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 Net Tangible Assets and its Total Liab 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.
Net Tangible Assets vs Total Liab
Net Tangible Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gaztransport et Technigaz Net Tangible Assets account and
Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gaztransport's Net Tangible Assets and Total Liab is 0.48. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Liab 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 Net Tangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Gaztransport et Technigaz are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Tangible Assets i.e., Gaztransport's Net Tangible Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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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