Microba Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

MAP Stock   0.19  0.01  5.56%   
Microba Life financial indicator trend analysis is infinitely more than just investigating Microba Life Sciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microba Life Sciences is a good investment. Please check the relationship between Microba Life Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microba Life Sciences. 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.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microba Life Sciences Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Microba Life's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.49. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Microba Life Sciences, assuming nothing else is changed. The correlation between historical values of Microba Life's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Microba Life Sciences are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Microba Life's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Microba Life Sciences balance sheet. This account contains Microba Life investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Microba Life Sciences fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Microba Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microba Life Sciences 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 Microba Life Sciences. 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.
At this time, Microba Life's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 19.6 M in 2024, whereas Tax Provision is likely to drop 4,690 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense8.3K60.4K69.2K40.8K
Depreciation And Amortization1.5M1.6M2.9M1.7M

Microba Life fundamental ratios Correlations

0.960.840.870.990.950.83-0.85-0.920.860.860.70.620.860.910.850.210.680.740.730.840.940.980.731.00.94
0.960.760.840.950.980.89-0.81-0.870.80.830.680.60.830.870.790.430.680.70.550.810.890.980.70.950.99
0.840.760.980.80.780.68-0.62-0.970.990.630.90.850.630.960.91-0.10.870.940.790.970.740.830.930.860.68
0.870.840.980.840.840.79-0.67-0.990.970.680.920.870.680.970.890.060.90.950.710.990.780.880.940.890.77
0.990.950.80.840.920.82-0.91-0.890.840.920.640.550.920.90.790.260.620.680.720.80.970.960.680.980.94
0.950.980.780.840.920.81-0.71-0.870.820.730.760.70.730.870.880.390.760.760.510.840.820.960.770.930.96
0.830.890.680.790.820.81-0.76-0.830.660.770.590.520.770.750.610.30.590.650.520.750.820.90.60.850.83
-0.85-0.81-0.62-0.67-0.91-0.71-0.760.73-0.66-1.0-0.39-0.27-1.0-0.77-0.47-0.36-0.36-0.43-0.65-0.6-0.98-0.82-0.42-0.82-0.84
-0.92-0.87-0.97-0.99-0.89-0.87-0.830.73-0.96-0.74-0.88-0.82-0.74-0.98-0.89-0.07-0.86-0.92-0.75-0.98-0.84-0.92-0.9-0.93-0.81
0.860.80.990.970.840.820.66-0.66-0.960.670.90.840.670.990.910.020.870.920.750.960.770.850.920.880.75
0.860.830.630.680.920.730.77-1.0-0.740.670.40.291.00.780.490.370.380.440.650.610.980.840.440.840.86
0.70.680.90.920.640.760.59-0.39-0.880.90.40.990.40.850.90.051.00.990.480.960.520.71.00.720.61
0.620.60.850.870.550.70.52-0.27-0.820.840.290.990.290.780.870.020.990.980.40.920.410.620.980.640.52
0.860.830.630.680.920.730.77-1.0-0.740.671.00.40.290.780.490.370.380.440.650.610.980.840.440.840.86
0.910.870.960.970.90.870.75-0.77-0.980.990.780.850.780.780.870.130.830.880.750.950.860.910.880.920.83
0.850.790.910.890.790.880.61-0.47-0.890.910.490.90.870.490.87-0.030.880.90.650.910.640.830.910.860.73
0.210.43-0.10.060.260.390.3-0.36-0.070.020.370.050.020.370.13-0.030.1-0.03-0.430.070.270.260.040.140.52
0.680.680.870.90.620.760.59-0.36-0.860.870.381.00.990.380.830.880.10.980.410.950.490.680.990.690.6
0.740.70.940.950.680.760.65-0.43-0.920.920.440.990.980.440.880.9-0.030.980.580.980.570.740.990.760.61
0.730.550.790.710.720.510.52-0.65-0.750.750.650.480.40.650.750.65-0.430.410.580.640.740.680.520.770.49
0.840.810.970.990.80.840.75-0.6-0.980.960.610.960.920.610.950.910.070.950.980.640.720.840.970.860.74
0.940.890.740.780.970.820.82-0.98-0.840.770.980.520.410.980.860.640.270.490.570.740.720.920.560.920.9
0.980.980.830.880.960.960.9-0.82-0.920.850.840.70.620.840.910.830.260.680.740.680.840.920.720.980.95
0.730.70.930.940.680.770.6-0.42-0.90.920.441.00.980.440.880.910.040.990.990.520.970.560.720.750.63
1.00.950.860.890.980.930.85-0.82-0.930.880.840.720.640.840.920.860.140.690.760.770.860.920.980.750.91
0.940.990.680.770.940.960.83-0.84-0.810.750.860.610.520.860.830.730.520.60.610.490.740.90.950.630.91
Click cells to compare fundamentals

Microba Life Account Relationship Matchups

Microba Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8M18.5M39.5M47.0M58.0M34.4M
Short Long Term Debt Total563.6K269.0K1.3M1.1M1.6M968.7K
Other Current Liab988.1K1.7M1.1M3.9M5.3M5.5M
Total Current Liabilities2.8M3.4M5.3M7.8M12.4M13.0M
Total Stockholder Equity7.7M14.9M33.5M38.6M41.2M27.2M
Property Plant And Equipment Net1.6M1.2M2.8M2.6M3.9M2.5M
Current Deferred Revenue1.1M1.1M2.6M1.3M2.2M1.6M
Net Debt(6.3M)(12.8M)(29.3M)(30.9M)(19.3M)(20.3M)
Retained Earnings(12.2M)(19.7M)(31.2M)(43.9M)(63.8M)(60.6M)
Accounts Payable392.3K353.5K813.2K3.0M3.7M3.9M
Cash6.9M13.0M30.6M32.0M20.9M21.0M
Non Current Assets Total2.7M2.3M3.7M5.4M25.8M27.1M
Cash And Short Term Investments6.9M13.0M30.6M32.0M20.9M21.0M
Net Receivables622.8K376.3K3.4M7.2M8.1M8.5M
Long Term Debt Total245.4K66.8K483.8K234.1K269.2K287.6K
Liabilities And Stockholders Equity10.8M18.5M39.5M47.0M58.0M34.4M
Non Current Liabilities Total260.6K110.4K678.6K404.1K4.5M4.7M
Inventory340.8K513.3K360.0K644.4K2.2M2.4M
Other Current Assets244.6K1.0M204.4K1.6M1.0M781.9K
Other Stockholder Equity622.9K1.2M78.2K2.1M2.4M2.5M
Total Liab3.1M3.5M5.9M8.2M16.8M17.7M
Total Current Assets8.1M16.2M35.8M41.5M32.2M26.7M
Accumulated Other Comprehensive Income622.9K1.2M1.9M2.1M2.2M1.5M
Cash And Equivalents49.8K50.3K204.4K12.4M14.3M15.0M
Short Term Debt318.2K202.3K841.4K901.7K1.2M660.2K
Intangible Assets118.7K246.3K853.9K2.8M13.4M14.1M
Common Stock19.3M33.5M62.9M80.4M102.9M58.1M
Property Plant Equipment1.6M1.2M2.8M2.6M3.0M2.2M

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Additional Tools for Microba Stock Analysis

When running Microba Life's price analysis, check to measure Microba Life's 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 Microba Life is operating at the current time. Most of Microba Life's value examination focuses on studying past and present price action to predict the probability of Microba Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microba Life's price. Additionally, you may evaluate how the addition of Microba Life to your portfolios can decrease your overall portfolio volatility.