Montrose Long Term Debt Total vs Cash Analysis
MEG Stock | USD 43.42 0.16 0.37% |
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 Long Term Debt Total and its Cash 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.
Long Term Debt Total vs Cash
Long Term Debt Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montrose Environmental Long Term Debt Total account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Montrose Environmental's Long Term Debt Total and Cash is 0.48. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Cash 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 Long Term Debt Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Montrose Environmental Grp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt Total i.e., Montrose Environmental's Long Term Debt Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt Total
Cash
Cash refers to the most liquid asset of Montrose Environmental, which is listed under current asset account on Montrose Environmental Grp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Montrose Environmental customers. The amounts must be unrestricted with restricted cash listed in a different Montrose Environmental account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 |
Montrose Environmental fundamental ratios Correlations
Click cells to compare fundamentals
Montrose Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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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.
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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.