MDLZ Stock | | | USD 61.75 0.31 0.50% |
Mondelez International financial indicator trend analysis is infinitely more than just investigating Mondelez International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mondelez International is a good investment. Please check the relationship between Mondelez International Property Plant And Equipment Net and its Non Current Liabilities Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mondelez International. 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.
For more information on how to buy Mondelez Stock please use our
How to Invest in Mondelez International guide.
Property Plant And Equipment Net vs Non Current Liabilities Total
Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mondelez International Property Plant And Equipment Net account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mondelez International's Property Plant And Equipment Net and Non Current Liabilities Total is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Mondelez International, assuming nothing else is changed. The correlation between historical values of Mondelez International's Property Plant And Equipment Net and Non Current Liabilities Total 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 Net of Mondelez International are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., Mondelez International's Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Non Current Liabilities Total
Most indicators from Mondelez International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mondelez International 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 Mondelez International. 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.
For more information on how to buy Mondelez Stock please use our
How to Invest in Mondelez International guide.At this time, Mondelez International's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 122.7
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 5.7
B in 2024.
Mondelez International fundamental ratios Correlations
Click cells to compare fundamentals
Mondelez International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mondelez International fundamental ratios Accounts
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