MMTEC Capital Surpluse vs Total Current Assets Analysis

MTC Stock  USD 0.24  0.07  23.87%   
MMTEC financial indicator trend analysis is infinitely more than just investigating MMTEC Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MMTEC Inc is a good investment. Please check the relationship between MMTEC Capital Surpluse and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Capital Surpluse vs Total Current Assets

Capital Surpluse vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MMTEC Inc Capital Surpluse account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between MMTEC's Capital Surpluse and Total Current Assets is 0.66. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of MMTEC Inc, assuming nothing else is changed. The correlation between historical values of MMTEC's Capital Surpluse 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 Capital Surpluse of MMTEC Inc 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 Capital Surpluse i.e., MMTEC's Capital Surpluse and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Surpluse

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 MMTEC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MMTEC Inc 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 MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of November 22, 2024, Selling General Administrative is expected to decline to about 3.6 M. Issuance Of Capital Stock is expected to grow at the current pace this year

MMTEC fundamental ratios Correlations

0.910.851.00.760.360.960.830.131.01.0-0.050.13-0.19-0.640.990.630.130.210.971.00.360.161.00.391.0
0.910.860.910.640.390.920.76-0.030.920.920.07-0.03-0.37-0.530.910.620.140.250.880.920.560.030.910.390.91
0.850.860.850.910.70.720.450.460.820.820.140.460.05-0.830.80.890.340.470.930.840.780.520.810.690.85
1.00.910.850.770.360.960.830.151.01.0-0.050.15-0.18-0.640.990.640.130.210.971.00.360.171.00.391.0
0.760.640.910.770.740.570.30.650.720.720.050.650.26-0.870.70.860.270.60.890.740.650.740.710.680.76
0.360.390.70.360.740.2-0.130.570.320.310.550.570.11-0.710.270.910.650.670.530.350.840.690.30.950.36
0.960.920.720.960.570.20.92-0.150.980.98-0.09-0.15-0.44-0.470.980.470.050.130.880.970.23-0.110.980.220.96
0.830.760.450.830.3-0.130.92-0.30.860.87-0.13-0.3-0.42-0.160.880.17-0.11-0.240.680.85-0.1-0.350.87-0.040.84
0.13-0.030.460.150.650.57-0.15-0.30.070.070.191.00.85-0.560.040.60.310.240.310.090.470.960.060.590.13
1.00.920.821.00.720.320.980.860.071.0-0.060.07-0.24-0.61.00.590.110.180.951.00.330.11.00.351.0
1.00.920.821.00.720.310.980.870.071.0-0.070.07-0.24-0.591.00.590.110.170.951.00.320.091.00.341.0
-0.050.070.14-0.050.050.55-0.09-0.130.19-0.06-0.070.19-0.070.09-0.090.40.53-0.06-0.02-0.050.410.14-0.070.66-0.05
0.13-0.030.460.150.650.57-0.15-0.31.00.070.070.190.85-0.560.040.60.310.240.310.090.470.960.060.590.13
-0.19-0.370.05-0.180.260.11-0.44-0.420.85-0.24-0.24-0.070.85-0.22-0.260.140.04-0.09-0.06-0.230.090.74-0.250.17-0.19
-0.64-0.53-0.83-0.64-0.87-0.71-0.47-0.16-0.56-0.6-0.590.09-0.56-0.22-0.57-0.87-0.52-0.6-0.78-0.62-0.63-0.66-0.58-0.67-0.64
0.990.910.80.990.70.270.980.880.041.01.0-0.090.04-0.26-0.570.560.070.160.941.00.290.071.00.31.0
0.630.620.890.640.860.910.470.170.60.590.590.40.60.14-0.870.560.670.510.770.620.820.660.580.920.63
0.130.140.340.130.270.650.05-0.110.310.110.110.530.310.04-0.520.070.670.120.220.130.440.290.090.750.13
0.210.250.470.210.60.670.13-0.240.240.180.17-0.060.24-0.09-0.60.160.510.120.380.20.60.50.170.430.2
0.970.880.930.970.890.530.880.680.310.950.95-0.020.31-0.06-0.780.940.770.220.380.960.520.370.950.530.97
1.00.920.841.00.740.350.970.850.091.01.0-0.050.09-0.23-0.621.00.620.130.20.960.360.131.00.371.0
0.360.560.780.360.650.840.23-0.10.470.330.320.410.470.09-0.630.290.820.440.60.520.360.570.310.780.36
0.160.030.520.170.740.69-0.11-0.350.960.10.090.140.960.74-0.660.070.660.290.50.370.130.570.080.620.16
1.00.910.811.00.710.30.980.870.061.01.0-0.070.06-0.25-0.581.00.580.090.170.951.00.310.080.331.0
0.390.390.690.390.680.950.22-0.040.590.350.340.660.590.17-0.670.30.920.750.430.530.370.780.620.330.38
1.00.910.851.00.760.360.960.840.131.01.0-0.050.13-0.19-0.641.00.630.130.20.971.00.360.161.00.38
Click cells to compare fundamentals

