Microlise Net Debt vs Cash And Short Term Investments Analysis

SAAS Stock

101.50 1.00 0.98%

Microlise Group financial indicator trend analysis is infinitely more than just investigating Microlise Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microlise Group PLC is a good investment. Please check the relationship between Microlise Group Net Debt and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Microlise Group PLC. 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.

Net Debt vs Cash And Short Term Investments

Net Debt 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 Microlise Group PLC Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Microlise Group's Net Debt and Cash And Short Term Investments is -0.53. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Microlise Group PLC, assuming nothing else is changed. The correlation between historical values of Microlise Group's Net Debt 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 Net Debt of Microlise Group PLC 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 Net Debt i.e., Microlise Group's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Microlise Group PLC balance sheet. This account contains Microlise Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Microlise Group PLC 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 Microlise Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microlise Group PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Microlise Group PLC. 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 977.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 25 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	555.3K	312K	333K	285.8K
Depreciation And Amortization	3.7M	4.8M	5.5M	5.8M

Interest Expense Depreciation And Amortization

Microlise Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Debt	Cash	Cash And Short Term Investments	Other Liab	Net Tangible Assets	Net Receivables	Other Current Assets	Property Plant Equipment	Short Long Term Debt Total
Total Assets		-0.2	0.94	0.93	0.95	0.69	0.36	0.99	-0.49	0.98	0.79	0.91	0.79	0.64	0.97	0.76	-0.96	0.03	0.86	0.76	0.94	-0.86	-0.81	0.64	0.86	-0.58
Other Current Liab	-0.2		-0.27	-0.2	-0.09	-0.58	-0.89	-0.19	0.08	-0.21	-0.12	-0.16	-0.38	-0.85	-0.2	-0.17	0.09	-0.01	-0.18	-0.18	-0.19	0.19	0.1	-0.29	0.02	0.12
Total Current Liabilities	0.94	-0.27		0.87	0.89	0.74	0.48	0.88	-0.49	0.88	0.78	0.78	0.84	0.66	0.93	0.88	-0.83	-0.11	0.91	0.82	0.87	-0.74	-0.68	0.55	0.76	-0.57
Total Stockholder Equity	0.93	-0.2	0.87		0.86	0.82	0.28	0.92	-0.68	0.92	0.9	0.82	0.73	0.68	0.87	0.68	-0.9	-0.17	0.83	0.88	0.98	-0.75	-0.9	0.46	0.93	-0.78
Property Plant And Equipment Net	0.95	-0.09	0.89	0.86		0.6	0.3	0.91	-0.44	0.9	0.69	0.84	0.68	0.51	0.95	0.81	-0.9	0.02	0.82	0.73	0.86	-0.8	-0.78	0.6	0.81	-0.51
Retained Earnings	0.69	-0.58	0.74	0.82	0.6		0.5	0.65	-0.8	0.67	0.79	0.46	0.61	0.83	0.59	0.66	-0.54	-0.49	0.8	0.87	0.77	-0.39	-0.68	0.14	0.63	-0.85
