| 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 Free Cash Flow and its Free Cash Flow Per Share 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.
Free Cash Flow vs Free Cash Flow Per Share
Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mill City Ventures Free Cash Flow account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between Mill City's Free Cash Flow and Free Cash Flow Per Share is 0.99. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share 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 Free Cash Flow and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Mill City Ventures are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., Mill City's Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
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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