688310 Stock | | | 13.23 0.04 0.30% |
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 Ebitda and its Selling General Administrative 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maider Medical Industry Ebitda account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Maider Medical's Ebitda and Selling General Administrative is 0.95. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Selling General Administrative 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 Ebitda and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Maider Medical Industry are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Ebitda i.e., Maider Medical's Ebitda and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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 13, 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
MBalance 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.