Marex Other Non Cash Items vs Change In Working Capital Analysis
MRX Stock | 30.61 0.29 0.94% |
Marex Group financial indicator trend analysis is infinitely more than just investigating Marex Group plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marex Group plc is a good investment. Please check the relationship between Marex Group Other Non Cash Items and its Change In Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marex Group 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 metropolitan statistical area.
Other Non Cash Items vs Change In Working Capital
Other Non Cash Items vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marex Group plc Other Non Cash Items account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Marex Group's Other Non Cash Items and Change In Working Capital is -0.24. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Marex Group plc, assuming nothing else is changed. The correlation between historical values of Marex Group's Other Non Cash Items and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Marex Group plc are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Other Non Cash Items i.e., Marex Group's Other Non Cash Items and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Non Cash Items
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most indicators from Marex Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marex Group 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 Marex Group 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 metropolitan statistical area. Enterprise Value is likely to rise to about 3.2 B in 2024, whereas Tax Provision is likely to drop slightly above 33.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 825.3M | 1.0B | 564.6M | 631.5M | Total Revenue | 825.3M | 1.0B | 1.9B | 1.2B |
Marex Group fundamental ratios Correlations
Click cells to compare fundamentals
Marex Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Marex Group's price analysis, check to measure Marex Group'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 Marex Group is operating at the current time. Most of Marex Group's value examination focuses on studying past and present price action to predict the probability of Marex Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marex Group's price. Additionally, you may evaluate how the addition of Marex Group to your portfolios can decrease your overall portfolio volatility.