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 Other Liab and its Short Term Investments 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.
Other Liab vs Short Term Investments
Other Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eiffage SA Other Liab account and
Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eiffage SA's Other Liab and Short Term Investments is 0.41. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Short Term Investments 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 Other Liab 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 Other Liab of Eiffage SA are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Liab i.e., Eiffage SA's Other Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Short Term Investments
Short Term Investments is an item under the current assets section of Eiffage SA balance sheet. It contains any investments Eiffage SA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Eiffage SA can easily liquidate in the marketplace.
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.