| 688630 Stock | | | 62.39 0.11 0.18% |
Circuit Fabology financial indicator trend analysis is way more than just evaluating Circuit Fabology Mic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Circuit Fabology Mic is a good investment. Please check the relationship between Circuit Fabology Net Invested Capital and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Circuit Fabology Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Net Invested Capital vs Total Stockholder Equity
Net Invested Capital vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Circuit Fabology Mic Net Invested Capital account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Circuit Fabology's Net Invested Capital and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Circuit Fabology Microelectronics, assuming nothing else is changed. The correlation between historical values of Circuit Fabology's Net Invested Capital and Total Stockholder Equity 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 Invested Capital of Circuit Fabology Microelectronics are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Invested Capital i.e., Circuit Fabology's Net Invested Capital and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Circuit Fabology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Circuit Fabology Mic 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 Circuit Fabology Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 70.9
M, whereas
Tax Provision is forecasted to decline to about 11.7
M.
Circuit Fabology fundamental ratios Correlations
Click cells to compare fundamentals
Circuit Fabology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Circuit Fabology fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Circuit Stock
Balance Sheet is a snapshot of the
financial position of Circuit Fabology Mic at a specified time, usually calculated after every quarter, six months, or one year. Circuit Fabology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Circuit Fabology 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 Circuit currently owns. An asset can also be divided into two categories, current and non-current.