MidCap Cash vs Non Currrent Assets Other Analysis
| MFIC Stock | USD 13.99 0.17 1.23% |
MidCap Financial financial indicator trend analysis is infinitely more than just investigating MidCap Financial Inv recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MidCap Financial Inv is a good investment. Please check the relationship between MidCap Financial Cash and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MidCap Financial Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Cash vs Non Currrent Assets Other
Cash vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MidCap Financial Inv Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MidCap Financial's Cash and Non Currrent Assets Other is 0.55. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of MidCap Financial Investment, assuming nothing else is changed. The correlation between historical values of MidCap Financial's Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of MidCap Financial Investment are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., MidCap Financial's Cash and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of MidCap Financial Inv, which is listed under current asset account on MidCap Financial Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MidCap Financial customers. The amounts must be unrestricted with restricted cash listed in a different MidCap Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from MidCap Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MidCap Financial Inv 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 MidCap Financial Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, MidCap Financial's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8,805, whereas Selling General Administrative is forecasted to decline to about 14.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 204.2M | 271.1M | 311.8M | 259.2M | Net Interest Income | 149.2M | 166.9M | 150.2M | 133.1M |
MidCap Financial fundamental ratios Correlations
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MidCap Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MidCap Financial fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.9B | 2.5B | 2.6B | 2.5B | 2.5B | 2.3B | |
| Other Current Liab | (32.3M) | (51.2M) | (52.5M) | 24.2M | 58.2M | 61.1M | |
| Total Current Liabilities | 32.3M | 25.6M | 26.2M | 47.6M | 87.2M | 82.8M | |
| Total Stockholder Equity | 1.0B | 1.0B | 1.0B | 988.1M | 1.0B | 1.2B | |
| Net Debt | 1.8B | 1.4B | 1.5B | 1.4B | 1.3B | 1.0B | |
| Retained Earnings | (1.1B) | (1.1B) | (1.1B) | (1.1B) | (1.1B) | (1.0B) | |
| Accounts Payable | 32.3M | 25.6M | 26.2M | 14.5M | 13.0M | 12.4M | |
| Cash | 43.7M | 54.6M | 30.6M | 87.1M | 122.1M | 170.1M | |
| Non Current Assets Total | 2.8B | 2.4B | 2.5B | 2.4B | 687.7M | 653.3M | |
| Non Currrent Assets Other | (2.8B) | (2.4B) | (2.5B) | 15.2M | (1.6B) | (1.7B) | |
| Other Assets | 16.8M | 22.4M | 17.7M | 2.5B | 1.6B | 842.8M | |
| Cash And Short Term Investments | 43.7M | 54.6M | 30.6M | 87.1M | 122.1M | 116.0M | |
| Net Receivables | 25.2M | 18.3M | 28.6M | 25.1M | 25.6M | 49.4M | |
| Common Stock Shares Outstanding | 67.2M | 65.3M | 64.5M | 64.6M | 65.3M | 65.8M | |
| Liabilities And Stockholders Equity | 2.9B | 2.5B | 2.6B | 2.5B | 2.5B | 2.3B | |
| Total Liab | 1.8B | 1.5B | 1.6B | 1.5B | 1.5B | 1.5B | |
| Total Current Assets | 68.8M | 72.9M | 59.2M | 114.0M | 199.5M | 189.6M | |
| Common Stock | 216K | 69K | 65K | 62K | 58.5K | 112.4K | |
| Short Long Term Debt Total | 1.8B | 1.5B | 1.6B | 1.5B | 1.5B | 1.3B | |
| Non Current Liabilities Total | 1.8B | 1.5B | 26.2M | 1.5B | 785.0M | 1.2B | |
| Other Liab | 6.8M | 7.7M | 7.6M | 6.4M | 5.8M | 5.7M | |
| Net Tangible Assets | 1.0B | 1.0B | 1.0B | 988.1M | 889.3M | 858.6M | |
| Deferred Long Term Liab | 16.1M | 21.5M | 17.0M | 13.4M | 12.1M | 14.0M | |
| Net Invested Capital | 2.8B | 2.5B | 2.6B | 2.5B | 2.2B | 2.0B | |
| Long Term Investments | 2.8B | 2.4B | 2.5B | 2.3B | 2.1B | 2.0B |
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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 MidCap Financial Inv is a strong investment it is important to analyze MidCap Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MidCap Financial's future performance. For an informed investment choice regarding MidCap Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MidCap Financial Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Asset Management & Custody Banks 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 MidCap Financial. If investors know MidCap 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 MidCap Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 1.52 | Earnings Share 1.54 | Revenue Per Share 4.118 | Quarterly Revenue Growth 0.205 |
The market value of MidCap Financial Inv is measured differently than its book value, which is the value of MidCap that is recorded on the company's balance sheet. Investors also form their own opinion of MidCap Financial's value that differs from its market value or its book value, called intrinsic value, which is MidCap Financial'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 MidCap Financial's market value can be influenced by many factors that don't directly affect MidCap Financial'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 MidCap Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MidCap Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MidCap Financial'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.