Monks Accounts Payable vs Other Stockholder Equity Analysis

MNKS Stock   1,248  4.00  0.32%   
Monks Investment financial indicator trend analysis is infinitely more than just investigating Monks Investment Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monks Investment Trust is a good investment. Please check the relationship between Monks Investment Accounts Payable and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monks Investment Trust. 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.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monks Investment Trust Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Monks Investment's Accounts Payable and Other Stockholder Equity is -0.27. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Monks Investment Trust, assuming nothing else is changed. The correlation between historical values of Monks Investment's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Monks Investment Trust are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Monks Investment's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Monks Investment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Monks Investment Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from Monks Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monks Investment Trust 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 Monks Investment Trust. 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 13.6 M in 2025, whereas Tax Provision is likely to drop slightly above 1.6 M in 2025.

Monks Investment fundamental ratios Correlations

1.0-0.230.68-0.120.630.240.840.550.540.03-0.06-0.220.44-0.140.51-0.530.430.410.19-0.11-0.350.690.730.60.37
1.0-0.260.69-0.140.630.240.820.530.560.01-0.05-0.230.41-0.130.52-0.540.450.390.16-0.1-0.350.690.730.590.37
-0.23-0.26-0.330.070.090.36-0.060.32-0.390.61-0.470.590.18-0.55-0.470.51-0.060.490.54-0.43-0.050.25-0.160.18-0.45
0.680.69-0.33-0.040.590.280.430.260.64-0.07-0.07-0.140.28-0.170.39-0.410.540.02-0.01-0.15-0.520.570.840.37-0.17
-0.12-0.140.07-0.040.20.060.110.150.080.14-0.18-0.20.2-0.21-0.320.340.09-0.10.02-0.13-0.270.12-0.10.16-0.08
0.630.630.090.590.20.730.380.540.360.36-0.290.07-0.08-0.50.17-0.170.820.090.43-0.16-0.390.890.60.49-0.09
0.240.240.360.280.060.730.010.460.380.44-0.440.3-0.21-0.6-0.150.170.51-0.020.44-0.32-0.250.60.450.37-0.37
0.840.82-0.060.430.110.380.010.620.350.25-0.02-0.240.65-0.010.33-0.340.090.530.36-0.11-0.30.440.490.580.36
0.550.530.320.260.150.540.460.620.180.71-0.68-0.070.34-0.64-0.330.37-0.020.390.71-0.68-0.610.480.450.88-0.06
0.540.56-0.390.640.080.360.380.350.18-0.27-0.05-0.20.32-0.090.28-0.290.3-0.17-0.25-0.14-0.330.310.710.340.01
0.030.010.61-0.070.140.360.440.250.71-0.27-0.450.34-0.03-0.44-0.450.48-0.090.230.96-0.43-0.240.20.090.4-0.43
-0.06-0.05-0.47-0.07-0.18-0.29-0.44-0.02-0.68-0.05-0.450.11-0.230.950.67-0.730.11-0.26-0.340.890.78-0.31-0.33-0.710.41
-0.22-0.230.59-0.14-0.20.070.3-0.24-0.07-0.20.340.11-0.13-0.04-0.040.040.160.170.36-0.030.390.15-0.1-0.21-0.38
0.440.410.180.280.2-0.08-0.210.650.340.32-0.03-0.23-0.13-0.170.04-0.03-0.230.62-0.03-0.42-0.40.20.360.460.07
-0.14-0.13-0.55-0.17-0.21-0.5-0.6-0.01-0.64-0.09-0.440.95-0.04-0.170.54-0.59-0.18-0.3-0.350.80.73-0.56-0.4-0.660.44
0.510.52-0.470.39-0.320.17-0.150.33-0.330.28-0.450.67-0.040.040.54-0.950.460.09-0.230.620.340.240.27-0.150.42
-0.53-0.540.51-0.410.34-0.170.17-0.340.37-0.290.48-0.730.04-0.03-0.59-0.95-0.49-0.090.29-0.68-0.38-0.25-0.270.29-0.45
0.430.45-0.060.540.090.820.510.09-0.020.3-0.090.110.16-0.23-0.180.46-0.49-0.06-0.010.25-0.050.80.410.03-0.01
0.410.390.490.02-0.10.09-0.020.530.39-0.170.23-0.260.170.62-0.30.09-0.09-0.060.33-0.27-0.20.420.250.370.08
0.190.160.54-0.010.020.430.440.360.71-0.250.96-0.340.36-0.03-0.35-0.230.29-0.010.33-0.32-0.160.280.150.44-0.3
-0.11-0.1-0.43-0.15-0.13-0.16-0.32-0.11-0.68-0.14-0.430.89-0.03-0.420.80.62-0.680.25-0.27-0.320.76-0.22-0.38-0.720.42
-0.35-0.35-0.05-0.52-0.27-0.39-0.25-0.3-0.61-0.33-0.240.780.39-0.40.730.34-0.38-0.05-0.2-0.160.76-0.39-0.65-0.710.36
0.690.690.250.570.120.890.60.440.480.310.2-0.310.150.2-0.560.24-0.250.80.420.28-0.22-0.390.60.51-0.02
0.730.73-0.160.84-0.10.60.450.490.450.710.09-0.33-0.10.36-0.40.27-0.270.410.250.15-0.38-0.650.60.53-0.25
0.60.590.180.370.160.490.370.580.880.340.4-0.71-0.210.46-0.66-0.150.290.030.370.44-0.72-0.710.510.530.02
0.370.37-0.45-0.17-0.08-0.09-0.370.36-0.060.01-0.430.41-0.380.070.440.42-0.45-0.010.08-0.30.420.36-0.02-0.250.02
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Monks Investment Account Relationship Matchups

