Monte Accounts Payable vs Other Current Liab Analysis

MONTECARLO   838.60  25.35  3.12%   
Monte Carlo financial indicator trend analysis is infinitely more than just investigating Monte Carlo Fashions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monte Carlo Fashions is a good investment. Please check the relationship between Monte Carlo Accounts Payable and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monte Carlo Fashions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monte Carlo Fashions Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Monte Carlo's Accounts Payable and Other Current Liab is 0.3. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Monte Carlo Fashions, assuming nothing else is changed. The correlation between historical values of Monte Carlo's Accounts Payable and Other Current Liab 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 Monte Carlo Fashions are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Monte Carlo's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Monte Carlo 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 Monte Carlo Fashions 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.

Other Current Liab

Most indicators from Monte Carlo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monte Carlo Fashions 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 Monte Carlo Fashions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Selling General Administrative is expected to grow to about 58.5 M. The current year's Tax Provision is expected to grow to about 316 M
 2021 2022 2023 2024 (projected)
Gross Profit3.8B5.2B4.0B3.3B
Total Revenue9.0B11.2B10.6B7.7B

Monte Carlo fundamental ratios Correlations

0.780.720.980.970.960.870.60.75-0.740.960.110.410.410.97-0.530.760.780.980.25-0.170.980.990.77-0.60.81
0.780.870.770.710.790.960.860.53-0.470.8-0.10.260.370.68-0.890.460.970.770.14-0.080.810.750.98-0.860.98
0.720.870.710.660.740.820.730.3-0.350.73-0.220.410.450.56-0.730.430.850.74-0.150.010.740.690.85-0.690.83
0.980.770.710.930.920.830.560.72-0.660.950.030.350.330.95-0.470.650.750.980.2-0.090.990.970.78-0.570.81
0.970.710.660.930.920.850.530.74-0.850.910.250.450.430.97-0.520.840.720.940.25-0.160.910.980.71-0.60.76
0.960.790.740.920.920.860.580.73-0.670.970.150.420.380.89-0.580.690.840.910.35-0.250.950.920.74-0.610.78
0.870.960.820.830.850.860.790.65-0.70.860.10.350.380.82-0.860.640.940.840.24-0.110.850.850.95-0.870.97
0.60.860.730.560.530.580.790.39-0.290.56-0.270.240.570.46-0.80.460.840.570.08-0.330.630.60.83-0.690.81
0.750.530.30.720.740.730.650.39-0.680.680.260.40.460.79-0.340.740.610.630.5-0.390.730.760.47-0.460.55
-0.74-0.47-0.35-0.66-0.85-0.67-0.7-0.29-0.68-0.66-0.57-0.44-0.25-0.840.44-0.84-0.48-0.66-0.40.14-0.62-0.76-0.480.56-0.57
0.960.80.730.950.910.970.860.560.68-0.660.080.430.240.91-0.560.60.80.940.27-0.110.970.910.78-0.620.81
0.11-0.1-0.220.030.250.150.1-0.270.26-0.570.08-0.15-0.050.28-0.060.39-0.040.010.280.120.00.13-0.1-0.19-0.01
0.410.260.410.350.450.420.350.240.4-0.440.43-0.150.340.33-0.190.50.310.330.05-0.280.360.390.22-0.230.25
0.410.370.450.330.430.380.380.570.46-0.250.24-0.050.340.3-0.260.720.450.32-0.09-0.50.380.480.28-0.220.3
0.970.680.560.950.970.890.820.460.79-0.840.910.280.330.3-0.460.760.680.930.33-0.110.920.970.69-0.590.75
-0.53-0.89-0.73-0.47-0.52-0.58-0.86-0.8-0.340.44-0.56-0.06-0.19-0.26-0.46-0.34-0.87-0.48-0.220.09-0.52-0.5-0.850.94-0.86
0.760.460.430.650.840.690.640.460.74-0.840.60.390.50.720.76-0.340.520.650.24-0.40.650.810.42-0.410.49
0.780.970.850.750.720.840.940.840.61-0.480.8-0.040.310.450.68-0.870.520.740.28-0.260.810.750.91-0.830.92
0.980.770.740.980.940.910.840.570.63-0.660.940.010.330.320.93-0.480.650.740.15-0.070.970.970.79-0.540.81
0.250.14-0.150.20.250.350.240.080.5-0.40.270.280.05-0.090.33-0.220.240.280.15-0.660.240.230.04-0.220.12
-0.17-0.080.01-0.09-0.16-0.25-0.11-0.33-0.390.14-0.110.12-0.28-0.5-0.110.09-0.4-0.26-0.07-0.66-0.18-0.20.07-0.030.02
0.980.810.740.990.910.950.850.630.73-0.620.970.00.360.380.92-0.520.650.810.970.24-0.180.960.79-0.580.82
0.990.750.690.970.980.920.850.60.76-0.760.910.130.390.480.97-0.50.810.750.970.23-0.20.960.75-0.580.79
0.770.980.850.780.710.740.950.830.47-0.480.78-0.10.220.280.69-0.850.420.910.790.040.070.790.75-0.850.99
-0.6-0.86-0.69-0.57-0.6-0.61-0.87-0.69-0.460.56-0.62-0.19-0.23-0.22-0.590.94-0.41-0.83-0.54-0.22-0.03-0.58-0.58-0.85-0.88
0.810.980.830.810.760.780.970.810.55-0.570.81-0.010.250.30.75-0.860.490.920.810.120.020.820.790.99-0.88
Click cells to compare fundamentals

