Multi Net Tangible Assets vs Accounts Payable Analysis
MUSS Stock | USD 0.0001 0.00 0.00% |
Multi Solutions financial indicator trend analysis is infinitely more than just investigating Multi Solutions II recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Multi Solutions II is a good investment. Please check the relationship between Multi Solutions Net Tangible Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Solutions II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Multi Solutions II Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Multi Solutions' Net Tangible Assets and Accounts Payable is -0.36. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Multi Solutions II, assuming nothing else is changed. The correlation between historical values of Multi Solutions' Net Tangible Assets 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 Net Tangible Assets of Multi Solutions II 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 Net Tangible Assets i.e., Multi Solutions' Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Accounts Payable
An accounting item on the balance sheet that represents Multi Solutions 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 Multi Solutions II 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 Multi Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Multi Solutions II 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 Multi Solutions II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Sales General And Administrative To Revenue is likely to gain to 1.16 in 2024, whereas Selling General Administrative is likely to drop slightly above 36.9 K in 2024.
Multi Solutions fundamental ratios Correlations
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Multi Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Multi Solutions fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.8K | 8.6K | 7.4K | 13.2K | 3.7K | 3.5K | |
Total Current Liabilities | 53.1K | 62.7K | 16.6K | 15.5K | 19.1K | 35.3K | |
Total Stockholder Equity | (743.4K) | (835.6K) | (931.3K) | (1.0M) | (1.2M) | (1.1M) | |
Net Tangible Assets | (743.4K) | (835.6K) | (931.3K) | (1.0M) | (931.6K) | (978.2K) | |
Retained Earnings | (9.2M) | (9.3M) | (9.4M) | (9.5M) | (9.6M) | (10.1M) | |
Accounts Payable | 53.1K | 62.7K | 16.6K | 15.5K | 17.9K | 17.0K | |
Cash | 29.8K | 8.6K | 7.4K | 13.2K | 2.4K | 2.3K | |
Long Term Debt | 720.1K | 781.5K | 922.0K | 1.0M | 1.1M | 720.0K | |
Total Liab | 773.2K | 844.2K | 938.7K | 1.0M | 1.2M | 755.3K | |
Total Current Assets | 29.8K | 8.6K | 7.4K | 13.2K | 3.7K | 3.5K | |
Non Current Liabilities Total | 720.1K | 781.5K | 922.0K | 1.0M | 1.1M | 762.1K | |
Net Debt | 690.3K | 772.9K | 914.7K | 1.0M | 1.1M | 890.9K | |
Net Invested Capital | (23.4K) | (54.1K) | (9.2K) | (2.4K) | (15.4K) | (16.2K) | |
Net Working Capital | (23.4K) | (54.1K) | (9.2K) | (2.4K) | (15.4K) | (16.2K) |
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