MITT Net Receivables vs Cash And Short Term Investments Analysis

MITT Stock

USD 6.95 0.02 0.29%

AG Mortgage financial indicator trend analysis is way more than just evaluating AG Mortgage Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AG Mortgage Investment is a good investment. Please check the relationship between AG Mortgage Net Receivables and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AG Mortgage Investment Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between AG Mortgage's Net Receivables and Cash And Short Term Investments is 0.58. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of AG Mortgage Investment, assuming nothing else is changed. The correlation between historical values of AG Mortgage's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of AG Mortgage Investment are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., AG Mortgage's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of AG Mortgage Investment balance sheet. This account contains AG Mortgage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by AG Mortgage Investment fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from AG Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AG Mortgage Investment 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 AG Mortgage Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

At this time, AG Mortgage's Discontinued Operations is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 843.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	70.7M	180.3M	240.1M	157.5M
Net Interest Income	43.4M	61.4M	46.9M	53.0M

Interest Income Net Interest Income

AG Mortgage fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Preferred Stock Total Equity	Total Current Assets
Total Assets		0.69	-0.74	-0.28	0.59	0.02	0.59	-0.23	0.1	0.71	0.14	-0.22	0.54	0.57	0.69	0.51	0.31	-0.18	0.62	0.16	0.0	-0.6	0.67	0.99	0.63	0.58
Short Long Term Debt Total	0.69		-0.53	0.22	0.05	-0.12	0.82	-0.48	0.23	0.69	-0.31	0.33	0.78	0.83	0.7	0.34	0.08	-0.45	0.51	-0.19	0.02	-0.71	0.45	0.72	0.4	0.56
Other Current Liab	-0.74	-0.53		0.43	-0.55	0.08	-0.62	0.55	-0.07	-0.49	0.07	0.13	-0.62	-0.63	-0.44	-0.27	-0.78	0.51	-0.69	-0.03	0.05	0.63	-0.88	-0.7	-0.86	-0.29
Total Current Liabilities	-0.28	0.22	0.43		-0.77	-0.34	0.16	-0.01	0.05	-0.06	-0.46	0.51	0.24	0.16	-0.11	-0.22	-0.66	0.04	-0.32	-0.42	-0.14	0.0	-0.59	-0.2	-0.61	-0.26
Total Stockholder Equity	0.59	0.05	-0.55	-0.77		0.48	-0.02	0.27	-0.01	0.33	0.73	-0.71	-0.18	-0.04	0.2	0.44	0.6	0.26	0.15	0.13	0.16	-0.13	0.49	0.49	0.58	0.34
Other Liab	0.02	-0.12	0.08	-0.34	0.48		-0.55	0.6	0.48	0.3	0.78	-0.41	-0.62	-0.53	0.11	0.51	0.24	0.52	-0.46	-0.19	0.54	0.36	-0.2	-0.04	-0.05	0.45
Net Debt	0.59	0.82	-0.62	0.16	-0.02	-0.55		-0.72	-0.12	0.34	-0.55	0.4	0.9	1.0	0.43	-0.05	0.2	-0.65	0.71	-0.04	-0.29	-0.79	0.61	0.62	0.54	0.16
