Meta Other Liab vs Total Current Assets 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 Total Current Assets 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 Total Current Assets

Other Liab vs Total Current Assets 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 Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Meta Financial's Other Liab and Total Current Assets is -0.29. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Assets 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 Total Current 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 Other Liab of Meta Financial Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Liab i.e., Meta Financial's Other Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

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.
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 Expense4.9M10.9M8.2M12.1M
Depreciation And Amortization53.5M50.7M45.9M48.2M

Meta Financial fundamental ratios Correlations

0.040.280.940.89-0.10.970.650.410.70.290.180.860.670.660.961.00.90.380.180.150.540.22-0.490.280.94
0.040.04-0.03-0.320.62-0.05-0.30.630.040.150.390.28-0.270.28-0.160.05-0.310.360.93-0.06-0.2-0.02-0.250.35-0.19
0.280.040.140.22-0.260.180.360.290.05-0.27-0.090.420.410.250.250.290.20.450.130.920.50.05-0.18-0.020.22
0.94-0.030.140.93-0.040.940.470.230.640.310.20.680.490.740.970.920.930.260.080.00.450.28-0.490.440.97
0.89-0.320.220.93-0.240.910.610.050.560.17-0.040.580.620.640.970.880.990.14-0.190.110.510.15-0.410.330.97
-0.10.62-0.26-0.04-0.24-0.01-0.16-0.080.260.480.25-0.01-0.15-0.02-0.15-0.1-0.19-0.180.43-0.340.02-0.07-0.170.21-0.14
0.97-0.050.180.940.91-0.010.730.30.820.470.110.820.740.540.950.960.940.160.080.050.650.13-0.460.230.95
0.65-0.30.360.470.61-0.160.730.160.760.42-0.210.731.0-0.020.610.670.66-0.03-0.160.320.86-0.11-0.24-0.280.62
0.410.630.290.230.05-0.080.30.160.290.190.190.670.180.280.180.430.060.450.780.20.15-0.06-0.240.170.15
0.70.040.050.640.560.260.820.760.290.850.040.750.760.070.630.70.65-0.160.13-0.030.81-0.05-0.28-0.080.65
0.290.15-0.270.310.170.480.470.420.190.850.010.390.4-0.20.220.280.28-0.480.2-0.320.6-0.18-0.12-0.040.27
0.180.39-0.090.2-0.040.250.11-0.210.190.040.010.2-0.190.290.140.18-0.050.550.33-0.32-0.20.65-0.090.020.13
0.860.280.420.680.58-0.010.820.730.670.750.390.20.750.410.720.880.620.450.420.310.650.15-0.50.060.7
0.67-0.270.410.490.62-0.150.741.00.180.760.4-0.190.750.020.630.690.670.01-0.140.360.87-0.1-0.25-0.270.63
0.660.280.250.740.64-0.020.54-0.020.280.07-0.20.290.410.020.680.650.580.550.310.11-0.040.31-0.580.660.65
0.96-0.160.250.970.97-0.150.950.610.180.630.220.140.720.630.680.950.960.31-0.030.120.530.3-0.490.320.99
1.00.050.290.920.88-0.10.960.670.430.70.280.180.880.690.650.950.890.390.190.160.550.21-0.490.250.93
0.9-0.310.20.930.99-0.190.940.660.060.650.28-0.050.620.670.580.960.890.07-0.170.080.590.12-0.410.30.97
0.380.360.450.260.14-0.180.16-0.030.45-0.16-0.480.550.450.010.550.310.390.070.430.37-0.170.65-0.290.180.25
0.180.930.130.08-0.190.430.08-0.160.780.130.20.330.42-0.140.31-0.030.19-0.170.430.01-0.080.07-0.220.44-0.04
0.15-0.060.920.00.11-0.340.050.320.2-0.03-0.32-0.320.310.360.110.120.160.080.370.010.43-0.02-0.1-0.160.08
0.54-0.20.50.450.510.020.650.860.150.810.6-0.20.650.87-0.040.530.550.59-0.17-0.080.43-0.13-0.21-0.20.55
0.22-0.020.050.280.15-0.070.13-0.11-0.06-0.05-0.180.650.15-0.10.310.30.210.120.650.07-0.02-0.13-0.090.160.32
-0.49-0.25-0.18-0.49-0.41-0.17-0.46-0.24-0.24-0.28-0.12-0.09-0.5-0.25-0.58-0.49-0.49-0.41-0.29-0.22-0.1-0.21-0.09-0.39-0.49
0.280.35-0.020.440.330.210.23-0.280.17-0.08-0.040.020.06-0.270.660.320.250.30.180.44-0.16-0.20.16-0.390.35
0.94-0.190.220.970.97-0.140.950.620.150.650.270.130.70.630.650.990.930.970.25-0.040.080.550.32-0.490.35
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Meta Financial Account Relationship Matchups

