Mercantile Cash vs Net Debt Analysis

MRC Stock

241.00 1.00 0.41%

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 Cash and its Net Debt 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.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Mercantile Investment Cash account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mercantile Investment's Cash and Net Debt is -0.44. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt 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 Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of The Mercantile Investment are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Mercantile Investment's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cash

Cash refers to the most liquid asset of The Mercantile Investment, which is listed under current asset account on The Mercantile Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mercantile Investment customers. The amounts must be unrestricted with restricted cash listed in a different Mercantile Investment account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 8.5 M, whereas Tax Provision is forecasted to decline to about 133.9 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		-0.83	-0.79	0.8	-0.82	0.82	-0.83	0.85	0.78	-0.04	0.25	-0.46	-0.02	-0.47	0.89	0.89	-0.56	-0.24	-0.22	-0.22	-0.51	0.45	0.01	0.18	-0.64	-0.3
Total Assets	-0.83		0.57	-0.58	0.99	-0.6	0.98	-0.95	-0.53	0.03	-0.37	0.52	0.1	0.56	-0.65	-0.65	0.58	0.5	0.23	0.23	0.55	-0.44	-0.32	-0.06	0.69	0.17
Other Current Liab	-0.79	0.57		-1.0	0.6	-0.99	0.54	-0.53	-0.97	-0.14	-0.24	0.07	0.18	-0.07	-0.89	-0.88	0.16	0.31	0.42	0.42	0.12	-0.23	-0.14	-0.16	0.2	0.03
Total Current Liabilities	0.8	-0.58	-1.0		-0.62	1.0	-0.56	0.54	0.96	0.16	0.25	-0.08	-0.16	0.06	0.89	0.88	-0.17	-0.29	-0.4	-0.4	-0.13	0.28	0.13	0.18	-0.21	-0.03
Total Stockholder Equity	-0.82	0.99	0.6	-0.62		-0.63	0.97	-0.93	-0.54	0.05	-0.37	0.38	0.13	0.48	-0.65	-0.64	0.49	0.5	0.26	0.26	0.42	-0.45	-0.32	-0.12	0.61	0.1
Accounts Payable	0.82	-0.6	-0.99	1.0	-0.63		-0.58	0.57	0.96	0.17	0.25	-0.13	-0.12	0.01	0.9	0.89	-0.22	-0.31	-0.36	-0.36	-0.18	0.29	0.13	0.14	-0.26	-0.05
Non Current Assets Total	-0.83	0.98	0.54	-0.56	0.97	-0.58		-0.97	-0.49	0.02	-0.35	0.55	-0.08	0.62	-0.63	-0.63	0.67	0.49	0.05	0.05	0.58	-0.5	-0.27	0.0	0.72	0.18
Non Currrent Assets Other	0.85	-0.95	-0.53	0.54	-0.93	0.57	-0.97		0.48	-0.14	0.23	-0.54	0.1	-0.69	0.69	0.69	-0.74	-0.41	-0.04	-0.04	-0.59	0.51	0.22	-0.03	-0.74	-0.3
Net Receivables	0.78	-0.53	-0.97	0.96	-0.54	0.96	-0.49	0.48		0.2	0.2	-0.17	-0.21	0.04	0.87	0.87	-0.15	-0.33	-0.45	-0.45	-0.2	0.07	0.18	0.06	-0.25	-0.08
