Manchester Retained Earnings vs Net Invested Capital Analysis

MANU Stock

USD 17.46 0.71 4.24%

Manchester United financial indicator trend analysis is infinitely more than just investigating Manchester United recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manchester United is a good investment. Please check the relationship between Manchester United Retained Earnings and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manchester United Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Manchester United's Retained Earnings and Net Invested Capital is 0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Manchester United, assuming nothing else is changed. The correlation between historical values of Manchester United's Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Manchester United are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Manchester United's Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Manchester United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manchester United 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 Manchester United. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.At this time, Manchester United's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 166.5 M in 2024, whereas Enterprise Value is likely to drop slightly above 1.8 B in 2024.

	2021	2022	2023	2024 (projected)
EBITDA	80.6M	157.9M	149.9M	176.6M
Depreciation And Amortization	165.8M	186.5M	206.6M	134.1M

Ebitda Depreciation And Amortization

Manchester United fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.83	0.85	0.79	0.45	0.42	0.48	0.18	0.71	0.87	0.5	0.78	0.92	0.43	-0.31	-0.66	0.5	0.83	0.89	0.55	0.29	0.88	-0.21	-0.3	-0.68	0.25
Other Current Liab	0.83		0.53	0.93	0.28	0.74	0.77	-0.26	0.69	0.69	0.2	0.61	0.74	0.35	-0.7	-0.67	0.45	0.85	0.56	0.34	0.34	0.75	-0.47	-0.66	-0.3	0.23
Total Current Liabilities	0.85	0.53		0.41	0.55	0.03	0.09	0.43	0.6	0.83	0.52	0.7	0.74	0.25	0.06	-0.39	0.63	0.52	0.98	0.57	0.07	0.77	0.21	0.0	-0.73	0.01
Total Stockholder Equity	0.79	0.93	0.41		0.18	0.77	0.86	-0.25	0.6	0.62	0.18	0.6	0.74	0.43	-0.71	-0.69	0.3	0.89	0.46	0.27	0.48	0.66	-0.57	-0.63	-0.25	0.34
Other Liab	0.45	0.28	0.55	0.18		0.08	-0.05	0.2	0.33	0.48	0.02	0.17	0.37	-0.16	0.1	-0.13	0.22	0.3	0.53	0.93	-0.29	0.34	0.09	-0.03	-0.32	-0.24
Net Tangible Assets	0.42	0.74	0.03	0.77	0.08		0.82	-0.32	0.46	0.48	-0.09	0.31	0.35	0.21	-0.86	-0.46	0.1	0.61	0.07	0.07	0.18	0.42	-0.76	-0.8	0.13	0.21
Retained Earnings	0.48	0.77	0.09	0.86	-0.05	0.82		-0.33	0.58	0.32	-0.13	0.4	0.35	0.16	-0.86	-0.47	0.1	0.58	0.13	-0.04	0.25	0.52	-0.64	-0.83	0.12	0.04
Accounts Payable	0.18	-0.26	0.43	-0.25	0.2	-0.32	-0.33		0.32	0.28	0.16	0.19	-0.01	-0.24	0.34	0.36	0.14	-0.11	0.42	0.14	-0.37	0.37	0.15	0.22	-0.27	-0.31
