Monroe Total Current Assets vs Total Assets Analysis
| MRCC Stock | USD 8.64 0.01 0.12% |
Monroe Capital financial indicator trend analysis is infinitely more than just investigating Monroe Capital Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monroe Capital Corp is a good investment. Please check the relationship between Monroe Capital Total Current Assets and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monroe Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monroe Capital Corp Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Monroe Capital's Total Current Assets and Total Assets is 0.67. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Monroe Capital Corp, assuming nothing else is changed. The correlation between historical values of Monroe Capital's Total Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Monroe Capital Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Monroe Capital's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Assets
Total assets refers to the total amount of Monroe Capital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Monroe Capital Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Monroe Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monroe Capital Corp 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 Monroe Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. The current year's Selling General Administrative is expected to grow to about 3.3 M, whereas Tax Provision is forecasted to decline to about 590.7 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 32.7M | 13.6M | 24.2M | 19.7M | Other Operating Expenses | 7.4M | 5.9M | 17.4M | 18.3M |
Monroe Capital fundamental ratios Correlations
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Monroe Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monroe Capital fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 655.1M | 585.1M | 590.5M | 565.0M | 513.2M | 456.1M | |
| Total Stockholder Equity | 249.4M | 234.4M | 249.5M | 225.0M | 203.7M | 209.9M | |
| Net Debt | 394.0M | 336.7M | 329.5M | 324.7M | 295.9M | 233.7M | |
| Cash | 2.2M | 6.8M | 2.6M | 5.5M | 5.0M | 4.0M | |
| Other Assets | 27.9M | 26.7M | 15.9M | 541K | 488.9M | 513.3M | |
| Cash And Short Term Investments | 2.2M | 6.8M | 2.6M | 5.5M | 5.0M | 4.0M | |
| Common Stock Shares Outstanding | 20.4M | 20.9M | 21.5M | 21.7M | 24.9M | 16.8M | |
| Liabilities And Stockholders Equity | 655.1M | 585.1M | 590.5M | 565.0M | 513.2M | 456.1M | |
| Other Stockholder Equity | 288.9M | 294.9M | 298.7M | 298.7M | 298.1M | 242.1M | |
| Total Current Assets | 10.9M | 11.4M | 12.1M | 21.9M | 24.3M | 15.4M | |
| Short Long Term Debt Total | 396.2M | 343.5M | 332.2M | 656.9M | 300.9M | 304.1M | |
| Other Current Liab | (5.3M) | (1.7M) | (2.1M) | (6.3M) | (1.6M) | (1.5M) | |
| Total Current Liabilities | 5.3M | 5.1M | 5.9M | 6.3M | 1.6M | 1.5M | |
| Retained Earnings | (39.5M) | (60.5M) | (49.2M) | (73.7M) | (94.4M) | (89.7M) | |
| Accounts Payable | 5.3M | 1.7M | 2.1M | 6.3M | 1.6M | 3.0M | |
| Non Current Assets Total | 616.2M | 547.0M | 562.5M | 542.5M | 488.9M | 470.9M | |
| Non Currrent Assets Other | (655.1M) | (585.1M) | (590.5M) | (542.5M) | (488.4M) | (464.0M) | |
| Long Term Debt | 221.9M | 313.8M | 396.2M | 330.1M | 379.6M | 225.8M | |
| Net Receivables | 8.7M | 4.6M | 9.5M | 16.5M | 19.3M | 20.3M | |
| Non Current Liabilities Total | 396.2M | 343.5M | 332.2M | 6.3M | 300.9M | 225.5M | |
| Other Current Assets | (38.3M) | (37.0M) | (27.6M) | (21.9M) | (24.3M) | (23.1M) | |
| Total Liab | 405.7M | 350.7M | 341.0M | 340.0M | 309.5M | 266.7M | |
| Net Tangible Assets | 249.4M | 234.4M | 249.5M | 905.0M | 1.0B | 1.1B | |
| Deferred Long Term Liab | 378K | 562K | 123K | 184K | 165.6K | 157.3K | |
| Long Term Investments | 616.2M | 547.0M | 562.5M | 1.5M | 488.4M | 467.6M | |
| Long Term Debt Total | 221.9M | 313.8M | 396.2M | 330.1M | 379.6M | 293.8M | |
| Capital Surpluse | 286.1M | 288.9M | 288.9M | 298.7M | 343.5M | 289.8M | |
| Net Invested Capital | 645.6M | 577.9M | 581.6M | 555.1M | 504.6M | 450.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Monroe Capital Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monroe Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monroe Capital Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monroe Capital Corp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monroe Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Asset Management & Custody Banks 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 Monroe Capital. If investors know Monroe 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 Monroe Capital 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 (0.05) | Earnings Share 0.61 | Revenue Per Share 2.86 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0545 |
The market value of Monroe Capital Corp is measured differently than its book value, which is the value of Monroe that is recorded on the company's balance sheet. Investors also form their own opinion of Monroe Capital's value that differs from its market value or its book value, called intrinsic value, which is Monroe Capital's 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 Monroe Capital's market value can be influenced by many factors that don't directly affect Monroe Capital's 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 Monroe Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monroe Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monroe Capital's 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.