Multistack International financial indicator trend analysis is infinitely more than just investigating Multistack International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Multistack International is a good investment. Please check the relationship between Multistack International Cash and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multistack International. 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.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Multistack International Cash account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Multistack International's Cash and Retained Earnings is -0.27. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Multistack International, assuming nothing else is changed. The correlation between historical values of Multistack International's Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Multistack International are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Multistack International's Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Multistack International, which is listed under current asset account on Multistack International balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Multistack International customers. The amounts must be unrestricted with restricted cash listed in a different Multistack International account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Multistack International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Multistack International 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 Multistack International. 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.
At this time, Multistack International's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 44.1
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 960
K in 2024.
Multistack International fundamental ratios Correlations
Click cells to compare fundamentals
Multistack International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Multistack International fundamental ratios Accounts
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Additional Tools for Multistack Stock Analysis
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measure Multistack International'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 Multistack International is operating at the current time. Most of Multistack International's value examination focuses on studying past and present price action to
predict the probability of Multistack International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multistack International's price. Additionally, you may evaluate how the addition of Multistack International to your portfolios can decrease your overall portfolio volatility.