| MCVT Stock | | | USD 1.98 0.03 1.49% |
Mill City financial indicator trend analysis is infinitely more than just investigating Mill City Ventures recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mill City Ventures is a good investment. Please check the relationship between Mill City Change In Cash and its Cash Flow To Debt Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mill City Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Change In Cash vs Cash Flow To Debt Ratio
Change In Cash vs Cash Flow To Debt Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mill City Ventures Change In Cash account and
Cash Flow To Debt Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Mill City's Change In Cash and Cash Flow To Debt Ratio is 0.08. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Cash Flow To Debt Ratio in the same time period over historical financial statements of Mill City Ventures, assuming nothing else is changed. The correlation between historical values of Mill City's Change In Cash and Cash Flow To Debt Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Mill City Ventures are associated (or correlated) with its Cash Flow To Debt Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flow To Debt Ratio has no effect on the direction of Change In Cash i.e., Mill City's Change In Cash and Cash Flow To Debt Ratio go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Change In Cash
Cash Flow To Debt Ratio
Most indicators from Mill City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mill City Ventures 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 Mill City Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
At this time, Mill City's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.63 in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(9.21).
Mill City fundamental ratios Correlations
Click cells to compare fundamentals
Mill City Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mill City fundamental ratios Accounts
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