MoneyMe Total Stockholder Equity vs Total Current Assets Analysis

MME Stock   0.16  0.01  5.88%   
MoneyMe financial indicator trend analysis is infinitely more than just investigating MoneyMe recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MoneyMe is a good investment. Please check the relationship between MoneyMe Total Stockholder Equity and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MoneyMe. 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.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MoneyMe Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between MoneyMe's Total Stockholder Equity and Total Current Assets is 0.69. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of MoneyMe, assuming nothing else is changed. The correlation between historical values of MoneyMe's Total Stockholder Equity and Total Current 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 Total Stockholder Equity of MoneyMe are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., MoneyMe's Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from MoneyMe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MoneyMe 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 MoneyMe. 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.
Tax Provision is likely to gain to about (9.8 M) in 2024. Selling General Administrative is likely to drop to about 21.7 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit138.5M221.6M207.1M217.5M
Total Revenue143.1M238.9M71.5M86.6M

MoneyMe fundamental ratios Correlations

0.940.920.030.930.60.680.841.0-0.90.570.90.690.580.990.90.640.841.0-0.31.00.660.840.760.920.96
0.940.970.050.820.640.530.860.95-0.950.620.940.490.370.920.940.440.670.95-0.390.950.690.90.790.821.0
0.920.97-0.050.760.650.520.880.92-0.950.640.910.40.270.890.910.360.620.92-0.580.930.610.910.680.820.97
0.030.05-0.050.120.36-0.040.180.0-0.050.370.26-0.01-0.02-0.020.260.02-0.020.00.050.020.730.010.57-0.020.01
0.930.820.760.120.630.880.850.91-0.720.590.860.810.730.940.860.790.940.91-0.210.910.690.660.810.970.83
0.60.640.650.360.630.560.790.58-0.531.00.750.330.270.570.750.370.520.57-0.540.590.720.480.750.650.62
0.680.530.52-0.040.880.560.730.64-0.380.520.630.760.720.710.630.780.890.64-0.260.650.440.340.590.90.55
0.840.860.880.180.850.790.730.82-0.80.780.960.40.30.810.960.40.670.81-0.630.830.780.790.830.880.85
1.00.950.920.00.910.580.640.82-0.920.550.890.670.560.990.890.620.811.0-0.31.00.640.850.730.910.96
-0.9-0.95-0.95-0.05-0.72-0.53-0.38-0.8-0.92-0.52-0.89-0.32-0.19-0.86-0.89-0.26-0.52-0.910.44-0.92-0.65-0.98-0.68-0.72-0.95
0.570.620.640.370.591.00.520.780.55-0.520.740.270.20.540.740.310.470.54-0.570.560.720.480.730.620.6
0.90.940.910.260.860.750.630.960.89-0.890.740.440.330.861.00.420.660.88-0.470.90.850.870.90.850.93
0.690.490.4-0.010.810.330.760.40.67-0.320.270.440.990.750.440.990.950.670.230.660.330.20.50.760.52
0.580.370.27-0.020.730.270.720.30.56-0.190.20.330.990.650.330.990.90.560.310.550.250.070.420.680.4
0.990.920.89-0.020.940.570.710.810.99-0.860.540.860.750.650.860.710.880.99-0.250.990.610.790.720.940.93
0.90.940.910.260.860.750.630.960.89-0.890.741.00.440.330.860.420.660.88-0.470.90.850.870.90.850.93
0.640.440.360.020.790.370.780.40.62-0.260.310.420.990.990.710.420.940.620.180.620.330.130.490.760.47
0.840.670.62-0.020.940.520.890.670.81-0.520.470.660.950.90.880.660.940.81-0.070.810.480.420.640.930.69
1.00.950.920.00.910.570.640.811.0-0.910.540.880.670.560.990.880.620.81-0.291.00.630.850.730.90.96
-0.3-0.39-0.580.05-0.21-0.54-0.26-0.63-0.30.44-0.57-0.470.230.31-0.25-0.470.18-0.07-0.29-0.31-0.29-0.45-0.23-0.37-0.38
1.00.950.930.020.910.590.650.831.0-0.920.560.90.660.550.990.90.620.811.0-0.310.650.860.740.910.96
0.660.690.610.730.690.720.440.780.64-0.650.720.850.330.250.610.850.330.480.63-0.290.650.620.950.60.66
0.840.90.910.010.660.480.340.790.85-0.980.480.870.20.070.790.870.130.420.85-0.450.860.620.630.660.9
0.760.790.680.570.810.750.590.830.73-0.680.730.90.50.420.720.90.490.640.73-0.230.740.950.630.720.77
0.920.820.82-0.020.970.650.90.880.91-0.720.620.850.760.680.940.850.760.930.9-0.370.910.60.660.720.84
0.961.00.970.010.830.620.550.850.96-0.950.60.930.520.40.930.930.470.690.96-0.380.960.660.90.770.84
Click cells to compare fundamentals

