Mercantile Common Stock Shares Outstanding vs Total Assets Analysis

MRC Stock   236.50  1.50  0.64%   
Mercantile Investment financial indicator trend analysis is infinitely more than just investigating The Mercantile Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Mercantile Investment is a good investment. Please check the relationship between Mercantile Investment Common Stock Shares Outstanding and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Mercantile Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Mercantile Investment Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Mercantile Investment's Common Stock Shares Outstanding and Total Assets is -0.83. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of The Mercantile Investment, assuming nothing else is changed. The correlation between historical values of Mercantile Investment's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of The Mercantile Investment 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 Common Stock Shares Outstanding i.e., Mercantile Investment's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Mercantile Investment 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 The Mercantile Investment 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 Mercantile Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The Mercantile Investment 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 The Mercantile Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 8.5 M, whereas Tax Provision is forecasted to decline to about 133.9 K.

Mercantile Investment fundamental ratios Correlations

-0.83-0.790.8-0.820.82-0.830.850.78-0.040.25-0.46-0.02-0.470.890.89-0.56-0.24-0.22-0.22-0.510.450.010.18-0.64-0.3
-0.830.57-0.580.99-0.60.98-0.95-0.530.03-0.370.520.10.56-0.65-0.650.580.50.230.230.55-0.44-0.32-0.060.690.17
-0.790.57-1.00.6-0.990.54-0.53-0.97-0.14-0.240.070.18-0.07-0.89-0.880.160.310.420.420.12-0.23-0.14-0.160.20.03
0.8-0.58-1.0-0.621.0-0.560.540.960.160.25-0.08-0.160.060.890.88-0.17-0.29-0.4-0.4-0.130.280.130.18-0.21-0.03
-0.820.990.6-0.62-0.630.97-0.93-0.540.05-0.370.380.130.48-0.65-0.640.490.50.260.260.42-0.45-0.32-0.120.610.1
0.82-0.6-0.991.0-0.63-0.580.570.960.170.25-0.13-0.120.010.90.89-0.22-0.31-0.36-0.36-0.180.290.130.14-0.26-0.05
-0.830.980.54-0.560.97-0.58-0.97-0.490.02-0.350.55-0.080.62-0.63-0.630.670.490.050.050.58-0.5-0.270.00.720.18
0.85-0.95-0.530.54-0.930.57-0.970.48-0.140.23-0.540.1-0.690.690.69-0.74-0.41-0.04-0.04-0.590.510.22-0.03-0.74-0.3
0.78-0.53-0.970.96-0.540.96-0.490.480.20.2-0.17-0.210.040.870.87-0.15-0.33-0.45-0.45-0.20.070.180.06-0.25-0.08
-0.040.03-0.140.160.050.170.02-0.140.20.39-0.070.040.23-0.17-0.180.21-0.32-0.01-0.01-0.08-0.140.39-0.030.190.64
0.25-0.37-0.240.25-0.370.25-0.350.230.20.39-0.14-0.130.040.01-0.01-0.04-0.63-0.16-0.16-0.120.080.050.060.10.63
-0.460.520.07-0.080.38-0.130.55-0.54-0.17-0.07-0.14-0.160.69-0.31-0.310.750.22-0.1-0.10.99-0.13-0.130.330.770.48
-0.020.10.18-0.160.13-0.12-0.080.1-0.210.04-0.13-0.16-0.35-0.11-0.1-0.530.070.970.97-0.180.35-0.29-0.31-0.16-0.11
-0.470.56-0.070.060.480.010.62-0.690.040.230.040.69-0.35-0.26-0.270.80.07-0.33-0.330.72-0.380.110.280.880.53
0.89-0.65-0.890.89-0.650.9-0.630.690.87-0.170.01-0.31-0.11-0.261.0-0.44-0.11-0.33-0.33-0.360.340.00.11-0.5-0.44
0.89-0.65-0.880.88-0.640.89-0.630.690.87-0.18-0.01-0.31-0.1-0.271.0-0.44-0.11-0.33-0.33-0.360.34-0.010.1-0.5-0.45
-0.560.580.16-0.170.49-0.220.67-0.74-0.150.21-0.040.75-0.530.8-0.44-0.440.19-0.44-0.440.79-0.520.090.290.730.52
-0.240.50.31-0.290.5-0.310.49-0.41-0.33-0.32-0.630.220.070.07-0.11-0.110.190.140.140.220.21-0.510.510.12-0.39
-0.220.230.42-0.40.26-0.360.05-0.04-0.45-0.01-0.16-0.10.97-0.33-0.33-0.33-0.440.141.0-0.110.3-0.3-0.3-0.08-0.07
-0.220.230.42-0.40.26-0.360.05-0.04-0.45-0.01-0.16-0.10.97-0.33-0.33-0.33-0.440.141.0-0.110.3-0.3-0.3-0.08-0.07
-0.510.550.12-0.130.42-0.180.58-0.59-0.2-0.08-0.120.99-0.180.72-0.36-0.360.790.22-0.11-0.11-0.19-0.130.320.80.5
0.45-0.44-0.230.28-0.450.29-0.50.510.07-0.140.08-0.130.35-0.380.340.34-0.520.210.30.3-0.19-0.340.45-0.34-0.16
0.01-0.32-0.140.13-0.320.13-0.270.220.180.390.05-0.13-0.290.110.0-0.010.09-0.51-0.3-0.3-0.13-0.34-0.20.00.26
0.18-0.06-0.160.18-0.120.140.0-0.030.06-0.030.060.33-0.310.280.110.10.290.51-0.3-0.30.320.45-0.20.250.18
-0.640.690.2-0.210.61-0.260.72-0.74-0.250.190.10.77-0.160.88-0.5-0.50.730.12-0.08-0.080.8-0.340.00.250.67
-0.30.170.03-0.030.1-0.050.18-0.3-0.080.640.630.48-0.110.53-0.44-0.450.52-0.39-0.07-0.070.5-0.160.260.180.67
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Mercantile Investment Account Relationship Matchups

