Maiden Accounts Payable vs Total Current Assets Analysis
MHNC Stock | USD 16.97 0.20 1.16% |
Maiden Holdings financial indicator trend analysis is infinitely more than just investigating Maiden Holdings North recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maiden Holdings North is a good investment. Please check the relationship between Maiden Holdings Accounts Payable and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maiden Holdings North. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Maiden Stock refer to our How to Trade Maiden Stock guide.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maiden Holdings North Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Maiden Holdings' Accounts Payable and Total Current Assets is 0.41. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Maiden Holdings North, assuming nothing else is changed. The correlation between historical values of Maiden Holdings' Accounts Payable and Total Current Assets 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 Maiden Holdings North are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Maiden Holdings' Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Maiden Holdings 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 Maiden Holdings North 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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Maiden Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maiden Holdings North 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 Maiden Holdings North. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Maiden Stock refer to our How to Trade Maiden Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.50, whereas Selling General Administrative is forecasted to decline to about 26.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 98.7M | 58.1M | 52.3M | 49.7M | Total Revenue | 98.7M | 58.1M | 52.3M | 49.7M |
Maiden Holdings fundamental ratios Correlations
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Maiden Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maiden Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 2.9M | 2.3M | 1.8M | 1.5B | 1.4B | |
Total Stockholder Equity | 507.7M | 527.8K | 384.3K | 284.6K | 249.2M | 236.7M | |
Net Debt | (48.2M) | (1.5M) | (888.7K) | (633.7K) | (42.7M) | (44.8M) | |
Retained Earnings | (695.8M) | (615.8M) | (498.3K) | (442.9K) | (486.9M) | (462.6M) | |
Cash | 48.2M | 1.5M | 888.7K | 633.7K | 42.7M | 40.5M | |
Other Assets | 2.8B | 1.5M | 1.5M | 680.9K | 1.3B | 1.3B | |
Cash And Short Term Investments | 48.2M | 1.5M | 1.8M | 713.8K | 42.7M | 40.5M | |
Common Stock Shares Outstanding | 83.1M | 83.3M | 86.5M | 87.2M | 78.4M | 74.5M | |
Liabilities And Stockholders Equity | 3.6B | 2.9M | 2.3M | 1.8M | 1.5B | 1.4B | |
Other Stockholder Equity | 1.2B | 504.0K | (28.2K) | 767.2K | 766.1M | 727.8M | |
Total Liab | 3.1B | 2.4M | 1.9M | 1.6M | 1.3B | 1.2B | |
Total Current Assets | 744.8M | 1.5M | 908.2K | 1.1M | 199.1M | 189.2M | |
Accumulated Other Comprehensive Income | 17.8M | 23.9K | (12.2K) | (41.2K) | (31.5M) | (29.9M) | |
Short Long Term Debt Total | 254.7M | 254.9M | 517.6M | 37.0 | 33.3 | 31.64 | |
Total Current Liabilities | 1.2B | 220.3M | 63.0 | 37.0 | 33.3 | 31.64 | |
Non Current Assets Total | 77.4M | 51.9M | (66.1K) | 80.2K | 72.1K | 68.5K | |
Non Currrent Assets Other | 44.2M | 1.6B | 1.3B | 66.1K | 76.0K | 72.2K | |
Net Receivables | 696.6M | 5.8K | 19.5K | 452.1K | 156.4M | 148.6M | |
Common Stock Total Equity | 877K | 879K | 882K | 898K | 1.0M | 890.6K | |
Short Term Investments | 4.1B | 1.9B | 888.7K | 80.2K | 72.1K | 68.5K | |
Common Stock | 882K | 898K | 923K | 1.5K | 1.5M | 1.4M | |
Net Tangible Assets | 691.6M | 89.3M | 42.7M | 133.5M | 120.2M | 114.1M | |
Accounts Payable | 132.8M | 65.5M | 32.4M | 53.0M | 47.7M | 79.8M | |
Long Term Debt | 254.5M | 254.7M | 517.4M | 517.6M | 595.3M | 419.9M | |
Retained Earnings Total Equity | 35.5M | (563.9M) | (695.8M) | (615.8M) | (554.3M) | (526.5M) | |
Long Term Debt Total | 254.5M | 254.7M | 517.4M | 517.6M | 595.3M | 419.9M | |
Non Current Liabilities Total | 4.7B | 3.3B | 2.6B | 1.9M | 1.7M | 1.7M | |
Capital Surpluse | 748.1M | 749.4M | 751.3M | 756.1M | 869.5M | 740.9M | |
Long Term Investments | 5.2B | 4.1B | 1.9B | 1.3B | 1.2B | 1.1B | |
Treasury Stock | (30.6M) | (31.5M) | (31.5M) | (31.5M) | (28.4M) | (27.0M) | |
Non Current Liabilities Other | 5.0B | 4.4B | 2.8B | 2.1B | 2.4B | 3.9B |
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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 Maiden Holdings North offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Maiden Holdings' 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 Maiden Holdings North Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Maiden Holdings North Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maiden Holdings North. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Maiden Stock refer to our How to Trade Maiden Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Reinsurance 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 Maiden Holdings. If investors know Maiden 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 Maiden Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Maiden Holdings North is measured differently than its book value, which is the value of Maiden that is recorded on the company's balance sheet. Investors also form their own opinion of Maiden Holdings' value that differs from its market value or its book value, called intrinsic value, which is Maiden Holdings' 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 Maiden Holdings' market value can be influenced by many factors that don't directly affect Maiden Holdings' 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 Maiden Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maiden Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maiden Holdings' 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.