MKDWELL Retained Earnings vs Capital Stock Analysis
MKDW Stock | 0.94 0 0.43% |
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Ordinary is a good investment. Please check the relationship between MKDWELL Tech Retained Earnings and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Retained Earnings vs Capital Stock
Retained Earnings vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Retained Earnings account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MKDWELL Tech's Retained Earnings and Capital Stock is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Stock in the same time period over historical financial statements of MKDWELL Tech Ordinary, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Retained Earnings and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of MKDWELL Tech Ordinary are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Retained Earnings i.e., MKDWELL Tech's Retained Earnings and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from MKDWELL Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MKDWELL Tech Ordinary 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 MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Selling General Administrative is likely to drop to about 1.2 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.26 in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 304.1K | 390.0K | 244.4K | 250.3K | Depreciation And Amortization | 600.6K | 528.1K | 563.0K | 451.1K |
MKDWELL Tech fundamental ratios Correlations
Click cells to compare fundamentals
MKDWELL Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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