Mercantile Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding838.1M800.3M792.0M791.5M788.8M809.5M
Total Assets2.4B2.3B2.5B2.2B2.2B2.0B
Other Current Liab(5.9M)(21.1M)(9.1M)(9.6M)(19.2M)(20.2M)
Total Current Liabilities5.9M21.1M9.1M9.6M19.2M25.4M
Total Stockholder Equity2.2B2.0B2.2B1.9B1.9B1.7B
Accounts Payable5.9M21.1M9.1M9.6M19.2M27.3M
Non Current Assets Total2.3B2.2B2.5B2.0B2.1B1.8B
Non Currrent Assets Other(2.3B)(2.2B)(2.5B)(2.0B)(2.1B)(2.2B)
Net Receivables4.6M14.1M4.3M2.7M7.6M11.2M
Liabilities And Stockholders Equity2.4B2.3B2.5B2.2B2.2B2.0B
Non Current Liabilities Total177.9M258.0M9.1M9.6M327.9M344.3M
Total Liab183.7M279.0M336.8M337.4M347.2M241.7M
Total Current Assets77.0M37.5M69.9M160.3M97.1M99.0M
Other Assets185K2.4B2.3B2.5B2.9B3.1B
Net Debt105.5M234.6M262.1M170.2M238.4M250.3M
Retained Earnings2.1B1.9B2.1B1.8B76.2M72.4M
Cash72.3M23.3M65.7M157.6M89.5M92.5M
Cash And Short Term Investments72.3M23.3M65.7M157.6M89.5M92.5M
Short Long Term Debt Total177.9M258.0M327.7M327.8M327.9M244.0M
Other Current Assets(190.8M)198K902.0K1.7M997.0K0.0
Accumulated Other Comprehensive Income1.9B1.6B13.2M13.2M11.8M11.3M
Net Tangible Assets1.8B2.2B2.0B2.2B2.5B2.1B
Long Term Investments2.3B2.2B2.5B2.0B2.1B2.2B
Net Invested Capital2.4B2.2B2.5B2.2B2.2B2.5B

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Other Information on Investing in Mercantile Stock

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