| 21STCENMGM | | | 95.50 1.95 2.00% |
21st Century financial indicator trend analysis is way more than just evaluating 21st Century Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 21st Century Management is a good investment. Please check the relationship between 21st Century Retained Earnings and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 21st Century Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
21st Century Management Retained Earnings account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between 21st Century's Retained Earnings and Property Plant And Equipment Net is 0.13. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of 21st Century Management, assuming nothing else is changed. The correlation between historical values of 21st Century's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of 21st Century Management are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., 21st Century's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.
Most indicators from 21st Century's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 21st Century Management 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 21st Century Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
As of the 29th of November 2024,
Selling General Administrative is likely to drop to about 2.5
M. In addition to that,
Tax Provision is likely to drop to about 6.2
M21st Century fundamental ratios Correlations
Click cells to compare fundamentals
21st Century Account Relationship Matchups
High Positive Relationship
High Negative Relationship
21st Century fundamental ratios Accounts
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Other Information on Investing in 21st Stock
Balance Sheet is a snapshot of the
financial position of 21st Century Management at a specified time, usually calculated after every quarter, six months, or one year. 21st Century Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 21st Century and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 21st currently owns. An asset can also be divided into two categories, current and non-current.