Must Total Current Assets vs Non Current Liabilities Total Analysis
MUST-H Stock | CAD 0.02 0.00 0.00% |
Must Capital financial indicator trend analysis is infinitely more than just investigating Must Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Must Capital is a good investment. Please check the relationship between Must Capital Total Current Assets and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Must Capital. 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 Current Assets vs Non Current Liabilities Total
Total Current Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Must Capital Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Must Capital's Total Current Assets and Non Current Liabilities Total is 0.71. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Must Capital, assuming nothing else is changed. The correlation between historical values of Must Capital's Total Current Assets and Non Current Liabilities Total 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 Current Assets of Must Capital are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Must Capital's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Non Current Liabilities Total
Most indicators from Must Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Must Capital 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 Must Capital. 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. At present, Must Capital's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 204.5 K, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
Must Capital fundamental ratios Correlations
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Must Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Must Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 46.6K | 78.7K | 6.4K | 46.2K | 114.3K | 108.6K | |
Net Tangible Assets | (692.9K) | 26.4K | (58.4K) | 511.1K | 587.8K | 617.2K | |
Retained Earnings | (24.4M) | (24.5M) | (24.7M) | (24.9M) | (25.3M) | (26.6M) | |
Accounts Payable | 33.2K | 72.4K | 1.4K | 3.7K | 94.1K | 86.9K | |
Total Current Assets | 73.0K | 20.4K | 517.5K | 360.3K | 939.0 | 892.05 | |
Common Stock | 12.5M | 9.9M | 10.9M | 11.6M | 13.4M | 12.1M | |
Total Assets | 73.0K | 20.4K | 517.5K | 360.3K | 939.0 | 892.05 | |
Total Stockholder Equity | 26.4K | (58.4K) | 511.1K | 314.2K | (113.4K) | (119.0K) | |
Cash | 70.7K | 15.5K | 517.5K | 59.3K | 939.0 | 892.05 | |
Total Liab | 46.6K | 78.7K | 6.4K | 46.2K | 114.3K | 108.6K | |
Net Invested Capital | 26.4K | (58.4K) | 511.1K | 314.2K | (113.4K) | (107.7K) | |
Net Working Capital | 26.4K | (58.4K) | 511.1K | 314.2K | (113.4K) | (119.0K) |
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Balance Sheet is a snapshot of the financial position of Must Capital at a specified time, usually calculated after every quarter, six months, or one year. Must Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Must Capital 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 Must currently owns. An asset can also be divided into two categories, current and non-current.