Manchester Short Term Debt vs Good Will 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 Short Term Debt and its Good Will 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.

Short Term Debt vs Good Will

Short Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manchester United Short Term Debt account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Manchester United's Short Term Debt and Good Will is -0.12. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Good Will 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 Short Term Debt and Good Will 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 Term Debt of Manchester United are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Debt i.e., Manchester United's Short Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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)
EBITDA80.6M157.9M149.9M176.6M
Depreciation And Amortization165.8M186.5M206.6M134.1M

Manchester United fundamental ratios Correlations

0.830.850.790.450.420.480.180.710.870.50.780.920.43-0.31-0.660.50.830.890.550.290.88-0.21-0.3-0.680.25
0.830.530.930.280.740.77-0.260.690.690.20.610.740.35-0.7-0.670.450.850.560.340.340.75-0.47-0.66-0.30.23
0.850.530.410.550.030.090.430.60.830.520.70.740.250.06-0.390.630.520.980.570.070.770.210.0-0.730.01
0.790.930.410.180.770.86-0.250.60.620.180.60.740.43-0.71-0.690.30.890.460.270.480.66-0.57-0.63-0.250.34
0.450.280.550.180.08-0.050.20.330.480.020.170.37-0.160.1-0.130.220.30.530.93-0.290.340.09-0.03-0.32-0.24
0.420.740.030.770.080.82-0.320.460.48-0.090.310.350.21-0.86-0.460.10.610.070.070.180.42-0.76-0.80.130.21
0.480.770.090.86-0.050.82-0.330.580.32-0.130.40.350.16-0.86-0.470.10.580.13-0.040.250.52-0.64-0.830.120.04
0.18-0.260.43-0.250.2-0.32-0.330.320.280.160.19-0.01-0.240.340.360.14-0.110.420.14-0.370.370.150.22-0.27-0.31
0.710.690.60.60.330.460.580.320.60.160.390.470.02-0.56-0.340.390.490.630.25-0.170.93-0.34-0.71-0.33-0.25
0.870.690.830.620.480.480.320.280.60.450.70.780.33-0.23-0.470.60.710.850.530.180.76-0.2-0.23-0.580.18
0.50.20.520.180.02-0.09-0.130.160.160.450.40.70.820.14-0.70.010.20.610.120.280.350.190.22-0.920.62
0.780.610.70.60.170.310.40.190.390.70.40.670.32-0.14-0.470.280.60.710.310.210.68-0.19-0.1-0.50.21
0.920.740.740.740.370.350.35-0.010.470.780.70.670.71-0.23-0.830.370.80.810.490.490.66-0.12-0.14-0.780.56
0.430.350.250.43-0.160.210.16-0.240.020.330.820.320.71-0.21-0.83-0.040.410.34-0.070.650.15-0.020.01-0.630.89
-0.31-0.70.06-0.710.1-0.86-0.860.34-0.56-0.230.14-0.14-0.23-0.210.42-0.08-0.50.020.2-0.2-0.420.660.95-0.22-0.14
-0.66-0.67-0.39-0.69-0.13-0.46-0.470.36-0.34-0.47-0.7-0.47-0.83-0.830.420.01-0.57-0.49-0.21-0.45-0.450.180.310.66-0.64
0.50.450.630.30.220.10.10.140.390.60.010.280.37-0.04-0.080.010.50.540.230.280.440.21-0.08-0.14-0.09
0.830.850.520.890.30.610.58-0.110.490.710.20.60.80.41-0.5-0.570.50.560.410.550.61-0.42-0.4-0.30.41
0.890.560.980.460.530.070.130.420.630.850.610.710.810.340.02-0.490.540.560.570.080.810.13-0.04-0.810.09
0.550.340.570.270.930.07-0.040.140.250.530.120.310.49-0.070.2-0.210.230.410.57-0.110.350.040.11-0.43-0.09
0.290.340.070.48-0.290.180.25-0.37-0.170.180.280.210.490.65-0.2-0.450.280.550.08-0.11-0.050.020.07-0.140.73
0.880.750.770.660.340.420.520.370.930.760.350.680.660.15-0.42-0.450.440.610.810.35-0.05-0.3-0.52-0.53-0.08
-0.21-0.470.21-0.570.09-0.76-0.640.15-0.34-0.20.19-0.19-0.12-0.020.660.180.21-0.420.130.040.02-0.30.63-0.21-0.11
-0.3-0.660.0-0.63-0.03-0.8-0.830.22-0.71-0.230.22-0.1-0.140.010.950.31-0.08-0.4-0.040.110.07-0.520.63-0.220.15
-0.68-0.3-0.73-0.25-0.320.130.12-0.27-0.33-0.58-0.92-0.5-0.78-0.63-0.220.66-0.14-0.3-0.81-0.43-0.14-0.53-0.21-0.22-0.4
0.250.230.010.34-0.240.210.04-0.31-0.250.180.620.210.560.89-0.14-0.64-0.090.410.09-0.090.73-0.08-0.110.15-0.4
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Manchester United Account Relationship Matchups

