Mach7 Change In Cash vs Change To Account Receivables Analysis
M7T Stock | 0.36 0.01 2.70% |
Mach7 Technologies financial indicator trend analysis is infinitely more than just investigating Mach7 Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mach7 Technologies is a good investment. Please check the relationship between Mach7 Technologies Change In Cash and its Change To Account Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach7 Technologies. 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.
Change In Cash vs Change To Account Receivables
Change In Cash vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mach7 Technologies Change In Cash account and Change To Account Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Mach7 Technologies' Change In Cash and Change To Account Receivables is 0.18. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Mach7 Technologies, assuming nothing else is changed. The correlation between historical values of Mach7 Technologies' Change In Cash and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Mach7 Technologies are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change In Cash i.e., Mach7 Technologies' Change In Cash and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change In Cash
Change To Account Receivables
Most indicators from Mach7 Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mach7 Technologies 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 Mach7 Technologies. 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 gain to about 28.3 M in 2024, whereas Tax Provision is likely to drop (1.9 M) in 2024.
2023 | 2024 (projected) | Cost Of Revenue | 23.7M | 24.8M | Research Development | 38.0K | 58.2K |
Mach7 Technologies fundamental ratios Correlations
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Mach7 Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mach7 Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.8M | 61.6M | 77.0M | 78.9M | 82.3M | 73.0M | |
Other Assets | 764.7K | 1.3M | 1.3M | 4.9M | 5.7M | 6.0M | |
Net Receivables | 3.4M | 1.6M | 2.1M | 5.8M | 6.7M | 6.0M | |
Total Liab | 7.4M | 8.2M | 19.1M | 20.5M | 22.8M | 21.2M | |
Total Stockholder Equity | 10.4M | 53.5M | 57.9M | 58.4M | 59.5M | 51.9M | |
Cash | 2.3M | 48.9M | 18.4M | 25.7M | 23.4M | 26.2M | |
Short Term Investments | 0.0 | 19.3K | 16.6K | 32.3K | 29.0K | 27.6K | |
Other Current Assets | 148.7K | 2.9M | 4.0M | 643.9K | 4.2M | 1.7M | |
Common Stock | 58.8M | 101.8M | 113.7M | 115.3M | 115.7M | 116.2M | |
Property Plant Equipment | 187.4K | 488.2K | 1.5M | 2.1M | 2.0M | 133K | |
Other Current Liab | 769.8K | 2.1M | 1.4M | 2.4M | 2.7M | 2.5M | |
Total Current Liabilities | 5.2M | 6.5M | 7.5M | 10.4M | 14.8M | 15.1M | |
Property Plant And Equipment Net | 488.2K | 1.5M | 2.1M | 2.0M | 1.9M | 1.0M | |
Net Debt | (48.6M) | (17.3M) | (24.4M) | (22.2M) | (24.9M) | (23.7M) | |
Retained Earnings | (52.0M) | (61.3M) | (63.5M) | (63.5M) | (71.0M) | (67.5M) | |
Accounts Payable | 1.5M | 252.4K | 723.7K | 742.0K | 823.7K | 533.6K | |
Non Current Assets Total | 8.2M | 52.6M | 46.7M | 47.4M | 39.1M | 41.1M | |
Cash And Short Term Investments | 48.9M | 18.4M | 25.7M | 23.4M | 26.2M | 27.5M | |
Common Stock Shares Outstanding | 178.2M | 234.7M | 237.7M | 239.4M | 240.9M | 252.9M | |
Liabilities And Stockholders Equity | 61.6M | 77.0M | 78.9M | 82.3M | 73.0M | 76.7M | |
Property Plant And Equipment Gross | 488.2K | 2.9M | 3.4M | 3.9M | 3.4M | 3.5M | |
Total Current Assets | 5.9M | 53.4M | 24.4M | 32.2M | 34.9M | 33.9M | |
Intangible Assets | 6.9M | 45.8M | 39.0M | 31.1M | 23.6M | 19.5M | |
Non Currrent Assets Other | 764.7K | 698.1K | 761.8K | 793.1K | 787.0K | 747.6K | |
Inventory | 187.0K | 154.7K | 418.4K | 629.0K | 876.3K | 920.2K | |
Other Stockholder Equity | (49.8M) | (52.4M) | (51.8M) | (52.2M) | (47.0M) | (44.6M) | |
Accumulated Other Comprehensive Income | 3.6M | 5.5M | 6.6M | 7.3M | 6.6M | 3.4M | |
Short Long Term Debt Total | 320.5K | 1.1M | 1.3M | 1.2M | 1.3M | 1.1M | |
Other Liab | 2.2M | 1.4M | 10.8M | 9.0M | 7.0M | 1.5M | |
Non Current Liabilities Total | 1.6M | 11.6M | 10.2M | 8.0M | 6.1M | 5.6M | |
Short Term Debt | 613.5K | 133.4K | 274.1K | (2.3M) | 209.6K | 181.3K | |
Current Deferred Revenue | 2.8M | 5.6M | 7.0M | 11.2M | 11.6M | 12.2M | |
Net Tangible Assets | (219.8K) | 46.5M | 8.1M | 15.1M | 24.0M | (3.1M) | |
Long Term Debt Total | 187.1K | 804.0K | 1.1M | 991.0K | 1.1M | 1.2M | |
Net Invested Capital | 53.6M | 57.9M | 58.4M | 59.5M | 51.9M | 44.3M |
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