Marssenger Capital Lease Obligations vs Non Current Liabilities Other 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 Capital Lease Obligations and its Non Current Liabilities Other 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.
Capital Lease Obligations vs Non Current Liabilities Other
Capital Lease Obligations vs Non Current Liabilities Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marssenger Kitchenware Capital Lease Obligations account and Non Current Liabilities Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marssenger Kitchenware's Capital Lease Obligations and Non Current Liabilities Other is 0.77. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Non Current Liabilities Other 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 Capital Lease Obligations and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Marssenger Kitchenware Co are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Capital Lease Obligations i.e., Marssenger Kitchenware's Capital Lease Obligations and Non Current Liabilities Other go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Lease Obligations
Marssenger Kitchenware capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Marssenger Kitchenware asset purchases. For example, Marssenger Kitchenware can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Marssenger Kitchenware control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Non Current Liabilities Other
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 |
Marssenger Kitchenware fundamental ratios Correlations
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Marssenger Kitchenware Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.