Mango Capital Expenditures vs Depreciation Analysis

300413 Stock   28.82  0.18  0.63%   
Mango Excellent financial indicator trend analysis is infinitely more than just investigating Mango Excellent Media recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mango Excellent Media is a good investment. Please check the relationship between Mango Excellent Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mango Excellent Media. 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.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mango Excellent Media Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mango Excellent's Capital Expenditures and Depreciation is -0.22. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Mango Excellent Media, assuming nothing else is changed. The correlation between historical values of Mango Excellent's Capital Expenditures and Depreciation 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 Mango Excellent Media are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Mango Excellent's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Mango Excellent Media to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Mango Excellent operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Mango Excellent Media value has been used up. For tax purposes Mango Excellent can deduct the cost of the tangible assets it purchases as business expenses. However, Mango Excellent Media must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Mango Excellent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mango Excellent Media 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 Mango Excellent Media. 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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 2 B. The current year's Tax Provision is expected to grow to about (1.5 B)
 2021 2022 2023 2024 (projected)
Gross Profit5.5B4.6B4.8B3.6B
Total Revenue15.4B13.7B14.6B11.1B

Mango Excellent fundamental ratios Correlations

0.230.980.990.87-0.980.950.980.980.990.170.020.980.880.780.00.990.971.00.990.980.63-0.110.880.830.93
0.230.360.140.31-0.08-0.010.310.110.170.39-0.30.120.440.650.290.270.370.250.210.240.530.65-0.08-0.09-0.08
0.980.360.940.85-0.920.861.00.920.970.260.040.910.920.880.130.961.00.970.980.990.620.030.760.830.84
0.990.140.940.86-0.990.970.950.990.980.110.010.990.830.7-0.070.980.940.990.980.960.62-0.190.930.820.96
0.870.310.850.86-0.810.760.840.80.820.170.190.850.910.790.080.910.850.890.840.830.6-0.040.740.810.79
-0.98-0.08-0.92-0.99-0.81-0.99-0.93-1.0-0.98-0.10.06-0.98-0.77-0.660.08-0.95-0.91-0.97-0.97-0.94-0.570.21-0.93-0.82-0.95
0.95-0.010.860.970.76-0.990.880.990.960.0-0.060.970.70.56-0.160.920.860.930.930.890.54-0.310.960.780.97
0.980.311.00.950.84-0.930.880.930.980.250.040.920.910.860.120.961.00.980.990.990.590.00.780.840.85
0.980.110.920.990.8-1.00.990.930.980.12-0.080.990.770.65-0.090.950.910.970.960.940.61-0.20.930.780.95
0.990.170.970.980.82-0.980.960.980.980.13-0.010.960.830.760.010.960.960.980.990.980.55-0.110.870.840.92
0.170.390.260.110.17-0.10.00.250.120.13-0.230.110.350.310.550.180.270.190.180.260.510.54-0.090.03-0.05
0.02-0.30.040.010.190.06-0.060.04-0.08-0.01-0.230.00.210.05-0.020.070.040.040.050.05-0.25-0.34-0.020.390.12
0.980.120.910.990.85-0.980.970.920.990.960.110.00.810.65-0.140.980.910.980.960.930.66-0.240.950.790.97
0.880.440.920.830.91-0.770.70.910.770.830.350.210.810.890.150.90.920.890.880.880.690.030.640.810.74
0.780.650.880.70.79-0.660.560.860.650.760.310.050.650.890.330.780.890.780.790.820.50.350.430.680.52
0.00.290.13-0.070.080.08-0.160.12-0.090.010.55-0.02-0.140.150.33-0.030.13-0.010.030.11-0.130.63-0.350.06-0.24
0.990.270.960.980.91-0.950.920.960.950.960.180.070.980.90.78-0.030.961.00.970.960.68-0.110.880.820.92
0.970.371.00.940.85-0.910.861.00.910.960.270.040.910.920.890.130.960.970.980.990.620.040.760.820.83
1.00.250.970.990.89-0.970.930.980.970.980.190.040.980.890.78-0.011.00.970.990.970.66-0.110.880.820.93
0.990.210.980.980.84-0.970.930.990.960.990.180.050.960.880.790.030.970.980.990.990.58-0.10.850.860.91
0.980.240.990.960.83-0.940.890.990.940.980.260.050.930.880.820.110.960.990.970.990.57-0.010.80.860.87
0.630.530.620.620.6-0.570.540.590.610.550.51-0.250.660.690.5-0.130.680.620.660.580.57-0.010.570.260.55
-0.110.650.03-0.19-0.040.21-0.310.0-0.2-0.110.54-0.34-0.240.030.350.63-0.110.04-0.11-0.1-0.01-0.01-0.45-0.25-0.45
0.88-0.080.760.930.74-0.930.960.780.930.87-0.09-0.020.950.640.43-0.350.880.760.880.850.80.57-0.450.70.97
0.83-0.090.830.820.81-0.820.780.840.780.840.030.390.790.810.680.060.820.820.820.860.860.26-0.250.70.83
0.93-0.080.840.960.79-0.950.970.850.950.92-0.050.120.970.740.52-0.240.920.830.930.910.870.55-0.450.970.83
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Mango Excellent Account Relationship Matchups

