| 0Y5F Stock | | | 630.00 1.28 0.20% |
Endo International financial indicator trend analysis is much more than just examining Endo International PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endo International PLC is a good investment. Please check the relationship between Endo International Short Term Investments and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Endo International PLC. 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.
Short Term Investments vs Total Assets
Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Endo International PLC Short Term Investments account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Endo International's Short Term Investments and Total Assets is -0.36. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Endo International PLC, assuming nothing else is changed. The correlation between historical values of Endo International's Short Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Endo International PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., Endo International's Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.36 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Endo International balance sheet. It contains any investments Endo International PLC undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Endo International PLC can easily liquidate in the marketplace.
Total Assets
Total assets refers to the total amount of Endo International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Endo International PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Endo International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endo International PLC 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 Endo International PLC. 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.
Selling General Administrative is likely to gain to about 495.1
M in 2024, whereas
Tax Provision is likely to drop (174.3
M) in 2024.
Endo International fundamental ratios Correlations
Click cells to compare fundamentals
Endo International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Endo International fundamental ratios Accounts
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measure Endo International'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 Endo International is operating at the current time. Most of Endo International's value examination focuses on studying past and present price action to
predict the probability of Endo International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endo International's price. Additionally, you may evaluate how the addition of Endo International to your portfolios can decrease your overall portfolio volatility.