MUN Stock | | | CAD 0.18 0.00 0.00% |
Mundoro Capital financial indicator trend analysis is infinitely more than just investigating Mundoro Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mundoro Capital is a good investment. Please check the relationship between Mundoro Capital Total Operating Expenses and its Net Interest Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mundoro Capital. 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.
Total Operating Expenses vs Net Interest Income
Total Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mundoro Capital Total Operating Expenses account and
Net Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mundoro Capital's Total Operating Expenses and Net Interest Income is 0.79. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Mundoro Capital, assuming nothing else is changed. The correlation between historical values of Mundoro Capital's Total Operating Expenses and Net Interest Income 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 Operating Expenses of Mundoro Capital are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Operating Expenses i.e., Mundoro Capital's Total Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Mundoro Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mundoro Capital 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 Mundoro Capital. 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.
Selling General Administrative is likely to drop to about 1
M in 2024.
Tax Provision is likely to drop to about 103.7
K in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Income | 4.9K | 31.1K | 28.0K | 22.6K | Net Interest Income | 4.9K | 31.1K | 28.0K | 22.6K |
Mundoro Capital fundamental ratios Correlations
Click cells to compare fundamentals
Mundoro Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mundoro Capital fundamental ratios Accounts
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Additional Tools for Mundoro Stock Analysis
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