Montrose Payables Turnover vs Invested Capital Analysis

MEG Stock

USD 49.40 0.00 0.00%

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 Payables Turnover and its Invested Capital 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.

Payables Turnover vs Invested Capital

Payables Turnover vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montrose Environmental Payables Turnover account and Invested Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between Montrose Environmental's Payables Turnover and Invested Capital is 0.09. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Invested Capital 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 Payables Turnover and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Montrose Environmental Grp are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Payables Turnover i.e., Montrose Environmental's Payables Turnover and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Montrose Environmental Grp. There are two different methods for calculating Montrose Environmental invested capital: operating approach and financing approach. Understanding Montrose Environmental invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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

Currently Active Assets on Macroaxis

VWITX	Vanguard Intermediate Term Tax Exempt
VGSTX	Vanguard Star Fund
VFIAX	Vanguard 500 Index
VTCLX	Vanguard Tax Managed Capital
VTSAX	Vanguard Total Stock

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 Commercial & Professional Services Companies

View

Largest Industrials 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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.

	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments

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

(1.47)

Revenue Per Share

21.468

Quarterly Revenue Growth

0.182

Return On Assets

(0.01)

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 Payables Turnover vs Invested Capital Analysis

Payables Turnover vs Invested Capital

Payables Turnover vs Invested Capital Correlation Analysis

Correlation Coefficient

Payables Turnover

Invested Capital

Montrose Environmental fundamental ratios Correlations

Montrose Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Montrose Environmental fundamental ratios Accounts

Currently Active Assets on Macroaxis

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