Myndai, Current Deferred Revenue vs Retained Earnings Analysis

MYND Stock  USD 2.15  0.50  18.87%   
Myndai, financial indicator trend analysis is infinitely more than just investigating Myndai, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Myndai, is a good investment. Please check the relationship between Myndai, Current Deferred Revenue and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myndai,. 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.
For information on how to trade Myndai, Stock refer to our How to Trade Myndai, Stock guide.

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Myndai, Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Myndai,'s Current Deferred Revenue and Retained Earnings is 0.77. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Myndai,, assuming nothing else is changed. The correlation between historical values of Myndai,'s Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Myndai, are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Myndai,'s Current Deferred Revenue and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Myndai,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Myndai, 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 Myndai,. 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.
For information on how to trade Myndai, Stock refer to our How to Trade Myndai, Stock guide.At present, Myndai,'s Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 (projected)
Cost Of Revenue440.8M310.4M325.9M
Research Development41.5M34.6M36.3M

Myndai, fundamental ratios Correlations

0.90.990.980.80.92-0.780.731.00.720.670.940.990.77-0.040.66-0.710.760.780.920.83-0.58-0.58-0.23-0.78-0.75
0.90.880.860.60.77-0.740.940.90.550.530.760.930.7-0.050.6-0.540.590.750.790.63-0.45-0.45-0.55-0.82-0.85
0.990.880.990.870.86-0.760.740.980.780.640.910.970.74-0.050.63-0.770.830.760.950.89-0.56-0.56-0.27-0.84-0.81
0.980.860.990.880.88-0.740.690.960.80.670.910.950.76-0.060.65-0.790.860.740.970.9-0.59-0.59-0.22-0.83-0.79
0.80.60.870.880.69-0.560.460.780.940.670.710.730.57-0.030.47-0.940.980.510.950.96-0.61-0.61-0.07-0.83-0.75
0.920.770.860.880.69-0.690.560.930.690.830.870.90.73-0.040.61-0.680.690.630.850.73-0.75-0.750.06-0.64-0.57
-0.78-0.74-0.76-0.74-0.56-0.69-0.62-0.78-0.47-0.44-0.74-0.8-0.36-0.26-0.20.45-0.52-0.52-0.67-0.550.360.360.260.580.58
0.730.940.740.690.460.56-0.620.740.440.410.530.780.59-0.030.51-0.450.470.650.650.48-0.34-0.34-0.73-0.82-0.89
1.00.90.980.960.780.93-0.780.740.70.680.930.990.76-0.040.64-0.690.740.770.910.81-0.59-0.59-0.22-0.77-0.74
0.720.550.780.80.940.69-0.470.440.70.820.570.630.48-0.080.39-0.970.970.350.920.88-0.76-0.760.01-0.85-0.75
0.670.530.640.670.670.83-0.440.410.680.820.510.590.50.020.39-0.830.760.270.780.65-0.95-0.950.22-0.68-0.58
0.940.760.910.910.710.87-0.740.530.930.570.510.930.71-0.040.61-0.560.640.770.80.77-0.38-0.38-0.04-0.56-0.53
0.990.930.970.950.730.9-0.80.780.990.630.590.930.76-0.040.66-0.620.680.810.870.77-0.51-0.51-0.3-0.75-0.73
0.770.70.740.760.570.73-0.360.590.760.480.50.710.76-0.140.95-0.550.550.80.690.68-0.45-0.45-0.19-0.59-0.57
-0.04-0.05-0.05-0.06-0.03-0.04-0.26-0.03-0.04-0.080.02-0.04-0.04-0.14-0.330.01-0.02-0.04-0.03-0.010.00.00.020.020.02
0.660.60.630.650.470.61-0.20.510.640.390.390.610.660.95-0.33-0.450.450.70.580.57-0.34-0.34-0.19-0.49-0.48
-0.71-0.54-0.77-0.79-0.94-0.680.45-0.45-0.69-0.97-0.83-0.56-0.62-0.550.01-0.45-0.98-0.38-0.92-0.90.760.76-0.020.860.77
0.760.590.830.860.980.69-0.520.470.740.970.760.640.680.55-0.020.45-0.980.440.950.94-0.7-0.7-0.05-0.87-0.78
0.780.750.760.740.510.63-0.520.650.770.350.270.770.810.8-0.040.7-0.380.440.620.69-0.2-0.2-0.37-0.53-0.55
0.920.790.950.970.950.85-0.670.650.910.920.780.80.870.69-0.030.58-0.920.950.620.94-0.71-0.71-0.15-0.9-0.83
0.830.630.890.90.960.73-0.550.480.810.880.650.770.770.68-0.010.57-0.90.940.690.94-0.58-0.58-0.08-0.8-0.72
-0.58-0.45-0.56-0.59-0.61-0.750.36-0.34-0.59-0.76-0.95-0.38-0.51-0.450.0-0.340.76-0.7-0.2-0.71-0.581.0-0.160.610.49
-0.58-0.45-0.56-0.59-0.61-0.750.36-0.34-0.59-0.76-0.95-0.38-0.51-0.450.0-0.340.76-0.7-0.2-0.71-0.581.0-0.160.610.49
-0.23-0.55-0.27-0.22-0.070.060.26-0.73-0.220.010.22-0.04-0.3-0.190.02-0.19-0.02-0.05-0.37-0.15-0.08-0.16-0.160.450.57
-0.78-0.82-0.84-0.83-0.83-0.640.58-0.82-0.77-0.85-0.68-0.56-0.75-0.590.02-0.490.86-0.87-0.53-0.9-0.80.610.610.450.98
-0.75-0.85-0.81-0.79-0.75-0.570.58-0.89-0.74-0.75-0.58-0.53-0.73-0.570.02-0.480.77-0.78-0.55-0.83-0.720.490.490.570.98
Click cells to compare fundamentals