Accounts Payable	0.36	-0.89	0.48	0.28	0.3	0.5		0.33	0.11	0.34	0.14	0.38	0.59	0.83	0.45	0.37	-0.28	0.25	0.25	0.22	0.28	-0.44	-0.14	0.58	0.09	0.04
Non Current Assets Total	0.99	-0.19	0.88	0.92	0.91	0.65	0.33		-0.44	1.0	0.77	0.95	0.78	0.65	0.95	0.63	-0.98	0.12	0.78	0.68	0.94	-0.9	-0.83	0.68	0.87	-0.55
Non Currrent Assets Other	-0.49	0.08	-0.49	-0.68	-0.44	-0.8	0.11	-0.44		-0.47	-0.75	-0.17	-0.23	-0.36	-0.31	-0.52	0.34	0.8	-0.74	-0.81	-0.62	0.05	0.6	0.32	-0.56	0.98
Good Will	0.98	-0.21	0.88	0.92	0.9	0.67	0.34	1.0	-0.47		0.79	0.94	0.79	0.67	0.93	0.62	-0.97	0.1	0.79	0.69	0.95	-0.88	-0.83	0.66	0.87	-0.57
Common Stock Shares Outstanding	0.79	-0.12	0.78	0.9	0.69	0.79	0.14	0.77	-0.75	0.79		0.64	0.69	0.56	0.71	0.62	-0.73	-0.37	0.84	0.89	0.89	-0.57	-0.65	0.24	0.78	-0.82
Non Current Liabilities Total	0.91	-0.16	0.78	0.82	0.84	0.46	0.38	0.95	-0.17	0.94	0.64		0.78	0.6	0.93	0.48	-0.98	0.4	0.58	0.51	0.85	-0.99	-0.74	0.86	0.8	-0.31
Inventory	0.79	-0.38	0.84	0.73	0.68	0.61	0.59	0.78	-0.23	0.79	0.69	0.78		0.72	0.82	0.58	-0.76	0.17	0.62	0.59	0.78	-0.79	-0.5	0.68	0.64	-0.35
Other Stockholder Equity	0.64	-0.85	0.66	0.68	0.51	0.83	0.83	0.65	-0.36	0.67	0.56	0.6	0.72		0.62	0.44	-0.57	0.0	0.54	0.56	0.67	-0.59	-0.55	0.52	0.49	-0.45
Total Liab	0.97	-0.2	0.93	0.87	0.95	0.59	0.45	0.95	-0.31	0.93	0.71	0.93	0.82	0.62		0.76	-0.95	0.18	0.78	0.69	0.88	-0.92	-0.73	0.76	0.8	-0.41
Total Current Assets	0.76	-0.17	0.88	0.68	0.81	0.66	0.37	0.63	-0.52	0.62	0.62	0.48	0.58	0.44	0.76		-0.57	-0.35	0.9	0.81	0.65	-0.45	-0.5	0.26	0.56	-0.54
Common Stock	-0.96	0.09	-0.83	-0.9	-0.9	-0.54	-0.28	-0.98	0.34	-0.97	-0.73	-0.98	-0.76	-0.57	-0.95	-0.57		-0.23	-0.69	-0.63	-0.92	0.94	0.83	-0.74	-0.89	0.47
Net Debt	0.03	-0.01	-0.11	-0.17	0.02	-0.49	0.25	0.12	0.8	0.1	-0.37	0.4	0.17	0.0	0.18	-0.35	-0.23		-0.45	-0.53	-0.1	-0.5	0.08	0.75	-0.04	0.71
Cash	0.86	-0.18	0.91	0.83	0.82	0.8	0.25	0.78	-0.74	0.79	0.84	0.58	0.62	0.54	0.78	0.9	-0.69	-0.45		0.9	0.82	-0.5	-0.64	0.22	0.7	-0.77
Cash And Short Term Investments	0.76	-0.18	0.82	0.88	0.73	0.87	0.22	0.68	-0.81	0.69	0.89	0.51	0.59	0.56	0.69	0.81	-0.63	-0.53	0.9		0.84	-0.44	-0.71	0.13	0.78	-0.87
Other Liab	0.94	-0.19	0.87	0.98	0.86	0.77	0.28	0.94	-0.62	0.95	0.89	0.85	0.78	0.67	0.88	0.65	-0.92	-0.1	0.82	0.84		-0.79	-0.86	0.51	0.95	-0.73
Net Tangible Assets	-0.86	0.19	-0.74	-0.75	-0.8	-0.39	-0.44	-0.9	0.05	-0.88	-0.57	-0.99	-0.79	-0.59	-0.92	-0.45	0.94	-0.5	-0.5	-0.44	-0.79		0.66	-0.92	-0.74	0.19
Net Receivables	-0.81	0.1	-0.68	-0.9	-0.78	-0.68	-0.14	-0.83	0.6	-0.83	-0.65	-0.74	-0.5	-0.55	-0.73	-0.5	0.83	0.08	-0.64	-0.71	-0.86	0.66		-0.4	-0.91	0.7
Other Current Assets	0.64	-0.29	0.55	0.46	0.6	0.14	0.58	0.68	0.32	0.66	0.24	0.86	0.68	0.52	0.76	0.26	-0.74	0.75	0.22	0.13	0.51	-0.92	-0.4		0.46	0.18
Property Plant Equipment	0.86	0.02	0.76	0.93	0.81	0.63	0.09	0.87	-0.56	0.87	0.78	0.8	0.64	0.49	0.8	0.56	-0.89	-0.04	0.7	0.78	0.95	-0.74	-0.91	0.46		-0.68
Short Long Term Debt Total	-0.58	0.12	-0.57	-0.78	-0.51	-0.85	0.04	-0.55	0.98	-0.57	-0.82	-0.31	-0.35	-0.45	-0.41	-0.54	0.47	0.71	-0.77	-0.87	-0.73	0.19	0.7	0.18	-0.68

