Monks Common Stock Shares Outstanding vs Common Stock Total Equity Analysis
MNKS Stock | 1,268 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 Common Stock Shares Outstanding and its Common Stock Total 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.
Common Stock Shares Outstanding vs Common Stock Total Equity
Common Stock Shares Outstanding vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monks Investment Trust Common Stock Shares Outstanding account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Monks Investment's Common Stock Shares Outstanding and Common Stock Total Equity is 0.97. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Common Stock Total 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 Common Stock Shares Outstanding and Common Stock Total 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 Common Stock Shares Outstanding of Monks Investment Trust are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Monks Investment's Common Stock Shares Outstanding and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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 11.8 M in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
Monks Investment fundamental ratios Correlations
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Monks Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monks Investment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 3.4B | 2.7B | 2.6B | 2.9B | 1.7M | |
Total Stockholder Equity | 2.0B | 3.2B | 2.5B | 2.4B | 2.7B | (9.8M) | |
Retained Earnings | 1.8B | 2.9B | 2.2B | 2.0B | 73.5M | (60.0M) | |
Accounts Payable | 5.9M | 941K | 7.1M | 4.6M | 7.2M | 2.0M | |
Cash | 19.5M | 108.7M | 35.9M | 42.2M | 38.6M | 94.1K | |
Long Term Debt | 39.9M | 39.9M | 139.8M | 3.9M | 3.5M | 3.3M | |
Total Liab | 152.3M | 145.8M | 226.8M | 194.2M | 237.1M | 8.4M | |
Common Stock | 10.9M | 11.2M | 11.8M | 11.5M | 12.7M | 630.5K | |
Other Assets | 2.0B | 2.1B | 3.4B | 2.7B | 1.7M | 151.3K | |
Common Stock Shares Outstanding | 220.0M | 227.9M | 235.3M | 227.9M | 224.1M | 200.9M | |
Short Long Term Debt Total | 152.3M | 139.8M | 174.9M | 99.9M | 223.2M | 112.2M | |
Other Current Liab | 2.6M | (986K) | 4.1M | (79.6M) | (57.2M) | 851.8K | |
Total Current Liabilities | 112.4M | 5.1M | 126.3M | 93.1M | 68.2M | 4.5M | |
Net Debt | 132.8M | 31.1M | 139.0M | 57.7M | 184.6M | 193.8M | |
Non Current Assets Total | 2.1B | 3.2B | 2.7B | 2.6B | 2.8B | 1.6B | |
Non Currrent Assets Other | (2.1B) | (3.2B) | (2.7B) | (2.6B) | (2.8B) | (2.7B) | |
Cash And Short Term Investments | 19.5M | 108.7M | 35.9M | 42.2M | 38.6M | 34.2M | |
Net Receivables | 6.3M | 2.8M | 7.3M | 19.1M | 10.7M | 229.0K | |
Common Stock Total Equity | 10.9M | 10.9M | 11.2M | 11.8M | 10.6M | 9.9M | |
Liabilities And Stockholders Equity | 2.1B | 3.4B | 2.7B | 2.6B | 2.9B | 1.7B | |
Non Current Liabilities Total | 39.9M | 139.8M | 99.9M | 99.9M | 177.0M | 93.9M | |
Other Stockholder Equity | 48.0M | 103.0M | 270.9M | (1.5B) | 2.6B | 2.7B | |
Total Current Assets | 27.1M | 112.7M | 44.0M | 62.6M | 51.1M | 634.0K | |
Net Tangible Assets | 2.0B | 3.2B | 2.5B | 2.4B | (10.0M) | (9.5M) | |
Inventory | (889K) | (1.3M) | (1.2M) | (810K) | 50.2M | 225.2K | |
Other Current Assets | 1.3M | 1.2M | 810K | 1.3M | 1.8M | 85.8K | |
Long Term Investments | 2.1B | 3.2B | 2.7B | 2.6B | 2.8B | 154.5K | |
Short Term Debt | 99.3M | 103.9M | 115.0M | 75M | 50M | 1.6M | |
Current Deferred Revenue | 11.3M | (103.9M) | (115.0M) | (85.0M) | (42.8M) | (45.0M) | |
Capital Surpluse | 36.0M | 48.0M | 94.3M | 262.2M | 301.5M | 316.6M | |
Net Invested Capital | 2.1B | 3.3B | 2.7B | 2.5B | 2.9B | 2.6B |
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When running Monks Investment's price analysis, check to measure Monks Investment'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 Monks Investment is operating at the current time. Most of Monks Investment's value examination focuses on studying past and present price action to predict the probability of Monks Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monks Investment's price. Additionally, you may evaluate how the addition of Monks Investment to your portfolios can decrease your overall portfolio volatility.