MondayCom Other Current Assets vs Net Receivables Analysis
MNDY Stock | USD 270.84 0.01 0% |
MondayCom financial indicator trend analysis is infinitely more than just investigating MondayCom recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MondayCom is a good investment. Please check the relationship between MondayCom Other Current Assets and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MondayCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy MondayCom Stock please use our How to Invest in MondayCom guide.
Other Current Assets vs Net Receivables
Other Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MondayCom Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MondayCom's Other Current Assets and Net Receivables is 0.98. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of MondayCom, assuming nothing else is changed. The correlation between historical values of MondayCom's Other Current Assets and Net 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 Other Current Assets of MondayCom are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., MondayCom's Other Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Receivables
Most indicators from MondayCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MondayCom 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 MondayCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy MondayCom Stock please use our How to Invest in MondayCom guide.At this time, MondayCom's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 659.02 in 2024, whereas Tax Provision is likely to drop slightly above 4.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.7M | 8.6M | 9.0M | 5.5M | Interest Income | 875K | 18.7M | 36.3M | 38.1M |
MondayCom fundamental ratios Correlations
Click cells to compare fundamentals
MondayCom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 MondayCom Stock Analysis
When running MondayCom's price analysis, check to measure MondayCom'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 MondayCom is operating at the current time. Most of MondayCom's value examination focuses on studying past and present price action to predict the probability of MondayCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MondayCom's price. Additionally, you may evaluate how the addition of MondayCom to your portfolios can decrease your overall portfolio volatility.