Monks Common Stock Total Equity vs Accounts Payable 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 Total Equity and its Accounts Payable 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 Total Equity vs Accounts Payable

Common Stock Total Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monks Investment Trust Common Stock Total Equity account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Monks Investment's Common Stock Total Equity and Accounts Payable is 0.01. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Accounts Payable 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 Total Equity and Accounts Payable 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 Total Equity of Monks Investment Trust are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Total Equity i.e., Monks Investment's Common Stock Total Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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.
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

1.0-0.330.65-0.190.560.140.80.390.5-0.110.64-0.170.350.140.87-0.660.470.340.010.58-0.140.630.670.310.4
1.0-0.350.66-0.210.570.150.780.370.51-0.130.64-0.180.320.140.88-0.670.490.31-0.010.58-0.140.630.680.30.4
-0.33-0.35-0.380.050.050.34-0.130.31-0.430.61-0.510.620.14-0.57-0.470.5-0.070.470.56-0.460.020.22-0.220.19-0.46
0.650.66-0.38-0.080.550.220.370.120.62-0.160.32-0.10.21-0.030.59-0.470.56-0.060.00.2-0.470.530.830.4-0.18
-0.19-0.210.05-0.080.170.030.070.110.050.11-0.1-0.180.17-0.17-0.30.330.09-0.140.01-0.02-0.250.09-0.160.14-0.08
0.560.570.050.550.170.70.280.440.30.290.130.14-0.23-0.390.39-0.240.870.00.370.35-0.240.880.540.36-0.1
0.140.150.340.220.030.7-0.120.390.330.4-0.250.36-0.33-0.56-0.040.140.53-0.090.48-0.06-0.120.560.390.41-0.39
0.80.78-0.130.370.070.28-0.120.50.280.150.68-0.190.590.290.65-0.450.090.480.180.56-0.070.340.390.240.39
0.390.370.310.120.110.440.390.50.030.71-0.050.040.17-0.44-0.070.36-0.040.290.72-0.03-0.380.340.290.75-0.09
0.50.51-0.430.620.050.30.330.280.03-0.360.3-0.170.260.050.45-0.340.31-0.25-0.240.18-0.240.250.690.370.01
-0.11-0.130.61-0.160.110.290.40.150.71-0.36-0.240.41-0.14-0.35-0.370.46-0.090.170.97-0.19-0.090.11-0.020.34-0.45
0.640.64-0.510.32-0.10.13-0.250.68-0.050.3-0.24-0.070.190.80.78-0.770.190.02-0.230.760.460.110.11-0.350.63
-0.17-0.180.62-0.1-0.180.140.36-0.190.04-0.170.41-0.07-0.08-0.15-0.120.060.160.220.44-0.30.370.23-0.05-0.09-0.38
0.350.320.140.210.17-0.23-0.330.590.170.26-0.140.19-0.080.020.22-0.09-0.250.59-0.11-0.11-0.270.090.270.340.07
0.140.14-0.57-0.03-0.17-0.39-0.560.29-0.440.05-0.350.8-0.150.020.45-0.6-0.21-0.19-0.390.540.62-0.45-0.24-0.690.54
0.870.88-0.470.59-0.30.39-0.040.65-0.070.45-0.370.78-0.120.220.45-0.940.530.24-0.260.70.160.490.53-0.140.48
-0.66-0.670.5-0.470.33-0.240.14-0.450.36-0.340.46-0.770.06-0.09-0.6-0.94-0.5-0.130.37-0.7-0.35-0.33-0.360.43-0.46
0.470.49-0.070.560.090.870.530.09-0.040.31-0.090.190.16-0.25-0.210.53-0.5-0.07-0.020.41-0.050.850.440.01-0.01
0.340.310.47-0.06-0.140.0-0.090.480.29-0.250.170.020.220.59-0.190.24-0.13-0.070.240.02-0.060.360.160.190.07
0.01-0.010.560.00.010.370.480.180.72-0.240.97-0.230.44-0.11-0.39-0.260.37-0.020.24-0.2-0.180.20.190.43-0.52
0.580.58-0.460.2-0.020.35-0.060.56-0.030.18-0.190.76-0.3-0.110.540.7-0.70.410.02-0.20.410.280.04-0.380.66
-0.14-0.140.02-0.47-0.25-0.24-0.12-0.07-0.38-0.24-0.090.460.37-0.270.620.16-0.35-0.05-0.06-0.180.41-0.23-0.57-0.80.45
0.630.630.220.530.090.880.560.340.340.250.110.110.230.09-0.450.49-0.330.850.360.20.28-0.230.530.35-0.03
0.670.68-0.220.83-0.160.540.390.390.290.69-0.020.11-0.050.27-0.240.53-0.360.440.160.190.04-0.570.530.61-0.28
0.310.30.190.40.140.360.410.240.750.370.34-0.35-0.090.34-0.69-0.140.430.010.190.43-0.38-0.80.350.61-0.37
0.40.4-0.46-0.18-0.08-0.1-0.390.39-0.090.01-0.450.63-0.380.070.540.48-0.46-0.010.07-0.520.660.45-0.03-0.28-0.37
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Monks Investment Account Relationship Matchups

