Maggie Good Will vs Other Current Assets Analysis
MBH Stock | 0.06 0 3.70% |
Maggie Beer financial indicator trend analysis is infinitely more than just investigating Maggie Beer Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maggie Beer Holdings is a good investment. Please check the relationship between Maggie Beer Good Will and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maggie Beer Holdings. 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.
Good Will vs Other Current Assets
Good Will vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maggie Beer Holdings Good Will account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Maggie Beer's Good Will and Other Current Assets is 0.42. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Maggie Beer Holdings, assuming nothing else is changed. The correlation between historical values of Maggie Beer's Good Will and Other Current 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 Good Will of Maggie Beer Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Good Will i.e., Maggie Beer's Good Will and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.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.Most indicators from Maggie Beer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maggie Beer Holdings 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 Maggie Beer Holdings. 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 20.8 M in 2024, whereas Discontinued Operations is likely to drop (310 K) in 2024.
Maggie Beer fundamental ratios Correlations
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Maggie Beer Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maggie Beer fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 64.0M | 129.7M | 120.7M | 103.8M | 75.9M | 43.4M | |
Short Long Term Debt Total | 4.8M | 3.3M | 3.5M | 7.5M | 5.6M | 3.1M | |
Other Current Liab | 624K | 411K | 6.8M | 4.4M | 5.4M | 5.7M | |
Total Current Liabilities | 9.6M | 11.2M | 13.4M | 12.5M | 13.9M | 14.6M | |
Total Stockholder Equity | 50.6M | 102.8M | 90.9M | 85.7M | 57.8M | 35.6M | |
Property Plant And Equipment Net | 20.7M | 19.8M | 6.4M | 20.6M | 12.3M | 7.5M | |
Current Deferred Revenue | 2.9M | 3.2M | 2.8M | 419K | 536K | 1.1M | |
Net Debt | (3.6M) | (10.3M) | (7.3M) | (1.7M) | 864K | 907.2K | |
Retained Earnings | (71.7M) | (69.9M) | (82.2M) | (83.5M) | (111.7M) | (106.1M) | |
Accounts Payable | 4.9M | 6.0M | 5.3M | 5.5M | 6.0M | 6.3M | |
Cash | 7.2M | 13.5M | 10.8M | 9.2M | 4.7M | 6.7M | |
Non Current Assets Total | 44.8M | 98.2M | 70.8M | 71.9M | 48.9M | 29.6M | |
Cash And Short Term Investments | 7.2M | 13.5M | 10.8M | 9.2M | 4.7M | 6.7M | |
Net Receivables | 8.0M | 8.0M | 5.6M | 7.5M | 7.9M | 8.3M | |
Common Stock Shares Outstanding | 209.0M | 235.8M | 351.3M | 361.8M | 352.4M | 370.1M | |
Liabilities And Stockholders Equity | 64.0M | 129.7M | 120.7M | 103.8M | 75.9M | 43.4M | |
Other Current Assets | 244K | 1.4M | 17.6M | 1.2M | 2.2M | 1.5M | |
Total Liab | 13.4M | 26.9M | 29.8M | 18.1M | 18.2M | 19.1M | |
Total Current Assets | 19.2M | 31.4M | 49.8M | 31.9M | 27.1M | 15.2M | |
Short Term Debt | 1.1M | 1.6M | 1.3M | 2.1M | 1.9M | 1.1M | |
Non Current Liabilities Total | 3.9M | 15.6M | 16.3M | 5.6M | 4.3M | 3.4M | |
Intangible Assets | 8.8M | 22.3M | 17.8M | 47.6M | 13.2M | 13.7M | |
Good Will | 15.4M | 56.1M | 44.5M | 32.0M | 18.3M | 23.0M | |
Accumulated Other Comprehensive Income | 1.6M | 3.3M | 3.6M | 2.9M | 3.2M | 3.4M | |
Inventory | 3.5M | 8.5M | 15.8M | 14.0M | 12.3M | 12.9M | |
Other Stockholder Equity | 1.6M | 3.3M | 3.6M | 2.9M | 3.4M | 1.8M | |
Net Tangible Assets | 26.5M | 24.4M | 28.6M | 38.2M | 43.9M | 26.6M | |
Long Term Debt Total | 3.7M | 1.6M | 2.2M | 5.4M | 6.2M | 6.5M | |
Net Invested Capital | 50.6M | 102.8M | 90.9M | 85.7M | 98.6M | 73.5M | |
Cash And Equivalents | 7.2M | 13.5M | 10.8M | 9.2M | 10.6M | 10.9M | |
Net Working Capital | 9.6M | 20.2M | 36.4M | 19.5M | 22.4M | 18.2M | |
Other Liab | 153K | 14.0M | 14.2M | 170K | 195.5K | 185.7K | |
Capital Lease Obligations | 3.6M | 3.3M | 3.5M | 7.5M | 8.6M | 9.1M | |
Property Plant Equipment | 20.7M | 19.8M | 6.4M | 20.6M | 18.6M | 13.6M |
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When running Maggie Beer's price analysis, check to measure Maggie Beer'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 Maggie Beer is operating at the current time. Most of Maggie Beer's value examination focuses on studying past and present price action to predict the probability of Maggie Beer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maggie Beer's price. Additionally, you may evaluate how the addition of Maggie Beer to your portfolios can decrease your overall portfolio volatility.