Magyar Long Term Debt vs Non Current Assets Total Analysis

MGYR Stock

USD 10.90 0.15 1.36%

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 Long Term Debt and its Non Current Assets Total 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.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magyar Bancorp Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.

The correlation between Magyar Bancorp's Long Term Debt and Non Current Assets Total is 0.28. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total 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 Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Magyar Bancorp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Magyar Bancorp's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Magyar Bancorp has held for over one year. Long-term debt appears on Magyar Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Magyar Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 06/01/2024, 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 Expense	2.5M	10.3M	9.3M	5.4M
Depreciation And Amortization	839K	840K	756K	714.8K

Interest Expense Depreciation And Amortization

Magyar Bancorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Common Stock Total Equity
Total Assets		0.16	-0.78	0.73	0.75	0.6	-0.04	0.04	0.9	0.74	0.07	-0.34	-0.2	-0.05	0.08	0.08	0.59	0.79	0.01	0.14	0.74	1.0	0.89	0.61	0.12	0.79
Short Long Term Debt Total	0.16		0.21	-0.2	-0.18	-0.34	0.47	0.31	-0.18	-0.13	0.31	0.02	0.51	0.31	0.89	0.46	-0.13	0.29	0.42	0.98	-0.18	0.21	0.22	-0.1	0.44	-0.37
Other Current Liab	-0.78	0.21		-0.97	-0.92	-0.92	0.36	0.12	-0.87	-0.96	0.06	0.35	0.53	0.28	0.24	0.13	-0.75	-0.65	0.19	0.21	-0.87	-0.75	-0.74	-0.76	0.13	-0.84
Total Current Liabilities	0.73	-0.2	-0.97		0.95	0.91	-0.36	-0.04	0.8	0.99	-0.15	-0.39	-0.6	-0.39	-0.22	-0.16	0.85	0.65	-0.2	-0.2	0.89	0.71	0.69	0.86	-0.06	0.83
Total Stockholder Equity	0.75	-0.18	-0.92	0.95		0.79	-0.24	-0.19	0.8	0.96	0.01	-0.31	-0.43	-0.33	-0.22	0.04	0.8	0.63	-0.09	-0.18	0.98	0.72	0.76	0.82	0.05	0.86
Other Liab	0.6	-0.34	-0.92	0.91	0.79		-0.33	0.13	0.7	0.86	-0.39	-0.52	-0.77	-0.4	-0.44	-0.46	0.78	0.44	-0.22	-0.38	0.73	0.58	0.55	0.77	-0.08	0.73
Property Plant And Equipment Net	-0.04	0.47	0.36	-0.36	-0.24	-0.33		0.28	-0.39	-0.35	0.03	-0.39	0.27	0.54	0.12	0.1	-0.32	-0.18	0.43	0.41	-0.1	-0.01	0.12	-0.33	0.92	-0.38
Net Debt	0.04	0.31	0.12	-0.04	-0.19	0.13	0.28		-0.15	-0.1	-0.8	-0.5	-0.29	-0.29	0.14	-0.62	0.3	-0.01	0.13	0.2	-0.26	0.09	-0.18	0.26	0.37	-0.24
Retained Earnings	0.9	-0.18	-0.87	0.8	0.8	0.7	-0.39	-0.15		0.81	0.05	-0.15	-0.31	-0.26	-0.16	-0.01	0.64	0.72	-0.15	-0.18	0.76	0.88	0.78	0.66	-0.24	0.93
