Montauk Change In Cash vs Depreciation Analysis

MNTK Stock  USD 3.96  0.19  5.04%   
Montauk Renewables financial indicator trend analysis is infinitely more than just investigating Montauk Renewables recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montauk Renewables is a good investment. Please check the relationship between Montauk Renewables Change In Cash and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montauk Renewables. 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.
For more information on how to buy Montauk Stock please use our How to buy in Montauk Stock guide.

Change In Cash vs Depreciation

JavaScript chart by amCharts 3.21.15201420162018202020222024-40M-30M-20M-10M010M20M30M40M50M 16.5M17M17.5M18M18.5M19M19.5M20M20.5M21M21.5M22M22.5M23M23.5M24M24.5M
JavaScript chart by amCharts 3.21.15Change In Cashtotal: 175.6MDepreciationtotal: 234.4M

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montauk Renewables Change In Cash account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
Change In CashDepreciationDiversified AwayChange In CashDepreciationDiversified Away100%
The correlation between Montauk Renewables' Change In Cash and Depreciation is -0.59. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Montauk Renewables, assuming nothing else is changed. The correlation between historical values of Montauk Renewables' Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Montauk Renewables are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Montauk Renewables' Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change In Cash

Depreciation

Depreciation indicates how much of Montauk Renewables value has been used up. For tax purposes Montauk Renewables can deduct the cost of the tangible assets it purchases as business expenses. However, Montauk Renewables must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Montauk Renewables' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montauk Renewables 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 Montauk Renewables. 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.
For more information on how to buy Montauk Stock please use our How to buy in Montauk Stock guide.At this time, Montauk Renewables' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 48.36 this year, although the value of Issuance Of Capital Stock will most likely fall to 3,800.
 2021 2022 2023 2024 (projected)
Interest Expense2.9M1.8M5.8M4.3M
Depreciation And Amortization22.7M21.0M21.6M17.5M

Montauk Renewables fundamental ratios Correlations

-0.520.75-0.10.970.940.950.68-0.89-0.950.690.730.70.76-0.59-0.530.730.6-0.630.43-0.360.13-0.59-0.360.94-0.1
-0.52-0.750.65-0.67-0.68-0.63-0.910.480.45-0.570.14-0.88-0.63-0.160.980.14-0.080.63-0.620.96-0.70.710.96-0.480.74
0.75-0.75-0.450.830.740.840.68-0.51-0.740.650.360.690.470.07-0.690.360.39-0.410.35-0.580.69-0.91-0.590.79-0.21
-0.10.65-0.45-0.3-0.3-0.36-0.49-0.030.04-0.020.34-0.44-0.03-0.370.530.34-0.270.0-0.050.5-0.360.270.62-0.310.77
0.97-0.670.83-0.30.980.990.8-0.85-0.90.730.580.80.75-0.45-0.670.580.53-0.610.41-0.510.28-0.64-0.510.93-0.27
0.94-0.680.74-0.30.980.970.86-0.84-0.810.780.480.870.81-0.49-0.690.480.43-0.640.38-0.530.23-0.54-0.520.87-0.34
0.95-0.630.84-0.360.990.970.77-0.77-0.860.730.560.780.69-0.41-0.610.560.57-0.520.29-0.440.26-0.62-0.450.95-0.24
0.68-0.910.68-0.490.80.860.77-0.64-0.530.770.010.990.84-0.14-0.920.010.15-0.750.57-0.850.48-0.59-0.840.61-0.65
-0.890.48-0.51-0.03-0.85-0.84-0.77-0.640.9-0.51-0.67-0.62-0.790.740.56-0.67-0.440.72-0.590.430.010.370.4-0.730.25
-0.950.45-0.740.04-0.9-0.81-0.86-0.530.9-0.5-0.82-0.53-0.630.580.46-0.82-0.630.57-0.480.32-0.120.60.32-0.890.04
0.69-0.570.65-0.020.730.780.730.77-0.51-0.50.20.830.77-0.15-0.60.20.03-0.620.31-0.50.48-0.64-0.420.58-0.04
0.730.140.360.340.580.480.560.01-0.67-0.820.20.020.27-0.730.121.00.65-0.170.070.28-0.3-0.210.280.690.43
0.7-0.880.69-0.440.80.870.780.99-0.62-0.530.830.020.86-0.13-0.90.020.14-0.750.54-0.820.5-0.61-0.80.61-0.57
0.76-0.630.47-0.030.750.810.690.84-0.79-0.630.770.270.86-0.46-0.690.270.26-0.950.74-0.640.17-0.48-0.610.59-0.35
-0.59-0.160.07-0.37-0.45-0.49-0.41-0.140.740.58-0.15-0.73-0.13-0.46-0.07-0.73-0.430.34-0.15-0.20.64-0.26-0.21-0.45-0.1
-0.530.98-0.690.53-0.67-0.69-0.61-0.920.560.46-0.60.12-0.9-0.69-0.070.120.020.69-0.650.97-0.680.650.95-0.430.73
0.730.140.360.340.580.480.560.01-0.67-0.820.21.00.020.27-0.730.120.65-0.170.070.28-0.3-0.210.280.690.43
0.6-0.080.39-0.270.530.430.570.15-0.44-0.630.030.650.140.26-0.430.020.65-0.210.170.12-0.33-0.24-0.020.78-0.01
-0.630.63-0.410.0-0.61-0.64-0.52-0.750.720.57-0.62-0.17-0.75-0.950.340.69-0.17-0.21-0.90.7-0.220.520.68-0.450.37
0.43-0.620.35-0.050.410.380.290.57-0.59-0.480.310.070.540.74-0.15-0.650.070.17-0.9-0.730.28-0.52-0.740.27-0.44
-0.360.96-0.580.5-0.51-0.53-0.44-0.850.430.32-0.50.28-0.82-0.64-0.20.970.280.120.7-0.73-0.70.620.98-0.260.75
0.13-0.70.69-0.360.280.230.260.480.01-0.120.48-0.30.50.170.64-0.68-0.3-0.33-0.220.28-0.7-0.79-0.640.11-0.24
-0.590.71-0.910.27-0.64-0.54-0.62-0.590.370.6-0.64-0.21-0.61-0.48-0.260.65-0.21-0.240.52-0.520.62-0.790.61-0.60.09
-0.360.96-0.590.62-0.51-0.52-0.45-0.840.40.32-0.420.28-0.8-0.61-0.210.950.28-0.020.68-0.740.98-0.640.61-0.310.82
0.94-0.480.79-0.310.930.870.950.61-0.73-0.890.580.690.610.59-0.45-0.430.690.78-0.450.27-0.260.11-0.6-0.31-0.11
-0.10.74-0.210.77-0.27-0.34-0.24-0.650.250.04-0.040.43-0.57-0.35-0.10.730.43-0.010.37-0.440.75-0.240.090.82-0.11
Click cells to compare fundamentals

