MMTC Cash And Short Term Investments vs Accounts Payable Analysis

MMTC Stock

74.40 0.78 1.06%

MMTC financial indicator trend analysis is infinitely more than just investigating MMTC Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MMTC Limited is a good investment. Please check the relationship between MMTC Cash And Short Term Investments and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTC Limited. 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.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTC Limited Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.

The correlation between MMTC's Cash And Short Term Investments and Accounts Payable is 0.34. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of MMTC Limited, assuming nothing else is changed. The correlation between historical values of MMTC's Cash And Short Term Investments and Accounts Payable 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 MMTC Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash And Short Term Investments i.e., MMTC's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of MMTC Limited balance sheet. This account contains MMTC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MMTC Limited 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.

Accounts Payable

An accounting item on the balance sheet that represents MMTC 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 MMTC Limited 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.

Most indicators from MMTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MMTC Limited 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 MMTC Limited. 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 drop to about 187.4 M in 2024. Tax Provision is likely to drop to about 74.3 M in 2024

	2021	2022	2023	2024 (projected)
Other Operating Expenses	107.6B	36.4B	51.3M	48.7M
Gross Profit	5.8B	1.2B	45.4M	43.1M

Other Operating Expenses Gross Profit

MMTC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Total Liab	Common Stock	Property Plant Equipment	Retained Earnings	Accounts Payable	Good Will	Other Current Assets	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.65	0.96	0.31	0.83	0.08	-0.12	0.38	0.33	0.98	-0.05	0.61	0.08	0.74	0.18	0.58	0.18	0.63	0.47	0.21	0.58	-0.2	0.49	0.14	0.02	0.38
Other Current Liab	0.65		0.64	0.12	0.68	-0.08	-0.21	-0.37	0.32	0.65	-0.1	0.37	0.01	0.32	-0.06	0.82	0.26	0.26	0.22	-0.13	0.48	0.06	0.6	0.02	-0.12	-0.01
Total Current Liabilities	0.96	0.64		0.08	0.77	-0.04	-0.1	0.36	0.31	0.98	0.05	0.54	-0.17	0.69	0.12	0.67	0.17	0.76	0.39	0.37	0.56	-0.32	0.35	0.32	0.01	0.5
Total Stockholder Equity	0.31	0.12	0.08		0.41	0.55	-0.01	0.26	0.27	0.11	-0.16	0.43	0.85	0.4	0.3	-0.28	0.16	-0.34	0.45	-0.56	0.06	0.06	0.47	-0.17	0.16	-0.24
Cash	0.83	0.68	0.77	0.41		0.11	0.06	0.17	0.28	0.78	-0.31	0.8	0.31	0.72	0.43	0.51	0.2	0.42	0.59	-0.19	0.52	-0.24	0.78	0.2	0.31	0.45
Other Assets	0.08	-0.08	-0.04	0.55	0.11		0.4	0.47	0.44	-0.04	-0.33	0.19	0.38	0.22	0.18	-0.52	0.46	-0.18	0.36	-0.25	-0.23	-0.33	-0.04	0.19	0.49	-0.07
