| 0MHQ Stock | | | 23.85 0.90 3.64% |
Magnora ASA financial indicator trend analysis is infinitely more than just investigating Magnora ASA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magnora ASA is a good investment. Please check the relationship between Magnora ASA Total Revenue and its Total Cash From Operating Activities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Magnora ASA. 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.
Total Revenue vs Total Cash From Operating Activities
Total Revenue vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Magnora ASA Total Revenue account and
Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Magnora ASA's Total Revenue and Total Cash From Operating Activities is -0.74. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Magnora ASA, assuming nothing else is changed. The correlation between historical values of Magnora ASA's Total Revenue and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Magnora ASA are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Revenue i.e., Magnora ASA's Total Revenue and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.74 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Magnora ASA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Cash From Operating Activities
Most indicators from Magnora ASA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magnora ASA 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 Magnora ASA. 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 6.8
M in 2024.
Discontinued Operations is likely to gain to about 375.2
M in 2024
Magnora ASA fundamental ratios Correlations
Click cells to compare fundamentals
Magnora ASA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Magnora ASA fundamental ratios Accounts
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Additional Tools for Magnora Stock Analysis
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measure Magnora ASA'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 Magnora ASA is operating at the current time. Most of Magnora ASA's value examination focuses on studying past and present price action to
predict the probability of Magnora ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnora ASA's price. Additionally, you may evaluate how the addition of Magnora ASA to your portfolios can decrease your overall portfolio volatility.