Mitek Total Current Liabilities from 2010 to 2025

MITK Stock  USD 9.44  0.08  0.84%   
Mitek Systems Total Current Liabilities yearly trend continues to be quite stable with very little volatility. Total Current Liabilities may rise above about 50.9 M this year. Total Current Liabilities is the total amount of liabilities that Mitek Systems is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1988-09-30
Previous Quarter
38.5 M
Current Value
195.6 M
Quarterly Volatility
20.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.5 M, Interest Expense of 8.5 M or Total Revenue of 207.8 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 1.61. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
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Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.

Latest Mitek Systems' Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Mitek Systems over the last few years. Total Current Liabilities is an item on Mitek Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mitek Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Mitek Systems' Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Mitek Total Current Liabilities Regression Statistics

Arithmetic Mean23,940,334
Geometric Mean16,569,168
Coefficient Of Variation76.71
Mean Deviation16,091,902
Median20,383,000
Standard Deviation18,364,809
Sample Variance337.3T
Range48.4M
R-Value0.95
Mean Square Error33.6T
R-Squared0.91
Slope3,673,941
Total Sum of Squares5059T

Mitek Total Current Liabilities History

202550.9 M
202448.5 M
202342.1 M
202251.5 M
202140.5 M
202038.5 M
201924.4 M

About Mitek Systems Financial Statements

Mitek Systems investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Mitek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities48.5 M50.9 M

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When determining whether Mitek Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mitek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 Mitek Systems. If investors know Mitek 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 Mitek Systems 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
32.261
Earnings Share
0.29
Revenue Per Share
3.855
Quarterly Revenue Growth
0.106
Return On Assets
0.0278
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' 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 Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' 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.