Mene Days Sales Outstanding vs Free Cash Flow Yield Analysis

MENE Stock

CAD 0.11 0.01 8.33%

Mene financial indicator trend analysis is infinitely more than just investigating Mene Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mene Inc is a good investment. Please check the relationship between Mene Days Sales Outstanding and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mene Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Days Sales Outstanding vs Free Cash Flow Yield

Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mene Inc Days Sales Outstanding account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Mene's Days Sales Outstanding and Free Cash Flow Yield is -0.53. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Mene Inc, assuming nothing else is changed. The correlation between historical values of Mene's Days Sales Outstanding and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Mene Inc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Days Sales Outstanding i.e., Mene's Days Sales Outstanding and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Days Sales Outstanding

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Mene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mene Inc 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 Mene Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

At this time, Mene's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.25 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (48.08).

	2021	2022	2023	2024 (projected)
Other Operating Expenses	26.5M	27.2M	31.3M	32.9M
Interest Expense	377.6K	333.2K	376.6K	683.8K

Other Operating Expenses Interest Expense

Mene fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Net	Non Currrent Assets Other	Net Receivables	Net Tangible Assets	Long Term Debt	Inventory
Total Assets		0.63	-0.3	0.74	0.85	0.78	0.6	0.73	0.02	0.87	0.84	0.82	0.63	0.93	0.98	0.23	-0.09	0.69	0.92	0.03	-0.11	0.83	0.77	0.44	0.87	0.87
Short Long Term Debt Total	0.63		0.05	0.49	0.37	0.55	-0.08	0.66	-0.02	0.67	0.43	0.55	0.6	0.73	0.62	0.53	0.36	0.25	0.55	0.0	-0.03	0.43	0.55	0.01	0.51	0.39
Other Current Liab	-0.3	0.05		0.15	-0.34	-0.24	-0.41	0.07	0.17	-0.27	-0.23	-0.52	-0.48	-0.19	-0.33	-0.03	0.21	-0.23	-0.37	0.15	0.16	-0.28	-0.63	-0.52	-0.09	-0.26
Total Current Liabilities	0.74	0.49	0.15		0.51	0.53	0.33	0.58	-0.07	0.53	0.66	0.45	0.09	0.79	0.74	0.43	-0.08	0.46	0.62	-0.07	-0.21	0.61	0.25	-0.08	0.73	0.8
Total Stockholder Equity	0.85	0.37	-0.34	0.51		0.81	0.59	0.66	0.25	0.8	0.9	0.58	0.41	0.61	0.78	0.18	0.05	0.94	0.89	0.21	0.06	0.9	0.61	0.72	0.84	0.84
Net Debt	0.78	0.55	-0.24	0.53	0.81		0.5	0.79	-0.12	0.94	0.91	0.64	0.5	0.67	0.78	0.2	-0.04	0.8	0.93	-0.13	-0.27	0.93	0.7	0.59	0.86	0.75
Retained Earnings	0.6	-0.08	-0.41	0.33	0.59	0.5		0.4	0.03	0.54	0.53	0.52	0.43	0.5	0.58	-0.4	-0.75	0.46	0.59	0.1	-0.07	0.54	0.57	0.4	0.5	0.54
