Minim Total Current Liabilities vs Short Term Debt Analysis
MINM Stock | USD 3.50 0.12 3.31% |
Minim financial indicator trend analysis is infinitely more than just investigating Minim Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minim Inc is a good investment. Please check the relationship between Minim Total Current Liabilities and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minim Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Total Current Liabilities vs Short Term Debt
Total Current Liabilities vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minim Inc Total Current Liabilities account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Minim's Total Current Liabilities and Short Term Debt is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Minim Inc, assuming nothing else is changed. The correlation between historical values of Minim's Total Current Liabilities and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Minim Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Liabilities i.e., Minim's Total Current Liabilities and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Minim balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Minim Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Short Term Debt
Most indicators from Minim's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minim Inc 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 Minim Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Minim's Tax Provision is very stable compared to the past year. As of the 18th of May 2024, Enterprise Value is likely to grow to about 16.8 M, while Selling General Administrative is likely to drop about 2.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.5M | 11.9M | 470.9K | 447.3K | Total Revenue | 55.4M | 50.6M | 26.1M | 27.3M |
Minim fundamental ratios Correlations
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Minim Account Relationship Matchups
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Minim fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.9M | 28.4M | 52.9M | 31.0M | 12.4M | 14.4M | |
Other Current Liab | 2.7M | 4.7M | 5.3M | 4.4M | 1.1M | 1.7M | |
Total Current Liabilities | 7.8M | 20.6M | 23.3M | 13.8M | 12.2M | 7.5M | |
Total Stockholder Equity | 6.1M | 7.8M | 29.1M | 16.3M | 115.9K | 110.1K | |
Property Plant And Equipment Net | 406K | 542K | 1.0M | 810K | 455.0K | 301.8K | |
Net Debt | (1.1M) | 1.8M | (7.2M) | 5.4M | (686.8K) | (652.5K) | |
Retained Earnings | (40.6M) | (57.1M) | (60.7M) | (74.8M) | (92.5M) | (87.8M) | |
Accounts Payable | 5.0M | 11.7M | 12.5M | 2.8M | 11.1M | 11.7M | |
Cash | 1.2M | 772K | 12.6M | 530K | 709.3K | 673.9K | |
Non Current Assets Total | 755K | 1.9M | 1.9M | 1.4M | 960.9K | 755.4K | |
Cash And Short Term Investments | 1.2M | 772K | 12.6M | 530K | 709.3K | 673.9K | |
Net Receivables | 4.1M | 9.2M | 4.9M | 2.8M | 701.4K | 666.3K | |
Common Stock Total Equity | 152.9K | 161.2K | 209.3K | 350.7K | 403.4K | 423.5K | |
Common Stock Shares Outstanding | 722.0K | 1.0M | 1.6M | 1.9M | 1.9M | 2.0M | |
Liabilities And Stockholders Equity | 13.9M | 28.4M | 52.9M | 31.0M | 12.4M | 14.4M | |
Inventory | 7.4M | 15.3M | 32.5M | 25.4M | 10.0M | 8.8M | |
Other Current Assets | 270K | 399K | 588K | 361K | 35.8K | 34.0K | |
Other Stockholder Equity | 47.5M | 64.5M | 89.3M | 90.7M | 92.1M | 52.6M | |
Total Liab | 7.8M | 20.6M | 23.8M | 14.6M | 12.2M | 7.6M | |
Property Plant And Equipment Gross | 405.8K | 542.0K | 1.0M | 810K | 2.7M | 2.8M | |
Total Current Assets | 13.1M | 26.5M | 51.0M | 29.6M | 11.4M | 13.7M | |
Accumulated Other Comprehensive Income | (755.0K) | (892.0K) | (1.0M) | (1.2M) | (1.1M) | (1.0M) | |
Common Stock | 46.7M | 351K | 459K | 469K | 479.3K | 455.4K | |
Non Currrent Assets Other | 349K | 942K | 545K | 512K | 472.6K | 523.9K | |
Short Long Term Debt Total | 103K | 2.6M | 5.3M | 5.9M | 22.5K | 21.4K | |
Short Term Debt | 103K | 2.6M | 5.2M | 5.9M | 22.5K | 21.4K | |
Net Tangible Assets | 3.9M | 6.1M | 7.3M | 28.8M | 33.1M | 34.7M | |
Other Assets | 349.3K | 942.4K | 544.7K | 512K | 588.8K | 558.0K | |
Deferred Long Term Liab | 349.3K | 942.4K | 544.7K | 512K | 588.8K | 558.0K | |
Property Plant Equipment | 261.5K | 405.8K | 542.0K | 1.0M | 1.2M | 1.2M | |
Net Invested Capital | 6.1M | 10.3M | 34.2M | 22.1M | 115.9K | 110.1K | |
Net Working Capital | 5.4M | 5.9M | 27.8M | 15.7M | (844.9K) | (802.7K) | |
Capital Stock | 209.3K | 350.7K | 458.9K | 469.5K | 479.3K | 390.3K |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minim Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Minim'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 Minim. If investors know Minim 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 Minim listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.08) | Revenue Per Share 13.444 | Quarterly Revenue Growth (0.86) | Return On Assets (0.50) | Return On Equity (2.14) |
The market value of Minim Inc is measured differently than its book value, which is the value of Minim that is recorded on the company's balance sheet. Investors also form their own opinion of Minim's value that differs from its market value or its book value, called intrinsic value, which is Minim'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 Minim's market value can be influenced by many factors that don't directly affect Minim'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 Minim's value and its price as these two are different measures arrived at by different means. Investors typically determine if Minim is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minim'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.