MITT Net Receivables vs Cash And Short Term Investments Analysis

MITT Stock  USD 7.25  0.20  2.84%   
AG Mortgage financial indicator trend analysis is way more than just evaluating AG Mortgage Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AG Mortgage Investment is a good investment. Please check the relationship between AG Mortgage Net Receivables and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AG Mortgage Investment Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AG Mortgage's Net Receivables and Cash And Short Term Investments is 0.59. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of AG Mortgage Investment, assuming nothing else is changed. The correlation between historical values of AG Mortgage's Net Receivables and Cash And Short Term Investments 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 AG Mortgage Investment are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., AG Mortgage's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of AG Mortgage Investment balance sheet. This account contains AG Mortgage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by AG Mortgage Investment 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.
Most indicators from AG Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AG Mortgage Investment 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 AG Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, AG Mortgage's Discontinued Operations is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 28.90 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income70.7M180.3M240.1M157.5M
Net Interest Income43.4M61.4M46.9M53.0M

AG Mortgage fundamental ratios Correlations

0.92-0.6-0.30.590.020.59-0.230.10.680.13-0.330.540.570.660.510.31-0.180.620.160.0-0.60.830.990.630.66
0.92-0.53-0.250.45-0.170.66-0.390.020.64-0.09-0.330.640.650.630.410.2-0.360.720.07-0.05-0.690.610.930.630.61
-0.6-0.530.83-0.78-0.17-0.30.34-0.08-0.37-0.220.46-0.24-0.31-0.35-0.31-0.880.35-0.59-0.22-0.020.43-0.63-0.53-0.89-0.35
-0.3-0.250.83-0.78-0.330.140.010.05-0.11-0.460.630.220.14-0.15-0.23-0.670.05-0.34-0.42-0.130.02-0.4-0.22-0.62-0.17
0.590.45-0.78-0.780.48-0.020.27-0.010.350.72-0.56-0.18-0.040.210.440.60.260.150.130.16-0.130.590.490.580.3
0.02-0.17-0.17-0.330.48-0.550.60.480.340.78-0.08-0.62-0.530.140.510.240.52-0.46-0.190.540.360.01-0.04-0.050.35
0.590.66-0.30.14-0.02-0.55-0.72-0.120.3-0.560.130.91.00.39-0.050.2-0.650.71-0.04-0.29-0.790.470.620.540.31
-0.23-0.390.340.010.270.6-0.720.02-0.160.83-0.1-0.82-0.75-0.330.23-0.360.98-0.82-0.070.20.64-0.17-0.28-0.59-0.21
0.10.02-0.080.05-0.010.48-0.120.020.530.15-0.1-0.06-0.070.410.720.17-0.09-0.15-0.24-0.17-0.3-0.110.110.040.27
0.680.64-0.37-0.110.350.340.3-0.160.530.08-0.280.370.310.90.720.19-0.190.35-0.050.15-0.560.420.690.420.87
0.13-0.09-0.22-0.460.720.78-0.560.830.150.08-0.36-0.72-0.58-0.110.430.160.79-0.510.00.270.390.170.04-0.070.03
-0.33-0.330.460.63-0.56-0.080.13-0.1-0.1-0.28-0.360.130.15-0.38-0.43-0.19-0.06-0.24-0.560.280.3-0.27-0.28-0.37-0.13
0.540.64-0.240.22-0.18-0.620.9-0.82-0.060.37-0.720.130.90.48-0.010.12-0.740.750.04-0.22-0.740.410.60.450.39
0.570.65-0.310.14-0.04-0.531.0-0.75-0.070.31-0.580.150.90.4-0.050.23-0.690.71-0.07-0.29-0.80.450.610.560.32
0.660.63-0.35-0.150.210.140.39-0.330.410.9-0.11-0.380.480.40.590.12-0.330.550.30.08-0.590.510.680.430.88
0.510.41-0.31-0.230.440.51-0.050.230.720.720.43-0.43-0.01-0.050.590.10.19-0.030.04-0.09-0.330.280.490.130.48
0.310.2-0.88-0.670.60.240.2-0.360.170.190.16-0.190.120.230.120.1-0.390.41-0.010.04-0.320.420.240.820.15
-0.18-0.360.350.050.260.52-0.650.98-0.09-0.190.79-0.06-0.74-0.69-0.330.19-0.39-0.780.00.20.64-0.06-0.22-0.6-0.2
0.620.72-0.59-0.340.15-0.460.71-0.82-0.150.35-0.51-0.240.750.710.55-0.030.41-0.780.38-0.11-0.640.580.650.770.45
0.160.07-0.22-0.420.13-0.19-0.04-0.07-0.24-0.050.0-0.560.04-0.070.30.04-0.010.00.38-0.150.030.460.160.10.1
0.0-0.05-0.02-0.130.160.54-0.290.2-0.170.150.270.28-0.22-0.290.08-0.090.040.2-0.11-0.150.520.03-0.02-0.070.5
-0.6-0.690.430.02-0.130.36-0.790.64-0.3-0.560.390.3-0.74-0.8-0.59-0.33-0.320.64-0.640.030.52-0.36-0.62-0.66-0.33
0.830.61-0.63-0.40.590.010.47-0.17-0.110.420.17-0.270.410.450.510.280.42-0.060.580.460.03-0.360.810.580.51
0.990.93-0.53-0.220.49-0.040.62-0.280.110.690.04-0.280.60.610.680.490.24-0.220.650.16-0.02-0.620.810.590.67
0.630.63-0.89-0.620.58-0.050.54-0.590.040.42-0.07-0.370.450.560.430.130.82-0.60.770.1-0.07-0.660.580.590.38
0.660.61-0.35-0.170.30.350.31-0.210.270.870.03-0.130.390.320.880.480.15-0.20.450.10.5-0.330.510.670.38
Click cells to compare fundamentals