Long Term Debt	-0.12	-0.21	-0.1	-0.01	0.06	0.4		0.26	0.33	-0.13	-0.55	0.05	0.03	0.0	0.06	-0.33	0.32	0.02	-0.13	-0.17	-0.38	-0.36	0.01	0.35	0.8	0.31
Net Receivables	0.38	-0.37	0.36	0.26	0.17	0.47	0.26		0.07	0.33	-0.03	0.28	0.03	0.56	0.28	-0.38	0.09	0.42	0.43	0.36	0.08	-0.53	-0.22	0.4	0.41	0.48
Inventory	0.33	0.32	0.31	0.27	0.28	0.44	0.33	0.07		0.28	-0.36	0.2	0.07	0.22	0.07	-0.03	0.61	-0.07	0.12	-0.21	0.08	-0.29	0.0	0.28	0.2	0.21
Total Liab	0.98	0.65	0.98	0.11	0.78	-0.04	-0.13	0.33	0.28		-0.02	0.53	-0.09	0.68	0.12	0.67	0.14	0.73	0.38	0.34	0.59	-0.2	0.42	0.15	-0.02	0.43
Common Stock	-0.05	-0.1	0.05	-0.16	-0.31	-0.33	-0.55	-0.03	-0.36	-0.02		-0.32	-0.29	-0.31	-0.29	0.18	-0.48	0.26	-0.4	0.59	-0.11	0.19	-0.31	-0.06	-0.76	-0.28
Property Plant Equipment	0.61	0.37	0.54	0.43	0.8	0.19	0.05	0.28	0.2	0.53	-0.32		0.44	0.66	0.77	0.18	0.03	0.27	0.74	-0.2	0.6	-0.3	0.52	0.24	0.41	0.4
Retained Earnings	0.08	0.01	-0.17	0.85	0.31	0.38	0.03	0.03	0.07	-0.09	-0.29	0.44		0.2	0.45	-0.33	-0.1	-0.45	0.32	-0.66	0.06	0.38	0.57	-0.49	0.2	-0.33
Accounts Payable	0.74	0.32	0.69	0.4	0.72	0.22	0.0	0.56	0.22	0.68	-0.31	0.66	0.2		0.52	0.18	0.16	0.28	0.78	-0.13	0.63	-0.38	0.34	0.31	0.39	0.56
Good Will	0.18	-0.06	0.12	0.3	0.43	0.18	0.06	0.28	0.07	0.12	-0.29	0.77	0.45	0.52		-0.24	-0.3	-0.01	0.59	-0.27	0.44	-0.21	0.26	0.17	0.41	0.47
Other Current Assets	0.58	0.82	0.67	-0.28	0.51	-0.52	-0.33	-0.38	-0.03	0.67	0.18	0.18	-0.33	0.18	-0.24		-0.01	0.52	-0.03	0.24	0.43	0.13	0.44	-0.01	-0.34	0.07
Intangible Assets	0.18	0.26	0.17	0.16	0.2	0.46	0.32	0.09	0.61	0.14	-0.48	0.03	-0.1	0.16	-0.3	-0.01		-0.05	0.32	-0.2	0.02	-0.35	-0.05	0.35	0.38	0.1
Short Long Term Debt Total	0.63	0.26	0.76	-0.34	0.42	-0.18	0.02	0.42	-0.07	0.73	0.26	0.27	-0.45	0.28	-0.01	0.52	-0.05		0.06	0.79	0.28	-0.3	0.08	0.33	0.0	0.54
Property Plant And Equipment Net	0.47	0.22	0.39	0.45	0.59	0.36	-0.13	0.43	0.12	0.38	-0.4	0.74	0.32	0.78	0.59	-0.03	0.32	0.06		-0.27	0.6	-0.38	0.24	0.3	0.44	0.36
Net Debt	0.21	-0.13	0.37	-0.56	-0.19	-0.25	-0.17	0.36	-0.21	0.34	0.59	-0.2	-0.66	-0.13	-0.27	0.24	-0.2	0.79	-0.27		0.04	-0.15	-0.46	0.19	-0.35	0.24
Non Current Assets Total	0.58	0.48	0.56	0.06	0.52	-0.23	-0.38	0.08	0.08	0.59	-0.11	0.6	0.06	0.63	0.44	0.43	0.02	0.28	0.6	0.04		0.03	0.22	0.05	-0.02	0.29
Non Currrent Assets Other	-0.2	0.06	-0.32	0.06	-0.24	-0.33	-0.36	-0.53	-0.29	-0.2	0.19	-0.3	0.38	-0.38	-0.21	0.13	-0.35	-0.3	-0.38	-0.15	0.03		0.23	-0.91	-0.49	-0.65
Cash And Short Term Investments	0.49	0.6	0.35	0.47	0.78	-0.04	0.01	-0.22	0.0	0.42	-0.31	0.52	0.57	0.34	0.26	0.44	-0.05	0.08	0.24	-0.46	0.22	0.23		-0.28	0.16	0.04
Common Stock Shares Outstanding	0.14	0.02	0.32	-0.17	0.2	0.19	0.35	0.4	0.28	0.15	-0.06	0.24	-0.49	0.31	0.17	-0.01	0.35	0.33	0.3	0.19	0.05	-0.91	-0.28		0.45	0.64
Non Current Liabilities Total	0.02	-0.12	0.01	0.16	0.31	0.49	0.8	0.41	0.2	-0.02	-0.76	0.41	0.2	0.39	0.41	-0.34	0.38	0.0	0.44	-0.35	-0.02	-0.49	0.16	0.45		0.48
Other Stockholder Equity	0.38	-0.01	0.5	-0.24	0.45	-0.07	0.31	0.48	0.21	0.43	-0.28	0.4	-0.33	0.56	0.47	0.07	0.1	0.54	0.36	0.24	0.29	-0.65	0.04	0.64	0.48

