MYT Cash vs Good Will Analysis
MYTE Stock | USD 7.02 0.21 2.90% |
MYT Netherlands financial indicator trend analysis is infinitely more than just investigating MYT Netherlands Parent recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MYT Netherlands Parent is a good investment. Please check the relationship between MYT Netherlands Cash and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYT Netherlands Parent. 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.
Cash vs Good Will
Cash vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MYT Netherlands Parent Cash account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between MYT Netherlands' Cash and Good Will is 0.15. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of MYT Netherlands Parent, assuming nothing else is changed. The correlation between historical values of MYT Netherlands' Cash and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of MYT Netherlands Parent are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., MYT Netherlands' Cash and Good Will go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of MYT Netherlands Parent, which is listed under current asset account on MYT Netherlands Parent balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MYT Netherlands customers. The amounts must be unrestricted with restricted cash listed in a different MYT Netherlands account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from MYT Netherlands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MYT Netherlands Parent 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 MYT Netherlands Parent. 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. At present, MYT Netherlands' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 998K | 2.8M | 4.8M | 4.9M | Depreciation And Amortization | 9.8M | 11.2M | 15.2M | 10.5M |
MYT Netherlands fundamental ratios Correlations
Click cells to compare fundamentals
MYT Netherlands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MYT Netherlands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 385.8M | 521.9M | 614.8M | 694.0M | 696.5M | 529.1M | |
Short Long Term Debt Total | 220.9M | 14.1M | 22.0M | 57.7M | 49.8M | 78.3M | |
Other Current Liab | 46.1M | 59.3M | 85.6M | 90.3M | 99.7M | 61.8M | |
Total Current Liabilities | 104.8M | 124.4M | 161.9M | 193.7M | 217.6M | 134.9M | |
Total Stockholder Equity | 64.4M | 385.7M | 431.7M | 447.4M | 435.6M | 287.1M | |
Property Plant And Equipment Net | 28.6M | 22.8M | 39.4M | 92.0M | 89.1M | 50.1M | |
Current Deferred Revenue | 6.8M | 11.0M | 10.7M | 11.4M | 17.1M | 9.3M | |
Net Debt | 211.5M | (62.6M) | (91.5M) | 27.5M | 34.7M | 51.4M | |
Retained Earnings | (28.2M) | (60.8M) | (68.7M) | (83.9M) | (112.8M) | (107.1M) | |
Accounts Payable | 36.2M | 43.6M | 45.2M | 71.1M | 85.3M | 50.1M | |
Cash | 9.4M | 76.8M | 113.5M | 30.1M | 15.1M | 14.4M | |
Non Current Assets Total | 183.5M | 178.4M | 201.0M | 253.9M | 253.6M | 224.0M | |
Non Currrent Assets Other | 184K | (183.5M) | 1K | 6.5M | 9.6M | 10.1M | |
Cash And Short Term Investments | 9.4M | 76.8M | 113.5M | 30.1M | 15.1M | 14.4M | |
Net Receivables | 4.8M | 5.9M | 8.3M | 7.5M | 11.8M | 7.3M | |
Liabilities And Stockholders Equity | 385.8M | 521.9M | 614.8M | 694.0M | 696.5M | 529.1M | |
Non Current Liabilities Total | 216.6M | 11.8M | 21.2M | 52.9M | 43.3M | 77.9M | |
Capital Lease Obligations | 19.7M | 14.1M | 22.0M | 57.7M | 49.8M | 31.5M | |
Inventory | 169.1M | 247.1M | 230.1M | 360.3M | 370.6M | 232.6M | |
Other Current Assets | 15.1M | 13.6M | 27.9M | 42.1M | 45.3M | 47.6M | |
Other Stockholder Equity | 118.9M | 1K | 500.4M | (4.0M) | (4.6M) | (4.4M) | |
Total Liab | 321.4M | 136.2M | 183.1M | 246.5M | 260.9M | 242.0M | |
Net Invested Capital | 265.6M | 385.7M | 431.7M | 447.4M | 435.6M | 363.2M | |
Property Plant And Equipment Gross | 28.6M | 22.8M | 39.4M | 92.0M | 157.6M | 165.5M | |
Total Current Assets | 202.3M | 343.5M | 413.8M | 440.0M | 442.9M | 305.1M | |
Accumulated Other Comprehensive Income | 92.6M | 446.6M | 500.4M | 531.3M | 548.4M | 351.3M | |
Net Working Capital | 97.4M | 233.4M | 251.9M | 246.4M | 225.3M | 172.2M | |
Short Term Debt | 15.8M | 5.4M | 5.2M | 8.2M | 9.3M | 8.4M | |
Intangible Assets | 16.1M | 16.7M | 16.3M | 16.4M | 16.1M | 17.9M | |
Other Liab | 11.5M | 17.3M | 4.4M | 3.4M | 3.0M | 2.9M | |
Net Tangible Assets | (90.6M) | 230.1M | 276.4M | 292.1M | 336.0M | 352.8M | |
Non Current Liabilities Other | 5.9M | 2K | 1K | (1K) | (900.0) | (855.0) | |
Property Plant Equipment | 28.6M | 22.8M | 39.4M | 92.0M | 105.8M | 111.1M | |
Short Term Investments | 1.8M | 816K | 414K | 15K | 13.5K | 12.8K |
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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 MYT Netherlands Parent is a strong investment it is important to analyze MYT Netherlands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYT Netherlands' future performance. For an informed investment choice regarding MYT Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYT Netherlands Parent. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Apparel, Accessories & Luxury Goods 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 MYT Netherlands. If investors know MYT 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 MYT Netherlands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.91) | Earnings Share (0.45) | Revenue Per Share 9.687 | Quarterly Revenue Growth 0.104 | Return On Assets (0.01) |
The market value of MYT Netherlands Parent is measured differently than its book value, which is the value of MYT that is recorded on the company's balance sheet. Investors also form their own opinion of MYT Netherlands' value that differs from its market value or its book value, called intrinsic value, which is MYT Netherlands' 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 MYT Netherlands' market value can be influenced by many factors that don't directly affect MYT Netherlands' 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 MYT Netherlands' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYT Netherlands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYT Netherlands' 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.