| 688630 Stock | | | 63.72 0.07 0.11% |
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 Total Current Assets and its Cash 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.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Circuit Fabology Mic Total Current Assets account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Circuit Fabology's Total Current Assets and Cash is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets 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 Total Current Assets of Circuit Fabology Microelectronics 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 Total Current Assets i.e., Circuit Fabology's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Cash
Cash refers to the most liquid asset of Circuit Fabology Mic, which is listed under current asset account on Circuit Fabology Microelectronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Circuit Fabology customers. The amounts must be unrestricted with restricted cash listed in a different Circuit Fabology 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 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.