| MOON Stock | | | 221.00 3.00 1.38% |
Moonpig Group financial indicator trend analysis is infinitely more than just investigating Moonpig Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Moonpig Group PLC is a good investment. Please check the relationship between Moonpig Group Begin Period Cash Flow and its Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Moonpig Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Begin Period Cash Flow vs Depreciation
Begin Period Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Moonpig Group PLC Begin Period Cash Flow account and
Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Moonpig Group's Begin Period Cash Flow and Depreciation is 0.72. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Moonpig Group PLC, assuming nothing else is changed. The correlation between historical values of Moonpig Group's Begin Period Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Moonpig Group PLC are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Begin Period Cash Flow i.e., Moonpig Group's Begin Period Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Depreciation
Depreciation indicates how much of Moonpig Group PLC value has been used up. For tax purposes Moonpig Group can deduct the cost of the tangible assets it purchases as business expenses. However, Moonpig Group PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Moonpig Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Moonpig Group PLC 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 Moonpig Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 6.7
M in 2024.
Selling General Administrative is likely to drop to about 104.1
M in 2024
Moonpig Group fundamental ratios Correlations
Click cells to compare fundamentals
Moonpig Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Moonpig Group fundamental ratios Accounts
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