MoneyHero Asset Turnover vs Net Debt Analysis
| MNY Stock | 1.08 0.03 2.86% |
MoneyHero Limited financial indicator trend analysis is infinitely more than just investigating MoneyHero Limited Class recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MoneyHero Limited Class is a good investment. Please check the relationship between MoneyHero Limited Asset Turnover and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MoneyHero Limited Class. 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.
Asset Turnover vs Net Debt
Asset Turnover vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MoneyHero Limited Class Asset Turnover account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MoneyHero Limited's Asset Turnover and Net Debt is -0.64. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Net Debt in the same time period over historical financial statements of MoneyHero Limited Class, assuming nothing else is changed. The correlation between historical values of MoneyHero Limited's Asset Turnover and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of MoneyHero Limited Class are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Asset Turnover i.e., MoneyHero Limited's Asset Turnover and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from MoneyHero Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MoneyHero Limited Class 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 MoneyHero Limited Class. 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. At this time, MoneyHero Limited's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 71.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 88.0M | 105.1M | 110.7M | 83.6M | Depreciation And Amortization | 3.9M | 4.8M | 7.2M | 4.4M |
MoneyHero Limited fundamental ratios Correlations
Click cells to compare fundamentals
MoneyHero Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running MoneyHero Limited's price analysis, check to measure MoneyHero Limited'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 MoneyHero Limited is operating at the current time. Most of MoneyHero Limited's value examination focuses on studying past and present price action to predict the probability of MoneyHero Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoneyHero Limited's price. Additionally, you may evaluate how the addition of MoneyHero Limited to your portfolios can decrease your overall portfolio volatility.