Monks Total Assets vs Total Current Assets Analysis

MNKS Stock   1,270  6.00  0.47%   
Monks Investment financial indicator trend analysis is infinitely more than just investigating Monks Investment Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monks Investment Trust is a good investment. Please check the relationship between Monks Investment Total Assets and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monks Investment Trust. 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.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monks Investment Trust Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Monks Investment's Total Assets and Total Current Assets is 0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Monks Investment Trust, assuming nothing else is changed. The correlation between historical values of Monks Investment's Total Assets 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 Total Assets of Monks Investment Trust 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 Total Assets i.e., Monks Investment's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Monks Investment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Monks Investment Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Monks Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monks Investment Trust 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 Monks Investment Trust. 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 11.8 M in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.

Monks Investment fundamental ratios Correlations

1.0-0.330.65-0.190.560.140.80.390.5-0.110.64-0.170.350.140.87-0.660.470.340.010.58-0.140.630.670.310.4
1.0-0.350.66-0.210.570.150.780.370.51-0.130.64-0.180.320.140.88-0.670.490.31-0.010.58-0.140.630.680.30.4
-0.33-0.35-0.380.050.050.34-0.130.31-0.430.61-0.510.620.14-0.57-0.470.5-0.070.470.56-0.460.020.22-0.220.19-0.46
0.650.66-0.38-0.080.550.220.370.120.62-0.160.32-0.10.21-0.030.59-0.470.56-0.060.00.2-0.470.530.830.4-0.18
-0.19-0.210.05-0.080.170.030.070.110.050.11-0.1-0.180.17-0.17-0.30.330.09-0.140.01-0.02-0.250.09-0.160.14-0.08
0.560.570.050.550.170.70.280.440.30.290.130.14-0.23-0.390.39-0.240.870.00.370.35-0.240.880.540.36-0.1
0.140.150.340.220.030.7-0.120.390.330.4-0.250.36-0.33-0.56-0.040.140.53-0.090.48-0.06-0.120.560.390.41-0.39
0.80.78-0.130.370.070.28-0.120.50.280.150.68-0.190.590.290.65-0.450.090.480.180.56-0.070.340.390.240.39
0.390.370.310.120.110.440.390.50.030.71-0.050.040.17-0.44-0.070.36-0.040.290.72-0.03-0.380.340.290.75-0.09
0.50.51-0.430.620.050.30.330.280.03-0.360.3-0.170.260.050.45-0.340.31-0.25-0.240.18-0.240.250.690.370.01
-0.11-0.130.61-0.160.110.290.40.150.71-0.36-0.240.41-0.14-0.35-0.370.46-0.090.170.97-0.19-0.090.11-0.020.34-0.45
0.640.64-0.510.32-0.10.13-0.250.68-0.050.3-0.24-0.070.190.80.78-0.770.190.02-0.230.760.460.110.11-0.350.63
-0.17-0.180.62-0.1-0.180.140.36-0.190.04-0.170.41-0.07-0.08-0.15-0.120.060.160.220.44-0.30.370.23-0.05-0.09-0.38
0.350.320.140.210.17-0.23-0.330.590.170.26-0.140.19-0.080.020.22-0.09-0.250.59-0.11-0.11-0.270.090.270.340.07
0.140.14-0.57-0.03-0.17-0.39-0.560.29-0.440.05-0.350.8-0.150.020.45-0.6-0.21-0.19-0.390.540.62-0.45-0.24-0.690.54
0.870.88-0.470.59-0.30.39-0.040.65-0.070.45-0.370.78-0.120.220.45-0.940.530.24-0.260.70.160.490.53-0.140.48
-0.66-0.670.5-0.470.33-0.240.14-0.450.36-0.340.46-0.770.06-0.09-0.6-0.94-0.5-0.130.37-0.7-0.35-0.33-0.360.43-0.46
0.470.49-0.070.560.090.870.530.09-0.040.31-0.090.190.16-0.25-0.210.53-0.5-0.07-0.020.41-0.050.850.440.01-0.01
0.340.310.47-0.06-0.140.0-0.090.480.29-0.250.170.020.220.59-0.190.24-0.13-0.070.240.02-0.060.360.160.190.07
0.01-0.010.560.00.010.370.480.180.72-0.240.97-0.230.44-0.11-0.39-0.260.37-0.020.24-0.2-0.180.20.190.43-0.52
0.580.58-0.460.2-0.020.35-0.060.56-0.030.18-0.190.76-0.3-0.110.540.7-0.70.410.02-0.20.410.280.04-0.380.66
-0.14-0.140.02-0.47-0.25-0.24-0.12-0.07-0.38-0.24-0.090.460.37-0.270.620.16-0.35-0.05-0.06-0.180.41-0.23-0.57-0.80.45
0.630.630.220.530.090.880.560.340.340.250.110.110.230.09-0.450.49-0.330.850.360.20.28-0.230.530.35-0.03
0.670.68-0.220.83-0.160.540.390.390.290.69-0.020.11-0.050.27-0.240.53-0.360.440.160.190.04-0.570.530.61-0.28
0.310.30.190.40.140.360.410.240.750.370.34-0.35-0.090.34-0.69-0.140.430.010.190.43-0.38-0.80.350.61-0.37
0.40.4-0.46-0.18-0.08-0.1-0.390.39-0.090.01-0.450.63-0.380.070.540.48-0.46-0.010.07-0.520.660.45-0.03-0.28-0.37
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Monks Investment Account Relationship Matchups

