MAQ Stock | | | 85.00 1.43 1.65% |
Macquarie Technology financial indicator trend analysis is infinitely more than just investigating Macquarie Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macquarie Technology is a good investment. Please check the relationship between Macquarie Technology Total Assets and its Other Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macquarie Technology Group. 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.
Total Assets vs Other Assets
Total Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Macquarie Technology Total Assets account and
Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Macquarie Technology's Total Assets and Other Assets is 0.44. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Macquarie Technology Group, assuming nothing else is changed. The correlation between historical values of Macquarie Technology's Total Assets and Other Assets 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 Macquarie Technology Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Macquarie Technology's Total Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Macquarie Technology 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 Macquarie Technology 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.
Other Assets
Most indicators from Macquarie Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macquarie Technology 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 Macquarie Technology Group. 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.
Selling General Administrative is likely to gain to about 221.1
M in 2024.
Tax Provision is likely to gain to about 15
M in 2024
Macquarie Technology fundamental ratios Correlations
Click cells to compare fundamentals
Macquarie Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Macquarie Technology fundamental ratios Accounts
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Additional Tools for Macquarie Stock Analysis
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measure Macquarie Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macquarie Technology is operating at the current time. Most of Macquarie Technology's value examination focuses on studying past and present price action to
predict the probability of Macquarie Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macquarie Technology's price. Additionally, you may evaluate how the addition of Macquarie Technology to your portfolios can decrease your overall portfolio volatility.