Mega Depreciation vs Investments Analysis

301102 Stock   10.45  0.25  2.45%   
Mega Info financial indicator trend analysis is infinitely more than just investigating Mega info Media recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mega info Media is a good investment. Please check the relationship between Mega Info Depreciation and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mega info Media CoLtd. 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.

Depreciation vs Investments

Depreciation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mega info Media Depreciation account and Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Mega Info's Depreciation and Investments is -0.74. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Mega info Media CoLtd, assuming nothing else is changed. The correlation between historical values of Mega Info's Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Mega info Media CoLtd are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Mega Info's Depreciation and Investments go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of Mega info Media value has been used up. For tax purposes Mega Info can deduct the cost of the tangible assets it purchases as business expenses. However, Mega info Media CoLtd must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Mega Info's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mega info Media 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Mega info Media CoLtd. 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.
The current year's Tax Provision is expected to grow to about 15.1 M, whereas Selling General Administrative is forecasted to decline to about 87.6 M.
 2022 2023 2024 2025 (projected)
Net Interest Income62.8M48.2M55.4M32.7M
Tax Provision17.3M11.9M10.7M15.1M

Mega Info fundamental ratios Correlations

-0.790.880.910.910.930.990.980.510.930.890.980.911.00.870.990.90.970.980.890.98-0.91
-0.79-0.91-0.74-0.85-0.66-0.77-0.8-0.7-0.79-0.95-0.79-0.74-0.77-0.64-0.73-0.88-0.71-0.71-0.68-0.710.62
0.88-0.910.90.960.830.850.90.710.950.980.90.90.860.890.830.930.840.840.910.84-0.81
0.91-0.740.90.960.930.930.860.460.980.910.861.00.920.930.920.960.840.850.940.87-0.78
0.91-0.850.960.960.890.910.90.510.990.960.890.960.910.910.90.950.860.860.930.86-0.8
0.93-0.660.830.930.890.940.890.450.930.840.890.930.940.910.940.880.890.90.90.91-0.84
0.99-0.770.850.930.910.940.960.450.930.890.960.931.00.851.00.920.950.950.870.97-0.86
0.98-0.80.90.860.90.890.960.60.90.881.00.860.960.870.950.850.990.990.90.99-0.95
0.51-0.70.710.460.510.450.450.60.510.670.60.460.460.570.420.560.540.540.570.53-0.6
0.93-0.790.950.980.990.930.930.90.510.940.90.980.930.950.920.950.880.890.970.89-0.83
0.89-0.950.980.910.960.840.890.880.670.940.880.910.880.830.860.980.820.820.860.83-0.74
0.98-0.790.90.860.890.890.961.00.60.90.880.860.960.880.950.850.990.990.90.99-0.95
0.91-0.740.91.00.960.930.930.860.460.980.910.860.920.930.920.960.840.850.940.87-0.78
1.0-0.770.860.920.910.941.00.960.460.930.880.960.920.851.00.910.950.960.880.97-0.87
0.87-0.640.890.930.910.910.850.870.570.950.830.880.930.850.850.840.880.891.00.89-0.9
0.99-0.730.830.920.90.941.00.950.420.920.860.950.921.00.850.90.940.950.870.96-0.86
0.9-0.880.930.960.950.880.920.850.560.950.980.850.960.910.840.90.80.810.860.83-0.71
0.97-0.710.840.840.860.890.950.990.540.880.820.990.840.950.880.940.81.00.91.0-0.97
0.98-0.710.840.850.860.90.950.990.540.890.820.990.850.960.890.950.811.00.91.0-0.97
0.89-0.680.910.940.930.90.870.90.570.970.860.90.940.881.00.870.860.90.90.9-0.91
0.98-0.710.840.870.860.910.970.990.530.890.830.990.870.970.890.960.831.01.00.9-0.96
-0.910.62-0.81-0.78-0.8-0.84-0.86-0.95-0.6-0.83-0.74-0.95-0.78-0.87-0.9-0.86-0.71-0.97-0.97-0.91-0.96
Click cells to compare fundamentals

Mega Info Account Relationship Matchups

Mega Info fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets908.5M1.3B3.6B4.4B5.1B5.4B
Total Current Liabilities213.9M247.9M260.4M401.6M461.9M258.1M
Total Stockholder Equity623.4M864.0M2.9B3.0B3.5B1.8B
Retained Earnings388.3M629.0M772.4M857.4M986.0M655.8M
Accounts Payable25.2M25.1M29.4M28.4M32.6M29.4M
Cash334.7M521.0M2.5B2.5B2.9B3.0B
Non Current Assets Total356.2M464.1M774.2M1.5B1.7B1.8B
Non Currrent Assets Other9.8M2.1M1.0M6.1M7.1M4.5M
Net Receivables166.9M210.2M285.1M317.1M364.6M250.5M
Non Current Liabilities Total71.3M139.6M439.3M1.0B1.2B1.2B
Total Liab285.1M387.5M699.7M1.4B1.6B1.7B
Net Invested Capital623.4M864.0M2.9B3.0B3.5B1.8B
Total Current Assets552.3M787.4M2.8B2.9B3.4B3.5B
Net Working Capital338.4M539.5M2.6B2.5B2.9B3.0B
Intangible Assets252.6K210.0K664.3K559.7K643.6K378.9K

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Other Information on Investing in Mega Stock

Balance Sheet is a snapshot of the financial position of Mega info Media at a specified time, usually calculated after every quarter, six months, or one year. Mega Info Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mega Info and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mega currently owns. An asset can also be divided into two categories, current and non-current.