MDLZ Stock | | | USD 64.94 0.54 0.84% |
Mondelez International financial indicator trend analysis is infinitely more than just investigating Mondelez International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mondelez International is a good investment. Please check the relationship between Mondelez International Other Assets and its Other Current Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mondelez International. 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.
For more information on how to buy Mondelez Stock please use our
How to Invest in Mondelez International guide.
Other Assets vs Other Current Liab
Other Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mondelez International Other Assets account and
Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mondelez International's Other Assets and Other Current Liab is 0.59. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Mondelez International, assuming nothing else is changed. The correlation between historical values of Mondelez International's Other Assets and Other Current Liab 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 Assets of Mondelez International are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., Mondelez International's Other Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Other Current Liab
Most indicators from Mondelez International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mondelez International 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 Mondelez International. 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.
For more information on how to buy Mondelez Stock please use our
How to Invest in Mondelez International guide.At this time, Mondelez International's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 122.7
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 5.7
B in 2024.
Mondelez International fundamental ratios Correlations
Click cells to compare fundamentals
Mondelez International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mondelez International fundamental ratios Accounts
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Additional Tools for Mondelez Stock Analysis
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measure Mondelez International'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 Mondelez International is operating at the current time. Most of Mondelez International's value examination focuses on studying past and present price action to
predict the probability of Mondelez International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mondelez International's price. Additionally, you may evaluate how the addition of Mondelez International to your portfolios can decrease your overall portfolio volatility.