Mitek Interest Expense vs Shareholders Equity Analysis
MITK Stock | USD 12.17 1.22 9.11% |
Trend analysis of Mitek Systems balance sheet accounts such as Total Current Liabilities of 48.9 M provides information on Mitek Systems' total assets, liabilities, and equity, which is the actual value of Mitek Systems to its prevalent stockholders. By breaking down trends over time using Mitek Systems balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Mitek |
About Mitek Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Mitek Systems at a specified time, usually calculated after every quarter, six months, or one year. Mitek Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mitek Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mitek currently owns. An asset can also be divided into two categories, current and non-current.
Mitek Systems Balance Sheet Chart
Mitek Systems Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Mitek Systems uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Mitek Systems' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 123.3 M this year, although the value of Common Stock Total Equity will most likely fall to about 26.4 K. Add Fundamental
Total Assets
Total assets refers to the total amount of Mitek Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mitek Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Mitek Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mitek Systems 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.Most indicators from Mitek Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mitek Systems 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 Mitek Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.At this time, Mitek Systems' Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 2.8 M this year, although Enterprise Value Multiple will most likely fall to 12.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 124.8M | 123.9M | 142.5M | 149.7M | Total Revenue | 144.8M | 143.9M | 165.5M | 173.8M |
Mitek Systems fundamental ratios Correlations
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Mitek Systems Account Relationship Matchups
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Mitek Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 135.9M | 169.2M | 419.3M | 360.4M | 414.5M | 435.2M | |
Other Current Liab | 2.9M | 10.7M | 23.6M | 20.0M | 23.0M | 24.2M | |
Total Current Liabilities | 20.0M | 24.4M | 38.5M | 40.5M | 46.6M | 48.9M | |
Total Stockholder Equity | 107.3M | 132.2M | 193.3M | 170.3M | 195.9M | 205.7M | |
Property Plant And Equipment Net | 4.2M | 9.0M | 10.7M | 8.6M | 9.9M | 10.4M | |
Net Debt | (16.1M) | (12.8M) | 99.1M | 102.1M | 117.4M | 123.3M | |
Retained Earnings | (20.8M) | (14.0M) | (5.6M) | (18.0M) | (16.2M) | (17.0M) | |
Non Current Assets Total | 81.8M | 85.0M | 215.2M | 231.3M | 266.0M | 279.3M | |
Net Receivables | 17.3M | 20.8M | 20.7M | 34.1M | 39.3M | 41.2M | |
Common Stock Shares Outstanding | 42.5M | 45.1M | 44.7M | 45.8M | 52.6M | 55.3M | |
Liabilities And Stockholders Equity | 135.9M | 169.2M | 419.3M | 360.4M | 414.5M | 435.2M | |
Non Current Liabilities Total | 8.5M | 12.6M | 187.6M | 149.6M | 172.0M | 180.6M | |
Other Current Assets | 2.1M | 2.0M | 2.1M | 2.6M | 3.0M | 3.2M | |
Other Stockholder Equity | 132.2M | 146.5M | 199.8M | 216.5M | 249.0M | 261.4M | |
Total Liab | 28.6M | 36.9M | 226.0M | 190.1M | 218.6M | 229.5M | |
Property Plant And Equipment Gross | 9.0M | 10.7M | 8.6M | 14.7M | 17.0M | 17.8M | |
Total Current Assets | 54.1M | 84.1M | 204.1M | 129.1M | 148.5M | 155.9M | |
Accumulated Other Comprehensive Income | (4.1M) | (323K) | (943K) | (28.2M) | (25.4M) | (24.1M) | |
Short Term Debt | 7.9M | 1.8M | 1.9M | 2.1M | 2.4M | 2.7M | |
Accounts Payable | 3.6M | 3.9M | 2.5M | 5.0M | 5.7M | 6.0M | |
Cash | 16.7M | 20.0M | 30.3M | 32.1M | 36.9M | 38.7M | |
Non Currrent Assets Other | 2.3M | 5.6M | 54.5M | 5.8M | 6.7M | 7.1M | |
Cash And Short Term Investments | 33.3M | 60.0M | 179.4M | 90.3M | 103.9M | 109.1M | |
Other Liab | 10.8M | 8.1M | 6.6M | 60.1M | 69.1M | 72.5M | |
Other Assets | 17.5M | 18.9M | 19.1M | 65.0M | 74.8M | 78.5M | |
Common Stock Total Equity | 38K | 40K | 42K | 44K | 50.6K | 26.4K | |
Common Stock | 38K | 40K | 42K | 44K | 50.6K | 28.2K | |
Property Plant Equipment | 4.7M | 4.2M | 9.0M | 10.7M | 12.3M | 13.0M | |
Current Deferred Revenue | 5.6M | 8.0M | 10.4M | 13.4M | 15.4M | 16.2M | |
Intangible Assets | 24.4M | 19.3M | 28.7M | 75.8M | 87.1M | 91.5M | |
Net Tangible Assets | 28.0M | 50.3M | 77.3M | 101.8M | 117.1M | 123.0M | |
Good Will | 32.6M | 35.7M | 62.7M | 120.2M | 138.2M | 145.1M | |
Short Term Investments | 16.5M | 40.0M | 149.1M | 58.3M | 67.0M | 37.9M | |
Non Current Liabilities Other | 982K | 6.8M | 1.6M | 2.9M | 3.3M | 2.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mitek Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mitek Systems' short interest history, or implied volatility extrapolated from Mitek Systems options trading.
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When running Mitek Systems' price analysis, check to measure Mitek Systems' 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 Mitek Systems is operating at the current time. Most of Mitek Systems' value examination focuses on studying past and present price action to predict the probability of Mitek Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitek Systems' price. Additionally, you may evaluate how the addition of Mitek Systems to your portfolios can decrease your overall portfolio volatility.
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Is Mitek Systems' 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 Mitek Systems. If investors know Mitek 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 Mitek Systems 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 10.323 | Earnings Share (0.06) | Revenue Per Share 3.57 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0065 |
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' 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 Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' 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.