Montrose Common Stock Total Equity vs Non Current Liabilities Total Analysis
MEG Stock | USD 26.70 0.49 1.87% |
Montrose Environmental financial indicator trend analysis is infinitely more than just investigating Montrose Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montrose Environmental is a good investment. Please check the relationship between Montrose Environmental Common Stock Total Equity and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Common Stock Total Equity vs Non Current Liabilities Total
Common Stock Total Equity vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montrose Environmental Common Stock Total Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Montrose Environmental's Common Stock Total Equity and Non Current Liabilities Total is 0.33. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Montrose Environmental Grp, assuming nothing else is changed. The correlation between historical values of Montrose Environmental's Common Stock Total Equity and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Montrose Environmental Grp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock Total Equity i.e., Montrose Environmental's Common Stock Total Equity and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Non Current Liabilities Total
Most indicators from Montrose Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montrose Environmental 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 Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Montrose Environmental's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 177.4M | 192.5M | 240.3M | 279.7M | Total Revenue | 546.4M | 544.4M | 624.2M | 424.2M |
Montrose Environmental fundamental ratios Correlations
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Montrose Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Montrose Environmental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 331.8M | 602.7M | 833.1M | 791.9M | 816.8M | 1.4B | |
Other Current Liab | 47.8M | 65.2M | 29.5M | 5.8M | 59.0M | 44.5M | |
Total Current Liabilities | 73.3M | 111.5M | 147.7M | 111.4M | 126.3M | 117.2M | |
Total Stockholder Equity | 102.5M | 290.1M | 469.4M | 466.1M | 474.2M | 635.2M | |
Other Liab | 11.0M | 30.8M | 31.5M | 35.9M | 41.3M | 73.1M | |
Accounts Payable | 15.0M | 34.6M | 68.9M | 63.4M | 31.1M | 50.0M | |
Cash | 6.4M | 34.4M | 146.3M | 89.8M | 23.2M | 22.1M | |
Other Assets | 2.0M | 4.5M | 2.3M | 6.1M | (1K) | (950.0) | |
Long Term Debt | 145.0M | 170.3M | 161.8M | 152.5M | 149.0M | 141.5M | |
Other Current Assets | 3.6M | 4.7M | 6.0M | 10.3M | 65.3M | 68.6M | |
Total Liab | 229.3M | 312.7M | 363.7M | 325.8M | 342.6M | 325.5M | |
Intangible Assets | 102.5M | 154.9M | 161.0M | 142.1M | 140.8M | 133.8M | |
Property Plant Equipment | 27.0M | 34.4M | 64.0M | 71.9M | 82.7M | 161.1M | |
Good Will | 127.1M | 274.7M | 311.9M | 323.9M | 364.4M | 385.6M | |
Net Tangible Assets | (255.9M) | (292.4M) | (156.4M) | (152.8M) | (175.7M) | (184.5M) | |
Retained Earnings | (64.4M) | (122.4M) | (147.7M) | (179.5M) | (210.4M) | (199.8M) | |
Non Current Assets Total | 258.6M | 468.5M | 539.2M | 544.0M | 615.9M | 910.8M | |
Non Currrent Assets Other | 2.0M | 4.5M | 2.3M | (18.1M) | (29.7M) | (28.3M) | |
Cash And Short Term Investments | 6.4M | 34.4M | 146.3M | 89.8M | 23.2M | 22.1M | |
Net Receivables | 60.7M | 92.7M | 139.2M | 147.8M | 164.0M | 154.6M | |
Long Term Debt Total | 145.0M | 170.3M | 167.6M | 159.0M | 143.1M | 135.9M | |
Liabilities And Stockholders Equity | 331.8M | 602.7M | 833.1M | 791.9M | 816.8M | 1.2B | |
Non Current Liabilities Total | 156.1M | 201.1M | 216.0M | 214.4M | 216.3M | 205.5M | |
Capital Surpluse | 38.2M | 259.4M | 464.1M | 492.7M | 566.6M | 594.9M | |
Inventory | 2.4M | 2.5M | 2.4M | 3.6M | 3.8M | 2.3M | |
Other Stockholder Equity | 38.2M | 259.4M | 464.1M | 492.7M | (285.0M) | (270.7M) | |
Total Current Assets | 73.2M | 134.3M | 293.9M | 247.9M | 200.9M | 234.8M | |
Non Current Liabilities Other | 379K | 7.1M | 4.5M | 4.5M | 9.0M | 8.6M | |
Accumulated Other Comprehensive Income | (40K) | 71K | 36K | 8K | (223K) | (234.2K) | |
Short Term Debt | 7.1M | 5.6M | 21.3M | 23.7M | 28.1M | 14.3M | |
Short Long Term Debt Total | 152.2M | 175.9M | 205.8M | 202.1M | 210.3M | 186.9M | |
Property Plant And Equipment Net | 27.0M | 34.4M | 64.0M | 71.9M | 102.3M | 58.8M |
Currently Active Assets on Macroaxis
When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental's 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 Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Environmental & Facilities Services 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 Montrose Environmental. If investors know Montrose 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 Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.48) | Revenue Per Share 21.361 | Quarterly Revenue Growth 0.089 | Return On Assets (0.01) | Return On Equity (0.06) |
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental'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 Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental'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 Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental'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.