Magyar Total Assets vs Other Current Liab 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 Total Assets and its Other Current Liab 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.
Total Assets vs Other Current Liab
Total Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magyar Bancorp Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Magyar Bancorp's Total Assets and Other Current Liab is -0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab 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 Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Magyar Bancorp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Magyar Bancorp's Total Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Magyar Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magyar Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Liab
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 |
Magyar Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Magyar Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Transaction History View history of all your transactions and understand their impact on performance | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |
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.