MKDWELL Depreciation And Amortization vs Selling General Administrative Analysis

MKDW Stock   1.18  0.03  2.61%   
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 Depreciation And Amortization and its Selling General Administrative 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.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MKDWELL Tech's Depreciation And Amortization and Selling General Administrative is -0.65. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative 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 Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of MKDWELL Tech Ordinary are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., MKDWELL Tech's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

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

-0.440.860.94-0.84-0.13-0.66-0.470.860.96-0.340.970.850.95-0.34-0.640.80.940.930.910.88-0.730.970.62-0.59-0.62
-0.44-0.58-0.130.510.630.891.0-0.83-0.240.99-0.65-0.82-0.590.990.93-0.82-0.59-0.7-0.45-0.670.93-0.32-0.970.970.89
0.86-0.580.81-1.00.09-0.88-0.580.890.88-0.570.880.930.97-0.57-0.830.670.980.950.980.99-0.770.910.66-0.61-0.86
0.94-0.130.81-0.820.2-0.46-0.150.650.99-0.050.820.670.87-0.05-0.410.540.860.80.90.78-0.460.980.32-0.27-0.42
-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
-0.130.630.090.2-0.180.240.66-0.380.160.53-0.31-0.3-0.070.530.34-0.66-0.04-0.20.16-0.050.560.1-0.670.710.24
-0.660.89-0.88-0.460.840.240.88-0.93-0.570.89-0.8-0.95-0.840.890.99-0.77-0.84-0.88-0.78-0.910.92-0.64-0.880.851.0
-0.471.0-0.58-0.150.510.660.88-0.85-0.260.97-0.68-0.83-0.610.970.92-0.85-0.6-0.71-0.46-0.670.95-0.35-0.980.980.88
0.86-0.830.890.65-0.84-0.38-0.93-0.850.74-0.780.961.00.93-0.78-0.930.930.930.980.840.94-0.970.790.92-0.89-0.91
0.96-0.240.880.99-0.880.16-0.57-0.260.74-0.180.870.760.92-0.18-0.520.60.920.860.950.86-0.551.00.41-0.37-0.54
-0.340.99-0.57-0.050.510.530.890.97-0.78-0.18-0.57-0.77-0.541.00.93-0.72-0.54-0.64-0.42-0.640.88-0.26-0.920.910.91
0.97-0.650.880.82-0.84-0.31-0.8-0.680.960.87-0.570.950.96-0.57-0.790.910.950.980.880.93-0.880.90.8-0.78-0.77
0.85-0.820.930.67-0.88-0.3-0.95-0.831.00.76-0.770.950.95-0.77-0.940.890.950.980.870.97-0.950.810.89-0.86-0.93
0.95-0.590.970.87-0.95-0.07-0.84-0.610.930.92-0.540.960.95-0.54-0.810.791.00.990.970.98-0.820.950.71-0.67-0.81
-0.340.99-0.57-0.050.510.530.890.97-0.78-0.181.0-0.57-0.77-0.540.93-0.72-0.54-0.64-0.42-0.640.88-0.26-0.920.910.91
-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
0.8-0.820.670.54-0.6-0.66-0.77-0.850.930.6-0.720.910.890.79-0.72-0.810.770.860.630.77-0.950.650.94-0.93-0.75
0.94-0.590.980.86-0.96-0.04-0.84-0.60.930.92-0.540.950.951.0-0.54-0.810.770.990.980.99-0.810.950.7-0.66-0.82
0.93-0.70.950.8-0.92-0.2-0.88-0.710.980.86-0.640.980.980.99-0.64-0.870.860.990.930.98-0.890.90.81-0.77-0.86
0.91-0.450.980.9-0.990.16-0.78-0.460.840.95-0.420.880.870.97-0.42-0.730.630.980.930.96-0.690.960.56-0.51-0.76
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
-0.730.93-0.77-0.460.70.560.920.95-0.97-0.550.88-0.88-0.95-0.820.880.95-0.95-0.81-0.89-0.69-0.85-0.62-0.990.980.91
0.97-0.320.910.98-0.910.1-0.64-0.350.791.0-0.260.90.810.95-0.26-0.590.650.950.90.960.9-0.620.49-0.45-0.6
0.62-0.970.660.32-0.58-0.67-0.88-0.980.920.41-0.920.80.890.71-0.92-0.920.940.70.810.560.75-0.990.49-1.0-0.88
-0.590.97-0.61-0.270.530.710.850.98-0.89-0.370.91-0.78-0.86-0.670.910.9-0.93-0.66-0.77-0.51-0.710.98-0.45-1.00.85
-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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