MarketAxess Cash And Short Term Investments vs Non Currrent Assets Other Analysis

MKTX Stock  USD 258.69  3.02  1.15%   
MarketAxess Holdings financial indicator trend analysis is infinitely more than just investigating MarketAxess Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MarketAxess Holdings is a good investment. Please check the relationship between MarketAxess Holdings Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MarketAxess Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MarketAxess Holdings Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MarketAxess Holdings' Cash And Short Term Investments and Non Currrent Assets Other is -0.25. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of MarketAxess Holdings, assuming nothing else is changed. The correlation between historical values of MarketAxess Holdings' Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of MarketAxess Holdings are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., MarketAxess Holdings' Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of MarketAxess Holdings balance sheet. This account contains MarketAxess Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MarketAxess Holdings 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from MarketAxess Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MarketAxess Holdings 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 MarketAxess Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.Enterprise Value is likely to rise to about 19.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 54.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit528.0M536.2M482.9M507.1M
Total Revenue699.0M718.3M752.5M790.2M

MarketAxess Holdings fundamental ratios Correlations

0.990.320.940.990.88-0.390.860.940.43-0.24-0.380.980.940.980.950.430.220.610.930.76-0.90.610.950.930.75
0.990.450.940.990.92-0.330.80.940.55-0.14-0.40.930.90.940.920.550.210.60.870.7-0.920.640.960.890.67
0.320.450.30.330.380.30.120.470.970.450.00.190.20.290.240.970.060.170.160.1-0.490.40.420.22-0.05
0.940.940.30.950.91-0.250.710.880.4-0.32-0.590.890.830.880.940.40.260.720.80.58-0.870.660.940.890.56
0.990.990.330.950.92-0.380.820.920.44-0.21-0.430.960.90.950.920.440.260.640.90.74-0.910.610.950.920.69
0.880.920.380.910.92-0.320.630.750.480.0-0.640.790.80.760.780.480.130.520.670.57-0.760.510.830.730.56
-0.39-0.330.3-0.25-0.38-0.32-0.44-0.250.240.33-0.14-0.43-0.4-0.38-0.350.240.06-0.15-0.39-0.290.33-0.31-0.32-0.4-0.49
0.860.80.120.710.820.63-0.440.780.23-0.2-0.140.90.910.890.780.23-0.050.330.90.93-0.670.330.710.790.86
0.940.940.470.880.920.75-0.250.780.55-0.23-0.220.920.860.960.930.550.220.610.880.65-0.950.70.970.90.65
0.430.550.970.40.440.480.240.230.550.43-0.070.30.320.390.321.00.060.210.260.2-0.570.430.50.310.06
-0.24-0.140.45-0.32-0.210.00.33-0.2-0.230.43-0.04-0.34-0.12-0.32-0.420.43-0.45-0.64-0.38-0.030.29-0.36-0.33-0.52-0.06
-0.38-0.40.0-0.59-0.43-0.64-0.14-0.14-0.22-0.07-0.04-0.31-0.36-0.23-0.39-0.07-0.04-0.29-0.17-0.170.18-0.12-0.33-0.23-0.18
0.980.930.190.890.960.79-0.430.90.920.3-0.34-0.310.950.990.950.30.230.580.970.81-0.850.550.90.930.81
0.940.90.20.830.90.8-0.40.910.860.32-0.12-0.360.950.930.870.32-0.050.320.90.83-0.740.380.810.780.92
0.980.940.290.880.950.76-0.380.890.960.39-0.32-0.230.990.930.950.390.240.60.970.79-0.90.610.930.940.77
0.950.920.240.940.920.78-0.350.780.930.32-0.42-0.390.950.870.950.320.290.70.90.65-0.880.710.940.940.67
0.430.550.970.40.440.480.240.230.551.00.43-0.070.30.320.390.320.050.210.260.2-0.570.430.510.310.06
0.220.210.060.260.260.130.06-0.050.220.06-0.45-0.040.23-0.050.240.290.050.770.320.05-0.370.490.330.45-0.25
0.610.60.170.720.640.52-0.150.330.610.21-0.64-0.290.580.320.60.70.210.770.580.24-0.740.780.750.820.01
0.930.870.160.80.90.67-0.390.90.880.26-0.38-0.170.970.90.970.90.260.320.580.86-0.810.510.840.930.78
0.760.70.10.580.740.57-0.290.930.650.2-0.03-0.170.810.830.790.650.20.050.240.86-0.510.170.560.670.83
-0.9-0.92-0.49-0.87-0.91-0.760.33-0.67-0.95-0.570.290.18-0.85-0.74-0.9-0.88-0.57-0.37-0.74-0.81-0.51-0.81-0.98-0.92-0.47
0.610.640.40.660.610.51-0.310.330.70.43-0.36-0.120.550.380.610.710.430.490.780.510.17-0.810.780.720.1
0.950.960.420.940.950.83-0.320.710.970.5-0.33-0.330.90.810.930.940.510.330.750.840.56-0.980.780.940.54
0.930.890.220.890.920.73-0.40.790.90.31-0.52-0.230.930.780.940.940.310.450.820.930.67-0.920.720.940.56
0.750.67-0.050.560.690.56-0.490.860.650.06-0.06-0.180.810.920.770.670.06-0.250.010.780.83-0.470.10.540.56
Click cells to compare fundamentals