Retained Earnings	-0.23	-0.48	0.55	-0.01	0.27	0.6	-0.72		0.02	-0.2	0.82	-0.51	-0.82	-0.75	-0.35	0.23	-0.36	0.98	-0.82	-0.07	0.2	0.64	-0.7	-0.28	-0.59	-0.1
Accounts Payable	0.1	0.23	-0.07	0.05	-0.01	0.48	-0.12	0.02		0.52	0.15	-0.23	-0.06	-0.07	0.41	0.72	0.17	-0.09	-0.15	-0.24	-0.17	-0.3	-0.04	0.11	0.04	0.27
Cash	0.71	0.69	-0.49	-0.06	0.33	0.3	0.34	-0.2	0.52		0.04	-0.15	0.41	0.35	0.91	0.7	0.18	-0.21	0.38	-0.07	0.13	-0.58	0.42	0.72	0.43	0.8
Non Current Assets Total	0.14	-0.31	0.07	-0.46	0.73	0.78	-0.55	0.82	0.15	0.04		-0.74	-0.71	-0.57	-0.14	0.44	0.16	0.79	-0.51	-0.01	0.27	0.39	-0.21	0.05	-0.07	0.14
Non Currrent Assets Other	-0.22	0.33	0.13	0.51	-0.71	-0.41	0.4	-0.51	-0.23	-0.15	-0.74		0.45	0.41	-0.03	-0.5	-0.3	-0.48	0.24	-0.18	0.22	0.06	-0.04	-0.14	-0.19	0.01
Other Assets	0.54	0.78	-0.62	0.24	-0.18	-0.62	0.9	-0.82	-0.06	0.41	-0.71	0.45		0.9	0.52	-0.01	0.12	-0.74	0.76	0.05	-0.22	-0.74	0.59	0.6	0.45	0.22
Long Term Debt	0.57	0.83	-0.63	0.16	-0.04	-0.53	1.0	-0.75	-0.07	0.35	-0.57	0.41	0.9		0.44	-0.05	0.23	-0.69	0.71	-0.07	-0.29	-0.8	0.62	0.61	0.56	0.17
Cash And Short Term Investments	0.69	0.7	-0.44	-0.11	0.2	0.11	0.43	-0.35	0.41	0.91	-0.14	-0.03	0.52	0.44		0.58	0.12	-0.35	0.57	0.27	0.07	-0.61	0.48	0.72	0.45	0.85
Net Receivables	0.51	0.34	-0.27	-0.22	0.44	0.51	-0.05	0.23	0.72	0.7	0.44	-0.5	-0.01	-0.05	0.58		0.1	0.19	-0.03	0.04	-0.09	-0.33	0.13	0.49	0.13	0.49
Common Stock Total Equity	0.31	0.08	-0.78	-0.66	0.6	0.24	0.2	-0.36	0.17	0.18	0.16	-0.3	0.12	0.23	0.12	0.1		-0.39	0.41	-0.01	0.04	-0.32	0.72	0.24	0.82	0.12
Retained Earnings Total Equity	-0.18	-0.45	0.51	0.04	0.26	0.52	-0.65	0.98	-0.09	-0.21	0.79	-0.48	-0.74	-0.69	-0.35	0.19	-0.39		-0.78	0.0	0.2	0.64	-0.69	-0.22	-0.6	-0.11
Common Stock Shares Outstanding	0.62	0.51	-0.69	-0.32	0.15	-0.46	0.71	-0.82	-0.15	0.38	-0.51	0.24	0.76	0.71	0.57	-0.03	0.41	-0.78		0.38	-0.11	-0.64	0.89	0.65	0.77	0.37
Short Term Investments	0.16	-0.19	-0.03	-0.42	0.13	-0.19	-0.04	-0.07	-0.24	-0.07	-0.01	-0.18	0.05	-0.07	0.27	0.04	-0.01	0.0	0.38		-0.15	0.03	0.2	0.16	0.1	0.16
Inventory	0.0	0.02	0.05	-0.14	0.16	0.54	-0.29	0.2	-0.17	0.13	0.27	0.22	-0.22	-0.29	0.07	-0.09	0.04	0.2	-0.11	-0.15		0.52	-0.05	-0.02	-0.07	0.55
Other Current Assets	-0.6	-0.71	0.63	0.0	-0.13	0.36	-0.79	0.64	-0.3	-0.58	0.39	0.06	-0.74	-0.8	-0.61	-0.33	-0.32	0.64	-0.64	0.03	0.52		-0.64	-0.62	-0.66	-0.22
Other Stockholder Equity	0.67	0.45	-0.88	-0.59	0.49	-0.2	0.61	-0.7	-0.04	0.42	-0.21	-0.04	0.59	0.62	0.48	0.13	0.72	-0.69	0.89	0.2	-0.05	-0.64		0.64	0.95	0.36
Total Liab	0.99	0.72	-0.7	-0.2	0.49	-0.04	0.62	-0.28	0.11	0.72	0.05	-0.14	0.6	0.61	0.72	0.49	0.24	-0.22	0.65	0.16	-0.02	-0.62	0.64		0.59	0.58
Preferred Stock Total Equity	0.63	0.4	-0.86	-0.61	0.58	-0.05	0.54	-0.59	0.04	0.43	-0.07	-0.19	0.45	0.56	0.45	0.13	0.82	-0.6	0.77	0.1	-0.07	-0.66	0.95	0.59		0.34
Total Current Assets	0.58	0.56	-0.29	-0.26	0.34	0.45	0.16	-0.1	0.27	0.8	0.14	0.01	0.22	0.17	0.85	0.49	0.12	-0.11	0.37	0.16	0.55	-0.22	0.36	0.58	0.34

