MYnd Non Current Assets Total vs Total Revenue Analysis
| MYND Stock | USD 2.50 0.08 3.10% |
MYnd Analytics financial indicator trend analysis is infinitely more than just investigating MYnd Analytics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MYnd Analytics is a good investment. Please check the relationship between MYnd Analytics Non Current Assets Total and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYnd Analytics. 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 information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.
Non Current Assets Total vs Total Revenue
Non Current Assets Total vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MYnd Analytics Non Current Assets Total account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between MYnd Analytics' Non Current Assets Total and Total Revenue is -0.96. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of MYnd Analytics, assuming nothing else is changed. The correlation between historical values of MYnd Analytics' Non Current Assets Total and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of MYnd Analytics are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Assets Total i.e., MYnd Analytics' Non Current Assets Total and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Revenue
Total revenue comprises all receipts MYnd Analytics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from MYnd Analytics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MYnd Analytics 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 MYnd Analytics. 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 information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.The current year's Selling General Administrative is expected to grow to about 37.8 M, whereas Discontinued Operations is forecasted to decline to (2.6 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 440.8M | 310.4M | 357.0M | 374.8M | Research Development | 41.5M | 34.6M | 39.8M | 41.8M |
MYnd Analytics fundamental ratios Correlations
Click cells to compare fundamentals
MYnd Analytics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MYnd Analytics fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 302.5M | 283.1M | 368.8M | 404.4M | 465.0M | 488.3M | |
| Other Current Liab | 54.4M | 104.4M | 64.2M | 67.3M | 77.4M | 81.2M | |
| Total Current Liabilities | 128.4M | 122.4M | 206.6M | 178.6M | 205.3M | 215.6M | |
| Total Stockholder Equity | 62.1M | 67.7M | 137.0M | 123.7M | 142.2M | 149.3M | |
| Accounts Payable | 18.6M | 1.5M | 81.5M | 59.6M | 68.5M | 72.0M | |
| Cash | 53.5M | 33.3M | 29.3M | 91.8M | 105.6M | 110.8M | |
| Other Current Assets | 8.9M | 41.5M | 2.9M | 4.1M | 4.7M | 4.3M | |
| Total Liab | 224.8M | 203.9M | 231.8M | 278.8M | 320.7M | 336.7M | |
| Good Will | 46.1M | 19.2M | 42.0M | 46.9M | 54.0M | 32.8M | |
| Retained Earnings | (71.8M) | (65.6M) | (316.0M) | (353.9M) | (318.5M) | (302.6M) | |
| Net Receivables | 2.0M | 1.3M | 74.9M | 71.2M | 81.8M | 85.9M | |
| Total Current Assets | 70.1M | 82.3M | 227.9M | 226.2M | 260.1M | 273.1M | |
| Short Term Debt | 16.9M | 5.6M | 49.8M | 36.4M | 41.8M | 43.9M | |
| Short Long Term Debt Total | 93.2M | 24.3M | 56.2M | 109.3M | 125.7M | 81.5M | |
| Property Plant And Equipment Net | 137.1M | 31.9M | 6.1M | 19.4M | 17.4M | 16.6M | |
| Current Deferred Revenue | 38.5M | 10.9M | 11.2M | 15.4M | 13.8M | 18.2M | |
| Net Debt | 39.7M | (9.0M) | 26.9M | 17.5M | 15.8M | 15.0M | |
| Non Current Assets Total | 232.4M | 200.8M | 140.9M | 178.2M | 160.4M | 159.5M | |
| Non Currrent Assets Other | 20.7M | 142.0M | 107K | 4.1M | 3.7M | 3.5M | |
| Cash And Short Term Investments | 53.5M | 33.3M | 29.3M | 91.8M | 105.6M | 61.1M | |
| Liabilities And Stockholders Equity | 302.5M | 283.1M | 368.8M | 404.4M | 465.0M | 372.9M | |
| Non Current Liabilities Total | 96.5M | 81.6M | 25.1M | 100.3M | 90.2M | 63.5M | |
| Inventory | 5.8M | 6.1M | 111.2M | 53.1M | 61.1M | 40.4M | |
| Other Stockholder Equity | 130.8M | 127.8M | 448.1M | 473.6M | 544.6M | 287.8M | |
| Accumulated Other Comprehensive Income | 3.2M | 5.4M | 4.5M | 3.5M | 3.2M | 3.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MYnd Analytics is a strong investment it is important to analyze MYnd Analytics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYnd Analytics' future performance. For an informed investment choice regarding MYnd Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYnd Analytics. 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 information on how to trade MYnd Stock refer to our How to Trade MYnd Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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When running MYnd Analytics' price analysis, check to measure MYnd Analytics' 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 MYnd Analytics is operating at the current time. Most of MYnd Analytics' value examination focuses on studying past and present price action to predict the probability of MYnd Analytics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYnd Analytics' price. Additionally, you may evaluate how the addition of MYnd Analytics to your portfolios can decrease your overall portfolio volatility.
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Is MYnd Analytics' 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 MYnd Analytics. If investors know MYnd 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 MYnd Analytics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 18.593 | Quarterly Revenue Growth (0.39) | Return On Assets (0.07) | Return On Equity (1.36) |
The market value of MYnd Analytics is measured differently than its book value, which is the value of MYnd that is recorded on the company's balance sheet. Investors also form their own opinion of MYnd Analytics' value that differs from its market value or its book value, called intrinsic value, which is MYnd Analytics' 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 MYnd Analytics' market value can be influenced by many factors that don't directly affect MYnd Analytics' 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 MYnd Analytics' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYnd Analytics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYnd Analytics' 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.