MTEX Stock | | | USD 8.40 0.10 1.20% |
Mannatech Incorporated financial indicator trend analysis is infinitely more than just investigating Mannatech Incorporated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mannatech Incorporated is a good investment. Please check the relationship between Mannatech Incorporated Interest Income and its Net Interest Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Mannatech Stock please use our
How to Invest in Mannatech Incorporated guide.
Interest Income vs Net Interest Income
Interest Income vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mannatech Incorporated Interest Income account and
Net Interest Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mannatech Incorporated's Interest Income and Net Interest Income is 0.97. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Mannatech Incorporated, assuming nothing else is changed. The correlation between historical values of Mannatech Incorporated's Interest Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Mannatech Incorporated are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Interest Income i.e., Mannatech Incorporated's Interest Income and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Mannatech Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mannatech Incorporated 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 Mannatech Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Mannatech Stock please use our
How to Invest in Mannatech Incorporated guide.At this time, Mannatech Incorporated's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.37 in 2024, whereas
Tax Provision is likely to drop slightly above 2.5
M in 2024.
Mannatech Incorporated fundamental ratios Correlations
Click cells to compare fundamentals
Mannatech Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mannatech Incorporated fundamental ratios Accounts
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