Medalist Net Working Capital vs Net Tangible Assets Analysis

MDRR Stock

USD 10.39 0.06 0.57%

Medalist Diversified financial indicator trend analysis is infinitely more than just investigating Medalist Diversified Reit recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medalist Diversified Reit is a good investment. Please check the relationship between Medalist Diversified Net Working Capital and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Working Capital vs Net Tangible Assets

Net Working Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medalist Diversified Reit Net Working Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Medalist Diversified's Net Working Capital and Net Tangible Assets is 0.79. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Medalist Diversified Reit, assuming nothing else is changed. The correlation between historical values of Medalist Diversified's Net Working Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Medalist Diversified Reit are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Working Capital i.e., Medalist Diversified's Net Working Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Working Capital

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Medalist Diversified's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medalist Diversified Reit 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Medalist Diversified's Issuance Of Capital Stock is relatively stable compared to the past year. As of 08/05/2025, Enterprise Value Over EBITDA is likely to grow to 8.52, while Sales General And Administrative To Revenue is likely to drop 0.17.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	4.5M	4.3M	3.7M	3.5M
Research Development	0.43	0.45	0.41	0.46

Reconciled Depreciation Research Development

Medalist Diversified fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Non Current Liabilities Total	Capital Surpluse	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Long Term Debt	Net Receivables	Common Stock Total Equity
Total Assets		0.44	0.67	0.96	0.87	0.95	0.99	-0.84	0.8	0.81	0.83	0.77	1.0	0.79	0.89	0.82	0.43	0.5	1.0	0.98	0.92	0.93	0.51	0.93	0.89	0.94
Other Current Liab	0.44		0.83	0.23	0.24	0.26	0.43	-0.38	0.21	0.22	0.4	0.45	0.51	0.66	0.46	0.44	0.25	0.3	0.43	0.47	0.49	0.25	0.42	0.49	0.43	0.46
Total Current Liabilities	0.67	0.83		0.52	0.44	0.52	0.63	-0.51	0.39	0.4	0.55	0.73	0.72	0.88	0.61	0.69	0.15	0.32	0.64	0.65	0.65	0.48	0.56	0.65	0.61	0.64
Total Stockholder Equity	0.96	0.23	0.52		0.83	0.97	0.95	-0.74	0.77	0.77	0.74	0.72	0.93	0.67	0.85	0.8	0.42	0.41	0.95	0.93	0.83	0.89	0.35	0.84	0.79	0.86
Other Liab	0.87	0.24	0.44	0.83		0.87	0.85	-0.97	0.92	0.92	0.9	0.53	0.86	0.7	0.71	0.5	0.57	0.77	0.89	0.86	0.84	0.93	0.64	0.85	0.93	0.89
Net Tangible Assets	0.95	0.26	0.52	0.97	0.87		0.95	-0.81	0.78	0.78	0.82	0.7	0.93	0.66	0.84	0.75	0.53	0.54	0.94	0.95	0.8	0.91	0.38	0.81	0.84	0.9
