Mangalam Total Assets vs Total Current Liabilities 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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangalam Organics Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mangalam Organics' Total Assets and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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' Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Mangalam Organics Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Mangalam Organics' Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Mangalam Organics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mangalam Organics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mangalam Organics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mangalam Organics Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.