Mobilicom Common Stock vs Cash And Short Term Investments Analysis

MOBBW Stock  USD 0.58  0.01  1.69%   
Mobilicom Limited financial indicator trend analysis is infinitely more than just investigating Mobilicom Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mobilicom Limited is a good investment. Please check the relationship between Mobilicom Limited Common Stock and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mobilicom Limited Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Common Stock vs Cash And Short Term Investments

Common Stock vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mobilicom Limited Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Mobilicom Limited's Common Stock and Cash And Short Term Investments is 0.39. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Mobilicom Limited Warrants, assuming nothing else is changed. The correlation between historical values of Mobilicom Limited's Common Stock and Cash And Short Term Investments 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 of Mobilicom Limited Warrants are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Mobilicom Limited's Common Stock and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mobilicom Limited balance sheet. This account contains Mobilicom Limited investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mobilicom Limited Warrants fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Mobilicom Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mobilicom Limited 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 Mobilicom Limited Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Mobilicom Limited's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.99 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense53.5K66.0K54.8K79.8K
Depreciation And Amortization95.3K375.5K412.1K432.7K

Mobilicom Limited fundamental ratios Correlations

0.510.430.96-0.11-0.94-0.10.170.97-0.110.970.69-0.620.22-0.130.231.00.57-0.280.80.5-0.210.8-0.47-0.47-0.17
0.510.990.30.51-0.42-0.870.680.350.510.350.410.140.930.120.80.450.88-0.680.810.89-0.750.8-0.85-0.85-0.68
0.430.990.20.6-0.32-0.920.740.250.60.250.350.260.960.190.850.370.88-0.660.770.91-0.750.76-0.84-0.84-0.68
0.960.30.2-0.35-0.970.15-0.071.0-0.351.00.62-0.78-0.02-0.28-0.050.980.33-0.120.630.25-0.020.63-0.28-0.28-0.01
-0.110.510.6-0.350.35-0.780.72-0.321.0-0.320.150.830.680.780.85-0.20.62-0.470.370.72-0.60.36-0.55-0.55-0.56
-0.94-0.42-0.32-0.970.35-0.040.06-0.980.35-0.98-0.590.76-0.10.350.02-0.96-0.360.19-0.65-0.290.09-0.650.360.360.1
-0.1-0.87-0.920.15-0.78-0.04-0.720.1-0.780.1-0.25-0.56-0.95-0.44-0.91-0.03-0.830.72-0.6-0.880.84-0.60.830.830.79
0.170.680.74-0.070.720.06-0.72-0.040.72-0.040.050.50.740.240.880.10.7-0.220.50.71-0.360.49-0.39-0.39-0.24
0.970.350.251.0-0.32-0.980.1-0.04-0.321.00.65-0.760.03-0.260.00.990.39-0.170.670.3-0.070.68-0.33-0.33-0.05
-0.110.510.6-0.351.00.35-0.780.72-0.32-0.320.150.830.680.780.85-0.20.62-0.470.370.72-0.60.36-0.55-0.55-0.56
0.970.350.251.0-0.32-0.980.1-0.041.0-0.320.65-0.760.03-0.260.00.990.39-0.170.670.3-0.070.68-0.33-0.33-0.05
0.690.410.350.620.15-0.59-0.250.050.650.150.65-0.230.220.440.330.670.61-0.360.830.56-0.380.84-0.65-0.65-0.42
-0.620.140.26-0.780.830.76-0.560.5-0.760.83-0.76-0.230.410.660.54-0.680.16-0.14-0.120.28-0.28-0.13-0.16-0.16-0.33
0.220.930.96-0.020.68-0.1-0.950.740.030.680.030.220.410.240.870.150.82-0.70.630.86-0.80.62-0.78-0.78-0.66
-0.130.120.19-0.280.780.35-0.440.24-0.260.78-0.260.440.660.240.52-0.20.4-0.360.290.48-0.450.29-0.46-0.46-0.52
0.230.80.85-0.050.850.02-0.910.880.00.850.00.330.540.870.520.140.9-0.580.690.92-0.710.68-0.73-0.73-0.6
1.00.450.370.98-0.2-0.96-0.030.10.99-0.20.990.67-0.680.15-0.20.140.5-0.230.750.42-0.150.76-0.41-0.41-0.12
0.570.880.880.330.62-0.36-0.830.70.390.620.390.610.160.820.40.90.5-0.710.910.98-0.780.9-0.88-0.88-0.69
-0.28-0.68-0.66-0.12-0.470.190.72-0.22-0.17-0.47-0.17-0.36-0.14-0.7-0.36-0.58-0.23-0.71-0.54-0.750.97-0.530.840.840.83
0.80.810.770.630.37-0.65-0.60.50.670.370.670.83-0.120.630.290.690.750.91-0.540.87-0.581.0-0.82-0.82-0.55
0.50.890.910.250.72-0.29-0.880.710.30.720.30.560.280.860.480.920.420.98-0.750.87-0.830.86-0.91-0.91-0.75
-0.21-0.75-0.75-0.02-0.60.090.84-0.36-0.07-0.6-0.07-0.38-0.28-0.8-0.45-0.71-0.15-0.780.97-0.58-0.83-0.580.890.890.87
0.80.80.760.630.36-0.65-0.60.490.680.360.680.84-0.130.620.290.680.760.9-0.531.00.86-0.58-0.82-0.82-0.55
-0.47-0.85-0.84-0.28-0.550.360.83-0.39-0.33-0.55-0.33-0.65-0.16-0.78-0.46-0.73-0.41-0.880.84-0.82-0.910.89-0.821.00.92
-0.47-0.85-0.84-0.28-0.550.360.83-0.39-0.33-0.55-0.33-0.65-0.16-0.78-0.46-0.73-0.41-0.880.84-0.82-0.910.89-0.821.00.92
-0.17-0.68-0.68-0.01-0.560.10.79-0.24-0.05-0.56-0.05-0.42-0.33-0.66-0.52-0.6-0.12-0.690.83-0.55-0.750.87-0.550.920.92
Click cells to compare fundamentals

