MIND Retained Earnings vs Property Plant Equipment Analysis
MNDO Stock | USD 1.87 0.01 0.53% |
MIND CTI financial indicator trend analysis is infinitely more than just investigating MIND CTI recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MIND CTI is a good investment. Please check the relationship between MIND CTI Retained Earnings and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.
Retained Earnings vs Property Plant Equipment
Retained Earnings vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MIND CTI Retained Earnings account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MIND CTI's Retained Earnings and Property Plant Equipment is 0.42. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of MIND CTI, assuming nothing else is changed. The correlation between historical values of MIND CTI's Retained Earnings 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 Retained Earnings of MIND CTI 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 Retained Earnings i.e., MIND CTI's Retained Earnings and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant Equipment
Most indicators from MIND CTI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MIND CTI 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 MIND CTI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.At this time, MIND CTI's Selling General Administrative is very stable compared to the past year. As of the 29th of May 2024, Tax Provision is likely to grow to about 538 K, while Sales General And Administrative To Revenue is likely to drop 0.06.
2021 | 2022 | 2024 (projected) | Interest Expense | 49K | 60K | 25.7K | Depreciation And Amortization | 194K | 193K | 381.5K |
MIND CTI fundamental ratios Correlations
Click cells to compare fundamentals
MIND CTI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MIND CTI fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.1M | 32.4M | 33.1M | 31.7M | 31.6M | 28.2M | |
Total Current Liabilities | 6.3M | 5.6M | 5.6M | 5.2M | 4.5M | 4.9M | |
Total Stockholder Equity | 21.9M | 23.1M | 23.7M | 23.8M | 24.5M | 23.1M | |
Property Plant And Equipment Net | 1.5M | 1.9M | 1.6M | 1.2M | 906K | 926.0K | |
Net Debt | (5.2M) | (6.4M) | (2.7M) | (4.4M) | (2.3M) | (2.4M) | |
Retained Earnings | (3.1M) | (2.5M) | (1.7M) | (1.7M) | (1.3M) | (1.4M) | |
Accounts Payable | 2.1M | 1.3M | 839K | 937K | 989K | 664.5K | |
Cash | 6.5M | 8.3M | 4.2M | 5.3M | 3.0M | 2.8M | |
Non Current Assets Total | 12.0M | 12.7M | 12.6M | 11.4M | 11.9M | 10.7M | |
Non Currrent Assets Other | 1.7M | 1.8M | 2.3M | 1.9M | 2.1M | 1.9M | |
Cash And Short Term Investments | 15.2M | 17.0M | 18.5M | 17.5M | 16.6M | 14.8M | |
Net Receivables | 3.7M | 2.4M | 1.9M | 2.7M | 2.3M | 2.4M | |
Common Stock Shares Outstanding | 20.0M | 20.1M | 20.3M | 20.4M | 20.5M | 21.7M | |
Short Term Investments | 8.7M | 8.8M | 14.3M | 12.2M | 13.6M | 9.2M | |
Liabilities And Stockholders Equity | 31.1M | 32.4M | 33.1M | 31.7M | 31.6M | 28.2M | |
Non Current Liabilities Total | 2.9M | 3.7M | 3.8M | 2.8M | 2.7M | 2.0M | |
Other Stockholder Equity | 25.8M | 26.1M | 26.2M | 26.5M | 26.8M | 30.6M | |
Total Liab | 5.0M | 9.2M | 9.3M | 9.4M | 7.1M | 6.9M | |
Total Current Assets | 19.1M | 19.7M | 20.5M | 20.3M | 19.7M | 17.5M | |
Accumulated Other Comprehensive Income | (884K) | (522K) | (836K) | (1.1M) | (1.0M) | (1.1M) | |
Other Current Liab | 2.0M | 1.9M | 2.3M | 2.0M | 1.7M | 1.4M | |
Other Assets | 1.8M | 2.0M | 2.5M | 2.1M | 1.9M | 1.8M | |
Property Plant And Equipment Gross | 1.5M | 1.9M | 1.6M | 1.2M | 3.1M | 3.3M | |
Property Plant Equipment | 1.5M | 1.9M | 1.6M | 1.2M | 1.1M | 940.7K | |
Current Deferred Revenue | 1.9M | 2.1M | 2.2M | 2.0M | 1.5M | 2.6M | |
Other Current Assets | 224K | 273K | 124K | 169K | 815K | 1.3M | |
Good Will | 7.9M | 8.1M | 7.9M | 7.8M | 7.9M | 7.2M | |
Net Tangible Assets | 13.3M | 14.3M | 15.3M | 15.6M | 14.1M | 12.4M | |
Net Invested Capital | 21.9M | 23.1M | 23.7M | 23.8M | 24.5M | 25.0M | |
Net Working Capital | 12.8M | 14.0M | 14.9M | 15.1M | 15.2M | 16.1M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.Note that the MIND CTI information on this page should be used as a complementary analysis to other MIND CTI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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When running MIND CTI's price analysis, check to measure MIND CTI'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 MIND CTI is operating at the current time. Most of MIND CTI's value examination focuses on studying past and present price action to predict the probability of MIND CTI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIND CTI's price. Additionally, you may evaluate how the addition of MIND CTI to your portfolios can decrease your overall portfolio volatility.
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Is MIND CTI'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 MIND CTI. If investors know MIND 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 MIND CTI 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 0.165 | Earnings Share 0.25 | Revenue Per Share 1.072 | Quarterly Revenue Growth 0.045 | Return On Assets 0.0937 |
The market value of MIND CTI is measured differently than its book value, which is the value of MIND that is recorded on the company's balance sheet. Investors also form their own opinion of MIND CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI'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 MIND CTI's market value can be influenced by many factors that don't directly affect MIND CTI'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 MIND CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI'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.