Mainstreet Other Stockholder Equity vs Cash 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 Other Stockholder Equity and its Cash 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.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainstreet Equity Corp Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mainstreet Equity's Other Stockholder Equity and Cash is 0.59. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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 Other Stockholder Equity 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 Other Stockholder Equity of Mainstreet Equity Corp 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 Other Stockholder Equity i.e., Mainstreet Equity's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of Mainstreet Equity Corp, which is listed under current asset account on Mainstreet Equity Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mainstreet Equity customers. The amounts must be unrestricted with restricted cash listed in a different Mainstreet Equity 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 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 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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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.