MongoDB Total Current Assets vs Property Plant Equipment Analysis
MDB Stock | USD 322.49 2.11 0.65% |
MongoDB financial indicator trend analysis is infinitely more than just investigating MongoDB recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MongoDB is a good investment. Please check the relationship between MongoDB Total Current Assets and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MongoDB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.
Total Current Assets vs Property Plant Equipment
Total Current Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MongoDB Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between MongoDB's Total Current Assets and Property Plant Equipment is 0.75. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of MongoDB, assuming nothing else is changed. The correlation between historical values of MongoDB's Total Current Assets and Property Plant Equipment 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 MongoDB are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., MongoDB's Total Current Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.75 |
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.Property Plant Equipment
Most indicators from MongoDB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MongoDB 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 MongoDB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.At present, MongoDB's Tax Provision 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 203.2 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 24.5M | 29.2M | 32.1M | 17.5M | Interest Income | 926K | 24.9M | 80.2M | 84.2M |
MongoDB fundamental ratios Correlations
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MongoDB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MongoDB fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.4B | 2.4B | 2.6B | 2.9B | 1.5B | |
Other Current Liab | 68.3M | 121.8M | 156.9M | 137.3M | 181.2M | 92.9M | |
Total Current Liabilities | 242.4M | 354.5M | 526.7M | 588.5M | 564.2M | 335.8M | |
Total Stockholder Equity | 82.9M | (5.0M) | 666.7M | 739.5M | 1.1B | 1.1B | |
Other Liab | 24.9M | 26.8M | 23.3M | 41.0M | 47.2M | 41.3M | |
Net Tangible Assets | (7.8M) | (87.1M) | 588.3M | 670.3M | 770.8M | 809.4M | |
Property Plant And Equipment Net | 69.5M | 97.0M | 104.4M | 99.0M | 90.4M | 73.9M | |
Current Deferred Revenue | 167.5M | 221.4M | 352.0M | 428.7M | 357.1M | 231.5M | |
Net Debt | 216.7M | 549.5M | 709.4M | 729.0M | 424.7M | 309.7M | |
Retained Earnings | (668.2M) | (935.4M) | (1.2B) | (1.5B) | (1.7B) | (1.6B) | |
Accounts Payable | 2.8M | 4.1M | 5.2M | 8.3M | 9.9M | 10.4M | |
Cash | 706.2M | 429.7M | 473.9M | 455.8M | 803.0M | 843.1M | |
Non Current Assets Total | 215.4M | 265.6M | 332.2M | 352.3M | 386.0M | 222.3M | |
Non Currrent Assets Other | 54.2M | 84.6M | 142.2M | 171.2M | 217.8M | 228.7M | |
Other Assets | 55.3M | 86.1M | 149.4M | 174.3M | 200.4M | 210.4M | |
Long Term Debt | 911.1M | 937.7M | 1.1B | 1.1B | 1.1B | 670.7M | |
Cash And Short Term Investments | 986.5M | 957.7M | 1.8B | 1.8B | 2.0B | 1.1B | |
Net Receivables | 85.6M | 135.2M | 195.4M | 285.2M | 325.6M | 341.9M | |
Common Stock Total Equity | 57K | 61K | 67K | 70K | 80.5K | 52.9K | |
Common Stock Shares Outstanding | 55.9M | 59.0M | 64.6M | 68.6M | 71.2M | 58.1M | |
Short Term Investments | 280.3M | 528.0M | 1.4B | 1.4B | 1.2B | 662.0M | |
Long Term Debt Total | 970.3M | 937.7M | 1.1B | 1.1B | 1.3B | 692.0M | |
Liabilities And Stockholders Equity | 1.3B | 1.4B | 2.4B | 2.6B | 2.9B | 1.5B | |
Non Current Liabilities Total | 1.0B | 1.1B | 1.3B | 1.3B | 1.2B | 841.0M | |
Capital Surpluse | 752.1M | 932.3M | 1.9B | 2.3B | 2.6B | 2.7B | |
Inventory | 24.2M | 36.6M | (1.4B) | 83.6M | 75.2M | 79.0M | |
Other Current Assets | 16.9M | 49.0M | 96.1M | 146.0M | 142.6M | 149.7M | |
Other Stockholder Equity | 750.8M | 931.0M | 1.9B | 2.3B | 2.8B | 2.9B | |
Total Liab | 1.2B | 1.4B | 1.8B | 1.8B | 1.8B | 1.2B | |
Deferred Long Term Liab | 821K | 773K | 81K | 225K | 202.5K | 192.4K | |
Property Plant And Equipment Gross | 69.5M | 97.0M | 104.4M | 99.0M | 115.2M | 76.9M | |
Total Current Assets | 1.1B | 1.1B | 2.1B | 2.2B | 2.5B | 1.3B | |
Accumulated Other Comprehensive Income | 225K | (704K) | (2.9M) | (905K) | 4.5M | 4.8M | |
Intangible Assets | 34.8M | 26.3M | 20.6M | 11.4M | 4.0M | 3.8M | |
Common Stock | 57K | 61K | 67K | 70K | 73K | 56.0K | |
Property Plant Equipment | 69.5M | 97.0M | 104.4M | 57.8M | 66.5M | 65.0M | |
Retained Earnings Total Equity | (668.2M) | (935.4M) | (1.2B) | (1.5B) | (1.4B) | (1.5B) | |
Net Invested Capital | 993.9M | 932.7M | 1.8B | 1.9B | 2.2B | 1.3B | |
Non Current Liabilities Other | 60.0M | 59.1M | 57.7M | 120.8M | 41.7M | 72.9M |
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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 MongoDB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MongoDB'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 Mongodb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mongodb Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MongoDB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.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 Internet Services & Infrastructure 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 MongoDB. If investors know MongoDB 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 MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.02) | Revenue Per Share 25.057 | Quarterly Revenue Growth 0.128 | Return On Assets (0.06) | Return On Equity (0.20) |
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB'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 MongoDB's market value can be influenced by many factors that don't directly affect MongoDB'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 MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine if MongoDB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB'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.