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 Depreciation And Amortization and its Research Development 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.
Depreciation And Amortization vs Research Development
Depreciation And Amortization vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manhattan Corp Depreciation And Amortization account and
Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Manhattan Corp's Depreciation And Amortization and Research Development is -0.19. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development 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 Depreciation And Amortization and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Manhattan Corp are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., Manhattan Corp's Depreciation And Amortization and Research Development go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Research Development
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
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 560.0 | 26.4K | 23.7K | 22.5K | Depreciation And Amortization | 35.3K | 25.5K | 782.9K | 822.0K |
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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