.7M3.5M
Non Current Assets Total59.8M84.9M13.9M13.3M12.0M11.4M
Non Currrent Assets Other(3.3M)(3.3M)(100.9M)(96.0M)(110.4M)(115.9M)
Other Assets613.9M481.2M769.1M187.2M215.3M204.6M
Long Term Debt67.4M23.4M10.9M25.1M22.6M27.5M
Cash And Short Term Investments76.3M88.1M12.1M13.3M15.3M25.9M
Net Receivables4.0M3.5M3.5M693.4M797.4M837.3M
Common Stock Shares Outstanding7.1M6.0M6.8M6.4M7.4M6.5M
Short Term Investments14.6M12.9M9.2M10.1M9.1M12.1M
Liabilities And Stockholders Equity754.0M657.8M798.5M907.3M1.0B610.6M
Non Current Liabilities Total67.4M23.4M18.0M25.1M22.6M29.3M
Other Stockholder Equity25.0M59.2M54.8M54.3M62.5M65.6M
Total Liab697.1M560.1M700.0M802.5M922.9M553.7M
Property Plant And Equipment Gross28.8M29.1M29.4M29.6M34.0M22.0M
Total Current Assets80.3M91.7M15.6M706.7M812.7M853.4M
Accumulated Other Comprehensive Income(1.4M)(947K)(2.1M)(1.8M)(1.6M)(1.7M)
Property Plant Equipment16.2M14.7M14.3M13.9M16.0M19.0M
Inventory(68.4M)(79.4M)(34.7M)(77.2M)(69.5M)(66.0M)
Net Tangible Assets54.7M56.9M97.6M98.5M113.3M62.7M
Retained Earnings Total Equity28.0M31.0M33.2M45.8M52.6M29.8M
Capital Surpluse26.3M26.3M26.3M63.7M73.3M77.0M
Long Term Investments609.7M70.6M632.8M96.0M86.4M82.0M
Non Current Liabilities Other37.8M38.6M69.8M3.4M3.1M2.9M
Intangible Assets26K12K4K28K25.2K23.9K
Other Current Assets68.4M79.4M34.7M77.2M88.8M93.2M
Short Long Term Debt8.9M10.3M4.7M4.4M3.9M3.7M
Short Term Debt7.8M11.5M4.7M4.4M3.9M7.5M

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When determining whether Magyar Bancorp is a strong investment it is important to analyze Magyar Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magyar Bancorp's future performance. For an informed investment choice regarding Magyar Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magyar Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Magyar Bancorp'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 Magyar Bancorp. If investors know Magyar 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 Magyar Bancorp 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
0.074
Dividend Share
0.15
Earnings Share
0.2
Revenue Per Share
4.767
Quarterly Revenue Growth
0.02
The market value of Magyar Bancorp is measured differently than its book value, which is the value of Magyar that is recorded on the company's balance sheet. Investors also form their own opinion of Magyar Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Magyar Bancorp'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 Magyar Bancorp's market value can be influenced by many factors that don't directly affect Magyar Bancorp'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 Magyar Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magyar Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magyar Bancorp'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.