MiMedia Total Current Assets vs Net Working Capital Analysis

MIM Stock

0.78 0.02 2.63%

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

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MiMedia Holdings Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between MiMedia Holdings' Total Current Assets and Net Working Capital is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of MiMedia Holdings, assuming nothing else is changed. The correlation between historical values of MiMedia Holdings' Total Current Assets and Net Working Capital 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 MiMedia Holdings are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., MiMedia Holdings' Total Current Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Net Working Capital

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

Selling General Administrative is likely to climb to about 1.9 M in 2025, whereas Tax Provision is likely to drop (13.2 K) in 2025.

	2022	2024	2025 (projected)
Reconciled Depreciation	1.4K	942.0	1.1K
Total Operating Expenses	4.0M	3.0M	3.0M

Reconciled Depreciation Total Operating Expenses

MiMedia Holdings fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Net Debt	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Other Current Assets	Non Current Liabilities Other	Non Currrent Assets Other	Long Term Debt
Other Current Liab		-0.43	0.96	-0.9	-0.91	-0.61	0.56	0.89	0.6	-0.12	0.81	0.76	-0.93	0.85	0.51	0.88	-0.61	0.95	0.9	-0.61	-0.61	-0.73	0.64
Total Current Liabilities	-0.43		-0.38	0.61	0.7	0.35	0.3	-0.49	0.26	0.14	-0.67	-0.61	0.51	-0.75	0.11	-0.62	0.35	-0.63	-0.18	0.35	0.35	0.51	-0.41
Net Tangible Assets	0.96	-0.38		-0.76	-0.9	-0.38	0.71	0.78	0.74	0.12	0.64	0.62	-0.95	0.73	0.43	0.93	-0.38	0.87	0.97	-0.38	-0.38	-0.54	0.41
Retained Earnings	-0.9	0.61	-0.76		0.85	0.83	-0.2	-0.9	-0.25	0.46	-0.97	-0.93	0.79	-0.96	-0.53	-0.76	0.83	-0.97	-0.63	0.83	0.83	0.94	-0.85
Accounts Payable	-0.91	0.7	-0.9	0.85		0.5	-0.38	-0.78	-0.42	0.0	-0.79	-0.74	0.94	-0.87	-0.27	-0.94	0.5	-0.94	-0.79	0.5	0.5	0.67	-0.53
Other Assets	-0.61	0.35	-0.38	0.83	0.5		0.13	-0.69	0.09	0.69	-0.88	-0.76	0.43	-0.72	-0.44	-0.3	1.0	-0.73	-0.24	1.0	1.0	0.93	-0.96
Total Current Assets	0.56	0.3	0.71	-0.2	-0.38	0.13		0.28	1.0	0.38	-0.01	0.12	-0.59	0.11	0.45	0.56	0.13	0.32	0.86	0.13	0.13	0.0	-0.14
Common Stock	0.89	-0.49	0.78	-0.9	-0.78	-0.69	0.28		0.33	-0.41	0.89	0.81	-0.69	0.92	0.61	0.68	-0.69	0.87	0.66	-0.69	-0.69	-0.8	0.81
Total Assets	0.6	0.26	0.74	-0.25	-0.42	0.09	1.0	0.33		0.34	0.04	0.17	-0.62	0.16	0.48	0.59	0.09	0.36	0.88	0.09	0.09	-0.06	-0.09
Total Stockholder Equity	-0.12	0.14	0.12	0.46	0.0	0.69	0.38	-0.41	0.34		-0.54	-0.63	-0.15	-0.45	-0.64	0.12	0.69	-0.24	0.21	0.69	0.69	0.7	-0.74
