Mercurity Capital Surpluse vs Accounts Payable Analysis

MFH Stock  USD 1.41  0.02  1.44%   
Mercurity Fintech financial indicator trend analysis is infinitely more than just investigating Mercurity Fintech Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercurity Fintech Holding is a good investment. Please check the relationship between Mercurity Fintech Capital Surpluse and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercurity Fintech Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Capital Surpluse vs Accounts Payable

Capital Surpluse vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercurity Fintech Holding Capital Surpluse account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Mercurity Fintech's Capital Surpluse and Accounts Payable is 0.01. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Mercurity Fintech Holding, assuming nothing else is changed. The correlation between historical values of Mercurity Fintech's Capital Surpluse 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 Capital Surpluse of Mercurity Fintech Holding 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 Capital Surpluse i.e., Mercurity Fintech's Capital Surpluse and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Surpluse

Accounts Payable

An accounting item on the balance sheet that represents Mercurity Fintech 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 Mercurity Fintech Holding 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 Mercurity Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercurity Fintech Holding 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 Mercurity Fintech Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
As of now, Mercurity Fintech's Issuance Of Capital Stock is increasing as compared to previous years. The Mercurity Fintech's current Sales General And Administrative To Revenue is estimated to increase to 5.92, while Selling General Administrative is projected to decrease to under 2.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.1K1K646.1K678.4K
Depreciation And Amortization4.2M29.0K899.0K854.0K

Mercurity Fintech fundamental ratios Correlations

-0.16-0.27-0.140.84-0.17-0.19-0.160.160.160.260.990.220.760.99-0.07-0.17-0.160.18-0.160.28-0.17-0.210.69-0.160.54
-0.16-0.18-0.280.011.00.991.0-0.23-1.0-0.23-0.13-0.21-0.09-0.120.09-0.161.00.2-0.170.19-0.22-0.34-0.281.0-0.18
-0.27-0.180.83-0.5-0.17-0.1-0.180.670.18-0.26-0.26-0.26-0.22-0.26-0.660.88-0.180.33-0.21-0.630.550.38-0.1-0.180.13
-0.14-0.280.83-0.6-0.27-0.18-0.280.880.28-0.17-0.15-0.18-0.11-0.15-0.840.76-0.270.39-0.32-0.920.890.410.09-0.280.4
0.840.01-0.5-0.60.0-0.060.01-0.3-0.010.320.840.290.650.840.36-0.370.0-0.050.030.73-0.67-0.30.50.010.11
-0.171.0-0.17-0.270.01.01.0-0.23-1.0-0.22-0.14-0.21-0.1-0.130.09-0.151.00.19-0.160.18-0.21-0.32-0.281.0-0.19
-0.190.99-0.1-0.18-0.061.00.99-0.14-0.99-0.26-0.16-0.25-0.12-0.150.01-0.081.00.24-0.190.09-0.13-0.3-0.30.99-0.15
-0.161.0-0.18-0.280.011.00.99-0.23-1.0-0.23-0.13-0.22-0.09-0.120.09-0.161.00.2-0.170.19-0.22-0.34-0.291.0-0.18
0.16-0.230.670.88-0.3-0.23-0.14-0.230.23-0.260.18-0.290.050.17-0.920.78-0.230.57-0.31-0.830.790.320.14-0.230.46
0.16-1.00.180.28-0.01-1.0-0.99-1.00.230.230.130.210.090.12-0.10.16-1.0-0.20.17-0.190.220.340.28-1.00.18
0.26-0.23-0.26-0.170.32-0.22-0.26-0.23-0.260.230.151.00.410.130.47-0.32-0.23-0.730.070.25-0.270.440.77-0.23-0.13
0.99-0.13-0.26-0.150.84-0.14-0.16-0.130.180.130.150.110.721.0-0.11-0.15-0.130.26-0.140.28-0.17-0.240.6-0.130.55
0.22-0.21-0.26-0.180.29-0.21-0.25-0.22-0.290.211.00.110.370.090.49-0.33-0.22-0.750.050.25-0.280.430.74-0.21-0.15
0.76-0.09-0.22-0.110.65-0.1-0.12-0.090.050.090.410.720.370.720.0-0.18-0.090.1-0.190.26-0.15-0.270.82-0.090.43
0.99-0.12-0.26-0.150.84-0.13-0.15-0.120.170.120.131.00.090.72-0.12-0.15-0.120.28-0.160.29-0.16-0.260.59-0.120.55
-0.070.09-0.66-0.840.360.090.010.09-0.92-0.10.47-0.110.490.0-0.12-0.720.08-0.730.350.79-0.79-0.150.040.09-0.43
-0.17-0.160.880.76-0.37-0.15-0.08-0.160.780.16-0.32-0.15-0.33-0.18-0.15-0.72-0.150.47-0.27-0.630.470.35-0.11-0.16-0.02
-0.161.0-0.18-0.270.01.01.01.0-0.23-1.0-0.23-0.13-0.22-0.09-0.120.08-0.150.2-0.170.18-0.21-0.34-0.291.0-0.18
0.180.20.330.39-0.050.190.240.20.57-0.2-0.730.26-0.750.10.28-0.730.470.2-0.59-0.370.39-0.51-0.230.20.34
-0.16-0.17-0.21-0.320.03-0.16-0.19-0.17-0.310.170.07-0.140.05-0.19-0.160.35-0.27-0.17-0.590.26-0.260.36-0.2-0.17-0.16
0.280.19-0.63-0.920.730.180.090.19-0.83-0.190.250.280.250.260.290.79-0.630.18-0.370.26-0.95-0.360.070.19-0.34
-0.17-0.220.550.89-0.67-0.21-0.13-0.220.790.22-0.27-0.17-0.28-0.15-0.16-0.790.47-0.210.39-0.26-0.950.26-0.01-0.220.56
-0.21-0.340.380.41-0.3-0.32-0.3-0.340.320.340.44-0.240.43-0.27-0.26-0.150.35-0.34-0.510.36-0.360.260.17-0.34-0.16
0.69-0.28-0.10.090.5-0.28-0.3-0.290.140.280.770.60.740.820.590.04-0.11-0.29-0.23-0.20.07-0.010.17-0.280.38
-0.161.0-0.18-0.280.011.00.991.0-0.23-1.0-0.23-0.13-0.21-0.09-0.120.09-0.161.00.2-0.170.19-0.22-0.34-0.28-0.18
0.54-0.180.130.40.11-0.19-0.15-0.180.460.18-0.130.55-0.150.430.55-0.43-0.02-0.180.34-0.16-0.340.56-0.160.38-0.18
Click cells to compare fundamentals

