Marinemax Depreciation Amortization and Accretion vs Selling General and Administrative Expense Analysis

Marinemax financial indicator trend analysis is infinitely more than just investigating Marinemax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marinemax is a good investment. Please check the relationship between Marinemax Depreciation Amortization and Accretion and its Selling General and Administrative Expense accounts. Check out Risk vs Return Analysis.

Depreciation Amortization and Accretion vs Selling General and Administrative Expense

Depreciation Amortization and Accretion vs Selling General and Administrative Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marinemax Depreciation Amortization and Accretion account and Selling General and Administrative Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Marinemax's Depreciation Amortization and Accretion and Selling General and Administrative Expense is 0.95. Overlapping area represents the amount of variation of Depreciation Amortization and Accretion that can explain the historical movement of Selling General and Administrative Expense in the same time period over historical financial statements of Marinemax, assuming nothing else is changed. The correlation between historical values of Marinemax's Depreciation Amortization and Accretion and Selling General and Administrative Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation Amortization and Accretion of Marinemax are associated (or correlated) with its Selling General and Administrative Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General and Administrative Expense has no effect on the direction of Depreciation Amortization and Accretion i.e., Marinemax's Depreciation Amortization and Accretion and Selling General and Administrative Expense go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation Amortization and Accretion

A component of operating cash flow representing the aggregate net amount of depreciation; amortization; and accretion recognized during an accounting period. As a non-cash item; the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method.

Selling General and Administrative Expense

A component of Operating Expenses representing the aggregate total costs related to selling a firm's product and services; as well as all other general and administrative expenses. Direct selling expenses (for example; credit; warranty; and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products; for example telephone expenses; Internet; and postal charges. General and administrative expenses include salaries of non-sales personnel; rent; utilities; communication; etc.
Most indicators from Marinemax fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marinemax 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 Risk vs Return Analysis.Marinemax Selling General and Administrative Expense is quite stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 558.32 Million. Enterprise Value over EBIT is expected to rise to 4.62 this year, although the value of Net Cash Flow Business Acquisitions and Disposals will most likely fall to (124 M).
 2019 2020 2021 2022 (projected)
Interest Expense9.28 M3.67 M4.21 M5.8 M
Gross Profit398.71 M659.43 M758.35 M818.22 M

Marinemax fundamental ratios Correlations

0.240.570.080.42-0.23-0.310.790.91-0.4-0.29-0.08-0.260.950.290.76-0.40.47-0.240.15-0.42-0.39
0.240.810.890.880.720.70.66-0.070.610.660.840.720.350.890.70.630.850.710.94-0.90.69
0.570.810.690.840.440.440.810.330.230.330.60.420.620.770.840.30.970.420.74-0.880.37
0.080.890.690.930.920.890.62-0.280.840.880.980.910.260.960.660.850.80.910.97-0.880.88
0.420.880.840.930.760.710.840.070.610.70.860.730.580.970.870.640.920.750.93-0.960.66
-0.230.720.440.920.760.980.38-0.570.950.990.941.00.00.830.410.980.61.00.87-0.710.96
-0.310.70.440.890.710.980.28-0.630.920.960.940.98-0.10.770.320.980.590.980.84-0.680.97
0.790.660.810.620.840.380.280.550.190.30.470.350.90.81.00.210.820.360.65-0.820.2
0.91-0.070.33-0.280.07-0.57-0.630.55-0.7-0.62-0.44-0.590.81-0.050.51-0.70.19-0.57-0.2-0.09-0.69
-0.40.610.230.840.610.950.920.19-0.70.970.890.96-0.20.720.230.980.390.950.76-0.540.97
-0.290.660.330.880.70.990.960.3-0.620.970.920.98-0.060.780.340.990.490.990.81-0.630.96
-0.080.840.60.980.860.940.940.47-0.440.890.920.930.10.890.510.90.720.940.94-0.80.94
-0.260.720.420.910.731.00.980.35-0.590.960.980.93-0.040.820.390.990.580.990.85-0.690.97
0.950.350.620.260.580.0-0.10.90.81-0.2-0.060.1-0.040.470.88-0.180.58-0.010.31-0.56-0.21
0.290.890.770.960.970.830.770.8-0.050.720.780.890.820.470.820.730.870.820.95-0.920.75
0.760.70.840.660.870.410.321.00.510.230.340.510.390.880.820.250.850.40.69-0.850.25
-0.40.630.30.850.640.980.980.21-0.70.980.990.90.99-0.180.730.250.470.980.78-0.590.98
0.470.850.970.80.920.60.590.820.190.390.490.720.580.580.870.850.470.590.84-0.930.52
-0.240.710.420.910.751.00.980.36-0.570.950.990.940.99-0.010.820.40.980.590.86-0.710.96
0.150.940.740.970.930.870.840.65-0.20.760.810.940.850.310.950.690.780.840.86-0.90.82
-0.42-0.9-0.88-0.88-0.96-0.71-0.68-0.82-0.09-0.54-0.63-0.8-0.69-0.56-0.92-0.85-0.59-0.93-0.71-0.9-0.61
-0.390.690.370.880.660.960.970.2-0.690.970.960.940.97-0.210.750.250.980.520.960.82-0.61
Click cells to compare fundamentals

