Madison Cash And Short Term Investments vs Common Stock Total Equity Analysis
| MSGE Stock | USD 34.23 0.53 1.52% |
Madison Square financial indicator trend analysis is infinitely more than just investigating Madison Square Garden recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Madison Square Garden is a good investment. Please check the relationship between Madison Square Cash And Short Term Investments and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Madison Square Garden. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Cash And Short Term Investments vs Common Stock Total Equity
Cash And Short Term Investments vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Madison Square Garden Cash And Short Term Investments account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Madison Square's Cash And Short Term Investments and Common Stock Total Equity is 0.86. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Madison Square Garden, assuming nothing else is changed. The correlation between historical values of Madison Square's Cash And Short Term Investments and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Madison Square Garden are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash And Short Term Investments i.e., Madison Square's Cash And Short Term Investments and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Madison Square Garden balance sheet. This account contains Madison Square investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Madison Square Garden fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Madison Square's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Madison Square Garden 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 Madison Square Garden. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Madison Square's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 15.62, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.22.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 37.3M | 60.5M | 54.4M | 80.0M | Interest Income | 4.2M | 7.2M | 6.5M | 10.7M |
Madison Square fundamental ratios Correlations
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Madison Square Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Madison Stock
When determining whether Madison Square Garden is a strong investment it is important to analyze Madison Square's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Madison Square's future performance. For an informed investment choice regarding Madison Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Madison Square Garden. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Movies & Entertainment space 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 Madison Square. If investors know Madison 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 Madison Square 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 (0.86) | Earnings Share 1.1 | Revenue Per Share 18.609 | Quarterly Revenue Growth 0.135 | Return On Assets 0.0448 |
The market value of Madison Square Garden is measured differently than its book value, which is the value of Madison that is recorded on the company's balance sheet. Investors also form their own opinion of Madison Square's value that differs from its market value or its book value, called intrinsic value, which is Madison Square'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 Madison Square's market value can be influenced by many factors that don't directly affect Madison Square'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 Madison Square's value and its price as these two are different measures arrived at by different means. Investors typically determine if Madison Square is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Madison Square'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.