300195 Stock | | | 6.16 0.57 8.47% |
Masterwork Machinery financial indicator trend analysis is infinitely more than just investigating Masterwork Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masterwork Machinery is a good investment. Please check the relationship between Masterwork Machinery Non Current Assets Total and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Masterwork Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masterwork Machinery Non Current Assets Total account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Masterwork Machinery's Non Current Assets Total and Property Plant Equipment is 0.92. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Masterwork Machinery, assuming nothing else is changed. The correlation between historical values of Masterwork Machinery's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Masterwork Machinery are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Masterwork Machinery's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Property Plant Equipment
Most indicators from Masterwork Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masterwork Machinery 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 Masterwork Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 155
M. The current year's
Tax Provision is expected to grow to about 12.6
MMasterwork Machinery fundamental ratios Correlations
Click cells to compare fundamentals
Masterwork Machinery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Masterwork Machinery fundamental ratios Accounts
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Other Information on Investing in Masterwork Stock
Balance Sheet is a snapshot of the
financial position of Masterwork Machinery at a specified time, usually calculated after every quarter, six months, or one year. Masterwork Machinery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Masterwork Machinery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Masterwork currently owns. An asset can also be divided into two categories, current and non-current.