MAX Stock | | | USD 12.73 0.02 0.16% |
MediaAlpha financial indicator trend analysis is infinitely more than just investigating MediaAlpha recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MediaAlpha is a good investment. Please check the relationship between MediaAlpha Long Term Debt and its Net Receivables accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MediaAlpha. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy MediaAlpha Stock please use our
How to Invest in MediaAlpha guide.
Long Term Debt vs Net Receivables
Long Term Debt vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MediaAlpha Long Term Debt account and
Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MediaAlpha's Long Term Debt and Net Receivables is 0.9. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of MediaAlpha, assuming nothing else is changed. The correlation between historical values of MediaAlpha's Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of MediaAlpha are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., MediaAlpha's Long Term Debt and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that MediaAlpha has held for over one year. Long-term debt appears on MediaAlpha balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on MediaAlpha balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Net Receivables
Most indicators from MediaAlpha's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MediaAlpha 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 MediaAlpha. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy MediaAlpha Stock please use our
How to Invest in MediaAlpha guide.At this time, MediaAlpha's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 912.8
M in 2024, despite the fact that
Tax Provision is likely to grow to (439.9
K).
MediaAlpha fundamental ratios Correlations
Click cells to compare fundamentals
MediaAlpha Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MediaAlpha fundamental ratios Accounts
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Additional Tools for MediaAlpha Stock Analysis
When running MediaAlpha's price analysis, check to
measure MediaAlpha'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 MediaAlpha is operating at the current time. Most of MediaAlpha's value examination focuses on studying past and present price action to
predict the probability of MediaAlpha's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediaAlpha's price. Additionally, you may evaluate how the addition of MediaAlpha to your portfolios can decrease your overall portfolio volatility.