Mercurity Fintech Account Relationship Matchups

Mercurity Fintech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9M11.0M9.9M18.9M30.4M60.5M
Other Current Liab836.6K692.5K1.4M1.1M2.5M2.4M
Total Current Liabilities836.6K708.5K1.4M1.4M12.3M22.1M
Total Stockholder Equity8.0M10.3M8.6M16.8M17.8M20.0M
Property Plant And Equipment Net406.0K406.0M0.06.8M5.3M5.0M
Current Deferred Revenue1.2M422.8K422.8M80K386.0K366.7K
Net Debt7.3B(174.8K)(440.6K)(6.5M)(6.5M)(6.2M)
Retained Earnings(638.4M)(640.0M)(660.8M)(667.3M)(676.7M)(710.5M)
Accounts Payable(7.7B)16K0.022.1K24.5K25.7K
Cash435.2K174.8K440.6K7.4M16.1M16.9M
Non Current Assets Total6.7M8.5M8.2M11.4M6.7M6.4M
Cash And Short Term Investments435.2K174.8K440.6K7.4M18.4M19.4M
Net Receivables1.7M2.3M1.5K35.9K5.2M3.4M
Common Stock Shares Outstanding775.4M2.4B8.7M13.0M45.8M43.5M
Liabilities And Stockholders Equity8.9M11.0M9.9M18.9M30.4M60.5M
Non Current Liabilities Total18.6B16K0.0634.5K282.3K268.2K
Inventory585.8M(768.4M)(1.3B)(7.5B)(6.8B)(6.4B)
Other Current Assets(585.8M)768.4M1.3B7.5B46.0K43.7K
Other Stockholder Equity645.3M649.1M668.2M682.8M693.1M520.0M
Total Liab836.6K708.5K1.4M2.1M12.6M11.9M
Property Plant And Equipment Gross2.6M406.0K0.06.9M6.6M3.5M
Total Current Assets2.1M2.5M1.7M7.5M23.7M24.9M
Accumulated Other Comprehensive Income1.1M1.1M1.1M1.2M1.2M1.2M
Short Term Debt7.7M7.3M7.3B269.7K9.4M8.9M
Common Stock21.1K29.8K49.4K140.7K243.3K231.1K
Other Assets406.0K1.2M383.3K8.2M7.4M7.0M
Net Tangible Assets(22.2M)2.5M2.1M8.6M7.7M10.2M
Non Currrent Assets Other161.7K406.0K(406.0M)57.3K177.3K186.2K
Net Invested Capital8.0M10.3M8.6M16.8M26.8M19.1M
Net Working Capital1.3M1.8M369.9K6.1M11.4M12.0M

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When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech'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 Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercurity Fintech Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Mercurity Fintech Holding information on this page should be used as a complementary analysis to other Mercurity Fintech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Mercurity Fintech's price analysis, check to measure Mercurity Fintech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mercurity Fintech is operating at the current time. Most of Mercurity Fintech's value examination focuses on studying past and present price action to predict the probability of Mercurity Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercurity Fintech's price. Additionally, you may evaluate how the addition of Mercurity Fintech to your portfolios can decrease your overall portfolio volatility.
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Is Mercurity Fintech's industry 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 Mercurity Fintech. If investors know Mercurity 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 Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
0.01
Quarterly Revenue Growth
1.485
Return On Assets
(0.21)
Return On Equity
(0.54)
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech'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 Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech'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 Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech'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.