Mars Current Ratio vs Book Value Per Share Analysis

MARX Stock   5.64  0.72  11.32%   
Mars Acquisition financial indicator trend analysis is infinitely more than just investigating Mars Acquisition Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mars Acquisition Corp is a good investment. Please check the relationship between Mars Acquisition Current Ratio and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mars Acquisition 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 metropolitan statistical area.

Current Ratio vs Book Value Per Share

Current Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mars Acquisition Corp Current Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Mars Acquisition's Current Ratio and Book Value Per Share is -0.72. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Mars Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Mars Acquisition's Current Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Mars Acquisition Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Current Ratio i.e., Mars Acquisition's Current Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Mars Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mars Acquisition 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 Mars Acquisition 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 metropolitan statistical area.
Selling General Administrative is likely to rise to about 629.8 K in 2024. Issuance Of Capital Stock is likely to rise to about 88 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.7K521.6K599.8K629.8K
Depreciation And Amortization2.722.7M3.1M3.3M

Mars Acquisition fundamental ratios Correlations

0.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
0.770.35-0.170.770.97-0.560.770.090.770.8-0.18-0.79-0.171.00.771.00.770.771.00.77-0.47-0.47
0.670.35-0.880.670.23-0.850.68-0.830.670.77-0.88-0.71-0.880.350.670.350.670.670.350.67-0.3-0.3
-0.72-0.17-0.88-0.72-0.130.91-0.720.96-0.72-0.661.00.721.0-0.16-0.72-0.17-0.72-0.72-0.17-0.720.540.54
1.00.770.67-0.720.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
0.770.970.23-0.130.77-0.540.770.140.770.7-0.14-0.79-0.130.970.770.970.770.770.970.77-0.5-0.5
-0.94-0.56-0.850.91-0.94-0.54-0.940.76-0.94-0.860.910.940.91-0.55-0.94-0.56-0.94-0.94-0.56-0.940.670.67
1.00.770.68-0.721.00.77-0.94-0.511.00.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
-0.50.09-0.830.96-0.50.140.76-0.51-0.5-0.470.960.510.960.1-0.50.09-0.5-0.510.09-0.50.370.37
1.00.770.67-0.721.00.77-0.941.0-0.50.92-0.72-0.99-0.720.761.00.771.01.00.771.0-0.79-0.79
0.920.80.77-0.660.920.7-0.860.92-0.470.92-0.66-0.91-0.660.790.920.80.920.920.80.92-0.69-0.69
-0.72-0.18-0.881.0-0.72-0.140.91-0.720.96-0.72-0.660.721.0-0.17-0.72-0.18-0.72-0.72-0.18-0.720.530.53
-0.99-0.79-0.710.72-0.99-0.790.94-0.990.51-0.99-0.910.720.72-0.78-0.99-0.79-0.99-0.99-0.79-0.990.690.69
-0.72-0.17-0.881.0-0.72-0.130.91-0.720.96-0.72-0.661.00.72-0.16-0.72-0.17-0.72-0.72-0.17-0.720.540.54
0.761.00.35-0.160.760.97-0.550.760.10.760.79-0.17-0.78-0.160.761.00.760.761.00.76-0.45-0.45
1.00.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.760.771.01.00.771.0-0.79-0.79
0.771.00.35-0.170.770.97-0.560.770.090.770.8-0.18-0.79-0.171.00.770.770.771.00.77-0.47-0.47
1.00.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.00.771.0-0.79-0.79
1.00.770.67-0.721.00.77-0.941.0-0.511.00.92-0.72-0.99-0.720.761.00.771.00.771.0-0.79-0.79
0.771.00.35-0.170.770.97-0.560.770.090.770.8-0.18-0.79-0.171.00.771.00.770.770.77-0.47-0.47
1.00.770.67-0.721.00.77-0.941.0-0.51.00.92-0.72-0.99-0.720.761.00.771.01.00.77-0.79-0.79
-0.79-0.47-0.30.54-0.79-0.50.67-0.790.37-0.79-0.690.530.690.54-0.45-0.79-0.47-0.79-0.79-0.47-0.791.0
-0.79-0.47-0.30.54-0.79-0.50.67-0.790.37-0.79-0.690.530.690.54-0.45-0.79-0.47-0.79-0.79-0.47-0.791.0
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Mars Acquisition Account Relationship Matchups

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