| 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 Total Current Liabilities and its Operating Income 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.
Total Current Liabilities vs Operating Income
Total Current Liabilities vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maider Medical Industry Total Current Liabilities account and
Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Maider Medical's Total Current Liabilities and Operating Income is 0.82. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Operating Income 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 Total Current Liabilities and Operating 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 Current Liabilities of Maider Medical Industry are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Current Liabilities i.e., Maider Medical's Total Current Liabilities and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Maider Medical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Maider Medical Industry are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Operating Income
Operating Income is the amount of profit realized from Maider Medical Industry operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Maider Medical Industry is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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
Click cells to compare fundamentals
Maider Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maider Medical fundamental ratios Accounts
Currently Active Assets on Macroaxis
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.