Montrose Intangible Assets vs Common Stock Analysis

MEG Stock

USD 43.26 0.15 0.35%

Montrose Environmental financial indicator trend analysis is infinitely more than just investigating Montrose Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montrose Environmental is a good investment. Please check the relationship between Montrose Environmental Intangible Assets and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montrose Environmental Intangible Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Montrose Environmental's Intangible Assets and Common Stock is 0.75. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Montrose Environmental Grp, assuming nothing else is changed. The correlation between historical values of Montrose Environmental's Intangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Montrose Environmental Grp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Intangible Assets i.e., Montrose Environmental's Intangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock

Most indicators from Montrose Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montrose Environmental 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 Montrose Environmental Grp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Montrose Environmental's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Gross Profit	177.4M	192.5M	240.3M	279.7M
Total Revenue	546.4M	544.4M	624.2M	424.2M

Gross Profit Total Revenue

Montrose Environmental fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Net Tangible Assets	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Long Term Debt Total	Non Current Liabilities Total
Total Assets		0.83	0.75	0.85	0.74	0.89	0.52	0.66	0.96	0.31	0.98	0.83	0.88	0.89	0.67	0.96	-0.84	0.72	0.98	0.19	0.53	0.92	0.36	0.17	0.98	0.98
Other Current Liab	0.83		0.66	0.79	0.36	0.55	0.34	0.29	0.82	0.29	0.81	0.78	0.79	0.57	0.66	0.79	-0.8	0.59	0.82	-0.09	0.36	0.78	0.56	0.45	0.81	0.79
Total Current Liabilities	0.75	0.66		0.68	0.44	0.74	0.68	0.33	0.68	0.51	0.7	0.69	0.68	0.61	0.57	0.72	-0.64	0.25	0.75	0.12	0.7	0.87	0.34	0.18	0.67	0.66
Total Stockholder Equity	0.85	0.79	0.68		0.56	0.76	0.69	0.42	0.77	0.29	0.8	0.82	0.93	0.69	0.91	0.86	-0.96	0.55	0.92	-0.06	0.69	0.85	0.71	0.38	0.82	0.82
Other Liab	0.74	0.36	0.44	0.56		0.88	0.43	0.94	0.7	0.2	0.74	0.49	0.67	0.92	0.42	0.74	-0.55	0.63	0.75	0.47	0.41	0.6	-0.03	-0.28	0.77	0.79
Accounts Payable	0.89	0.55	0.74	0.76	0.88		0.66	0.77	0.83	0.21	0.86	0.67	0.78	0.93	0.59	0.91	-0.76	0.59	0.9	0.32	0.65	0.85	0.26	-0.02	0.88	0.9
Cash	0.52	0.34	0.68	0.69	0.43	0.66		0.31	0.42	0.05	0.46	0.47	0.53	0.42	0.6	0.57	-0.59	0.2	0.57	-0.08	1.0	0.62	0.48	0.23	0.48	0.49
Other Assets	0.66	0.29	0.33	0.42	0.94	0.77	0.31		0.71	0.08	0.72	0.53	0.5	0.86	0.38	0.59	-0.43	0.74	0.65	0.69	0.31	0.42	-0.25	-0.41	0.72	0.74