Monte Carlo Account Relationship Matchups

Monte Carlo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B9.4B11.2B15.0B15.2B9.8B
Short Long Term Debt Total1.2B1.2B1.6B3.3B3.8B4.0B
Other Current Liab3K467.3M868.8M1.1B1.2B1.2B
Total Current Liabilities2.6B2.3B3.3B5.4B5.2B2.9B
Total Stockholder Equity5.5B6.0B6.9B7.8B7.9B5.9B
Property Plant And Equipment Net2.3B2.3B2.3B2.9B3.3B2.2B
Net Debt1.2B1.2B1.6B3.3B3.8B4.0B
Retained Earnings678.8M1.3B2.1B3.0B3.2B3.3B
Accounts Payable1.7B1.4B1.4B1.9B1.4B1.1B
Cash13.4M4.4M4.2M17.1M14.8M14.1M
Non Current Assets Total3.0B2.6B3.1B4.3B5.3B3.0B
Non Currrent Assets Other1.2B2.2B90.9M209.3M692.8M845.1M
Other Assets226.9M174.3M782.7M306.4M352.4M301.7M
Cash And Short Term Investments1.1B2.1B2.1B2.0B1.3B1.6B
Net Receivables2.6B2.3B2.6B3.8B3.9B2.4B
Common Stock Shares Outstanding21.7M22.2M20.7M20.7M18.7M17.0M
Short Term Investments1.1B2.1B2.1B2.0B1.3B1.2B
Liabilities And Stockholders Equity9.1B9.4B11.2B15.0B15.2B9.8B
Non Current Liabilities Total1.1B1.0B1.1B1.8B2.0B2.1B
Inventory2.2B2.0B2.9B4.6B4.3B2.6B
Other Current Assets2.9B383.1M439.5M384.3M506M473.4M
Other Stockholder Equity(4.7B)747.0M(3.1B)747M4.6B4.8B
Total Liab3.7B3.3B4.3B7.2B7.2B3.9B
Total Current Assets6.1B6.8B8.1B10.6B9.8B6.8B
Accumulated Other Comprehensive Income(2.2B)3.8B3.8B3.8B6.9M6.6M
Short Term Debt300.5M346.5M732.5M2.2B2.5B2.7B
Other Liab199.6M196.5M256.2M624.4M718.1M754.0M
Net Tangible Assets5.4B6.0B6.9B7.7B8.8B5.9B
Current Deferred Revenue612.0M557.6M1.1B388.2M110M104.5M
Long Term Debt128.7M163.1M117.3M83.3M27M0.0
Short Long Term Debt200.5M184.8M601.0M2.0B2.2B2.3B
Intangible Assets5.8M3.6M21.9M73.7M59.7M62.7M
Property Plant Equipment2.3B2.3B2.3B2.9B3.4B2.2B
Long Term Debt Total867.0M836.8M824.5M1.1B1.3B1.4B
Net Invested Capital5.8B6.3B7.6B9.8B10.1B8.0B
Net Working Capital3.5B4.5B4.8B5.2B4.6B4.6B

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Other Information on Investing in Monte Stock

Balance Sheet is a snapshot of the financial position of Monte Carlo Fashions at a specified time, usually calculated after every quarter, six months, or one year. Monte Carlo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Monte Carlo and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Monte currently owns. An asset can also be divided into two categories, current and non-current.