0H68 Stock | | | 105.06 0.93 0.89% |
AFLAC financial indicator trend analysis is way more than just evaluating AFLAC Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AFLAC Inc is a good investment. Please check the relationship between AFLAC Short Long Term Debt Total and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AFLAC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Short Long Term Debt Total vs Non Current Liabilities Total
Short Long Term Debt Total vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AFLAC Inc Short Long Term Debt Total account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AFLAC's Short Long Term Debt Total and Non Current Liabilities Total is 0.46. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of AFLAC Inc, assuming nothing else is changed. The correlation between historical values of AFLAC's Short Long Term Debt Total and Non Current Liabilities 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 Short Long Term Debt Total of AFLAC Inc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Long Term Debt Total i.e., AFLAC's Short Long Term Debt Total and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Long Term Debt Total
Non Current Liabilities Total
Most indicators from AFLAC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AFLAC Inc 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 AFLAC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 2.3
B in 2024.
Tax Provision is likely to drop to about 625.8
M in 2024
AFLAC fundamental ratios Correlations
Click cells to compare fundamentals
AFLAC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AFLAC fundamental ratios Accounts
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Additional Tools for AFLAC Stock Analysis
When running AFLAC's price analysis, check to
measure AFLAC'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 AFLAC is operating at the current time. Most of AFLAC's value examination focuses on studying past and present price action to
predict the probability of AFLAC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AFLAC's price. Additionally, you may evaluate how the addition of AFLAC to your portfolios can decrease your overall portfolio volatility.