Maui Ebit vs Gross Profit Analysis
MLP Stock | USD 23.75 0.45 1.93% |
Maui Land financial indicator trend analysis is infinitely more than just investigating Maui Land Pineapple recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maui Land Pineapple is a good investment. Please check the relationship between Maui Land Ebit and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maui Land Pineapple. 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maui Land Pineapple Ebit account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Maui Land's Ebit and Gross Profit is 0.49. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Maui Land Pineapple, assuming nothing else is changed. The correlation between historical values of Maui Land's Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Maui Land Pineapple are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., Maui Land's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Maui Land Pineapple minus its cost of goods sold. It is profit before Maui Land operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Maui Land's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maui Land Pineapple 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 Maui Land Pineapple. 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. As of 11/22/2024, Enterprise Value is likely to grow to about 322.9 M, while Selling General Administrative is likely to drop slightly above 3.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.8M | 14.8M | 4.4M | 4.1M | Total Revenue | 12.4M | 21.0M | 10.9M | 10.4M |
Maui Land fundamental ratios Correlations
Click cells to compare fundamentals
Maui Land Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maui Land fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.1M | 38.5M | 37.9M | 42.4M | 42.2M | 40.1M | |
Short Long Term Debt Total | 1.0M | 200K | 4.7M | 4.6M | 1.7M | 1.7M | |
Other Current Liab | 1.6M | 1.6M | 1.6M | 1.5M | 1.1M | 1.1M | |
Total Current Liabilities | 3.0M | 2.9M | 2.4M | 2.3M | 2.5M | 2.4M | |
Total Stockholder Equity | 22.7M | 20.1M | 23.6M | 33.8M | 34.7M | 28.4M | |
Property Plant And Equipment Net | 19.7M | 18.5M | 17.0M | 15.9M | 16.1M | 15.3M | |
Current Deferred Revenue | 215K | 979K | 260K | 217K | 227K | 206.2K | |
Net Debt | 352K | (669K) | (938K) | (3.9M) | (5.7M) | (5.4M) | |
Retained Earnings | (46.3M) | (48.9M) | (52.3M) | (50.5M) | (53.6M) | (50.9M) | |
Accounts Payable | 1.4M | 899K | 580K | 589K | 1.2M | 1.1M | |
Cash | 683K | 869K | 5.6M | 8.5M | 5.7M | 3.2M | |
Non Current Assets Total | 29.6M | 28.7M | 27.7M | 27.2M | 32.2M | 30.6M | |
Non Currrent Assets Other | 9.8M | (28.3M) | (27.2M) | 10.8M | 14.1M | 11.2M | |
Cash And Short Term Investments | 683K | 869K | 5.6M | 10.9M | 8.4M | 8.8M | |
Net Receivables | 1.2M | 1.4M | 1.1M | 892K | 1.2M | 1.1M | |
Common Stock Total Equity | 80.6M | 81.5M | 82.4M | 83.4M | 95.9M | 52.1M | |
Common Stock Shares Outstanding | 19.1M | 19.1M | 19.2M | 19.3M | 19.7M | 13.8M | |
Liabilities And Stockholders Equity | 39.1M | 38.5M | 37.9M | 42.4M | 42.2M | 40.1M | |
Non Current Liabilities Total | 13.5M | 15.5M | 11.9M | 6.3M | 5.0M | 4.8M | |
Other Current Assets | 101K | 7.5M | 3.5M | 3.4M | 467K | 443.7K | |
Total Liab | 16.4M | 18.4M | 14.3M | 8.6M | 7.5M | 7.1M | |
Property Plant And Equipment Gross | 19.7M | 18.5M | 51.2M | 15.9M | 52.3M | 59.6M | |
Total Current Assets | 9.6M | 9.8M | 10.2M | 15.2M | 10.0M | 9.5M | |
Accumulated Other Comprehensive Income | (20.8M) | (21.7M) | (15.6M) | (8.3M) | (6.9M) | (7.2M) | |
Short Term Debt | 1.2M | 0.0 | 200K | 1.1M | 1.3M | 1.3M | |
Common Stock | 80.6M | 81.5M | 82.4M | 83.4M | 84.7M | 53.2M | |
Other Liab | 12.4M | 15.5M | 11.9M | 6.3M | 5.7M | 5.4M | |
Other Assets | 9.8M | 10.2M | 10.7M | 10.8M | 9.7M | 13.0M | |
Property Plant Equipment | 19.7M | 18.5M | 17.0M | 15.9M | 14.3M | 13.6M | |
Net Tangible Assets | 22.7M | 20.1M | 23.6M | 33.8M | 38.8M | 40.8M | |
Retained Earnings Total Equity | (46.3M) | (48.9M) | (52.3M) | (50.5M) | (58.1M) | (61.0M) | |
Deferred Long Term Liab | 8.5M | 8.9M | 9.6M | 9.6M | 11.0M | 11.6M | |
Non Current Liabilities Other | 12.4M | 15.5M | 11.9M | 6.3M | 2.1M | 2.0M |
Pair Trading with Maui Land
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Maui Land position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Maui Land will appreciate offsetting losses from the drop in the long position's value.Moving against Maui Stock
The ability to find closely correlated positions to Maui Land could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maui Land when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Maui Land - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Maui Land Pineapple to buy it.
The correlation of Maui Land is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Maui Land moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maui Land Pineapple moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Maui Land can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Maui Stock Analysis
When running Maui Land's price analysis, check to measure Maui Land'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 Maui Land is operating at the current time. Most of Maui Land's value examination focuses on studying past and present price action to predict the probability of Maui Land's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maui Land's price. Additionally, you may evaluate how the addition of Maui Land to your portfolios can decrease your overall portfolio volatility.