0QT5 Stock | | | 137.90 0.10 0.07% |
Gaztransport financial indicator trend analysis is much more than just examining Gaztransport et Technigaz latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaztransport et Technigaz is a good investment. Please check the relationship between Gaztransport Inventory and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gaztransport et Technigaz. 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.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gaztransport et Technigaz Inventory account and
Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gaztransport's Inventory and Long Term Debt is 0.87. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Gaztransport et Technigaz, assuming nothing else is changed. The correlation between historical values of Gaztransport's Inventory and Long 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 Inventory of Gaztransport et Technigaz are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Gaztransport's Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Long Term Debt
Long-term debt is a debt that Gaztransport et Technigaz has held for over one year. Long-term debt appears on Gaztransport et Technigaz balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Gaztransport et Technigaz balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Gaztransport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaztransport et Technigaz 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 Gaztransport et Technigaz. 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 drop to about 28.1
M in 2024.
Selling General Administrative is likely to drop to about 96.6
M in 2024
Gaztransport fundamental ratios Correlations
Click cells to compare fundamentals
Gaztransport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gaztransport fundamental ratios Accounts
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