MediaZest Property Plant And Equipment Net vs Cash 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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MediaZest plc Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between MediaZest Plc's Property Plant And Equipment Net and Cash is 0.02. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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 Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of MediaZest plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., MediaZest Plc's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash
Cash refers to the most liquid asset of MediaZest plc, which is listed under current asset account on MediaZest plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MediaZest Plc customers. The amounts must be unrestricted with restricted cash listed in a different MediaZest Plc account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Profit | 1.4M | 1.3M | 1.1M | 1.3M | Total Revenue | 2.8M | 2.3M | 2.3M | 2.1M |
MediaZest Plc fundamental ratios Correlations
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MediaZest Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.