Mill Property Plant Equipment vs Capital Stock 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 Property Plant Equipment and its Capital Stock 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.

Property Plant Equipment vs Capital Stock

Property Plant Equipment vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mill City Ventures Property Plant Equipment account and Capital Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mill City's Property Plant Equipment and Capital Stock is 0.26. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Capital Stock 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 Property Plant Equipment and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Mill City Ventures are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Property Plant Equipment i.e., Mill City's Property Plant Equipment and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
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 Income2.7M4.2M3.3M3.5M
Net Interest Income2.7M4.0M3.2M1.6M

Mill City fundamental ratios Correlations

0.270.99-0.1-0.760.320.090.330.630.780.230.04-0.80.810.310.140.35-0.15-0.530.16-0.47-0.78-0.250.40.79-0.07
0.270.150.02-0.250.99-0.020.49-0.140.1-0.240.05-0.360.030.980.020.09-0.94-0.150.95-0.02-0.38-0.49-0.330.51-0.1
0.990.15-0.11-0.750.20.10.290.650.80.240.04-0.770.840.190.150.37-0.04-0.510.04-0.47-0.75-0.210.440.75-0.07
-0.10.02-0.110.35-0.01-1.00.03-0.1-0.40.42-0.66-0.13-0.350.09-1.0-0.370.150.11-0.140.21-0.25-0.080.420.10.31
-0.76-0.25-0.750.35-0.29-0.34-0.07-0.62-0.76-0.15-0.450.56-0.68-0.28-0.38-0.250.160.39-0.150.360.7-0.04-0.35-0.640.45
0.320.990.2-0.01-0.290.010.5-0.120.15-0.220.07-0.380.080.980.050.08-0.95-0.250.96-0.12-0.41-0.5-0.320.55-0.13
0.09-0.020.1-1.0-0.340.01-0.030.090.39-0.420.670.130.34-0.091.00.38-0.15-0.090.13-0.190.260.08-0.42-0.1-0.31
0.330.490.290.03-0.070.5-0.03-0.510.38-0.38-0.13-0.150.380.410.010.38-0.59-0.140.59-0.2-0.43-0.98-0.440.47-0.18
0.63-0.140.65-0.1-0.62-0.120.09-0.510.370.570.14-0.630.39-0.030.1-0.040.35-0.32-0.34-0.2-0.340.590.730.330.13
0.780.10.8-0.4-0.760.150.390.380.37-0.060.15-0.350.980.070.430.47-0.11-0.440.1-0.59-0.61-0.290.220.54-0.37
0.23-0.240.240.42-0.15-0.22-0.42-0.380.57-0.06-0.22-0.41-0.04-0.03-0.43-0.670.4-0.43-0.39-0.25-0.190.430.620.160.31
0.040.050.04-0.66-0.450.070.67-0.130.140.15-0.22-0.160.050.020.680.09-0.14-0.050.120.080.040.15-0.390.14-0.35
-0.8-0.36-0.77-0.130.56-0.380.13-0.15-0.63-0.35-0.41-0.16-0.39-0.440.080.00.180.42-0.180.130.620.11-0.27-0.81-0.19
0.810.030.84-0.35-0.680.080.340.380.390.98-0.040.05-0.390.010.380.46-0.03-0.410.02-0.56-0.58-0.30.270.55-0.2
0.310.980.190.09-0.280.98-0.090.41-0.030.07-0.030.02-0.440.01-0.05-0.08-0.89-0.270.9-0.09-0.4-0.4-0.220.55-0.02
0.140.020.15-1.0-0.380.051.00.010.10.43-0.430.680.080.38-0.050.4-0.19-0.120.17-0.210.20.03-0.43-0.04-0.32
0.350.090.37-0.37-0.250.080.380.38-0.040.47-0.670.090.00.46-0.080.4-0.110.30.10.1-0.21-0.35-0.110.09-0.43
-0.15-0.94-0.040.150.16-0.95-0.15-0.590.35-0.110.4-0.140.18-0.03-0.89-0.19-0.110.22-1.00.140.260.610.55-0.40.19
-0.53-0.15-0.510.110.39-0.25-0.09-0.14-0.32-0.44-0.43-0.050.42-0.41-0.27-0.120.30.22-0.230.910.420.15-0.17-0.430.08
0.160.950.04-0.14-0.150.960.130.59-0.340.1-0.390.12-0.180.020.90.170.1-1.0-0.23-0.15-0.25-0.61-0.540.4-0.18
-0.47-0.02-0.470.210.36-0.12-0.19-0.2-0.2-0.59-0.250.080.13-0.56-0.09-0.210.10.140.91-0.150.380.2-0.21-0.250.24
-0.78-0.38-0.75-0.250.7-0.410.26-0.43-0.34-0.61-0.190.040.62-0.58-0.40.2-0.210.260.42-0.250.380.38-0.41-0.830.34
-0.25-0.49-0.21-0.08-0.04-0.50.08-0.980.59-0.290.430.150.11-0.3-0.40.03-0.350.610.15-0.610.20.380.49-0.430.15
0.4-0.330.440.42-0.35-0.32-0.42-0.440.730.220.62-0.39-0.270.27-0.22-0.43-0.110.55-0.17-0.54-0.21-0.410.490.150.11
0.790.510.750.1-0.640.55-0.10.470.330.540.160.14-0.810.550.55-0.040.09-0.4-0.430.4-0.25-0.83-0.430.150.0
-0.07-0.1-0.070.310.45-0.13-0.31-0.180.13-0.370.31-0.35-0.19-0.2-0.02-0.32-0.430.190.08-0.180.240.340.150.110.0
Click cells to compare fundamentals