Click cells to compare fundamentals

AG Mortgage Account Relationship Matchups

AG Mortgage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	1.4B	3.4B	4.4B	6.1B	3.9B
Short Long Term Debt Total	3.5B	418.3M	2.8B	3.9B	5.6B	5.8B
Other Current Liab	(123.6M)	(116.4M)	(3.9M)	(14.1M)	(767.6M)	(729.2M)
Total Current Liabilities	123.6M	116.4M	3.9M	14.1M	767.6M	806.0M
Total Stockholder Equity	849.0M	409.7M	570.4M	462.8M	528.4M	489.3M
Net Debt	3.4B	370.4M	2.7B	3.8B	5.4B	5.7B
Retained Earnings	(85.9M)	(518.1M)	(446.8M)	(536.5M)	(516.1M)	(490.3M)
Accounts Payable	12.0M	53.3M	3.9M	14.1M	23.9M	15.7M
Cash	81.7M	47.9M	68.1M	84.6M	125.6M	75.3M
Non Current Assets Total	3.6B	767.4M	606.5M	114.8M	324.9M	308.7M
Non Currrent Assets Other	(3.6B)	(767.4M)	(606.5M)	(114.8M)	39.4M	41.4M
Other Assets	627.0M	580.9M	2.7B	4.1B	5.7B	6.0B
Long Term Debt	3.5B	919.2M	2.8B	3.9B	5.6B	5.8B
Cash And Short Term Investments	81.7M	47.9M	68.1M	155.7M	125.6M	81.3M
Net Receivables	15.2M	3.9M	16.2M	21.4M	30.6M	19.8M
Common Stock Total Equity	287K	327K	414K	239K	274.9K	304.6K
Retained Earnings Total Equity	(100.9M)	(85.9M)	(518.1M)	(446.8M)	(402.1M)	(382.0M)
Common Stock Shares Outstanding	10.7M	11.7M	16.2M	22.9M	21.1M	12.4M
Short Term Investments	11.5M	2.3M	231K	71.1M	1.3M	1.3M
Liabilities And Stockholders Equity	4.3B	1.4B	3.4B	4.4B	6.1B	3.9B
Other Current Assets	(140.6M)	(66.2M)	(116.4M)	(120.2M)	(156.1M)	(148.3M)
Other Stockholder Equity	662.2M	688.9M	796.5M	778.6M	824.0M	678.1M
Total Liab	3.5B	990.3M	2.8B	3.9B	5.6B	3.2B
Total Current Assets	96.9M	51.8M	84.2M	155.7M	111.5M	72.3M
Intangible Assets	5.1M	26.7M	17.8M	3.2M	3.6M	6.0M
Common Stock	327K	414K	239K	212K	294K	300.6K
Net Tangible Assets	576.6M	171.2M	349.9M	242.3M	218.1M	360.2M
Long Term Debt Total	2.8B	3.5B	919.2M	2.8B	3.2B	3.4B
Non Current Liabilities Total	3.5B	355.2M	2.8B	14.1M	4.8B	5.1B
Capital Surpluse	595.4M	662.2M	688.9M	796.5M	915.9M	691.9M
Long Term Investments	574.1M	600.1M	2.7B	114.8M	62.8M	59.7M
Non Current Liabilities Other	45.2M	26.2M	18.8M	10.4M	9.3M	8.9M
Short Long Term Debt	3.0B	2.6M	111.5M	63.1M	56.8M	54.0M
Short Term Debt	111.5M	63.1M	1.8B	621.2M	767.6M	1.3B
Net Invested Capital	912.4M	589.5M	3.1B	4.1B	5.9B	6.2B
Capital Stock	272.8M	238.9M	220.7M	220.7M	220.8M	244.8M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AG Mortgage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AG Mortgage's short interest history, or implied volatility extrapolated from AG Mortgage options trading.

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When determining whether AG Mortgage Investment is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MITT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ag Mortgage Investment Stock. Highlighted below are key reports to facilitate an investment decision about Ag Mortgage Investment Stock:

How To Invest In MITT

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Is MITT Stock a good investment?

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What is AG Mortgage's Net Worth?

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Largest Mortgage Real Estate Investment Trusts (REITs) Companies

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Largest Financial Services Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for MITT Stock analysis

When running AG Mortgage's price analysis, check to measure AG Mortgage'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 AG Mortgage is operating at the current time. Most of AG Mortgage's value examination focuses on studying past and present price action to predict the probability of AG Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AG Mortgage's price. Additionally, you may evaluate how the addition of AG Mortgage to your portfolios can decrease your overall portfolio volatility.

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Is AG Mortgage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AG Mortgage. If investors know MITT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AG Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

3.13

Dividend Share

0.72

Earnings Share

1.68

Revenue Per Share

3.018

Quarterly Revenue Growth

(0.24)

The market value of AG Mortgage Investment is measured differently than its book value, which is the value of MITT that is recorded on the company's balance sheet. Investors also form their own opinion of AG Mortgage's value that differs from its market value or its book value, called intrinsic value, which is AG Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AG Mortgage's market value can be influenced by many factors that don't directly affect AG Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between AG Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if AG Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AG Mortgage'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.

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MITT Net Receivables vs Cash And Short Term Investments Analysis

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Cash And Short Term Investments

AG Mortgage fundamental ratios Correlations

AG Mortgage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AG Mortgage fundamental ratios Accounts

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

Complementary Tools for MITT Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Net Debt
Total Liab	+ 0.99	Total Assets
Retained Earnings Total Equity	+ 0.98	Retained Earnings
Preferred Stock Total Equity	+ 0.95	Other Stockholder Equity
Cash And Short Term Investments	+ 0.91	Cash
Other Assets	+ 0.9	Net Debt

Other Stockholder Equity	- 0.88	Other Current Liab
Preferred Stock Total Equity	- 0.86	Other Current Liab
Common Stock Shares Outstanding	- 0.82	Retained Earnings
Other Assets	- 0.82	Retained Earnings
Other Current Assets	- 0.8	Long Term Debt
Other Current Assets	- 0.79	Net Debt