Mobileye Net Working Capital vs Net Tangible Assets Analysis

MBLY Stock  USD 17.51  0.21  1.19%   
Mobileye Global financial indicator trend analysis is infinitely more than just investigating Mobileye Global Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mobileye Global Class is a good investment. Please check the relationship between Mobileye Global Net Working Capital and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mobileye Global Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Working Capital vs Net Tangible Assets

Net Working Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mobileye Global Class Net Working Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mobileye Global's Net Working Capital and Net Tangible Assets is 0.24. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Mobileye Global Class, assuming nothing else is changed. The correlation between historical values of Mobileye Global's Net Working Capital and Net Tangible 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 Net Working Capital of Mobileye Global Class are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Working Capital i.e., Mobileye Global's Net Working Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Working Capital

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Mobileye Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mobileye Global Class 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 Mobileye Global Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Mobileye Global's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 75.55 in 2024, whereas Tax Provision is likely to drop slightly above 17.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3M24M4M3.8M
Depreciation And Amortization526M567M513M529.5M

Mobileye Global fundamental ratios Correlations

-0.97-0.290.51-0.97-0.580.680.48-0.610.50.45-0.95-0.55-0.460.45-0.46-0.93-0.80.30.50.61-0.53-0.970.480.44-0.63
-0.970.39-0.551.00.74-0.83-0.630.74-0.64-0.610.980.590.66-0.610.660.930.9-0.4-0.66-0.750.511.0-0.61-0.370.8
-0.290.390.40.360.33-0.41-0.160.13-0.13-0.10.280.530.5-0.10.430.390.28-0.51-0.15-0.120.810.36-0.120.420.42
0.51-0.550.4-0.58-0.70.650.8-0.840.820.81-0.68-0.36-0.510.81-0.55-0.57-0.760.340.780.830.43-0.580.820.83-0.62
-0.971.00.36-0.580.75-0.84-0.650.77-0.67-0.630.990.590.67-0.630.670.930.91-0.4-0.69-0.770.481.0-0.64-0.40.81
-0.580.740.33-0.70.75-0.99-0.970.97-0.97-0.970.790.650.97-0.970.970.730.94-0.7-0.97-0.970.050.75-0.94-0.410.99
0.68-0.83-0.410.65-0.84-0.990.93-0.950.930.92-0.86-0.67-0.960.92-0.96-0.8-0.970.670.940.95-0.2-0.840.90.37-1.0
0.48-0.63-0.160.8-0.65-0.970.93-0.981.00.99-0.72-0.66-0.910.99-0.91-0.67-0.90.730.970.970.16-0.650.990.56-0.92
-0.610.740.13-0.840.770.97-0.95-0.98-0.99-0.980.820.610.89-0.980.90.740.96-0.63-0.98-1.0-0.080.77-0.97-0.570.94
0.5-0.64-0.130.82-0.67-0.970.931.0-0.990.99-0.74-0.64-0.90.99-0.9-0.68-0.910.710.970.970.17-0.670.990.58-0.92
0.45-0.61-0.10.81-0.63-0.970.920.99-0.980.99-0.7-0.55-0.91.0-0.92-0.61-0.890.640.990.980.21-0.630.970.52-0.92
-0.950.980.28-0.680.990.79-0.86-0.720.82-0.74-0.70.650.67-0.70.670.960.94-0.48-0.72-0.810.360.99-0.72-0.540.81
-0.550.590.53-0.360.590.65-0.67-0.660.61-0.64-0.550.650.62-0.550.540.820.67-0.94-0.49-0.540.310.59-0.71-0.530.61
-0.460.660.5-0.510.670.97-0.96-0.910.89-0.9-0.90.670.62-0.90.990.620.86-0.71-0.93-0.890.140.67-0.86-0.190.97
0.45-0.61-0.10.81-0.63-0.970.920.99-0.980.991.0-0.7-0.55-0.9-0.92-0.61-0.890.640.990.980.21-0.630.970.52-0.92
-0.460.660.43-0.550.670.97-0.96-0.910.9-0.9-0.920.670.540.99-0.920.590.86-0.63-0.95-0.910.090.67-0.86-0.180.98
-0.930.930.39-0.570.930.73-0.8-0.670.74-0.68-0.610.960.820.62-0.610.590.88-0.63-0.61-0.710.440.93-0.69-0.580.74
-0.80.90.28-0.760.910.94-0.97-0.90.96-0.91-0.890.940.670.86-0.890.860.88-0.61-0.91-0.950.170.91-0.89-0.530.95
0.3-0.4-0.510.34-0.4-0.70.670.73-0.630.710.64-0.48-0.94-0.710.64-0.63-0.63-0.610.570.57-0.1-0.40.770.45-0.64
0.5-0.66-0.150.78-0.69-0.970.940.97-0.980.970.99-0.72-0.49-0.930.99-0.95-0.61-0.910.570.990.12-0.690.930.43-0.95
0.61-0.75-0.120.83-0.77-0.970.950.97-1.00.970.98-0.81-0.54-0.890.98-0.91-0.71-0.950.570.990.08-0.770.940.52-0.95
-0.530.510.810.430.480.05-0.20.16-0.080.170.210.360.310.140.210.090.440.17-0.10.120.080.480.190.40.18
-0.971.00.36-0.581.00.75-0.84-0.650.77-0.67-0.630.990.590.67-0.630.670.930.91-0.4-0.69-0.770.48-0.64-0.40.81
0.48-0.61-0.120.82-0.64-0.940.90.99-0.970.990.97-0.72-0.71-0.860.97-0.86-0.69-0.890.770.930.940.19-0.640.65-0.88
0.44-0.370.420.83-0.4-0.410.370.56-0.570.580.52-0.54-0.53-0.190.52-0.18-0.58-0.530.450.430.520.4-0.40.65-0.3
-0.630.80.42-0.620.810.99-1.0-0.920.94-0.92-0.920.810.610.97-0.920.980.740.95-0.64-0.95-0.950.180.81-0.88-0.3
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Mobileye Global Account Relationship Matchups

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