MIRC Total Liab vs Total Stockholder Equity Analysis

MIRCELECTR

26.45 0.51 1.97%

MIRC Electronics financial indicator trend analysis is infinitely more than just investigating MIRC Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MIRC Electronics is a good investment. Please check the relationship between MIRC Electronics Total Liab and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIRC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in banks.

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MIRC Electronics Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MIRC Electronics' Total Liab and Total Stockholder Equity is -0.27. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of MIRC Electronics Limited, assuming nothing else is changed. The correlation between historical values of MIRC Electronics' Total Liab and Total Stockholder Equity 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 Liab of MIRC Electronics Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., MIRC Electronics' Total Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from MIRC Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MIRC Electronics 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 MIRC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in banks.

The current year's Selling General Administrative is expected to grow to about 656.3 M

	2022	2023	2024	2025 (projected)
Interest Expense	109.0M	150.5M	146M	170.2M
Depreciation And Amortization	90.4M	79.8M	65.6M	121.7M

Interest Expense Depreciation And Amortization

MIRC Electronics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Current Deferred Revenue	Retained Earnings
Total Assets		-0.03	0.63	0.78	0.22	0.42	-0.09	0.44	0.45	0.51	-0.03	0.41	0.47	-0.53	-0.1	-0.12	0.53	0.02	-0.47	0.88	0.9	0.28	-0.55	-0.1	-0.26	0.53
Short Long Term Debt Total	-0.03		-0.1	0.25	-0.67	0.45	0.99	-0.47	0.32	0.39	-0.4	0.3	0.27	-0.55	-0.31	0.06	-0.39	0.14	-0.54	0.3	-0.23	0.86	-0.43	0.31	-0.31	0.07
Other Current Liab	0.63	-0.1		0.5	0.12	0.6	-0.21	-0.1	0.75	0.73	-0.38	0.75	0.54	-0.7	-0.46	0.01	-0.08	0.01	-0.66	0.57	0.36	0.2	-0.75	0.04	-0.43	0.63
Total Current Liabilities	0.78	0.25	0.5		-0.32	0.22	0.19	0.48	0.5	0.3	-0.08	0.46	0.59	-0.5	-0.13	-0.47	0.42	0.11	-0.42	0.93	0.75	0.58	-0.46	-0.4	-0.35	0.1
Total Stockholder Equity	0.22	-0.67	0.12	-0.32		0.04	-0.66	0.11	-0.21	0.06	0.23	-0.21	-0.45	0.18	0.17	0.15	0.37	0.03	0.21	-0.27	0.23	-0.64	0.1	0.06	0.28	0.47
Property Plant And Equipment Net	0.42	0.45	0.6	0.22	0.04		0.37	-0.52	0.68	0.95	-0.55	0.67	0.37	-0.92	-0.59	0.51	-0.29	-0.01	-0.82	0.39	0.0	0.5	-0.93	0.65	-0.46	0.75
Net Debt	-0.09	0.99	-0.21	0.19	-0.66	0.37		-0.45	0.18	0.31	-0.35	0.17	0.21	-0.46	-0.24	0.06	-0.35	0.11	-0.46	0.23	-0.27	0.81	-0.33	0.3	-0.25	0.01
Accounts Payable	0.44	-0.47	-0.1	0.48	0.11	-0.52	-0.45		-0.26	-0.49	0.54	-0.3	0.08	0.4	0.5	-0.4	0.82	-0.07	0.46	0.39	0.77	-0.25	0.38	-0.58	0.14	-0.4
