0IL6 Stock | | | 251.55 1.37 0.55% |
F5 Networks financial indicator trend analysis is much more than just examining F5 Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether F5 Networks is a good investment. Please check the relationship between F5 Networks Property Plant And Equipment Net and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in F5 Networks. 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.
For more information on how to buy 0IL6 Stock please use our
How to Invest in F5 Networks guide.
Property Plant And Equipment Net vs Other Current Assets
Property Plant And Equipment Net vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
F5 Networks Property Plant And Equipment Net account and
Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between F5 Networks' Property Plant And Equipment Net and Other Current Assets is 0.6. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of F5 Networks, assuming nothing else is changed. The correlation between historical values of F5 Networks' Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of F5 Networks are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., F5 Networks' Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from F5 Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into F5 Networks 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 F5 Networks. 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.
For more information on how to buy 0IL6 Stock please use our
How to Invest in F5 Networks guide.
Selling General Administrative is likely to gain to about 282.3
M in 2024.
Tax Provision is likely to gain to about 86.7
M in 2024
F5 Networks fundamental ratios Correlations
Click cells to compare fundamentals
F5 Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
F5 Networks fundamental ratios Accounts
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Additional Tools for 0IL6 Stock Analysis
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measure F5 Networks' 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 F5 Networks is operating at the current time. Most of F5 Networks' value examination focuses on studying past and present price action to
predict the probability of F5 Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move F5 Networks' price. Additionally, you may evaluate how the addition of F5 Networks to your portfolios can decrease your overall portfolio volatility.