Marex Good Will vs Non Currrent Assets Other Analysis
MRX Stock | 28.95 0.23 0.79% |
Marex Group financial indicator trend analysis is infinitely more than just investigating Marex Group plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marex Group plc is a good investment. Please check the relationship between Marex Group Good Will and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marex Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Good Will vs Non Currrent Assets Other
Good Will vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marex Group plc Good Will account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Marex Group's Good Will and Non Currrent Assets Other is -0.89. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Marex Group plc, assuming nothing else is changed. The correlation between historical values of Marex Group's Good Will and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Marex Group plc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Good Will i.e., Marex Group's Good Will and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Marex Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marex Group plc 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 Marex Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Enterprise Value is likely to rise to about 3.2 B in 2024, whereas Tax Provision is likely to drop slightly above 33.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 825.3M | 1.0B | 564.6M | 631.5M | Total Revenue | 825.3M | 1.0B | 1.9B | 1.2B |
Marex Group fundamental ratios Correlations
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Marex Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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