Multi Net Tangible Assets vs Retained Earnings 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 Net Tangible Assets and its Retained Earnings 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.

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Multi Commodity Exchange Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Multi Commodity's Net Tangible Assets and Retained Earnings is 0.64. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings 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 Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Multi Commodity Exchange are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Multi Commodity's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	2.4M	2.1M	2.7M	2.1M
Depreciation And Amortization	2.3B	3.8B	359.3M	341.3M

Interest Expense Depreciation And Amortization

Multi Commodity fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Accounts Payable	Short Term Investments	Intangible Assets	Inventory	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.72	0.74	0.7	0.72	-0.47	0.75	0.45	0.61	-0.09	0.5	-0.6	0.48	0.33	-0.16	0.83	0.58	0.81	0.3	0.59	0.09	0.37	0.27	0.57	0.8	0.69
Other Current Liab	0.72		1.0	0.07	0.43	-0.73	0.17	0.69	0.43	-0.13	0.44	-0.16	0.13	0.0	-0.29	0.85	0.47	0.46	0.11	0.56	-0.13	0.45	0.41	0.54	0.44	0.46
Total Current Liabilities	0.74	1.0		0.1	0.46	-0.73	0.21	0.69	0.45	-0.15	0.44	-0.19	0.14	0.01	-0.3	0.85	0.47	0.49	0.13	0.6	-0.13	0.46	0.39	0.55	0.47	0.47
Total Stockholder Equity	0.7	0.07	0.1		0.63	0.05	0.99	-0.03	0.43	-0.01	0.32	-0.83	0.43	0.53	0.03	0.31	0.39	0.77	0.48	0.22	0.29	0.12	-0.02	0.26	0.62	0.48
Property Plant And Equipment Net	0.72	0.43	0.46	0.63		-0.44	0.65	0.44	0.76	-0.54	-0.11	-0.41	0.1	0.6	-0.25	0.42	0.07	0.62	0.63	0.62	-0.4	0.66	0.28	0.74	0.85	0.53
Net Debt	-0.47	-0.73	-0.73	0.05	-0.44		0.0	-0.99	-0.7	0.3	-0.12	0.14	0.27	0.09	0.19	-0.48	-0.11	-0.44	-0.01	-0.57	0.53	-0.84	-0.23	-0.45	-0.47	-0.32
Retained Earnings	0.75	0.17	0.21	0.99	0.65	0.0		0.02	0.45	-0.08	0.36	-0.84	0.46	0.5	-0.03	0.4	0.42	0.79	0.52	0.3	0.29	0.12	0.0	0.29	0.64	0.51
Cash	0.45	0.69	0.69	-0.03	0.44	-0.99	0.02		0.72	-0.35	0.11	-0.17	-0.28	-0.11	-0.21	0.45	0.1	0.44	0.01	0.58	-0.54	0.84	0.17	0.41	0.47	0.3
Non Current Assets Total	0.61	0.43	0.45	0.43	0.76	-0.7	0.45	0.72		-0.44	-0.19	-0.31	0.03	0.37	-0.28	0.42	-0.15	0.51	0.49	0.56	-0.61	0.79	0.15	0.6	0.86	0.7
Non Currrent Assets Other	-0.09	-0.13	-0.15	-0.01	-0.54	0.3	-0.08	-0.35	-0.44		0.43	-0.09	0.27	-0.15	0.38	0.0	0.3	-0.04	-0.45	-0.57	0.59	-0.42	0.08	-0.29	-0.34	0.02
