Mister Cash And Short Term Investments vs Current Deferred Revenue Analysis

MCW Stock  USD 8.00  0.09  1.11%   
Mister Car financial indicator trend analysis is infinitely more than just investigating Mister Car Wash recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mister Car Wash is a good investment. Please check the relationship between Mister Car Cash And Short Term Investments and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mister Car Wash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cash And Short Term Investments vs Current Deferred Revenue

Cash And Short Term Investments vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mister Car Wash Cash And Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mister Car's Cash And Short Term Investments and Current Deferred Revenue is 0.44. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Mister Car Wash, assuming nothing else is changed. The correlation between historical values of Mister Car's Cash And Short Term Investments and Current Deferred Revenue 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 Short Term Investments of Mister Car Wash are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash And Short Term Investments i.e., Mister Car's Cash And Short Term Investments and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mister Car Wash balance sheet. This account contains Mister Car investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mister Car Wash fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Mister Car's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mister Car Wash 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 Mister Car Wash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Mister Car's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 177.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 16.98 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses786.1M689.7M748.9M714.5M
Gross Profit493.2M608.0M563.4M534.9M

Mister Car fundamental ratios Correlations

0.95-0.850.990.96-0.910.971.00.990.960.910.980.541.0-0.88-0.9-0.790.540.690.960.910.82-0.860.950.940.98
0.95-0.710.940.84-0.950.870.960.911.00.860.950.740.94-0.98-0.99-0.690.740.470.830.780.73-0.731.00.790.99
-0.85-0.71-0.8-0.90.82-0.91-0.82-0.87-0.75-0.75-0.83-0.08-0.860.630.640.89-0.08-0.93-0.93-0.87-0.730.92-0.71-0.91-0.76
0.990.94-0.80.95-0.870.950.990.990.960.940.980.550.99-0.87-0.89-0.780.550.640.940.930.86-0.860.950.910.96
0.960.84-0.90.95-0.820.980.950.970.860.860.920.320.97-0.74-0.76-0.810.320.830.990.950.82-0.90.830.990.89
-0.91-0.950.82-0.87-0.82-0.86-0.92-0.86-0.96-0.75-0.92-0.6-0.910.950.950.72-0.6-0.59-0.82-0.73-0.620.73-0.94-0.8-0.95
0.970.87-0.910.950.98-0.860.950.970.890.880.920.40.98-0.79-0.8-0.870.40.80.990.910.86-0.910.870.960.91
1.00.96-0.820.990.95-0.920.950.980.980.90.980.571.0-0.9-0.92-0.760.570.650.930.90.8-0.830.960.920.99
0.990.91-0.870.990.97-0.860.970.980.930.950.980.440.99-0.82-0.85-0.840.440.720.970.960.88-0.920.920.940.94
0.961.0-0.750.960.86-0.960.890.980.930.870.970.70.96-0.97-0.98-0.720.70.520.850.810.74-0.761.00.821.0
0.910.86-0.750.940.86-0.750.880.90.950.870.910.450.91-0.77-0.79-0.850.450.570.880.910.96-0.910.870.80.86
0.980.95-0.830.980.92-0.920.920.980.980.970.910.520.98-0.89-0.91-0.760.520.640.910.920.79-0.850.950.90.96
0.540.74-0.080.550.32-0.60.40.570.440.70.450.520.51-0.81-0.8-0.151.0-0.190.290.210.3-0.120.740.260.68
1.00.94-0.860.990.97-0.910.981.00.990.960.910.980.51-0.87-0.89-0.80.510.710.960.930.82-0.870.940.950.97
-0.88-0.980.63-0.87-0.740.95-0.79-0.9-0.82-0.97-0.77-0.89-0.81-0.871.00.6-0.81-0.35-0.73-0.65-0.620.61-0.98-0.69-0.96
-0.9-0.990.64-0.89-0.760.95-0.8-0.92-0.85-0.98-0.79-0.91-0.8-0.891.00.61-0.8-0.37-0.75-0.69-0.640.63-0.99-0.71-0.97
-0.79-0.690.89-0.78-0.810.72-0.87-0.76-0.84-0.72-0.85-0.76-0.15-0.80.60.61-0.15-0.78-0.88-0.81-0.910.96-0.7-0.77-0.7
0.540.74-0.080.550.32-0.60.40.570.440.70.450.521.00.51-0.81-0.8-0.15-0.190.290.210.3-0.120.740.260.68
0.690.47-0.930.640.83-0.590.80.650.720.520.570.64-0.190.71-0.35-0.37-0.78-0.190.860.790.61-0.830.460.870.56
0.960.83-0.930.940.99-0.820.990.930.970.850.880.910.290.96-0.73-0.75-0.880.290.860.950.86-0.930.830.980.87
0.910.78-0.870.930.95-0.730.910.90.960.810.910.920.210.93-0.65-0.69-0.810.210.790.950.85-0.930.780.940.82
0.820.73-0.730.860.82-0.620.860.80.880.740.960.790.30.82-0.62-0.64-0.910.30.610.860.85-0.920.740.760.73
-0.86-0.730.92-0.86-0.90.73-0.91-0.83-0.92-0.76-0.91-0.85-0.12-0.870.610.630.96-0.12-0.83-0.93-0.93-0.92-0.73-0.87-0.75
0.951.0-0.710.950.83-0.940.870.960.921.00.870.950.740.94-0.98-0.99-0.70.740.460.830.780.74-0.730.790.99
0.940.79-0.910.910.99-0.80.960.920.940.820.80.90.260.95-0.69-0.71-0.770.260.870.980.940.76-0.870.790.86
0.980.99-0.760.960.89-0.950.910.990.941.00.860.960.680.97-0.96-0.97-0.70.680.560.870.820.73-0.750.990.86
Click cells to compare fundamentals

Mister Car Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Mister Stock Analysis

When running Mister Car's price analysis, check to measure Mister Car's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mister Car is operating at the current time. Most of Mister Car's value examination focuses on studying past and present price action to predict the probability of Mister Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mister Car's price. Additionally, you may evaluate how the addition of Mister Car to your portfolios can decrease your overall portfolio volatility.