Mainstreet Non Currrent Assets Other vs Total Current Liabilities Analysis

MEQ Stock

CAD 171.30 1.79 1.06%

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 Non Currrent Assets Other and its Total Current Liabilities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Total Current Liabilities

Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainstreet Equity Corp Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Mainstreet Equity's Non Currrent Assets Other and Total Current Liabilities is 0.62. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities 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 Non Currrent Assets Other and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Mainstreet Equity Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Mainstreet Equity's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Current Liabilities

Total Current Liabilities is an item on Mainstreet Equity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mainstreet Equity Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 closely tied 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 10th of June 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 Profit	109.7M	131.3M	151.0M	158.6M
Total Revenue	180.6M	210.0M	241.5M	253.6M

Gross Profit Total Revenue

Mainstreet Equity fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Net Debt	Retained Earnings	Cash	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Cash And Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Short Long Term Debt Total	Short Term Debt	Common Stock Total Equity	Common Stock	Current Deferred Revenue	Inventory
Total Assets		0.64	1.0	1.0	0.86	1.0	-0.15	-0.07	1.0	0.61	0.8	-0.17	1.0	-0.45	0.9	1.0	0.85	1.0	0.8	0.73	0.99	0.44	-0.5	-0.5	0.86	-0.43
Total Current Liabilities	0.64		0.64	0.64	0.53	0.62	0.0	0.37	0.64	0.23	0.67	0.34	0.65	-0.51	0.74	0.64	0.43	0.58	0.53	0.72	0.61	0.88	-0.03	-0.03	0.4	-0.12
Net Debt	1.0	0.64		0.99	0.83	1.0	-0.12	-0.12	1.0	0.59	0.76	-0.18	0.99	-0.47	0.9	1.0	0.83	1.0	0.81	0.71	1.0	0.45	-0.5	-0.5	0.87	-0.45
Retained Earnings	1.0	0.64	0.99		0.88	0.99	-0.18	-0.04	0.99	0.63	0.81	-0.17	1.0	-0.44	0.89	1.0	0.86	0.99	0.79	0.73	0.98	0.43	-0.49	-0.49	0.86	-0.41
Cash	0.86	0.53	0.83	0.88		0.82	-0.36	0.0	0.86	0.71	0.91	-0.13	0.87	-0.13	0.75	0.86	0.95	0.86	0.53	0.59	0.82	0.2	-0.56	-0.57	0.69	-0.16
Non Currrent Assets Other	1.0	0.62	1.0	0.99	0.82		-0.11	-0.11	1.0	0.59	0.75	-0.19	0.99	-0.48	0.9	1.0	0.83	0.99	0.83	0.71	1.0	0.45	-0.47	-0.48	0.88	-0.47
Net Receivables	-0.15	0.0	-0.12	-0.18	-0.36	-0.11		0.01	-0.14	-0.4	-0.34	-0.03	-0.17	-0.31	0.05	-0.15	-0.31	-0.15	0.07	0.03	-0.11	0.2	-0.01	-0.01	-0.2	-0.32
Common Stock Shares Outstanding	-0.07	0.37	-0.12	-0.04	0.0	-0.11	0.01		-0.1	-0.41	0.16	0.39	-0.03	-0.36	0.13	-0.08	-0.16	-0.15	-0.14	0.51	-0.16	0.2	0.17	0.17	-0.35	0.03
