63MOONS Stock | | | 579.20 1.35 0.23% |
63 Moons financial indicator trend analysis is way more than just evaluating 63 moons technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 63 moons technologies is a good investment. Please check the relationship between 63 Moons Total Current Liabilities and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 63 moons technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Total Current Liabilities vs Depreciation And Amortization
Total Current Liabilities vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
63 moons technologies Total Current Liabilities account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 63 Moons' Total Current Liabilities and Depreciation And Amortization is 0.42. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of 63 moons technologies, assuming nothing else is changed. The correlation between historical values of 63 Moons' Total Current Liabilities and Depreciation And Amortization 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 63 moons technologies are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Liabilities i.e., 63 Moons' Total Current Liabilities and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on 63 Moons balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 63 moons technologies 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.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from 63 Moons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 63 moons technologies 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 63 moons technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative is likely to drop to about 9.3
M in 2024.
Tax Provision is likely to drop to about 14.7
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 4.7M | 6.3M | 9.7M | 9.2M | Depreciation And Amortization | 103.9M | 212.9M | 302.9M | 235.2M |
63 Moons fundamental ratios Correlations
Click cells to compare fundamentals
63 Moons Account Relationship Matchups
High Positive Relationship
High Negative Relationship
63 Moons fundamental ratios Accounts
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Additional Tools for 63MOONS Stock Analysis
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measure 63 Moons' 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 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to
predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.