0NPT Stock | | | 83.27 1.17 1.39% |
Eiffage SA financial indicator trend analysis is much more than just examining Eiffage SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eiffage SA is a good investment. Please check the relationship between Eiffage SA Intangible Assets and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Eiffage SA. 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.
Intangible Assets vs Net Tangible Assets
Intangible Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eiffage SA Intangible Assets account and
Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Eiffage SA's Intangible Assets and Net Tangible Assets is -0.76. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Eiffage SA, assuming nothing else is changed. The correlation between historical values of Eiffage SA's Intangible Assets and Net Tangible 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 Intangible Assets of Eiffage SA are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Eiffage SA's Intangible Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Eiffage SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eiffage SA 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 Eiffage SA. 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 407.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.4
B in 2024.
Eiffage SA fundamental ratios Correlations
Click cells to compare fundamentals
Eiffage SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eiffage SA fundamental ratios Accounts
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Additional Tools for Eiffage Stock Analysis
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measure Eiffage SA'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 Eiffage SA is operating at the current time. Most of Eiffage SA's value examination focuses on studying past and present price action to
predict the probability of Eiffage SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eiffage SA's price. Additionally, you may evaluate how the addition of Eiffage SA to your portfolios can decrease your overall portfolio volatility.