Mega Total Operating Expenses vs Reconciled Depreciation Analysis

MPU Stock   0.97  0.07  8.30%   
Mega Matrix financial indicator trend analysis is infinitely more than just investigating Mega Matrix Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mega Matrix Corp is a good investment. Please check the relationship between Mega Matrix Total Operating Expenses and its Reconciled Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mega Matrix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Total Operating Expenses vs Reconciled Depreciation

JavaScript chart by amCharts 3.21.15201620182020202220244M6M8M10M12M14M16M18M20M22M24M 1M2M3M4M5M6M7M8M9M10M11M12M
JavaScript chart by amCharts 3.21.15Total Operating Expensestotal: 168MReconciled Depreciationtotal: 77.8M

Total Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mega Matrix Corp Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
Total Operating ExpensesReconciled DepreciationDiversified AwayTotal Operating ExpensesReconciled DepreciationDiversified Away100%
The correlation between Mega Matrix's Total Operating Expenses and Reconciled Depreciation is 0.73. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Mega Matrix Corp, assuming nothing else is changed. The correlation between historical values of Mega Matrix's Total Operating Expenses and Reconciled Depreciation 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 Operating Expenses of Mega Matrix Corp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Mega Matrix's Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Reconciled Depreciation

Most indicators from Mega Matrix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mega Matrix Corp 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 Mega Matrix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Mega Matrix's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 105.2 K in 2025, despite the fact that Enterprise Value Over EBITDA is likely to grow to (15.46).
 2022 2023 2024 2025 (projected)
Minority Interest832.2K615.8K708.2K617.9K
Research Development20.8496.09110.5116.03

Mega Matrix fundamental ratios Correlations

-0.120.90.790.950.830.33-0.140.990.140.05-0.19-0.74-0.340.990.5-0.750.950.780.54-0.45-0.550.52-0.340.620.76
-0.120.21-0.02-0.19-0.06-0.020.05-0.06-0.56-0.840.060.130.08-0.13-0.360.13-0.19-0.13-0.530.29-0.16-0.550.11-0.19-0.22
0.90.210.840.790.850.38-0.090.93-0.24-0.34-0.14-0.61-0.280.850.21-0.610.790.70.14-0.5-0.630.36-0.240.450.72
0.79-0.020.840.580.950.31-0.070.85-0.33-0.24-0.12-0.46-0.160.67-0.01-0.470.580.610.06-0.63-0.620.26-0.220.350.75
0.95-0.190.790.580.660.28-0.180.910.370.21-0.23-0.77-0.360.990.67-0.771.00.730.7-0.32-0.440.58-0.360.660.67
0.83-0.060.850.950.660.34-0.160.89-0.2-0.15-0.21-0.68-0.420.740.03-0.690.650.630.17-0.62-0.750.28-0.280.560.89
0.33-0.020.380.310.280.340.130.36-0.140.090.06-0.28-0.150.31-0.08-0.260.270.04-0.04-0.08-0.290.06-0.250.50.19
-0.140.05-0.09-0.07-0.18-0.160.13-0.18-0.23-0.010.970.330.28-0.150.20.4-0.150.19-0.19-0.280.540.070.43-0.25-0.45
0.99-0.060.930.850.910.890.36-0.180.04-0.04-0.23-0.74-0.350.960.37-0.750.910.740.44-0.46-0.630.44-0.320.610.81
0.14-0.56-0.24-0.330.37-0.2-0.14-0.230.040.84-0.23-0.39-0.240.260.65-0.390.36-0.010.870.310.150.25-0.190.430.04
0.05-0.84-0.34-0.240.21-0.150.09-0.01-0.040.84-0.05-0.23-0.140.120.51-0.210.210.00.730.050.270.37-0.210.40.01
-0.190.06-0.14-0.12-0.23-0.210.060.97-0.23-0.23-0.050.330.29-0.20.140.41-0.210.12-0.22-0.220.520.030.63-0.33-0.47
-0.740.13-0.61-0.46-0.77-0.68-0.280.33-0.74-0.39-0.230.330.7-0.77-0.320.99-0.75-0.48-0.590.210.72-0.230.28-0.88-0.78
-0.340.08-0.28-0.16-0.36-0.42-0.150.28-0.35-0.24-0.140.290.7-0.37-0.090.72-0.36-0.25-0.30.10.54-0.180.25-0.71-0.66
0.99-0.130.850.670.990.740.31-0.150.960.260.12-0.2-0.77-0.370.61-0.770.990.770.63-0.37-0.490.55-0.340.650.71
0.5-0.360.21-0.010.670.03-0.080.20.370.650.510.14-0.32-0.090.61-0.310.690.620.8-0.150.290.67-0.180.320.07
-0.750.13-0.61-0.47-0.77-0.69-0.260.4-0.75-0.39-0.210.410.990.72-0.77-0.31-0.75-0.48-0.590.20.74-0.230.36-0.89-0.81
0.95-0.190.790.581.00.650.27-0.150.910.360.21-0.21-0.75-0.360.990.69-0.750.750.69-0.34-0.410.6-0.360.640.66
0.78-0.130.70.610.730.630.040.190.74-0.010.00.12-0.48-0.250.770.62-0.480.750.41-0.7-0.220.69-0.210.390.54
0.54-0.530.140.060.70.17-0.04-0.190.440.870.73-0.22-0.59-0.30.630.8-0.590.690.410.06-0.040.45-0.30.580.31
-0.450.29-0.5-0.63-0.32-0.62-0.08-0.28-0.460.310.05-0.220.210.1-0.37-0.150.2-0.34-0.70.060.15-0.610.09-0.14-0.51
-0.55-0.16-0.63-0.62-0.44-0.75-0.290.54-0.630.150.270.520.720.54-0.490.290.74-0.41-0.22-0.040.150.160.26-0.57-0.81
0.52-0.550.360.260.580.280.060.070.440.250.370.03-0.23-0.180.550.67-0.230.60.690.45-0.610.16-0.180.210.37
-0.340.11-0.24-0.22-0.36-0.28-0.250.43-0.32-0.19-0.210.630.280.25-0.34-0.180.36-0.36-0.21-0.30.090.26-0.18-0.54-0.38
0.62-0.190.450.350.660.560.5-0.250.610.430.4-0.33-0.88-0.710.650.32-0.890.640.390.58-0.14-0.570.21-0.540.64
0.76-0.220.720.750.670.890.19-0.450.810.040.01-0.47-0.78-0.660.710.07-0.810.660.540.31-0.51-0.810.37-0.380.64
Click cells to compare fundamentals

