Mister Capital Surpluse vs Cash And Short Term Investments Analysis

MCW Stock  USD 7.88  0.17  2.20%   
Mister Car financial indicator trend analysis is infinitely more than just investigating Mister Car Wash recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mister Car Wash is a good investment. Please check the relationship between Mister Car Capital Surpluse 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 Mister Car Wash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Capital Surpluse vs Cash And Short Term Investments

Capital Surpluse 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 Mister Car Wash Capital Surpluse account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mister Car's Capital Surpluse and Cash And Short Term Investments is 0.26. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Mister Car Wash, assuming nothing else is changed. The correlation between historical values of Mister Car's Capital Surpluse 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 Capital Surpluse of Mister Car Wash 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 Capital Surpluse i.e., Mister Car's Capital Surpluse and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Surpluse

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mister Car Wash balance sheet. This account contains Mister Car investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mister Car Wash 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 Mister Car's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mister Car Wash 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 Mister Car Wash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Mister Car's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 177.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 16.98 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses786.1M689.7M748.9M714.5M
Gross Profit493.2M608.0M647.7M553.4M

Mister Car fundamental ratios Correlations

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0.960.84-0.890.95-0.820.980.950.970.860.860.920.320.97-0.74-0.76-0.810.320.830.990.950.82-0.90.830.990.89
-0.91-0.950.82-0.87-0.82-0.86-0.92-0.86-0.96-0.75-0.92-0.6-0.910.950.950.72-0.6-0.59-0.82-0.73-0.620.73-0.94-0.8-0.95
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-0.9-0.990.63-0.89-0.760.95-0.8-0.92-0.85-0.98-0.79-0.91-0.8-0.891.00.61-0.8-0.37-0.75-0.69-0.640.63-0.99-0.71-0.97
-0.79-0.690.86-0.78-0.810.72-0.87-0.76-0.84-0.72-0.85-0.76-0.15-0.80.60.61-0.15-0.78-0.88-0.81-0.910.96-0.7-0.77-0.7
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0.690.47-0.940.640.83-0.590.80.650.720.520.570.64-0.190.71-0.35-0.37-0.78-0.190.860.790.61-0.830.460.870.56
0.960.83-0.920.940.99-0.820.990.930.970.850.880.910.290.96-0.73-0.75-0.880.290.860.950.86-0.930.830.980.87
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0.820.73-0.670.860.82-0.620.860.80.880.740.960.790.30.82-0.62-0.64-0.910.30.610.860.85-0.920.740.760.73
-0.86-0.730.88-0.86-0.90.73-0.91-0.83-0.92-0.76-0.91-0.85-0.12-0.870.610.630.96-0.12-0.83-0.93-0.93-0.92-0.73-0.87-0.75
0.951.0-0.680.950.83-0.940.870.960.921.00.870.950.740.94-0.98-0.99-0.70.740.460.830.780.74-0.730.790.99
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Mister Car Account Relationship Matchups

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