601319 Stock | | | 7.01 0.31 4.23% |
Peoples Insurance financial indicator trend analysis is much more than just breaking down Peoples Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peoples Insurance is a good investment. Please check the relationship between Peoples Insurance Other Current Liab and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Peoples Insurance of. 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.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Peoples Insurance Other Current Liab account and
Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Peoples Insurance's Other Current Liab and Cash is -0.81. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Peoples Insurance of, assuming nothing else is changed. The correlation between historical values of Peoples Insurance's Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Peoples Insurance of are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Peoples Insurance's Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Current Liab
Cash
Cash refers to the most liquid asset of Peoples Insurance, which is listed under current asset account on Peoples Insurance of balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Peoples Insurance customers. The amounts must be unrestricted with restricted cash listed in a different Peoples Insurance account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Peoples Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peoples Insurance 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 Peoples Insurance of. 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.
At present, Peoples Insurance's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 3.7
B, whereas
Issuance Of Capital Stock is forecasted to decline to about 1.7
B.
Peoples Insurance fundamental ratios Correlations
Click cells to compare fundamentals
Peoples Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Peoples Insurance fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Peoples Stock
Balance Sheet is a snapshot of the
financial position of Peoples Insurance at a specified time, usually calculated after every quarter, six months, or one year. Peoples Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Peoples Insurance 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 Peoples currently owns. An asset can also be divided into two categories, current and non-current.