Mango Excellent fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.1B19.3B26.1B29.0B31.4B33.0B
Other Current Liab1.3B138.7M339.0M1.4B90.6M86.0M
Total Current Liabilities7.9B8.6B8.9B10.1B9.9B10.4B
Total Stockholder Equity8.8B10.6B17.0B18.9B21.5B22.6B
Property Plant And Equipment Net180.6M186.9M394.8M337.5M371.0M191.2M
Net Debt(4.7B)(5.3B)(6.7B)(8.4B)(11.6B)(11.1B)
Retained Earnings2.1B3.9B5.7B7.3B10.6B11.2B
Accounts Payable5.4B5.9B5.9B6.5B6.9B7.3B
Cash5.1B5.3B7.0B9.7B11.9B12.5B
Non Current Assets Total5.4B6.3B7.2B7.6B10.5B11.0B
Non Currrent Assets Other280.2M102.2M1.3M210.6M1.3M1.2M
Cash And Short Term Investments5.1B5.3B10.4B12.4B12.9B13.6B
Net Receivables4.3B5.4B6.7B7.3B5.1B2.9B
Liabilities And Stockholders Equity17.1B19.3B26.1B29.0B31.4B33.0B
Inventory1.9B1.7B1.7B1.6B1.7B967.9M
Other Current Assets491.3M520.1M123.5M110.8M130.2M123.7M
Total Liab8.3B8.6B9.1B10.2B10.1B10.6B
Total Current Assets11.7B12.9B18.9B21.4B20.9B22.0B
Intangible Assets4.9B6.1B6.7B7.1B8.4B8.8B
Short Long Term Debt Total360.2M39.8M252.5M1.2B249.0M333.3M
Other Liab257.7M322.7M57.2M59.3M53.4M50.7M
Net Tangible Assets3.9B4.7B10.5B11.5B13.2B13.9B
Current Deferred Revenue929.9M2.5B2.6B1.0B2.7B1.4B
Deferred Long Term Liab66.0M100.0M234.6M346.4M398.3M418.2M
Short Term Debt360.2M39.8M82.9M1.1B97.2M92.3M
Property Plant Equipment180.6M186.9M394.8M337.5M388.1M294.7M
Non Current Liabilities Total322.7M57.2M229.0M183.3M198.3M172.9M
Short Term Investments0.780.513.4B2.7B1.1B1.3B
Net Invested Capital9.1B10.6B17.0B19.9B21.5B13.5B
Short Long Term Debt349.8M39.8M39.8M1.1B33.8M32.1M
Non Current Liabilities Other14.2M8.3M13.8M9.0M3.2M3.0M
Net Working Capital3.8B4.3B10.0B11.4B11.1B7.0B

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Other Information on Investing in Mango Stock

Balance Sheet is a snapshot of the financial position of Mango Excellent Media at a specified time, usually calculated after every quarter, six months, or one year. Mango Excellent Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mango Excellent 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 Mango currently owns. An asset can also be divided into two categories, current and non-current.