Meta Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.7B6.7B7.5B7.5B7.9B
Short Long Term Debt Total107.4M97.9M40.6M46.9M410.4M278.0M
Total Current Liabilities1.9M579K5.8B13M377M396.0M
Total Stockholder Equity843.7M870.7M645.2M651.6M839.9M881.9M
Property Plant And Equipment Net247.6M258.0M246.1M250.9M244.4M256.6M
Net Debt(329.1M)(221.2M)(352.0M)(328.7M)410.4M430.9M
Retained Earnings234.9M259.2M245.4M278.7M354.5M372.2M
Accounts Payable9.4M1.9M579K5.9B6.7B7.1B
Cash427.4M314.0M388.0M375.6M431.9M453.5M
Non Current Assets Total2.0B2.5B2.5B2.4B7.4B7.7B
Non Currrent Assets Other(74.7M)(92.5M)(2.5B)(2.4B)6.1B6.4B
Other Assets2.9B3.0B1.7B2.7B3.1B2.1B
Cash And Short Term Investments1.2B1.2B2.3B2.2B2.5B2.6B
Net Receivables16.6M16.3M228.7M206.7M237.7M249.6M
Common Stock Shares Outstanding35.7M31.8M29.2M26.9M25.2M17.0M
Liabilities And Stockholders Equity6.1B6.7B6.7B7.5B7.5B7.9B
Other Stockholder Equity590.9M603.6M612.6M628.2M638.6M670.5M
Total Liab5.2B5.8B6.1B6.9B6.7B7.0B
Property Plant And Equipment Gross247.6M258.0M246.1M250.9M288.5M303.0M
Total Current Assets1.3B1.2B2.5B2.4B189.7M180.2M
Short Term Debt9.2M5.1M4.5M13M377M219.1M
Other Current Liab(1.9M)(579K)5.8B(13M)(15.0M)(14.2M)
Non Current Liabilities Total98.2M92.8M6.1B33.9M6.3B6.6B
Other Current Assets462.3M342.9M406.0M398.9M189.7M180.2M
Accumulated Other Comprehensive Income17.5M7.6M(213.1M)(255.4M)(153.4M)(145.7M)
Long Term Debt98.2M92.8M36.0M33.9M30.5M58.9M
Common Stock Total Equity378K344K317K288K331.2K347.8K
Short Term Investments814.5M847.9M1.9B1.8B2.1B2.2B
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 Assets41.7M33.1M25.7M20.7M23.8M18.4M
Common Stock344K317K288K262K248K260.4K
Property Plant Equipment254.5M257.5M258.0M246.1M283.0M297.1M
Net Tangible Assets477.6M492.5M528.1M310.0M356.5M332.7M
Long Term Debt Total105.8M98.2M92.8M36.0M41.4M64.3M
Capital Surpluse580.8M594.6M604.5M617.4M710.0M378.3M

Currently Active Assets on Macroaxis

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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.