Myndai, Account Relationship Matchups

Myndai, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets336.1M302.5M283.1M368.8M404.4M424.6M
Other Current Liab56.6M35.8M102.9M59.2M65.5M68.8M
Total Current Liabilities125.9M128.4M122.4M206.6M178.6M187.5M
Total Stockholder Equity98.5M62.1M67.7M137.0M123.7M129.9M
Accounts Payable14.9M18.6M1.5M85.4M59.6M62.6M
Cash68.7M53.5M33.3M29.3M91.8M96.4M
Other Current Assets6.4M8.9M41.5M18.4M17.4M18.3M
Total Liab219.4M224.8M203.9M231.8M278.8M292.8M
Common Stock7.4K29.0K29K426K456K478.8K
Good Will52.7M46.1M19.2M42.0M46.9M32.8M
Retained Earnings(33.6M)(71.8M)(65.6M)(316.0M)(353.9M)(336.2M)
Net Receivables8.0M2.0M1.3M74.9M63.9M67.1M
Total Current Assets91.6M70.1M82.3M227.9M226.2M237.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Myndai, is a strong investment it is important to analyze Myndai,'s 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 Myndai,'s future performance. For an informed investment choice regarding Myndai, Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myndai,. 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.
For information on how to trade Myndai, Stock refer to our How to Trade Myndai, Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Technology 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 Myndai,. If investors know Myndai, 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 Myndai, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
8.06
Quarterly Revenue Growth
(0.25)
Return On Assets
(0.07)
Return On Equity
(1.36)
The market value of Myndai, is measured differently than its book value, which is the value of Myndai, that is recorded on the company's balance sheet. Investors also form their own opinion of Myndai,'s value that differs from its market value or its book value, called intrinsic value, which is Myndai,'s 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 Myndai,'s market value can be influenced by many factors that don't directly affect Myndai,'s 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 Myndai,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Myndai, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myndai,'s 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.