Net Debt	0.99	0.43	0.63	0.95	0.85	0.95		-0.81	0.76	0.77	0.81	0.76	0.99	0.73	0.91	0.83	0.41	0.47	0.99	0.97	0.93	0.93	0.51	0.93	0.86	0.93
Retained Earnings	-0.84	-0.38	-0.51	-0.74	-0.97	-0.81	-0.81		-0.92	-0.93	-0.95	-0.53	-0.85	-0.76	-0.64	-0.46	-0.6	-0.81	-0.86	-0.85	-0.83	-0.88	-0.64	-0.85	-0.97	-0.9
Cash	0.8	0.21	0.39	0.77	0.92	0.78	0.76	-0.92		1.0	0.86	0.42	0.8	0.74	0.6	0.38	0.52	0.67	0.82	0.81	0.79	0.83	0.52	0.82	0.92	0.83
Cash And Short Term Investments	0.81	0.22	0.4	0.77	0.92	0.78	0.77	-0.93	1.0		0.87	0.43	0.8	0.75	0.6	0.39	0.53	0.68	0.83	0.81	0.8	0.83	0.52	0.82	0.92	0.84
Common Stock Shares Outstanding	0.83	0.4	0.55	0.74	0.9	0.82	0.81	-0.95	0.86	0.87		0.62	0.85	0.76	0.61	0.54	0.52	0.71	0.85	0.86	0.78	0.84	0.58	0.79	0.97	0.89
Other Stockholder Equity	0.77	0.45	0.73	0.72	0.53	0.7	0.76	-0.53	0.42	0.43	0.62		0.79	0.7	0.52	0.95	0.01	0.12	0.75	0.72	0.69	0.64	0.23	0.69	0.65	0.68
Total Liab	1.0	0.51	0.72	0.93	0.86	0.93	0.99	-0.85	0.8	0.8	0.85	0.79		0.83	0.87	0.82	0.4	0.5	0.99	0.98	0.94	0.92	0.55	0.95	0.9	0.95
Total Current Assets	0.79	0.66	0.88	0.67	0.7	0.66	0.73	-0.76	0.74	0.75	0.76	0.7	0.83		0.6	0.62	0.25	0.49	0.78	0.78	0.8	0.68	0.6	0.81	0.85	0.81
Accounts Payable	0.89	0.46	0.61	0.85	0.71	0.84	0.91	-0.64	0.6	0.6	0.61	0.52	0.87	0.6		0.69	0.48	0.44	0.87	0.87	0.8	0.79	0.56	0.79	0.66	0.79
Non Current Assets Total	0.82	0.44	0.69	0.8	0.5	0.75	0.83	-0.46	0.38	0.39	0.54	0.95	0.82	0.62	0.69		0.04	0.04	0.8	0.76	0.72	0.67	0.21	0.72	0.58	0.68
Non Currrent Assets Other	0.43	0.25	0.15	0.42	0.57	0.53	0.41	-0.6	0.52	0.53	0.52	0.01	0.4	0.25	0.48	0.04		0.84	0.42	0.46	0.25	0.37	0.19	0.26	0.45	0.38
Other Assets	0.5	0.3	0.32	0.41	0.77	0.54	0.47	-0.81	0.67	0.68	0.71	0.12	0.5	0.49	0.44	0.04	0.84		0.51	0.53	0.44	0.56	0.59	0.45	0.67	0.57
Non Current Liabilities Total	1.0	0.43	0.64	0.95	0.89	0.94	0.99	-0.86	0.82	0.83	0.85	0.75	0.99	0.78	0.87	0.8	0.42	0.51		0.98	0.94	0.95	0.53	0.95	0.9	0.95
Capital Surpluse	0.98	0.47	0.65	0.93	0.86	0.95	0.97	-0.85	0.81	0.81	0.86	0.72	0.98	0.78	0.87	0.76	0.46	0.53	0.98		0.91	0.93	0.52	0.92	0.91	0.97
Short Long Term Debt Total	0.92	0.49	0.65	0.83	0.84	0.8	0.93	-0.83	0.79	0.8	0.78	0.69	0.94	0.8	0.8	0.72	0.25	0.44	0.94	0.91		0.93	0.66	1.0	0.89	0.94
Property Plant And Equipment Net	0.93	0.25	0.48	0.89	0.93	0.91	0.93	-0.88	0.83	0.83	0.84	0.64	0.92	0.68	0.79	0.67	0.37	0.56	0.95	0.93	0.93		0.61	0.93	0.9	0.96
Current Deferred Revenue	0.51	0.42	0.56	0.35	0.64	0.38	0.51	-0.64	0.52	0.52	0.58	0.23	0.55	0.6	0.56	0.21	0.19	0.59	0.53	0.52	0.66	0.61		0.64	0.63	0.64
Long Term Debt	0.93	0.49	0.65	0.84	0.85	0.81	0.93	-0.85	0.82	0.82	0.79	0.69	0.95	0.81	0.79	0.72	0.26	0.45	0.95	0.92	1.0	0.93	0.64		0.9	0.95
Net Receivables	0.89	0.43	0.61	0.79	0.93	0.84	0.86	-0.97	0.92	0.92	0.97	0.65	0.9	0.85	0.66	0.58	0.45	0.67	0.9	0.91	0.89	0.9	0.63	0.9		0.95
Common Stock Total Equity	0.94	0.46	0.64	0.86	0.89	0.9	0.93	-0.9	0.83	0.84	0.89	0.68	0.95	0.81	0.79	0.68	0.38	0.57	0.95	0.97	0.94	0.96	0.64	0.95	0.95

