Mega Cash And Equivalents vs Net Working Capital Analysis

MPU Stock   1.75  0.16  10.06%   
Mega Matrix financial indicator trend analysis is infinitely more than just investigating Mega Matrix Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mega Matrix Corp is a good investment. Please check the relationship between Mega Matrix Cash And Equivalents and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mega Matrix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Cash And Equivalents vs Net Working Capital

Cash And Equivalents vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mega Matrix Corp Cash And Equivalents account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Mega Matrix's Cash And Equivalents and Net Working Capital is -0.86. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Mega Matrix Corp, assuming nothing else is changed. The correlation between historical values of Mega Matrix's Cash And Equivalents 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 Cash And Equivalents of Mega Matrix Corp 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 Cash And Equivalents i.e., Mega Matrix's Cash And Equivalents and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash And Equivalents

Net Working Capital

Most indicators from Mega Matrix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mega Matrix Corp 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 Mega Matrix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Mega Matrix's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 91.5 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (13.45).
 2022 2023 2024 (projected)
Minority Interest832.2K615.8K617.9K
Research Development20.8496.09100.89

Mega Matrix fundamental ratios Correlations

-0.090.890.790.950.820.28-0.130.990.090.01-0.2-0.74-0.40.980.49-0.730.950.980.770.5-0.430.95-0.520.5-0.35
-0.090.280.07-0.20.030.00.05-0.02-0.66-0.90.070.140.12-0.12-0.430.13-0.2-0.02-0.09-0.610.2-0.24-0.23-0.530.13
0.890.280.830.770.840.35-0.080.93-0.3-0.38-0.14-0.59-0.470.840.18-0.590.780.930.680.09-0.330.86-0.610.33-0.25
0.790.070.830.570.960.29-0.070.85-0.37-0.26-0.12-0.46-0.580.67-0.03-0.460.560.840.60.03-0.240.81-0.610.24-0.22
0.95-0.20.770.570.620.22-0.170.90.340.18-0.25-0.75-0.250.990.68-0.741.00.90.730.67-0.470.89-0.380.57-0.39
0.820.030.840.960.620.29-0.160.88-0.27-0.19-0.22-0.66-0.750.71-0.01-0.660.620.890.620.11-0.250.84-0.740.25-0.29
0.280.00.350.290.220.290.140.31-0.190.060.06-0.18-0.310.25-0.11-0.160.220.290.0-0.110.210.33-0.240.02-0.26
-0.130.05-0.08-0.07-0.17-0.160.14-0.17-0.23-0.010.970.380.2-0.140.210.45-0.14-0.210.21-0.19-0.38-0.130.540.070.43
0.99-0.020.930.850.90.880.31-0.17-0.02-0.08-0.24-0.73-0.480.950.36-0.730.91.00.720.4-0.340.95-0.610.42-0.34
0.09-0.66-0.3-0.370.34-0.27-0.19-0.23-0.020.83-0.23-0.360.260.220.65-0.350.33-0.02-0.050.87-0.130.040.210.23-0.19
0.01-0.9-0.38-0.260.18-0.190.06-0.01-0.080.83-0.05-0.180.050.080.51-0.170.18-0.09-0.020.73-0.130.070.310.36-0.21
-0.20.07-0.14-0.12-0.25-0.220.060.97-0.24-0.23-0.050.410.23-0.210.140.49-0.21-0.280.12-0.23-0.29-0.20.540.020.63
-0.740.14-0.59-0.46-0.75-0.66-0.180.38-0.73-0.36-0.180.410.6-0.76-0.320.99-0.75-0.76-0.46-0.580.2-0.680.71-0.20.35
-0.40.12-0.47-0.58-0.25-0.75-0.310.2-0.480.260.050.230.6-0.320.270.6-0.26-0.52-0.340.080.09-0.550.7-0.190.22
0.98-0.120.840.670.990.710.25-0.140.950.220.08-0.21-0.76-0.320.6-0.750.990.950.760.6-0.450.91-0.450.53-0.36
0.49-0.430.18-0.030.68-0.01-0.110.210.360.650.510.14-0.320.270.6-0.290.690.340.610.8-0.680.40.330.66-0.18
-0.730.13-0.59-0.46-0.74-0.66-0.160.45-0.73-0.35-0.170.490.990.6-0.75-0.29-0.74-0.76-0.45-0.570.19-0.680.73-0.20.43
0.95-0.20.780.561.00.620.22-0.140.90.330.18-0.21-0.75-0.260.990.69-0.740.90.740.67-0.490.89-0.370.58-0.37
0.98-0.020.930.840.90.890.29-0.211.0-0.02-0.09-0.28-0.76-0.520.950.34-0.760.90.720.39-0.340.95-0.640.42-0.36
0.77-0.090.680.60.730.620.00.210.72-0.05-0.020.12-0.46-0.340.760.61-0.450.740.720.38-0.770.74-0.180.68-0.21
0.5-0.610.090.030.670.11-0.11-0.190.40.870.73-0.23-0.580.080.60.8-0.570.670.390.38-0.30.410.020.43-0.31
-0.430.2-0.33-0.24-0.47-0.250.21-0.38-0.34-0.13-0.13-0.290.20.09-0.45-0.680.19-0.49-0.34-0.77-0.3-0.44-0.24-0.710.15
0.95-0.240.860.810.890.840.33-0.130.950.040.07-0.2-0.68-0.550.910.4-0.680.890.950.740.41-0.44-0.510.61-0.32
-0.52-0.23-0.61-0.61-0.38-0.74-0.240.54-0.610.210.310.540.710.7-0.450.330.73-0.37-0.64-0.180.02-0.24-0.510.210.27
0.5-0.530.330.240.570.250.020.070.420.230.360.02-0.2-0.190.530.66-0.20.580.420.680.43-0.710.610.21-0.18
-0.350.13-0.25-0.22-0.39-0.29-0.260.43-0.34-0.19-0.210.630.350.22-0.36-0.180.43-0.37-0.36-0.21-0.310.15-0.320.27-0.18
Click cells to compare fundamentals