Click cells to compare fundamentals

Microlise Group Account Relationship Matchups

Microlise Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	122.3M	123.3M	121.3M	126.1M	131.2M	77.2M
Other Current Liab	17.8M	(30.9M)	2.3M	1.1M	1.0M	962.7K
Total Current Liabilities	28.6M	32.0M	26.5M	30.0M	33.5M	22.9M
Total Stockholder Equity	56.1M	57.2M	71.5M	73.5M	75.7M	79.5M
Property Plant And Equipment Net	8.6M	7.9M	8.6M	8.3M	8.9M	5.7M
Retained Earnings	848K	57.1M	53.8M	55.7M	57.9M	60.8M
Accounts Payable	3.0M	29.1M	4.1M	4.6M	6.4M	6.6M
Non Current Assets Total	92.5M	89.2M	89.1M	88.8M	89.6M	48.0M
Non Currrent Assets Other	3.5M	4.4M	(52.8M)	(51.8M)	(46.6M)	(44.3M)
Good Will	1.5M	49.2M	52.3M	52.8M	54.3M	27.7M
Common Stock Shares Outstanding	81.1K	115.9M	51.1M	106.3M	116.1M	121.7M
Non Current Liabilities Total	37.6M	34.1M	23.3M	22.5M	22.0M	16.1M
Inventory	3.6M	3.9M	2.9M	2.6M	3.3M	2.9M
Other Stockholder Equity	556K	(892K)	55.2M	17.6M	20.3M	21.3M
Total Liab	66.2M	66.1M	49.8M	52.5M	55.5M	41.0M
Total Current Assets	29.8M	34.1M	32.2M	37.4M	41.6M	29.2M
Net Debt	8.9M	9.2M	(11.5M)	(14.9M)	(13.4M)	(12.8M)
Cash	10.1M	9.7M	13.2M	16.7M	16.8M	9.1M
Cash And Short Term Investments	10.1M	9.7M	13.2M	16.7M	19.2M	20.1M
Other Liab	21.9M	21.0M	22.3M	21.7M	25.0M	22.2M
Net Tangible Assets	(21.1M)	(18.9M)	(4.4M)	(1.6M)	(1.4M)	(1.5M)
Net Receivables	22.0M	18.8M	13.8M	15.8M	14.8M	13.8M
Other Current Assets	16.1M	20.5M	2.3M	2.3M	2.1M	2.0M
Property Plant Equipment	8.6M	7.9M	8.6M	8.3M	9.5M	9.1M
Other Assets	4.8M	808K	2.7M	4.1M	3.7M	3.0M
Liabilities And Stockholders Equity	122.3M	123.3M	121.3M	126.1M	145.1M	133.2M
Intangible Assets	24.8M	23.8M	76.0M	75.0M	21.9M	20.8M

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Microlise Stock Analysis

When running Microlise Group's price analysis, check to measure Microlise Group'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 Microlise Group is operating at the current time. Most of Microlise Group's value examination focuses on studying past and present price action to predict the probability of Microlise Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microlise Group's price. Additionally, you may evaluate how the addition of Microlise Group to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Microlise Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Microlise Group fundamental ratios Correlations

Microlise Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microlise Group fundamental ratios Accounts

Also Currently Popular

Additional Tools for Microlise Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 1.0	Non Current Assets Total
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Stockholder Equity
Short Long Term Debt Total	+ 0.98	Non Currrent Assets Other
Total Liab	+ 0.97	Total Assets

Net Tangible Assets	- 0.99	Non Current Liabilities Total
Common Stock	- 0.98	Non Current Liabilities Total
Common Stock	- 0.98	Non Current Assets Total
Common Stock	- 0.97	Good Will
Common Stock	- 0.96	Total Assets
Common Stock	- 0.95	Total Liab