Multi Intangible Assets vs Total Assets Analysis

MCX Stock   6,674  29.95  0.45%   
Multi Commodity financial indicator trend analysis is infinitely more than just investigating Multi Commodity Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Multi Commodity Exchange is a good investment. Please check the relationship between Multi Commodity Intangible Assets and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Commodity Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Multi Commodity Exchange Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Multi Commodity's Intangible Assets and Total Assets is 0.37. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Multi Commodity Exchange, assuming nothing else is changed. The correlation between historical values of Multi Commodity's Intangible 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 Intangible Assets of Multi Commodity Exchange 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 Intangible Assets i.e., Multi Commodity's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Multi Commodity 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 Multi Commodity Exchange 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 Multi Commodity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Multi Commodity Exchange 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 Multi Commodity Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 144 M. The current year's Tax Provision is expected to grow to about 268.9 M
 2021 2022 2023 2024 (projected)
Interest Expense2.4M2.1M2.7M2.1M
Depreciation And Amortization2.3B3.8B359.3M341.3M

Multi Commodity fundamental ratios Correlations

0.720.740.70.72-0.470.750.450.61-0.090.5-0.60.480.33-0.160.830.580.810.30.590.090.370.270.570.80.69
0.721.00.070.43-0.730.170.690.43-0.130.44-0.160.130.0-0.290.850.470.460.110.56-0.130.450.410.540.440.46
0.741.00.10.46-0.730.210.690.45-0.150.44-0.190.140.01-0.30.850.470.490.130.6-0.130.460.390.550.470.47
0.70.070.10.630.050.99-0.030.43-0.010.32-0.830.430.530.030.310.390.770.480.220.290.12-0.020.260.620.48
0.720.430.460.63-0.440.650.440.76-0.54-0.11-0.410.10.6-0.250.420.070.620.630.62-0.40.660.280.740.850.53
-0.47-0.73-0.730.05-0.440.0-0.99-0.70.3-0.120.140.270.090.19-0.48-0.11-0.44-0.01-0.570.53-0.84-0.23-0.45-0.47-0.32
0.750.170.210.990.650.00.020.45-0.080.36-0.840.460.5-0.030.40.420.790.520.30.290.120.00.290.640.51
0.450.690.69-0.030.44-0.990.020.72-0.350.11-0.17-0.28-0.11-0.210.450.10.440.010.58-0.540.840.170.410.470.3
0.610.430.450.430.76-0.70.450.72-0.44-0.19-0.310.030.37-0.280.42-0.150.510.490.56-0.610.790.150.60.860.7
-0.09-0.13-0.15-0.01-0.540.3-0.08-0.35-0.440.43-0.090.27-0.150.380.00.3-0.04-0.45-0.570.59-0.420.08-0.29-0.340.02
0.50.440.440.32-0.11-0.120.360.11-0.190.43-0.610.35-0.290.10.520.940.58-0.380.070.77-0.20.0-0.19-0.080.0
-0.6-0.16-0.19-0.83-0.410.14-0.84-0.17-0.31-0.09-0.61-0.26-0.23-0.08-0.31-0.61-0.85-0.19-0.13-0.45-0.190.03-0.03-0.33-0.22
0.480.130.140.430.10.270.46-0.280.030.270.35-0.260.340.00.630.480.11-0.02-0.010.47-0.410.320.110.320.55
0.330.00.010.530.60.090.5-0.110.37-0.15-0.29-0.230.340.040.19-0.050.150.68-0.04-0.180.260.480.590.540.58
-0.16-0.29-0.30.03-0.250.19-0.03-0.21-0.280.380.1-0.080.00.04-0.240.110.0-0.28-0.310.23-0.10.36-0.09-0.22-0.21
0.830.850.850.310.42-0.480.40.450.420.00.52-0.310.630.19-0.240.620.450.080.460.120.20.480.480.550.67
0.580.470.470.390.07-0.110.420.1-0.150.30.94-0.610.48-0.050.110.620.58-0.330.090.72-0.130.22-0.030.050.06
0.810.460.490.770.62-0.440.790.440.51-0.040.58-0.850.110.150.00.450.580.20.480.20.450.00.30.570.32
0.30.110.130.480.63-0.010.520.010.49-0.45-0.38-0.19-0.020.68-0.280.08-0.330.20.22-0.360.290.080.550.510.51
0.590.560.60.220.62-0.570.30.580.56-0.570.07-0.13-0.01-0.04-0.310.460.090.480.22-0.380.43-0.040.420.570.27
0.09-0.13-0.130.29-0.40.530.29-0.54-0.610.590.77-0.450.47-0.180.230.120.720.2-0.36-0.38-0.69-0.12-0.48-0.39-0.22
0.370.450.460.120.66-0.840.120.840.79-0.42-0.2-0.19-0.410.26-0.10.2-0.130.450.290.43-0.690.30.620.580.32
0.270.410.39-0.020.28-0.230.00.170.150.080.00.030.320.480.360.480.220.00.08-0.04-0.120.30.640.220.38
0.570.540.550.260.74-0.450.290.410.6-0.29-0.19-0.030.110.59-0.090.48-0.030.30.550.42-0.480.620.640.70.66
0.80.440.470.620.85-0.470.640.470.86-0.34-0.08-0.330.320.54-0.220.550.050.570.510.57-0.390.580.220.70.8
0.690.460.470.480.53-0.320.510.30.70.020.0-0.220.550.58-0.210.670.060.320.510.27-0.220.320.380.660.8
Click cells to compare fundamentals

