MYSZ Accounts Payable vs Cash And Short Term Investments Analysis

MYSZ Stock  USD 1.34  0.10  6.94%   
My Size financial indicator trend analysis is infinitely more than just investigating My Size recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether My Size is a good investment. Please check the relationship between My Size Accounts Payable 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 My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy MYSZ Stock please use our How to Invest in My Size guide.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable 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 My Size Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between My Size's Accounts Payable and Cash And Short Term Investments is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of My Size, assuming nothing else is changed. The correlation between historical values of My Size's Accounts Payable 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 Accounts Payable of My Size 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 Accounts Payable i.e., My Size's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents My Size 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 My Size 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of My Size balance sheet. This account contains My Size investments that will expire within one year. These investments include stocks and bonds that can be liquidated by My Size 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 My Size's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into My Size 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 My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy MYSZ Stock please use our How to Invest in My Size guide.Issuance Of Capital Stock is likely to rise to about 6.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income17K26K97K101.9K
Reconciled Depreciation85K193K330K346.5K

My Size fundamental ratios Correlations

0.51-0.020.340.550.55-0.67-0.730.710.850.55-0.210.850.40.380.570.520.260.820.610.10.980.420.530.08-0.06
0.510.20.34-0.370.20.02-0.160.380.580.020.120.610.040.890.820.92-0.030.10.95-0.030.570.890.08-0.310.27
-0.020.20.87-0.27-0.310.360.13-0.14-0.17-0.080.09-0.05-0.01-0.15-0.16-0.170.08-0.180.250.190.0-0.160.35-0.880.93
0.340.340.87-0.1-0.030.23-0.290.330.030.340.090.120.35-0.010.140.050.350.250.50.160.29-0.030.44-0.670.77
0.55-0.37-0.27-0.10.4-0.79-0.640.370.420.51-0.360.40.33-0.41-0.12-0.290.340.72-0.30.180.51-0.360.510.37-0.32
0.550.2-0.31-0.030.4-0.37-0.630.50.450.54-0.290.390.160.070.260.30.080.690.240.120.470.090.650.24-0.22
-0.670.020.360.23-0.79-0.370.43-0.23-0.8-0.140.41-0.770.04-0.06-0.12-0.110.04-0.560.01-0.12-0.72-0.14-0.36-0.40.41
-0.73-0.160.13-0.29-0.64-0.630.43-0.91-0.45-0.880.11-0.42-0.65-0.01-0.49-0.21-0.74-0.95-0.3-0.05-0.63-0.01-0.48-0.290.18
0.710.38-0.140.330.370.5-0.23-0.910.430.88-0.010.390.770.280.70.460.710.830.54-0.070.610.270.230.28-0.18
0.850.58-0.170.030.420.45-0.8-0.450.430.13-0.270.99-0.010.580.60.65-0.040.530.570.070.930.640.350.14-0.17
0.550.02-0.080.340.510.54-0.14-0.880.880.13-0.040.090.86-0.150.310.060.710.830.20.010.38-0.170.390.25-0.13
-0.210.120.090.09-0.36-0.290.410.11-0.01-0.27-0.04-0.260.10.160.110.090.08-0.180.12-0.13-0.220.11-0.26-0.070.11
0.850.61-0.050.120.40.39-0.77-0.420.390.990.09-0.26-0.040.560.570.62-0.060.490.590.110.940.620.410.01-0.05
0.40.04-0.010.350.330.160.04-0.650.77-0.010.860.1-0.04-0.070.290.060.660.590.210.010.25-0.110.080.2-0.09
0.380.89-0.15-0.01-0.410.07-0.06-0.010.280.58-0.150.160.56-0.070.830.96-0.17-0.020.83-0.210.461.0-0.270.03-0.1
0.570.82-0.160.14-0.120.26-0.12-0.490.70.60.310.110.570.290.830.890.380.380.83-0.220.590.82-0.110.12-0.13
0.520.92-0.170.05-0.290.3-0.11-0.210.460.650.060.090.620.060.960.89-0.060.180.89-0.160.570.96-0.10.06-0.12
0.26-0.030.080.350.340.080.04-0.740.71-0.040.710.08-0.060.66-0.170.38-0.060.570.1-0.130.17-0.20.060.12-0.02
0.820.1-0.180.250.720.69-0.56-0.950.830.530.83-0.180.490.59-0.020.380.180.570.270.090.710.00.550.33-0.24
0.610.950.250.5-0.30.240.01-0.30.540.570.20.120.590.210.830.830.890.10.27-0.070.630.820.12-0.260.25
0.1-0.030.190.160.180.12-0.12-0.05-0.070.070.01-0.130.110.01-0.21-0.22-0.16-0.130.09-0.070.11-0.190.35-0.140.21
0.980.570.00.290.510.47-0.72-0.630.610.930.38-0.220.940.250.460.590.570.170.710.630.110.510.490.03-0.03
0.420.89-0.16-0.03-0.360.09-0.14-0.010.270.64-0.170.110.62-0.111.00.820.96-0.20.00.82-0.190.51-0.230.03-0.11
0.530.080.350.440.510.65-0.36-0.480.230.350.39-0.260.410.08-0.27-0.11-0.10.060.550.120.350.49-0.23-0.380.42
0.08-0.31-0.88-0.670.370.24-0.4-0.290.280.140.25-0.070.010.20.030.120.060.120.33-0.26-0.140.030.03-0.38-0.98
-0.060.270.930.77-0.32-0.220.410.18-0.18-0.17-0.130.11-0.05-0.09-0.1-0.13-0.12-0.02-0.240.250.21-0.03-0.110.42-0.98
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My Size Account Relationship Matchups