MMTEC Account Relationship Matchups

MMTEC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2M3.7M14.6M11.4M157.0M164.8M
Other Current Liab402.9K227.7K(64.0K)362.7K1.4M1.4M
Total Current Liabilities805.5K658.0K1.1M1.2M2.0M2.1M
Total Stockholder Equity4.8M2.7M13.4M9.4M122.4M128.5M
Net Tangible Assets(444.3K)4.8M2.7M13.4M15.4M16.1M
Property Plant And Equipment Net1.1M765.5K709.6K1.2M774.5K649.1K
Net Debt(2.7M)(639.1K)(10.7M)(2.8M)31.4M33.0M
Retained Earnings(6.4M)(9.6M)(16.6M)(22.3M)26.7M28.0M
Cash3.6M1.4M11.2M3.8M1.8M3.2M
Non Current Assets Total1.9M1.5M739.1K2.4M154.0M161.7M
Non Currrent Assets Other605.6K112.9K29.5K1.1M153.2M160.8M
Other Assets0.0605.6K112.9K29.5K33.9K32.2K
Cash And Short Term Investments3.6M1.4M11.2M3.8M1.8M3.2M
Common Stock Shares Outstanding2.0M2.0M2.5M3.5M105.2M110.5M
Liabilities And Stockholders Equity6.2M3.7M14.6M11.4M157.0M164.8M
Non Current Liabilities Total648.3K356.4K107.5K857.2K32.6M34.3M
Inventory376.2K642.5K213.5K129.9K149.4K223.5K
Other Current Assets33.2K659.8K316.8K5.0M1.2M1.0M
Other Stockholder Equity11.2M12.2M29.9M31.7M92.5M97.1M
Total Liab1.5M1.0M1.2M2.0M34.6M36.4M
Total Current Assets4.3M2.3M13.8M9.0M3.0M4.7M
Accumulated Other Comprehensive Income(119.4K)(1.7K)43.4K(141.5K)1.2M1.2M
Short Term Debt339.3K430.4K712.5K811.2K615.6K432.9K
Common Stock56.1K20.8K31.4K51.5K2.0M2.1M
Property Plant Equipment32.4K1.1M765.5K709.6K816.1K496.2K
Net Invested Capital4.8M2.7M13.4M9.4M154.9M162.6M
Net Working Capital3.5M1.6M12.7M7.9M1.0M978.1K
Short Long Term Debt Total987.7K786.8K463.8K1.1M33.2M34.8M
Capital Stock56.1K20.8K31.4K51.5K2.0M2.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 MMTEC. If investors know MMTEC 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 MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.008
Quarterly Revenue Growth
2.895
Return On Assets
(0.04)
Return On Equity
(0.07)
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC'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 MMTEC's market value can be influenced by many factors that don't directly affect MMTEC'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 MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC'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.