Mitek Total Current Assets from 2010 to 2024

MITK Stock  USD 9.24  0.14  1.54%   
Mitek Systems Total Current Assets yearly trend continues to be quite stable with very little volatility. Total Current Assets may rise above about 229.4 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1988-09-30
Previous Quarter
201.6 M
Current Value
195.7 M
Quarterly Volatility
50.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.4 M, Interest Expense of 8.6 M or Total Revenue of 208.4 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.

Latest Mitek Systems' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Mitek Systems over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Mitek Systems' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Mitek Total Current Assets Regression Statistics

Arithmetic Mean89,962,158
Geometric Mean57,012,902
Coefficient Of Variation90.13
Mean Deviation69,506,190
Median50,876,000
Standard Deviation81,079,810
Sample Variance6573.9T
Range223M
R-Value0.91
Mean Square Error1275.9T
R-Squared0.82
Slope16,415,216
Total Sum of Squares92035.1T

Mitek Total Current Assets History

2024229.4 M
2023218.5 M
2022190 M
2021129.1 M
2020204.1 M
201984.1 M
201854.1 M

About Mitek Systems Financial Statements

Mitek Systems investors utilize fundamental indicators, such as Total Current Assets, to predict how Mitek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Assets218.5 M229.4 M

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When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Application Software space 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 Mitek Systems. If investors know Mitek 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 Mitek Systems 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
(0.94)
Earnings Share
(0.14)
Revenue Per Share
3.59
Quarterly Revenue Growth
0.044
Return On Assets
(0.01)
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' 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 Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' 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.