Monterey Total Current Assets vs Net Working Capital Analysis
| MCAC Stock | USD 11.23 0.01 0.09% |
Monterey Capital financial indicator trend analysis is infinitely more than just investigating Monterey Capital Acq recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monterey Capital Acq is a good investment. Please check the relationship between Monterey Capital Total Current Assets and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monterey Capital Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Total Current Assets vs Net Working Capital
Total Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monterey Capital Acq Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Monterey Capital's Total Current Assets and Net Working Capital is -0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Monterey Capital Acquisition, assuming nothing else is changed. The correlation between historical values of Monterey Capital's Total Current Assets and Net Working Capital 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 Assets of Monterey Capital Acquisition are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Monterey Capital's Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Working Capital
Most indicators from Monterey Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monterey Capital Acq 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 Monterey Capital Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. As of May 13, 2024, Selling General Administrative is expected to decline to 2,832. In addition to that, Tax Provision is expected to decline to about 548.9 K
| 2010 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 1.3M | 1.1M | Tax Provision | 240.5K | 757.4K | 548.9K |
Monterey Capital fundamental ratios Correlations
Click cells to compare fundamentals
Monterey Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monterey Capital Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Monterey Capital Acq information on this page should be used as a complementary analysis to other Monterey Capital'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Monterey Stock analysis
When running Monterey Capital's price analysis, check to measure Monterey Capital'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 Monterey Capital is operating at the current time. Most of Monterey Capital's value examination focuses on studying past and present price action to predict the probability of Monterey Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monterey Capital's price. Additionally, you may evaluate how the addition of Monterey Capital to your portfolios can decrease your overall portfolio volatility.
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Is Monterey Capital'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 Monterey Capital. If investors know Monterey 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 Monterey Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.32) | Return On Assets (0.02) |
The market value of Monterey Capital Acq is measured differently than its book value, which is the value of Monterey that is recorded on the company's balance sheet. Investors also form their own opinion of Monterey Capital's value that differs from its market value or its book value, called intrinsic value, which is Monterey Capital'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 Monterey Capital's market value can be influenced by many factors that don't directly affect Monterey Capital'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 Monterey Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monterey Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monterey Capital'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.