MondayCom Capital Lease Obligations vs Non Currrent Assets Other Analysis
MNDY Stock | USD 270.84 0.01 0% |
MondayCom financial indicator trend analysis is infinitely more than just investigating MondayCom recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MondayCom is a good investment. Please check the relationship between MondayCom Capital Lease Obligations and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MondayCom. 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. For more information on how to buy MondayCom Stock please use our How to Invest in MondayCom guide.
Capital Lease Obligations vs Non Currrent Assets Other
Capital Lease Obligations vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MondayCom Capital Lease Obligations account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between MondayCom's Capital Lease Obligations and Non Currrent Assets Other is -0.87. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of MondayCom, assuming nothing else is changed. The correlation between historical values of MondayCom's Capital Lease Obligations and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of MondayCom are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Capital Lease Obligations i.e., MondayCom's Capital Lease Obligations and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Capital Lease Obligations
MondayCom capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to MondayCom asset purchases. For example, MondayCom can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as MondayCom control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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.Most indicators from MondayCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MondayCom 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 MondayCom. 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. For more information on how to buy MondayCom Stock please use our How to Invest in MondayCom guide.At this time, MondayCom's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 659.02 in 2024, whereas Tax Provision is likely to drop slightly above 4.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.7M | 8.6M | 9.0M | 5.5M | Interest Income | 875K | 18.7M | 36.3M | 38.1M |
MondayCom fundamental ratios Correlations
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MondayCom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running MondayCom's price analysis, check to measure MondayCom'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 MondayCom is operating at the current time. Most of MondayCom's value examination focuses on studying past and present price action to predict the probability of MondayCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MondayCom's price. Additionally, you may evaluate how the addition of MondayCom to your portfolios can decrease your overall portfolio volatility.