0HL5 Stock | | | 58.25 0.88 1.53% |
Ball Corp financial indicator trend analysis is way more than just evaluating Ball Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ball Corp is a good investment. Please check the relationship between Ball Corp Non Currrent Assets Other and its Short Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corp. 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.
Non Currrent Assets Other vs Short Term Debt
Non Currrent Assets Other vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ball Corp Non Currrent Assets Other account and
Short Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Ball Corp's Non Currrent Assets Other and Short Term Debt is 0.07. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Ball Corp, assuming nothing else is changed. The correlation between historical values of Ball Corp's Non Currrent Assets Other and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Ball Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Currrent Assets Other i.e., Ball Corp's Non Currrent Assets Other and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Short Term Debt
Most indicators from Ball Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ball Corp 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 Ball Corp. 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.
Tax Provision is likely to drop to about 123.9
M in 2024.
Selling General Administrative is likely to drop to about 597.3
M in 2024
Ball Corp fundamental ratios Correlations
Click cells to compare fundamentals
Ball Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ball Corp fundamental ratios Accounts
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