MultiMetaVerse Total Current Assets vs Net Debt Analysis
MMVWW Stock | 0.03 0.00 0.00% |
MultiMetaVerse Holdings financial indicator trend analysis is infinitely more than just investigating MultiMetaVerse Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MultiMetaVerse Holdings is a good investment. Please check the relationship between MultiMetaVerse Holdings Total Current Assets and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MultiMetaVerse Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MultiMetaVerse Holdings Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between MultiMetaVerse Holdings' Total Current Assets and Net Debt is 0.29. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of MultiMetaVerse Holdings Limited, assuming nothing else is changed. The correlation between historical values of MultiMetaVerse Holdings' Total Current Assets and Net 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 Assets of MultiMetaVerse Holdings Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., MultiMetaVerse Holdings' Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from MultiMetaVerse Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MultiMetaVerse Holdings 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 MultiMetaVerse Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. Selling General Administrative is likely to drop to about 19.4 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 95.0K | 587.2K | 1.2M | 619.4K | Interest Income | 1.9K | 522.7K | 823.0 | 781.85 |
MultiMetaVerse Holdings fundamental ratios Correlations
Click cells to compare fundamentals
MultiMetaVerse Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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