Marinemax Account Relationship Matchups

Marinemax fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories377.07 M477.47 M298 M230.98 M207.89 M231.39 M
Receivables34 M42.4 M40.2 M47.65 M42.89 M33.86 M
Accounts Payable23.13 M33.67 M37.34 M25.74 M23.17 M19.52 M
Total Assets640.54 M784.08 M775.32 M1.01 B1.16 B945.52 M
Current Assets465.29 M568.58 M503.33 M517.52 M595.15 M541.7 M
Assets Non Current175.25 M215.5 M271.99 M490.3 M563.85 M608.36 M
Cash and Equivalents48.82 M38.51 M155.49 M222.19 M255.52 M275.69 M
Cash and Equivalents USD48.82 M38.51 M155.49 M222.19 M255.52 M275.69 M
Total Debt212.95 M312.06 M192.57 M182.55 M209.94 M212.83 M
Debt Current212.95 M312.06 M151.75 M38.1 M43.81 M44.97 M
Total Debt USD212.95 M312.06 M192.57 M182.55 M209.94 M212.83 M
Deposit Liabilities17.01 M24.3 M31.82 M100.66 M115.76 M124.9 M
Shareholders Equity353.09 M368.82 M455.4 M594.89 M684.13 M545.73 M
Shareholders Equity USD353.09 M368.82 M455.4 M594.89 M684.13 M545.73 M
Goodwill and Intangible Assets27.49 M64.08 M84.29 M201.12 M231.29 M249.55 M
Inventory377.07 M477.47 M298 M230.98 M265.63 M312.84 M
Total Liabilities287.45 M415.26 M319.92 M412.93 M474.87 M399.79 M
Current Liabilities286.01 M412.89 M272.53 M251.09 M288.76 M289.77 M
Liabilities Non Current1.43 M2.37 M47.39 M161.84 M186.11 M200.81 M
Trade and Non Trade Payables23.13 M33.67 M37.34 M25.74 M29.6 M26.2 M
Property Plant and Equipment Net138.72 M144.3 M179.93 M280.36 M322.42 M347.87 M
Trade and Non Trade Receivables34 M42.4 M40.2 M47.65 M54.8 M44.47 M
Accumulated Retained Earnings Deficit166.07 M202.46 M277.7 M432.68 M497.58 M536.86 M

Marinemax Investors Sentiment

The influence of Marinemax's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Marinemax. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marinemax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marinemax's short interest history, or implied volatility extrapolated from Marinemax options trading.

Current Sentiment - HZO

Marinemax Investor Sentiment

Greater number of Macroaxis users are currently bullish on Marinemax. What is your trading attitude regarding investing in Marinemax? Are you bullish or bearish?
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50% Bullish
50% Bearish

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Check out Risk vs Return Analysis. Note that the Marinemax information on this page should be used as a complementary analysis to other Marinemax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Marinemax price analysis, check to measure Marinemax'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 Marinemax is operating at the current time. Most of Marinemax's value examination focuses on studying past and present price action to predict the probability of Marinemax's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Marinemax's price. Additionally, you may evaluate how the addition of Marinemax to your portfolios can decrease your overall portfolio volatility.
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