688617 Stock | | | 362.62 10.47 2.97% |
APT Medical financial indicator trend analysis is way more than just evaluating APT Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether APT Medical is a good investment. Please check the relationship between APT Medical Non Current Liabilities Total and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in APT Medical. 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.
Non Current Liabilities Total vs Other Current Assets
Non Current Liabilities Total vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
APT Medical Non Current Liabilities Total account and
Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between APT Medical's Non Current Liabilities Total and Other Current Assets is -0.73. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of APT Medical, assuming nothing else is changed. The correlation between historical values of APT Medical's Non Current Liabilities Total and Other Current 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 Non Current Liabilities Total of APT Medical are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Liabilities Total i.e., APT Medical's Non Current Liabilities Total and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from APT Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into APT Medical 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 APT Medical. 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.
The current year's
Selling General Administrative is expected to grow to about 346.8
M, whereas
Tax Provision is forecasted to decline to about 41
M.
APT Medical fundamental ratios Correlations
Click cells to compare fundamentals
APT Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
APT Medical fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in APT Stock
Balance Sheet is a snapshot of the
financial position of APT Medical at a specified time, usually calculated after every quarter, six months, or one year. APT Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of APT Medical 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 APT currently owns. An asset can also be divided into two categories, current and non-current.