Accounts Payable	0.74	-0.13	-0.96	0.99	0.96	0.86	-0.35	-0.1	0.81		-0.05	-0.32	-0.51	-0.38	-0.15	-0.04	0.84	0.68	-0.17	-0.13	0.9	0.72	0.72	0.85	-0.06	0.83
Cash	0.07	0.31	0.06	-0.15	0.01	-0.39	0.03	-0.8	0.05	-0.05		0.53	0.64	0.52	0.4	0.89	-0.45	0.17	0.13	0.4	0.09	0.05	0.31	-0.39	-0.13	0.0
Non Current Assets Total	-0.34	0.02	0.35	-0.39	-0.31	-0.52	-0.39	-0.5	-0.15	-0.32	0.53		0.72	0.01	0.28	0.57	-0.42	-0.12	0.33	0.09	-0.33	-0.35	-0.32	-0.37	-0.55	-0.22
Non Currrent Assets Other	-0.2	0.51	0.53	-0.6	-0.43	-0.77	0.27	-0.29	-0.31	-0.51	0.64	0.72		0.46	0.58	0.74	-0.63	-0.01	0.57	0.56	-0.37	-0.18	-0.14	-0.58	0.04	-0.45
Other Assets	-0.05	0.31	0.28	-0.39	-0.33	-0.4	0.54	-0.29	-0.26	-0.38	0.52	0.01	0.46		0.22	0.33	-0.74	0.04	0.21	0.39	-0.21	-0.03	0.07	-0.73	0.31	-0.35
Long Term Debt	0.08	0.89	0.24	-0.22	-0.22	-0.44	0.12	0.14	-0.16	-0.15	0.4	0.28	0.58	0.22		0.55	-0.15	0.32	0.25	0.94	-0.26	0.13	0.04	-0.11	0.08	-0.38
Cash And Short Term Investments	0.08	0.46	0.13	-0.16	0.04	-0.46	0.1	-0.62	-0.01	-0.04	0.89	0.57	0.74	0.33	0.55		-0.28	0.18	0.34	0.52	0.1	0.07	0.26	-0.21	0.03	-0.07
Net Receivables	0.59	-0.13	-0.75	0.85	0.8	0.78	-0.32	0.3	0.64	0.84	-0.45	-0.42	-0.63	-0.74	-0.15	-0.28		0.46	-0.17	-0.19	0.71	0.58	0.46	1.0	0.02	0.68
Common Stock Shares Outstanding	0.79	0.29	-0.65	0.65	0.63	0.44	-0.18	-0.01	0.72	0.68	0.17	-0.12	-0.01	0.04	0.32	0.18	0.46		0.03	0.33	0.58	0.8	0.66	0.49	-0.01	0.57
Short Term Investments	0.01	0.42	0.19	-0.2	-0.09	-0.22	0.43	0.13	-0.15	-0.17	0.13	0.33	0.57	0.21	0.25	0.34	-0.17	0.03		0.39	-0.06	0.03	0.05	-0.14	0.4	-0.24
Non Current Liabilities Total	0.14	0.98	0.21	-0.2	-0.18	-0.38	0.41	0.2	-0.18	-0.13	0.4	0.09	0.56	0.39	0.94	0.52	-0.19	0.33	0.39		-0.18	0.19	0.19	-0.15	0.36	-0.39
Other Stockholder Equity	0.74	-0.18	-0.87	0.89	0.98	0.73	-0.1	-0.26	0.76	0.9	0.09	-0.33	-0.37	-0.21	-0.26	0.1	0.71	0.58	-0.06	-0.18		0.71	0.8	0.74	0.16	0.84
Total Liab	1.0	0.21	-0.75	0.71	0.72	0.58	-0.01	0.09	0.88	0.72	0.05	-0.35	-0.18	-0.03	0.13	0.07	0.58	0.8	0.03	0.19	0.71		0.87	0.6	0.14	0.74
Property Plant And Equipment Gross	0.89	0.22	-0.74	0.69	0.76	0.55	0.12	-0.18	0.78	0.72	0.31	-0.32	-0.14	0.07	0.04	0.26	0.46	0.66	0.05	0.19	0.8	0.87		0.5	0.25	0.75
Total Current Assets	0.61	-0.1	-0.76	0.86	0.82	0.77	-0.33	0.26	0.66	0.85	-0.39	-0.37	-0.58	-0.73	-0.11	-0.21	1.0	0.49	-0.14	-0.15	0.74	0.6	0.5		0.02	0.7
Property Plant Equipment	0.12	0.44	0.13	-0.06	0.05	-0.08	0.92	0.37	-0.24	-0.06	-0.13	-0.55	0.04	0.31	0.08	0.03	0.02	-0.01	0.4	0.36	0.16	0.14	0.25	0.02		-0.17
Common Stock Total Equity	0.79	-0.37	-0.84	0.83	0.86	0.73	-0.38	-0.24	0.93	0.83	0.0	-0.22	-0.45	-0.35	-0.38	-0.07	0.68	0.57	-0.24	-0.39	0.84	0.74	0.75	0.7	-0.17

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Magyar Bancorp Account Relationship Matchups