Mill City Account Relationship Matchups

Mill City fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1M12.5M16.7M18.6M19.1M20.1M
Total Current Liabilities25.0K572.2K2.0M136.5K81.0K76.9K
Total Stockholder Equity10.1M11.6M13.4M18.3M18.6M19.5M
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 Payable25.0K572.2K2.0M136.5K71.7K68.1K
Cash8.1M5.4M1.9M1.1M376.0K357.2K
Non Current Assets Total1.8M6.7M14.1M16.7M9.3K8.8K
Cash And Short Term Investments8.1M5.4M1.9M1.1M17.3M18.2M
Liabilities And Stockholders Equity10.1M12.5M16.7M18.6M19.1M20.1M
Non Current Liabilities Total45.0K26.1K5.7K136.5K435.4K457.2K
Other Current Assets(8.3M)(8.6M)(14.2M)(16.9M)(17.9M)(17.0M)
Other Stockholder Equity10.8M10.7M10.7M15.0M16.9M9.3M
Total Liab70.0K870.0K3.3M223.2K516.4K408.7K
Total Current Assets8.3M5.8M2.5M1.6M640.4K608.4K
Other Current Liab(25.0K)(572.2K)(2.0M)(86.7K)444.7K467.0K
Short Term Debt45.0K26.1K5.7K16.6K9.3K8.8K
Property Plant And Equipment Net42.9K23.3K5.0K16.4K9.3K8.8K
Non Currrent Assets Other(1.8M)(6.7M)(14.1M)(16.7M)165.3K173.6K
Other Assets31.6K43.8K83.7K250.2K18.5M19.4M
Net Receivables256.5K335.2K574.4K500.9K514.4K300.5K
Accumulated Other Comprehensive Income2.8M4.2M5.7M5.1M5.2M5.4M
Net Tangible Assets10.1M11.6M13.4M17.9M20.6M13.4M
Long Term Investments1.7M6.7M14.1M16.7M17.3M10.7M
Property Plant Equipment42.9K23.3K5.0K16.4K14.8K22.2K

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When determining whether Mill City Ventures 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 Mill 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 Mill City Ventures Stock. Highlighted below are key reports to facilitate an investment decision about Mill City Ventures Stock:
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.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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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.