AG Mortgage Account Relationship Matchups

AG Mortgage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B1.4B3.4B4.4B6.1B3.9B
Short Long Term Debt Total3.6B982.3M4.6B3.9B5.6B3.3B
Other Current Liab(123.6M)(116.4M)(3.9M)(14.1M)9.6M9.1M
Total Current Liabilities123.6M116.4M3.9M14.1M726.1M762.4M
Total Stockholder Equity849.0M409.7M570.4M462.8M528.4M489.3M
Net Debt3.4B370.4M2.7B3.8B5.5B5.7B
Retained Earnings(85.9M)(518.1M)(446.8M)(536.5M)(516.1M)(490.3M)
Accounts Payable12.0M53.3M3.9M14.1M23.9M15.7M
Cash81.7M47.9M68.1M84.6M111.5M74.1M
Non Current Assets Total3.6B767.4M606.5M114.8M226.8M215.4M
Non Currrent Assets Other(3.6B)(767.4M)(3.4B)(4.4B)(62.8M)(65.9M)
Other Assets627.0M580.9M2.7B4.1B5.8B6.0B
Long Term Debt3.5B919.2M2.8B3.9B5.6B5.8B
Cash And Short Term Investments81.7M47.9M68.1M155.7M111.5M80.1M
Net Receivables15.2M3.9M16.2M21.4M30.6M19.8M
Common Stock Total Equity287K327K414K239K274.9K304.6K
Retained Earnings Total Equity(100.9M)(85.9M)(518.1M)(446.8M)(402.1M)(382.0M)
Common Stock Shares Outstanding10.7M11.7M16.2M22.9M21.1M12.4M
Short Term Investments11.5M2.3M231K71.1M1.3M1.3M
Liabilities And Stockholders Equity4.3B1.4B3.4B4.4B6.1B3.9B
Other Current Assets(140.6M)(66.2M)(116.4M)(120.2M)(156.1M)(148.3M)
Other Stockholder Equity662.2M279.2M226.1M778.6M823.7M595.1M
Total Liab3.5B990.3M2.8B3.9B5.6B3.2B
Total Current Assets96.9M51.8M84.2M155.7M142.1M102.0M
Intangible Assets5.1M26.7M17.8M3.2M3.6M6.0M
Common Stock327K414K239K212K294K300.6K
Net Tangible Assets576.6M171.2M349.9M242.3M218.1M360.2M
Long Term Debt Total2.8B3.5B919.2M2.8B3.2B3.4B
Non Current Liabilities Total3.5B355.2M2.8B14.1M4.9B5.1B
Capital Surpluse595.4M662.2M688.9M796.5M915.9M691.9M
Long Term Investments574.1M600.1M2.7B114.8M62.8M59.7M
Non Current Liabilities Other45.2M26.2M18.8M10.4M9.3M8.9M
Short Long Term Debt3.0B2.6M111.5M63.1M56.8M54.0M
Short Term Debt111.5M63.1M1.8B621.2M692.5M1.3B
Net Invested Capital912.4M589.5M3.1B4.1B5.9B6.2B
Capital Stock272.8M238.9M220.7M220.7M220.8M244.8M

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Additional Tools for MITT Stock Analysis

When running AG Mortgage's price analysis, check to measure AG Mortgage'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 AG Mortgage is operating at the current time. Most of AG Mortgage's value examination focuses on studying past and present price action to predict the probability of AG Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AG Mortgage's price. Additionally, you may evaluate how the addition of AG Mortgage to your portfolios can decrease your overall portfolio volatility.