Magyar Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	754.0M	657.8M	798.5M	907.3M	1.0B	610.6M
Short Long Term Debt Total	67.4M	23.4M	15.6M	29.5M	26.6M	30.0M
Other Current Liab	(9.0M)	(9.9M)	(18.0M)	(18.4M)	(16.6M)	(15.8M)
Total Current Liabilities	9.0M	9.9M	18.0M	18.4M	21.2M	22.2M
Total Stockholder Equity	56.9M	97.6M	98.5M	104.8M	120.5M	126.5M
Other Liab	3.8M	4.1M	3.2M	16.7M	15.0M	15.8M
Property Plant And Equipment Net	14.7M	14.3M	13.9M	13.3M	12.0M	13.7M
Net Debt	5.7M	(51.8M)	(15.3M)	26.3M	23.7M	15.3M
Retained Earnings	33.2M	39.3M	45.8M	52.2M	60.0M	30.0M
Accounts Payable	9.0M	9.9M	13.3M	14.0M	16.1M	17.0M
Cash	61.7M	75.2M	30.9M	3.2M	3.7M	3.5M
Non Current Assets Total	59.8M	84.9M	13.9M	13.3M	12.0M	11.4M
Non Currrent Assets Other	(3.3M)	(3.3M)	(100.9M)	(96.0M)	(110.4M)	(115.9M)
Other Assets	613.9M	481.2M	769.1M	187.2M	215.3M	204.6M
Long Term Debt	67.4M	23.4M	10.9M	25.1M	22.6M	27.5M
Cash And Short Term Investments	76.3M	88.1M	12.1M	13.3M	15.3M	25.9M
Net Receivables	4.0M	3.5M	3.5M	693.4M	797.4M	837.3M
Common Stock Shares Outstanding	7.1M	6.0M	6.8M	6.4M	7.4M	6.5M
Short Term Investments	14.6M	12.9M	9.2M	10.1M	9.1M	12.1M
Liabilities And Stockholders Equity	754.0M	657.8M	798.5M	907.3M	1.0B	610.6M
Non Current Liabilities Total	67.4M	23.4M	18.0M	25.1M	22.6M	29.3M
Other Stockholder Equity	25.0M	59.2M	54.8M	54.3M	62.5M	65.6M
Total Liab	697.1M	560.1M	700.0M	802.5M	922.9M	553.7M
Property Plant And Equipment Gross	28.8M	29.1M	29.4M	29.6M	34.0M	22.0M
Total Current Assets	80.3M	91.7M	15.6M	706.7M	812.7M	853.4M
Accumulated Other Comprehensive Income	(1.4M)	(947K)	(2.1M)	(1.8M)	(1.6M)	(1.7M)
Property Plant Equipment	16.2M	14.7M	14.3M	13.9M	16.0M	19.0M
Inventory	(68.4M)	(79.4M)	(34.7M)	(77.2M)	(69.5M)	(66.0M)
Net Tangible Assets	54.7M	56.9M	97.6M	98.5M	113.3M	62.7M
Retained Earnings Total Equity	28.0M	31.0M	33.2M	45.8M	52.6M	29.8M
Capital Surpluse	26.3M	26.3M	26.3M	63.7M	73.3M	77.0M
Long Term Investments	609.7M	70.6M	632.8M	96.0M	86.4M	82.0M
Non Current Liabilities Other	37.8M	38.6M	69.8M	3.4M	3.1M	2.9M
Intangible Assets	26K	12K	4K	28K	25.2K	23.9K
Other Current Assets	68.4M	79.4M	34.7M	77.2M	88.8M	93.2M
Short Long Term Debt	8.9M	10.3M	4.7M	4.4M	3.9M	3.7M
Short Term Debt	7.8M	11.5M	4.7M	4.4M	3.9M	7.5M

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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:

How To Invest In Magyar

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Is Magyar Stock a good investment?

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What is Magyar Bancorp's Net Worth?

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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Magyar Stock analysis

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.

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Magyar Long Term Debt vs Non Current Assets Total Analysis

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Long Term Debt

Non Current Assets Total

Magyar Bancorp fundamental ratios Correlations

Magyar Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magyar Bancorp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Magyar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Net Receivables
Accounts Payable	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Other Stockholder Equity	+ 0.98	Total Stockholder Equity
Accounts Payable	+ 0.96	Total Stockholder Equity

Total Current Liabilities	- 0.97	Other Current Liab
Accounts Payable	- 0.96	Other Current Liab
Other Liab	- 0.92	Other Current Liab
Total Stockholder Equity	- 0.92	Other Current Liab
Other Stockholder Equity	- 0.87	Other Current Liab
Retained Earnings	- 0.87	Other Current Liab