Cash	0.45	0.32	0.75	0.5	-0.21	0.68	0.18	-0.26		0.67	-0.47	0.98	0.53	-0.83	-0.58	0.02	-0.38	0.25	-0.68	0.55	0.18	0.57	-0.81	0.14	-0.54	0.44
Non Current Assets Total	0.51	0.39	0.73	0.3	0.06	0.95	0.31	-0.49	0.67		-0.52	0.68	0.44	-0.92	-0.62	0.37	-0.26	-0.03	-0.87	0.47	0.07	0.49	-0.95	0.51	-0.5	0.81
Non Currrent Assets Other	-0.03	-0.4	-0.38	-0.08	0.23	-0.55	-0.35	0.54	-0.47	-0.52		-0.47	-0.06	0.51	0.51	-0.24	0.35	-0.35	0.54	-0.14	0.23	-0.3	0.5	-0.42	0.1	-0.35
Cash And Short Term Investments	0.41	0.3	0.75	0.46	-0.21	0.67	0.17	-0.3	0.98	0.68	-0.47		0.5	-0.82	-0.62	0.03	-0.4	0.22	-0.74	0.51	0.13	0.56	-0.81	0.15	-0.54	0.49
Net Receivables	0.47	0.27	0.54	0.59	-0.45	0.37	0.21	0.08	0.53	0.44	-0.06	0.5		-0.52	-0.22	0.09	-0.11	-0.39	-0.51	0.68	0.31	0.5	-0.56	0.05	-0.6	0.12
Common Stock Shares Outstanding	-0.53	-0.55	-0.7	-0.5	0.18	-0.92	-0.46	0.4	-0.83	-0.92	0.51	-0.82	-0.52		0.65	-0.19	0.28	-0.06	0.9	-0.61	-0.14	-0.72	0.96	-0.37	0.53	-0.67
Short Term Investments	-0.1	-0.31	-0.46	-0.13	0.17	-0.59	-0.24	0.5	-0.58	-0.62	0.51	-0.62	-0.22	0.65		-0.09	0.51	-0.18	0.64	-0.18	0.21	-0.45	0.59	-0.22	0.23	-0.45
Non Current Liabilities Total	-0.12	0.06	0.01	-0.47	0.15	0.51	0.06	-0.4	0.02	0.37	-0.24	0.03	0.09	-0.19	-0.09		-0.28	-0.37	-0.17	-0.2	-0.33	-0.18	-0.3	0.94	-0.2	0.29
Inventory	0.53	-0.39	-0.08	0.42	0.37	-0.29	-0.35	0.82	-0.38	-0.26	0.35	-0.4	-0.11	0.28	0.51	-0.28		-0.1	0.29	0.34	0.75	-0.26	0.24	-0.4	0.27	-0.06
Other Current Assets	0.02	0.14	0.01	0.11	0.03	-0.01	0.11	-0.07	0.25	-0.03	-0.35	0.22	-0.39	-0.06	-0.18	-0.37	-0.1		-0.03	0.01	0.04	0.21	-0.01	-0.21	-0.04	0.01
Other Stockholder Equity	-0.47	-0.54	-0.66	-0.42	0.21	-0.82	-0.46	0.46	-0.68	-0.87	0.54	-0.74	-0.51	0.9	0.64	-0.17	0.29	-0.03		-0.56	-0.09	-0.7	0.86	-0.34	0.42	-0.75
Total Liab	0.88	0.3	0.57	0.93	-0.27	0.39	0.23	0.39	0.55	0.47	-0.14	0.51	0.68	-0.61	-0.18	-0.2	0.34	0.01	-0.56		0.77	0.59	-0.59	-0.13	-0.39	0.29
Total Current Assets	0.9	-0.23	0.36	0.75	0.23	0.0	-0.27	0.77	0.18	0.07	0.23	0.13	0.31	-0.14	0.21	-0.33	0.75	0.04	-0.09	0.77		0.07	-0.14	-0.38	-0.04	0.2
Short Term Debt	0.28	0.86	0.2	0.58	-0.64	0.5	0.81	-0.25	0.57	0.49	-0.3	0.56	0.5	-0.72	-0.45	-0.18	-0.26	0.21	-0.7	0.59	0.07		-0.6	0.03	-0.43	0.18
Common Stock	-0.55	-0.43	-0.75	-0.46	0.1	-0.93	-0.33	0.38	-0.81	-0.95	0.5	-0.81	-0.56	0.96	0.59	-0.3	0.24	-0.01	0.86	-0.59	-0.14	-0.6		-0.43	0.58	-0.68
Intangible Assets	-0.1	0.31	0.04	-0.4	0.06	0.65	0.3	-0.58	0.14	0.51	-0.42	0.15	0.05	-0.37	-0.22	0.94	-0.4	-0.21	-0.34	-0.13	-0.38	0.03	-0.43		-0.23	0.4
Current Deferred Revenue	-0.26	-0.31	-0.43	-0.35	0.28	-0.46	-0.25	0.14	-0.54	-0.5	0.1	-0.54	-0.6	0.53	0.23	-0.2	0.27	-0.04	0.42	-0.39	-0.04	-0.43	0.58	-0.23		-0.11
Retained Earnings	0.53	0.07	0.63	0.1	0.47	0.75	0.01	-0.4	0.44	0.81	-0.35	0.49	0.12	-0.67	-0.45	0.29	-0.06	0.01	-0.75	0.29	0.2	0.18	-0.68	0.4	-0.11

