300413 Stock | | | 28.80 0.61 2.16% |
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 Total Current Liabilities and its Inventory 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.
Total Current Liabilities vs Inventory
Total Current Liabilities vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mango Excellent Media Total Current Liabilities account and
Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mango Excellent's Total Current Liabilities and Inventory is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory 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 Total Current Liabilities and Inventory 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 Current Liabilities of Mango Excellent Media are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., Mango Excellent's Total Current Liabilities and Inventory go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Mango Excellent balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mango Excellent Media are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Inventory
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 26, 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.