Maplebear Payables Turnover vs Roic Analysis
CART Stock | USD 43.61 0.39 0.90% |
Maplebear Common financial indicator trend analysis is infinitely more than just investigating Maplebear Common Stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maplebear Common Stock is a good investment. Please check the relationship between Maplebear Common Payables Turnover and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Maplebear Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Payables Turnover vs Roic
Payables Turnover vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maplebear Common Stock Payables Turnover account and Roic. At this time, the significance of the direction appears to have strong relationship.
The correlation between Maplebear Common's Payables Turnover and Roic is 0.63. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Roic in the same time period over historical financial statements of Maplebear Common Stock, assuming nothing else is changed. The correlation between historical values of Maplebear Common's Payables Turnover and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Maplebear Common Stock are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Payables Turnover i.e., Maplebear Common's Payables Turnover and Roic go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from Maplebear Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maplebear Common Stock 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 Maplebear Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Maplebear Common's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, despite the fact that Tax Provision is likely to grow to (694.5 M).
2023 | 2024 (projected) | Interest Expense | 4.2M | 3.7M | Depreciation And Amortization | 57M | 28.7M |
Maplebear Common fundamental ratios Correlations
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Maplebear Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Maplebear Stock Analysis
When running Maplebear Common's price analysis, check to measure Maplebear Common's 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 Maplebear Common is operating at the current time. Most of Maplebear Common's value examination focuses on studying past and present price action to predict the probability of Maplebear Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maplebear Common's price. Additionally, you may evaluate how the addition of Maplebear Common to your portfolios can decrease your overall portfolio volatility.