MFSL Stock | | | 1,178 8.10 0.69% |
Max Financial financial indicator trend analysis is infinitely more than just investigating Max Financial Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Max Financial Services is a good investment. Please check the relationship between Max Financial Property Plant Equipment and its Net Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Max Financial Services. 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.
Property Plant Equipment vs Net Debt
Property Plant Equipment vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Max Financial Services Property Plant Equipment account and
Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Max Financial's Property Plant Equipment and Net Debt is 0.65. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Debt in the same time period over historical financial statements of Max Financial Services, assuming nothing else is changed. The correlation between historical values of Max Financial's Property Plant Equipment and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Max Financial Services are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant Equipment i.e., Max Financial's Property Plant Equipment and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Max Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Max Financial Services 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 Max Financial Services. 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.
At this time, Max Financial's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 84.5
M in 2024, whereas
Tax Provision is likely to drop slightly above 211.3
M in 2024.
Max Financial fundamental ratios Correlations
Click cells to compare fundamentals
Max Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Max Financial fundamental ratios Accounts
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