MediaZest Good Will vs Retained Earnings Analysis

MDZ Stock   0.07  0.01  11.76%   
MediaZest Plc financial indicator trend analysis is infinitely more than just investigating MediaZest plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MediaZest plc is a good investment. Please check the relationship between MediaZest Plc Good Will and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MediaZest plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MediaZest plc Good Will account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between MediaZest Plc's Good Will and Retained Earnings is -0.93. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of MediaZest plc, assuming nothing else is changed. The correlation between historical values of MediaZest Plc's Good Will 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 Good Will of MediaZest plc 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 Good Will i.e., MediaZest Plc's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 MediaZest Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MediaZest plc 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 MediaZest plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 30, 2024, Selling General Administrative is expected to decline to about 1.2 M. The current year's Tax Provision is expected to grow to about (38 K)
 2021 2022 2023 2024 (projected)
Gross Profit1.4M1.3M1.1M1.3M
Total Revenue2.8M2.3M2.3M2.1M

MediaZest Plc fundamental ratios Correlations

-0.34-0.530.51-0.60.63-0.090.680.46-0.010.680.00.520.62-0.32-0.560.460.640.39-0.59-0.04-0.73-0.1-0.71-0.6-0.69
-0.34-0.03-0.160.06-0.050.79-0.190.220.89-0.19-0.040.02-0.090.810.07-0.65-0.02-0.470.050.210.04-0.840.54-0.020.02
-0.53-0.03-0.940.8-0.81-0.44-0.67-0.13-0.38-0.67-0.060.19-0.750.140.95-0.4-0.69-0.120.790.080.880.170.570.880.61
0.51-0.16-0.94-0.780.80.40.48-0.10.170.480.08-0.360.74-0.34-0.950.660.650.14-0.77-0.21-0.85-0.01-0.61-0.8-0.54
-0.60.060.8-0.78-1.0-0.33-0.660.13-0.12-0.66-0.11-0.13-0.990.480.92-0.33-0.980.31.00.590.96-0.030.250.980.93
0.63-0.05-0.810.8-1.00.370.62-0.130.140.620.110.120.99-0.47-0.930.380.98-0.28-1.0-0.58-0.98-0.01-0.27-0.97-0.93
-0.090.79-0.440.4-0.330.37-0.15-0.070.8-0.150.03-0.310.310.46-0.43-0.080.31-0.45-0.34-0.07-0.38-0.730.24-0.38-0.23
0.68-0.19-0.670.48-0.660.62-0.150.50.131.00.010.460.61-0.2-0.60.00.630.23-0.630.02-0.680.05-0.52-0.73-0.67
0.460.22-0.13-0.10.13-0.13-0.070.50.480.5-0.130.57-0.170.570.1-0.33-0.080.570.150.76-0.05-0.55-0.42-0.01-0.03
-0.010.89-0.380.17-0.120.140.80.130.480.13-0.060.020.070.81-0.22-0.440.12-0.13-0.120.41-0.23-0.920.1-0.26-0.12
0.68-0.19-0.670.48-0.660.62-0.151.00.50.130.010.460.61-0.2-0.60.00.630.23-0.630.02-0.680.05-0.52-0.73-0.67
0.0-0.04-0.060.08-0.110.110.030.01-0.13-0.060.01-0.050.11-0.12-0.10.080.1-0.09-0.11-0.14-0.080.080.02-0.09-0.08
0.520.020.19-0.36-0.130.12-0.310.460.570.020.46-0.050.170.020.16-0.410.3-0.03-0.14-0.01-0.14-0.160.04-0.13-0.46
0.62-0.09-0.750.74-0.990.990.310.61-0.170.070.610.110.17-0.53-0.90.370.99-0.32-1.0-0.64-0.960.05-0.23-0.96-0.95
-0.320.810.14-0.340.48-0.470.46-0.20.570.81-0.2-0.120.02-0.530.37-0.63-0.460.080.490.740.36-0.820.220.340.42
-0.560.070.95-0.950.92-0.93-0.43-0.60.1-0.22-0.6-0.10.16-0.90.37-0.51-0.840.070.920.370.950.040.460.940.75
0.46-0.65-0.40.66-0.330.38-0.080.0-0.33-0.440.00.08-0.410.37-0.63-0.510.250.38-0.33-0.24-0.410.35-0.66-0.26-0.16
0.64-0.02-0.690.65-0.980.980.310.63-0.080.120.630.10.30.99-0.46-0.840.25-0.37-0.98-0.62-0.94-0.02-0.16-0.95-0.99
0.39-0.47-0.120.140.3-0.28-0.450.230.57-0.130.23-0.09-0.03-0.320.080.070.38-0.370.320.720.10.04-0.840.220.35
-0.590.050.79-0.771.0-1.0-0.34-0.630.15-0.12-0.63-0.11-0.14-1.00.490.92-0.33-0.980.320.610.96-0.030.230.980.94
-0.040.210.08-0.210.59-0.58-0.070.020.760.410.02-0.14-0.01-0.640.740.37-0.24-0.620.720.610.4-0.46-0.360.440.58
-0.730.040.88-0.850.96-0.98-0.38-0.68-0.05-0.23-0.68-0.08-0.14-0.960.360.95-0.41-0.940.10.960.40.130.430.970.9
-0.1-0.840.17-0.01-0.03-0.01-0.730.05-0.55-0.920.050.08-0.160.05-0.820.040.35-0.020.04-0.03-0.460.13-0.080.070.05
-0.710.540.57-0.610.25-0.270.24-0.52-0.420.1-0.520.020.04-0.230.220.46-0.66-0.16-0.840.23-0.360.43-0.080.310.14
-0.6-0.020.88-0.80.98-0.97-0.38-0.73-0.01-0.26-0.73-0.09-0.13-0.960.340.94-0.26-0.950.220.980.440.970.070.310.91
-0.690.020.61-0.540.93-0.93-0.23-0.67-0.03-0.12-0.67-0.08-0.46-0.950.420.75-0.16-0.990.350.940.580.90.050.140.91
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MediaZest Plc Account Relationship Matchups

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Other Information on Investing in MediaZest Stock

Balance Sheet is a snapshot of the financial position of MediaZest plc at a specified time, usually calculated after every quarter, six months, or one year. MediaZest Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MediaZest Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MediaZest currently owns. An asset can also be divided into two categories, current and non-current.