Mega Matrix Account Relationship Matchups

Mega Matrix fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets93.4M14.9M12.6M13.3M15.3M14.6M
Other Current Liab16.9M161.3K5.3M2.8M2.8M2.9M
Total Current Liabilities2.4M3.1M5.6M2.9M3.4M3.2M
Total Stockholder Equity(17.6M)12.1M8.0M10.4M12.0M11.4M
Net Debt100.4M(6.7M)(3.1M)5.3M(3.1M)(3.0M)
Retained Earnings(31.4M)(5.0M)(13.4M)(17.5M)(15.7M)(14.9M)
Accounts Payable367.7K3.0M254.7K185.4K166.9K158.5K
Cash2.4M7.4M7.3M3.1M3.6M3.5M
Non Current Assets Total47.1M5.7M4.2M1.8M2.0M1.9M
Other Assets108.9M41.6M31.1M(4.2M)(4.8M)(4.6M)
Cash And Short Term Investments2.4M7.4M10.3M3.1M3.4M3.6M
Liabilities And Stockholders Equity93.4M14.9M12.6M13.3M15.3M14.6M
Other Stockholder Equity13.7M17.0M21.4M34.9M27.8M16.4M
Total Liab111.0M3.1M5.6M2.9M3.4M3.2M
Total Current Assets46.3M9.3M12.6M11.6M13.3M15.2M
Short Long Term Debt Total102.8M645.1K4.2M8.4M9.7M9.2M
Net Receivables9.9M2.8M1.2M1.1M1.3M1.2M
Non Current Liabilities Total108.6M3.1M5.6M2.9M3.4M3.2M
Other Current Assets41.1M645.1K5.3M(3.1M)8.2M8.6M
Net Invested Capital85.0M12.1M8.0M10.4M9.4M8.9M
Net Working Capital43.9M6.1M7.0M8.6M7.8M7.4M

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