Meridianlink Other Current Liab vs Cash Analysis
| MLNK Stock | USD 22.90 0.47 2.10% |
Meridianlink financial indicator trend analysis is infinitely more than just investigating Meridianlink recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meridianlink is a good investment. Please check the relationship between Meridianlink Other Current Liab and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridianlink. 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 more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meridianlink Other Current Liab account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Meridianlink's Other Current Liab and Cash is -0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Meridianlink, assuming nothing else is changed. The correlation between historical values of Meridianlink's Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Meridianlink are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Meridianlink's Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | -0.57 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Current Liab
Cash
Cash refers to the most liquid asset of Meridianlink, which is listed under current asset account on Meridianlink balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Meridianlink customers. The amounts must be unrestricted with restricted cash listed in a different Meridianlink 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.Most indicators from Meridianlink's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meridianlink 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 Meridianlink. 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 more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.At this time, Meridianlink's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 31.84 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 32.6M | 24.2M | 38.2M | 26.8M | Depreciation And Amortization | 50.5M | 54.0M | 57.8M | 53.0M |
Meridianlink fundamental ratios Correlations
Click cells to compare fundamentals
Meridianlink Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Meridianlink. If investors know Meridianlink 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 Meridianlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 4.042 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0098 | Return On Equity (0.11) |
The market value of Meridianlink is measured differently than its book value, which is the value of Meridianlink that is recorded on the company's balance sheet. Investors also form their own opinion of Meridianlink's value that differs from its market value or its book value, called intrinsic value, which is Meridianlink'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 Meridianlink's market value can be influenced by many factors that don't directly affect Meridianlink'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 Meridianlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridianlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridianlink'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.