Mercurity Accounts Payable vs Net Debt Analysis
| MFH Stock | USD 5.90 0.91 18.24% |
Mercurity Fintech financial indicator trend analysis is infinitely more than just investigating Mercurity Fintech Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercurity Fintech Holding is a good investment. Please check the relationship between Mercurity Fintech Accounts Payable and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercurity Fintech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Accounts Payable vs Net Debt
Accounts Payable vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercurity Fintech Holding Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Mercurity Fintech's Accounts Payable and Net Debt is -1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Mercurity Fintech Holding, assuming nothing else is changed. The correlation between historical values of Mercurity Fintech's Accounts Payable and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Mercurity Fintech Holding are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Mercurity Fintech's Accounts Payable and Net Debt go up and down completely randomly.
Correlation Coefficient | -1.0 |
| Relationship Direction | Negative |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Mercurity Fintech obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mercurity Fintech Holding are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Mercurity Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercurity Fintech Holding 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 Mercurity Fintech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. As of now, Mercurity Fintech's Issuance Of Capital Stock is increasing as compared to previous years. The Mercurity Fintech's current Sales General And Administrative To Revenue is estimated to increase to 5.92, while Selling General Administrative is projected to decrease to under 2.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1K | 1K | 873.1K | 916.8K | Depreciation And Amortization | 13.4M | 29.0K | 899.0K | 854.0K |
Mercurity Fintech fundamental ratios Correlations
Click cells to compare fundamentals
Mercurity Fintech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mercurity Fintech fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 8.9M | 11.0M | 9.9M | 18.9M | 30.4M | 60.5M | |
| Other Current Liab | 836.6K | 691.6K | 1.4M | 1.1M | 4.8M | 7.4M | |
| Total Current Liabilities | 836.6K | 708.5K | 1.4M | 1.4M | 12.3M | 22.1M | |
| Total Stockholder Equity | 8.0M | 10.3M | 8.6M | 16.8M | 17.8M | 20.0M | |
| Property Plant And Equipment Net | 406.0K | 406.0M | 0.0 | 6.8M | 5.3M | 5.0M | |
| Current Deferred Revenue | 1.2M | 422.8K | 422.8M | 80K | 386.0K | 366.7K | |
| Net Debt | 7.3B | (174.8K) | (440.6K) | (6.5M) | (6.5M) | (6.2M) | |
| Retained Earnings | (638.4M) | (640.0M) | (660.8M) | (667.3M) | (676.7M) | (710.5M) | |
| Accounts Payable | (7.7B) | 16K | 0.0 | 22.1K | 24.5K | 25.7K | |
| Cash | 435.2K | 174.8K | 440.6K | 7.4M | 16.1M | 16.9M | |
| Non Current Assets Total | 6.7M | 8.5M | 8.2M | 11.4M | 6.7M | 6.4M | |
| Cash And Short Term Investments | 435.2K | 174.8K | 440.6K | 7.4M | 18.4M | 19.4M | |
| Net Receivables | 1.7M | 2.3M | 1.5K | 35.9K | 5.2M | 3.4M | |
| Common Stock Shares Outstanding | 775.4M | 2.4B | 8.7M | 13.0M | 45.8M | 43.5M | |
| Liabilities And Stockholders Equity | 8.9M | 11.0M | 9.9M | 18.9M | 30.4M | 60.5M | |
| Non Current Liabilities Total | 18.6B | 16K | 0.0 | 634.5K | 282.3K | 268.2K | |
| Inventory | 585.8M | (768.4M) | (1.3B) | (7.5B) | (6.8B) | (6.4B) | |
| Other Current Assets | (585.8M) | 11.2K | 1.3M | 33.9K | 46.0K | 48.3K | |
| Other Stockholder Equity | 645.3M | 649.1M | 668.2M | 682.8M | 693.1M | 520.0M | |
| Total Liab | 836.6K | 708.5K | 1.4M | 2.1M | 12.6M | 11.9M | |
| Property Plant And Equipment Gross | 2.6M | 406.0K | 0.0 | 6.9M | 6.6M | 3.5M | |
| Total Current Assets | 2.1M | 2.5M | 1.7M | 7.5M | 23.7M | 24.9M | |
| Accumulated Other Comprehensive Income | 1.1M | 1.1M | 1.1M | 1.2M | 1.2M | 1.2M | |
| Short Term Debt | 7.7M | 7.3M | 7.3B | 269.7K | 9.4M | 8.9M | |
| Common Stock | 21.1K | 29.8K | 49.4K | 140.7K | 243.3K | 231.1K | |
| Other Assets | 406.0K | 1.2M | 383.3K | 8.2M | 7.4M | 7.0M | |
| Net Tangible Assets | (22.2M) | 2.5M | 2.1M | 8.6M | 7.7M | 10.2M | |
| Non Currrent Assets Other | 161.7K | 406.0K | (406.0M) | 57.3K | 177.3K | 186.2K | |
| Net Invested Capital | 8.0M | 10.3M | 8.6M | 16.8M | 26.8M | 19.1M | |
| Net Working Capital | 1.3M | 1.8M | 369.9K | 6.1M | 11.4M | 12.0M |
Currently Active Assets on Macroaxis
When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech'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 Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercurity Fintech Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Application Software 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 Mercurity Fintech. If investors know Mercurity 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 Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.01 | Quarterly Revenue Growth 1.485 | Return On Assets (0.21) | Return On Equity (0.54) |
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech'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 Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech'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 Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech'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.