Mainstreet Current Deferred Revenue vs Non Current Assets Total 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 Current Deferred Revenue and its Non Current Assets Total 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.

Current Deferred Revenue vs Non Current Assets Total

Current Deferred Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainstreet Equity Corp Current Deferred Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mainstreet Equity's Current Deferred Revenue and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Assets Total 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 Current Deferred Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Mainstreet Equity Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Current Deferred Revenue i.e., Mainstreet Equity's Current Deferred Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.