Mayfair Other Stockholder Equity vs Net Working Capital Analysis
MFG Stock | CAD 1.91 0.03 1.55% |
Mayfair Gold financial indicator trend analysis is infinitely more than just investigating Mayfair Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mayfair Gold Corp is a good investment. Please check the relationship between Mayfair Gold Other Stockholder Equity and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayfair Gold Corp. 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.
Other Stockholder Equity vs Net Working Capital
Other Stockholder Equity vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mayfair Gold Corp Other Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mayfair Gold's Other Stockholder Equity and Net Working Capital is 0.95. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Mayfair Gold Corp, assuming nothing else is changed. The correlation between historical values of Mayfair Gold's Other Stockholder Equity 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 Other Stockholder Equity of Mayfair Gold Corp 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 Other Stockholder Equity i.e., Mayfair Gold's Other Stockholder Equity and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Stockholder Equity
Net Working Capital
Most indicators from Mayfair Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mayfair Gold Corp 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 Mayfair Gold Corp. 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 drop to about 4.1 M in 2024. Issuance Of Capital Stock is likely to drop to about 20.7 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 28.6K | 85.1K | 332.4K | 349.1K | Net Interest Income | 28.6K | 85.1K | 332.4K | 349.1K |
Mayfair Gold fundamental ratios Correlations
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Mayfair Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Mayfair Stock Analysis
When running Mayfair Gold's price analysis, check to measure Mayfair Gold'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 Mayfair Gold is operating at the current time. Most of Mayfair Gold's value examination focuses on studying past and present price action to predict the probability of Mayfair Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayfair Gold's price. Additionally, you may evaluate how the addition of Mayfair Gold to your portfolios can decrease your overall portfolio volatility.