Click cells to compare fundamentals

Medalist Diversified Account Relationship Matchups

Medalist Diversified fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	79.3M	92.5M	87.9M	82.7M	75.1M	65.3M
Other Current Liab	11.7M	322.0K	422.7K	9.7M	1.2M	1.1M
Total Current Liabilities	12.0M	8.9M	1.2M	11.7M	1.2M	1.1M
Total Stockholder Equity	10.9M	21.5M	17.3M	12.3M	15.0M	13.0M
Other Liab	1.3M	822.5K	1.9M	1.9M	2.1M	2.3M
Net Tangible Assets	15.0M	7.6M	17.3M	14.8M	17.0M	10.2M
Net Debt	48.0M	50.1M	57.4M	49.5M	45.2M	40.4M
Retained Earnings	(19.3M)	(25.0M)	(30.9M)	(35.9M)	(36.0M)	(34.2M)
Cash	2.9M	4.4M	3.9M	2.2M	4.8M	5.0M
Cash And Short Term Investments	2.9M	4.4M	3.9M	2.4M	4.8M	5.0M
Common Stock Shares Outstanding	588.7K	818.3K	1.1M	1.1M	1.1M	596.7K
Liabilities And Stockholders Equity	79.3M	92.5M	87.9M	82.7M	75.1M	65.3M
Other Stockholder Equity	30.1M	49.6M	51.4M	51.5M	(3.4M)	(3.2M)
Total Liab	67.6M	69.5M	69.2M	69.0M	54.1M	50.0M
Total Current Assets	18.6M	18.6M	7.1M	15.1M	7.5M	8.0M
Accounts Payable	1.2M	985.3K	775.4K	1.0M	1.2M	1.1M
Non Current Assets Total	60.6M	74.0M	80.8M	67.7M	2.2M	2.1M
Non Currrent Assets Other	319.9K	370.1K	564.3K	64.9M	65.4M	68.7M
Other Assets	1.4M	20.2M	1.9M	77.5M	67.8M	71.2M
Non Current Liabilities Total	55.6M	60.6M	68.0M	57.3M	52.9M	50.3M
Accumulated Other Comprehensive Income	(3.0M)	(4.0M)	(4.2M)	(3.4M)	(3.0M)	(2.9M)
Short Long Term Debt Total	65.2M	54.5M	61.3M	51.8M	50.0M	55.3M
Property Plant And Equipment Net	57.1M	69.4M	76.5M	64.6M	74.3M	66.5M
Current Deferred Revenue	(1.2M)	(9.6M)	(26.4M)	(1.0M)	(1.2M)	(1.2M)
Long Term Debt	64.9M	54.5M	61.3M	50.8M	50.0M	54.4M
Net Receivables	1.1M	1.3M	1.4M	1.4M	1.4M	1.1M
Inventory	3.7M	20.2M	20.7M	(173.7K)	(199.8K)	(189.8K)
Other Current Assets	(5.6M)	12.9M	1.7M	11.3M	1.3M	1.2M
Deferred Long Term Liab	1.3M	1.0M	1.3M	1.3M	1.5M	1.0M
Net Invested Capital	61.7M	76.0M	78.6M	64.1M	65.0M	69.7M
Non Current Liabilities Other	1.0M	1.9M	2.2M	1.9M	1.4M	1.4M
Net Working Capital	6.0M	9.6M	5.9M	3.2M	6.3M	3.8M
Short Term Debt	325K	8.6M	26.1M	1M	1.2M	1.1M
Intangible Assets	3.3M	4.2M	3.7M	2.7M	2.2M	2.5M
Common Stock	48.0K	160.5K	177.6K	22.2K	13.5K	12.8K

Pair Trading with Medalist Diversified

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Medalist Diversified position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Medalist Diversified will appreciate offsetting losses from the drop in the long position's value.

Moving together with Medalist Stock

0.61

LandBridge Company

Pair Corr

Moving against Medalist Stock

0.72	AHT	Ashford Hospitality Trust	Pair Corr
0.66	VICI	VICI Properties	Pair Corr
0.65	Z	Zillow Group Class Earnings Call Today	Pair Corr
0.65	HR	Healthcare Realty Trust	Pair Corr
0.6	AIV	Apartment Investment and Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Medalist Diversified could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medalist Diversified when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Medalist Diversified - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Medalist Diversified Reit to buy it.

The correlation of Medalist Diversified is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Medalist Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medalist Diversified Reit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Medalist Diversified can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Medalist Stock Analysis

When running Medalist Diversified's price analysis, check to measure Medalist Diversified'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 Medalist Diversified is operating at the current time. Most of Medalist Diversified's value examination focuses on studying past and present price action to predict the probability of Medalist Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medalist Diversified's price. Additionally, you may evaluate how the addition of Medalist Diversified to your portfolios can decrease your overall portfolio volatility.

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