| MTR Stock | | | USD 7.17 0.05 0.70% |
Mesa Royalty financial indicator trend analysis is infinitely more than just investigating Mesa Royalty Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mesa Royalty Trust is a good investment. Please check the relationship between Mesa Royalty Gross Profit and its Ebitda accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Royalty Trust. 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.
Gross Profit vs Ebitda
Gross Profit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mesa Royalty Trust Gross Profit account and
Ebitda. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mesa Royalty's Gross Profit and Ebitda is 0.5. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Mesa Royalty Trust, assuming nothing else is changed. The correlation between historical values of Mesa Royalty's Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Mesa Royalty Trust are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Mesa Royalty's Gross Profit and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mesa Royalty Trust minus its cost of goods sold. It is profit before Mesa Royalty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Ebitda
Most indicators from Mesa Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mesa Royalty Trust 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 Mesa Royalty Trust. 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.
At this time, Mesa Royalty's
Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/28/2024,
Enterprise Value Multiple is likely to grow to 13.52, while
Selling General Administrative is likely to drop slightly above 177.5
K.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 908.2K | 4.0M | 3.4M | 4.7M | Total Revenue | 908.2K | 4.1M | 3.4M | 4.7M |
Mesa Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Mesa Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mesa Royalty fundamental ratios Accounts
Additional Tools for Mesa Stock Analysis
When running Mesa Royalty's price analysis, check to
measure Mesa Royalty'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 Mesa Royalty is operating at the current time. Most of Mesa Royalty's value examination focuses on studying past and present price action to
predict the probability of Mesa Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Royalty's price. Additionally, you may evaluate how the addition of Mesa Royalty to your portfolios can decrease your overall portfolio volatility.