0JCK Stock | | | 31.05 0.11 0.36% |
Interpublic Group financial indicator trend analysis is infinitely more than just investigating Interpublic Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Interpublic Group is a good investment. Please check the relationship between Interpublic Group Cash and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Interpublic Group of. 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.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Interpublic Group Cash account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Interpublic Group's Cash and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Interpublic Group of, assuming nothing else is changed. The correlation between historical values of Interpublic Group's Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Interpublic Group of are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Interpublic Group's Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Interpublic Group, which is listed under current asset account on Interpublic Group of balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Interpublic Group customers. The amounts must be unrestricted with restricted cash listed in a different Interpublic Group 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.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Interpublic Group balance sheet. This account contains Interpublic Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Interpublic Group of fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Interpublic Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Interpublic Group 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 Interpublic Group of. 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 50.3
M in 2024.
Tax Provision is likely to drop to about 6.8
M in 2024
Interpublic Group fundamental ratios Correlations
Click cells to compare fundamentals
Interpublic Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Interpublic Group fundamental ratios Accounts
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measure Interpublic Group'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 Interpublic Group is operating at the current time. Most of Interpublic Group's value examination focuses on studying past and present price action to
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