Metagenomi, Cash And Short Term Investments vs Total Liab Analysis
| MGX Stock | 2.07 0.05 2.48% |
Metagenomi, Common financial indicator trend analysis is infinitely more than just investigating Metagenomi, Common Stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metagenomi, Common Stock is a good investment. Please check the relationship between Metagenomi, Common Cash And Short Term Investments and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metagenomi, Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Cash And Short Term Investments vs Total Liab
Cash And Short Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metagenomi, Common Stock Cash And Short Term Investments account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Metagenomi, Common's Cash And Short Term Investments and Total Liab is 0.97. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Metagenomi, Common Stock, assuming nothing else is changed. The correlation between historical values of Metagenomi, Common's Cash And Short Term Investments and Total Liab 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 And Short Term Investments of Metagenomi, Common Stock are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash And Short Term Investments i.e., Metagenomi, Common's Cash And Short Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Metagenomi, Common Stock balance sheet. This account contains Metagenomi, Common investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Metagenomi, Common Stock 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Metagenomi, Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metagenomi, Common Stock 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 Metagenomi, Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Tax Provision is likely to rise to about 9.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 21 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.7M | 4.2M | 4.8M | 5.1M | Interest Income | 3.4M | 15.5M | 17.8M | 18.7M |
Metagenomi, Common fundamental ratios Correlations
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Metagenomi, Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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