Mercantile Accounts Payable vs Non Currrent Assets Other Analysis

MRC Stock

238.00 1.50 0.63%

Mercantile Investment financial indicator trend analysis is infinitely more than just investigating The Mercantile Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Mercantile Investment is a good investment. Please check the relationship between Mercantile Investment Accounts Payable and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Mercantile Investment. 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 economic analysis.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Mercantile Investment Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Mercantile Investment's Accounts Payable and Non Currrent Assets Other is 0.54. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of The Mercantile Investment, assuming nothing else is changed. The correlation between historical values of Mercantile Investment's Accounts Payable and Non Currrent Assets Other 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 The Mercantile Investment are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Mercantile Investment's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

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Accounts Payable

An accounting item on the balance sheet that represents Mercantile 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 The Mercantile Investment 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from Mercantile Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The Mercantile Investment 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 The Mercantile Investment. 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 economic analysis.

The current year's Selling General Administrative is expected to grow to about 7.6 M, whereas Tax Provision is forecasted to decline to about 154 K.

Mercantile Investment fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Common Stock Total Equity	Common Stock	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Short Long Term Debt Total	Short Term Investments	Inventory	Other Current Assets	Net Tangible Assets	Long Term Debt
Common Stock Shares Outstanding		-0.85	-0.75	0.77	-0.83	0.76	-0.85	0.81	0.76	-0.19	-0.04	-0.54	0.02	-0.52	0.89	0.89	-0.61	-0.14	-0.18	-0.18	-0.58	0.45	-0.04	-0.2	-0.71	-0.37
Total Assets	-0.85		0.53	-0.56	0.99	-0.54	0.99	-0.92	-0.52	0.19	-0.13	0.6	0.05	0.61	-0.67	-0.67	0.62	0.36	0.18	0.18	0.63	-0.44	-0.23	0.4	0.79	0.31
Other Current Liab	-0.75	0.53		-1.0	0.58	-1.0	0.51	-0.54	-0.96	-0.13	-0.25	0.07	0.14	-0.06	-0.88	-0.87	0.16	0.28	0.38	0.38	0.11	-0.27	-0.12	0.16	0.2	0.02
Total Current Liabilities	0.77	-0.56	-1.0		-0.6	1.0	-0.53	0.55	0.96	0.11	0.25	-0.09	-0.15	0.05	0.89	0.88	-0.17	-0.28	-0.39	-0.39	-0.13	0.28	0.12	-0.16	-0.22	-0.03
Total Stockholder Equity	-0.83	0.99	0.58	-0.6		-0.58	0.97	-0.93	-0.54	0.16	-0.19	0.47	0.09	0.53	-0.68	-0.68	0.53	0.39	0.23	0.23	0.49	-0.45	-0.25	0.37	0.71	0.25
Accounts Payable	0.76	-0.54	-1.0	1.0	-0.58		-0.52	0.54	0.96	0.13	0.25	-0.09	-0.13	0.05	0.88	0.88	-0.17	-0.27	-0.37	-0.37	-0.13	0.27	0.12	-0.15	-0.21	-0.03
