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 Total Current Assets and its Property Plant And Equipment Net 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.
Total Current Assets vs Property Plant And Equipment Net
Total Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MA Financial Group Total Current Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between MA Financial's Total Current Assets and Property Plant And Equipment Net is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Current Assets and Property Plant And Equipment Net 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 Assets of MA Financial Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., MA Financial's Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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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