| MPA Stock | | | 0.07 0.01 7.25% |
Mad Paws financial indicator trend analysis is infinitely more than just investigating Mad Paws Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mad Paws Holdings is a good investment. Please check the relationship between Mad Paws Cost Of Revenue and its Selling General Administrative accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mad Paws Holdings. 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.
Cost Of Revenue vs Selling General Administrative
Cost Of Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mad Paws Holdings Cost Of Revenue account and
Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mad Paws' Cost Of Revenue and Selling General Administrative is 0.81. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Mad Paws Holdings, assuming nothing else is changed. The correlation between historical values of Mad Paws' Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Mad Paws Holdings are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Mad Paws' Cost Of Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Mad Paws Holdings income statement and represents the costs associated with goods and services Mad Paws provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Selling General Administrative
Most indicators from Mad Paws' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mad Paws 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 Mad Paws Holdings. 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.
Tax Provision is likely to gain to about (236
K) in 2024. Selling General Administrative is likely to drop to about 4
M in 2024
Mad Paws fundamental ratios Correlations
Click cells to compare fundamentals
Mad Paws Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mad Paws fundamental ratios Accounts
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