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Auswide Bank financial indicator trend analysis is way more than just evaluating Auswide Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auswide Bank is a good investment. Please check the relationship between Auswide Bank Cash and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Auswide Bank. 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.
Cash vs Net Receivables
Cash vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Auswide Bank Cash account and
Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Auswide Bank's Cash and Net Receivables is -0.16. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Auswide Bank, assuming nothing else is changed. The correlation between historical values of Auswide Bank's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Auswide Bank are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Auswide Bank's Cash and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Auswide Bank, which is listed under current asset account on Auswide Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Auswide Bank customers. The amounts must be unrestricted with restricted cash listed in a different Auswide Bank 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.
Net Receivables
Most indicators from Auswide Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auswide Bank 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 Auswide Bank. 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.
Selling General Administrative is likely to gain to about 44.6
M in 2024.
Discontinued Operations is likely to gain to about 577.4
K in 2024
Auswide Bank fundamental ratios Correlations
Click cells to compare fundamentals
Auswide Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Auswide Bank fundamental ratios Accounts
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Additional Tools for Auswide Stock Analysis
When running Auswide Bank's price analysis, check to
measure Auswide Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Auswide Bank is operating at the current time. Most of Auswide Bank's value examination focuses on studying past and present price action to
predict the probability of Auswide Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auswide Bank's price. Additionally, you may evaluate how the addition of Auswide Bank to your portfolios can decrease your overall portfolio volatility.