Ming Property Plant And Equipment Gross vs Cash Analysis

MSW Stock

USD 4.17 0.17 3.92%

Ming Shing financial indicator trend analysis is infinitely more than just investigating Ming Shing Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ming Shing Group is a good investment. Please check the relationship between Ming Shing Property Plant And Equipment Gross and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ming Shing Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ming Shing Group Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have totally related.

The correlation between Ming Shing's Property Plant And Equipment Gross and Cash is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of Ming Shing Group, assuming nothing else is changed. The correlation between historical values of Ming Shing's Property Plant And Equipment Gross 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 Gross of Ming Shing Group 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 Gross i.e., Ming Shing's Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of Ming Shing Group, which is listed under current asset account on Ming Shing Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ming Shing customers. The amounts must be unrestricted with restricted cash listed in a different Ming Shing 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 Ming Shing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ming Shing Group 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 Ming Shing Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Tax Provision is likely to drop to about 419.4 K in 2024. Selling General Administrative is likely to drop to about 764.9 K in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	2.6M	3.5M	5.1M	3.4M
Total Revenue	14.4M	21.9M	27.6M	19.2M

Gross Profit Total Revenue

Ming Shing fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.99	0.54	0.81	0.99	0.54	0.99	0.76	0.88	0.83	0.97	0.72	-0.66	0.98	0.42	1.0	1.0	0.81	0.97	0.99	0.96	-0.08
Total Current Liabilities	0.99		0.45	0.77	1.0	0.45	0.98	0.71	0.86	0.83	0.94	0.79	-0.63	0.95	0.47	1.0	0.99	0.77	0.99	1.0	0.97	-0.11
Total Stockholder Equity	0.54	0.45		0.72	0.44	1.0	0.48	0.74	0.66	0.44	0.66	-0.18	-0.51	0.66	0.08	0.5	0.57	0.71	0.41	0.45	0.3	-0.01
Property Plant And Equipment Net	0.81	0.77	0.72		0.75	0.71	0.79	1.0	0.98	0.93	0.86	0.39	-0.95	0.86	0.25	0.79	0.81	1.0	0.72	0.78	0.7	-0.17
Net Debt	0.99	1.0	0.44	0.75		0.44	0.97	0.69	0.85	0.82	0.93	0.79	-0.61	0.94	0.52	0.99	0.99	0.75	1.0	1.0	0.97	-0.16
Retained Earnings	0.54	0.45	1.0	0.71	0.44		0.47	0.74	0.66	0.44	0.66	-0.18	-0.51	0.66	0.08	0.5	0.56	0.71	0.41	0.45	0.29	-0.01
Accounts Payable	0.99	0.98	0.48	0.79	0.97	0.47		0.74	0.86	0.82	0.97	0.77	-0.65	0.97	0.3	0.99	0.97	0.79	0.94	0.99	0.98	0.05
Cash	0.76	0.71	0.74	1.0	0.69	0.74	0.74		0.96	0.91	0.82	0.31	-0.95	0.82	0.2	0.74	0.76	1.0	0.66	0.72	0.64	-0.16
Non Current Assets Total	0.88	0.86	0.66	0.98	0.85	0.66	0.86	0.96		0.96	0.89	0.51	-0.92	0.9	0.39	0.87	0.89	0.98	0.83	0.86	0.79	-0.25
Non Currrent Assets Other	0.83	0.83	0.44	0.93	0.82	0.44	0.82	0.91	0.96		0.81	0.63	-0.94	0.82	0.42	0.83	0.83	0.93	0.81	0.84	0.81	-0.32
Long Term Debt	0.97	0.94	0.66	0.86	0.93	0.66	0.97	0.82	0.89	0.81		0.61	-0.69	1.0	0.23	0.96	0.96	0.86	0.89	0.95	0.91	0.08
Net Receivables	0.72	0.79	-0.18	0.39	0.79	-0.18	0.77	0.31	0.51	0.63	0.61		-0.38	0.61	0.37	0.76	0.7	0.39	0.79	0.79	0.88	-0.04
Common Stock Shares Outstanding	-0.66	-0.63	-0.51	-0.95	-0.61	-0.51	-0.65	-0.95	-0.92	-0.94	-0.69	-0.38		-0.69	-0.21	-0.65	-0.65	-0.95	-0.58	-0.64	-0.6	0.25
Non Current Liabilities Total	0.98	0.95	0.66	0.86	0.94	0.66	0.97	0.82	0.9	0.82	1.0	0.61	-0.69		0.27	0.97	0.97	0.86	0.91	0.96	0.91	0.04
Capital Lease Obligations	0.42	0.47	0.08	0.25	0.52	0.08	0.3	0.2	0.39	0.42	0.23	0.37	-0.21	0.27		0.43	0.47	0.25	0.59	0.43	0.35	-0.88
Total Liab	1.0	1.0	0.5	0.79	0.99	0.5	0.99	0.74	0.87	0.83	0.96	0.76	-0.65	0.97	0.43		1.0	0.8	0.98	1.0	0.97	-0.08
Net Invested Capital	1.0	0.99	0.57	0.81	0.99	0.56	0.97	0.76	0.89	0.83	0.96	0.7	-0.65	0.97	0.47	1.0		0.81	0.98	0.99	0.94	-0.13
Property Plant And Equipment Gross	0.81	0.77	0.71	1.0	0.75	0.71	0.79	1.0	0.98	0.93	0.86	0.39	-0.95	0.86	0.25	0.8	0.81		0.72	0.78	0.71	-0.17
Short Long Term Debt	0.97	0.99	0.41	0.72	1.0	0.41	0.94	0.66	0.83	0.81	0.89	0.79	-0.58	0.91	0.59	0.98	0.98	0.72		0.98	0.95	-0.24
Total Current Assets	0.99	1.0	0.45	0.78	1.0	0.45	0.99	0.72	0.86	0.84	0.95	0.79	-0.64	0.96	0.43	1.0	0.99	0.78	0.98		0.98	-0.08
Capital Stock	0.96	0.97	0.3	0.7	0.97	0.29	0.98	0.64	0.79	0.81	0.91	0.88	-0.6	0.91	0.35	0.97	0.94	0.71	0.95	0.98		0.02
Net Working Capital	-0.08	-0.11	-0.01	-0.17	-0.16	-0.01	0.05	-0.16	-0.25	-0.32	0.08	-0.04	0.25	0.04	-0.88	-0.08	-0.13	-0.17	-0.24	-0.08	0.02

Click cells to compare fundamentals

Ming Shing Account Relationship Matchups

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Ming Stock Analysis

When running Ming Shing's price analysis, check to measure Ming Shing'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 Ming Shing is operating at the current time. Most of Ming Shing's value examination focuses on studying past and present price action to predict the probability of Ming Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Shing's price. Additionally, you may evaluate how the addition of Ming Shing to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ming Property Plant And Equipment Gross vs Cash Analysis

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Gross

Cash

Ming Shing fundamental ratios Correlations

Ming Shing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Ming Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity

Property Plant And Equipment Gross	- 0.95	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.95	Cash
Common Stock Shares Outstanding	- 0.95	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.94	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.92	Non Current Assets Total
Net Working Capital	- 0.88	Capital Lease Obligations