Mangalam Other Current Liab vs Short Term Investments 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 Other Current Liab and its Short Term Investments 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.

Other Current Liab vs Short Term Investments

Other Current Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangalam Organics Other Current Liab account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mangalam Organics' Other Current Liab and Short Term Investments is -0.51. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Term Investments 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' Other Current Liab and Short Term Investments 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 Current Liab of Mangalam Organics Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Liab i.e., Mangalam Organics' Other Current Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Short Term Investments

Short Term Investments is an item under the current assets section of Mangalam Organics balance sheet. It contains any investments Mangalam Organics Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mangalam Organics can easily liquidate in the marketplace.
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
Click cells to compare fundamentals

Mangalam Organics Account Relationship Matchups

Also Currently Popular

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.