Multi Short Term Investments vs Cash And Short Term Investments Analysis

MWG Stock   0.27  0.01  3.85%   
Multi Ways financial indicator trend analysis is infinitely more than just investigating Multi Ways Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Multi Ways Holdings is a good investment. Please check the relationship between Multi Ways Short Term Investments and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Ways 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 housing.

Short Term Investments vs Cash And Short Term Investments

Short Term Investments vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Multi Ways Holdings Short Term Investments account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Multi Ways' Short Term Investments and Cash And Short Term Investments is 0.94. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Multi Ways Holdings, assuming nothing else is changed. The correlation between historical values of Multi Ways' Short Term Investments and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Multi Ways Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Investments i.e., Multi Ways' Short Term Investments and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of Multi Ways balance sheet. It contains any investments Multi Ways Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Multi Ways Holdings can easily liquidate in the marketplace.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Multi Ways Holdings balance sheet. This account contains Multi Ways investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Multi Ways 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.
Most indicators from Multi Ways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Multi Ways 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 Multi Ways 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 housing.
The Multi Ways' current Issuance Of Capital Stock is estimated to increase to about 14.2 M, while Selling General Administrative is projected to decrease to roughly 8.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense716K748K1.1M1.0M
Depreciation And Amortization1.2M1.2M1.8M1.7M

Multi Ways fundamental ratios Correlations

0.990.340.830.930.750.79-0.010.910.98-0.010.890.860.890.090.270.95-0.160.90.950.530.31-0.01-0.01-0.110.9
0.990.410.810.950.720.78-0.080.91.0-0.080.870.830.870.020.310.97-0.090.860.970.590.39-0.08-0.08-0.130.89
0.340.410.190.480.120.130.050.080.40.050.280.28-0.040.140.130.41-0.10.310.440.610.990.050.05-0.170.03
0.830.810.190.610.980.95-0.20.940.81-0.20.920.980.87-0.12-0.280.810.050.970.80.490.2-0.2-0.2-0.050.8
0.930.950.480.610.490.55-0.040.740.94-0.040.770.640.730.080.540.92-0.130.710.920.610.46-0.04-0.04-0.220.82
0.750.720.120.980.490.96-0.120.890.72-0.120.820.960.84-0.07-0.40.7-0.010.920.680.340.12-0.12-0.120.070.71
0.790.780.130.950.550.96-0.160.930.78-0.160.80.930.88-0.11-0.270.750.020.90.740.360.13-0.16-0.160.090.74
-0.01-0.080.05-0.2-0.04-0.12-0.16-0.23-0.171.0-0.34-0.04-0.150.990.07-0.28-0.95-0.06-0.28-0.62-0.11.01.00.5-0.26
0.910.90.080.940.740.890.93-0.230.91-0.230.910.90.98-0.160.010.880.060.910.870.460.09-0.23-0.23-0.060.94
0.981.00.40.810.940.720.78-0.170.91-0.170.890.820.88-0.070.30.98-0.010.860.980.630.4-0.17-0.17-0.170.9
-0.01-0.080.05-0.2-0.04-0.12-0.161.0-0.23-0.17-0.34-0.04-0.150.990.07-0.28-0.95-0.06-0.28-0.62-0.11.01.00.5-0.26
0.890.870.280.920.770.820.8-0.340.910.89-0.340.890.84-0.23-0.010.940.170.930.920.720.3-0.34-0.34-0.290.89
0.860.830.280.980.640.960.93-0.040.90.82-0.040.890.830.05-0.260.81-0.110.990.80.450.26-0.04-0.040.010.76
0.890.87-0.040.870.730.840.88-0.150.980.88-0.150.840.83-0.10.10.83-0.010.840.810.32-0.04-0.15-0.15-0.010.95
0.090.020.14-0.120.08-0.07-0.110.99-0.16-0.070.99-0.230.05-0.10.11-0.17-0.950.04-0.17-0.5-0.010.990.990.44-0.19
0.270.310.13-0.280.54-0.4-0.270.070.010.30.07-0.01-0.260.10.110.28-0.12-0.160.290.140.110.070.07-0.210.27
0.950.970.410.810.920.70.75-0.280.880.98-0.280.940.810.83-0.170.280.10.861.00.740.42-0.28-0.28-0.290.9
-0.16-0.09-0.10.05-0.13-0.010.02-0.950.06-0.01-0.950.17-0.11-0.01-0.95-0.120.1-0.10.10.460.05-0.95-0.95-0.370.09
0.90.860.310.970.710.920.9-0.060.910.86-0.060.930.990.840.04-0.160.86-0.10.850.520.28-0.06-0.06-0.060.81
0.950.970.440.80.920.680.74-0.280.870.98-0.280.920.80.81-0.170.291.00.10.850.750.45-0.28-0.28-0.280.87
0.530.590.610.490.610.340.36-0.620.460.63-0.620.720.450.32-0.50.140.740.460.520.750.68-0.62-0.62-0.590.48
0.310.390.990.20.460.120.13-0.10.090.4-0.10.30.26-0.04-0.010.110.420.050.280.450.68-0.1-0.1-0.240.04
-0.01-0.080.05-0.2-0.04-0.12-0.161.0-0.23-0.171.0-0.34-0.04-0.150.990.07-0.28-0.95-0.06-0.28-0.62-0.11.00.5-0.26
-0.01-0.080.05-0.2-0.04-0.12-0.161.0-0.23-0.171.0-0.34-0.04-0.150.990.07-0.28-0.95-0.06-0.28-0.62-0.11.00.5-0.26
-0.11-0.13-0.17-0.05-0.220.070.090.5-0.06-0.170.5-0.290.01-0.010.44-0.21-0.29-0.37-0.06-0.28-0.59-0.240.50.5-0.2
0.90.890.030.80.820.710.74-0.260.940.9-0.260.890.760.95-0.190.270.90.090.810.870.480.04-0.26-0.26-0.2
Click cells to compare fundamentals

