| 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 Total Stockholder Equity 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 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.
Total Stockholder Equity vs Cash And Short Term Investments
Total Stockholder Equity 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
Compagnie Plastic Omnium Total Stockholder Equity account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Compagnie Plastic's Total Stockholder Equity and Cash And Short Term Investments is 0.95. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Total Stockholder Equity 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 Total Stockholder Equity of Compagnie Plastic Omnium 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 Total Stockholder Equity i.e., Compagnie Plastic's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Compagnie Plastic Omnium balance sheet. This account contains Compagnie Plastic investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Compagnie Plastic Omnium 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 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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Additional Tools for Compagnie Stock Analysis
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measure Compagnie Plastic'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 Compagnie Plastic is operating at the current time. Most of Compagnie Plastic's value examination focuses on studying past and present price action to
predict the probability of Compagnie Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compagnie Plastic's price. Additionally, you may evaluate how the addition of Compagnie Plastic to your portfolios can decrease your overall portfolio volatility.