MAF Stock | | | 6.60 0.13 2.01% |
MA Financial financial indicator trend analysis is infinitely more than just investigating MA Financial Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MA Financial Group is a good investment. Please check the relationship between MA Financial Non Current Assets Total and its Long Term Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MA Financial Group. 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.
Non Current Assets Total vs Long Term Debt
Non Current Assets Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MA Financial Group Non Current Assets Total account and
Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MA Financial's Non Current Assets Total and Long Term Debt is 0.98. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of MA Financial Group, assuming nothing else is changed. The correlation between historical values of MA Financial's Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of MA Financial Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., MA Financial's Non Current Assets Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Long Term Debt
Long-term debt is a debt that MA Financial Group has held for over one year. Long-term debt appears on MA Financial Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on MA Financial Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from MA Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MA Financial Group 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MA Financial Group. 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.
At this time, MA Financial's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 36.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 12.1
M in 2024.
MA Financial fundamental ratios Correlations
Click cells to compare fundamentals
MA Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MA Financial fundamental ratios Accounts
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Additional Tools for MAF Stock Analysis
When running MA Financial's price analysis, check to
measure MA Financial'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 MA Financial is operating at the current time. Most of MA Financial's value examination focuses on studying past and present price action to
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