Mangalam Short Long Term Debt Total vs Accounts Payable 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 Short Long Term Debt Total and its Accounts Payable 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.

Short Long Term Debt Total vs Accounts Payable

Short Long Term Debt Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangalam Organics Short Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Mangalam Organics' Short Long Term Debt Total and Accounts Payable is 0.18. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable 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' Short Long Term Debt Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Mangalam Organics Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt Total i.e., Mangalam Organics' Short Long Term Debt Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt Total

Accounts Payable

An accounting item on the balance sheet that represents Mangalam Organics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mangalam Organics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.