MKDWELL Capital Lease Obligations vs Long Term Debt Analysis

MKDW Stock   1.43  0.15  11.72%   
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Ordinary is a good investment. Please check the relationship between MKDWELL Tech Capital Lease Obligations and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Capital Lease Obligations vs Long Term Debt

Capital Lease Obligations vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Capital Lease Obligations account and Long Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between MKDWELL Tech's Capital Lease Obligations and Long Term Debt is 0.99. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of MKDWELL Tech Ordinary, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Capital Lease Obligations and Long Term 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 Capital Lease Obligations of MKDWELL Tech Ordinary are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Lease Obligations i.e., MKDWELL Tech's Capital Lease Obligations and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Lease Obligations

MKDWELL Tech Ordinary capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to MKDWELL Tech asset purchases. For example, MKDWELL Tech can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as MKDWELL Tech control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Long Term Debt

Long-term debt is a debt that MKDWELL Tech Ordinary has held for over one year. Long-term debt appears on MKDWELL Tech Ordinary balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on MKDWELL Tech Ordinary balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from MKDWELL Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MKDWELL Tech Ordinary 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 MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Selling General Administrative is likely to drop to about 1.2 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.26 in 2024
 2010 2022 2023 2024 (projected)
Interest Expense304.1K390.0K244.4K250.3K
Depreciation And Amortization600.6K528.1K563.0K451.1K

MKDWELL Tech fundamental ratios Correlations

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-0.840.51-1.0-0.82-0.180.840.51-0.84-0.880.51-0.84-0.88-0.950.510.79-0.6-0.96-0.92-0.99-0.970.7-0.91-0.580.530.82
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-0.640.93-0.83-0.410.790.340.990.92-0.93-0.520.93-0.79-0.94-0.810.93-0.81-0.81-0.87-0.73-0.880.95-0.59-0.920.90.99
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0.88-0.670.990.78-0.97-0.05-0.91-0.670.940.86-0.640.930.970.98-0.64-0.880.770.990.980.96-0.850.90.75-0.71-0.89
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-0.620.89-0.86-0.420.820.241.00.88-0.91-0.540.91-0.77-0.93-0.810.910.99-0.75-0.82-0.86-0.76-0.890.91-0.6-0.880.85
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MKDWELL Tech Account Relationship Matchups

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