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MIRC Electronics Account Relationship Matchups

MIRC Electronics fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.7B	7.0B	5.3B	5.7B	5.3B	5.1B
Short Long Term Debt Total	853.5M	683.3M	817.4M	1.0B	1.0B	1.1B
Other Current Liab	393K	795K	107.4M	264.2M	277.6M	263.7M
Total Current Liabilities	4.2B	4.8B	3.2B	4.2B	3.8B	4.1B
Total Stockholder Equity	2.2B	2.0B	1.9B	1.3B	1.3B	1.6B
Property Plant And Equipment Net	915.3M	923.4M	872.3M	780.4M	720.1M	1.2B
Net Debt	772.2M	626.9M	778.7M	988.0M	785.2M	936.9M
Accounts Payable	3.2B	3.8B	2.1B	3.0B	2.6B	2.5B
Cash	81.3M	56.4M	38.7M	51.1M	232.1M	150.1M
Non Current Assets Total	1.2B	1.3B	1.4B	1.3B	1.1B	1.4B
Non Currrent Assets Other	606.1M	266.3M	417.2M	539.0M	388.6M	260.2M
Cash And Short Term Investments	81.3M	56.4M	124.6M	51.1M	232.1M	158.9M
Net Receivables	1.3B	1.1B	895.7M	1.6B	1.7B	1.2B
Liabilities And Stockholders Equity	6.7B	7.0B	5.3B	5.7B	5.3B	5.1B
Non Current Liabilities Total	187.9M	228.2M	203.7M	234.7M	233.8M	222.1M
Inventory	3.5B	4.2B	2.7B	2.5B	1.9B	2.9B
Other Current Assets	519.2M	358.3M	126.3M	182.1M	294.7M	380.9M
Total Liab	4.4B	5.0B	3.4B	4.4B	4.0B	3.5B
Total Current Assets	5.4B	5.7B	3.9B	4.4B	4.2B	3.7B
Accumulated Other Comprehensive Income	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B
Short Term Debt	769.5M	533.3M	688.9M	882.9M	875.1M	955.5M
Intangible Assets	2.4M	2.0M	1.5M	965K	500K	475K
Current Deferred Revenue	223.7M	414.8M	240.7M	42.5M	48.9M	46.5M
Retained Earnings	(267.4M)	(468.1M)	116.5M	(1.2B)	(1.3B)	(1.2B)
Other Liab	55.5M	103.9M	78.2M	75.2M	86.5M	56.5M
Net Tangible Assets	2.2B	2.2B	2.0B	1.9B	2.2B	2.0B
Other Assets	300.2M	387.5M	417.2M	(90.0K)	340.5M	264.3M
Long Term Debt	84M	146.2M	116.6M	155.7M	140.1M	104.9M
Short Long Term Debt	692.2M	530.8M	677M	871.5M	873.6M	646.1M
Property Plant Equipment	915.3M	923.4M	872.5M	780.4M	720.1M	844.3M
Long Term Debt Total	84.0M	150M	128.5M	156.2M	142.2M	123.4M
Deferred Long Term Liab	14.4M	3.7M	69K	12K	10.8K	10.3K
Net Invested Capital	3.0B	2.7B	2.7B	2.3B	2.3B	2.2B
Net Working Capital	1.2B	934.2M	691.4M	183.4M	365.5M	644.1M
Property Plant And Equipment Gross	3.4B	3.5B	872.3M	780.5M	720.1M	684.1M

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Other Information on Investing in MIRC Stock

Balance Sheet is a snapshot of the financial position of MIRC Electronics at a specified time, usually calculated after every quarter, six months, or one year. MIRC Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MIRC Electronics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MIRC currently owns. An asset can also be divided into two categories, current and non-current.

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MIRC Total Liab vs Total Stockholder Equity Analysis

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Liab

Total Stockholder Equity

MIRC Electronics fundamental ratios Correlations

MIRC Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MIRC Electronics fundamental ratios Accounts

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Other Information on Investing in MIRC Stock

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COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Common Stock	+ 0.96	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.95	Property Plant And Equipment Net
Intangible Assets	+ 0.94	Non Current Liabilities Total
Total Liab	+ 0.93	Total Current Liabilities

Common Stock	- 0.95	Non Current Assets Total
Common Stock	- 0.93	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.92	Non Current Assets Total
Common Stock Shares Outstanding	- 0.92	Property Plant And Equipment Net
Other Stockholder Equity	- 0.87	Non Current Assets Total
Common Stock Shares Outstanding	- 0.83	Cash