Non Current Assets Total	-0.85	0.99	0.51	-0.53	0.97	-0.52		-0.94	-0.48	0.18	-0.07	0.63	-0.12	0.66	-0.65	-0.65	0.69	0.35	0.02	0.02	0.65	-0.49	-0.18	0.4	0.81	0.32
Non Currrent Assets Other	0.81	-0.92	-0.54	0.55	-0.93	0.54	-0.94		0.49	-0.08	0.17	-0.47	0.09	-0.63	0.63	0.63	-0.65	-0.44	-0.05	-0.05	-0.51	0.5	0.24	-0.48	-0.67	-0.1
Net Receivables	0.76	-0.52	-0.96	0.96	-0.54	0.96	-0.48	0.49		0.13	0.19	-0.17	-0.2	0.02	0.88	0.87	-0.16	-0.3	-0.45	-0.45	-0.21	0.07	0.16	-0.19	-0.26	-0.08
Non Current Liabilities Total	-0.19	0.19	-0.13	0.11	0.16	0.13	0.18	-0.08	0.13		0.42	0.21	-0.03	0.34	-0.23	-0.24	0.4	-0.39	-0.05	-0.05	0.2	-0.16	0.42	-0.57	0.32	0.65
Other Stockholder Equity	-0.04	-0.13	-0.25	0.25	-0.19	0.25	-0.07	0.17	0.19	0.42		0.24	-0.35	0.36	0.0	-0.01	0.29	-0.75	-0.37	-0.37	0.25	-0.13	0.32	-0.52	0.32	0.5
Total Liab	-0.54	0.6	0.07	-0.09	0.47	-0.09	0.63	-0.47	-0.17	0.21	0.24		-0.2	0.7	-0.32	-0.32	0.76	0.03	-0.13	-0.13	0.99	-0.15	-0.01	0.34	0.82	0.51
Total Current Assets	0.02	0.05	0.14	-0.15	0.09	-0.13	-0.12	0.09	-0.2	-0.03	-0.35	-0.2		-0.37	-0.09	-0.09	-0.52	0.09	0.97	0.97	-0.21	0.36	-0.3	0.04	-0.2	-0.13
Other Assets	-0.52	0.61	-0.06	0.05	0.53	0.05	0.66	-0.63	0.02	0.34	0.36	0.7	-0.37		-0.27	-0.28	0.82	0.0	-0.34	-0.34	0.73	-0.38	0.14	0.17	0.88	0.49
Common Stock Total Equity	0.89	-0.67	-0.88	0.89	-0.68	0.88	-0.65	0.63	0.88	-0.23	0.0	-0.32	-0.09	-0.27		1.0	-0.46	-0.1	-0.32	-0.32	-0.37	0.34	-0.01	-0.06	-0.5	-0.43
Common Stock	0.89	-0.67	-0.87	0.88	-0.68	0.88	-0.65	0.63	0.87	-0.24	-0.01	-0.32	-0.09	-0.28	1.0		-0.46	-0.09	-0.31	-0.31	-0.37	0.34	-0.01	-0.05	-0.5	-0.44
Net Debt	-0.61	0.62	0.16	-0.17	0.53	-0.17	0.69	-0.65	-0.16	0.4	0.29	0.76	-0.52	0.82	-0.46	-0.46		0.06	-0.43	-0.43	0.8	-0.5	0.15	0.21	0.77	0.54
Retained Earnings	-0.14	0.36	0.28	-0.28	0.39	-0.27	0.35	-0.44	-0.3	-0.39	-0.75	0.03	0.09	0.0	-0.1	-0.09	0.06		0.16	0.16	0.04	0.22	-0.52	0.69	0.05	-0.35
Cash	-0.18	0.18	0.38	-0.39	0.23	-0.37	0.02	-0.05	-0.45	-0.05	-0.37	-0.13	0.97	-0.34	-0.32	-0.31	-0.43	0.16		1.0	-0.14	0.31	-0.31	0.08	-0.11	-0.09
Cash And Short Term Investments	-0.18	0.18	0.38	-0.39	0.23	-0.37	0.02	-0.05	-0.45	-0.05	-0.37	-0.13	0.97	-0.34	-0.32	-0.31	-0.43	0.16	1.0		-0.14	0.31	-0.31	0.08	-0.11	-0.09
Short Long Term Debt Total	-0.58	0.63	0.11	-0.13	0.49	-0.13	0.65	-0.51	-0.21	0.2	0.25	0.99	-0.21	0.73	-0.37	-0.37	0.8	0.04	-0.14	-0.14		-0.19	-0.01	0.36	0.84	0.52
Short Term Investments	0.45	-0.44	-0.27	0.28	-0.45	0.27	-0.49	0.5	0.07	-0.16	-0.13	-0.15	0.36	-0.38	0.34	0.34	-0.5	0.22	0.31	0.31	-0.19		-0.34	0.09	-0.34	-0.15
Inventory	-0.04	-0.23	-0.12	0.12	-0.25	0.12	-0.18	0.24	0.16	0.42	0.32	-0.01	-0.3	0.14	-0.01	-0.01	0.15	-0.52	-0.31	-0.31	-0.01	-0.34		-0.66	0.04	0.24
Other Current Assets	-0.2	0.4	0.16	-0.16	0.37	-0.15	0.4	-0.48	-0.19	-0.57	-0.52	0.34	0.04	0.17	-0.06	-0.05	0.21	0.69	0.08	0.08	0.36	0.09	-0.66		0.16	-0.3
Net Tangible Assets	-0.71	0.79	0.2	-0.22	0.71	-0.21	0.81	-0.67	-0.26	0.32	0.32	0.82	-0.2	0.88	-0.5	-0.5	0.77	0.05	-0.11	-0.11	0.84	-0.34	0.04	0.16		0.62
Long Term Debt	-0.37	0.31	0.02	-0.03	0.25	-0.03	0.32	-0.1	-0.08	0.65	0.5	0.51	-0.13	0.49	-0.43	-0.44	0.54	-0.35	-0.09	-0.09	0.52	-0.15	0.24	-0.3	0.62