Monks Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B3.4B2.7B2.6B2.9B1.7M
Total Stockholder Equity2.0B3.2B2.5B2.4B2.7B(9.8M)
Retained Earnings1.8B2.9B2.2B2.0B73.5M(60.0M)
Accounts Payable5.9M941K7.1M4.6M7.2M2.0M
Cash19.5M108.7M35.9M42.2M38.6M94.1K
Long Term Debt39.9M39.9M139.8M3.9M3.5M3.3M
Total Liab152.3M145.8M226.8M194.2M237.1M8.4M
Common Stock10.9M11.2M11.8M11.5M12.7M630.5K
Other Assets2.0B2.1B3.4B2.7B1.7M151.3K
Common Stock Shares Outstanding220.0M227.9M235.3M227.9M224.1M200.9M
Short Long Term Debt Total152.3M139.8M174.9M99.9M223.2M112.2M
Other Current Liab2.6M(986K)4.1M(79.6M)(57.2M)851.8K
Total Current Liabilities112.4M5.1M126.3M93.1M68.2M4.5M
Net Debt132.8M31.1M139.0M57.7M184.6M193.8M
Non Current Assets Total2.1B3.2B2.7B2.6B2.8B1.6B
Non Currrent Assets Other(2.1B)(3.2B)(2.7B)(2.6B)(2.8B)(2.7B)
Cash And Short Term Investments19.5M108.7M35.9M42.2M38.6M34.2M
Net Receivables6.3M2.8M7.3M19.1M10.7M229.0K
Common Stock Total Equity10.9M10.9M11.2M11.8M10.6M9.9M
Liabilities And Stockholders Equity2.1B3.4B2.7B2.6B2.9B1.7B
Non Current Liabilities Total39.9M139.8M99.9M99.9M177.0M93.9M
Other Stockholder Equity48.0M103.0M270.9M(1.5B)2.6B2.7B
Total Current Assets27.1M112.7M44.0M62.6M51.1M634.0K
Net Tangible Assets2.0B3.2B2.5B2.4B(10.0M)(9.5M)
Inventory(889K)(1.3M)(1.2M)(810K)50.2M225.2K
Other Current Assets1.3M1.2M810K1.3M1.8M85.8K
Long Term Investments2.1B3.2B2.7B2.6B2.8B154.5K
Short Term Debt99.3M103.9M115.0M75M50M1.6M
Current Deferred Revenue11.3M(103.9M)(115.0M)(85.0M)(42.8M)(45.0M)
Capital Surpluse36.0M48.0M94.3M262.2M301.5M316.6M
Net Invested Capital2.1B3.3B2.7B2.5B2.9B2.6B

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