MustGrow Days Sales Outstanding vs Book Value Per Share Analysis
| MGRO Stock | 1.05 0.01 0.96% |
MustGrow Biologics financial indicator trend analysis is infinitely more than just investigating MustGrow Biologics Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MustGrow Biologics Corp is a good investment. Please check the relationship between MustGrow Biologics Days Sales Outstanding and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MustGrow Biologics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Days Sales Outstanding vs Book Value Per Share
Days Sales Outstanding vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MustGrow Biologics Corp Days Sales Outstanding account and Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between MustGrow Biologics' Days Sales Outstanding and Book Value Per Share is -0.75. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of MustGrow Biologics Corp, assuming nothing else is changed. The correlation between historical values of MustGrow Biologics' Days Sales Outstanding and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of MustGrow Biologics Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Days Sales Outstanding i.e., MustGrow Biologics' Days Sales Outstanding and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.75 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Days Sales Outstanding
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from MustGrow Biologics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MustGrow Biologics Corp 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 MustGrow Biologics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Selling General Administrative is likely to drop to about 3.6 M in 2024. Issuance Of Capital Stock is likely to drop to 0.00 in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 3.0M | 5.7M | 5.5M | 4.8M | Research Development | 458.4K | 475.9K | 857.1K | 533.7K |
MustGrow Biologics fundamental ratios Correlations
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MustGrow Biologics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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