Mainstreet Total Current Liabilities vs Property Plant And Equipment Gross 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 Total Current Liabilities and its Property Plant And Equipment Gross 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.
Total Current Liabilities vs Property Plant And Equipment Gross
Total Current Liabilities vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainstreet Equity Corp Total Current Liabilities account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mainstreet Equity's Total Current Liabilities and Property Plant And Equipment Gross is 0.23. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Gross 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 Total Current Liabilities and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Mainstreet Equity Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Liabilities i.e., Mainstreet Equity's Total Current Liabilities and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Property Plant And Equipment Gross
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 |
Mainstreet Equity fundamental ratios Correlations
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Mainstreet Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.