MoneyHero Accounts Payable vs Net Invested Capital Analysis
| MNY Stock | 1.15 0.09 7.26% |
MoneyHero Limited financial indicator trend analysis is infinitely more than just investigating MoneyHero Limited Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MoneyHero Limited Class is a good investment. Please check the relationship between MoneyHero Limited Accounts Payable and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MoneyHero Limited Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Accounts Payable vs Net Invested Capital
Accounts Payable vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MoneyHero Limited Class Accounts Payable account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between MoneyHero Limited's Accounts Payable and Net Invested Capital is 0.99. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of MoneyHero Limited Class, assuming nothing else is changed. The correlation between historical values of MoneyHero Limited's Accounts Payable and Net Invested 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 Accounts Payable of MoneyHero Limited Class are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Accounts Payable i.e., MoneyHero Limited's Accounts Payable and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents MoneyHero Limited obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MoneyHero Limited Class are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from MoneyHero Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MoneyHero Limited Class 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 MoneyHero Limited Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, MoneyHero Limited's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 71.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 88.0M | 105.1M | 110.7M | 83.6M | Depreciation And Amortization | 3.9M | 4.8M | 7.2M | 4.4M |
MoneyHero Limited fundamental ratios Correlations
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MoneyHero Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running MoneyHero Limited's price analysis, check to measure MoneyHero Limited'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 MoneyHero Limited is operating at the current time. Most of MoneyHero Limited's value examination focuses on studying past and present price action to predict the probability of MoneyHero Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoneyHero Limited's price. Additionally, you may evaluate how the addition of MoneyHero Limited to your portfolios can decrease your overall portfolio volatility.