MSP Total Current Assets vs Other Current Assets Analysis
LIFWW Stock | 0.07 0.06 1,870% |
MSP Recovery financial indicator trend analysis is infinitely more than just investigating MSP Recovery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MSP Recovery is a good investment. Please check the relationship between MSP Recovery Total Current Assets and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSP Recovery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy MSP Stock please use our How to Invest in MSP Recovery guide.
Total Current Assets vs Other Current Assets
Total Current Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MSP Recovery Total Current Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MSP Recovery's Total Current Assets and Other Current Assets is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of MSP Recovery, assuming nothing else is changed. The correlation between historical values of MSP Recovery's Total Current Assets and Other Current Assets 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 Assets of MSP Recovery are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Assets i.e., MSP Recovery's Total Current Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from MSP Recovery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MSP Recovery 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSP Recovery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy MSP Stock please use our How to Invest in MSP Recovery guide.Sales General And Administrative To Revenue is likely to climb to 11.29 in 2024, whereas Selling General Administrative is likely to drop slightly above 56.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 27.0M | 121.0M | 289.2M | 303.6M | Depreciation And Amortization | 507K | 267.4M | 476.8M | 500.6M |
MSP Recovery fundamental ratios Correlations
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MSP Recovery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for MSP Stock Analysis
When running MSP Recovery's price analysis, check to measure MSP Recovery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MSP Recovery is operating at the current time. Most of MSP Recovery's value examination focuses on studying past and present price action to predict the probability of MSP Recovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MSP Recovery's price. Additionally, you may evaluate how the addition of MSP Recovery to your portfolios can decrease your overall portfolio volatility.