0JW2 Stock | | | 221.16 0.81 0.37% |
MT Bank financial indicator trend analysis is infinitely more than just investigating MT Bank Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MT Bank Corp is a good investment. Please check the relationship between MT Bank Capital Expenditures and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in MT Bank Corp. 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 more information on how to buy 0JW2 Stock please use our
How to Invest in MT Bank guide.
Capital Expenditures vs Net Income
Capital Expenditures vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MT Bank Corp Capital Expenditures account and
Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MT Bank's Capital Expenditures and Net Income is 0.82. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of MT Bank Corp, assuming nothing else is changed. The correlation between historical values of MT Bank's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of MT Bank Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., MT Bank's Capital Expenditures and Net Income go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Expenditures
Capital Expenditures are funds used by MT Bank Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of MT Bank operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MT Bank Corp financial statement analysis. It represents the amount of money remaining after all of MT Bank Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from MT Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MT Bank Corp 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in MT Bank Corp. 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 more information on how to buy 0JW2 Stock please use our
How to Invest in MT Bank guide.
Selling General Administrative is likely to gain to about 892.5
M in 2024.
Tax Provision is likely to gain to about 511.7
M in 2024
MT Bank fundamental ratios Correlations
Click cells to compare fundamentals
MT Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MT Bank fundamental ratios Accounts
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Additional Tools for 0JW2 Stock Analysis
When running MT Bank's price analysis, check to
measure MT Bank'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 MT Bank is operating at the current time. Most of MT Bank's value examination focuses on studying past and present price action to
predict the probability of MT Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MT Bank's price. Additionally, you may evaluate how the addition of MT Bank to your portfolios can decrease your overall portfolio volatility.