MAH Stock | | | CAD 0.01 0.00 0.00% |
Marksmen Energy financial indicator trend analysis is infinitely more than just investigating Marksmen Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marksmen Energy is a good investment. Please check the relationship between Marksmen Energy Other Non Cash Items and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marksmen Energy. 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.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marksmen Energy Other Non Cash Items account and
Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Marksmen Energy's Other Non Cash Items and Net Income is -0.78. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Marksmen Energy, assuming nothing else is changed. The correlation between historical values of Marksmen Energy's Other Non Cash Items and Net Income 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 Non Cash Items of Marksmen Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Marksmen Energy's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Marksmen Energy financial statement analysis. It represents the amount of money remaining after all of Marksmen Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Marksmen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marksmen Energy 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 Marksmen Energy. 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.
Selling General Administrative is likely to drop to about 936.8
K in 2024.
Issuance Of Capital Stock is likely to drop to about 114.8
K in 2024
Marksmen Energy fundamental ratios Correlations
Click cells to compare fundamentals
Marksmen Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marksmen Energy fundamental ratios Accounts
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Additional Tools for Marksmen Stock Analysis
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measure Marksmen Energy'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 Marksmen Energy is operating at the current time. Most of Marksmen Energy's value examination focuses on studying past and present price action to
predict the probability of Marksmen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marksmen Energy's price. Additionally, you may evaluate how the addition of Marksmen Energy to your portfolios can decrease your overall portfolio volatility.