Mercantile Cash And Short Term Investments vs Net Receivables 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 Short Term Investments and its Net Receivables 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 And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

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

The correlation between Mercantile Investment's Cash And Short Term Investments and Net Receivables is -0.45. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables 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 Short Term Investments and Net Receivables 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 And Short Term Investments of The Mercantile Investment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Mercantile Investment's Cash And Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of The Mercantile Investment balance sheet. This account contains Mercantile Investment investments that will expire within one year. These investments include stocks and bonds that can be liquidated by The Mercantile Investment 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.

Net Receivables

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 And Short Term Investments vs Net Receivables Analysis

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Receivables

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

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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