Cash	0.73	0.66	0.07	0.58	0.66	0.79	0.4		-0.15	0.86	0.81	0.4	0.48	0.71	0.74	0.16	-0.05	0.62	0.8	-0.1	-0.29	0.81	0.55	0.34	0.82	0.71
Non Current Assets Total	0.02	-0.02	0.17	-0.07	0.25	-0.12	0.03	-0.15		-0.17	-0.12	-0.16	-0.15	-0.16	-0.19	0.12	0.27	0.24	-0.16	0.94	0.97	-0.12	-0.21	-0.06	-0.13	-0.12
Cash And Short Term Investments	0.87	0.67	-0.27	0.53	0.8	0.94	0.54	0.86	-0.17		0.88	0.76	0.72	0.82	0.89	0.1	-0.1	0.7	0.96	-0.14	-0.3	0.89	0.84	0.57	0.85	0.77
Common Stock Shares Outstanding	0.84	0.43	-0.23	0.66	0.9	0.91	0.53	0.81	-0.12	0.88		0.57	0.36	0.69	0.85	0.22	-0.01	0.89	0.96	-0.15	-0.32	1.0	0.59	0.65	0.95	0.92
Short Term Investments	0.82	0.55	-0.52	0.45	0.58	0.64	0.52	0.4	-0.16	0.76	0.57		0.82	0.84	0.84	0.02	-0.21	0.36	0.76	-0.14	-0.21	0.56	0.9	0.39	0.56	0.59
Non Current Liabilities Total	0.63	0.6	-0.48	0.09	0.41	0.5	0.43	0.48	-0.15	0.72	0.36	0.82		0.68	0.65	-0.17	-0.21	0.16	0.6	-0.07	-0.14	0.38	0.93	0.36	0.34	0.32
Total Liab	0.93	0.73	-0.19	0.79	0.61	0.67	0.5	0.71	-0.16	0.82	0.69	0.84	0.68		0.95	0.21	-0.2	0.42	0.81	-0.11	-0.26	0.67	0.75	0.16	0.74	0.77
Total Current Assets	0.98	0.62	-0.33	0.74	0.78	0.78	0.58	0.74	-0.19	0.89	0.85	0.84	0.65	0.95		0.2	-0.15	0.62	0.93	-0.16	-0.31	0.83	0.8	0.44	0.88	0.87
Short Term Debt	0.23	0.53	-0.03	0.43	0.18	0.2	-0.4	0.16	0.12	0.1	0.22	0.02	-0.17	0.21	0.2		0.65	0.26	0.17	0.06	0.11	0.21	-0.06	-0.14	0.26	0.25
Common Stock	-0.09	0.36	0.21	-0.08	0.05	-0.04	-0.75	-0.05	0.27	-0.1	-0.01	-0.21	-0.21	-0.2	-0.15	0.65		0.15	-0.09	0.14	0.27	-0.02	-0.25	0.09	0.01	-0.1
Accounts Payable	0.69	0.25	-0.23	0.46	0.94	0.8	0.46	0.62	0.24	0.7	0.89	0.36	0.16	0.42	0.62	0.26	0.15		0.81	0.17	0.03	0.9	0.41	0.72	0.81	0.78
Other Current Assets	0.92	0.55	-0.37	0.62	0.89	0.93	0.59	0.8	-0.16	0.96	0.96	0.76	0.6	0.81	0.93	0.17	-0.09	0.81		-0.16	-0.32	0.96	0.8	0.64	0.91	0.89
Other Stockholder Equity	0.03	0.0	0.15	-0.07	0.21	-0.13	0.1	-0.1	0.94	-0.14	-0.15	-0.14	-0.07	-0.11	-0.16	0.06	0.14	0.17	-0.16		0.93	-0.15	-0.15	-0.12	-0.15	-0.14
Property Plant And Equipment Net	-0.11	-0.03	0.16	-0.21	0.06	-0.27	-0.07	-0.29	0.97	-0.3	-0.32	-0.21	-0.14	-0.26	-0.31	0.11	0.27	0.03	-0.32	0.93		-0.32	-0.25	-0.18	-0.31	-0.32
Non Currrent Assets Other	0.83	0.43	-0.28	0.61	0.9	0.93	0.54	0.81	-0.12	0.89	1.0	0.56	0.38	0.67	0.83	0.21	-0.02	0.9	0.96	-0.15	-0.32		0.62	0.68	0.94	0.9
Net Receivables	0.77	0.55	-0.63	0.25	0.61	0.7	0.57	0.55	-0.21	0.84	0.59	0.9	0.93	0.75	0.8	-0.06	-0.25	0.41	0.8	-0.15	-0.25	0.62		0.54	0.55	0.54
Net Tangible Assets	0.44	0.01	-0.52	-0.08	0.72	0.59	0.4	0.34	-0.06	0.57	0.65	0.39	0.36	0.16	0.44	-0.14	0.09	0.72	0.64	-0.12	-0.18	0.68	0.54		0.57	0.45
Long Term Debt	0.87	0.51	-0.09	0.73	0.84	0.86	0.5	0.82	-0.13	0.85	0.95	0.56	0.34	0.74	0.88	0.26	0.01	0.81	0.91	-0.15	-0.31	0.94	0.55	0.57		0.86
Inventory	0.87	0.39	-0.26	0.8	0.84	0.75	0.54	0.71	-0.12	0.77	0.92	0.59	0.32	0.77	0.87	0.25	-0.1	0.78	0.89	-0.14	-0.32	0.9	0.54	0.45	0.86

