Mastech Gross Profit Margin vs Total Current Liabilities Analysis

MHH Stock  USD 8.36  0.26  3.21%   
Mastech Holdings financial indicator trend analysis is infinitely more than just investigating Mastech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mastech Holdings is a good investment. Please check the relationship between Mastech Holdings Gross Profit Margin and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.

Gross Profit Margin vs Total Current Liabilities

Gross Profit Margin vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mastech Holdings Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mastech Holdings' Gross Profit Margin and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Mastech Holdings, assuming nothing else is changed. The correlation between historical values of Mastech Holdings' Gross Profit Margin and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Mastech Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Gross Profit Margin i.e., Mastech Holdings' Gross Profit Margin and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit Margin

Total Current Liabilities

Total Current Liabilities is an item on Mastech Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mastech Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Mastech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mastech Holdings 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 Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.As of now, Mastech Holdings' Enterprise Value Multiple is increasing as compared to previous years. The Mastech Holdings' current Enterprise Value is estimated to increase to about 17.1 M, while Discontinued Operations is projected to decrease to under 75.2 K.
 2021 2022 2023 2024 (projected)
Interest Expense724K292K319K504.2K
Depreciation And Amortization4.0M4.2M3.9M4.1M

Mastech Holdings fundamental ratios Correlations

0.910.970.790.790.140.390.760.880.340.980.40.340.950.590.920.53-0.260.550.770.760.630.950.590.750.44
0.910.930.830.820.00.110.840.730.430.850.490.430.870.670.90.22-0.160.60.750.510.650.940.670.840.44
0.970.930.750.790.160.410.740.840.280.960.410.280.930.570.880.5-0.240.510.720.750.580.90.570.740.53
0.790.830.750.95-0.11-0.190.990.690.750.70.320.750.750.580.9-0.01-0.250.890.970.320.930.870.60.980.26
0.790.820.790.95-0.15-0.080.940.710.670.730.290.670.760.610.90.06-0.240.810.90.370.910.840.630.920.38
0.140.00.16-0.11-0.150.36-0.160.16-0.120.22-0.07-0.120.04-0.34-0.160.45-0.29-0.04-0.010.42-0.11-0.02-0.34-0.090.16
0.390.110.41-0.19-0.080.36-0.220.34-0.590.510.11-0.590.43-0.010.140.91-0.11-0.41-0.140.81-0.320.13-0.03-0.240.38
0.760.840.740.990.94-0.16-0.220.670.740.680.310.740.740.640.89-0.06-0.160.860.930.270.910.860.660.970.22
0.880.730.840.690.710.160.340.670.360.860.00.360.840.540.770.53-0.130.590.70.720.60.860.540.660.33
0.340.430.280.750.67-0.12-0.590.740.360.240.171.00.20.40.52-0.27-0.050.870.76-0.030.890.490.440.780.13
0.980.850.960.70.730.220.510.680.860.240.430.240.930.520.870.65-0.280.450.710.850.540.880.520.660.45
0.40.490.410.320.29-0.070.110.310.00.170.430.170.290.270.470.19-0.140.030.30.290.20.310.270.330.21
0.340.430.280.750.67-0.12-0.590.740.361.00.240.170.20.40.52-0.27-0.050.870.76-0.030.890.490.440.780.13
0.950.870.930.750.760.040.430.740.840.20.930.290.20.560.890.48-0.250.50.720.710.540.910.550.710.42
0.590.670.570.580.61-0.34-0.010.640.540.40.520.270.40.560.680.090.530.330.410.270.520.671.00.560.18
0.920.90.880.90.9-0.160.140.890.770.520.870.470.520.890.680.28-0.20.660.860.550.760.940.680.860.38
0.530.220.5-0.010.060.450.91-0.060.53-0.270.650.19-0.270.480.090.28-0.1-0.170.090.94-0.080.270.08-0.040.39
-0.26-0.16-0.24-0.25-0.24-0.29-0.11-0.16-0.13-0.05-0.28-0.14-0.05-0.250.53-0.2-0.1-0.33-0.43-0.18-0.22-0.20.53-0.22-0.3
0.550.60.510.890.81-0.04-0.410.860.590.870.450.030.870.50.330.66-0.17-0.330.920.120.930.690.360.90.25
0.770.750.720.970.9-0.01-0.140.930.70.760.710.30.760.720.410.860.09-0.430.920.380.930.830.440.940.32
0.760.510.750.320.370.420.810.270.72-0.030.850.29-0.030.710.270.550.94-0.180.120.380.210.540.270.290.5
0.630.650.580.930.91-0.11-0.320.910.60.890.540.20.890.540.520.76-0.08-0.220.930.930.210.720.550.910.3
0.950.940.90.870.84-0.020.130.860.860.490.880.310.490.910.670.940.27-0.20.690.830.540.720.670.850.39
0.590.670.570.60.63-0.34-0.030.660.540.440.520.270.440.551.00.680.080.530.360.440.270.550.670.580.18
0.750.840.740.980.92-0.09-0.240.970.660.780.660.330.780.710.560.86-0.04-0.220.90.940.290.910.850.580.34
0.440.440.530.260.380.160.380.220.330.130.450.210.130.420.180.380.39-0.30.250.320.50.30.390.180.34
Click cells to compare fundamentals

