Manhattan Deferred Long Term Liab vs Accounts Payable Analysis

LOAN Stock  USD 5.36  0.08  1.52%   
Manhattan Bridge financial indicator trend analysis is infinitely more than just investigating Manhattan Bridge Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manhattan Bridge Capital is a good investment. Please check the relationship between Manhattan Bridge Deferred Long Term Liab and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Bridge Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manhattan Bridge Capital Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Manhattan Bridge's Deferred Long Term Liab and Accounts Payable is -0.11. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Manhattan Bridge Capital, assuming nothing else is changed. The correlation between historical values of Manhattan Bridge's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Manhattan Bridge Capital are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Manhattan Bridge's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents Manhattan Bridge 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 Manhattan Bridge Capital 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.
Most indicators from Manhattan Bridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manhattan Bridge Capital 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 Manhattan Bridge Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Manhattan Bridge's Tax Provision is very stable compared to the past year. As of the 2nd of December 2024, Enterprise Value is likely to grow to about 92.5 M, while Selling General Administrative is likely to drop about 1.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.8M6.8M9.8M10.3M
Total Revenue5.8M6.8M7.3M4.4M

Manhattan Bridge fundamental ratios Correlations

-0.310.460.990.710.98-0.610.8-0.43-0.46-0.52-0.17-0.230.850.98-0.080.160.980.680.860.99-0.34-0.940.990.6-0.19
-0.31-0.43-0.36-0.6-0.250.09-0.060.150.280.570.160.1-0.44-0.250.510.32-0.34-0.61-0.52-0.270.210.52-0.27-0.52-0.01
0.46-0.430.450.480.46-0.090.44-0.22-0.23-0.65-0.27-0.350.660.450.180.320.440.50.290.35-0.17-0.60.350.2-0.17
0.99-0.360.450.70.95-0.650.76-0.43-0.43-0.54-0.18-0.20.860.95-0.120.110.990.670.860.99-0.32-0.930.990.6-0.2
0.71-0.60.480.70.68-0.390.62-0.26-0.59-0.87-0.18-0.090.650.69-0.41-0.070.731.00.810.63-0.5-0.860.630.920.0
0.98-0.250.460.950.68-0.550.82-0.43-0.46-0.47-0.16-0.280.831.0-0.020.220.940.650.810.96-0.34-0.930.960.56-0.2
-0.610.09-0.09-0.65-0.39-0.55-0.440.170.290.430.0-0.29-0.51-0.550.330.17-0.65-0.36-0.67-0.620.360.53-0.62-0.340.11
0.8-0.060.440.760.620.82-0.44-0.46-0.47-0.47-0.28-0.190.780.82-0.030.170.780.620.680.76-0.29-0.760.760.52-0.24
-0.430.15-0.22-0.43-0.26-0.430.17-0.460.080.180.92-0.05-0.41-0.41-0.04-0.07-0.44-0.25-0.32-0.47-0.250.32-0.47-0.250.91
-0.460.28-0.23-0.43-0.59-0.460.29-0.470.080.420.09-0.15-0.3-0.480.17-0.3-0.48-0.58-0.53-0.380.840.55-0.38-0.54-0.06
-0.520.57-0.65-0.54-0.87-0.470.43-0.470.180.420.180.03-0.57-0.480.410.17-0.57-0.88-0.65-0.420.360.71-0.42-0.750.0
-0.170.16-0.27-0.18-0.18-0.160.0-0.280.920.090.18-0.15-0.25-0.15-0.09-0.13-0.2-0.19-0.1-0.19-0.230.12-0.19-0.150.92
-0.230.1-0.35-0.2-0.09-0.28-0.29-0.19-0.05-0.150.03-0.15-0.31-0.27-0.27-0.15-0.17-0.09-0.03-0.21-0.330.25-0.210.02-0.13
0.85-0.440.660.860.650.83-0.510.78-0.41-0.3-0.57-0.25-0.310.820.010.160.830.670.680.82-0.19-0.870.820.43-0.26
0.98-0.250.450.950.691.0-0.550.82-0.41-0.48-0.48-0.15-0.270.82-0.040.220.950.660.820.96-0.37-0.930.960.59-0.17
-0.080.510.18-0.12-0.41-0.020.33-0.03-0.040.170.41-0.09-0.270.01-0.040.87-0.17-0.4-0.58-0.080.230.18-0.08-0.63-0.29
0.160.320.320.11-0.070.220.170.17-0.07-0.30.17-0.13-0.150.160.220.870.09-0.07-0.280.12-0.26-0.120.12-0.31-0.24
0.98-0.340.440.990.730.94-0.650.78-0.44-0.48-0.57-0.2-0.170.830.95-0.170.090.70.890.98-0.36-0.930.980.66-0.18
0.68-0.610.50.671.00.65-0.360.62-0.25-0.58-0.88-0.19-0.090.670.66-0.4-0.070.70.780.6-0.49-0.850.60.90.0
0.86-0.520.290.860.810.81-0.670.68-0.32-0.53-0.65-0.1-0.030.680.82-0.58-0.280.890.780.84-0.46-0.870.840.830.0
0.99-0.270.350.990.630.96-0.620.76-0.47-0.38-0.42-0.19-0.210.820.96-0.080.120.980.60.84-0.26-0.891.00.56-0.23
-0.340.21-0.17-0.32-0.5-0.340.36-0.29-0.250.840.36-0.23-0.33-0.19-0.370.23-0.26-0.36-0.49-0.46-0.260.46-0.26-0.44-0.34
-0.940.52-0.6-0.93-0.86-0.930.53-0.760.320.550.710.120.25-0.87-0.930.18-0.12-0.93-0.85-0.87-0.890.46-0.89-0.710.07
0.99-0.270.350.990.630.96-0.620.76-0.47-0.38-0.42-0.19-0.210.820.96-0.080.120.980.60.841.0-0.26-0.890.56-0.23
0.6-0.520.20.60.920.56-0.340.52-0.25-0.54-0.75-0.150.020.430.59-0.63-0.310.660.90.830.56-0.44-0.710.560.08
-0.19-0.01-0.17-0.20.0-0.20.11-0.240.91-0.060.00.92-0.13-0.26-0.17-0.29-0.24-0.180.00.0-0.23-0.340.07-0.230.08
Click cells to compare fundamentals