Total Liab	1.0	0.64	1.0	0.99	0.86	1.0	-0.14	-0.1		0.61	0.79	-0.17	0.99	-0.45	0.9	1.0	0.85	1.0	0.8	0.72	1.0	0.44	-0.51	-0.51	0.86	-0.43
Property Plant And Equipment Gross	0.61	0.23	0.59	0.63	0.71	0.59	-0.4	-0.41	0.61		0.63	-0.26	0.62	0.34	0.36	0.61	0.72	0.63	0.35	0.06	0.61	0.06	-0.36	-0.36	0.63	0.19
Total Current Assets	0.8	0.67	0.76	0.81	0.91	0.75	-0.34	0.16	0.79	0.63		0.27	0.81	-0.23	0.69	0.78	0.85	0.77	0.48	0.65	0.75	0.32	-0.39	-0.4	0.55	0.1
Other Current Liab	-0.17	0.34	-0.18	-0.17	-0.13	-0.19	-0.03	0.39	-0.17	-0.26	0.27		-0.17	-0.24	-0.11	-0.19	-0.16	-0.22	-0.15	0.18	-0.19	0.26	0.37	0.37	-0.35	0.58
Total Stockholder Equity	1.0	0.65	0.99	1.0	0.87	0.99	-0.17	-0.03	0.99	0.62	0.81	-0.17		-0.45	0.9	1.0	0.85	0.99	0.8	0.74	0.98	0.43	-0.48	-0.49	0.86	-0.42
Property Plant And Equipment Net	-0.45	-0.51	-0.47	-0.44	-0.13	-0.48	-0.31	-0.36	-0.45	0.34	-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	-0.31	0.62
Accounts Payable	0.9	0.74	0.9	0.89	0.75	0.9	0.05	0.13	0.9	0.36	0.69	-0.11	0.9	-0.62		0.9	0.72	0.88	0.77	0.81	0.89	0.59	-0.34	-0.35	0.7	-0.55
Non Current Assets Total	1.0	0.64	1.0	1.0	0.86	1.0	-0.15	-0.08	1.0	0.61	0.78	-0.19	1.0	-0.45	0.9		0.85	1.0	0.8	0.72	0.99	0.44	-0.5	-0.51	0.87	-0.44
Cash And Short Term Investments	0.85	0.43	0.83	0.86	0.95	0.83	-0.31	-0.16	0.85	0.72	0.85	-0.16	0.85	-0.14	0.72	0.85		0.86	0.57	0.51	0.84	0.16	-0.5	-0.51	0.73	-0.19
Non Current Liabilities Total	1.0	0.58	1.0	0.99	0.86	0.99	-0.15	-0.15	1.0	0.63	0.77	-0.22	0.99	-0.42	0.88	1.0	0.86		0.79	0.69	1.0	0.37	-0.54	-0.55	0.87	-0.44
Other Current Assets	0.8	0.53	0.81	0.79	0.53	0.83	0.07	-0.14	0.8	0.35	0.48	-0.15	0.8	-0.64	0.77	0.8	0.57	0.79		0.67	0.81	0.59	-0.1	-0.11	0.9	-0.59
Other Stockholder Equity	0.73	0.72	0.71	0.73	0.59	0.71	0.03	0.51	0.72	0.06	0.65	0.18	0.74	-0.72	0.81	0.72	0.51	0.69	0.67		0.68	0.53	-0.3	-0.3	0.52	-0.42
Short Long Term Debt Total	0.99	0.61	1.0	0.98	0.82	1.0	-0.11	-0.16	1.0	0.61	0.75	-0.19	0.98	-0.45	0.89	0.99	0.84	1.0	0.81	0.68		0.44	-0.49	-0.5	0.88	-0.45
Short Term Debt	0.44	0.88	0.45	0.43	0.2	0.45	0.2	0.2	0.44	0.06	0.32	0.26	0.43	-0.52	0.59	0.44	0.16	0.37	0.59	0.53	0.44		0.28	0.28	0.38	-0.22
Common Stock Total Equity	-0.5	-0.03	-0.5	-0.49	-0.56	-0.47	-0.01	0.17	-0.51	-0.36	-0.39	0.37	-0.48	-0.1	-0.34	-0.5	-0.5	-0.54	-0.1	-0.3	-0.49	0.28		1.0	-0.33	0.21
Common Stock	-0.5	-0.03	-0.5	-0.49	-0.57	-0.48	-0.01	0.17	-0.51	-0.36	-0.4	0.37	-0.49	-0.1	-0.35	-0.51	-0.51	-0.55	-0.11	-0.3	-0.5	0.28	1.0		-0.34	0.21
Current Deferred Revenue	0.86	0.4	0.87	0.86	0.69	0.88	-0.2	-0.35	0.86	0.63	0.55	-0.35	0.86	-0.31	0.7	0.87	0.73	0.87	0.9	0.52	0.88	0.38	-0.33	-0.34		-0.47
Inventory	-0.43	-0.12	-0.45	-0.41	-0.16	-0.47	-0.32	0.03	-0.43	0.19	0.1	0.58	-0.42	0.62	-0.55	-0.44	-0.19	-0.44	-0.59	-0.42	-0.45	-0.22	0.21	0.21	-0.47

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Mainstreet Equity Account Relationship Matchups

