MOLDTKPAC | | | 721.70 39.15 5.15% |
Mold Tek financial indicator trend analysis is infinitely more than just investigating Mold Tek Packaging recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mold Tek Packaging is a good investment. Please check the relationship between Mold Tek Total Revenue and its Research Development accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mold Tek Packaging 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 estimate.
Total Revenue vs Research Development
Total Revenue vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mold Tek Packaging Total Revenue account and
Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mold Tek's Total Revenue and Research Development is -0.22. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of Mold Tek Packaging Limited, assuming nothing else is changed. The correlation between historical values of Mold Tek's Total Revenue and Research Development 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 Revenue of Mold Tek Packaging Limited are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Revenue i.e., Mold Tek's Total Revenue and Research Development go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Mold Tek Packaging generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Research Development
Most indicators from Mold Tek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mold Tek Packaging 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 Mold Tek Packaging 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 estimate.
As of 12/11/2024,
Selling General Administrative is likely to grow to about 548.3
M, while
Tax Provision is likely to drop slightly above 188
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.5B | 2.9B | 3.0B | 3.2B | Total Revenue | 6.3B | 7.3B | 7.0B | 3.8B |
Mold Tek fundamental ratios Correlations
Click cells to compare fundamentals
Mold Tek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mold Tek fundamental ratios Accounts
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measure Mold Tek'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 Mold Tek is operating at the current time. Most of Mold Tek's value examination focuses on studying past and present price action to
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