Mega Property Plant And Equipment Gross vs Cash Analysis

301102 Stock   10.47  0.02  0.19%   
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 Property Plant And Equipment Gross and its Cash 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.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mega info Media Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mega Info's Property Plant And Equipment Gross and Cash is 0.87. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash 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 Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Mega info Media CoLtd are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., Mega Info's Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of Mega info Media, which is listed under current asset account on Mega info Media CoLtd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mega Info customers. The amounts must be unrestricted with restricted cash listed in a different Mega Info account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.