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Mistras Group MG Increase Decrease In Accrued Income Taxes Payable

Increase Decrease In Accrued Income Taxes Payable at other companies

Matthews International logo
Matthews InternationalMATW
-$1.85M-53.2%
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TranscatTRNS

Other financials

Income statement

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Revenue$169.0M+4.6%
Gross profit$50.2M+8.4%
Operating income$4.7M+563%
Net income$2.4M+175%
EPS (diluted)$0.07+170%

Balance sheet

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Cash & equivalents$25.0M+34.8%
Total debt$216.7M+5.8%
Total equity$233.2M+17.4%
Total assets$572.7M+8.7%

Cash flow

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Operating cash flow$2.8M-50.2%
CapEx$6.0M+31.0%
Free cash flow-$3.2M-390%

Valuation

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Market cap$597.52M+153%
Enterprise value$789.23M+86.6%
P/E26.7×+10.7×
P/S0.8×+0.5×

Profitability

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Gross margin31.5%+1.8pp
Operating margin6.3%+1.6pp
Net margin3.1%+1.0pp
FCF margin0.6%-4.8pp

Returns & leverage

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Return on equity10.4%+2.7pp
Debt / equity0.9×-0.1×
Current ratio1.8×+0.3×

Where this comes from

Reported directly by Mistras Group in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: Mistras Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mistras Group's increase decrease in accrued income taxes payable?
Mistras Group (MG) reported increase decrease in accrued income taxes payable of -$981K in Q1 2026.
How has Mistras Group's increase decrease in accrued income taxes payable changed year-over-year?
Mistras Group's increase decrease in accrued income taxes payable increased by 13.0% year-over-year, from -$1.13M to -$981K.
What does increase decrease in accrued income taxes payable mean?
Represents the net change in the company's liability for income taxes owed to various tax jurisdictions. This reflects the timing difference between the recognition of tax expense and the actual cash payment to tax authorities. It is a critical indicator of the company's tax-related cash flow obligations.