Mangalam Common Stock vs Other Current Assets Analysis

MANORG Stock   473.60  9.65  2.00%   
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 Other Current Assets 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 Other Current Assets

Common Stock vs Other Current Assets 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 Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mangalam Organics' Common Stock and Other Current Assets is -0.41. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Assets 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 Other Current Assets 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 Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock i.e., Mangalam Organics' Common Stock and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Expense31.7M137.9M156.2M164.0M
Depreciation And Amortization150.2M175.4M198.4M208.3M

Mangalam Organics fundamental ratios Correlations

-0.45-0.540.36-0.26-0.7-0.72-0.55-0.70.47-0.720.04-0.16-0.25-0.35-0.490.55-0.27-0.380.77-0.14-0.30.310.050.16-0.6
-0.450.83-0.560.870.880.840.840.88-0.630.850.080.320.720.970.69-0.470.870.97-0.310.080.20.19-0.450.290.79
-0.540.83-0.420.890.780.881.00.77-0.390.89-0.250.430.790.830.5-0.390.910.82-0.52-0.3-0.050.18-0.40.310.98
0.36-0.56-0.42-0.31-0.66-0.51-0.42-0.660.27-0.51-0.25-0.56-0.21-0.51-0.40.78-0.3-0.580.31-0.51-0.660.540.16-0.11-0.32
-0.260.870.89-0.310.630.720.890.62-0.260.73-0.170.440.730.860.4-0.230.990.85-0.13-0.34-0.180.39-0.450.460.86
-0.70.880.78-0.660.630.940.791.0-0.70.940.180.230.530.830.71-0.60.640.84-0.680.260.4-0.02-0.310.00.76
-0.720.840.88-0.510.720.940.890.94-0.61.0-0.030.250.570.770.63-0.510.720.77-0.720.010.20.08-0.360.010.89
-0.550.841.0-0.420.890.790.890.78-0.410.89-0.240.420.80.830.52-0.40.910.83-0.53-0.28-0.040.18-0.40.30.98
-0.70.880.77-0.660.621.00.940.78-0.710.940.180.230.530.820.71-0.610.630.84-0.680.280.4-0.03-0.31-0.010.76
0.47-0.63-0.390.27-0.26-0.7-0.6-0.41-0.71-0.59-0.060.18-0.52-0.61-0.780.24-0.33-0.570.48-0.45-0.34-0.090.270.16-0.38
-0.720.850.89-0.510.730.941.00.890.94-0.59-0.040.250.570.770.62-0.520.730.77-0.710.00.190.09-0.370.020.89
0.040.08-0.25-0.25-0.170.18-0.03-0.240.18-0.06-0.04-0.1-0.330.06-0.15-0.23-0.220.120.070.430.220.0-0.07-0.1-0.26
-0.160.320.43-0.560.440.230.250.420.230.180.25-0.10.240.28-0.17-0.180.420.380.01-0.05-0.04-0.41-0.160.340.33
-0.250.720.79-0.210.730.530.570.80.53-0.520.57-0.330.240.80.57-0.160.830.76-0.21-0.29-0.080.25-0.410.530.72
-0.350.970.83-0.510.860.830.770.830.82-0.610.770.060.280.80.68-0.390.890.99-0.280.050.190.27-0.450.40.76
-0.490.690.5-0.40.40.710.630.520.71-0.780.62-0.15-0.170.570.68-0.420.460.65-0.410.270.550.00.01-0.040.48
0.55-0.47-0.390.78-0.23-0.6-0.51-0.4-0.610.24-0.52-0.23-0.18-0.16-0.39-0.42-0.22-0.430.4-0.32-0.570.440.25-0.11-0.39
-0.270.870.91-0.30.990.640.720.910.63-0.330.73-0.220.420.830.890.46-0.220.87-0.16-0.34-0.160.38-0.460.50.87
-0.380.970.82-0.580.850.840.770.830.84-0.570.770.120.380.760.990.65-0.430.87-0.280.080.20.18-0.390.370.75
0.77-0.31-0.520.31-0.13-0.68-0.72-0.53-0.680.48-0.710.070.01-0.21-0.28-0.410.4-0.16-0.28-0.15-0.250.150.040.37-0.58
-0.140.08-0.3-0.51-0.340.260.01-0.280.28-0.450.00.43-0.05-0.290.050.27-0.32-0.340.08-0.150.73-0.4-0.01-0.29-0.34
-0.30.2-0.05-0.66-0.180.40.2-0.040.4-0.340.190.22-0.04-0.080.190.55-0.57-0.160.2-0.250.73-0.580.11-0.1-0.11
0.310.190.180.540.39-0.020.080.18-0.03-0.090.090.0-0.410.250.270.00.440.380.180.15-0.4-0.58-0.260.150.23
0.05-0.45-0.40.16-0.45-0.31-0.36-0.4-0.310.27-0.37-0.07-0.16-0.41-0.450.010.25-0.46-0.390.04-0.010.11-0.26-0.56-0.36
0.160.290.31-0.110.460.00.010.3-0.010.160.02-0.10.340.530.4-0.04-0.110.50.370.37-0.29-0.10.15-0.560.2
-0.60.790.98-0.320.860.760.890.980.76-0.380.89-0.260.330.720.760.48-0.390.870.75-0.58-0.34-0.110.23-0.360.2
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Mangalam Organics Account Relationship Matchups

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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.