Cash And Short Term Investments	0.5	0.44	0.44	0.32	-0.11	-0.12	0.36	0.11	-0.19	0.43		-0.61	0.35	-0.29	0.1	0.52	0.94	0.58	-0.38	0.07	0.77	-0.2	0.0	-0.19	-0.08	0.0
Common Stock Shares Outstanding	-0.6	-0.16	-0.19	-0.83	-0.41	0.14	-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	-0.19	0.03	-0.03	-0.33	-0.22
Non Current Liabilities Total	0.48	0.13	0.14	0.43	0.1	0.27	0.46	-0.28	0.03	0.27	0.35	-0.26		0.34	0.0	0.63	0.48	0.11	-0.02	-0.01	0.47	-0.41	0.32	0.11	0.32	0.55
Other Current Assets	0.33	0.0	0.01	0.53	0.6	0.09	0.5	-0.11	0.37	-0.15	-0.29	-0.23	0.34		0.04	0.19	-0.05	0.15	0.68	-0.04	-0.18	0.26	0.48	0.59	0.54	0.58
Other Stockholder Equity	-0.16	-0.29	-0.3	0.03	-0.25	0.19	-0.03	-0.21	-0.28	0.38	0.1	-0.08	0.0	0.04		-0.24	0.11	0.0	-0.28	-0.31	0.23	-0.1	0.36	-0.09	-0.22	-0.21
Total Liab	0.83	0.85	0.85	0.31	0.42	-0.48	0.4	0.45	0.42	0.0	0.52	-0.31	0.63	0.19	-0.24		0.62	0.45	0.08	0.46	0.12	0.2	0.48	0.48	0.55	0.67
Total Current Assets	0.58	0.47	0.47	0.39	0.07	-0.11	0.42	0.1	-0.15	0.3	0.94	-0.61	0.48	-0.05	0.11	0.62		0.58	-0.33	0.09	0.72	-0.13	0.22	-0.03	0.05	0.06
Common Stock	0.81	0.46	0.49	0.77	0.62	-0.44	0.79	0.44	0.51	-0.04	0.58	-0.85	0.11	0.15	0.0	0.45	0.58		0.2	0.48	0.2	0.45	0.0	0.3	0.57	0.32
Net Receivables	0.3	0.11	0.13	0.48	0.63	-0.01	0.52	0.01	0.49	-0.45	-0.38	-0.19	-0.02	0.68	-0.28	0.08	-0.33	0.2		0.22	-0.36	0.29	0.08	0.55	0.51	0.51
Accounts Payable	0.59	0.56	0.6	0.22	0.62	-0.57	0.3	0.58	0.56	-0.57	0.07	-0.13	-0.01	-0.04	-0.31	0.46	0.09	0.48	0.22		-0.38	0.43	-0.04	0.42	0.57	0.27
Short Term Investments	0.09	-0.13	-0.13	0.29	-0.4	0.53	0.29	-0.54	-0.61	0.59	0.77	-0.45	0.47	-0.18	0.23	0.12	0.72	0.2	-0.36	-0.38		-0.69	-0.12	-0.48	-0.39	-0.22
Intangible Assets	0.37	0.45	0.46	0.12	0.66	-0.84	0.12	0.84	0.79	-0.42	-0.2	-0.19	-0.41	0.26	-0.1	0.2	-0.13	0.45	0.29	0.43	-0.69		0.3	0.62	0.58	0.32
Inventory	0.27	0.41	0.39	-0.02	0.28	-0.23	0.0	0.17	0.15	0.08	0.0	0.03	0.32	0.48	0.36	0.48	0.22	0.0	0.08	-0.04	-0.12	0.3		0.64	0.22	0.38
Other Liab	0.57	0.54	0.55	0.26	0.74	-0.45	0.29	0.41	0.6	-0.29	-0.19	-0.03	0.11	0.59	-0.09	0.48	-0.03	0.3	0.55	0.42	-0.48	0.62	0.64		0.7	0.66
Net Tangible Assets	0.8	0.44	0.47	0.62	0.85	-0.47	0.64	0.47	0.86	-0.34	-0.08	-0.33	0.32	0.54	-0.22	0.55	0.05	0.57	0.51	0.57	-0.39	0.58	0.22	0.7		0.8
Other Assets	0.69	0.46	0.47	0.48	0.53	-0.32	0.51	0.3	0.7	0.02	0.0	-0.22	0.55	0.58	-0.21	0.67	0.06	0.32	0.51	0.27	-0.22	0.32	0.38	0.66	0.8

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Multi Commodity Account Relationship Matchups

