MKDWELL Price To Sales Ratio vs Income Quality Analysis

MKDW Stock   0.96  0.04  4.00%   
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 Price To Sales Ratio and its Income Quality 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.

Price To Sales Ratio vs Income Quality

Price To Sales Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Price To Sales Ratio account and Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MKDWELL Tech's Price To Sales Ratio and Income Quality is -0.69. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Income Quality 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 Price To Sales Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of MKDWELL Tech Ordinary are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Price To Sales Ratio i.e., MKDWELL Tech's Price To Sales Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing MKDWELL Tech Ordinary stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MKDWELL Tech sales, a figure that is much harder to manipulate than other MKDWELL Tech Ordinary multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
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
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-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
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-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
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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
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-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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