Mars Other Current Assets vs Retained Earnings Analysis

MARXU Stock   7.15  0.39  5.17%   
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 Other Current Assets and its Retained Earnings 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 interest.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mars Acquisition Corp Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Mars Acquisition's Other Current Assets and Retained Earnings is -0.79. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings 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 Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Mars Acquisition Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Mars Acquisition's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 interest.
Selling General Administrative is likely to gain to about 629.8 K in 2024. Issuance Of Capital Stock is likely to gain to about 88 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.7K521.6K599.8K629.8K
Depreciation And Amortization2.7K2.7M3.1M3.3M

Mars Acquisition fundamental ratios Correlations

0.770.67-0.721.0-0.941.0-0.5-1.00.86-0.721.00.771.01.00.771.0-0.79-0.79-0.79
0.770.35-0.170.77-0.560.770.09-0.790.95-0.170.771.00.770.771.00.77-0.47-0.47-0.47
0.670.35-0.880.67-0.850.68-0.83-0.710.29-0.880.670.350.670.670.350.67-0.3-0.3-0.3
-0.72-0.17-0.88-0.720.91-0.720.960.71-0.261.0-0.72-0.17-0.72-0.72-0.17-0.720.540.540.54
1.00.770.67-0.72-0.941.0-0.5-1.00.86-0.721.00.771.01.00.771.0-0.79-0.79-0.79
-0.94-0.56-0.850.91-0.94-0.940.760.93-0.640.91-0.94-0.56-0.94-0.94-0.56-0.940.670.670.67
1.00.770.68-0.721.0-0.94-0.51-1.00.86-0.721.00.771.01.00.771.0-0.79-0.79-0.79
-0.50.09-0.830.96-0.50.76-0.510.50.010.96-0.50.09-0.5-0.510.09-0.50.370.370.37
-1.0-0.79-0.710.71-1.00.93-1.00.5-0.860.71-1.0-0.79-1.0-1.0-0.79-1.00.780.780.78
0.860.950.29-0.260.86-0.640.860.01-0.86-0.260.860.950.860.860.950.86-0.69-0.69-0.69
-0.72-0.17-0.881.0-0.720.91-0.720.960.71-0.26-0.72-0.17-0.72-0.72-0.17-0.720.540.540.54
1.00.770.67-0.721.0-0.941.0-0.5-1.00.86-0.720.771.01.00.771.0-0.79-0.79-0.79
0.771.00.35-0.170.77-0.560.770.09-0.790.95-0.170.770.770.771.00.77-0.47-0.47-0.47
1.00.770.67-0.721.0-0.941.0-0.5-1.00.86-0.721.00.771.00.771.0-0.79-0.79-0.79
1.00.770.67-0.721.0-0.941.0-0.51-1.00.86-0.721.00.771.00.771.0-0.79-0.79-0.79
0.771.00.35-0.170.77-0.560.770.09-0.790.95-0.170.771.00.770.770.77-0.47-0.47-0.47
1.00.770.67-0.721.0-0.941.0-0.5-1.00.86-0.721.00.771.01.00.77-0.79-0.79-0.79
-0.79-0.47-0.30.54-0.790.67-0.790.370.78-0.690.54-0.79-0.47-0.79-0.79-0.47-0.791.01.0
-0.79-0.47-0.30.54-0.790.67-0.790.370.78-0.690.54-0.79-0.47-0.79-0.79-0.47-0.791.01.0
-0.79-0.47-0.30.54-0.790.67-0.790.370.78-0.690.54-0.79-0.47-0.79-0.79-0.47-0.791.01.0
Click cells to compare fundamentals

Mars Acquisition Account Relationship Matchups

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Additional Tools for Mars Stock Analysis

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