Marvel Other Current Assets vs Total Current Liabilities Analysis
MARV Stock | CAD 0.01 0.01 25.00% |
Marvel Discovery financial indicator trend analysis is infinitely more than just investigating Marvel Discovery Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marvel Discovery Corp is a good investment. Please check the relationship between Marvel Discovery Other Current Assets and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvel Discovery Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Other Current Assets vs Total Current Liabilities
Other Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marvel Discovery Corp Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marvel Discovery's Other Current Assets and Total Current Liabilities is 0.56. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Marvel Discovery Corp, assuming nothing else is changed. The correlation between historical values of Marvel Discovery's Other Current 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 Other Current Assets of Marvel Discovery Corp 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 Other Current Assets i.e., Marvel Discovery's Other Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Current Liabilities
Total Current Liabilities is an item on Marvel Discovery balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Marvel Discovery Corp 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 Marvel Discovery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marvel Discovery Corp 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 Marvel Discovery Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Selling General Administrative is likely to climb to about 497.5 K in 2024. Issuance Of Capital Stock is likely to climb to about 2.8 M in 2024
Marvel Discovery fundamental ratios Correlations
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Marvel Discovery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marvel Discovery fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.2M | 2.0M | 3.7M | 5.2M | 6.0M | 3.3M | |
Total Current Liabilities | 783.4K | 649.1K | 670.5K | 782.5K | 704.2K | 636.7K | |
Total Stockholder Equity | 2.5M | 1.4M | 3.0M | 4.4M | 5.1M | 5.3M | |
Net Tangible Assets | 1.7M | 2.5M | 1.4M | 3.0M | 3.4M | 2.0M | |
Retained Earnings | (11.8M) | (14.4M) | (15.2M) | (15.9M) | (14.3M) | (15.0M) | |
Accounts Payable | 236.8K | 610.8K | 494.5K | 528.2K | 607.4K | 408.7K | |
Cash | 474.7K | 100.6K | 104.1K | 395.7K | 455.0K | 477.8K | |
Non Current Assets Total | 2.7M | 1.8M | 3.3M | 4.6M | 5.3M | 3.0M | |
Net Receivables | 11.9K | 78.8K | 25K | 24.7K | 28.4K | 27.6K | |
Common Stock Shares Outstanding | 63.3M | 79.1M | 102.2M | 124.8M | 143.6M | 150.7M | |
Other Stockholder Equity | 1.1M | 1.1M | 1.3M | 1.5M | 1.7M | 1.3M | |
Total Liab | 783.4K | 649.1K | 670.5K | 782.5K | 704.2K | 636.7K | |
Net Invested Capital | 2.6M | 1.4M | 3.0M | 4.4M | 5.1M | 2.6M | |
Total Current Assets | 576.3K | 254.8K | 377.8K | 596.7K | 686.2K | 720.5K | |
Net Working Capital | (207.0K) | (394.3K) | (328.4K) | (185.8K) | (213.6K) | (224.3K) | |
Common Stock | 11.9M | 13.2M | 14.4M | 16.7M | 19.2M | 14.3M | |
Property Plant Equipment | 2.5M | 2.7M | 1.2M | 2.8M | 3.2M | 2.5M | |
Capital Stock | 13.2M | 14.4M | 16.7M | 18.7M | 21.5M | 15.8M |
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When running Marvel Discovery's price analysis, check to measure Marvel Discovery'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 Marvel Discovery is operating at the current time. Most of Marvel Discovery's value examination focuses on studying past and present price action to predict the probability of Marvel Discovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marvel Discovery's price. Additionally, you may evaluate how the addition of Marvel Discovery to your portfolios can decrease your overall portfolio volatility.