Marygold Non Currrent Assets Other vs Total Assets Analysis
MGLD Stock | USD 1.51 0.03 2.03% |
Marygold Companies financial indicator trend analysis is infinitely more than just investigating Marygold Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marygold Companies is a good investment. Please check the relationship between Marygold Companies Non Currrent Assets Other and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marygold Companies. 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 information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marygold Companies Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marygold Companies' Non Currrent Assets Other and Total Assets is 0.52. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Marygold Companies, assuming nothing else is changed. The correlation between historical values of Marygold Companies' Non Currrent Assets Other and Total 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 Non Currrent Assets Other of Marygold Companies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Marygold Companies' Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of Marygold Companies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Marygold Companies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Marygold Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marygold Companies 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 Marygold Companies. 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 information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.At present, Marygold Companies' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 31.5K | 19.9K | 16K | 15.2K | Depreciation And Amortization | 32.9M | 33.5M | 585K | 555.8K |
Marygold Companies fundamental ratios Correlations
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Marygold Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marygold Companies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.4M | 31.5M | 35.3M | 35.3M | 32.9M | 34.5M | |
Total Current Liabilities | 3.6M | 5.1M | 4.8M | 4.2M | 5.2M | 5.5M | |
Total Stockholder Equity | 19.1M | 25.3M | 29.0M | 30.4M | 26.6M | 27.9M | |
Net Debt | (8.1M) | (14.0M) | (11.0M) | (6.9M) | (4.1M) | (4.3M) | |
Retained Earnings | 9.9M | 15.8M | 16.9M | 18.1M | 14.0M | 14.7M | |
Accounts Payable | 1.4M | 1.7M | 2.0M | 1.3M | 2.0M | 2.1M | |
Cash | 9.8M | 16.1M | 12.9M | 8.2M | 5.5M | 3.5M | |
Cash And Short Term Investments | 11.6M | 17.9M | 18.0M | 19.6M | 15.0M | 15.8M | |
Common Stock Shares Outstanding | 38.5M | 38.5M | 39.0M | 40.4M | 40.4M | 42.4M | |
Liabilities And Stockholders Equity | 24.4M | 31.5M | 35.3M | 35.3M | 32.9M | 34.5M | |
Non Current Liabilities Total | 1.7M | 1.2M | 1.5M | 711.3K | 1.1M | 980.8K | |
Total Liab | 5.3M | 6.2M | 6.3M | 4.9M | 6.3M | 6.6M | |
Total Current Assets | 17.6M | 24.1M | 25.2M | 26.8M | 24.3M | 25.5M | |
Common Stock | 37.2K | 37.4K | 37.5K | 39.4K | 40K | 38K | |
Short Long Term Debt Total | 1.7M | 2.1M | 1.9M | 1.3M | 1.4M | 732.1K | |
Other Current Liab | 1.9M | 2.0M | 1.9M | 3.7M | 2.2M | 2.3M | |
Property Plant And Equipment Net | 1.9M | 2.6M | 2.7M | 2.1M | 2.1M | 2.2M | |
Non Current Assets Total | 6.8M | 7.4M | 10.1M | 8.5M | 8.6M | 9.1M | |
Other Current Assets | 209.5K | 1.1M | 1.9M | 15.0K | 4.4M | 4.6M | |
Accumulated Other Comprehensive Income | (144.7K) | 142.6K | (234.8K) | (144.8K) | (269K) | (255.6K) | |
Short Term Debt | 340.1K | 1.1M | 676.1K | 816.1K | 935K | 981.8K | |
Other Stockholder Equity | 9.3M | 9.3M | 12.3M | 12.4M | 12.8M | 6.6M | |
Intangible Assets | 2.5M | 2.3M | 2.7M | 2.3M | 1.4M | 2.1M | |
Net Receivables | 3.3M | 3.1M | 3.2M | 4.0M | 2.7M | 1.5M | |
Non Currrent Assets Other | 36.5K | 54.1K | 1.1M | 477.2K | 179K | 188.0K | |
Inventory | 1.2M | 2.0M | 2.2M | 2.3M | 2.2M | 2.3M | |
Short Term Investments | 1.8M | 1.8M | 5.1M | 11.5M | 9.6M | 10.0M | |
Other Liab | 128.5K | 169.4K | 260.6K | 242.3K | 278.6K | 217.4K | |
Net Tangible Assets | 15.7M | 21.9M | 24.0M | 25.7M | 29.6M | 20.9M | |
Other Assets | 803.9K | 881.6K | 1.8M | 500.0 | 450.0 | 427.5 | |
Long Term Debt | 959.8K | 379.8K | 459.2K | 88.5K | 70K | 66.5K | |
Net Invested Capital | 20.1M | 26.3M | 29.5M | 30.8M | 27.0M | 26.6M | |
Short Long Term Debt | 16.7K | 618.6K | 33.5K | 358.8K | 333K | 226.4K | |
Net Working Capital | 14.0M | 19.0M | 20.4M | 22.6M | 19.0M | 18.7M | |
Property Plant Equipment | 1.9M | 2.6M | 2.7M | 2.1M | 2.4M | 2.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Marygold Companies is a strong investment it is important to analyze Marygold Companies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Marygold Companies' future performance. For an informed investment choice regarding Marygold Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marygold Companies. 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 information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marygold Companies. If investors know Marygold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marygold Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share (0.13) | Revenue Per Share 0.823 | Quarterly Revenue Growth (0.04) | Return On Assets (0.13) |
The market value of Marygold Companies is measured differently than its book value, which is the value of Marygold that is recorded on the company's balance sheet. Investors also form their own opinion of Marygold Companies' value that differs from its market value or its book value, called intrinsic value, which is Marygold Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marygold Companies' market value can be influenced by many factors that don't directly affect Marygold Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marygold Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marygold Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marygold Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.