Monks Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B3.4B2.7B2.6B2.9B1.7M
Total Stockholder Equity2.0B3.2B2.5B2.4B2.7B(9.8M)
Retained Earnings1.8B2.9B2.2B2.0B73.5M(60.0M)
Accounts Payable5.9M941K7.1M4.6M7.2M2.0M
Cash19.5M108.7M35.9M42.2M38.6M94.1K
Long Term Debt39.9M39.9M139.8M3.9M3.5M3.3M
Total Liab152.3M145.8M226.8M194.2M237.1M8.4M
Common Stock10.9M11.2M11.8M11.5M12.7M630.5K
Other Assets2.0B2.1B3.4B2.7B1.7M151.3K
Common Stock Shares Outstanding220.0M227.9M235.3M227.9M224.1M200.9M
Short Long Term Debt Total152.3M139.8M174.9M99.9M223.2M112.2M
Other Current Liab2.6M(986K)4.1M(79.6M)(57.2M)851.8K
Total Current Liabilities112.4M5.1M126.3M93.1M68.2M4.5M
Net Debt132.8M31.1M139.0M57.7M184.6M193.8M
Non Current Assets Total2.1B3.2B2.7B2.6B2.8B1.6B
Non Currrent Assets Other(2.1B)(3.2B)(2.7B)(2.6B)(2.8B)(2.7B)
Cash And Short Term Investments19.5M108.7M35.9M42.2M38.6M34.2M
Net Receivables6.3M2.8M7.3M19.1M10.7M229.0K
Common Stock Total Equity10.9M10.9M11.2M11.8M10.6M9.9M
Liabilities And Stockholders Equity2.1B3.4B2.7B2.6B2.9B1.7B
Non Current Liabilities Total39.9M139.8M99.9M99.9M177.0M93.9M
Other Stockholder Equity48.0M103.0M270.9M(1.5B)2.6B2.7B
Total Current Assets27.1M112.7M44.0M62.6M51.1M634.0K
Net Tangible Assets2.0B3.2B2.5B2.4B(10.0M)(9.5M)
Inventory(889K)(1.3M)(1.2M)(810K)50.2M225.2K
Other Current Assets1.3M1.2M810K1.3M1.8M85.8K
Long Term Investments2.1B3.2B2.7B2.6B2.8B154.5K
Short Term Debt99.3M103.9M115.0M75M50M1.6M
Current Deferred Revenue11.3M(103.9M)(115.0M)(85.0M)(42.8M)(45.0M)
Capital Surpluse36.0M48.0M94.3M262.2M301.5M316.6M
Net Invested Capital2.1B3.3B2.7B2.5B2.9B2.6B

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