Manchester Total Assets vs Current Ratio Analysis
MANU Stock | USD 15.80 0.25 1.61% |
Manchester United financial indicator trend analysis is infinitely more than just investigating Manchester United recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manchester United is a good investment. Please check the relationship between Manchester United Total Assets and its Current Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.
Total Assets vs Current Ratio
Total Assets vs Current Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manchester United Total Assets account and Current Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Manchester United's Total Assets and Current Ratio is -0.33. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Ratio in the same time period over historical financial statements of Manchester United, assuming nothing else is changed. The correlation between historical values of Manchester United's Total Assets and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Manchester United are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Total Assets i.e., Manchester United's Total Assets and Current Ratio go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Manchester United assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Manchester United books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Most indicators from Manchester United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manchester United 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 Manchester United. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.Selling General Administrative is likely to gain to about 423.5 M in 2024, despite the fact that Tax Provision is likely to grow to (3.3 M).
2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 80.6M | 157.9M | 181.6M | 144.8M | Depreciation And Amortization | 165.8M | 186.5M | 214.5M | 109.2M |
Manchester United fundamental ratios Correlations
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Manchester United Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manchester United fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.3B | 1.3B | 1.3B | 1.5B | 1.1B | |
Other Current Liab | 114.2M | 123.0M | 130.1M | 108.2M | 124.4M | 71.7M | |
Total Current Liabilities | 398.3M | 384.0M | 494.8M | 526.9M | 605.9M | 636.2M | |
Total Stockholder Equity | 351.2M | 272.5M | 127.5M | 104.0M | 119.5M | 113.6M | |
Other Liab | 101.4M | 130.2M | 138.1M | 171.9M | 197.7M | 127.4M | |
Net Tangible Assets | (77.1M) | (482.0M) | (299.6M) | (323.5M) | (291.2M) | (276.6M) | |
Retained Earnings | 87.2M | (13.7M) | (170.0M) | (196.7M) | (177.0M) | (168.1M) | |
Accounts Payable | 105.9M | 76.6M | 91.6M | 142.1M | 163.4M | 83.2M | |
Cash | 51.5M | 110.7M | 121.2M | 76.0M | 87.4M | 132.5M | |
Other Assets | 471.4M | 41.5M | 380.2M | 434.7M | 499.9M | 265.8M | |
Long Term Debt | 520.0M | 465.0M | 530.4M | 507.3M | 583.4M | 482.0M | |
Net Receivables | 163.4M | 92.5M | 91.6M | 89.7M | 103.2M | 78.1M | |
Inventory | 2.2M | 2.1M | 2.2M | 3.2M | 2.8M | 3.0M | |
Other Current Assets | 7.7M | 7.7M | 22.1M | 24.8M | 22.3M | 11.9M | |
Total Liab | 1.0B | 987.8M | 1.2B | 1.2B | 1.4B | 805.2M | |
Deferred Long Term Liab | 346.9M | 328.0M | 316.2M | 384.9M | 442.6M | 464.7M | |
Short Long Term Debt | 5.6M | 65.2M | 105.8M | 106.0M | 121.9M | 78.1M | |
Total Current Assets | 224.8M | 212.9M | 237.2M | 193.7M | 222.8M | 198.4M | |
Accumulated Other Comprehensive Income | 216.5M | 238.6M | 250.0M | 253.0M | 291.0M | 305.5M | |
Short Term Debt | 6.7M | 66.4M | 107.3M | 107.0M | 123.0M | 129.2M | |
Intangible Assets | 353.7M | 333.0M | 321.8M | 390.9M | 449.6M | 226.5M | |
Property Plant Equipment | 259.0M | 251.4M | 246.7M | 262.0M | 301.3M | 305.9M | |
Short Long Term Debt Total | 530.0M | 534.6M | 640.6M | 622.2M | 715.5M | 576.1M | |
Property Plant And Equipment Net | 259.0M | 251.4M | 246.7M | 262.0M | 301.3M | 273.6M | |
Current Deferred Revenue | 171.6M | 118.0M | 165.8M | 169.6M | 195.1M | 169.1M | |
Net Debt | 478.5M | 423.9M | 519.3M | 546.2M | 491.5M | 297.3M | |
Non Current Assets Total | 1.2B | 1.0B | 1.1B | 1.1B | 1.3B | 1.1B | |
Non Currrent Assets Other | 66.1M | 41.5M | 66.5M | 49.8M | 57.3M | 32.8M | |
Cash And Short Term Investments | 51.5M | 110.7M | 121.2M | 76.0M | 87.4M | 167.3M | |
Common Stock Shares Outstanding | 164.3M | 162.9M | 163.0M | 163.1M | 187.5M | 177.6M | |
Liabilities And Stockholders Equity | 1.4B | 1.3B | 1.3B | 1.3B | 1.5B | 1.4B | |
Non Current Liabilities Total | 633.9M | 603.8M | 671.3M | 687.1M | 618.4M | 491.7M | |
Property Plant And Equipment Gross | 259.0M | 251.4M | 246.7M | 262.0M | 301.3M | 282.5M | |
Capital Lease Obligations | 4.4M | 4.3M | 4.4M | 8.9M | 10.2M | 10.7M | |
Net Invested Capital | 876.8M | 802.7M | 763.6M | 717.2M | 645.5M | 684.4M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manchester United. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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Is Manchester United's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manchester United. If investors know Manchester will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manchester United listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.231 | Earnings Share (0.21) | Revenue Per Share 4.416 | Quarterly Revenue Growth 0.349 | Return On Assets 0.0003 |
The market value of Manchester United is measured differently than its book value, which is the value of Manchester that is recorded on the company's balance sheet. Investors also form their own opinion of Manchester United's value that differs from its market value or its book value, called intrinsic value, which is Manchester United's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manchester United's market value can be influenced by many factors that don't directly affect Manchester United's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manchester United's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manchester United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manchester United's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.