Multi Commodity Account Relationship Matchups

Multi Commodity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.3B25.0B28.0B18.6B34.1B20.6B
Other Current Liab8.7B5.2B7.5B1.7B11.2B5.8B
Total Current Liabilities9.1B5.6B7.9B2.1B11.8B6.1B
Total Stockholder Equity13.6B14.2B14.2B16.0B13.8B12.0B
Property Plant And Equipment Net1.4B1.4B1.8B1.8B1.9B1.6B
Net Debt(4.0B)(282.6M)(1.4B)11.4M(9.6B)(9.2B)
Retained Earnings9.6B10.2B10.3B10.9B9.9B8.0B
Cash4.1B297.9M1.4B4.1M9.7B10.1B
Non Current Assets Total12.3B13.7B9.8B14.8B19.6B20.6B
Non Currrent Assets Other13.2B10.7B100K2.9B986.3M937.0M
Cash And Short Term Investments14.2B10.2B11.3B2.3B12.8B9.9B
Common Stock Shares Outstanding50.9M50.9M50.9M50.9M51.0M44.5M
Liabilities And Stockholders Equity27.3B25.0B28.0B18.6B34.1B20.6B
Non Current Liabilities Total4.6B5.3B5.9B539.3M655.9M623.1M
Other Current Assets3.4B3.9B6.9B8.2B1.6B2.3B
Total Liab13.8B10.8B13.8B2.6B12.5B8.1B
Total Current Assets15.0B11.3B18.2B3.7B14.5B11.6B
Accumulated Other Comprehensive Income(508.6M)1.3B1.2B1.2B1.2B1.3B
Net Receivables698.6M788.9M698.1M1.1B679.1M559.0M
Accounts Payable361.6M265.6M371.9M281.5M682.7M341.5M
Short Term Investments10.1B9.9B10.0B2.3B3.1B3.0B
Intangible Assets380.4M435.9M704.5M1.3B2.0B2.1B
Inventory(342.5M)277.9M6.0B(575.1M)(511.5M)(537.1M)
Other Liab414.2M530.4M567.4M653.2M751.2M466.3M
Net Tangible Assets15.5B17.3B18.4B18.7B21.5B17.3B
Other Assets3.3B3.7B2.1B1.9B2.2B1.5B
Property Plant Equipment1.4B1.4B1.4B1.8B2.1B1.5B
Current Deferred Revenue7.9B4.3B6.5B900.3M10.3B5.2B
Short Term Debt7.2M7M4M4.2M7.5M7.1M
Non Current Liabilities Other4.1B100K300K(200K)(180K)(171K)
Net Invested Capital13.6B14.2B14.2B16.0B13.8B15.4B
Net Working Capital5.9B5.7B10.3B1.7B2.7B4.7B

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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.

Other Information on Investing in Multi Stock

Balance Sheet is a snapshot of the financial position of Multi Commodity Exchange at a specified time, usually calculated after every quarter, six months, or one year. Multi Commodity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Multi Commodity 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 Multi currently owns. An asset can also be divided into two categories, current and non-current.