Net Debt	0.81	-0.67	0.64	-0.97	-0.79	-0.88	-0.01	0.89	0.04	-0.54		0.89	-0.67	0.96	0.44	0.63	-0.88	0.92	0.47	-0.88	-0.88	-0.94	0.92
Non Current Assets Total	0.76	-0.61	0.62	-0.93	-0.74	-0.76	0.12	0.81	0.17	-0.63	0.89		-0.64	0.93	0.67	0.69	-0.76	0.85	0.5	-0.76	-0.76	-0.94	0.8
Net Receivables	-0.93	0.51	-0.95	0.79	0.94	0.43	-0.59	-0.69	-0.62	-0.15	-0.67	-0.64		-0.73	-0.26	-0.96	0.43	-0.91	-0.91	0.43	0.43	0.58	-0.4
Common Stock Shares Outstanding	0.85	-0.75	0.73	-0.96	-0.87	-0.72	0.11	0.92	0.16	-0.45	0.96	0.93	-0.73		0.49	0.77	-0.72	0.93	0.58	-0.72	-0.72	-0.88	0.8
Total Liab	0.51	0.11	0.43	-0.53	-0.27	-0.44	0.45	0.61	0.48	-0.64	0.44	0.67	-0.26	0.49		0.31	-0.44	0.41	0.46	-0.44	-0.44	-0.59	0.52
Net Invested Capital	0.88	-0.62	0.93	-0.76	-0.94	-0.3	0.56	0.68	0.59	0.12	0.63	0.69	-0.96	0.77	0.31		-0.3	0.86	0.87	-0.3	-0.3	-0.54	0.32
Short Long Term Debt	-0.61	0.35	-0.38	0.83	0.5	1.0	0.13	-0.69	0.09	0.69	-0.88	-0.76	0.43	-0.72	-0.44	-0.3		-0.73	-0.24	1.0	1.0	0.93	-0.96
Capital Stock	0.95	-0.63	0.87	-0.97	-0.94	-0.73	0.32	0.87	0.36	-0.24	0.92	0.85	-0.91	0.93	0.41	0.86	-0.73		0.75	-0.73	-0.73	-0.85	0.74
Net Working Capital	0.9	-0.18	0.97	-0.63	-0.79	-0.24	0.86	0.66	0.88	0.21	0.47	0.5	-0.91	0.58	0.46	0.87	-0.24	0.75		-0.24	-0.24	-0.4	0.25
Other Current Assets	-0.61	0.35	-0.38	0.83	0.5	1.0	0.13	-0.69	0.09	0.69	-0.88	-0.76	0.43	-0.72	-0.44	-0.3	1.0	-0.73	-0.24		1.0	0.93	-0.96
Non Current Liabilities Other	-0.61	0.35	-0.38	0.83	0.5	1.0	0.13	-0.69	0.09	0.69	-0.88	-0.76	0.43	-0.72	-0.44	-0.3	1.0	-0.73	-0.24	1.0		0.93	-0.96
Non Currrent Assets Other	-0.73	0.51	-0.54	0.94	0.67	0.93	0.0	-0.8	-0.06	0.7	-0.94	-0.94	0.58	-0.88	-0.59	-0.54	0.93	-0.85	-0.4	0.93	0.93		-0.93
Long Term Debt	0.64	-0.41	0.41	-0.85	-0.53	-0.96	-0.14	0.81	-0.09	-0.74	0.92	0.8	-0.4	0.8	0.52	0.32	-0.96	0.74	0.25	-0.96	-0.96	-0.93

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MiMedia Total Current Assets vs Net Working Capital Analysis

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Working Capital

MiMedia Holdings fundamental ratios Correlations

MiMedia Holdings Account Relationship Matchups

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Short Long Term Debt	+ 1.0	Other Assets
Other Current Assets	+ 1.0	Other Assets
Non Current Liabilities Other	+ 1.0	Other Assets
Total Assets	+ 1.0	Total Current Assets
Other Current Assets	+ 1.0	Short Long Term Debt
Non Current Liabilities Other	+ 1.0	Short Long Term Debt

Capital Stock	- 0.97	Retained Earnings
Net Debt	- 0.97	Retained Earnings
Long Term Debt	- 0.96	Non Current Liabilities Other
Long Term Debt	- 0.96	Other Current Assets
Long Term Debt	- 0.96	Short Long Term Debt
Net Invested Capital	- 0.96	Net Receivables