MoneyMe Account Relationship Matchups

MoneyMe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets166.6M346.0M1.5B1.3B1.4B1.4B
Short Long Term Debt Total115.9M301.9M1.4B1.1B1.2B592.9M
Other Current Liab2.2M3.9M9.2M7.0M6.0M4.0M
Total Current Liabilities2.9M4.5M10.3M7.0M6.0M11.4M
Total Stockholder Equity46.9M40.2M91.3M166.1M189.9M199.4M
Net Tangible Assets44.7M37.0M(8.3M)69.8M80.3M84.3M
Property Plant And Equipment Net3.0M2.8M3.9M6.0M4.1M3.0M
Net Debt79.9M275.1M1.3B1.0B1.1B1.2B
Retained Earnings2.0M(5.9M)(56.3M)(44.0M)(21.3M)(22.4M)
Cash35.4M26.2M80.7M91.7M73.6M49.2M
Non Current Assets Total5.2M6.1M103.4M102.3M1.3B1.4B
Non Currrent Assets Other(5.2M)(6.1M)(77.2M)(74.6M)1.2B1.2B
Other Assets126.0M313.7M1.3B1.1B1.4B1.4B
Cash And Short Term Investments35.4M26.2M80.7M91.7M73.6M49.2M
Net Receivables80.3M182.5M32.3M40.8M1.2B1.2B
Common Stock Shares Outstanding154.3M169.4M190.8M321.4M795.1M834.8M
Liabilities And Stockholders Equity166.6M346.0M1.5B1.3B1.4B1.4B
Non Current Liabilities Total38.8M299.7M1.4B1.1B1.2B1.2B
Other Current Assets(115.7M)(208.7M)(112.9M)(132.6M)2.6M2.7M
Total Liab119.7M305.7M1.4B1.1B1.2B1.2B
Total Current Assets35.4M26.2M80.7M91.7M73.6M60.4M
Intangible Assets2.2M3.3M99.6M96.3M28.8M31.8M
Property Plant Equipment3.0M2.8M3.9M6.0M6.9M7.3M
Long Term Debt113.1M299.7M1.4B1.1B1.2B656.7M
Long Term Debt Total81.6M115.2M301.3M1.4B1.6B1.6B
Other Stockholder Equity(166.9M)1.04.5M159.4M183.3M192.5M
Accumulated Other Comprehensive Income759K2.1M4.5M6.7M7.8M8.1M
Short Term Debt699K578K1.0M1.0M1.1M1.1M
Capital Lease Obligations2.1M1.6M2.7M3.1M2.2M2.6M
Inventory115.7M208.7M(10.5M)327.0M376.1M394.9M
Net Invested Capital160.0M340.0M1.4B1.3B1.4B863.4M
Property Plant And Equipment Gross3.0M3.2M3.9M9.0M7.1M5.2M
Net Working Capital29.8M203.3M1.3B1.2B1.2B734.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for MoneyMe Stock Analysis

When running MoneyMe's price analysis, check to measure MoneyMe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MoneyMe is operating at the current time. Most of MoneyMe's value examination focuses on studying past and present price action to predict the probability of MoneyMe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoneyMe's price. Additionally, you may evaluate how the addition of MoneyMe to your portfolios can decrease your overall portfolio volatility.