Manitowoc Property Plant And Equipment Gross vs Accounts Payable Analysis

MTW Stock  USD 12.58  0.30  2.33%   
Manitowoc financial indicator trend analysis is infinitely more than just investigating Manitowoc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manitowoc is a good investment. Please check the relationship between Manitowoc Property Plant And Equipment Gross and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitowoc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitowoc Stock please use our How to Invest in Manitowoc guide.

Property Plant And Equipment Gross vs Accounts Payable

Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manitowoc Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Manitowoc's Property Plant And Equipment Gross and Accounts Payable is 0.44. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Manitowoc, assuming nothing else is changed. The correlation between historical values of Manitowoc's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Manitowoc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., Manitowoc's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Accounts Payable

An accounting item on the balance sheet that represents Manitowoc obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Manitowoc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Manitowoc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manitowoc 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 Manitowoc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitowoc Stock please use our How to Invest in Manitowoc guide.At this time, Manitowoc's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 5.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense28.9M31.6M35.2M33.4M
Depreciation And Amortization47.2M63.7M59.8M34.3M

Manitowoc fundamental ratios Correlations

0.980.990.550.940.980.51-0.40.990.94-0.40.65-0.910.990.780.860.030.990.330.870.960.970.970.680.750.64
0.980.990.520.940.960.44-0.410.960.93-0.410.69-0.870.970.820.80.010.980.320.890.940.960.950.670.690.64
0.990.990.520.950.970.43-0.440.970.91-0.440.72-0.890.970.820.830.070.990.380.910.930.990.960.650.710.62
0.550.520.520.670.380.76-0.130.490.5-0.130.5-0.460.410.670.620.620.440.280.650.430.50.370.510.080.43
0.940.940.950.670.90.49-0.470.90.82-0.470.8-0.840.890.920.780.260.920.480.960.840.930.880.570.60.51
0.980.960.970.380.90.43-0.460.980.9-0.460.6-0.91.00.710.82-0.110.990.330.80.960.951.00.610.840.6
0.510.440.430.760.490.43-0.080.550.53-0.080.02-0.430.440.30.730.080.440.00.310.570.40.420.520.40.52
-0.4-0.41-0.44-0.13-0.47-0.46-0.08-0.39-0.141.0-0.450.39-0.4-0.44-0.44-0.13-0.41-0.69-0.38-0.33-0.49-0.44-0.17-0.28-0.15
0.990.960.970.490.90.980.55-0.390.94-0.390.55-0.910.990.690.87-0.070.990.280.790.980.950.980.690.80.67
0.940.930.910.50.820.90.53-0.140.94-0.140.52-0.850.930.650.8-0.110.930.040.770.960.860.890.770.750.76
-0.4-0.41-0.44-0.13-0.47-0.46-0.081.0-0.39-0.14-0.450.39-0.4-0.44-0.44-0.13-0.41-0.69-0.38-0.33-0.49-0.44-0.17-0.28-0.15
0.650.690.720.50.80.60.02-0.450.550.52-0.45-0.610.590.920.40.530.630.540.910.460.70.580.350.280.25
-0.91-0.87-0.89-0.46-0.84-0.9-0.430.39-0.91-0.850.39-0.61-0.91-0.68-0.75-0.06-0.91-0.21-0.78-0.87-0.85-0.9-0.66-0.71-0.63
0.990.970.970.410.891.00.44-0.40.990.93-0.40.59-0.910.70.82-0.11.00.290.810.970.950.990.650.820.63
0.780.820.820.670.920.710.3-0.440.690.65-0.440.92-0.680.70.570.460.740.510.970.620.80.680.450.350.36
0.860.80.830.620.780.820.73-0.440.870.8-0.440.4-0.750.820.570.050.830.240.660.870.840.810.750.690.74
0.030.010.070.620.26-0.110.08-0.13-0.07-0.11-0.130.53-0.06-0.10.460.05-0.060.470.38-0.210.1-0.10.07-0.43-0.06
0.990.980.990.440.920.990.44-0.410.990.93-0.410.63-0.911.00.740.83-0.060.320.840.960.970.990.650.80.63
0.330.320.380.280.480.330.0-0.690.280.04-0.690.54-0.210.290.510.240.470.320.460.120.440.34-0.090.06-0.17
0.870.890.910.650.960.80.31-0.380.790.77-0.380.91-0.780.810.970.660.380.840.460.730.890.790.540.470.45
0.960.940.930.430.840.960.57-0.330.980.96-0.330.46-0.870.970.620.87-0.210.960.120.730.890.950.750.840.75
0.970.960.990.50.930.950.4-0.490.950.86-0.490.7-0.850.950.80.840.10.970.440.890.890.950.620.680.58
0.970.950.960.370.881.00.42-0.440.980.89-0.440.58-0.90.990.680.81-0.10.990.340.790.950.950.60.830.58
0.680.670.650.510.570.610.52-0.170.690.77-0.170.35-0.660.650.450.750.070.65-0.090.540.750.620.60.50.99
0.750.690.710.080.60.840.4-0.280.80.75-0.280.28-0.710.820.350.69-0.430.80.060.470.840.680.830.50.53
0.640.640.620.430.510.60.52-0.150.670.76-0.150.25-0.630.630.360.74-0.060.63-0.170.450.750.580.580.990.53
Click cells to compare fundamentals

