Mill Capital Stock vs Property Plant Equipment Analysis
MCVT Stock | USD 2.84 0.14 5.19% |
Mill City financial indicator trend analysis is infinitely more than just investigating Mill City Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mill City Ventures is a good investment. Please check the relationship between Mill City Capital Stock and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Capital Stock vs Property Plant Equipment
Capital Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mill City Ventures Capital Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mill City's Capital Stock and Property Plant Equipment is 0.26. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Mill City Ventures, assuming nothing else is changed. The correlation between historical values of Mill City's Capital Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Mill City Ventures are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Stock i.e., Mill City's Capital Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Property Plant Equipment
Most indicators from Mill City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mill City Ventures 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 Mill City Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, Mill City's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 15.7 M in 2024, despite the fact that Tax Provision is likely to grow to (195.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 2.7M | 4.2M | 3.3M | 3.5M | Net Interest Income | 2.7M | 4.0M | 3.2M | 1.6M |
Mill City fundamental ratios Correlations
Click cells to compare fundamentals
Mill City Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mill City fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.1M | 12.5M | 16.7M | 18.6M | 19.1M | 20.1M | |
Total Current Liabilities | 25.0K | 572.2K | 2.0M | 136.5K | 81.0K | 76.9K | |
Total Stockholder Equity | 10.1M | 11.6M | 13.4M | 18.3M | 18.6M | 19.5M | |
Net Debt | (8.0M) | (5.4M) | (1.9M) | (1.1M) | (366.7K) | (385.1K) | |
Retained Earnings | (3.6M) | (3.3M) | (3.0M) | (1.8M) | (3.5M) | (3.3M) | |
Accounts Payable | 25.0K | 572.2K | 2.0M | 136.5K | 71.7K | 68.1K | |
Cash | 8.1M | 5.4M | 1.9M | 1.1M | 376.0K | 357.2K | |
Non Current Assets Total | 1.8M | 6.7M | 14.1M | 16.7M | 9.3K | 8.8K | |
Cash And Short Term Investments | 8.1M | 5.4M | 1.9M | 1.1M | 17.3M | 18.2M | |
Liabilities And Stockholders Equity | 10.1M | 12.5M | 16.7M | 18.6M | 19.1M | 20.1M | |
Non Current Liabilities Total | 45.0K | 26.1K | 5.7K | 136.5K | 435.4K | 457.2K | |
Other Current Assets | (8.3M) | (8.6M) | (14.2M) | (16.9M) | (17.9M) | (17.0M) | |
Other Stockholder Equity | 10.8M | 10.7M | 10.7M | 15.0M | 16.9M | 9.3M | |
Total Liab | 70.0K | 870.0K | 3.3M | 223.2K | 516.4K | 408.7K | |
Total Current Assets | 8.3M | 5.8M | 2.5M | 1.6M | 640.4K | 608.4K | |
Other Current Liab | (25.0K) | (572.2K) | (2.0M) | (86.7K) | 444.7K | 467.0K | |
Short Term Debt | 45.0K | 26.1K | 5.7K | 16.6K | 9.3K | 8.8K | |
Property Plant And Equipment Net | 42.9K | 23.3K | 5.0K | 16.4K | 9.3K | 8.8K | |
Non Currrent Assets Other | (1.8M) | (6.7M) | (14.1M) | (16.7M) | 165.3K | 173.6K | |
Other Assets | 31.6K | 43.8K | 83.7K | 250.2K | 18.5M | 19.4M | |
Net Receivables | 256.5K | 335.2K | 574.4K | 500.9K | 514.4K | 300.5K | |
Accumulated Other Comprehensive Income | 2.8M | 4.2M | 5.7M | 5.1M | 5.2M | 5.4M | |
Net Tangible Assets | 10.1M | 11.6M | 13.4M | 17.9M | 20.6M | 13.4M | |
Long Term Investments | 1.7M | 6.7M | 14.1M | 16.7M | 17.3M | 10.7M | |
Property Plant Equipment | 42.9K | 23.3K | 5.0K | 16.4K | 14.8K | 22.2K |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Mill City's price analysis, check to measure Mill City'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 Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.
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Is Mill City'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 Mill City. If investors know Mill 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 Mill City 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 (0.89) | Earnings Share (0.18) | Revenue Per Share 0.528 | Quarterly Revenue Growth (0.05) | Return On Assets (0.01) |
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City'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 Mill City's market value can be influenced by many factors that don't directly affect Mill City'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 Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City'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.