Marygold Ebitda vs Ebit Analysis
MGLD Stock | USD 1.55 0.35 29.17% |
Marygold Companies financial indicator trend analysis is infinitely more than just investigating Marygold Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marygold Companies is a good investment. Please check the relationship between Marygold Companies Ebitda and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marygold Companies. 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 information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.
Ebitda vs Ebit
Ebitda vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marygold Companies Ebitda account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Marygold Companies' Ebitda and Ebit is -0.12. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Ebit in the same time period over historical financial statements of Marygold Companies, assuming nothing else is changed. The correlation between historical values of Marygold Companies' Ebitda and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Marygold Companies are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Ebitda i.e., Marygold Companies' Ebitda and Ebit go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebitda
Ebit
Most indicators from Marygold Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marygold Companies 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 Marygold Companies. 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 information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.At present, Marygold Companies' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 31.5K | 19.9K | 16K | 15.2K | Depreciation And Amortization | 32.9M | 33.5M | 585K | 555.8K |
Marygold Companies fundamental ratios Correlations
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Marygold Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marygold Companies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.4M | 31.5M | 35.3M | 35.3M | 32.9M | 34.5M | |
Total Current Liabilities | 3.6M | 5.1M | 4.8M | 4.2M | 5.2M | 5.5M | |
Total Stockholder Equity | 19.1M | 25.3M | 29.0M | 30.4M | 26.6M | 27.9M | |
Net Debt | (8.1M) | (14.0M) | (11.0M) | (6.9M) | (4.1M) | (4.3M) | |
Retained Earnings | 9.9M | 15.8M | 16.9M | 18.1M | 14.0M | 14.7M | |
Accounts Payable | 1.4M | 1.7M | 2.0M | 1.3M | 2.0M | 2.1M | |
Cash | 9.8M | 16.1M | 12.9M | 8.2M | 5.5M | 3.5M | |
Cash And Short Term Investments | 11.6M | 17.9M | 18.0M | 19.6M | 15.0M | 15.8M | |
Common Stock Shares Outstanding | 38.5M | 38.5M | 39.0M | 40.4M | 40.4M | 42.4M | |
Liabilities And Stockholders Equity | 24.4M | 31.5M | 35.3M | 35.3M | 32.9M | 34.5M | |
Non Current Liabilities Total | 1.7M | 1.2M | 1.5M | 711.3K | 1.1M | 980.8K | |
Total Liab | 5.3M | 6.2M | 6.3M | 4.9M | 6.3M | 6.6M | |
Total Current Assets | 17.6M | 24.1M | 25.2M | 26.8M | 24.3M | 25.5M | |
Common Stock | 37.2K | 37.4K | 37.5K | 39.4K | 40K | 38K | |
Short Long Term Debt Total | 1.7M | 2.1M | 1.9M | 1.3M | 1.4M | 732.1K | |
Other Current Liab | 1.9M | 2.0M | 1.9M | 3.7M | 2.3M | 2.4M | |
Property Plant And Equipment Net | 1.9M | 2.6M | 2.7M | 2.1M | 2.1M | 2.2M | |
Non Current Assets Total | 6.8M | 7.4M | 10.1M | 8.5M | 8.6M | 9.1M | |
Other Current Assets | 209.5K | 1.1M | 1.9M | 15.0K | 4.4M | 4.6M | |
Accumulated Other Comprehensive Income | (144.7K) | 142.6K | (234.8K) | (144.8K) | (269K) | (255.6K) | |
Short Term Debt | 340.1K | 1.1M | 676.1K | 816.1K | 835K | 876.8K | |
Other Stockholder Equity | 9.3M | 9.3M | 12.3M | 12.4M | 12.8M | 6.6M | |
Intangible Assets | 2.5M | 2.3M | 2.7M | 2.3M | 1.4M | 2.1M | |
Net Receivables | 3.3M | 3.1M | 3.2M | 4.0M | 2.7M | 1.5M | |
Non Currrent Assets Other | 36.5K | 54.1K | 1.1M | 477.2K | 179K | 188.0K | |
Inventory | 1.2M | 2.0M | 2.2M | 2.3M | 2.2M | 2.3M | |
Short Term Investments | 1.8M | 1.8M | 5.1M | 11.5M | 9.6M | 10.0M | |
Other Liab | 128.5K | 169.4K | 260.6K | 242.3K | 278.6K | 217.4K | |
Net Tangible Assets | 15.7M | 21.9M | 24.0M | 25.7M | 29.6M | 20.9M | |
Other Assets | 803.9K | 881.6K | 1.8M | 500.0 | 450.0 | 427.5 | |
Long Term Debt | 959.8K | 379.8K | 459.2K | 88.5K | 70K | 66.5K | |
Net Invested Capital | 20.1M | 26.3M | 29.5M | 30.8M | 27.0M | 26.6M | |
Short Long Term Debt | 16.7K | 618.6K | 33.5K | 358.8K | 333K | 226.4K | |
Net Working Capital | 14.0M | 19.0M | 20.4M | 22.6M | 19.0M | 18.7M | |
Property Plant Equipment | 1.9M | 2.6M | 2.7M | 2.1M | 2.4M | 2.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Marygold Companies is a strong investment it is important to analyze Marygold Companies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Marygold Companies' future performance. For an informed investment choice regarding Marygold Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marygold Companies. 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 information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Marygold Companies. If investors know Marygold 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 Marygold Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share (0.13) | Revenue Per Share 0.823 | Quarterly Revenue Growth (0.04) | Return On Assets (0.13) |
The market value of Marygold Companies is measured differently than its book value, which is the value of Marygold that is recorded on the company's balance sheet. Investors also form their own opinion of Marygold Companies' value that differs from its market value or its book value, called intrinsic value, which is Marygold Companies' 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 Marygold Companies' market value can be influenced by many factors that don't directly affect Marygold Companies' 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 Marygold Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marygold Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marygold Companies' 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.