MCHX Stock | | | USD 2.20 0.07 3.29% |
Marchex financial indicator trend analysis is infinitely more than just investigating Marchex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marchex is a good investment. Please check the relationship between Marchex Gross Profit and its Total Other Income Expense Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Marchex Stock please use our
How to Invest in Marchex guide.
Gross Profit vs Total Other Income Expense Net
Gross Profit vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marchex Gross Profit account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Marchex's Gross Profit and Total Other Income Expense Net is -0.11. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Marchex, assuming nothing else is changed. The correlation between historical values of Marchex's Gross Profit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Marchex are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., Marchex's Gross Profit and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Marchex minus its cost of goods sold. It is profit before Marchex operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Total Other Income Expense Net
Most indicators from Marchex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marchex 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 Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Marchex Stock please use our
How to Invest in Marchex guide.At this time, Marchex's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 168
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 9.7
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 31.8M | 31.7M | 29.3M | 37.1M | Total Revenue | 53.5M | 52.2M | 49.9M | 47.4M |
Marchex fundamental ratios Correlations
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Marchex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marchex fundamental ratios Accounts
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Additional Tools for Marchex Stock Analysis
When running Marchex's price analysis, check to
measure Marchex'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 Marchex is operating at the current time. Most of Marchex's value examination focuses on studying past and present price action to
predict the probability of Marchex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marchex's price. Additionally, you may evaluate how the addition of Marchex to your portfolios can decrease your overall portfolio volatility.