MarketAxess Long Term Investments vs Accounts Payable 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 Long Term Investments and its Accounts Payable 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.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MarketAxess Holdings Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MarketAxess Holdings' Long Term Investments and Accounts Payable is -0.14. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable 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' Long Term Investments 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 Long Term Investments of MarketAxess Holdings 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 Long Term Investments i.e., MarketAxess Holdings' Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of MarketAxess Holdings balance sheet that represents investments MarketAxess Holdings intends to hold for over a year. MarketAxess Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents MarketAxess Holdings 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 MarketAxess Holdings 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 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
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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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