Mangoceuticals, Total Current Liabilities vs Short Long Term Debt 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 Total Current Liabilities and its Short Long Term Debt 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.
Total Current Liabilities vs Short Long Term Debt
Total Current Liabilities vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangoceuticals, Common Total Current Liabilities account and Short Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mangoceuticals, Common's Total Current Liabilities and Short Long Term Debt is 0.97. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt 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 Total Current Liabilities and Short Long Term 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 Total Current Liabilities of Mangoceuticals, Common Stock are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Current Liabilities i.e., Mangoceuticals, Common's Total Current Liabilities and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Mangoceuticals, Common balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mangoceuticals, Common Stock are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Short Long Term Debt
The total of a company's short-term and long-term borrowings.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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