Manitowoc Account Relationship Matchups

Manitowoc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.8B1.6B1.7B1.9B
Other Current Liab224.2M221.7M246.2M245.2M276M219.7M
Total Current Liabilities440.9M435.8M521M547.8M563.3M552.2M
Total Stockholder Equity645.9M643.5M662.4M537.8M603.3M497.4M
Property Plant And Equipment Net337.5M332.2M399.4M380.5M425.8M319.7M
Net Debt150.5M210.6M361M355.5M384.9M546.1M
Retained Earnings236.2M216.9M227.9M104.3M143.5M136.3M
Cash199.3M128.7M75.4M64.4M34.4M32.7M
Non Current Assets Total745.3M737.5M833.4M617M673.7M1.1B
Non Currrent Assets Other59M48.6M44.7M26.9M17.2M16.3M
Cash And Short Term Investments199.3M128.7M75.4M64.4M34.4M32.7M
Net Receivables185.7M228.7M252.8M276.9M285.5M200.9M
Common Stock Shares Outstanding35.6M34.7M35.5M35.2M36.0M35.0M
Liabilities And Stockholders Equity1.6B1.6B1.8B1.6B1.7B1.9B
Non Current Liabilities Total530.9M524.2M591.8M529.9M540.1M818.6M
Inventory461.4M473.1M576.8M611.9M666.5M366.6M
Other Current Assets26M35.5M36.8M45.3M46.6M67.6M
Other Stockholder Equity530.3M523.7M536.5M541M545.8M573.1M
Total Liab971.8M960M1.1B1.1B1.1B1.4B
Property Plant And Equipment Gross337.5M332.2M861.7M380.5M953.2M1.0B
Total Current Assets872.4M866M941.8M998.5M1.0B760.7M
Accumulated Other Comprehensive Income(121M)(97.5M)(102.4M)(107.9M)(86.4M)(90.7M)
Intangible Assets116.3M121.6M139.6M126.7M125.6M119.3M
Accounts Payable187.1M178.1M238.8M274.6M254.7M310.5M
Short Long Term Debt Total349.8M339.3M436.4M419.9M419.3M804.9M
Short Term Debt3.8M10.5M7.3M6.1M13.4M12.7M
Other Liab184.9M195.4M162.7M116.1M133.5M126.8M
Other Assets59M87M44.7M29.7M34.2M32.4M
Long Term Debt308.4M300.4M399.9M379.5M358.7M668.3M
Treasury Stock(61.9M)(71.4M)(65.9M)(65.7M)(75.6M)(79.3M)
Property Plant Equipment289.9M294.3M399.4M380.5M437.6M457.9M
Current Deferred Revenue25.8M25.5M28.7M21.9M19.2M33.0M
Good Will232.5M235.1M249.7M80.1M79.6M75.6M
Net Tangible Assets297.1M286.8M273.1M331M380.7M399.7M
Retained Earnings Total Equity236.2M216.9M227.9M104.3M93.9M89.2M
Long Term Debt Total308.4M300.4M399.9M379.5M341.6M676.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Manitowoc is a strong investment it is important to analyze Manitowoc'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 Manitowoc's future performance. For an informed investment choice regarding Manitowoc Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitowoc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Manitowoc Stock please use our How to Invest in Manitowoc guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Manitowoc Stock analysis

When running Manitowoc's price analysis, check to measure Manitowoc'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 Manitowoc is operating at the current time. Most of Manitowoc's value examination focuses on studying past and present price action to predict the probability of Manitowoc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitowoc's price. Additionally, you may evaluate how the addition of Manitowoc to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
CEOs Directory
Screen CEOs from public companies around the world
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is Manitowoc'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 Manitowoc. If investors know Manitowoc 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 Manitowoc 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
(0.74)
Earnings Share
0.75
Revenue Per Share
63.04
Quarterly Revenue Growth
(0.03)
Return On Assets
0.034
The market value of Manitowoc is measured differently than its book value, which is the value of Manitowoc that is recorded on the company's balance sheet. Investors also form their own opinion of Manitowoc's value that differs from its market value or its book value, called intrinsic value, which is Manitowoc'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 Manitowoc's market value can be influenced by many factors that don't directly affect Manitowoc'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 Manitowoc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manitowoc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manitowoc'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.