MARS Stock | | | 44.05 1.45 3.19% |
Marstons PLC financial indicator trend analysis is infinitely more than just investigating Marstons PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marstons PLC is a good investment. Please check the relationship between Marstons PLC Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marstons PLC. 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.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marstons PLC Cash And Short Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Marstons PLC's Cash And Short Term Investments and Non Currrent Assets Other is -0.54. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Marstons PLC, assuming nothing else is changed. The correlation between historical values of Marstons PLC's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Marstons PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Marstons PLC's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Marstons PLC balance sheet. This account contains Marstons PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Marstons PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Marstons PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marstons PLC 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 Marstons PLC. 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 drop to about 117.5
M in 2024.
Tax Provision is likely to gain to about (9.7
M) in 2024
Marstons PLC fundamental ratios Correlations
Click cells to compare fundamentals
Marstons PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marstons PLC fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Marstons Stock Analysis
When running Marstons PLC's price analysis, check to
measure Marstons PLC'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 Marstons PLC is operating at the current time. Most of Marstons PLC's value examination focuses on studying past and present price action to
predict the probability of Marstons PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marstons PLC's price. Additionally, you may evaluate how the addition of Marstons PLC to your portfolios can decrease your overall portfolio volatility.