Multi Ways Account Relationship Matchups

Multi Ways fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets76.9B52.0M54.6M52.8M58.0M55.1M
Total Stockholder Equity81.5B15.7M5.4M6.3M21.8M20.7M
Net Debt(67.7B)20.9M16.4M16.6M5.7M5.4M
Retained Earnings70.6B10.3M257K1.2M3.0M2.9M
Cash67.7B325K1.5M1.0M7.1M6.7M
Cash And Short Term Investments67.7B325K1.5M1.3M9.3M8.8M
Liabilities And Stockholders Equity76.9B52.0M54.6M52.8M58.0M55.1M
Other Stockholder Equity20.9B18.3B13.7B5.4M18.9M18.0M
Total Liab812.7B36.3M49.3M46.5M36.2M34.4M
Total Current Assets67.7B40.4M45.1M44.1M52.4M49.8M
Non Current Assets Total9.3B11.6M9.5M8.7M5.6M5.3M
Common Stock Shares Outstanding1.7B1.7B99.2M30.8M29.3M27.8M
Accumulated Other Comprehensive Income(2.3B)(2.8B)(345K)(419K)(150.0K)(157.5K)

Currently Active Assets on Macroaxis

When determining whether Multi Ways Holdings is a strong investment it is important to analyze Multi Ways' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Multi Ways' future performance. For an informed investment choice regarding Multi Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Ways 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 housing.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Multi Ways. If investors know Multi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Multi Ways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Earnings Share
0.06
Revenue Per Share
1.23
Quarterly Revenue Growth
0.185
Return On Assets
(0.03)
The market value of Multi Ways Holdings is measured differently than its book value, which is the value of Multi that is recorded on the company's balance sheet. Investors also form their own opinion of Multi Ways' value that differs from its market value or its book value, called intrinsic value, which is Multi Ways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Multi Ways' market value can be influenced by many factors that don't directly affect Multi Ways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Multi Ways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi Ways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi Ways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.