Long Term Debt	0.96	0.82	0.68	0.77	0.7	0.83	0.42	0.71		0.21	0.99	0.89	0.78	0.88	0.67	0.87	-0.79	0.84	0.94	0.36	0.45	0.81	0.23	0.11	0.98	0.97
Other Current Assets	0.31	0.29	0.51	0.29	0.2	0.21	0.05	0.08	0.21		0.23	0.32	0.5	0.29	0.28	0.22	-0.18	-0.13	0.31	0.08	0.07	0.42	0.03	-0.1	0.17	0.18
Total Liab	0.98	0.81	0.7	0.8	0.74	0.86	0.46	0.72	0.99	0.23		0.88	0.81	0.89	0.68	0.9	-0.82	0.8	0.96	0.35	0.49	0.84	0.27	0.08	0.99	0.99
Intangible Assets	0.83	0.78	0.69	0.82	0.49	0.67	0.47	0.53	0.89	0.32	0.88		0.75	0.68	0.87	0.7	-0.82	0.68	0.87	0.38	0.52	0.7	0.32	0.08	0.83	0.82
Common Stock	0.88	0.79	0.68	0.93	0.67	0.78	0.53	0.5	0.78	0.5	0.81	0.75		0.77	0.8	0.9	-0.9	0.5	0.93	0.0	0.53	0.88	0.59	0.23	0.83	0.85
Property Plant Equipment	0.89	0.57	0.61	0.69	0.92	0.93	0.42	0.86	0.88	0.29	0.89	0.68	0.77		0.54	0.86	-0.67	0.76	0.88	0.42	0.42	0.77	0.08	-0.05	0.91	0.91
Short Term Investments	0.67	0.66	0.57	0.91	0.42	0.59	0.6	0.38	0.67	0.28	0.68	0.87	0.8	0.54		0.63	-0.89	0.51	0.79	0.14	0.62	0.62	0.59	0.22	0.67	0.67
Good Will	0.96	0.79	0.72	0.86	0.74	0.91	0.57	0.59	0.87	0.22	0.9	0.7	0.9	0.86	0.63		-0.87	0.61	0.95	0.02	0.56	0.94	0.52	0.26	0.94	0.95
Net Tangible Assets	-0.84	-0.8	-0.64	-0.96	-0.55	-0.76	-0.59	-0.43	-0.79	-0.18	-0.82	-0.82	-0.9	-0.67	-0.89	-0.87		-0.55	-0.92	-0.02	-0.58	-0.81	-0.71	-0.3	-0.84	-0.85
Retained Earnings	0.72	0.59	0.25	0.55	0.63	0.59	0.2	0.74	0.84	-0.13	0.8	0.68	0.5	0.76	0.51	0.61	-0.55		0.7	0.41	0.22	0.44	0.02	0.11	0.82	0.79
Non Current Assets Total	0.98	0.82	0.75	0.92	0.75	0.9	0.57	0.65	0.94	0.31	0.96	0.87	0.93	0.88	0.79	0.95	-0.92	0.7		0.2	0.58	0.91	0.45	0.17	0.97	0.97
Non Currrent Assets Other	0.19	-0.09	0.12	-0.06	0.47	0.32	-0.08	0.69	0.36	0.08	0.35	0.38	0.0	0.42	0.14	0.02	-0.02	0.41	0.2		-0.04	-0.05	-0.64	-0.75	0.27	0.28
Cash And Short Term Investments	0.53	0.36	0.7	0.69	0.41	0.65	1.0	0.31	0.45	0.07	0.49	0.52	0.53	0.42	0.62	0.56	-0.58	0.22	0.58	-0.04		0.63	0.45	0.21	0.49	0.5
Net Receivables	0.92	0.78	0.87	0.85	0.6	0.85	0.62	0.42	0.81	0.42	0.84	0.7	0.88	0.77	0.62	0.94	-0.81	0.44	0.91	-0.05	0.63		0.54	0.34	0.85	0.86
Common Stock Total Equity	0.36	0.56	0.34	0.71	-0.03	0.26	0.48	-0.25	0.23	0.03	0.27	0.32	0.59	0.08	0.59	0.52	-0.71	0.02	0.45	-0.64	0.45	0.54		0.71	0.33	0.33
Retained Earnings Total Equity	0.17	0.45	0.18	0.38	-0.28	-0.02	0.23	-0.41	0.11	-0.1	0.08	0.08	0.23	-0.05	0.22	0.26	-0.3	0.11	0.17	-0.75	0.21	0.34	0.71		0.16	0.11
Long Term Debt Total	0.98	0.81	0.67	0.82	0.77	0.88	0.48	0.72	0.98	0.17	0.99	0.83	0.83	0.91	0.67	0.94	-0.84	0.82	0.97	0.27	0.49	0.85	0.33	0.16		1.0
Non Current Liabilities Total	0.98	0.79	0.66	0.82	0.79	0.9	0.49	0.74	0.97	0.18	0.99	0.82	0.85	0.91	0.67	0.95	-0.85	0.79	0.97	0.28	0.5	0.86	0.33	0.11	1.0