Manhattan Bridge Account Relationship Matchups

Manhattan Bridge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.4M59.8M67.2M76.3M76.4M80.3M
Other Current Liab(21.2M)(20.8M)(22.1M)(669.1K)1.2M1.3M
Total Current Liabilities21.2M20.8M21.5M31.0M1.6M1.5M
Total Stockholder Equity31.9M32.0M43.4M42.9M42.9M45.1M
Net Debt20.7M26.2M21.5M30.9M31.1M32.7M
Retained Earnings(590.8K)(403.8K)(1.3M)(1.9M)(1.6M)(1.5M)
Accounts Payable151.8K168.9K154.2K289.9K295.3K154.7K
Cash118.4K131.7K142.5K103.5K104.2K99.0K
Non Current Assets Total87.8K369.7K317.1K262.2K298.6K283.7K
Non Currrent Assets Other(87.8K)(59.8M)(67.2M)(76.3M)91.2K95.8K
Cash And Short Term Investments118.4K131.7K142.5K103.5K1.7M2.5M
Net Receivables676.0K827.2K955.4K1.4M1.4M1.6M
Common Stock Shares Outstanding9.7M9.6M10.5M11.5M11.5M5.9M
Liabilities And Stockholders Equity54.4M59.8M67.2M76.3M76.4M80.3M
Total Liab22.5M27.9M23.8M33.4M33.5M35.2M
Total Current Assets794.4K958.9K1.1M1.5M6.1M5.8M
Other Current Assets(794.4K)1.2M955.4K(1.5M)3.0M4.9M
Other Stockholder Equity32.5M32.4M44.7M46.6M44.5M46.7M
Other Assets53.6M58.5M65.8M74.6M70.1M73.6M
Common Stock Total Equity8.3K9.9K9.9K11.8K13.5K14.2K
Treasury Stock(541.5K)(590.2K)(619.7K)(798.9K)(719.0K)(683.1K)
Common Stock8.3K9.9K9.9K11.8K13.5K14.2K
Property Plant Equipment87.8K369.7K317.1K262.2K236K247.8K
Non Current Liabilities Total91.0K6.0M324.2K31.0M31.1M32.7M
Short Long Term Debt Total26.3M26.3M21.6M36.5M31.2M17.3M
Current Deferred Revenue322.1K367.6K580.5K669.1K719.0K755.0K
Long Term Debt5.5M5.6M5.7M5.8M5.8M3.3M
Short Term Debt20.8M20.3M21.3M30.7M61.5K58.4K
Net Tangible Assets31.9M32.0M43.4M42.9M49.3M26.0M
Retained Earnings Total Equity(448.8K)(590.8K)(403.8K)(1.9M)(1.7M)(1.6M)
Long Term Debt Total5.5M5.5M5.6M5.8M6.6M5.3M
Capital Surpluse33.1M33.1M33.2M45.5M52.4M55.0M
Deferred Long Term Liab22.6K22.8K10.5K7.7K6.9K6.6K

Pair Trading with Manhattan Bridge

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manhattan Bridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manhattan Bridge will appreciate offsetting losses from the drop in the long position's value.

Moving together with Manhattan Stock

  0.66AC Associated CapitalPairCorr

Moving against Manhattan Stock

  0.56RC Ready Capital CorpPairCorr
  0.49PT Pintec TechnologyPairCorr
  0.35RM Regional Management CorpPairCorr
The ability to find closely correlated positions to Manhattan Bridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manhattan Bridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manhattan Bridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manhattan Bridge Capital to buy it.
The correlation of Manhattan Bridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manhattan Bridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manhattan Bridge Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manhattan Bridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Manhattan Bridge Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manhattan Bridge'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 Manhattan Bridge Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manhattan Bridge Capital Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Bridge Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Mortgage Real Estate Investment Trusts (REITs) 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 Manhattan Bridge. If investors know Manhattan 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 Manhattan Bridge 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)
Dividend Share
0.458
Earnings Share
0.49
Revenue Per Share
0.646
Quarterly Revenue Growth
(0.02)
The market value of Manhattan Bridge Capital is measured differently than its book value, which is the value of Manhattan that is recorded on the company's balance sheet. Investors also form their own opinion of Manhattan Bridge's value that differs from its market value or its book value, called intrinsic value, which is Manhattan Bridge'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 Manhattan Bridge's market value can be influenced by many factors that don't directly affect Manhattan Bridge'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 Manhattan Bridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manhattan Bridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manhattan Bridge'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.