ACF Stock | | | 1.05 0.03 2.78% |
Acrow financial indicator trend analysis is way more than just evaluating Acrow Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acrow Limited is a good investment. Please check the relationship between Acrow Cash And Short Term Investments and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Acrow Limited. 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 And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Acrow Limited Cash And Short Term Investments account and
Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Acrow's Cash And Short Term Investments and Total Assets is 0.33. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Acrow Limited, assuming nothing else is changed. The correlation between historical values of Acrow's Cash And Short Term Investments and Total 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 Cash And Short Term Investments of Acrow Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., Acrow's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Acrow Limited balance sheet. This account contains Acrow investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Acrow Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Assets
Total assets refers to the total amount of Acrow assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Acrow Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Acrow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acrow Limited 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 Acrow Limited. 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.
Tax Provision is likely to gain to about 6.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 145
K in 2024.
Acrow fundamental ratios Correlations
Click cells to compare fundamentals
Acrow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acrow fundamental ratios Accounts
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Additional Tools for Acrow Stock Analysis
When running Acrow's price analysis, check to
measure Acrow'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 Acrow is operating at the current time. Most of Acrow's value examination focuses on studying past and present price action to
predict the probability of Acrow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acrow's price. Additionally, you may evaluate how the addition of Acrow to your portfolios can decrease your overall portfolio volatility.