Cash	0.71	0.69	0.6	0.6	0.33	0.46	0.58	0.32		0.6	0.16	0.39	0.47	0.02	-0.56	-0.34	0.39	0.49	0.63	0.25	-0.17	0.93	-0.34	-0.71	-0.33	-0.25
Other Assets	0.87	0.69	0.83	0.62	0.48	0.48	0.32	0.28	0.6		0.45	0.7	0.78	0.33	-0.23	-0.47	0.6	0.71	0.85	0.53	0.18	0.76	-0.2	-0.23	-0.58	0.18
Long Term Debt	0.5	0.2	0.52	0.18	0.02	-0.09	-0.13	0.16	0.16	0.45		0.4	0.7	0.82	0.14	-0.7	0.01	0.2	0.61	0.12	0.28	0.35	0.19	0.22	-0.92	0.62
Net Receivables	0.78	0.61	0.7	0.6	0.17	0.31	0.4	0.19	0.39	0.7	0.4		0.67	0.32	-0.14	-0.47	0.28	0.6	0.71	0.31	0.21	0.68	-0.19	-0.1	-0.5	0.21
Good Will	0.92	0.74	0.74	0.74	0.37	0.35	0.35	-0.01	0.47	0.78	0.7	0.67		0.71	-0.23	-0.83	0.37	0.8	0.81	0.49	0.49	0.66	-0.12	-0.14	-0.78	0.56
Common Stock Total Equity	0.43	0.35	0.25	0.43	-0.16	0.21	0.16	-0.24	0.02	0.33	0.82	0.32	0.71		-0.21	-0.83	-0.04	0.41	0.34	-0.07	0.65	0.15	-0.02	0.01	-0.63	0.89
Short Term Investments	-0.31	-0.7	0.06	-0.71	0.1	-0.86	-0.86	0.34	-0.56	-0.23	0.14	-0.14	-0.23	-0.21		0.42	-0.08	-0.5	0.02	0.2	-0.2	-0.42	0.66	0.95	-0.22	-0.14
Inventory	-0.66	-0.67	-0.39	-0.69	-0.13	-0.46	-0.47	0.36	-0.34	-0.47	-0.7	-0.47	-0.83	-0.83	0.42		0.01	-0.57	-0.49	-0.21	-0.45	-0.45	0.18	0.31	0.66	-0.64
Other Current Assets	0.5	0.45	0.63	0.3	0.22	0.1	0.1	0.14	0.39	0.6	0.01	0.28	0.37	-0.04	-0.08	0.01		0.5	0.54	0.23	0.28	0.44	0.21	-0.08	-0.14	-0.09
Other Stockholder Equity	0.83	0.85	0.52	0.89	0.3	0.61	0.58	-0.11	0.49	0.71	0.2	0.6	0.8	0.41	-0.5	-0.57	0.5		0.56	0.41	0.55	0.61	-0.42	-0.4	-0.3	0.41
Total Liab	0.89	0.56	0.98	0.46	0.53	0.07	0.13	0.42	0.63	0.85	0.61	0.71	0.81	0.34	0.02	-0.49	0.54	0.56		0.57	0.08	0.81	0.13	-0.04	-0.81	0.09
Deferred Long Term Liab	0.55	0.34	0.57	0.27	0.93	0.07	-0.04	0.14	0.25	0.53	0.12	0.31	0.49	-0.07	0.2	-0.21	0.23	0.41	0.57		-0.11	0.35	0.04	0.11	-0.43	-0.09
Short Long Term Debt	0.29	0.34	0.07	0.48	-0.29	0.18	0.25	-0.37	-0.17	0.18	0.28	0.21	0.49	0.65	-0.2	-0.45	0.28	0.55	0.08	-0.11		-0.05	0.02	0.07	-0.14	0.73
Total Current Assets	0.88	0.75	0.77	0.66	0.34	0.42	0.52	0.37	0.93	0.76	0.35	0.68	0.66	0.15	-0.42	-0.45	0.44	0.61	0.81	0.35	-0.05		-0.3	-0.52	-0.53	-0.08
Short Term Debt	-0.21	-0.47	0.21	-0.57	0.09	-0.76	-0.64	0.15	-0.34	-0.2	0.19	-0.19	-0.12	-0.02	0.66	0.18	0.21	-0.42	0.13	0.04	0.02	-0.3		0.63	-0.21	-0.11
Intangible Assets	-0.3	-0.66	0.0	-0.63	-0.03	-0.8	-0.83	0.22	-0.71	-0.23	0.22	-0.1	-0.14	0.01	0.95	0.31	-0.08	-0.4	-0.04	0.11	0.07	-0.52	0.63		-0.22	0.15
Common Stock	-0.68	-0.3	-0.73	-0.25	-0.32	0.13	0.12	-0.27	-0.33	-0.58	-0.92	-0.5	-0.78	-0.63	-0.22	0.66	-0.14	-0.3	-0.81	-0.43	-0.14	-0.53	-0.21	-0.22		-0.4
Property Plant Equipment	0.25	0.23	0.01	0.34	-0.24	0.21	0.04	-0.31	-0.25	0.18	0.62	0.21	0.56	0.89	-0.14	-0.64	-0.09	0.41	0.09	-0.09	0.73	-0.08	-0.11	0.15	-0.4

