Natures Retained Earnings vs Total Stockholder Equity Analysis
NMHIW Stock | 0.01 0 29.63% |
Natures Miracle financial indicator trend analysis is infinitely more than just investigating Natures Miracle Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natures Miracle Holding is a good investment. Please check the relationship between Natures Miracle Retained Earnings and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natures Miracle Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Retained Earnings vs Total Stockholder Equity
Retained Earnings vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natures Miracle Holding Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Natures Miracle's Retained Earnings and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Natures Miracle Holding, assuming nothing else is changed. The correlation between historical values of Natures Miracle's Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Natures Miracle Holding are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Natures Miracle's Retained Earnings and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Natures Miracle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natures Miracle Holding 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 Natures Miracle Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to drop to about 156.5 K in 2024. Selling General Administrative is likely to drop to about 2.4 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 3.4M | 5.1M | 5.9M | 6.1M | Cost Of Revenue | 17.0M | 9.9M | 11.4M | 13.4M |
Natures Miracle fundamental ratios Correlations
Click cells to compare fundamentals
Natures Miracle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Natures Stock Analysis
When running Natures Miracle's price analysis, check to measure Natures Miracle'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 Natures Miracle is operating at the current time. Most of Natures Miracle's value examination focuses on studying past and present price action to predict the probability of Natures Miracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natures Miracle's price. Additionally, you may evaluate how the addition of Natures Miracle to your portfolios can decrease your overall portfolio volatility.