YAK Stock | | | CAD 1.33 0.05 3.62% |
Mongolia Growth financial indicator trend analysis is infinitely more than just investigating Mongolia Growth Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mongolia Growth Group is a good investment. Please check the relationship between Mongolia Growth Total Revenue and its Property Plant Equipment accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mongolia Growth Group. 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.
Total Revenue vs Property Plant Equipment
Total Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mongolia Growth Group Total Revenue account and
Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mongolia Growth's Total Revenue and Property Plant Equipment is -0.33. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Mongolia Growth Group, assuming nothing else is changed. The correlation between historical values of Mongolia Growth's Total Revenue and Property Plant Equipment 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 Revenue of Mongolia Growth Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Revenue i.e., Mongolia Growth's Total Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Mongolia Growth Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Property Plant Equipment
Most indicators from Mongolia Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mongolia Growth Group 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mongolia Growth Group. 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.
At this time, Mongolia Growth's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 34
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 76
K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.7M | 3.1M | 3.2M | 3.4M | Total Revenue | 1.8M | 3.9M | 3.3M | 1.7M |
Mongolia Growth fundamental ratios Correlations
Click cells to compare fundamentals
Mongolia Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mongolia Growth fundamental ratios Accounts
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