000969 Stock | | | 12.14 1.35 10.01% |
Advanced Technology financial indicator trend analysis is way more than just evaluating Advanced Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Technology is a good investment. Please check the relationship between Advanced Technology Selling General Administrative and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Technology Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Selling General Administrative vs Non Current Assets Total
Selling General Administrative vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Advanced Technology Selling General Administrative account and
Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Advanced Technology's Selling General Administrative and Non Current Assets Total is 0.38. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Advanced Technology Materials, assuming nothing else is changed. The correlation between historical values of Advanced Technology's Selling General Administrative and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Advanced Technology Materials are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., Advanced Technology's Selling General Administrative and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling General Administrative
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Advanced Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Technology 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Technology Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of November 27, 2024, Selling General Administrative is expected to decline to about 221.5
M. In addition to that,
Tax Provision is expected to decline to about 19
MAdvanced Technology fundamental ratios Correlations
Click cells to compare fundamentals
Advanced Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advanced Technology fundamental ratios Accounts
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Other Information on Investing in Advanced Stock
Balance Sheet is a snapshot of the
financial position of Advanced Technology at a specified time, usually calculated after every quarter, six months, or one year. Advanced Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Advanced Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Advanced currently owns. An asset can also be divided into two categories, current and non-current.