Mangoceuticals, Cash And Short Term Investments vs Net Working Capital Analysis
| MGRX Stock | 2.65 0.15 6.00% |
Mangoceuticals, Common financial indicator trend analysis is infinitely more than just investigating Mangoceuticals, Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mangoceuticals, Common is a good investment. Please check the relationship between Mangoceuticals, Common Cash And Short Term Investments and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mangoceuticals, Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Cash And Short Term Investments vs Net Working Capital
Cash And Short Term Investments vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangoceuticals, Common Cash And Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Mangoceuticals, Common's Cash And Short Term Investments and Net Working Capital is 0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Mangoceuticals, Common Stock, assuming nothing else is changed. The correlation between historical values of Mangoceuticals, Common's Cash And Short Term Investments 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 Cash And Short Term Investments of Mangoceuticals, Common Stock 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 Cash And Short Term Investments i.e., Mangoceuticals, Common's Cash And Short Term Investments and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Mangoceuticals, Common balance sheet. This account contains Mangoceuticals, Common investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mangoceuticals, Common Stock fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Working Capital
Most indicators from Mangoceuticals, Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mangoceuticals, Common 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 Mangoceuticals, Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Selling General Administrative is likely to rise to about 6.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.1 M in 2024.
| 2010 | 2023 | 2024 (projected) | Gross Profit | 4.9K | 431.5K | 240.0K | Total Revenue | 8.9K | 731.5K | 407.2K |
Mangoceuticals, Common fundamental ratios Correlations
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Mangoceuticals, Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Mangoceuticals, Common's price analysis, check to measure Mangoceuticals, Common'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 Mangoceuticals, Common is operating at the current time. Most of Mangoceuticals, Common's value examination focuses on studying past and present price action to predict the probability of Mangoceuticals, Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mangoceuticals, Common's price. Additionally, you may evaluate how the addition of Mangoceuticals, Common to your portfolios can decrease your overall portfolio volatility.