Medirom Capital Lease Obligations vs Non Currrent Assets Other Analysis
| MRM Stock | USD 5.93 0.12 2.07% |
Medirom Healthcare financial indicator trend analysis is infinitely more than just investigating Medirom Healthcare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medirom Healthcare is a good investment. Please check the relationship between Medirom Healthcare Capital Lease Obligations and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medirom Healthcare Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Capital Lease Obligations vs Non Currrent Assets Other
Capital Lease Obligations vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medirom Healthcare Capital Lease Obligations account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Medirom Healthcare's Capital Lease Obligations and Non Currrent Assets Other is 0.76. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Medirom Healthcare Technologies, assuming nothing else is changed. The correlation between historical values of Medirom Healthcare's Capital Lease Obligations and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Medirom Healthcare Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Capital Lease Obligations i.e., Medirom Healthcare's Capital Lease Obligations and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Capital Lease Obligations
Medirom Healthcare capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Medirom Healthcare asset purchases. For example, Medirom Healthcare can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Medirom Healthcare control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Medirom Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medirom Healthcare 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 Medirom Healthcare Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Medirom Healthcare's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 17th of May 2024, Enterprise Value Over EBITDA is likely to grow to 27.41, while Tax Provision is likely to drop about 33.7 M.
| 2020 | 2021 | 2023 | 2024 (projected) | Gross Profit | 317.7M | 1.4B | 1.6B | 1.1B | Total Revenue | 1.4B | 5.4B | 6.2B | 4.3B |
Medirom Healthcare fundamental ratios Correlations
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Medirom Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Medirom Healthcare fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Long Term Debt | 150.5M | 668.4M | 746.6M | 1.1B | 1.3B | 672.8M | |
| Capital Lease Obligations | 1.8B | 1.7B | 1.9B | 2.0B | 1.8B | 1.5B | |
| Net Invested Capital | 1.1B | 1.3B | 700.5M | 1.2B | 1.4B | 1.1B | |
| Property Plant And Equipment Gross | 2.0B | 183.1M | 2.4B | 2.6B | 3.0B | 2.1B | |
| Short Long Term Debt | 371.6M | 221.1M | 162.3M | 99.2M | 89.3M | 84.8M | |
| Non Current Liabilities Other | 5.6M | 348.4M | 25.2M | 335.0M | 385.2M | 404.5M | |
| Net Working Capital | (884.0M) | 428.3M | (1.8B) | (1.3B) | (1.2B) | (1.2B) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medirom Healthcare Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running Medirom Healthcare's price analysis, check to measure Medirom Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medirom Healthcare is operating at the current time. Most of Medirom Healthcare's value examination focuses on studying past and present price action to predict the probability of Medirom Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medirom Healthcare's price. Additionally, you may evaluate how the addition of Medirom Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Medirom Healthcare'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 Medirom Healthcare. If investors know Medirom 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 Medirom Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.05) | Revenue Per Share 1.4 K | Quarterly Revenue Growth 0.03 | Return On Assets (0.01) | Return On Equity (7.00) |
The market value of Medirom Healthcare is measured differently than its book value, which is the value of Medirom that is recorded on the company's balance sheet. Investors also form their own opinion of Medirom Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Medirom Healthcare'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 Medirom Healthcare's market value can be influenced by many factors that don't directly affect Medirom Healthcare'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 Medirom Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medirom Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medirom Healthcare'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.