Monks Investment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.4B2.7B2.6B2.9B1.7M1.7M
Total Stockholder Equity3.2B2.5B2.4B2.7B(9.8M)(9.4M)
Retained Earnings2.9B2.2B2.0B73.5M(60.0M)(57.0M)
Accounts Payable941K7.1M4.6M7.2M2.0M1.9M
Cash108.7M35.9M42.2M38.6M94.1K89.4K
Long Term Debt39.9M39.9M139.8M3.9M3.5M3.3M
Total Liab145.8M226.8M194.2M237.1M8.4M8.0M
Other Assets2.1B3.4B2.7B1.7M151.3K143.8K
Common Stock Shares Outstanding227.9M235.3M227.9M224.1M201.7M200.9M
Short Long Term Debt Total139.8M174.9M99.9M223.2M256.7M269.5M
Other Current Liab(986K)4.1M(79.6M)(57.2M)851.8K894.3K
Total Current Liabilities5.1M126.3M93.1M68.2M4.5M4.2M
Net Debt31.1M139.0M57.7M184.6M212.2M222.8M
Non Current Assets Total3.2B2.7B2.6B2.8B3.3B1.6B
Non Currrent Assets Other(3.2B)(2.7B)(2.6B)(2.8B)(2.6B)(2.4B)
Cash And Short Term Investments108.7M35.9M42.2M38.6M34.8M34.2M
Net Receivables2.8M7.3M19.1M10.7M229.0K217.6K
Liabilities And Stockholders Equity3.4B2.7B2.6B2.9B3.3B1.7B
Non Current Liabilities Total139.8M99.9M99.9M177.0M203.5M213.7M
Total Current Assets112.7M44.0M62.6M51.1M634.0K602.3K
Net Tangible Assets3.2B2.5B2.4B(10.0M)(11.5M)(10.9M)
Inventory(1.3M)(1.2M)(810K)50.2M225.2K213.9K
Other Current Assets1.2M810K1.3M1.8M85.8K81.5K
Long Term Investments3.2B2.7B2.6B2.8B154.5K146.8K
Net Invested Capital3.3B2.7B2.5B2.9B3.3B2.6B

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