Marygold Income Tax Expense vs Ebitda 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 Income Tax Expense and its Ebitda 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.

Income Tax Expense vs Ebitda

Income Tax Expense vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marygold Companies Income Tax Expense account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Marygold Companies' Income Tax Expense and Ebitda is 0.94. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebitda 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' Income Tax Expense and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Marygold Companies are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Tax Expense i.e., Marygold Companies' Income Tax Expense and Ebitda go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Ebitda

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 Expense31.5K19.9K16K15.2K
Depreciation And Amortization32.9M33.5M585K555.8K

Marygold Companies fundamental ratios Correlations

0.931.0-0.810.980.910.80.990.870.370.921.0-0.470.690.890.890.990.560.350.770.860.760.84-0.840.520.94
0.930.9-0.740.880.930.730.890.930.50.970.92-0.560.720.830.830.940.540.450.730.720.740.78-0.70.30.87
1.00.9-0.810.990.880.790.990.850.310.891.0-0.450.680.880.890.980.560.350.780.880.750.82-0.850.530.95
-0.81-0.74-0.81-0.83-0.75-0.99-0.86-0.69-0.37-0.78-0.820.35-0.73-0.69-0.8-0.79-0.18-0.17-0.63-0.57-0.77-0.810.71-0.52-0.69
0.980.880.99-0.830.880.810.990.810.290.870.99-0.380.670.890.850.960.50.290.710.870.750.84-0.890.610.93
0.910.930.88-0.750.880.720.870.830.510.950.9-0.470.550.810.720.910.510.140.620.690.740.8-0.670.540.79
0.80.730.79-0.990.810.720.840.70.410.770.8-0.380.790.660.810.780.150.240.670.580.750.83-0.70.460.69
0.990.890.99-0.860.990.870.840.830.350.890.99-0.440.70.890.90.970.490.330.760.850.750.86-0.840.560.93
0.870.930.85-0.690.810.830.70.830.560.90.86-0.530.780.750.810.910.40.50.770.660.730.79-0.590.110.78
0.370.50.31-0.370.290.510.410.350.560.630.36-0.240.530.230.390.40.030.270.230.110.150.63-0.160.020.22
0.920.970.89-0.780.870.950.770.890.90.630.92-0.490.690.820.810.930.480.320.660.670.690.87-0.690.40.8
1.00.921.0-0.820.990.90.80.990.860.360.92-0.460.680.890.890.980.550.330.760.860.740.85-0.840.540.94
-0.47-0.56-0.450.35-0.38-0.47-0.38-0.44-0.53-0.24-0.49-0.46-0.42-0.38-0.45-0.49-0.2-0.28-0.67-0.32-0.59-0.350.370.0-0.5
0.690.720.68-0.730.670.550.790.70.780.530.690.68-0.420.480.810.730.230.70.70.580.560.69-0.660.060.69
0.890.830.88-0.690.890.810.660.890.750.230.820.89-0.380.480.670.860.320.140.660.770.750.81-0.720.520.79
0.890.830.89-0.80.850.720.810.90.810.390.810.89-0.450.810.670.890.570.540.790.760.620.73-0.770.310.88
0.990.940.98-0.790.960.910.780.970.910.40.930.98-0.490.730.860.890.560.380.790.860.780.82-0.820.470.94
0.560.540.56-0.180.50.510.150.490.40.030.480.55-0.20.230.320.570.560.360.350.580.130.15-0.520.240.66
0.350.450.35-0.170.290.140.240.330.50.270.320.33-0.280.70.140.540.380.360.410.350.080.17-0.33-0.380.51
0.770.730.78-0.630.710.620.670.760.770.230.660.76-0.670.70.660.790.790.350.410.780.70.65-0.570.180.77
0.860.720.88-0.570.870.690.580.850.660.110.670.86-0.320.580.770.760.860.580.350.780.550.66-0.80.560.9
0.760.740.75-0.770.750.740.750.750.730.150.690.74-0.590.560.750.620.780.130.080.70.550.62-0.590.360.67
0.840.780.82-0.810.840.80.830.860.790.630.870.85-0.350.690.810.730.820.150.170.650.660.62-0.670.490.67
-0.84-0.7-0.850.71-0.89-0.67-0.7-0.84-0.59-0.16-0.69-0.840.37-0.66-0.72-0.77-0.82-0.52-0.33-0.57-0.8-0.59-0.67-0.61-0.88
0.520.30.53-0.520.610.540.460.560.110.020.40.540.00.060.520.310.470.24-0.380.180.560.360.49-0.610.46
0.940.870.95-0.690.930.790.690.930.780.220.80.94-0.50.690.790.880.940.660.510.770.90.670.67-0.880.46
Click cells to compare fundamentals

Marygold Companies Account Relationship Matchups

Marygold Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.4M31.5M35.3M35.3M32.9M34.5M
Total Current Liabilities3.6M5.1M4.8M4.2M5.2M5.5M
Total Stockholder Equity19.1M25.3M29.0M30.4M26.6M27.9M
Net Debt(8.1M)(14.0M)(11.0M)(6.9M)(4.1M)(4.3M)
Retained Earnings9.9M15.8M16.9M18.1M14.0M14.7M
Accounts Payable1.4M1.7M2.0M1.3M2.0M2.1M
Cash9.8M16.1M12.9M8.2M5.5M3.5M
Cash And Short Term Investments11.6M17.9M18.0M19.6M15.0M15.8M
Common Stock Shares Outstanding38.5M38.5M39.0M40.4M40.4M42.4M
Liabilities And Stockholders Equity24.4M31.5M35.3M35.3M32.9M34.5M
Non Current Liabilities Total1.7M1.2M1.5M711.3K1.1M980.8K
Total Liab5.3M6.2M6.3M4.9M6.3M6.6M
Total Current Assets17.6M24.1M25.2M26.8M24.3M25.5M
Common Stock37.2K37.4K37.5K39.4K40K38K
Short Long Term Debt Total1.7M2.1M1.9M1.3M1.4M732.1K
Other Current Liab1.9M2.0M1.9M3.7M2.3M2.4M
Property Plant And Equipment Net1.9M2.6M2.7M2.1M2.1M2.2M
Non Current Assets Total6.8M7.4M10.1M8.5M8.6M9.1M
Other Current Assets209.5K1.1M1.9M15.0K4.4M4.6M
Accumulated Other Comprehensive Income(144.7K)142.6K(234.8K)(144.8K)(269K)(255.6K)
Short Term Debt340.1K1.1M676.1K816.1K835K876.8K
Other Stockholder Equity9.3M9.3M12.3M12.4M12.8M6.6M
Intangible Assets2.5M2.3M2.7M2.3M1.4M2.1M
Net Receivables3.3M3.1M3.2M4.0M2.7M1.5M
Non Currrent Assets Other36.5K54.1K1.1M477.2K179K188.0K
Inventory1.2M2.0M2.2M2.3M2.2M2.3M
Short Term Investments1.8M1.8M5.1M11.5M9.6M10.0M
Other Liab128.5K169.4K260.6K242.3K278.6K217.4K
Net Tangible Assets15.7M21.9M24.0M25.7M29.6M20.9M
Other Assets803.9K881.6K1.8M500.0450.0427.5
Long Term Debt959.8K379.8K459.2K88.5K70K66.5K
Net Invested Capital20.1M26.3M29.5M30.8M27.0M26.6M
Short Long Term Debt16.7K618.6K33.5K358.8K333K226.4K
Net Working Capital14.0M19.0M20.4M22.6M19.0M18.7M
Property Plant Equipment1.9M2.6M2.7M2.1M2.4M2.1M

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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.