300413 Stock | | | 27.49 0.81 2.86% |
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 Cash and its Net Tangible Assets 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.
Cash vs Net Tangible Assets
Cash vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mango Excellent Media Cash account and
Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mango Excellent's Cash and Net Tangible Assets is 0.93. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets 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 Cash and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Mango Excellent Media are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., Mango Excellent's Cash and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Mango Excellent Media, which is listed under current asset account on Mango Excellent Media balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mango Excellent customers. The amounts must be unrestricted with restricted cash listed in a different Mango Excellent account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 23, 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)
Mango Excellent fundamental ratios Correlations
Click cells to compare fundamentals
Mango Excellent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mango Excellent fundamental ratios Accounts
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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.