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MMTC Account Relationship Matchups

MMTC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	64.4B	54.7B	47.8B	36.8B	36.9B	49.3B
Other Current Liab	12.7M	19.1B	14.5B	14.5B	12.6B	12.0B
Total Current Liabilities	53.1B	53.3B	48.9B	22.2B	20.3B	19.3B
Total Stockholder Equity	9.1B	997.4M	(1.5B)	14.1B	16.3B	12.0B
Cash	746.5M	1.6B	1.5B	3.2B	1.2B	1.1B
Other Assets	3.1B	(4.4B)	(1.4B)	(1M)	(900K)	(855K)
Net Receivables	56.1B	8.3B	6.2B	6.5B	3.9B	3.7B
Inventory	2.2B	456.5M	298M	11.6M	3.6M	3.4M
Total Liab	55.3B	53.7B	49.3B	22.7B	20.6B	40.5B
Property Plant Equipment	440.9M	379.3M	343.4M	299M	269.1M	255.6M
Retained Earnings	1.6B	(6.6B)	(9.2B)	6.5B	14.5B	15.2B
Accounts Payable	6.7B	10.0B	4.2B	1.5B	3.4B	3.2B
Other Current Assets	496.3M	36.7B	35.0B	12.9B	15.0B	14.1B
Intangible Assets	5.6M	3.9M	2.3M	1.2M	1.3M	1.2M
Short Long Term Debt Total	38.6B	24.2B	26.3B	2.0B	1.6B	1.5B
Property Plant And Equipment Net	440.9M	390.8M	343.4M	299.2M	259.3M	246.3M
Net Debt	37.8B	22.7B	24.7B	(1.2B)	385.7M	366.4M
Non Current Assets Total	4.6B	12.4B	5.2B	3.9B	5.3B	7.4B
Non Currrent Assets Other	1.1B	5.5B	1.6B	664M	13.4B	14.1B
Cash And Short Term Investments	910.2M	1.6B	2.0B	13.9B	12.7B	16.0B
Liabilities And Stockholders Equity	64.4B	54.7B	47.8B	36.8B	36.9B	53.8B
Non Current Liabilities Total	2.2B	476.4M	426.7M	488.7M	324.5M	308.3M
Total Current Assets	59.7B	46.7B	44.1B	32.9B	31.6B	48.6B
Current Deferred Revenue	9.6B	19.1B	17.3B	13.9B	2.6B	2.5B
Short Term Debt	36.8B	24.2B	26.2B	2.0B	1.5B	1.5B
Other Liab	448.4M	440.3M	374M	430.3M	387.3M	367.9M
Short Term Investments	163.7M	99.9M	502.4M	10.8B	11.5B	12.0B
Accumulated Other Comprehensive Income	6.0B	6.1B	6.2B	6.1B	6.3B	5.1B
Net Tangible Assets	8.8B	993.5M	(1.5B)	14.1B	12.7B	8.0B
Short Long Term Debt	36.8B	24.2B	26.2B	2.0B	1.5B	1.5B
Net Invested Capital	47.6B	25.2B	24.7B	16.1B	17.8B	19.5B
Net Working Capital	6.6B	(6.1B)	(5.3B)	10.7B	11.3B	11.9B

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MMTC Cash And Short Term Investments vs Accounts Payable Analysis

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Accounts Payable

MMTC fundamental ratios Correlations

MMTC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MMTC fundamental ratios Accounts

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Additional Tools for MMTC Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Total Current Liabilities	+ 0.96	Total Assets
Retained Earnings	+ 0.85	Total Stockholder Equity
Cash	+ 0.83	Total Assets
Other Current Assets	+ 0.82	Other Current Liab

Common Stock Shares Outstanding	- 0.91	Non Currrent Assets Other
Non Current Liabilities Total	- 0.76	Common Stock
Net Debt	- 0.66	Retained Earnings
Other Stockholder Equity	- 0.65	Non Currrent Assets Other
Net Debt	- 0.56	Total Stockholder Equity
Common Stock	- 0.55	Long Term Debt