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Manchester United Account Relationship Matchups

Manchester United fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B
Other Current Liab	114.2M	84.5M	108.0M	87.6M	72.3M	68.7M
Total Current Liabilities	398.3M	384.0M	494.8M	526.9M	495.0M	351.8M
Total Stockholder Equity	351.2M	272.5M	127.5M	104.0M	144.9M	137.6M
Other Liab	101.4M	130.2M	138.1M	171.9M	197.7M	127.4M
Net Tangible Assets	(77.1M)	(482.0M)	(299.6M)	(323.5M)	(291.2M)	(276.6M)
Retained Earnings	87.2M	(13.7M)	(170.0M)	(196.7M)	(309.3M)	(293.8M)
Accounts Payable	105.9M	76.6M	91.6M	142.1M	165.5M	173.7M
Cash	51.5M	110.7M	121.2M	76.0M	73.5M	69.9M
Other Assets	471.4M	41.5M	380.2M	434.7M	499.9M	313.0M
Long Term Debt	520.0M	465.0M	530.4M	507.3M	511.0M	485.7M
Net Receivables	163.4M	90.9M	85.4M	89.7M	79.5M	91.0M
Inventory	2.2M	2.1M	2.2M	3.2M	3.5M	3.7M
Other Current Assets	7.7M	7.7M	22.1M	24.8M	20.7M	13.8M
Total Liab	1.0B	987.8M	1.2B	1.2B	1.2B	945.2M
Deferred Long Term Liab	346.9M	328.0M	316.2M	384.9M	442.6M	464.7M
Short Long Term Debt	5.6M	65.2M	105.8M	106.0M	35.6M	33.8M
Total Current Assets	224.8M	212.9M	237.2M	193.7M	177.3M	234.8M
Accumulated Other Comprehensive Income	216.5M	238.6M	250.0M	253.0M	248.0M	148.9M
Short Term Debt	6.7M	66.4M	107.3M	107.0M	36.5M	22.0M
Intangible Assets	353.7M	333.0M	321.8M	390.9M	416.1M	436.9M
Property Plant Equipment	259.0M	251.4M	246.7M	262.0M	301.3M	305.9M
Short Long Term Debt Total	530.0M	534.6M	640.6M	622.2M	555.3M	578.4M
Property Plant And Equipment Net	259.0M	251.4M	246.7M	262.0M	264.3M	234.2M
Current Deferred Revenue	171.6M	118.0M	165.8M	169.6M	198.6M	172.2M
Net Debt	478.5M	423.9M	519.3M	546.2M	481.7M	505.8M
Non Current Assets Total	1.2B	1.0B	1.1B	1.1B	1.2B	1.1B
Non Currrent Assets Other	66.1M	41.5M	66.5M	49.8M	48.0M	50.4M
Cash And Short Term Investments	51.5M	110.7M	121.2M	76.0M	73.5M	139.0M
Common Stock Shares Outstanding	164.3M	162.9M	163.0M	163.1M	165.8M	177.8M
Liabilities And Stockholders Equity	1.4B	1.3B	1.3B	1.3B	1.3B	1.4B
Non Current Liabilities Total	633.9M	603.8M	671.3M	687.1M	704.9M	520.9M
Property Plant And Equipment Gross	259.0M	251.4M	246.7M	262.0M	422.8M	293.9M
Capital Lease Obligations	4.4M	4.3M	4.4M	8.9M	8.6M	9.1M

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