Meridianlink Accounts Payable vs Net Tangible Assets Analysis
MLNK Stock | USD 18.57 0.17 0.92% |
Meridianlink financial indicator trend analysis is infinitely more than just investigating Meridianlink recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meridianlink is a good investment. Please check the relationship between Meridianlink Accounts Payable and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridianlink. 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. For more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.
Accounts Payable vs Net Tangible Assets
Accounts Payable vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meridianlink Accounts Payable account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Meridianlink's Accounts Payable and Net Tangible Assets is 0.59. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Meridianlink, assuming nothing else is changed. The correlation between historical values of Meridianlink's Accounts Payable and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Meridianlink are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., Meridianlink's Accounts Payable and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Meridianlink obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Meridianlink are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Meridianlink's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meridianlink 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 Meridianlink. 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. For more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.At this time, Meridianlink's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 31.84 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 32.6M | 24.2M | 38.2M | 26.8M | Depreciation And Amortization | 51.3M | 59.3M | 57.8M | 57.2M |
Meridianlink fundamental ratios Correlations
Click cells to compare fundamentals
Meridianlink Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Meridianlink using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridianlink. 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. For more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Meridianlink Stock analysis
When running Meridianlink's price analysis, check to measure Meridianlink'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 Meridianlink is operating at the current time. Most of Meridianlink's value examination focuses on studying past and present price action to predict the probability of Meridianlink's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meridianlink's price. Additionally, you may evaluate how the addition of Meridianlink to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Positions Ratings 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 | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
Is Meridianlink'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 Meridianlink. If investors know Meridianlink 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 Meridianlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.53) | Revenue Per Share 3.827 | Quarterly Revenue Growth 0.009 | Return On Assets 0.0129 | Return On Equity (0.08) |
The market value of Meridianlink is measured differently than its book value, which is the value of Meridianlink that is recorded on the company's balance sheet. Investors also form their own opinion of Meridianlink's value that differs from its market value or its book value, called intrinsic value, which is Meridianlink'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 Meridianlink's market value can be influenced by many factors that don't directly affect Meridianlink'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 Meridianlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridianlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridianlink'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.