Mint Net Receivables vs Net Working Capital Analysis
| MIMI Stock | 7.93 0.29 3.80% |
Mint Incorporation financial indicator trend analysis is infinitely more than just investigating Mint Incorporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mint Incorporation is a good investment. Please check the relationship between Mint Incorporation Net Receivables and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mint Incorporation Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Net Receivables vs Net Working Capital
Net Receivables vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mint Incorporation Net Receivables account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mint Incorporation's Net Receivables and Net Working Capital is 0.97. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Mint Incorporation Limited, assuming nothing else is changed. The correlation between historical values of Mint Incorporation's Net Receivables 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 Net Receivables of Mint Incorporation Limited 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 Net Receivables i.e., Mint Incorporation's Net Receivables and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Net Working Capital
Most indicators from Mint Incorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mint Incorporation 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 Mint Incorporation Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. As of now, Mint Incorporation's Selling General Administrative is increasing as compared to previous years. The Mint Incorporation's current Issuance Of Capital Stock is estimated to increase to about 6.4 M, while Tax Provision is forecasted to increase to (165.9 K).
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 2.4K | 44.6K | 63.4K | 44.5K | Interest Income | 38.0 | 110.0 | 24.9K | 26.1K |
Mint Incorporation fundamental ratios Correlations
Click cells to compare fundamentals
Mint Incorporation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mint Incorporation Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Commercial Services & Supplies 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 Mint Incorporation. If investors know Mint 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 Mint Incorporation 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 (0.22) | Earnings Share 0.03 | Revenue Per Share | Quarterly Revenue Growth (0.09) |
The market value of Mint Incorporation is measured differently than its book value, which is the value of Mint that is recorded on the company's balance sheet. Investors also form their own opinion of Mint Incorporation's value that differs from its market value or its book value, called intrinsic value, which is Mint Incorporation'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 Mint Incorporation's market value can be influenced by many factors that don't directly affect Mint Incorporation'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 Mint Incorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mint Incorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mint Incorporation'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.