MYnd Total Current Assets vs Net Working Capital Analysis
MYND Stock | USD 2.43 0.03 1.22% |
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 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 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.
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 MYnd Analytics Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between MYnd Analytics' Total Current Assets and Net Working Capital is 0.77. 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 MYnd Analytics, assuming nothing else is changed. The correlation between historical values of MYnd Analytics' 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 MYnd Analytics 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., MYnd Analytics' Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
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 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.At present, MYnd Analytics' Enterprise Value is projected to increase significantly based on the last few years of reporting.
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 |
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 MYnd Analytics 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, MYnd Analytics' short interest history, or implied volatility extrapolated from MYnd Analytics options trading.
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Try AI Portfolio ArchitectCheck 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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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.