Marygold Other Operating Expenses vs Net Income Analysis

MGLD Stock  USD 1.49  0.01  0.68%   
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 Other Operating Expenses and its Net Income 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.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marygold Companies Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Marygold Companies' Other Operating Expenses and Net Income is -0.03. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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' Other Operating Expenses and Net Income 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 Operating Expenses of Marygold Companies are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Marygold Companies' Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Marygold Companies. It is also known as Marygold Companies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Marygold Companies financial statement analysis. It represents the amount of money remaining after all of Marygold Companies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.