Marvel Accounts Payable vs Other Current Assets Analysis

MARV Stock  CAD 0.01  0.01  33.33%   
Marvel Discovery financial indicator trend analysis is infinitely more than just investigating Marvel Discovery Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marvel Discovery Corp is a good investment. Please check the relationship between Marvel Discovery Accounts Payable and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marvel Discovery Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marvel Discovery Corp Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Marvel Discovery's Accounts Payable and Other Current Assets is -0.36. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Marvel Discovery Corp, assuming nothing else is changed. The correlation between historical values of Marvel Discovery's Accounts Payable 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 Accounts Payable of Marvel Discovery Corp 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 Accounts Payable i.e., Marvel Discovery's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Marvel Discovery obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Marvel Discovery Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 Marvel Discovery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marvel Discovery Corp 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 Marvel Discovery Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Selling General Administrative is likely to climb to about 497.5 K in 2024. Issuance Of Capital Stock is likely to climb to about 2.8 M in 2024

Marvel Discovery fundamental ratios Correlations

-0.60.880.94-0.72-0.750.710.790.990.270.840.88-0.61.0-0.720.830.790.910.830.850.950.83-0.41
-0.6-0.75-0.720.90.9-0.85-0.7-0.55-0.8-0.9-0.851.0-0.610.91-0.82-0.9-0.83-0.34-0.66-0.77-0.10.56
0.88-0.750.84-0.74-0.830.690.890.870.350.960.83-0.750.88-0.780.930.850.850.730.970.890.67-0.76
0.94-0.720.84-0.83-0.80.720.780.920.350.850.9-0.720.95-0.830.860.870.940.830.750.920.66-0.35
-0.720.9-0.74-0.830.83-0.77-0.73-0.67-0.68-0.85-0.860.9-0.730.99-0.81-0.9-0.84-0.54-0.61-0.78-0.270.39
-0.750.9-0.83-0.80.83-0.91-0.7-0.72-0.69-0.94-0.910.9-0.750.84-0.84-0.9-0.9-0.43-0.8-0.88-0.320.48
0.71-0.850.690.72-0.77-0.910.560.680.830.850.93-0.850.71-0.770.710.80.910.280.680.880.27-0.36
0.79-0.70.890.78-0.73-0.70.560.740.340.850.69-0.70.8-0.760.970.90.730.640.790.770.54-0.64
0.99-0.550.870.92-0.67-0.720.680.740.220.810.86-0.550.99-0.680.780.730.890.840.850.930.87-0.42
0.27-0.80.350.35-0.68-0.690.830.340.220.580.66-0.80.28-0.660.460.620.58-0.170.30.51-0.26-0.22
0.84-0.90.960.85-0.85-0.940.850.850.810.580.92-0.90.84-0.870.940.930.920.580.910.930.49-0.69
0.88-0.850.830.9-0.86-0.910.930.690.860.660.92-0.850.88-0.850.820.860.980.590.790.960.51-0.44
-0.61.0-0.75-0.720.90.9-0.85-0.7-0.55-0.8-0.9-0.85-0.610.91-0.82-0.9-0.83-0.34-0.66-0.77-0.10.56
1.0-0.610.880.95-0.73-0.750.710.80.990.280.840.88-0.61-0.730.840.80.910.830.840.950.81-0.4
-0.720.91-0.78-0.830.990.84-0.77-0.76-0.68-0.66-0.87-0.850.91-0.73-0.84-0.9-0.84-0.54-0.65-0.79-0.280.46
0.83-0.820.930.86-0.81-0.840.710.970.780.460.940.82-0.820.84-0.840.960.850.640.850.860.51-0.65
0.79-0.90.850.87-0.9-0.90.80.90.730.620.930.86-0.90.8-0.90.960.890.550.740.860.35-0.49
0.91-0.830.850.94-0.84-0.90.910.730.890.580.920.98-0.830.91-0.840.850.890.640.80.980.55-0.42
0.83-0.340.730.83-0.54-0.430.280.640.84-0.170.580.59-0.340.83-0.540.640.550.640.650.660.85-0.35
0.85-0.660.970.75-0.61-0.80.680.790.850.30.910.79-0.660.84-0.650.850.740.80.650.870.71-0.77
0.95-0.770.890.92-0.78-0.880.880.770.930.510.930.96-0.770.95-0.790.860.860.980.660.870.65-0.49
0.83-0.10.670.66-0.27-0.320.270.540.87-0.260.490.51-0.10.81-0.280.510.350.550.850.710.65-0.35
-0.410.56-0.76-0.350.390.48-0.36-0.64-0.42-0.22-0.69-0.440.56-0.40.46-0.65-0.49-0.42-0.35-0.77-0.49-0.35
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Marvel Discovery Account Relationship Matchups

Marvel Discovery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M2.0M3.7M5.2M6.0M3.3M
Total Current Liabilities783.4K649.1K670.5K782.5K704.2K636.7K
Total Stockholder Equity2.5M1.4M3.0M4.4M5.1M5.3M
Net Tangible Assets1.7M2.5M1.4M3.0M3.4M2.0M
Retained Earnings(11.8M)(14.4M)(15.2M)(15.9M)(14.3M)(15.0M)
Accounts Payable236.8K610.8K494.5K528.2K607.4K408.7K
Cash474.7K100.6K104.1K395.7K455.0K477.8K
Non Current Assets Total2.7M1.8M3.3M4.6M5.3M3.0M
Net Receivables11.9K78.8K25K24.7K28.4K27.6K
Common Stock Shares Outstanding63.3M79.1M102.2M124.8M143.6M150.7M
Other Stockholder Equity1.1M1.1M1.3M1.5M1.7M1.3M
Total Liab783.4K649.1K670.5K782.5K704.2K636.7K
Net Invested Capital2.6M1.4M3.0M4.4M5.1M2.6M
Total Current Assets576.3K254.8K377.8K596.7K686.2K720.5K
Net Working Capital(207.0K)(394.3K)(328.4K)(185.8K)(213.6K)(224.3K)
Common Stock11.9M13.2M14.4M16.7M19.2M14.3M
Property Plant Equipment2.5M2.7M1.2M2.8M3.2M2.5M
Capital Stock13.2M14.4M16.7M18.7M21.5M15.8M

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Additional Tools for Marvel Stock Analysis

When running Marvel Discovery's price analysis, check to measure Marvel Discovery'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 Marvel Discovery is operating at the current time. Most of Marvel Discovery's value examination focuses on studying past and present price action to predict the probability of Marvel Discovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marvel Discovery's price. Additionally, you may evaluate how the addition of Marvel Discovery to your portfolios can decrease your overall portfolio volatility.