Mill Short Long Term Debt Total vs Cash And Short Term Investments Analysis

MCVT Stock

USD 2.55 0.02 0.79%

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 Short Long Term Debt Total 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 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.

Short Long Term Debt Total vs Cash And Short Term Investments

Short Long Term Debt Total 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 Mill City Ventures Short Long Term Debt Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mill City's Short Long Term Debt Total and Cash And Short Term Investments is -0.32. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash And Short Term Investments 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 Short Long Term Debt Total 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 Short Long Term Debt Total of Mill City Ventures 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 Short Long Term Debt Total i.e., Mill City's Short Long Term Debt Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Long Term Debt Total

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mill City Ventures balance sheet. This account contains Mill City investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mill City Ventures 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 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

Interest Income Net Interest Income

Mill City fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Net Receivables	Net Tangible Assets
Total Assets		0.27	0.99	-0.1	-0.76	0.32	0.09	0.33	0.63	0.78	0.23	0.04	-0.8	0.81	0.31	0.14	0.35	-0.15	-0.53	0.16	-0.47	-0.78	-0.25	0.4	0.79	-0.07
Total Current Liabilities	0.27		0.15	0.02	-0.25	0.99	-0.02	0.49	-0.14	0.1	-0.24	0.05	-0.36	0.03	0.98	0.02	0.09	-0.94	-0.15	0.95	-0.02	-0.38	-0.49	-0.33	0.51	-0.1
Total Stockholder Equity	0.99	0.15		-0.11	-0.75	0.2	0.1	0.29	0.65	0.8	0.24	0.04	-0.77	0.84	0.19	0.15	0.37	-0.04	-0.51	0.04	-0.47	-0.75	-0.21	0.44	0.75	-0.07
Net Debt	-0.1	0.02	-0.11		0.35	-0.01	-1.0	0.03	-0.1	-0.4	0.42	-0.66	-0.13	-0.35	0.09	-1.0	-0.37	0.15	0.11	-0.14	0.21	-0.25	-0.08	0.42	0.1	0.31
Retained Earnings	-0.76	-0.25	-0.75	0.35		-0.29	-0.34	-0.07	-0.62	-0.76	-0.15	-0.45	0.56	-0.68	-0.28	-0.38	-0.25	0.16	0.39	-0.15	0.36	0.7	-0.04	-0.35	-0.64	0.45
Accounts Payable	0.32	0.99	0.2	-0.01	-0.29		0.01	0.5	-0.12	0.15	-0.22	0.07	-0.38	0.08	0.98	0.05	0.08	-0.95	-0.25	0.96	-0.12	-0.41	-0.5	-0.32	0.55	-0.13
Cash	0.09	-0.02	0.1	-1.0	-0.34	0.01		-0.03	0.09	0.39	-0.42	0.67	0.13	0.34	-0.09	1.0	0.38	-0.15	-0.09	0.13	-0.19	0.26	0.08	-0.42	-0.1	-0.31
Non Current Assets Total	0.33	0.49	0.29	0.03	-0.07	0.5	-0.03		-0.51	0.38	-0.38	-0.13	-0.15	0.38	0.41	0.01	0.38	-0.59	-0.14	0.59	-0.2	-0.43	-0.98	-0.44	0.47	-0.18
Cash And Short Term Investments	0.63	-0.14	0.65	-0.1	-0.62	-0.12	0.09	-0.51		0.37	0.57	0.14	-0.63	0.39	-0.03	0.1	-0.04	0.35	-0.32	-0.34	-0.2	-0.34	0.59	0.73	0.33	0.13
Common Stock Shares Outstanding	0.78	0.1	0.8	-0.4	-0.76	0.15	0.39	0.38	0.37		-0.06	0.15	-0.35	0.98	0.07	0.43	0.47	-0.11	-0.44	0.1	-0.59	-0.61	-0.29	0.22	0.54	-0.37
Non Current Liabilities Total	0.23	-0.24	0.24	0.42	-0.15	-0.22	-0.42	-0.38	0.57	-0.06		-0.22	-0.41	-0.04	-0.03	-0.43	-0.67	0.4	-0.43	-0.39	-0.25	-0.19	0.43	0.62	0.16	0.31
Inventory	0.04	0.05	0.04	-0.66	-0.45	0.07	0.67	-0.13	0.14	0.15	-0.22		-0.16	0.05	0.02	0.68	0.09	-0.14	-0.05	0.12	0.08	0.04	0.15	-0.39	0.14	-0.35
Other Current Assets	-0.8	-0.36	-0.77	-0.13	0.56	-0.38	0.13	-0.15	-0.63	-0.35	-0.41	-0.16		-0.39	-0.44	0.08	0.0	0.18	0.42	-0.18	0.13	0.62	0.11	-0.27	-0.81	-0.19
Other Stockholder Equity	0.81	0.03	0.84	-0.35	-0.68	0.08	0.34	0.38	0.39	0.98	-0.04	0.05	-0.39		0.01	0.38	0.46	-0.03	-0.41	0.02	-0.56	-0.58	-0.3	0.27	0.55	-0.2
Total Liab	0.31	0.98	0.19	0.09	-0.28	0.98	-0.09	0.41	-0.03	0.07	-0.03	0.02	-0.44	0.01		-0.05	-0.08	-0.89	-0.27	0.9	-0.09	-0.4	-0.4	-0.22	0.55	-0.02
Total Current Assets	0.14	0.02	0.15	-1.0	-0.38	0.05	1.0	0.01	0.1	0.43	-0.43	0.68	0.08	0.38	-0.05		0.4	-0.19	-0.12	0.17	-0.21	0.2	0.03	-0.43	-0.04	-0.32
Common Stock	0.35	0.09	0.37	-0.37	-0.25	0.08	0.38	0.38	-0.04	0.47	-0.67	0.09	0.0	0.46	-0.08	0.4		-0.11	0.3	0.1	0.1	-0.21	-0.35	-0.11	0.09	-0.43
Other Current Liab	-0.15	-0.94	-0.04	0.15	0.16	-0.95	-0.15	-0.59	0.35	-0.11	0.4	-0.14	0.18	-0.03	-0.89	-0.19	-0.11		0.22	-1.0	0.14	0.26	0.61	0.55	-0.4	0.19
Short Long Term Debt Total	-0.53	-0.15	-0.51	0.11	0.39	-0.25	-0.09	-0.14	-0.32	-0.44	-0.43	-0.05	0.42	-0.41	-0.27	-0.12	0.3	0.22		-0.23	0.91	0.42	0.15	-0.17	-0.43	0.08
Current Deferred Revenue	0.16	0.95	0.04	-0.14	-0.15	0.96	0.13	0.59	-0.34	0.1	-0.39	0.12	-0.18	0.02	0.9	0.17	0.1	-1.0	-0.23		-0.15	-0.25	-0.61	-0.54	0.4	-0.18
Short Term Debt	-0.47	-0.02	-0.47	0.21	0.36	-0.12	-0.19	-0.2	-0.2	-0.59	-0.25	0.08	0.13	-0.56	-0.09	-0.21	0.1	0.14	0.91	-0.15		0.38	0.2	-0.21	-0.25	0.24
Property Plant And Equipment Net	-0.78	-0.38	-0.75	-0.25	0.7	-0.41	0.26	-0.43	-0.34	-0.61	-0.19	0.04	0.62	-0.58	-0.4	0.2	-0.21	0.26	0.42	-0.25	0.38		0.38	-0.41	-0.83	0.34
Non Currrent Assets Other	-0.25	-0.49	-0.21	-0.08	-0.04	-0.5	0.08	-0.98	0.59	-0.29	0.43	0.15	0.11	-0.3	-0.4	0.03	-0.35	0.61	0.15	-0.61	0.2	0.38		0.49	-0.43	0.15
Other Assets	0.4	-0.33	0.44	0.42	-0.35	-0.32	-0.42	-0.44	0.73	0.22	0.62	-0.39	-0.27	0.27	-0.22	-0.43	-0.11	0.55	-0.17	-0.54	-0.21	-0.41	0.49		0.15	0.11
Net Receivables	0.79	0.51	0.75	0.1	-0.64	0.55	-0.1	0.47	0.33	0.54	0.16	0.14	-0.81	0.55	0.55	-0.04	0.09	-0.4	-0.43	0.4	-0.25	-0.83	-0.43	0.15		0.0
Net Tangible Assets	-0.07	-0.1	-0.07	0.31	0.45	-0.13	-0.31	-0.18	0.13	-0.37	0.31	-0.35	-0.19	-0.2	-0.02	-0.32	-0.43	0.19	0.08	-0.18	0.24	0.34	0.15	0.11	0.0