Mastech Holdings Account Relationship Matchups

Mastech Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets90.6M102.0M113.7M108.9M105.2M57.8M
Other Current Liab8.9M13.4M15.5M12.3M13.3M8.1M
Total Current Liabilities19.1M22.0M26.8M19.6M19.9M14.1M
Total Stockholder Equity46.3M59.5M74.4M86.0M81.4M85.5M
Property Plant And Equipment Net7.1M5.3M7.9M6.6M7.0M7.4M
Current Deferred Revenue237K478K544K207K684K542.2K
Net Debt27.0M13.0M11.3M(2.2M)(16.1M)(15.3M)
Retained Earnings28.8M38.6M50.8M59.6M52.4M55.0M
Accounts Payable4.0M2.6M5.0M4.5M4.7M3.3M
Cash3.0M7.7M6.6M7.1M21.1M22.2M
Non Current Assets Total53.7M60.9M59.8M55.7M48.8M26.6M
Other Assets405K6.4M595K871K1.0M815.9K
Cash And Short Term Investments3.0M7.7M6.6M7.1M21.1M22.2M
Net Receivables32.4M32.1M43.4M42.3M29.8M24.2M
Common Stock Total Equity127K130K131K133K153.0K88.1K
Common Stock Shares Outstanding11.2M12.0M12.0M12.1M11.6M10.9M
Liabilities And Stockholders Equity90.6M102.0M113.7M108.9M105.2M57.8M
Non Current Liabilities Total25.2M20.5M12.4M3.3M3.9M3.7M
Other Current Assets1.6M1.3M3.9M3.8M5.5M5.8M
Other Stockholder Equity17.8M21.3M24.1M27.9M30.5M32.1M
Total Liab44.3M42.5M39.3M22.9M23.8M24.9M
Property Plant And Equipment Gross7.1M5.3M7.0M7.7M13.1M13.7M
Total Current Assets36.9M41.2M53.9M53.2M56.5M31.2M
Accumulated Other Comprehensive Income(358K)(539K)(607K)(1.6M)(1.6M)(1.7M)
Common Stock127K130K131K133K153.0K97.4K
Property Plant Equipment2.5M5.3M7.9M6.6M7.5M7.9M
Non Currrent Assets Other405K396K595K(49K)457K316.5K
Intangible Assets20.1M21.9M18.8M15.8M13.0M12.0M
Net Tangible Assets124K5.1M23.2M37.7M43.4M45.5M
Retained Earnings Total Equity28.8M38.6M50.8M59.6M68.5M71.9M
Capital Surpluse21.9M25.5M28.3M32.1M36.9M21.0M
Accumulated Depreciation(2.6M)(3.3M)(3.9M)(5.0M)(4.5M)(4.3M)
Short Long Term Debt Total30.0M20.7M17.9M4.9M5.1M4.8M

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When determining whether Mastech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mastech Holdings' 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 Mastech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastech Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.
Note that the Mastech Holdings information on this page should be used as a complementary analysis to other Mastech Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Mastech Holdings' price analysis, check to measure Mastech Holdings' 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 Mastech Holdings is operating at the current time. Most of Mastech Holdings' value examination focuses on studying past and present price action to predict the probability of Mastech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mastech Holdings' price. Additionally, you may evaluate how the addition of Mastech Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Mastech Holdings' 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 Mastech Holdings. If investors know Mastech 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 Mastech Holdings 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
(0.95)
Earnings Share
(0.61)
Revenue Per Share
17.317
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.01)
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' 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 Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' 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 Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' 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.