Click cells to compare fundamentals

Montrose Environmental Account Relationship Matchups

Montrose Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	331.8M	602.7M	833.1M	791.9M	816.8M	1.4B
Other Current Liab	47.8M	65.2M	29.5M	5.8M	59.0M	44.5M
Total Current Liabilities	73.3M	111.5M	147.7M	111.4M	126.3M	117.2M
Total Stockholder Equity	102.5M	290.1M	469.4M	466.1M	474.2M	635.2M
Other Liab	11.0M	30.8M	31.5M	35.9M	41.3M	73.1M
Accounts Payable	15.0M	34.6M	68.9M	63.4M	31.1M	50.0M
Cash	6.4M	34.4M	146.3M	89.8M	23.2M	22.1M
Other Assets	2.0M	4.5M	2.3M	6.1M	(1K)	(950.0)
Long Term Debt	145.0M	170.3M	161.8M	152.5M	149.0M	141.5M
Other Current Assets	3.6M	4.7M	6.0M	10.3M	65.3M	68.6M
Total Liab	229.3M	312.7M	363.7M	325.8M	342.6M	325.5M
Intangible Assets	102.5M	154.9M	161.0M	142.1M	140.8M	133.8M
Property Plant Equipment	27.0M	34.4M	64.0M	71.9M	82.7M	161.1M
Good Will	127.1M	274.7M	311.9M	323.9M	364.4M	385.6M
Net Tangible Assets	(255.9M)	(292.4M)	(156.4M)	(152.8M)	(175.7M)	(184.5M)
Retained Earnings	(64.4M)	(122.4M)	(147.7M)	(179.5M)	(210.4M)	(199.8M)
Non Current Assets Total	258.6M	468.5M	539.2M	544.0M	615.9M	910.8M
Non Currrent Assets Other	2.0M	4.5M	2.3M	(18.1M)	(29.7M)	(28.3M)
Cash And Short Term Investments	6.4M	34.4M	146.3M	89.8M	23.2M	22.1M
Net Receivables	60.7M	92.7M	139.2M	147.8M	164.0M	154.6M
Long Term Debt Total	145.0M	170.3M	167.6M	159.0M	143.1M	135.9M
Liabilities And Stockholders Equity	331.8M	602.7M	833.1M	791.9M	816.8M	1.2B
Non Current Liabilities Total	156.1M	201.1M	216.0M	214.4M	216.3M	205.5M
Capital Surpluse	38.2M	259.4M	464.1M	492.7M	566.6M	594.9M
Inventory	2.4M	2.5M	2.4M	3.6M	3.8M	2.3M
Other Stockholder Equity	38.2M	259.4M	464.1M	492.7M	(285.0M)	(270.7M)
Total Current Assets	73.2M	134.3M	293.9M	247.9M	200.9M	234.8M
Non Current Liabilities Other	379K	7.1M	4.5M	4.5M	9.0M	8.6M
Accumulated Other Comprehensive Income	(40K)	71K	36K	8K	(223K)	(234.2K)
Short Term Debt	7.1M	5.6M	21.3M	23.7M	28.1M	14.3M
Short Long Term Debt Total	152.2M	175.9M	205.8M	202.1M	210.3M	186.9M
Property Plant And Equipment Net	27.0M	34.4M	64.0M	71.9M	102.3M	58.8M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental'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 Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:

How To Invest In Montrose

Details

Is Montrose Stock a good investment?

Details

What is Montrose Environmental's Net Worth?

Details

Largest Environmental & Facilities Services Companies

View

Largest Commercial & Professional Services Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Note that the Montrose Environmental information on this page should be used as a complementary analysis to other Montrose Environmental's 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Montrose Stock analysis

When running Montrose Environmental's price analysis, check to measure Montrose Environmental'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 Montrose Environmental is operating at the current time. Most of Montrose Environmental's value examination focuses on studying past and present price action to predict the probability of Montrose Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montrose Environmental's price. Additionally, you may evaluate how the addition of Montrose Environmental to your portfolios can decrease your overall portfolio volatility.

	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Stocks Directory Find actively traded stocks across global markets
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk

Is Montrose Environmental'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 Montrose Environmental. If investors know Montrose 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 Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.57)

Revenue Per Share

20.767

Quarterly Revenue Growth

0.188

Return On Assets

(0.02)

Return On Equity

(0.07)

The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental'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 Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental'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 Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Montrose Intangible Assets vs Common Stock Analysis

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

Correlation Coefficient

Intangible Assets

Common Stock

Montrose Environmental fundamental ratios Correlations

Montrose Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Montrose Environmental fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Montrose Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt Total
Total Liab	+ 0.99	Long Term Debt
Long Term Debt Total	+ 0.99	Total Liab
Non Current Liabilities Total	+ 0.99	Total Liab
Total Liab	+ 0.98	Total Assets

Net Tangible Assets	- 0.96	Total Stockholder Equity
Non Current Assets Total	- 0.92	Net Tangible Assets
Net Tangible Assets	- 0.9	Common Stock
Net Tangible Assets	- 0.89	Short Term Investments
Net Tangible Assets	- 0.87	Good Will
Non Current Liabilities Total	- 0.85	Net Tangible Assets