| 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 Stockholder Equity and its Current Deferred Revenue 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 Stockholder Equity vs Current Deferred Revenue
Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mongolia Growth Group Total Stockholder Equity account and
Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mongolia Growth's Total Stockholder Equity and Current Deferred Revenue is 0.21. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Current Deferred Revenue 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 Stockholder Equity and Current Deferred Revenue 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 Stockholder Equity of Mongolia Growth Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Stockholder Equity i.e., Mongolia Growth's Total Stockholder Equity and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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.
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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Additional Tools for Mongolia Stock Analysis
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measure Mongolia Growth'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 Mongolia Growth is operating at the current time. Most of Mongolia Growth's value examination focuses on studying past and present price action to
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