Marssenger Accounts Payable vs Cash Analysis

300894 Stock

15.43 0.77 5.25%

Marssenger Kitchenware financial indicator trend analysis is infinitely more than just investigating Marssenger Kitchenware recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marssenger Kitchenware is a good investment. Please check the relationship between Marssenger Kitchenware Accounts Payable and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Marssenger Kitchenware Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marssenger Kitchenware Accounts Payable account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Marssenger Kitchenware's Accounts Payable and Cash is 0.82. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Marssenger Kitchenware Co, assuming nothing else is changed. The correlation between historical values of Marssenger Kitchenware's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Marssenger Kitchenware Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Marssenger Kitchenware's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Accounts Payable

An accounting item on the balance sheet that represents Marssenger Kitchenware obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Marssenger Kitchenware are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Marssenger Kitchenware, which is listed under current asset account on Marssenger Kitchenware Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Marssenger Kitchenware customers. The amounts must be unrestricted with restricted cash listed in a different Marssenger Kitchenware 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.

Most indicators from Marssenger Kitchenware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marssenger Kitchenware 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Marssenger Kitchenware Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 33.8 M, whereas Selling General Administrative is forecasted to decline to about 536.4 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	18.8M	20.6M	25.8M	16.2M
Tax Provision	60.1M	38.3M	28.4M	33.8M

