Mobileye Current Deferred Revenue vs Net Working Capital Analysis
| MBLY Stock | USD 17.97 0.68 3.93% |
Mobileye Global financial indicator trend analysis is infinitely more than just investigating Mobileye Global Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mobileye Global Class is a good investment. Please check the relationship between Mobileye Global Current Deferred Revenue and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mobileye Global Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Current Deferred Revenue vs Net Working Capital
Current Deferred Revenue vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mobileye Global Class Current Deferred Revenue account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mobileye Global's Current Deferred Revenue and Net Working Capital is 0.56. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Mobileye Global Class, assuming nothing else is changed. The correlation between historical values of Mobileye Global's Current Deferred Revenue and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Mobileye Global Class are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., Mobileye Global's Current Deferred Revenue and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Working Capital
Most indicators from Mobileye Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mobileye Global Class 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 Mobileye Global Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Mobileye Global's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 75.55 in 2024, whereas Tax Provision is likely to drop slightly above 17.8 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3M | 24M | 4M | 3.8M | Depreciation And Amortization | 526M | 567M | 513M | 529.5M |
Mobileye Global fundamental ratios Correlations
Click cells to compare fundamentals
Mobileye Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Mobileye Global's price analysis, check to measure Mobileye Global'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 Mobileye Global is operating at the current time. Most of Mobileye Global's value examination focuses on studying past and present price action to predict the probability of Mobileye Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mobileye Global's price. Additionally, you may evaluate how the addition of Mobileye Global to your portfolios can decrease your overall portfolio volatility.