Mitek Cash And Short Term Investments from 2010 to 2024

MITK Stock  USD 13.84  0.34  2.40%   
Mitek Systems Cash And Short Term Investments yearly trend continues to be quite stable with very little volatility. Cash And Short Term Investments may rise above about 109.1 M this year. Cash And Short Term Investments is 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. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1990-09-30
Previous Quarter
133.6 M
Current Value
123.9 M
Quarterly Volatility
38.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek main balance sheet or income statement drivers, such as Depreciation And Amortization of 404.2 K, Interest Expense of 8.5 M or Total Revenue of 173.8 M, as well as many exotic indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
This module can also supplement Mitek Systems' financial leverage analysis and stock options assessment as well as various Mitek Systems Technical models . Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.

Latest Mitek Systems' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Mitek Systems over the last few years. Short Term Investments is an account in the current assets section of Mitek Systems balance sheet. This account contains Mitek Systems investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mitek Systems fairly quickly. It is 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. Mitek Systems' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Mitek Cash And Short Term Investments Regression Statistics

Arithmetic Mean56,838,106
Geometric Mean30,619,159
Coefficient Of Variation85.40
Mean Deviation38,928,169
Median33,873,000
Standard Deviation48,537,550
Sample Variance2355.9T
Range179.3M
R-Value0.78
Mean Square Error976.2T
R-Squared0.62
Significance0.0005
Slope8,513,043
Total Sum of Squares32982.5T

Mitek Cash And Short Term Investments History

2024109.1 M
2023103.9 M
202190.3 M
2020179.4 M
201960 M
201833.2 M
201717.5 M

About Mitek Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mitek Systems income statement, its balance sheet, and the statement of cash flows. Mitek Systems investors use historical funamental indicators, such as Mitek Systems's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Mitek Systems investors may use each financial statement separately, they are all related. The changes in Mitek Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mitek Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mitek Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mitek Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments103.9 M109.1 M

Mitek Systems Investors Sentiment

The influence of Mitek Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mitek. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Mitek Systems' public news can be used to forecast risks associated with an investment in Mitek. The trend in average sentiment can be used to explain how an investor holding Mitek can time the market purely based on public headlines and social activities around Mitek Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mitek Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mitek Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mitek Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mitek Systems.
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 Mitek Systems 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, Mitek Systems' short interest history, or implied volatility extrapolated from Mitek Systems options trading.

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When determining whether Mitek Systems 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 Mitek 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 Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Mitek Stock analysis

When running Mitek Systems' price analysis, check to measure Mitek Systems' 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 Mitek Systems is operating at the current time. Most of Mitek Systems' value examination focuses on studying past and present price action to predict the probability of Mitek Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitek Systems' price. Additionally, you may evaluate how the addition of Mitek Systems to your portfolios can decrease your overall portfolio volatility.
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Is Mitek Systems' 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 Mitek Systems. If investors know Mitek 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 Mitek Systems 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
(0.94)
Earnings Share
(0.06)
Revenue Per Share
3.559
Quarterly Revenue Growth
0.018
Return On Assets
(0.01)
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' 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 Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' 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.