Microequities Retained Earnings vs Non Currrent Assets Other Analysis

MAM Stock   0.52  0.01  1.96%   
Microequities Asset financial indicator trend analysis is infinitely more than just investigating Microequities Asset recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microequities Asset is a good investment. Please check the relationship between Microequities Asset Retained Earnings and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microequities Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microequities Asset Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Microequities Asset's Retained Earnings and Non Currrent Assets Other is -0.52. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Microequities Asset Management, assuming nothing else is changed. The correlation between historical values of Microequities Asset's Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Microequities Asset Management are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Microequities Asset's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Microequities Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microequities Asset 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 Microequities Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 3.1 M in 2024. Tax Provision is likely to gain to about 2.7 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit25.1M11.4M9.9M11.7M
Total Revenue25.3M11.7M12.9M12.7M

Microequities Asset fundamental ratios Correlations

0.40.150.580.99-0.750.980.320.950.58-0.450.90.62-0.060.12-0.260.80.890.460.140.670.970.64-0.130.850.72
0.4-0.550.230.33-0.120.330.550.36-0.280.130.420.13-0.180.250.320.560.420.990.120.780.510.810.150.380.42
0.15-0.550.680.12-0.470.11-0.080.260.34-0.220.270.720.4-0.63-0.370.230.36-0.550.09-0.280.01-0.31-0.49-0.05-0.05
0.580.230.680.48-0.670.460.370.670.16-0.170.720.960.28-0.5-0.150.80.810.230.160.370.50.36-0.390.310.32
0.990.330.120.48-0.751.00.290.930.69-0.510.870.53-0.110.2-0.320.690.840.40.140.640.970.6-0.10.880.75
-0.75-0.12-0.47-0.67-0.75-0.73-0.58-0.88-0.580.46-0.92-0.65-0.24-0.080.56-0.56-0.9-0.18-0.39-0.47-0.77-0.420.06-0.7-0.76
0.980.330.110.461.0-0.730.270.920.68-0.520.850.53-0.130.21-0.30.690.830.40.110.640.960.6-0.090.870.73
0.320.55-0.080.370.29-0.580.270.420.04-0.050.610.260.430.19-0.230.370.560.550.570.530.480.540.170.40.68
0.950.360.260.670.93-0.880.920.420.51-0.420.970.670.00.13-0.360.790.960.420.190.650.920.61-0.060.830.75
0.58-0.280.340.160.69-0.580.680.040.51-0.670.450.28-0.050.14-0.460.060.41-0.20.140.190.590.13-0.230.550.49
-0.450.13-0.22-0.17-0.510.46-0.52-0.05-0.42-0.67-0.37-0.270.26-0.21-0.16-0.13-0.350.070.16-0.51-0.46-0.46-0.29-0.32-0.27
0.90.420.270.720.87-0.920.850.610.970.45-0.370.690.150.11-0.390.80.990.470.320.660.910.63-0.060.80.8
0.620.130.720.960.53-0.650.530.260.670.28-0.270.690.19-0.54-0.180.760.80.130.060.330.520.3-0.40.330.3
-0.06-0.180.40.28-0.11-0.24-0.130.430.0-0.050.260.150.19-0.19-0.360.130.15-0.240.56-0.29-0.08-0.25-0.3-0.120.07
0.120.25-0.63-0.50.2-0.080.210.190.130.14-0.210.11-0.54-0.190.02-0.19-0.030.260.090.350.260.320.390.20.24
-0.260.32-0.37-0.15-0.320.56-0.3-0.23-0.36-0.46-0.16-0.39-0.18-0.360.020.01-0.330.27-0.510.32-0.260.360.28-0.46-0.52
0.80.560.230.80.69-0.560.690.370.790.06-0.130.80.760.13-0.190.010.850.550.10.60.720.61-0.180.540.45
0.890.420.360.810.84-0.90.830.560.960.41-0.350.990.80.15-0.03-0.330.850.460.280.650.880.62-0.140.740.73
0.460.99-0.550.230.4-0.180.40.550.42-0.20.070.470.13-0.240.260.270.550.460.140.810.570.840.190.470.5
0.140.120.090.160.14-0.390.110.570.190.140.160.320.060.560.09-0.510.10.280.14-0.010.220.04-0.130.380.58
0.670.78-0.280.370.64-0.470.640.530.650.19-0.510.660.33-0.290.350.320.60.650.81-0.010.760.990.30.550.56
0.970.510.010.50.97-0.770.960.480.920.59-0.460.910.52-0.080.26-0.260.720.880.570.220.760.73-0.040.880.82
0.640.81-0.310.360.6-0.420.60.540.610.13-0.460.630.3-0.250.320.360.610.620.840.040.990.730.290.530.55
-0.130.15-0.49-0.39-0.10.06-0.090.17-0.06-0.23-0.29-0.06-0.4-0.30.390.28-0.18-0.140.19-0.130.3-0.040.290.120.17
0.850.38-0.050.310.88-0.70.870.40.830.55-0.320.80.33-0.120.2-0.460.540.740.470.380.550.880.530.120.93
0.720.42-0.050.320.75-0.760.730.680.750.49-0.270.80.30.070.24-0.520.450.730.50.580.560.820.550.170.93
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Microequities Asset Account Relationship Matchups

Microequities Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6M10.7M24.2M20.7M21.7M28.4M
Other Current Liab879.1K3.4M878.8K963.5K(1.3M)(1.2M)
Total Current Liabilities1.0M3.8M1.3M1.4M2.4M1.9M
Total Stockholder Equity8.6M9.6M20.0M18.8M19.5M21.0M
Net Debt(3.6M)(11.7M)(6.0M)(5.6M)(4.2M)(4.4M)
Retained Earnings5.6M6.3M16.4M15.8M16.4M18.0M
Accounts Payable73.5K150.8K280.1K185.1K192.6K246.6K
Cash4.7M3.7M11.8M6.7M6.2M9.5M
Non Current Assets Total6.0M9.1M11.8M13.8M310.8K295.3K
Non Currrent Assets Other141.1K(9.1M)140.7K(13.8M)(310.8K)(326.4K)
Cash And Short Term Investments3.7M12.1M7.2M6.4M9.7M5.9M
Net Receivables580.3K635.2K2.9M1.4M1.4M1.6M
Liabilities And Stockholders Equity10.7M24.2M20.7M21.7M28.4M14.8M
Other Current Assets(4.3M)306.1K1.1M728.1K887.5K931.9K
Other Stockholder Equity(1.0M)(1.0M)(1.7M)1.00.90.95
Total Liab994.8K1.1M4.2M1.9M2.2M7.4M
Total Current Assets4.5M15.1M8.8M8.0M12.2M7.5M
Accumulated Other Comprehensive Income667.2K1.3M80.2K253.2K456.4K372.2K
Common Stock2.6M2.3M3.0M2.9M2.6M3.1M
Other Liab24.0K437.2K78.9K512.8K589.7K619.2K
Net Tangible Assets9.6M20.0M18.8M19.5M22.4M12.9M
Other Assets189.5K9.2M174.7K13.4M15.9M16.7M
Common Stock Shares Outstanding132.6M133.1M130.8M131.8M133.1M127.3M
Non Current Liabilities Total943.6K4.1M1.7M2.0M5.1M2.9M
Net Invested Capital9.8M20.1M19.0M20.1M26.3M17.3M
Current Deferred Revenue(134.3K)(88.6K)(195.0K)(205.8K)(227.4K)(238.8K)
Capital Stock2.6M2.3M3.0M2.9M2.6M2.9M

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