Montauk Renewables Account Relationship Matchups

Montauk Renewables fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets243.6M253.4M286.5M332.3M350.2M316.8M
Short Long Term Debt Total67.3M66.4M79.5M76.2M68.1M60.1M
Other Current Liab588K12.4M11.2M14.6M12.3M9.4M
Total Current Liabilities22.7M28.5M24.6M28.4M29.4M30.3M
Total Stockholder Equity154.3M159.6M182.3M227.1M250.2M205.6M
Other Liab7.8M7.6M8.0M9.0M10.3M8.8M
Net Tangible Assets141.9M145.6M182.3M211.3M243.0M179.5M
Property Plant And Equipment Net194.3M187.6M181.2M180.8M218.6M207.3M
Current Deferred Revenue8.7M11.5M10.8M313K281.7K267.6K
Net Debt57.6M45.4M26.3M(29.0M)(5.7M)(5.4M)
Accounts Payable3.8M6.0M5.0M4.6M7.9M5.8M
Cash9.8M21.0M53.3M105.2M73.8M58.1M
Non Current Assets Total221.1M220.9M211.3M207.4M260.1M241.3M
Non Currrent Assets Other5.1M3.8M5.1M5.6M20.9M22.0M
Other Assets14.4M19.8M16.0M10.0M9.0M11.6M
Long Term Debt57.3M56.3M71.4M63.5M55.6M50.5M
Cash And Short Term Investments9.8M21.0M53.3M105.2M73.8M58.1M
Net Receivables10.0M5.4M18.3M16.2M12.8M13.5M
Liabilities And Stockholders Equity243.6M253.4M286.5M332.3M350.2M316.8M
Non Current Liabilities Total66.7M65.3M79.6M76.8M70.6M58.8M
Capital Lease Obligations780K602K323K4.8M4.6M4.8M
Other Current Assets2.8M12.1M3.6M3.5M3.6M5.0M
Other Stockholder Equity275.1M159.6M185.4M195.0M203.2M169.2M
Total Liab89.4M93.7M104.2M105.2M100.0M80.8M
Net Invested Capital66.6M65.8M261.5M298.5M313.7M201.5M
Property Plant And Equipment Gross194.3M187.0M180.9M180.8M394.1M239.3M
Short Long Term Debt9.3M9.5M7.8M7.9M7.9M8.1M
Total Current Assets22.5M32.5M75.2M124.9M90.2M75.5M
Net Working Capital(154K)4.0M50.6M96.5M60.8M45.2M
Short Term Debt9.6M10.1M8.4M8.8M8.8M8.5M
Intangible Assets12.3M14.0M14.1M15.7M18.4M16.0M
Common Stock154.3M159.6M1.4M1.4M1.4M1.3M
Property Plant Equipment194.3M187.6M180.9M175.9M202.3M199.6M

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When determining whether Montauk Renewables is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Montauk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Montauk Renewables Stock. Highlighted below are key reports to facilitate an investment decision about Montauk Renewables Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montauk Renewables. 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.
For more information on how to buy Montauk Stock please use our How to buy in Montauk Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Montauk Renewables. If investors know Montauk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Montauk Renewables listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.33
Earnings Share
0.17
Revenue Per Share
1.371
Quarterly Revenue Growth
0.184
Return On Assets
0.0607
The market value of Montauk Renewables is measured differently than its book value, which is the value of Montauk that is recorded on the company's balance sheet. Investors also form their own opinion of Montauk Renewables' value that differs from its market value or its book value, called intrinsic value, which is Montauk Renewables' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Montauk Renewables' market value can be influenced by many factors that don't directly affect Montauk Renewables' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Montauk Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Montauk Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montauk Renewables' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.