MarketAxess Holdings Account Relationship Matchups

MarketAxess Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets954.9M1.3B1.5B1.6B2.0B2.1B
Total Stockholder Equity770.1M955.1M1.0B1.1B1.3B1.4B
Common Stock Shares Outstanding38.0M38.1M38.1M37.6M37.7M37.2M
Liabilities And Stockholders Equity954.9M1.3B1.5B1.6B2.0B2.1B
Property Plant And Equipment Net153.2M161.1M167.0M166.4M165.7M174.0M
Retained Earnings591.1M799.4M957.0M1.1B1.2B1.3B
Non Current Assets Total592.0M432.3M474.3M503.0M582.5M611.7M
Non Currrent Assets Other112.2M(331K)27.1M68.3M(2.9M)(2.8M)
Other Assets501K548.3M1K695.8M1.1B1.1B
Cash And Short Term Investments270.1M460.9M506.7M430.7M551.0M578.5M
Short Term Investments86.4M18.3M11.2M34.0M71.0M57.3M
Other Stockholder Equity(401.9M)160.2M97.6M17.1M73.0M130.2M
Total Liab184.8M376.4M489.1M526.7M722.1M758.2M
Property Plant And Equipment Gross153.2M161.1M167.0M166.4M413.1M433.8M
Total Current Assets362.9M899.1M1.1B1.1B1.4B1.5B
Intangible Assets61.0M95.4M116.4M98.1M119.1M125.1M
Other Current Liab(33.9M)(44.4M)223.1M239.3M(32.3M)(30.7M)
Total Current Liabilities86.8M282.8M400.7M444.0M87.6M85.2M
Other Liab3.5M137.6M229.3M316.3M363.7M381.9M
Current Deferred Revenue3.5M4.2M(88.4M)457.7M526.4M552.7M
Net Debt(172.1M)(367.2M)(418.3M)(348.1M)(371.6M)(353.0M)
Accounts Payable19.3M44.4M48.7M37.2M32.3M20.4M
Cash270.1M460.9M506.7M430.7M451.3M473.8M
Net Receivables62.0M359.5M403.7M465.9M374.2M392.9M
Non Current Liabilities Total98.0M93.6M88.4M82.7M634.5M666.3M
Other Current Assets(336.2M)50.1M118.7M139.9M507.4M532.8M
Accumulated Other Comprehensive Income(10.3M)(4.7M)(13.3M)(37.7M)(24.4M)(23.2M)
Property Plant Equipment71.8M85.2M167.0M100.3M115.3M121.1M
Treasury Stock(153.4M)(169.5M)(232.7M)(328.3M)(295.5M)(280.7M)
Net Tangible Assets562.2M712.3M770.1M828.2M952.5M513.1M
Retained Earnings Total Equity591.1M799.4M957.0M1.1B1.3B1.3B
Capital Surpluse342.5M329.7M330.3M345.5M397.3M358.5M
Inventory(86.4M)(19.2M)(24.9M)(88.9M)(99.7M)(94.7M)
Long Term Investments230.5M28.1M36.1M83.8M63.9M95.4M
Net Invested Capital770.1M955.1M1.0B1.1B1.3B984.2M

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