MKDWELL Non Current Liabilities Total vs Cash And Short Term Investments Analysis

MKDW Stock   0.96  0  0.42%   
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Ordinary is a good investment. Please check the relationship between MKDWELL Tech Non Current Liabilities Total and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Non Current Liabilities Total vs Cash And Short Term Investments

Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Non Current Liabilities Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MKDWELL Tech's Non Current Liabilities Total and Cash And Short Term Investments is -0.54. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of MKDWELL Tech Ordinary, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Non Current Liabilities Total and Cash And Short Term Investments 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 Current Liabilities Total of MKDWELL Tech Ordinary are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., MKDWELL Tech's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of MKDWELL Tech Ordinary balance sheet. This account contains MKDWELL Tech investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MKDWELL Tech Ordinary 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.
Most indicators from MKDWELL Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MKDWELL Tech Ordinary 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 MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative is likely to drop to about 1.2 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.26 in 2024
 2010 2022 2023 2024 (projected)
Interest Expense304.1K390.0K244.4K250.3K
Depreciation And Amortization600.6K528.1K563.0K451.1K

MKDWELL Tech fundamental ratios Correlations

-0.440.860.94-0.84-0.13-0.66-0.470.860.96-0.340.970.850.95-0.34-0.640.80.940.930.910.89-0.730.970.62-0.59-0.62
-0.44-0.59-0.130.510.630.891.0-0.83-0.240.99-0.65-0.82-0.590.990.93-0.82-0.59-0.7-0.45-0.620.93-0.32-0.970.970.89
0.86-0.590.8-0.990.08-0.88-0.590.890.87-0.580.880.930.97-0.58-0.840.670.980.950.981.0-0.770.90.66-0.61-0.86
0.94-0.130.8-0.820.2-0.46-0.150.650.99-0.050.820.670.87-0.05-0.410.540.860.80.90.81-0.460.980.32-0.27-0.42
-0.840.51-0.99-0.82-0.180.840.51-0.84-0.880.51-0.84-0.88-0.950.510.79-0.6-0.96-0.92-0.99-0.980.7-0.91-0.580.530.82
-0.130.630.080.2-0.180.240.66-0.380.160.53-0.31-0.3-0.070.530.34-0.66-0.04-0.20.160.010.560.1-0.670.710.24
-0.660.89-0.88-0.460.840.240.88-0.93-0.570.89-0.8-0.95-0.840.890.99-0.77-0.84-0.88-0.78-0.890.92-0.64-0.880.851.0
-0.471.0-0.59-0.150.510.660.88-0.85-0.260.97-0.68-0.83-0.610.970.92-0.85-0.6-0.71-0.46-0.630.95-0.35-0.980.980.88
0.86-0.830.890.65-0.84-0.38-0.93-0.850.74-0.780.961.00.93-0.78-0.930.930.930.980.840.92-0.970.790.92-0.89-0.91
0.96-0.240.870.99-0.880.16-0.57-0.260.74-0.180.870.760.92-0.18-0.520.60.920.860.950.88-0.551.00.41-0.37-0.54
-0.340.99-0.58-0.050.510.530.890.97-0.78-0.18-0.57-0.77-0.541.00.93-0.72-0.54-0.64-0.42-0.60.88-0.26-0.920.910.91
0.97-0.650.880.82-0.84-0.31-0.8-0.680.960.87-0.570.950.96-0.57-0.790.910.950.980.880.92-0.880.90.8-0.78-0.77
0.85-0.820.930.67-0.88-0.3-0.95-0.831.00.76-0.770.950.95-0.77-0.940.890.950.980.870.95-0.950.810.89-0.86-0.93
0.95-0.590.970.87-0.95-0.07-0.84-0.610.930.92-0.540.960.95-0.54-0.810.791.00.990.970.99-0.820.950.71-0.67-0.81
-0.340.99-0.58-0.050.510.530.890.97-0.78-0.181.0-0.57-0.77-0.540.93-0.72-0.54-0.64-0.42-0.60.88-0.26-0.920.910.91
-0.640.93-0.84-0.410.790.340.990.92-0.93-0.520.93-0.79-0.94-0.810.93-0.81-0.81-0.87-0.73-0.850.95-0.59-0.920.90.99
0.8-0.820.670.54-0.6-0.66-0.77-0.850.930.6-0.720.910.890.79-0.72-0.810.770.860.630.73-0.950.650.94-0.93-0.75
0.94-0.590.980.86-0.96-0.04-0.84-0.60.930.92-0.540.950.951.0-0.54-0.810.770.990.980.99-0.810.950.7-0.66-0.82
0.93-0.70.950.8-0.92-0.2-0.88-0.710.980.86-0.640.980.980.99-0.64-0.870.860.990.930.97-0.890.90.81-0.77-0.86
0.91-0.450.980.9-0.990.16-0.78-0.460.840.95-0.420.880.870.97-0.42-0.730.630.980.930.98-0.690.960.56-0.51-0.76
0.89-0.621.00.81-0.980.01-0.89-0.630.920.88-0.60.920.950.99-0.6-0.850.730.990.970.98-0.810.910.71-0.66-0.87
-0.730.93-0.77-0.460.70.560.920.95-0.97-0.550.88-0.88-0.95-0.820.880.95-0.95-0.81-0.89-0.69-0.81-0.62-0.990.980.91
0.97-0.320.90.98-0.910.1-0.64-0.350.791.0-0.260.90.810.95-0.26-0.590.650.950.90.960.91-0.620.49-0.45-0.6
0.62-0.970.660.32-0.58-0.67-0.88-0.980.920.41-0.920.80.890.71-0.92-0.920.940.70.810.560.71-0.990.49-1.0-0.88
-0.590.97-0.61-0.270.530.710.850.98-0.89-0.370.91-0.78-0.86-0.670.910.9-0.93-0.66-0.77-0.51-0.660.98-0.45-1.00.85
-0.620.89-0.86-0.420.820.241.00.88-0.91-0.540.91-0.77-0.93-0.810.910.99-0.75-0.82-0.86-0.76-0.870.91-0.6-0.880.85
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MKDWELL Tech Account Relationship Matchups

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