Mega Matrix Account Relationship Matchups

Mega Matrix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets149.6M93.4M14.9M12.6M13.3M12.7M
Other Current Liab(110.9M)399K(2.8M)5.1M2.8M2.9M
Total Current Liabilities4.6M2.4M3.1M5.6M2.9M2.8M
Total Stockholder Equity23.3M(17.6M)12.1M8.0M10.4M9.9M
Net Debt109.6M100.4M(6.7M)(3.1M)5.3M5.0M
Retained Earnings10.9M(31.4M)(5.0M)(13.4M)(17.5M)(16.6M)
Accounts Payable736K368K3.0M254.7K185.4K176.1K
Cash2.4M2.4M7.4M7.3M3.1M3.5M
Non Current Assets Total109.9M47.1M5.7M4.2M1.8M1.7M
Other Assets108.9M41.6M31.1M(4.2M)(4.8M)(4.6M)
Cash And Short Term Investments2.4M2.4M7.4M10.3M3.1M3.6M
Liabilities And Stockholders Equity149.6M93.4M14.9M12.6M13.3M12.7M
Other Stockholder Equity13.7M45.1M17.0M27.8M34.9M36.6M
Total Liab126.3M111.0M3.1M5.6M2.9M2.8M
Total Current Assets39.7M46.3M9.3M12.6M11.6M15.3M
Short Long Term Debt Total112.0M102.8M645.1K4.2M8.4M8.0M
Net Receivables9.9M2.8M1.2M1.1M1.3M1.2M
Non Current Liabilities Total121.8M108.6M3.1M5.6M2.9M2.8M
Other Current Assets(12.5M)(5.2M)645.1K1.1M(3.1M)(3.3M)
Current Deferred Revenue2.4M3.3M3.0M1.0M1.2M1.7M

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