Meta Other Liab vs Accounts Payable Analysis
CASH Stock | USD 80.78 1.26 1.58% |
Meta Financial financial indicator trend analysis is infinitely more than just investigating Meta Financial Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meta Financial Group is a good investment. Please check the relationship between Meta Financial Other Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Meta Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Other Liab vs Accounts Payable
Other Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meta Financial Group Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Meta Financial's Other Liab and Accounts Payable is -0.24. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Meta Financial Group, assuming nothing else is changed. The correlation between historical values of Meta Financial's Other Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Meta Financial Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., Meta Financial's Other Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Liab
Accounts Payable
An accounting item on the balance sheet that represents Meta Financial 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 Meta Financial Group 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.Most indicators from Meta Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meta Financial Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Meta Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, Meta Financial's Enterprise Value Multiple is decreasing as compared to previous years. The Meta Financial's current Enterprise Value is estimated to increase to about 2.2 B, while Tax Provision is projected to decrease to under 9.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.9M | 10.9M | 8.2M | 12.1M | Depreciation And Amortization | 53.5M | 50.7M | 45.9M | 48.2M |
Meta Financial fundamental ratios Correlations
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Meta Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meta Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.1B | 6.7B | 6.7B | 7.5B | 7.5B | 7.9B | |
Short Long Term Debt Total | 107.4M | 97.9M | 40.6M | 46.9M | 410.4M | 278.0M | |
Total Current Liabilities | 1.9M | 579K | 5.8B | 13M | 377M | 396.0M | |
Total Stockholder Equity | 843.7M | 870.7M | 645.2M | 651.6M | 839.9M | 881.9M | |
Property Plant And Equipment Net | 247.6M | 258.0M | 246.1M | 250.9M | 244.4M | 256.6M | |
Net Debt | (329.1M) | (221.2M) | (352.0M) | (328.7M) | 410.4M | 430.9M | |
Retained Earnings | 234.9M | 259.2M | 245.4M | 278.7M | 354.5M | 372.2M | |
Accounts Payable | 9.4M | 1.9M | 579K | 5.9B | 6.7B | 7.1B | |
Cash | 427.4M | 314.0M | 388.0M | 375.6M | 431.9M | 453.5M | |
Non Current Assets Total | 2.0B | 2.5B | 2.5B | 2.4B | 7.4B | 7.7B | |
Non Currrent Assets Other | (74.7M) | (92.5M) | (2.5B) | (2.4B) | 6.1B | 6.4B | |
Other Assets | 2.9B | 3.0B | 1.7B | 2.7B | 3.1B | 2.1B | |
Cash And Short Term Investments | 1.2B | 1.2B | 2.3B | 2.2B | 2.5B | 2.6B | |
Net Receivables | 16.6M | 16.3M | 228.7M | 206.7M | 237.7M | 249.6M | |
Common Stock Shares Outstanding | 35.7M | 31.8M | 29.2M | 26.9M | 25.2M | 17.0M | |
Liabilities And Stockholders Equity | 6.1B | 6.7B | 6.7B | 7.5B | 7.5B | 7.9B | |
Other Stockholder Equity | 590.9M | 603.6M | 612.6M | 628.2M | 638.6M | 670.5M | |
Total Liab | 5.2B | 5.8B | 6.1B | 6.9B | 6.7B | 7.0B | |
Property Plant And Equipment Gross | 247.6M | 258.0M | 246.1M | 250.9M | 288.5M | 303.0M | |
Total Current Assets | 1.3B | 1.2B | 2.5B | 2.4B | 189.7M | 180.2M | |
Short Term Debt | 9.2M | 5.1M | 4.5M | 13M | 377M | 219.1M | |
Other Current Liab | (1.9M) | (579K) | 5.8B | (13M) | (15.0M) | (14.2M) | |
Non Current Liabilities Total | 98.2M | 92.8M | 6.1B | 33.9M | 6.3B | 6.6B | |
Other Current Assets | 462.3M | 342.9M | 406.0M | 398.9M | 189.7M | 180.2M | |
Accumulated Other Comprehensive Income | 17.5M | 7.6M | (213.1M) | (255.4M) | (153.4M) | (145.7M) | |
Long Term Debt | 98.2M | 92.8M | 36.0M | 33.9M | 30.5M | 58.9M | |
Common Stock Total Equity | 378K | 344K | 317K | 288K | 331.2K | 347.8K | |
Short Term Investments | 814.5M | 847.9M | 1.9B | 1.8B | 2.1B | 2.2B | |
Inventory | (462.3M) | (342.9M) | (406.0M) | (398.9M) | (359.0M) | (341.0M) | |
Treasury Stock | (2.0M) | (445K) | (3.7M) | (860K) | (989K) | (1.0M) | |
Intangible Assets | 41.7M | 33.1M | 25.7M | 20.7M | 23.8M | 18.4M | |
Common Stock | 344K | 317K | 288K | 262K | 248K | 260.4K | |
Property Plant Equipment | 254.5M | 257.5M | 258.0M | 246.1M | 283.0M | 297.1M | |
Net Tangible Assets | 477.6M | 492.5M | 528.1M | 310.0M | 356.5M | 332.7M | |
Long Term Debt Total | 105.8M | 98.2M | 92.8M | 36.0M | 41.4M | 64.3M | |
Capital Surpluse | 580.8M | 594.6M | 604.5M | 617.4M | 710.0M | 378.3M |
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When determining whether Meta Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meta Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Financial Group Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Meta Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks 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 Meta Financial. If investors know Meta 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 Meta Financial 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 (0.01) | Earnings Share 6.62 | Revenue Per Share 28.289 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0225 |
The market value of Meta Financial Group is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Financial's value that differs from its market value or its book value, called intrinsic value, which is Meta Financial'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 Meta Financial's market value can be influenced by many factors that don't directly affect Meta Financial'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 Meta Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Financial'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.