0NW1 Stock | | | 8.07 0.12 1.51% |
Compagnie Plastic financial indicator trend analysis is way more than just evaluating Compagnie Plastic Omnium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compagnie Plastic Omnium is a good investment. Please check the relationship between Compagnie Plastic Property Plant Equipment and its Short Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Compagnie Plastic Omnium. 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.
Property Plant Equipment vs Short Term Debt
Property Plant Equipment vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Compagnie Plastic Omnium Property Plant Equipment account and
Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Compagnie Plastic's Property Plant Equipment and Short Term Debt is 0.37. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Compagnie Plastic Omnium, assuming nothing else is changed. The correlation between historical values of Compagnie Plastic's Property Plant Equipment and Short Term Debt 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 Equipment of Compagnie Plastic Omnium are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant Equipment i.e., Compagnie Plastic's Property Plant Equipment and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
Short Term Debt
Most indicators from Compagnie Plastic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compagnie Plastic Omnium 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 Compagnie Plastic Omnium. 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 (26.5
M) in 2024.
Selling General Administrative is likely to drop to about 272.8
M in 2024
Compagnie Plastic fundamental ratios Correlations
Click cells to compare fundamentals
Compagnie Plastic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compagnie Plastic fundamental ratios Accounts
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