Marblegate Other Assets vs Total Current Liabilities Analysis

GATEW Stock  USD 0.03  0  5.88%   
Marblegate Acquisition financial indicator trend analysis is infinitely more than just investigating Marblegate Acquisition recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marblegate Acquisition is a good investment. Please check the relationship between Marblegate Acquisition Other Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Marblegate Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Other Assets vs Total Current Liabilities

Other Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marblegate Acquisition Other Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Marblegate Acquisition's Other Assets and Total Current Liabilities is -0.39. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Marblegate Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Marblegate Acquisition's Other Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Marblegate Acquisition Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Assets i.e., Marblegate Acquisition's Other Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Total Current Liabilities

Total Current Liabilities is an item on Marblegate Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Marblegate Acquisition Corp 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.
Most indicators from Marblegate Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marblegate Acquisition 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Marblegate Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Tax Provision is likely to drop to about 388.2 K in 2024. Selling General Administrative is likely to drop to about 1.2 M in 2024
 2010 2022 2023 2024 (projected)
Interest Income35.8K3.3M2.0M1.9M
Net Interest Income35.8K3.3M2.0M1.9M

Marblegate Acquisition fundamental ratios Correlations

0.350.160.99-0.361.0-0.02-0.040.421.00.74-0.080.050.08-0.09-0.070.09-0.080.070.07
0.350.950.26-0.940.350.65-0.720.960.28-0.360.56-0.18-0.590.880.54-0.880.55-0.51-0.51
0.160.950.08-0.810.160.84-0.560.820.09-0.490.40.04-0.440.860.36-0.860.36-0.39-0.39
0.990.260.08-0.260.99-0.060.060.321.00.81-0.170.110.17-0.19-0.160.2-0.160.160.16
-0.36-0.94-0.81-0.26-0.36-0.360.89-0.98-0.30.34-0.780.50.8-0.89-0.750.89-0.750.720.72
1.00.350.160.99-0.36-0.02-0.040.421.00.74-0.080.050.08-0.09-0.080.09-0.080.070.07
-0.020.650.84-0.06-0.36-0.02-0.050.42-0.07-0.42-0.110.550.070.53-0.11-0.52-0.110.110.11
-0.04-0.72-0.560.060.89-0.04-0.05-0.820.010.52-0.980.80.98-0.87-0.930.87-0.930.920.92
0.420.960.820.32-0.980.420.42-0.820.36-0.280.69-0.4-0.710.850.71-0.850.71-0.6-0.6
1.00.280.091.0-0.31.0-0.070.010.360.79-0.120.070.13-0.16-0.120.16-0.120.120.12
0.74-0.36-0.490.810.340.74-0.420.52-0.280.79-0.540.260.56-0.73-0.520.73-0.520.50.5
-0.080.560.4-0.17-0.78-0.08-0.11-0.980.69-0.12-0.54-0.89-1.00.790.95-0.790.95-0.95-0.95
0.05-0.180.040.110.50.050.550.8-0.40.070.26-0.890.87-0.42-0.850.43-0.850.850.85
0.08-0.59-0.440.170.80.080.070.98-0.710.130.56-1.00.87-0.81-0.950.81-0.960.940.94
-0.090.880.86-0.19-0.89-0.090.53-0.870.85-0.16-0.730.79-0.42-0.810.75-1.00.75-0.74-0.74
-0.070.540.36-0.16-0.75-0.08-0.11-0.930.71-0.12-0.520.95-0.85-0.950.75-0.751.0-0.8-0.8
0.09-0.88-0.860.20.890.09-0.520.87-0.850.160.73-0.790.430.81-1.0-0.75-0.750.740.74
-0.080.550.36-0.16-0.75-0.08-0.11-0.930.71-0.12-0.520.95-0.85-0.960.751.0-0.75-0.8-0.8
0.07-0.51-0.390.160.720.070.110.92-0.60.120.5-0.950.850.94-0.74-0.80.74-0.81.0
0.07-0.51-0.390.160.720.070.110.92-0.60.120.5-0.950.850.94-0.74-0.80.74-0.81.0
Click cells to compare fundamentals

Marblegate Acquisition Account Relationship Matchups

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