MainStay Gross Profit vs Depreciation And Amortization Analysis

MEGI Stock  USD 13.43  0.08  0.59%   
MainStay CBRE financial indicator trend analysis is infinitely more than just investigating MainStay CBRE Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MainStay CBRE Global is a good investment. Please check the relationship between MainStay CBRE Gross Profit and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MainStay CBRE Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Gross Profit vs Depreciation And Amortization

Gross Profit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MainStay CBRE Global Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between MainStay CBRE's Gross Profit and Depreciation And Amortization is -0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of MainStay CBRE Global, assuming nothing else is changed. The correlation between historical values of MainStay CBRE's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of MainStay CBRE Global are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., MainStay CBRE's Gross Profit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of MainStay CBRE Global minus its cost of goods sold. It is profit before MainStay CBRE operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from MainStay CBRE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MainStay CBRE Global 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 MainStay CBRE Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of now, MainStay CBRE's Sales General And Administrative To Revenue is increasing as compared to previous years. The MainStay CBRE's current Enterprise Value Over EBITDA is estimated to increase to 15.57, while Selling General Administrative is projected to decrease to under 569.8 K.
 2010 2023 2024 (projected)
Depreciation And Amortization228.5K205.6K182.8K
Interest Income2.8M2.8M2.2M

MainStay CBRE fundamental ratios Correlations

1.0-0.31-0.981.00.950.99-0.98-0.231.0-0.99-0.74-0.231.00.641.00.691.01.01.00.990.840.840.84-0.81
1.0-0.3-0.991.00.951.0-0.99-0.241.0-1.0-0.76-0.240.990.591.00.641.01.01.00.980.810.810.81-0.82
-0.31-0.30.38-0.32-0.59-0.240.380.91-0.310.270.740.91-0.33-0.46-0.3-0.52-0.3-0.31-0.31-0.23-0.68-0.68-0.680.73
-0.98-0.990.38-0.97-0.96-0.981.00.37-0.980.990.850.37-0.97-0.51-0.99-0.58-0.99-0.98-0.98-0.94-0.79-0.79-0.790.89
1.01.0-0.32-0.970.950.99-0.97-0.221.0-0.99-0.73-0.221.00.661.00.711.01.01.00.990.850.850.85-0.8
0.950.95-0.59-0.960.950.93-0.96-0.50.95-0.93-0.88-0.50.950.670.950.730.950.950.950.910.920.920.92-0.93
0.991.0-0.24-0.980.990.93-0.98-0.20.99-1.0-0.74-0.20.990.551.00.61.00.990.990.980.770.770.77-0.79
-0.98-0.990.381.0-0.97-0.96-0.980.37-0.980.990.850.37-0.97-0.51-0.99-0.58-0.99-0.98-0.98-0.94-0.79-0.79-0.790.89
-0.23-0.240.910.37-0.22-0.5-0.20.37-0.230.230.81.0-0.22-0.1-0.24-0.17-0.24-0.23-0.23-0.1-0.45-0.45-0.450.75
1.01.0-0.31-0.981.00.950.99-0.98-0.23-0.99-0.74-0.231.00.641.00.691.01.01.00.990.840.840.84-0.81
-0.99-1.00.270.99-0.99-0.93-1.00.990.23-0.990.760.23-0.98-0.53-1.0-0.59-1.0-0.99-0.99-0.97-0.77-0.77-0.770.81
-0.74-0.760.740.85-0.73-0.88-0.740.850.8-0.740.760.8-0.73-0.33-0.76-0.41-0.76-0.74-0.74-0.64-0.72-0.72-0.720.99
-0.23-0.240.910.37-0.22-0.5-0.20.371.0-0.230.230.8-0.22-0.1-0.24-0.17-0.24-0.23-0.23-0.1-0.45-0.45-0.450.75
1.00.99-0.33-0.971.00.950.99-0.97-0.221.0-0.98-0.73-0.220.680.990.730.991.01.00.990.860.860.86-0.8
0.640.59-0.46-0.510.660.670.55-0.51-0.10.64-0.53-0.33-0.10.680.591.00.590.630.640.690.890.890.89-0.43
1.01.0-0.3-0.991.00.951.0-0.99-0.241.0-1.0-0.76-0.240.990.590.641.01.01.00.980.810.810.81-0.82
0.690.64-0.52-0.580.710.730.6-0.58-0.170.69-0.59-0.41-0.170.731.00.640.640.690.690.730.930.930.93-0.51
1.01.0-0.3-0.991.00.951.0-0.99-0.241.0-1.0-0.76-0.240.990.591.00.641.01.00.980.810.810.81-0.82
1.01.0-0.31-0.981.00.950.99-0.98-0.231.0-0.99-0.74-0.231.00.631.00.691.01.00.990.830.830.83-0.81
1.01.0-0.31-0.981.00.950.99-0.98-0.231.0-0.99-0.74-0.231.00.641.00.691.01.00.990.840.840.84-0.81
0.990.98-0.23-0.940.990.910.98-0.94-0.10.99-0.97-0.64-0.10.990.690.980.730.980.990.990.830.830.83-0.72
0.840.81-0.68-0.790.850.920.77-0.79-0.450.84-0.77-0.72-0.450.860.890.810.930.810.830.840.831.01.0-0.8
0.840.81-0.68-0.790.850.920.77-0.79-0.450.84-0.77-0.72-0.450.860.890.810.930.810.830.840.831.01.0-0.8
0.840.81-0.68-0.790.850.920.77-0.79-0.450.84-0.77-0.72-0.450.860.890.810.930.810.830.840.831.01.0-0.8
-0.81-0.820.730.89-0.8-0.93-0.790.890.75-0.810.810.990.75-0.8-0.43-0.82-0.51-0.82-0.81-0.81-0.72-0.8-0.8-0.8
Click cells to compare fundamentals

MainStay CBRE Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether MainStay CBRE Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MainStay CBRE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mainstay Cbre Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mainstay Cbre Global Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MainStay CBRE Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MainStay CBRE. If investors know MainStay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MainStay CBRE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.34
The market value of MainStay CBRE Global is measured differently than its book value, which is the value of MainStay that is recorded on the company's balance sheet. Investors also form their own opinion of MainStay CBRE's value that differs from its market value or its book value, called intrinsic value, which is MainStay CBRE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MainStay CBRE's market value can be influenced by many factors that don't directly affect MainStay CBRE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MainStay CBRE's value and its price as these two are different measures arrived at by different means. Investors typically determine if MainStay CBRE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MainStay CBRE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.