Mitek Cash And Short Term Investments from 2010 to 2024

MITK Stock  USD 12.55  0.05  0.40%   
Mitek Systems Cash And Short Term Investments yearly trend continues to be quite stable with very little volatility. Cash And Short Term Investments may rise above about 109.1 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1990-09-30
Previous Quarter
133.6 M
Current Value
123.9 M
Quarterly Volatility
38.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek main balance sheet or income statement drivers, such as Depreciation And Amortization of 404.2 K, Interest Expense of 8.5 M or Total Revenue of 173.8 M, as well as many exotic indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
This module can also supplement Mitek Systems' financial leverage analysis and stock options assessment as well as various Mitek Systems Technical models . Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.

Latest Mitek Systems' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Mitek Systems over the last few years. Short Term Investments is an account in the current assets section of Mitek Systems balance sheet. This account contains Mitek Systems investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mitek Systems fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Mitek Systems' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Mitek Cash And Short Term Investments Regression Statistics

Arithmetic Mean56,838,106
Geometric Mean30,619,159
Coefficient Of Variation85.40
Mean Deviation38,928,169
Median33,873,000
Standard Deviation48,537,550
Sample Variance2355.9T
Range179.3M
R-Value0.78
Mean Square Error976.2T
R-Squared0.62
Significance0.0005
Slope8,513,043
Total Sum of Squares32982.5T

Mitek Cash And Short Term Investments History

2024109.1 M
2023103.9 M
202190.3 M
2020179.4 M
201960 M
201833.2 M
201717.5 M

About Mitek Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mitek Systems income statement, its balance sheet, and the statement of cash flows. Mitek Systems investors use historical funamental indicators, such as Mitek Systems's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Mitek Systems investors may use each financial statement separately, they are all related. The changes in Mitek Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mitek Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mitek Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mitek Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments103.9 M109.1 M

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When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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Is Mitek Systems' 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 Mitek Systems. If investors know Mitek 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 Mitek Systems 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
(0.94)
Earnings Share
(0.17)
Revenue Per Share
3.565
Quarterly Revenue Growth
0.018
Return On Assets
(0)
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' 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 Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' 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.