| MCHX Stock | | | USD 2.12 0.06 2.91% |
Marchex financial indicator trend analysis is infinitely more than just investigating Marchex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marchex is a good investment. Please check the relationship between Marchex Net Income and its Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Marchex Stock please use our
How to Invest in Marchex guide.
Net Income vs Depreciation
Net Income vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marchex Net Income account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Marchex's Net Income and Depreciation is -0.04. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Marchex, assuming nothing else is changed. The correlation between historical values of Marchex's Net Income and Depreciation 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 Income of Marchex are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Marchex's Net Income and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Marchex financial statement analysis. It represents the amount of money remaining after all of Marchex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Depreciation
Depreciation indicates how much of Marchex value has been used up. For tax purposes Marchex can deduct the cost of the tangible assets it purchases as business expenses. However, Marchex 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.
Most indicators from Marchex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marchex 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 Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Marchex Stock please use our
How to Invest in Marchex guide.At this time, Marchex's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 168
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 9.7
M in 2024.
Marchex fundamental ratios Correlations
Click cells to compare fundamentals
Marchex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marchex fundamental ratios Accounts
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Additional Tools for Marchex Stock Analysis
When running Marchex's price analysis, check to
measure Marchex'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 Marchex is operating at the current time. Most of Marchex's value examination focuses on studying past and present price action to
predict the probability of Marchex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marchex's price. Additionally, you may evaluate how the addition of Marchex to your portfolios can decrease your overall portfolio volatility.