Mainstreet Common Stock Shares Outstanding vs Inventory Analysis

MEQ Stock  CAD 168.81  0.69  0.41%   
Mainstreet Equity financial indicator trend analysis is infinitely more than just investigating Mainstreet Equity Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mainstreet Equity Corp is a good investment. Please check the relationship between Mainstreet Equity Common Stock Shares Outstanding and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstreet Equity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Inventory

Common Stock Shares Outstanding vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainstreet Equity Corp Common Stock Shares Outstanding account and Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Mainstreet Equity's Common Stock Shares Outstanding and Inventory is 0.03. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of Mainstreet Equity Corp, assuming nothing else is changed. The correlation between historical values of Mainstreet Equity's Common Stock Shares Outstanding and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Mainstreet Equity Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., Mainstreet Equity's Common Stock Shares Outstanding and Inventory go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Inventory

Most indicators from Mainstreet Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mainstreet Equity Corp 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 Mainstreet Equity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Mainstreet Equity's Selling General Administrative is very stable compared to the past year. As of the 29th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Discontinued Operations is likely to drop (185.2 K).
 2021 2022 2023 2024 (projected)
Gross Profit109.7M131.3M151.0M158.6M
Total Revenue180.6M210.0M241.5M253.6M

Mainstreet Equity fundamental ratios Correlations

0.641.01.00.861.0-0.15-0.071.00.610.8-0.171.0-0.450.91.00.851.00.80.730.990.44-0.5-0.50.86-0.43
0.640.640.640.530.620.00.370.640.230.670.340.65-0.510.740.640.430.580.530.720.610.88-0.03-0.030.4-0.12
1.00.640.990.831.0-0.12-0.121.00.590.76-0.180.99-0.470.91.00.831.00.810.711.00.45-0.5-0.50.87-0.45
1.00.640.990.880.99-0.18-0.040.990.630.81-0.171.0-0.440.891.00.860.990.790.730.980.43-0.49-0.490.86-0.41
0.860.530.830.880.82-0.360.00.860.710.91-0.130.87-0.130.750.860.950.860.530.590.820.2-0.56-0.570.69-0.16
1.00.621.00.990.82-0.11-0.111.00.590.75-0.190.99-0.480.91.00.830.990.830.711.00.45-0.47-0.480.88-0.47
-0.150.0-0.12-0.18-0.36-0.110.01-0.14-0.4-0.34-0.03-0.17-0.310.05-0.15-0.31-0.150.070.03-0.110.2-0.01-0.01-0.2-0.32
-0.070.37-0.12-0.040.0-0.110.01-0.1-0.410.160.39-0.03-0.360.13-0.08-0.16-0.15-0.140.51-0.160.20.170.17-0.350.03
1.00.641.00.990.861.0-0.14-0.10.610.79-0.170.99-0.450.91.00.851.00.80.721.00.44-0.51-0.510.86-0.43
0.610.230.590.630.710.59-0.4-0.410.610.63-0.260.620.340.360.610.720.630.350.060.610.06-0.36-0.360.630.19
0.80.670.760.810.910.75-0.340.160.790.630.270.81-0.230.690.780.850.770.480.650.750.32-0.39-0.40.550.1
-0.170.34-0.18-0.17-0.13-0.19-0.030.39-0.17-0.260.27-0.17-0.24-0.11-0.19-0.16-0.22-0.150.18-0.190.260.370.37-0.350.58
1.00.650.991.00.870.99-0.17-0.030.990.620.81-0.17-0.450.91.00.850.990.80.740.980.43-0.48-0.490.86-0.42
-0.45-0.51-0.47-0.44-0.13-0.48-0.31-0.36-0.450.34-0.23-0.24-0.45-0.62-0.45-0.14-0.42-0.64-0.72-0.45-0.52-0.1-0.1-0.310.62
0.90.740.90.890.750.90.050.130.90.360.69-0.110.9-0.620.90.720.880.770.810.890.59-0.34-0.350.7-0.55
1.00.641.01.00.861.0-0.15-0.081.00.610.78-0.191.0-0.450.90.851.00.80.720.990.44-0.5-0.510.87-0.44
0.850.430.830.860.950.83-0.31-0.160.850.720.85-0.160.85-0.140.720.850.860.570.510.840.16-0.5-0.510.73-0.19
1.00.581.00.990.860.99-0.15-0.151.00.630.77-0.220.99-0.420.881.00.860.790.691.00.37-0.54-0.550.87-0.44
0.80.530.810.790.530.830.07-0.140.80.350.48-0.150.8-0.640.770.80.570.790.670.810.59-0.1-0.110.9-0.59
0.730.720.710.730.590.710.030.510.720.060.650.180.74-0.720.810.720.510.690.670.680.53-0.3-0.30.52-0.42
0.990.611.00.980.821.0-0.11-0.161.00.610.75-0.190.98-0.450.890.990.841.00.810.680.44-0.49-0.50.88-0.45
0.440.880.450.430.20.450.20.20.440.060.320.260.43-0.520.590.440.160.370.590.530.440.280.280.38-0.22
-0.5-0.03-0.5-0.49-0.56-0.47-0.010.17-0.51-0.36-0.390.37-0.48-0.1-0.34-0.5-0.5-0.54-0.1-0.3-0.490.281.0-0.330.21
-0.5-0.03-0.5-0.49-0.57-0.48-0.010.17-0.51-0.36-0.40.37-0.49-0.1-0.35-0.51-0.51-0.55-0.11-0.3-0.50.281.0-0.340.21
0.860.40.870.860.690.88-0.2-0.350.860.630.55-0.350.86-0.310.70.870.730.870.90.520.880.38-0.33-0.34-0.47
-0.43-0.12-0.45-0.41-0.16-0.47-0.320.03-0.430.190.10.58-0.420.62-0.55-0.44-0.19-0.44-0.59-0.42-0.45-0.220.210.21-0.47
Click cells to compare fundamentals

