688310 Stock | | | 13.19 0.13 1.00% |
Maider Medical financial indicator trend analysis is infinitely more than just investigating Maider Medical Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maider Medical Industry is a good investment. Please check the relationship between Maider Medical Capital Lease Obligations and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Maider Medical Industry. 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.
Capital Lease Obligations vs Cash
Capital Lease Obligations vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maider Medical Industry Capital Lease Obligations account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Maider Medical's Capital Lease Obligations and Cash is -0.36. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash in the same time period over historical financial statements of Maider Medical Industry, assuming nothing else is changed. The correlation between historical values of Maider Medical's Capital Lease Obligations 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 Capital Lease Obligations of Maider Medical Industry 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 Capital Lease Obligations i.e., Maider Medical's Capital Lease Obligations and Cash go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Lease Obligations
Maider Medical Industry capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Maider Medical asset purchases. For example, Maider Medical can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Maider Medical 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.
Cash
Cash refers to the most liquid asset of Maider Medical Industry, which is listed under current asset account on Maider Medical Industry balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Maider Medical customers. The amounts must be unrestricted with restricted cash listed in a different Maider Medical 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 Maider Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maider Medical Industry 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 Maider Medical Industry. 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.
As of December 11, 2024,
Tax Provision is expected to decline to about 10.4
M. In addition to that,
Selling General Administrative is expected to decline to about 40.9
MMaider Medical fundamental ratios Correlations
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Maider Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maider Medical fundamental ratios Accounts
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Other Information on Investing in Maider Stock
Balance Sheet is a snapshot of the
financial position of Maider Medical Industry at a specified time, usually calculated after every quarter, six months, or one year. Maider Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maider Medical 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 Maider currently owns. An asset can also be divided into two categories, current and non-current.