MKDWELL Other Stockholder Equity vs Other Current Assets 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 Other Stockholder Equity and its Other Current Assets 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.

Other Stockholder Equity vs Other Current Assets

Other Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between MKDWELL Tech's Other Stockholder Equity and Other Current Assets is -0.85. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets 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 Other Stockholder Equity and Other Current Assets 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 Stockholder Equity of MKDWELL Tech Ordinary are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., MKDWELL Tech's Other Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Stockholder Equity

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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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-0.44-0.58-0.130.510.630.891.0-0.83-0.240.99-0.65-0.82-0.590.990.93-0.82-0.59-0.7-0.45-0.670.93-0.32-0.970.970.89
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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
-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
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-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
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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
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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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