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Mercantile Investment Account Relationship Matchups

Mercantile Investment fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	800.3M	792.0M	791.5M	788.8M	710.0M	809.5M
Total Assets	2.3B	2.5B	2.2B	2.2B	2.5B	2.0B
Other Current Liab	(21.1M)	(9.1M)	(9.6M)	(19.2M)	(22.1M)	(23.2M)
Total Current Liabilities	21.1M	9.1M	9.6M	19.2M	17.3M	25.4M
Total Stockholder Equity	2.0B	2.2B	1.9B	1.9B	2.1B	1.7B
Accounts Payable	21.1M	9.1M	9.6M	19.2M	17.3M	25.3M
Non Current Assets Total	2.2B	2.5B	2.0B	2.1B	2.4B	1.8B
Non Currrent Assets Other	(2.2B)	(2.5B)	(2.0B)	(2.1B)	(1.9B)	(2.0B)
Net Receivables	14.1M	4.3M	2.7M	7.6M	6.8M	11.1M
Liabilities And Stockholders Equity	2.3B	2.5B	2.2B	2.2B	2.5B	2.0B
Non Current Liabilities Total	258.0M	9.1M	9.6M	327.9M	377.1M	396.0M
Other Stockholder Equity	(1.8B)	36.6M	(1.7B)	1.8B	1.6B	1.7B
Total Liab	279.0M	336.8M	337.4M	347.2M	399.3M	241.7M
Total Current Assets	37.5M	69.9M	160.3M	97.1M	87.4M	99.0M
Other Assets	185K	2.4B	2.3B	2.5B	2.9B	3.1B
Net Debt	234.6M	262.1M	170.2M	238.4M	274.2M	287.9M
Retained Earnings	1.9B	2.1B	1.8B	76.2M	87.6M	83.2M
Cash	23.3M	65.7M	157.6M	89.5M	80.6M	92.5M
Cash And Short Term Investments	23.3M	65.7M	157.6M	89.5M	80.6M	92.5M
Short Long Term Debt Total	258.0M	327.7M	327.8M	327.9M	377.1M	244.0M
Other Current Assets	213K	198K	902.0K	1.7M	997.0K	0.0
Net Tangible Assets	1.8B	2.2B	2.0B	2.2B	2.5B	2.1B
Long Term Investments	2.2B	2.5B	2.0B	2.1B	2.4B	2.2B
Net Invested Capital	2.2B	2.5B	2.2B	2.2B	2.5B	2.5B

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Other Information on Investing in Mercantile Stock

Balance Sheet is a snapshot of the financial position of The Mercantile Investment at a specified time, usually calculated after every quarter, six months, or one year. Mercantile Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mercantile Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mercantile currently owns. An asset can also be divided into two categories, current and non-current.

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Mercantile Accounts Payable vs Non Currrent Assets Other Analysis

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Accounts Payable

Non Currrent Assets Other

Mercantile Investment fundamental ratios Correlations

Mercantile Investment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mercantile Investment fundamental ratios Accounts

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COMMON DESTINATIONS

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Accounts Payable	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.99	Total Liab

Accounts Payable	- 1.0	Other Current Liab
Total Current Liabilities	- 1.0	Other Current Liab
Net Receivables	- 0.96	Other Current Liab
Non Currrent Assets Other	- 0.94	Non Current Assets Total
Non Currrent Assets Other	- 0.93	Total Stockholder Equity
Non Currrent Assets Other	- 0.92	Total Assets