Non Current Liabilities Total	-0.04	0.03	-0.14	0.16	0.05	0.17	0.02	-0.14	0.2		0.39	-0.07	0.04	0.23	-0.17	-0.18	0.21	-0.32	-0.01	-0.01	-0.08	-0.14	0.39	-0.03	0.19	0.64
Other Stockholder Equity	0.25	-0.37	-0.24	0.25	-0.37	0.25	-0.35	0.23	0.2	0.39		-0.14	-0.13	0.04	0.01	-0.01	-0.04	-0.63	-0.16	-0.16	-0.12	0.08	0.05	0.06	0.1	0.63
Total Liab	-0.46	0.52	0.07	-0.08	0.38	-0.13	0.55	-0.54	-0.17	-0.07	-0.14		-0.16	0.69	-0.31	-0.31	0.75	0.22	-0.1	-0.1	0.99	-0.13	-0.13	0.33	0.77	0.48
Total Current Assets	-0.02	0.1	0.18	-0.16	0.13	-0.12	-0.08	0.1	-0.21	0.04	-0.13	-0.16		-0.35	-0.11	-0.1	-0.53	0.07	0.97	0.97	-0.18	0.35	-0.29	-0.31	-0.16	-0.11
Other Assets	-0.47	0.56	-0.07	0.06	0.48	0.01	0.62	-0.69	0.04	0.23	0.04	0.69	-0.35		-0.26	-0.27	0.8	0.07	-0.33	-0.33	0.72	-0.38	0.11	0.28	0.88	0.53
Common Stock Total Equity	0.89	-0.65	-0.89	0.89	-0.65	0.9	-0.63	0.69	0.87	-0.17	0.01	-0.31	-0.11	-0.26		1.0	-0.44	-0.11	-0.33	-0.33	-0.36	0.34	0.0	0.11	-0.5	-0.44
Common Stock	0.89	-0.65	-0.88	0.88	-0.64	0.89	-0.63	0.69	0.87	-0.18	-0.01	-0.31	-0.1	-0.27	1.0		-0.44	-0.11	-0.33	-0.33	-0.36	0.34	-0.01	0.1	-0.5	-0.45
Net Debt	-0.56	0.58	0.16	-0.17	0.49	-0.22	0.67	-0.74	-0.15	0.21	-0.04	0.75	-0.53	0.8	-0.44	-0.44		0.19	-0.44	-0.44	0.79	-0.52	0.09	0.29	0.73	0.52
Retained Earnings	-0.24	0.5	0.31	-0.29	0.5	-0.31	0.49	-0.41	-0.33	-0.32	-0.63	0.22	0.07	0.07	-0.11	-0.11	0.19		0.14	0.14	0.22	0.21	-0.51	0.51	0.12	-0.39
Cash	-0.22	0.23	0.42	-0.4	0.26	-0.36	0.05	-0.04	-0.45	-0.01	-0.16	-0.1	0.97	-0.33	-0.33	-0.33	-0.44	0.14		1.0	-0.11	0.3	-0.3	-0.3	-0.08	-0.07
Cash And Short Term Investments	-0.22	0.23	0.42	-0.4	0.26	-0.36	0.05	-0.04	-0.45	-0.01	-0.16	-0.1	0.97	-0.33	-0.33	-0.33	-0.44	0.14	1.0		-0.11	0.3	-0.3	-0.3	-0.08	-0.07
Short Long Term Debt Total	-0.51	0.55	0.12	-0.13	0.42	-0.18	0.58	-0.59	-0.2	-0.08	-0.12	0.99	-0.18	0.72	-0.36	-0.36	0.79	0.22	-0.11	-0.11		-0.19	-0.13	0.32	0.8	0.5
Short Term Investments	0.45	-0.44	-0.23	0.28	-0.45	0.29	-0.5	0.51	0.07	-0.14	0.08	-0.13	0.35	-0.38	0.34	0.34	-0.52	0.21	0.3	0.3	-0.19		-0.34	0.45	-0.34	-0.16
Inventory	0.01	-0.32	-0.14	0.13	-0.32	0.13	-0.27	0.22	0.18	0.39	0.05	-0.13	-0.29	0.11	0.0	-0.01	0.09	-0.51	-0.3	-0.3	-0.13	-0.34		-0.2	0.0	0.26
Other Current Assets	0.18	-0.06	-0.16	0.18	-0.12	0.14	0.0	-0.03	0.06	-0.03	0.06	0.33	-0.31	0.28	0.11	0.1	0.29	0.51	-0.3	-0.3	0.32	0.45	-0.2		0.25	0.18
Net Tangible Assets	-0.64	0.69	0.2	-0.21	0.61	-0.26	0.72	-0.74	-0.25	0.19	0.1	0.77	-0.16	0.88	-0.5	-0.5	0.73	0.12	-0.08	-0.08	0.8	-0.34	0.0	0.25		0.67
Long Term Debt	-0.3	0.17	0.03	-0.03	0.1	-0.05	0.18	-0.3	-0.08	0.64	0.63	0.48	-0.11	0.53	-0.44	-0.45	0.52	-0.39	-0.07	-0.07	0.5	-0.16	0.26	0.18	0.67

