0R3C Stock | | | 299.68 5.49 1.87% |
American Express financial indicator trend analysis is way more than just evaluating American Express prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Express is a good investment. Please check the relationship between American Express Property Plant And Equipment Net and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express Co. 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.
For more information on how to buy American Stock please use our
How to Invest in American Express guide.
Property Plant And Equipment Net vs Non Current Assets Total
Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Express Property Plant And Equipment Net account and
Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between American Express' Property Plant And Equipment Net and Non Current Assets Total is 0.35. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of American Express Co, assuming nothing else is changed. The correlation between historical values of American Express' Property Plant And Equipment Net and Non Current Assets Total 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 And Equipment Net of American Express Co are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., American Express' Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from American Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Express 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 American Express Co. 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.
For more information on how to buy American Stock please use our
How to Invest in American Express guide.
Selling General Administrative is likely to drop to about 5.9
B in 2024.
Tax Provision is likely to drop to about 2
B in 2024
American Express fundamental ratios Correlations
Click cells to compare fundamentals
American Express Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Express fundamental ratios Accounts
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Additional Tools for American Stock Analysis
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measure American Express' 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 American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to
predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.