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Mene Account Relationship Matchups

Mene fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.1M	32.9M	29.7M	31.7M	18.2M	12.4M
Short Long Term Debt Total	27.0M	20.2M	10.4M	12.4M	14.2M	11.4M
Other Current Liab	342.4K	364.6K	561.1K	54.7K	49.2K	51.7K
Total Current Liabilities	9.0M	21.4M	12.1M	13.5M	1.6M	3.1M
Total Stockholder Equity	15.1M	11.5M	17.6M	17.5M	16.0M	16.8M
Net Debt	14.1M	11.1M	2.9M	11.3M	13.0M	13.6M
Retained Earnings	(15.1M)	(18.4M)	(18.5M)	(19.9M)	(21.9M)	(23.0M)
Cash	13.0M	9.1M	7.5M	1.1M	8.1M	8.5M
Non Current Assets Total	782.1K	1.2M	2.0M	3.2M	2.0M	3.1M
Cash And Short Term Investments	29.1M	14.4M	8.9M	13.3M	15.3M	16.0M
Common Stock Shares Outstanding	237.9M	244.3M	253.9M	258.6M	259.8M	272.8M
Short Term Investments	16.1M	5.3M	1.4M	12.2M	165.5K	157.2K
Liabilities And Stockholders Equity	43.1M	32.9M	29.7M	31.7M	36.5M	38.3M
Non Current Liabilities Total	11.9M	19.0M	0.0	738.0K	624.8K	593.6K
Total Liab	28.0M	21.4M	12.1M	14.2M	2.2M	2.1M
Total Current Assets	42.4M	31.8M	27.7M	28.5M	16.2M	8.3M
Short Term Debt	8.0M	20.2M	10.4M	11.6M	13.4M	9.9M
Common Stock	25.6M	25.6M	31.4M	32.0M	36.8M	31.1M
Accounts Payable	624.0K	856.4K	1.1M	1.2M	1.4M	1.4M
Other Current Assets	326.6K	231.2K	203.3K	244.3K	216.8K	227.6K
Other Stockholder Equity	5.3M	5.4M	5.3M	5.4M	4.8M	8.5M
Property Plant And Equipment Net	745.3K	621.7K	485.8K	1.8M	1.5M	1.4M
Accumulated Other Comprehensive Income	(693.0K)	(1.1M)	(614.6K)	(3.1K)	(2.8K)	(2.7K)
Net Receivables	428.7K	100.4K	49.8K	127.6K	102.6K	94.3K
Net Tangible Assets	15.1M	10.9M	16.1M	16.1M	18.5M	16.5M
Inventory	12.6M	17.0M	18.5M	14.9M	7.6M	13.7M
Net Invested Capital	42.2M	31.7M	28.0M	28.9M	16.0M	27.9M
Net Working Capital	33.4M	10.3M	15.6M	15.0M	14.6M	13.6M
Intangible Assets	36.8K	562.1K	1.5M	1.4M	504.2K	631.6K
Property Plant Equipment	745.3K	621.7K	485.8K	1.8M	2.1M	2.2M
Short Long Term Debt	8.0M	20.2M	10.4M	11.5M	13.2M	13.7M
Capital Stock	25.6M	25.6M	31.4M	32.0M	32.1M	31.4M

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