Mainstreet Equity Account Relationship Matchups

Mainstreet Equity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.7B2.9B3.2B3.6B3.8B
Total Current Liabilities111.3M96.6M128.1M164.9M189.7M199.2M
Net Debt1.1B1.3B1.4B1.5B1.7B1.8B
Retained Earnings840.6M1.1B1.2B1.3B1.5B1.6B
Cash38.5M19.2M44.6M81.8M94.0M98.7M
Non Currrent Assets Other2.0B2.2B2.6B2.8B3.2B3.4B
Net Receivables1.4M1.2M1.5M406K466.9K443.6K
Common Stock Shares Outstanding9.4M9.3M9.3M9.3M10.7M11.1M
Liabilities And Stockholders Equity2.1B2.2B2.7B2.9B3.3B3.5B
Total Liab1.4B1.6B1.7B1.8B2.1B2.2B
Property Plant And Equipment Gross6.6M11.5M12.6M12.8M11.5M10.9M
Total Current Assets46.1M50.5M67.2M105.4M121.2M127.2M
Other Current Liab5.7M6.7M7.4M7.0M8.1M5.9M
Total Stockholder Equity867.1M1.1B1.2B1.3B1.5B1.6B
Property Plant And Equipment Net6.6M6.8M7.3M7.0M6.3M6.0M
Accounts Payable8.4M7.5M8.3M9.4M10.8M11.3M
Non Current Assets Total2.2B2.6B2.8B3.1B3.5B3.7B
Cash And Short Term Investments70K38.5M19.2M44.6M51.2M53.8M
Non Current Liabilities Total1.3B1.5B1.6B1.7B1.9B2.0B
Other Current Assets5.4M5.2M5.8M6.7M7.7M4.3M
Short Long Term Debt Total1.1B1.2B1.4B1.4B1.6B1.7B
Short Term Debt177.5M97.1M82.4M112.4M129.2M86.0M
Common Stock26.6M26.5M26.5M26.4M23.8M21.2M
Current Deferred Revenue6.0M5.7M6.7M7.4M8.5M5.7M
Inventory994K24.2M14.4M13.8M12.4M9.9M
Other Liab165.9M177.6M210.9M233.6M268.6M174.2M
Net Tangible Assets799.2M865.7M1.1B1.2B1.4B875.4M
Long Term Debt1.1B1.3B1.3B1.4B1.6B1.0B
Short Long Term Debt97.1M82.4M112.4M147.0M169.1M96.8M
Property Plant Equipment2.0B2.2B2.6B2.8B3.2B1.9B
Intangible Assets1.1M1.4M1.2M1.0M1.2M848.4K
Long Term Debt Total898.6M1.1B1.3B1.3B1.5B1.1B
Net Invested Capital2.0B2.4B2.6B2.9B3.3B2.4B
Net Working Capital(65.1M)(46.1M)(60.9M)(59.6M)(53.6M)(56.3M)
Capital Stock26.5M26.5M26.4M26.4M30.4M28.7M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstreet Equity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Mainstreet Equity's price analysis, check to measure Mainstreet Equity'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 Mainstreet Equity is operating at the current time. Most of Mainstreet Equity's value examination focuses on studying past and present price action to predict the probability of Mainstreet Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainstreet Equity's price. Additionally, you may evaluate how the addition of Mainstreet Equity to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mainstreet Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainstreet Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstreet Equity'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.