MCFT Stock | | | USD 18.41 0.01 0.05% |
MCBC Holdings financial indicator trend analysis is infinitely more than just investigating MCBC Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MCBC Holdings is a good investment. Please check the relationship between MCBC Holdings Total Revenue and its Ebitda accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MCBC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy MCBC Stock please use our
How to Invest in MCBC Holdings guide.
Total Revenue vs Ebitda
Total Revenue vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MCBC Holdings Total Revenue account and
Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MCBC Holdings' Total Revenue and Ebitda is 0.93. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of MCBC Holdings, assuming nothing else is changed. The correlation between historical values of MCBC Holdings' Total Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of MCBC Holdings are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., MCBC Holdings' Total Revenue and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts MCBC Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Ebitda
Most indicators from MCBC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MCBC Holdings 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 MCBC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy MCBC Stock please use our
How to Invest in MCBC Holdings guide.
Selling General Administrative is likely to drop to about 28.5
M in 2024.
Tax Provision is likely to drop to about 1.3
M in 2024
MCBC Holdings fundamental ratios Correlations
Click cells to compare fundamentals
MCBC Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MCBC Holdings fundamental ratios Accounts
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Additional Tools for MCBC Stock Analysis
When running MCBC Holdings' price analysis, check to
measure MCBC Holdings' 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 MCBC Holdings is operating at the current time. Most of MCBC Holdings' value examination focuses on studying past and present price action to
predict the probability of MCBC Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MCBC Holdings' price. Additionally, you may evaluate how the addition of MCBC Holdings to your portfolios can decrease your overall portfolio volatility.