Mars Cash And Short Term Investments vs Other Current Assets Analysis

MARX Stock   6.83  0.23  3.48%   
Mars Acquisition financial indicator trend analysis is infinitely more than just investigating Mars Acquisition Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mars Acquisition Corp is a good investment. Please check the relationship between Mars Acquisition Cash And Short Term Investments and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mars Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mars Acquisition Corp Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Mars Acquisition's Cash And Short Term Investments and Other Current Assets is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Mars Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Mars Acquisition's Cash And Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Mars Acquisition Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Mars Acquisition's Cash And Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mars Acquisition Corp balance sheet. This account contains Mars Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mars Acquisition Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Mars Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mars Acquisition Corp 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 Mars Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to rise to about 629.8 K in 2024. Issuance Of Capital Stock is likely to rise to about 88 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.7K521.6K599.8K629.8K
Depreciation And Amortization2.722.7M3.1M3.3M

Mars Acquisition fundamental ratios Correlations

0.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
0.770.35-0.170.770.97-0.560.770.090.770.8-0.18-0.79-0.171.00.771.00.770.771.00.77-0.47-0.47
0.670.35-0.880.670.23-0.850.68-0.830.670.77-0.88-0.71-0.880.350.670.350.670.670.350.67-0.3-0.3
-0.72-0.17-0.88-0.72-0.130.91-0.720.96-0.72-0.661.00.721.0-0.16-0.72-0.17-0.72-0.72-0.17-0.720.540.54
1.00.770.67-0.720.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
0.770.970.23-0.130.77-0.540.770.140.770.7-0.14-0.79-0.130.970.770.970.770.770.970.77-0.5-0.5
-0.94-0.56-0.850.91-0.94-0.54-0.940.76-0.94-0.860.910.940.91-0.55-0.94-0.56-0.94-0.94-0.56-0.940.670.67
1.00.770.68-0.721.00.77-0.94-0.511.00.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
-0.50.09-0.830.96-0.50.140.76-0.51-0.5-0.470.960.510.960.1-0.50.09-0.5-0.510.09-0.50.370.37
1.00.770.67-0.721.00.77-0.941.0-0.50.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
0.920.80.77-0.660.920.7-0.860.92-0.470.92-0.66-0.91-0.660.790.920.80.920.920.80.92-0.69-0.69
-0.72-0.18-0.881.0-0.72-0.140.91-0.720.96-0.72-0.660.721.0-0.17-0.72-0.18-0.72-0.72-0.18-0.720.530.53
-0.99-0.79-0.710.72-0.99-0.790.94-0.990.51-0.99-0.910.720.72-0.78-0.99-0.79-0.99-0.99-0.79-0.990.690.69
-0.72-0.17-0.881.0-0.72-0.130.91-0.720.96-0.72-0.661.00.72-0.16-0.72-0.17-0.72-0.72-0.17-0.720.540.54
0.761.00.35-0.160.760.97-0.550.760.10.760.79-0.17-0.78-0.160.761.00.760.761.00.76-0.45-0.45
1.00.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.760.771.01.00.771.0-0.79-0.79
0.771.00.35-0.170.770.97-0.560.770.090.770.8-0.18-0.79-0.171.00.770.770.771.00.77-0.47-0.47
1.00.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.00.771.0-0.79-0.79
1.00.770.67-0.721.00.77-0.941.0-0.511.00.92-0.72-0.99-0.720.761.00.771.00.771.0-0.79-0.79
0.771.00.35-0.170.770.97-0.560.770.090.770.8-0.18-0.79-0.171.00.771.00.770.770.77-0.47-0.47
1.00.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.01.00.77-0.79-0.79
-0.79-0.47-0.30.54-0.79-0.50.67-0.790.37-0.79-0.690.530.690.54-0.45-0.79-0.47-0.79-0.79-0.47-0.791.0
-0.79-0.47-0.30.54-0.79-0.50.67-0.790.37-0.79-0.690.530.690.54-0.45-0.79-0.47-0.79-0.79-0.47-0.791.0
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Mars Acquisition Account Relationship Matchups

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