Net Interest Income Tax Provision

Marssenger Kitchenware fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Short Term Investments
Total Assets		-0.89	0.99	0.98	0.98	0.87	0.98	0.97	0.73	0.94	0.9	0.88	0.97	-0.12	0.97	1.0	0.83	1.0	0.9	0.92	0.99	0.9	0.91	0.72	0.92	0.23
Other Current Liab	-0.89		-0.93	-0.83	-0.8	-0.62	-0.91	-0.96	-0.91	-0.91	-0.83	-0.9	-0.77	0.45	-0.92	-0.88	-0.94	-0.86	-0.83	-0.79	-0.83	-0.89	-0.96	-0.39	-0.96	0.12
Total Current Liabilities	0.99	-0.93		0.97	0.96	0.85	0.99	0.99	0.81	0.92	0.91	0.87	0.94	-0.14	0.96	0.98	0.84	0.98	0.91	0.94	0.96	0.89	0.93	0.67	0.94	0.1
Total Stockholder Equity	0.98	-0.83	0.97		1.0	0.92	0.98	0.92	0.71	0.85	0.93	0.8	0.99	0.02	0.91	0.97	0.75	0.99	0.93	0.95	0.98	0.81	0.84	0.74	0.85	0.2
Retained Earnings	0.98	-0.8	0.96	1.0		0.94	0.96	0.91	0.69	0.84	0.93	0.79	0.99	0.07	0.9	0.96	0.72	0.98	0.93	0.96	0.98	0.79	0.84	0.78	0.84	0.22
Accounts Payable	0.87	-0.62	0.85	0.92	0.94		0.82	0.79	0.59	0.67	0.88	0.67	0.95	0.35	0.76	0.84	0.56	0.88	0.88	0.93	0.88	0.64	0.72	0.89	0.72	0.27
Cash	0.98	-0.91	0.99	0.98	0.96	0.82		0.95	0.77	0.9	0.91	0.82	0.94	-0.15	0.94	0.97	0.81	0.98	0.91	0.92	0.96	0.84	0.88	0.61	0.89	0.09
Non Current Assets Total	0.97	-0.96	0.99	0.92	0.91	0.79	0.95		0.84	0.94	0.85	0.9	0.89	-0.22	0.97	0.96	0.87	0.95	0.85	0.91	0.92	0.93	0.97	0.63	0.98	0.06
Non Currrent Assets Other	0.73	-0.91	0.81	0.71	0.69	0.59	0.77	0.84		0.68	0.82	0.73	0.64	-0.3	0.72	0.7	0.8	0.7	0.82	0.78	0.64	0.66	0.88	0.28	0.85	-0.45
Net Receivables	0.94	-0.91	0.92	0.85	0.84	0.67	0.9	0.94	0.68		0.75	0.95	0.83	-0.39	0.99	0.95	0.91	0.92	0.75	0.75	0.92	0.99	0.92	0.57	0.95	0.29
Common Stock Shares Outstanding	0.9	-0.83	0.91	0.93	0.93	0.88	0.91	0.85	0.82	0.75		0.79	0.93	-0.04	0.82	0.88	0.79	0.9	1.0	0.89	0.89	0.71	0.84	0.6	0.81	0.0
Non Current Liabilities Total	0.88	-0.9	0.87	0.8	0.79	0.67	0.82	0.9	0.73	0.95	0.79		0.8	-0.43	0.94	0.9	0.97	0.87	0.79	0.7	0.86	0.96	0.95	0.53	0.94	0.24
Inventory	0.97	-0.77	0.94	0.99	0.99	0.95	0.94	0.89	0.64	0.83	0.93	0.8		0.08	0.89	0.96	0.72	0.98	0.93	0.93	0.98	0.79	0.81	0.8	0.82	0.3
Other Current Assets	-0.12	0.45	-0.14	0.02	0.07	0.35	-0.15	-0.22	-0.3	-0.39	-0.04	-0.43	0.08		-0.28	-0.16	-0.58	-0.09	-0.04	0.18	-0.08	-0.41	-0.32	0.5	-0.32	0.15
Total Liab	0.97	-0.92	0.96	0.91	0.9	0.76	0.94	0.97	0.72	0.99	0.82	0.94	0.89	-0.28		0.98	0.89	0.96	0.81	0.84	0.95	0.98	0.94	0.65	0.96	0.25
Net Invested Capital	1.0	-0.88	0.98	0.97	0.96	0.84	0.97	0.96	0.7	0.95	0.88	0.9	0.96	-0.16	0.98		0.85	1.0	0.88	0.89	0.99	0.92	0.9	0.71	0.92	0.28
Short Long Term Debt	0.83	-0.94	0.84	0.75	0.72	0.56	0.81	0.87	0.8	0.91	0.79	0.97	0.72	-0.58	0.89	0.85		0.81	0.79	0.64	0.8	0.92	0.93	0.34	0.92	0.06
Total Current Assets	1.0	-0.86	0.98	0.99	0.98	0.88	0.98	0.95	0.7	0.92	0.9	0.87	0.98	-0.09	0.96	1.0	0.81		0.9	0.91	1.0	0.89	0.88	0.73	0.9	0.27
Capital Stock	0.9	-0.83	0.91	0.93	0.93	0.88	0.91	0.85	0.82	0.75	1.0	0.79	0.93	-0.04	0.81	0.88	0.79	0.9		0.89	0.89	0.71	0.84	0.6	0.81	0.0
Non Current Liabilities Other	0.92	-0.79	0.94	0.95	0.96	0.93	0.92	0.91	0.78	0.75	0.89	0.7	0.93	0.18	0.84	0.89	0.64	0.91	0.89		0.89	0.71	0.84	0.77	0.84	0.01
Net Working Capital	0.99	-0.83	0.96	0.98	0.98	0.88	0.96	0.92	0.64	0.92	0.89	0.86	0.98	-0.08	0.95	0.99	0.8	1.0	0.89	0.89		0.88	0.85	0.75	0.87	0.34
Intangible Assets	0.9	-0.89	0.89	0.81	0.79	0.64	0.84	0.93	0.66	0.99	0.71	0.96	0.79	-0.41	0.98	0.92	0.92	0.89	0.71	0.71	0.88		0.93	0.57	0.95	0.31
Property Plant And Equipment Net	0.91	-0.96	0.93	0.84	0.84	0.72	0.88	0.97	0.88	0.92	0.84	0.95	0.81	-0.32	0.94	0.9	0.93	0.88	0.84	0.84	0.85	0.93		0.55	0.99	0.0
Capital Lease Obligations	0.72	-0.39	0.67	0.74	0.78	0.89	0.61	0.63	0.28	0.57	0.6	0.53	0.8	0.5	0.65	0.71	0.34	0.73	0.6	0.77	0.75	0.57	0.55		0.58	0.54
Property Plant And Equipment Gross	0.92	-0.96	0.94	0.85	0.84	0.72	0.89	0.98	0.85	0.95	0.81	0.94	0.82	-0.32	0.96	0.92	0.92	0.9	0.81	0.84	0.87	0.95	0.99	0.58		0.05
Short Term Investments	0.23	0.12	0.1	0.2	0.22	0.27	0.09	0.06	-0.45	0.29	0.0	0.24	0.3	0.15	0.25	0.28	0.06	0.27	0.0	0.01	0.34	0.31	0.0	0.54	0.05

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Marssenger Kitchenware Account Relationship Matchups

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Balance Sheet is a snapshot of the financial position of Marssenger Kitchenware at a specified time, usually calculated after every quarter, six months, or one year. Marssenger Kitchenware Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Marssenger Kitchenware 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 Marssenger currently owns. An asset can also be divided into two categories, current and non-current.

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Marssenger Accounts Payable vs Cash Analysis

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash

Marssenger Kitchenware fundamental ratios Correlations

Marssenger Kitchenware Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Marssenger Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Assets	+ 1.0	Net Invested Capital
Net Working Capital	+ 1.0	Total Current Assets

Property Plant And Equipment Gross	- 0.96	Other Current Liab
Property Plant And Equipment Net	- 0.96	Other Current Liab
Non Current Assets Total	- 0.96	Other Current Liab
Short Long Term Debt	- 0.94	Other Current Liab
Total Current Liabilities	- 0.93	Other Current Liab
Total Liab	- 0.92	Other Current Liab