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Mercantile Investment Account Relationship Matchups

Mercantile Investment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	838.1M	800.3M	792.0M	791.5M	788.8M	809.5M
Total Assets	2.4B	2.3B	2.5B	2.2B	2.2B	2.0B
Other Current Liab	(5.9M)	(21.1M)	(9.1M)	(9.6M)	(19.2M)	(20.2M)
Total Current Liabilities	5.9M	21.1M	9.1M	9.6M	19.2M	25.4M
Total Stockholder Equity	2.2B	2.0B	2.2B	1.9B	1.9B	1.7B
Accounts Payable	5.9M	21.1M	9.1M	9.6M	19.2M	27.3M
Non Current Assets Total	2.3B	2.2B	2.5B	2.0B	2.1B	1.8B
Non Currrent Assets Other	(2.3B)	(2.2B)	(2.5B)	(2.0B)	(2.1B)	(2.2B)
Net Receivables	4.6M	14.1M	4.3M	2.7M	7.6M	11.2M
Liabilities And Stockholders Equity	2.4B	2.3B	2.5B	2.2B	2.2B	2.0B
Non Current Liabilities Total	177.9M	258.0M	9.1M	9.6M	327.9M	344.3M
Total Liab	183.7M	279.0M	336.8M	337.4M	347.2M	241.7M
Total Current Assets	77.0M	37.5M	69.9M	160.3M	97.1M	99.0M
Other Assets	185K	2.4B	2.3B	2.5B	2.9B	3.1B
Net Debt	105.5M	234.6M	262.1M	170.2M	238.4M	250.3M
Retained Earnings	2.1B	1.9B	2.1B	1.8B	76.2M	72.4M
Cash	72.3M	23.3M	65.7M	157.6M	89.5M	92.5M
Cash And Short Term Investments	72.3M	23.3M	65.7M	157.6M	89.5M	92.5M
Short Long Term Debt Total	177.9M	258.0M	327.7M	327.8M	327.9M	244.0M
Other Current Assets	(190.8M)	198K	902.0K	1.7M	997.0K	0.0
Accumulated Other Comprehensive Income	1.9B	1.6B	13.2M	13.2M	11.8M	11.3M
Net Tangible Assets	1.8B	2.2B	2.0B	2.2B	2.5B	2.1B
Long Term Investments	2.3B	2.2B	2.5B	2.0B	2.1B	2.2B
Net Invested Capital	2.4B	2.2B	2.5B	2.2B	2.2B	2.5B

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C	Citigroup
GM	General Motors
F	Ford Motor

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 Cash vs Net Debt Analysis

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

Correlation Coefficient

Cash

Net Debt

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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Other Information on Investing in Mercantile Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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
Short Long Term Debt Total	+ 0.99	Total Liab
Non Current Assets Total	+ 0.98	Total Assets

Total Current Liabilities	- 1.0	Other Current Liab
Accounts Payable	- 0.99	Other Current Liab
Non Currrent Assets Other	- 0.97	Non Current Assets Total
Net Receivables	- 0.97	Other Current Liab
Non Currrent Assets Other	- 0.95	Total Assets
Non Currrent Assets Other	- 0.93	Total Stockholder Equity