Mangalam Common Stock vs Cash Analysis
MANORG Stock | 454.90 9.25 1.99% |
Mangalam Organics financial indicator trend analysis is infinitely more than just investigating Mangalam Organics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mangalam Organics is a good investment. Please check the relationship between Mangalam Organics Common Stock and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mangalam Organics Limited. 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.
Common Stock vs Cash
Common Stock vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangalam Organics Common Stock account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mangalam Organics' Common Stock and Cash is 0.48. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash in the same time period over historical financial statements of Mangalam Organics Limited, assuming nothing else is changed. The correlation between historical values of Mangalam Organics' Common Stock and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Mangalam Organics Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock i.e., Mangalam Organics' Common Stock and Cash go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Cash
Cash refers to the most liquid asset of Mangalam Organics, which is listed under current asset account on Mangalam Organics Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mangalam Organics customers. The amounts must be unrestricted with restricted cash listed in a different Mangalam Organics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Mangalam Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mangalam Organics 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 Mangalam Organics Limited. 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. The current year's Selling General Administrative is expected to grow to about 410.2 M, whereas Tax Provision is projected to grow to (2.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 31.7M | 137.9M | 156.2M | 164.0M | Depreciation And Amortization | 150.2M | 175.4M | 198.4M | 208.3M |
Mangalam Organics fundamental ratios Correlations
Click cells to compare fundamentals
Mangalam Organics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mangalam Stock
Balance Sheet is a snapshot of the financial position of Mangalam Organics at a specified time, usually calculated after every quarter, six months, or one year. Mangalam Organics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mangalam Organics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mangalam currently owns. An asset can also be divided into two categories, current and non-current.