0IK3 Stock | | | 60.01 1.61 2.76% |
FMC Corp financial indicator trend analysis is much more than just examining FMC Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FMC Corp is a good investment. Please check the relationship between FMC Corp Other Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in FMC 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.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FMC Corp Other Assets account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FMC Corp's Other Assets and Cash is -0.46. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of FMC Corp, assuming nothing else is changed. The correlation between historical values of FMC Corp's Other Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of FMC Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., FMC Corp's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Assets
Cash
Cash refers to the most liquid asset of FMC Corp, which is listed under current asset account on FMC Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from FMC Corp customers. The amounts must be unrestricted with restricted cash listed in a different FMC Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from FMC Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FMC 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 FMC 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 gain to about 182.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 665.1
M in 2024.
FMC Corp fundamental ratios Correlations
Click cells to compare fundamentals
FMC Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FMC Corp fundamental ratios Accounts
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Additional Tools for FMC Stock Analysis
When running FMC Corp's price analysis, check to
measure FMC Corp'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 FMC Corp is operating at the current time. Most of FMC Corp's value examination focuses on studying past and present price action to
predict the probability of FMC Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FMC Corp's price. Additionally, you may evaluate how the addition of FMC Corp to your portfolios can decrease your overall portfolio volatility.