Mobilicom Limited Account Relationship Matchups

Mobilicom Limited fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6M4.6M5.9M21.2M15.9M11.3M
Other Current Liab851.4K767.5K936.7K2.4M2.9M3.1M
Total Current Liabilities1.7M1.3M1.5M3.0M4.0M4.2M
Total Stockholder Equity4.4M2.0M3.3M17.9M11.3M8.4M
Property Plant And Equipment Net1.1M913.9K762.8K562.7K790.7K587.7K
Net Debt(3.8M)(1.6M)(3.4M)(18.5M)(11.6M)(12.2M)
Retained Earnings(19.3M)(21.6M)(24.3M)(24.1M)(30.9M)(32.5M)
Accounts Payable580.3K251.7K214.8K299.3K733.1K371.9K
Cash4.7M2.5M4.0M18.9M12.3M9.1M
Non Current Assets Total1.1M913.9K762.8K562.7K790.7K587.7K
Cash And Short Term Investments4.7M2.5M4.0M18.9M12.3M9.1M
Net Receivables1.3M385.2K695.5K828.4M1.4M1.4M
Liabilities And Stockholders Equity7.6M4.6M5.9M21.2M15.9M11.3M
Non Current Liabilities Total1.5M1.3M1.2M305.1K637.1K891.2K
Inventory525.0K803.0K491.0K838.7K1.4M1.4M
Total Liab3.2M2.5M2.6M3.3M4.6M2.8M
Total Current Assets6.5M3.7M5.2M20.6M15.1M10.7M
Accumulated Other Comprehensive Income860.0K770.3K1.2M277.0K388.7K679.0K
Common Stock Shares Outstanding244.9M938.0K1.1M2.4M4.8M4.6M
Net Invested Capital4.4M2.0M3.3M17.9M11.3M7.7M
Net Working Capital4.9M2.4M3.7M17.6M11.2M7.9M

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