MongoDB Short Term Investments vs Net Receivables Analysis

MDB Stock  USD 332.50  17.06  5.41%   
MongoDB financial indicator trend analysis is infinitely more than just investigating MongoDB recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MongoDB is a good investment. Please check the relationship between MongoDB Short Term Investments and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MongoDB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MongoDB Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MongoDB's Short Term Investments and Net Receivables is 0.86. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of MongoDB, assuming nothing else is changed. The correlation between historical values of MongoDB's Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of MongoDB are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Investments i.e., MongoDB's Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

Short Term Investments is an item under the current assets section of MongoDB balance sheet. It contains any investments MongoDB undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that MongoDB can easily liquidate in the marketplace.

Net Receivables

Most indicators from MongoDB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MongoDB 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 MongoDB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.At present, MongoDB's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 203.2 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization24.5M29.2M32.1M17.5M
Interest Income926K24.9M80.2M84.2M

MongoDB fundamental ratios Correlations

0.980.990.860.350.860.880.980.92-0.930.840.830.980.910.920.961.00.890.920.90.910.970.970.940.91-0.34
0.980.980.830.310.810.890.960.93-0.920.820.820.970.890.910.960.980.870.920.890.90.940.960.940.88-0.37
0.990.980.850.350.860.891.00.95-0.930.850.790.970.90.920.950.990.890.90.890.890.980.950.930.91-0.35
0.860.830.850.540.990.80.850.71-0.950.930.840.850.950.960.760.860.960.770.830.740.850.790.710.98-0.2
0.350.310.350.540.580.620.370.21-0.380.340.290.450.340.360.260.330.360.430.660.190.330.320.10.460.09
0.860.810.860.990.580.810.870.72-0.920.90.780.840.920.940.750.860.930.750.840.70.870.780.690.97-0.25
0.880.890.890.80.620.810.880.87-0.820.70.770.950.790.810.890.880.770.920.980.770.840.910.810.83-0.32
0.980.961.00.850.370.870.880.94-0.930.840.770.960.890.910.930.980.890.880.890.870.980.940.910.9-0.34
0.920.930.950.710.210.720.870.94-0.840.720.720.930.820.830.940.920.790.880.820.880.930.920.940.8-0.44
-0.93-0.92-0.93-0.95-0.38-0.92-0.82-0.93-0.84-0.98-0.89-0.91-0.99-1.0-0.88-0.92-0.99-0.85-0.84-0.86-0.9-0.89-0.86-0.990.17
0.840.820.850.930.340.90.70.840.72-0.980.860.810.980.970.760.830.990.730.730.780.810.780.760.97-0.04
0.830.820.790.840.290.780.770.770.72-0.890.860.850.890.890.870.830.870.870.80.820.70.880.840.87-0.11
0.980.970.970.850.450.840.950.960.93-0.910.810.850.890.90.970.980.870.970.950.910.930.980.930.89-0.3
0.910.890.90.950.340.920.790.890.82-0.990.980.890.891.00.850.91.00.820.80.850.880.850.840.99-0.19
0.920.910.920.960.360.940.810.910.83-1.00.970.890.91.00.860.910.990.830.830.850.90.870.850.99-0.22
0.960.960.950.760.260.750.890.930.94-0.880.760.870.970.850.860.960.820.960.890.920.890.990.980.83-0.33
1.00.980.990.860.330.860.880.980.92-0.920.830.830.980.90.910.960.880.920.890.910.970.970.940.9-0.37
0.890.870.890.960.360.930.770.890.79-0.990.990.870.871.00.990.820.880.790.790.830.860.830.810.99-0.12
0.920.920.90.770.430.750.920.880.88-0.850.730.870.970.820.830.960.920.790.930.930.830.950.910.82-0.25
0.90.890.890.830.660.840.980.890.82-0.840.730.80.950.80.830.890.890.790.930.760.840.920.790.85-0.23
0.910.90.890.740.190.70.770.870.88-0.860.780.820.910.850.850.920.910.830.930.760.850.890.940.81-0.25
0.970.940.980.850.330.870.840.980.93-0.90.810.70.930.880.90.890.970.860.830.840.850.890.880.89-0.45
0.970.960.950.790.320.780.910.940.92-0.890.780.880.980.850.870.990.970.830.950.920.890.890.960.85-0.3
0.940.940.930.710.10.690.810.910.94-0.860.760.840.930.840.850.980.940.810.910.790.940.880.960.8-0.34
0.910.880.910.980.460.970.830.90.8-0.990.970.870.890.990.990.830.90.990.820.850.810.890.850.8-0.2
-0.34-0.37-0.35-0.20.09-0.25-0.32-0.34-0.440.17-0.04-0.11-0.3-0.19-0.22-0.33-0.37-0.12-0.25-0.23-0.25-0.45-0.3-0.34-0.2
Click cells to compare fundamentals

