Monterey Net Tangible Assets vs Net Invested Capital Analysis
| MCAC Stock | USD 11.31 0.01 0.09% |
Monterey Capital financial indicator trend analysis is infinitely more than just investigating Monterey Capital Acq recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monterey Capital Acq is a good investment. Please check the relationship between Monterey Capital Net Tangible Assets and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monterey Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Tangible Assets vs Net Invested Capital
Net Tangible Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monterey Capital Acq Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Monterey Capital's Net Tangible Assets and Net Invested Capital is 0.93. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Monterey Capital Acquisition, assuming nothing else is changed. The correlation between historical values of Monterey Capital's Net Tangible Assets and Net Invested Capital 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 Tangible Assets of Monterey Capital Acquisition are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Monterey Capital's Net Tangible Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Monterey Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monterey Capital Acq 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 Monterey Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of June 6, 2024, Selling General Administrative is expected to decline to about 1.9 M. In addition to that, Tax Provision is expected to decline to about 548.9 K
| 2010 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 1.3M | 1.1M | Tax Provision | 240.5K | 757.4K | 548.9K |
Monterey Capital fundamental ratios Correlations
Click cells to compare fundamentals
Monterey Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in Monterey Stock
When determining whether Monterey Capital Acq is a strong investment it is important to analyze Monterey Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Monterey Capital's future performance. For an informed investment choice regarding Monterey Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monterey Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Asset Management & Custody Banks space 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 Monterey Capital. If investors know Monterey 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 Monterey Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.27) | Return On Assets (0.02) |
The market value of Monterey Capital Acq is measured differently than its book value, which is the value of Monterey that is recorded on the company's balance sheet. Investors also form their own opinion of Monterey Capital's value that differs from its market value or its book value, called intrinsic value, which is Monterey Capital'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 Monterey Capital's market value can be influenced by many factors that don't directly affect Monterey Capital'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 Monterey Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monterey Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monterey Capital'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.