Motisons Total Current Assets vs Selling General Administrative Analysis
MOTISONS | 27.56 0.38 1.36% |
Motisons Jewellers financial indicator trend analysis is infinitely more than just investigating Motisons Jewellers recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Motisons Jewellers is a good investment. Please check the relationship between Motisons Jewellers Total Current Assets and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motisons Jewellers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Current Assets vs Selling General Administrative
Total Current Assets vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Motisons Jewellers Total Current Assets account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Motisons Jewellers' Total Current Assets and Selling General Administrative is 0.88. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Motisons Jewellers, assuming nothing else is changed. The correlation between historical values of Motisons Jewellers' Total Current Assets and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Motisons Jewellers are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., Motisons Jewellers' Total Current Assets and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Selling General Administrative
Most indicators from Motisons Jewellers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Motisons Jewellers 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 Motisons Jewellers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of the 21st of December 2024, Selling General Administrative is likely to grow to about 118.3 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 159.3M | 177.7M | 171.5M | 182.0M | Depreciation And Amortization | 28.3M | 19.1M | 17.6M | 22.1M |
Motisons Jewellers fundamental ratios Correlations
Click cells to compare fundamentals
Motisons Jewellers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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.Other Information on Investing in Motisons Stock
Balance Sheet is a snapshot of the financial position of Motisons Jewellers at a specified time, usually calculated after every quarter, six months, or one year. Motisons Jewellers Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Motisons Jewellers and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Motisons currently owns. An asset can also be divided into two categories, current and non-current.