Manchester United fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.3B1.3B1.3B1.3B1.3B
Other Current Liab114.2M84.5M108.0M87.6M72.3M68.7M
Total Current Liabilities398.3M384.0M494.8M526.9M495.0M351.8M
Total Stockholder Equity351.2M272.5M127.5M104.0M144.9M137.6M
Other Liab101.4M130.2M138.1M171.9M197.7M127.4M
Net Tangible Assets(77.1M)(482.0M)(299.6M)(323.5M)(291.2M)(276.6M)
Retained Earnings87.2M(13.7M)(170.0M)(196.7M)(309.3M)(293.8M)
Accounts Payable105.9M76.6M91.6M142.1M165.5M173.7M
Cash51.5M110.7M121.2M76.0M73.5M69.9M
Other Assets471.4M41.5M380.2M434.7M499.9M313.0M
Long Term Debt520.0M465.0M530.4M507.3M511.0M485.7M
Net Receivables163.4M90.9M85.4M89.7M79.5M91.0M
Inventory2.2M2.1M2.2M3.2M3.5M3.7M
Other Current Assets7.7M7.7M22.1M24.8M20.7M13.8M
Total Liab1.0B987.8M1.2B1.2B1.2B945.2M
Deferred Long Term Liab346.9M328.0M316.2M384.9M442.6M464.7M
Short Long Term Debt5.6M65.2M105.8M106.0M35.6M33.8M
Total Current Assets224.8M212.9M237.2M193.7M177.3M234.8M
Accumulated Other Comprehensive Income216.5M238.6M250.0M253.0M248.0M148.9M
Short Term Debt6.7M66.4M107.3M107.0M36.5M22.0M
Intangible Assets353.7M333.0M321.8M390.9M416.1M436.9M
Property Plant Equipment259.0M251.4M246.7M262.0M301.3M305.9M
Short Long Term Debt Total530.0M534.6M640.6M622.2M555.3M578.4M
Property Plant And Equipment Net259.0M251.4M246.7M262.0M264.3M234.2M
Current Deferred Revenue171.6M118.0M165.8M169.6M198.6M172.2M
Net Debt478.5M423.9M519.3M546.2M481.7M505.8M
Non Current Assets Total1.2B1.0B1.1B1.1B1.2B1.1B
Non Currrent Assets Other66.1M41.5M66.5M49.8M48.0M50.4M
Cash And Short Term Investments51.5M110.7M121.2M76.0M73.5M139.0M
Common Stock Shares Outstanding164.3M162.9M163.0M163.1M165.8M177.8M
Liabilities And Stockholders Equity1.4B1.3B1.3B1.3B1.3B1.4B
Non Current Liabilities Total633.9M603.8M671.3M687.1M704.9M520.9M
Property Plant And Equipment Gross259.0M251.4M246.7M262.0M422.8M293.9M
Capital Lease Obligations4.4M4.3M4.4M8.9M8.6M9.1M

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