Multi Commodity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.3B	25.0B	28.0B	18.6B	34.1B	20.6B
Other Current Liab	8.7B	5.2B	7.5B	1.7B	11.2B	5.8B
Total Current Liabilities	9.1B	5.6B	7.9B	2.1B	11.8B	6.1B
Total Stockholder Equity	13.6B	14.2B	14.2B	16.0B	13.8B	12.0B
Property Plant And Equipment Net	1.4B	1.4B	1.8B	1.8B	1.9B	1.6B
Net Debt	(4.0B)	(282.6M)	(1.4B)	11.4M	(9.6B)	(9.2B)
Retained Earnings	9.6B	10.2B	10.3B	10.9B	9.9B	8.0B
Cash	4.1B	297.9M	1.4B	4.1M	9.7B	10.1B
Non Current Assets Total	12.3B	13.7B	9.8B	14.8B	19.6B	20.6B
Non Currrent Assets Other	13.2B	10.7B	100K	2.9B	986.3M	937.0M
Cash And Short Term Investments	14.2B	10.2B	11.3B	2.3B	12.8B	9.9B
Common Stock Shares Outstanding	50.9M	50.9M	50.9M	50.9M	51.0M	44.5M
Liabilities And Stockholders Equity	27.3B	25.0B	28.0B	18.6B	34.1B	20.6B
Non Current Liabilities Total	4.6B	5.3B	5.9B	539.3M	655.9M	623.1M
Other Current Assets	3.4B	3.9B	6.9B	8.2B	1.6B	2.3B
Total Liab	13.8B	10.8B	13.8B	2.6B	12.5B	8.1B
Total Current Assets	15.0B	11.3B	18.2B	3.7B	14.5B	11.6B
Accumulated Other Comprehensive Income	(508.6M)	1.3B	1.2B	1.2B	1.2B	1.3B
Net Receivables	698.6M	788.9M	698.1M	1.1B	679.1M	559.0M
Accounts Payable	361.6M	265.6M	371.9M	281.5M	682.7M	341.5M
Short Term Investments	10.1B	9.9B	10.0B	2.3B	3.1B	3.0B
Intangible Assets	380.4M	435.9M	704.5M	1.3B	2.0B	2.1B
Inventory	(342.5M)	277.9M	6.0B	(575.1M)	(511.5M)	(537.1M)
Other Liab	414.2M	530.4M	567.4M	653.2M	751.2M	466.3M
Net Tangible Assets	15.5B	17.3B	18.4B	18.7B	21.5B	17.3B
Other Assets	3.3B	3.7B	2.1B	1.9B	2.2B	1.5B
Property Plant Equipment	1.4B	1.4B	1.4B	1.8B	2.1B	1.5B
Current Deferred Revenue	7.9B	4.3B	6.5B	900.3M	10.3B	5.2B
Short Term Debt	7.2M	7M	4M	4.2M	7.5M	7.1M
Non Current Liabilities Other	4.1B	100K	300K	(200K)	(180K)	(171K)
Net Invested Capital	13.6B	14.2B	14.2B	16.0B	13.8B	15.4B
Net Working Capital	5.9B	5.7B	10.3B	1.7B	2.7B	4.7B

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C	Citigroup
GM	General Motors
F	Ford Motor

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.

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Multi Net Tangible Assets vs Retained Earnings Analysis

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Retained Earnings

Multi Commodity fundamental ratios Correlations

Multi Commodity Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Multi Commodity fundamental ratios Accounts

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Other Information on Investing in Multi Stock

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Total Current Liabilities	+ 1.0	Other Current Liab
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.94	Cash And Short Term Investments
Net Tangible Assets	+ 0.86	Non Current Assets Total
Total Liab	+ 0.85	Other Current Liab
Total Liab	+ 0.85	Total Current Liabilities

Cash	- 0.99	Net Debt
Common Stock	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.84	Retained Earnings
Intangible Assets	- 0.84	Net Debt
Common Stock Shares Outstanding	- 0.83	Total Stockholder Equity
Net Debt	- 0.73	Total Current Liabilities