Mainstreet Equity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2B	2.7B	2.9B	3.2B	3.6B	3.8B
Total Current Liabilities	111.3M	96.6M	128.1M	164.9M	189.7M	199.2M
Net Debt	1.1B	1.3B	1.4B	1.5B	1.7B	1.8B
Retained Earnings	840.6M	1.1B	1.2B	1.3B	1.5B	1.6B
Cash	38.5M	19.2M	44.6M	81.8M	94.0M	98.7M
Non Currrent Assets Other	2.0B	2.2B	2.6B	2.8B	3.2B	3.4B
Net Receivables	1.4M	1.2M	1.5M	406K	466.9K	443.6K
Common Stock Shares Outstanding	9.4M	9.3M	9.3M	9.3M	10.7M	11.1M
Liabilities And Stockholders Equity	2.1B	2.2B	2.7B	2.9B	3.3B	3.5B
Total Liab	1.4B	1.6B	1.7B	1.8B	2.1B	2.2B
Property Plant And Equipment Gross	6.6M	11.5M	12.6M	12.8M	11.5M	10.9M
Total Current Assets	46.1M	50.5M	67.2M	105.4M	121.2M	127.2M
Other Current Liab	5.7M	6.7M	7.4M	7.0M	8.1M	5.9M
Total Stockholder Equity	867.1M	1.1B	1.2B	1.3B	1.5B	1.6B
Property Plant And Equipment Net	6.6M	6.8M	7.3M	7.0M	6.3M	6.0M
Accounts Payable	8.4M	7.5M	8.3M	9.4M	10.8M	11.3M
Non Current Assets Total	2.2B	2.6B	2.8B	3.1B	3.5B	3.7B
Cash And Short Term Investments	70K	38.5M	19.2M	44.6M	51.2M	53.8M
Non Current Liabilities Total	1.3B	1.5B	1.6B	1.7B	1.9B	2.0B
Other Current Assets	5.4M	5.2M	5.8M	6.7M	7.7M	4.3M
Short Long Term Debt Total	1.1B	1.2B	1.4B	1.4B	1.6B	1.7B
Short Term Debt	177.5M	97.1M	82.4M	112.4M	129.2M	86.0M
Common Stock	26.6M	26.5M	26.5M	26.4M	23.8M	21.2M
Current Deferred Revenue	6.0M	5.7M	6.7M	7.4M	8.5M	5.7M
Inventory	994K	24.2M	14.4M	13.8M	12.4M	9.9M
Other Liab	165.9M	177.6M	210.9M	233.6M	268.6M	174.2M
Net Tangible Assets	799.2M	865.7M	1.1B	1.2B	1.4B	875.4M
Long Term Debt	1.1B	1.3B	1.3B	1.4B	1.6B	1.0B
Short Long Term Debt	97.1M	82.4M	112.4M	147.0M	169.1M	96.8M
Property Plant Equipment	2.0B	2.2B	2.6B	2.8B	3.2B	1.9B
Intangible Assets	1.1M	1.4M	1.2M	1.0M	1.2M	848.4K
Long Term Debt Total	898.6M	1.1B	1.3B	1.3B	1.5B	1.1B
Net Invested Capital	2.0B	2.4B	2.6B	2.9B	3.3B	2.4B
Net Working Capital	(65.1M)	(46.1M)	(60.9M)	(59.6M)	(53.6M)	(56.3M)
Capital Stock	26.5M	26.5M	26.4M	26.4M	30.4M	28.7M

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Other Information on Investing in Mainstreet Stock

Balance Sheet is a snapshot of the financial position of Mainstreet Equity Corp at a specified time, usually calculated after every quarter, six months, or one year. Mainstreet Equity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mainstreet Equity and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mainstreet currently owns. An asset can also be divided into two categories, current and non-current.

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Mainstreet Non Currrent Assets Other vs Total Current Liabilities Analysis

Non Currrent Assets Other vs Total Current Liabilities

Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Total Current Liabilities

Mainstreet Equity fundamental ratios Correlations

Mainstreet Equity Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mainstreet Equity fundamental ratios Accounts

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

Other Information on Investing in Mainstreet Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets

Other Stockholder Equity	- 0.72	Property Plant And Equipment Net
Other Current Assets	- 0.64	Property Plant And Equipment Net
Accounts Payable	- 0.62	Property Plant And Equipment Net
Inventory	- 0.59	Other Current Assets
Common Stock	- 0.57	Cash
Common Stock Total Equity	- 0.56	Cash