MUL Stock | | | 100.00 5.00 4.76% |
Mulberry Group financial indicator trend analysis is infinitely more than just investigating Mulberry Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mulberry Group PLC is a good investment. Please check the relationship between Mulberry Group Common Stock Total Equity and its Other Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mulberry 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 bureau of economic analysis.
Common Stock Total Equity vs Other Current Assets
Common Stock Total Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mulberry Group PLC Common Stock Total Equity account and
Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Mulberry Group's Common Stock Total Equity and Other Current Assets is 0.07. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Mulberry Group PLC, assuming nothing else is changed. The correlation between historical values of Mulberry Group's Common Stock Total Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Mulberry Group PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Total Equity i.e., Mulberry Group's Common Stock Total Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Mulberry Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mulberry 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 Mulberry 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 bureau of economic analysis.
As of December 10, 2024,
Selling General Administrative is expected to decline to about 72.1
M. In addition to that,
Tax Provision is expected to decline to about 812.6
KMulberry Group fundamental ratios Correlations
Click cells to compare fundamentals
Mulberry Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mulberry Group fundamental ratios Accounts
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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 Mulberry Stock
Balance Sheet is a snapshot of the
financial position of Mulberry Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Mulberry Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mulberry Group 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 Mulberry currently owns. An asset can also be divided into two categories, current and non-current.