0RUK Stock | | | 2,922 270.00 10.18% |
MOL Hungarian financial indicator trend analysis is infinitely more than just investigating MOL Hungarian Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MOL Hungarian Oil is a good investment. Please check the relationship between MOL Hungarian Other Operating Expenses and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in MOL Hungarian Oil. 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.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MOL Hungarian Oil Other Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between MOL Hungarian's Other Operating Expenses and Total Revenue is 0.34. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of MOL Hungarian Oil, assuming nothing else is changed. The correlation between historical values of MOL Hungarian's Other Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of MOL Hungarian Oil are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., MOL Hungarian's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MOL Hungarian Oil. It is also known as MOL Hungarian overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Revenue
Total revenue comprises all receipts MOL Hungarian Oil 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.
Most indicators from MOL Hungarian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MOL Hungarian Oil 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 MOL Hungarian Oil. 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 drop to about 9.5
B in 2024.
Selling General Administrative is likely to drop to about 340.6
B in 2024
MOL Hungarian fundamental ratios Correlations
Click cells to compare fundamentals
MOL Hungarian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MOL Hungarian fundamental ratios Accounts
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Additional Tools for MOL Stock Analysis
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measure MOL Hungarian'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 MOL Hungarian is operating at the current time. Most of MOL Hungarian's value examination focuses on studying past and present price action to
predict the probability of MOL Hungarian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MOL Hungarian's price. Additionally, you may evaluate how the addition of MOL Hungarian to your portfolios can decrease your overall portfolio volatility.