Mirrabooka Inventory vs Net Receivables Analysis
MIR Stock | 3.34 0.02 0.60% |
Mirrabooka Investments financial indicator trend analysis is infinitely more than just investigating Mirrabooka Investments recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mirrabooka Investments is a good investment. Please check the relationship between Mirrabooka Investments Inventory and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mirrabooka Investments. 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.
Inventory vs Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mirrabooka Investments Inventory account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Mirrabooka Investments' Inventory and Net Receivables is 0.09. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Mirrabooka Investments, assuming nothing else is changed. The correlation between historical values of Mirrabooka Investments' Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Mirrabooka Investments are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Mirrabooka Investments' Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Inventory
Net Receivables
Most indicators from Mirrabooka Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mirrabooka Investments 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 Mirrabooka Investments. 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. Selling General Administrative is likely to gain to about 3.5 M in 2024, whereas Tax Provision is likely to drop slightly above 963.6 K in 2024.
Mirrabooka Investments fundamental ratios Correlations
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Mirrabooka Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mirrabooka Investments fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 393.2M | 618.4M | 513.4M | 567.9M | 626.4M | 333.6M | |
Other Current Liab | (268K) | (181K) | (2.2M) | (2.6M) | 11.5M | 12.1M | |
Total Current Liabilities | 1.8M | 10.7M | 16.1M | 10.1M | 11.5M | 12.1M | |
Total Stockholder Equity | 349.1M | 517.8M | 460.2M | 504.4M | 547.8M | 296.7M | |
Net Debt | (20.2M) | (27.8M) | (27.4M) | (23.3M) | (8.4M) | (8.8M) | |
Retained Earnings | 19.8M | 26.3M | 33.0M | 44.3M | 55.0M | 57.8M | |
Accounts Payable | 268K | 181K | 2.2M | 2.6M | 13K | 12.4K | |
Cash | 20.2M | 27.8M | 27.4M | 23.3M | 8.4M | 8.0M | |
Non Current Assets Total | 362.5M | 575.6M | 470.6M | 525.7M | 626.2M | 657.5M | |
Non Currrent Assets Other | (9.9M) | (14.7M) | (12.6M) | (18.4M) | (617.3M) | (586.4M) | |
Other Assets | 9.9M | 11.0M | 7.1M | 8M | (12.2M) | (11.6M) | |
Cash And Short Term Investments | 20.2M | 31.5M | 32.9M | 33.8M | 8.4M | 8.0M | |
Net Receivables | 620K | 362K | 2.8M | 470K | 714K | 1.2M | |
Common Stock Shares Outstanding | 161.3M | 166.7M | 178.9M | 191.1M | 192.9M | 147.0M | |
Liabilities And Stockholders Equity | 393.2M | 618.4M | 513.4M | 567.9M | 626.4M | 333.6M | |
Total Liab | 44.1M | 100.7M | 53.2M | 63.5M | 78.6M | 82.5M | |
Total Current Assets | 20.8M | 31.8M | 35.7M | 34.2M | 12.4M | 11.8M | |
Common Stock | 209.5M | 250.9M | 296.3M | 300.1M | 304.9M | 178.5M | |
Other Liab | 39.4M | 42.3M | 90.0M | 37.1M | 42.6M | 44.8M | |
Other Stockholder Equity | (265.1M) | (326.2M) | (394.3M) | (404.1M) | (363.7M) | (345.5M) | |
Accumulated Other Comprehensive Income | 119.8M | 240.6M | 130.9M | 160.0M | 187.8M | 106.8M | |
Non Current Liabilities Total | 42.3M | 90.0M | 37.1M | 53.4M | 67.1M | 37.4M | |
Short Term Investments | (9.9M) | 3.7M | 5.5M | 10.4M | 3.3M | 2.1M | |
Net Tangible Assets | 345.0M | 349.1M | 517.8M | 460.2M | 529.3M | 404.0M | |
Long Term Investments | 372.4M | 590.2M | 483.1M | 544.1M | 617.3M | 467.6M | |
Capital Stock | 209.5M | 250.9M | 296.3M | 300.1M | 304.9M | 287.5M |
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