My Size fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0M3.6M12.6M9.7M9.0M4.7M
Other Current Liab328K(128K)2K1.2M1.4M985.0K
Total Current Liabilities1.2M911K1.2M4.2M3.9M2.4M
Total Stockholder Equity1.1M2.1M10.9M4.5M4.7M5.0M
Property Plant And Equipment Net1.1M1.0M888K723K472K392.5K
Net Debt(442K)(981K)(10.1M)(1.1M)(1.5M)(1.6M)
Retained Earnings(28.5M)(34.7M)(45.2M)(53.5M)(59.9M)(62.9M)
Accounts Payable818K781K1.1M2.5M2.2M2.3M
Cash1.2M1.7M10.7M2.1M2.2M2.7M
Non Current Assets Total1.1M1.1M996K3.7M2.4M2.5M
Non Currrent Assets Other(1.1M)911K(996K)28K7K7.4K
Cash And Short Term Investments1.2M1.7M10.7M2.1M2.2M2.9M
Net Receivables91K97K190K2.4M1.4M1.5M
Common Stock Shares Outstanding10.0K27.7K74.1K139.0K318.8K441.8K
Liabilities And Stockholders Equity3.0M3.6M12.6M9.7M9.0M4.7M
Non Current Liabilities Total659K579K473K1.0M378K359.1K
Other Stockholder Equity30.1M37.2M56.4M58.7M65.4M42.7M
Total Liab1.9M1.5M1.7M5.2M4.3M2.6M
Total Current Assets1.8M2.5M11.6M6.1M6.6M4.0M
Accumulated Other Comprehensive Income(539K)(424K)(406K)(637K)(771K)(732.5K)
Common Stock2K7K24K1K4K3.8K
Other Current Assets584K682K852K585K370K361.6K
Net Tangible Assets5.3M1.1M2.1M10.9M12.5M13.1M
Property Plant Equipment71K1.1M1.0M888K1.0M1.1M
Retained Earnings Total Equity(17.0M)(23.0M)(28.5M)(34.7M)(31.2M)(32.8M)
Capital Surpluse16.0M29.1M30.1M37.2M42.7M23.9M
Long Term Investments26K59K108K146K30K28.5K
Net Invested Capital1.1M2.1M10.9M5.1M5.1M4.5M
Net Working Capital577K1.6M10.3M1.9M2.7M3.3M
Capital Stock2K7K24K1K4K3.8K

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