Manhattan Corp financial indicator trend analysis is infinitely more than just investigating Manhattan Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manhattan Corp is a good investment. Please check the relationship between Manhattan Corp Cash and its Property Plant And Equipment Gross accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan 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 board of governors.
Cash vs Property Plant And Equipment Gross
Cash vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manhattan Corp Cash account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak relationship.
The correlation between Manhattan Corp's Cash and Property Plant And Equipment Gross is 0.38. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Manhattan Corp, assuming nothing else is changed. The correlation between historical values of Manhattan Corp's Cash and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Manhattan Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash i.e., Manhattan Corp's Cash and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Manhattan Corp, which is listed under current asset account on Manhattan Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Manhattan Corp customers. The amounts must be unrestricted with restricted cash listed in a different Manhattan Corp 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.
Property Plant And Equipment Gross
Most indicators from Manhattan Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manhattan 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 Manhattan 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 board of governors.
Selling General Administrative is likely to drop to about 514.5
K in 2024.
Issuance Of Capital Stock is likely to drop to about 4
M in 2024
Manhattan Corp fundamental ratios Correlations
Click cells to compare fundamentals
Manhattan Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manhattan Corp fundamental ratios Accounts
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Additional Tools for Manhattan Stock Analysis
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