Click cells to compare fundamentals

Mill City Account Relationship Matchups

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

Pair Trading with Mill City

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mill City position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mill City will appreciate offsetting losses from the drop in the long position's value.

Moving against Mill Stock

0.5	AB	AllianceBernstein	Pair Corr
0.43	CG	Carlyle Group	Pair Corr

The ability to find closely correlated positions to Mill City could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mill City when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mill City - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mill City Ventures to buy it.

The correlation of Mill City is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mill City moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mill City Ventures moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Mill City can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Mill

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Is Mill Stock a good investment?

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What is Mill City's Net Worth?

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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Mill Stock analysis

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)

Revenue Per Share

0.519

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0346

Return On Equity

(0)

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.

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Mill Short Long Term Debt Total vs Cash And Short Term Investments Analysis

Short Long Term Debt Total vs Cash And Short Term Investments

Short Long Term Debt Total vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Short Long Term Debt Total

Cash And Short Term Investments

Mill City fundamental ratios Correlations

Mill City Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mill City fundamental ratios Accounts

Pair Trading with Mill City

Moving against Mill Stock

Complementary Tools for Mill Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Accounts Payable
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding

Current Deferred Revenue	- 1.0	Other Current Liab
Total Current Assets	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Non Currrent Assets Other	- 0.98	Non Current Assets Total
Other Current Liab	- 0.95	Accounts Payable
Other Current Liab	- 0.94	Total Current Liabilities