0ROZ Stock | | | 4.36 0.06 1.40% |
X FAB financial indicator trend analysis is more than just analyzing X FAB Silicon current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X FAB Silicon is a good investment. Please check the relationship between X FAB Net Receivables and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in X FAB Silicon Foundries. 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 Receivables vs Other Current Liab
Net Receivables vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
X FAB Silicon Net Receivables account and
Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between X FAB's Net Receivables and Other Current Liab is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of X FAB Silicon Foundries, assuming nothing else is changed. The correlation between historical values of X FAB's Net Receivables and Other Current 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 Receivables of X FAB Silicon Foundries are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., X FAB's Net Receivables and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Other Current Liab
Most indicators from X FAB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into X FAB Silicon 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 X FAB Silicon Foundries. 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 4.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.9
M in 2024.
X FAB fundamental ratios Correlations
Click cells to compare fundamentals
X FAB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
X FAB fundamental ratios Accounts
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Additional Tools for 0ROZ Stock Analysis
When running X FAB's price analysis, check to
measure X FAB'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 X FAB is operating at the current time. Most of X FAB's value examination focuses on studying past and present price action to
predict the probability of X FAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move X FAB's price. Additionally, you may evaluate how the addition of X FAB to your portfolios can decrease your overall portfolio volatility.