MongoDB Account Relationship Matchups

MongoDB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B2.4B2.6B2.9B1.5B
Other Current Liab68.3M121.8M156.9M137.3M181.2M92.9M
Total Current Liabilities242.4M354.5M526.7M588.5M564.2M335.8M
Total Stockholder Equity82.9M(5.0M)666.7M739.5M1.1B1.1B
Other Liab24.9M26.8M23.3M41.0M47.2M41.3M
Net Tangible Assets(7.8M)(87.1M)588.3M670.3M770.8M809.4M
Property Plant And Equipment Net69.5M97.0M104.4M99.0M90.4M73.9M
Current Deferred Revenue167.5M221.4M352.0M428.7M357.1M231.5M
Net Debt216.7M549.5M709.4M729.0M424.7M309.7M
Retained Earnings(668.2M)(935.4M)(1.2B)(1.5B)(1.7B)(1.6B)
Accounts Payable2.8M4.1M5.2M8.3M9.9M10.4M
Cash706.2M429.7M473.9M455.8M803.0M843.1M
Non Current Assets Total215.4M265.6M332.2M352.3M386.0M222.3M
Non Currrent Assets Other54.2M84.6M142.2M171.2M209.1M219.5M
Other Assets55.3M86.1M149.4M174.3M200.4M210.4M
Long Term Debt911.1M937.7M1.1B1.1B1.1B670.7M
Cash And Short Term Investments986.5M957.7M1.8B1.8B2.0B1.1B
Net Receivables85.6M135.2M195.4M285.2M325.6M341.9M
Common Stock Total Equity57K61K67K70K80.5K52.9K
Common Stock Shares Outstanding55.9M59.0M64.6M68.6M71.2M58.1M
Short Term Investments280.3M528.0M1.4B1.4B1.2B662.0M
Long Term Debt Total970.3M937.7M1.1B1.1B1.3B692.0M
Liabilities And Stockholders Equity1.3B1.4B2.4B2.6B2.9B1.5B
Non Current Liabilities Total1.0B1.1B1.3B1.3B1.2B841.0M
Capital Surpluse752.1M932.3M1.9B2.3B2.6B2.7B
Inventory24.2M36.6M(1.4B)83.6M75.2M79.0M
Other Current Assets16.9M49.0M96.1M146.0M142.6M149.7M
Other Stockholder Equity750.8M931.0M1.9B2.3B2.8B2.9B
Total Liab1.2B1.4B1.8B1.8B1.8B1.2B
Deferred Long Term Liab821K773K81K225K202.5K192.4K
Property Plant And Equipment Gross69.5M97.0M104.4M99.0M115.2M76.9M
Total Current Assets1.1B1.1B2.1B2.2B2.5B1.3B
Accumulated Other Comprehensive Income225K(704K)(2.9M)(905K)4.5M4.8M
Intangible Assets34.8M26.3M20.6M11.4M4.0M3.8M
Common Stock57K61K67K70K73K56.0K
Property Plant Equipment69.5M97.0M104.4M57.8M66.5M65.0M
Retained Earnings Total Equity(668.2M)(935.4M)(1.2B)(1.5B)(1.4B)(1.5B)
Net Invested Capital993.9M932.7M1.8B1.9B2.2B1.3B
Non Current Liabilities Other60.0M59.1M57.7M120.8M41.7M72.9M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MongoDB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MongoDB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mongodb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mongodb Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MongoDB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MongoDB. If investors know MongoDB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.03)
Revenue Per Share
25.057
Quarterly Revenue Growth
0.128
Return On Assets
(0.06)
Return On Equity
(0.20)
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MongoDB's market value can be influenced by many factors that don't directly affect MongoDB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine if MongoDB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.