ACG Net Receivables vs Cash And Short Term Investments Analysis
| ACG Stock | 5.10 0.00 0.00% |
ACG Acquisition financial indicator trend analysis is way more than just evaluating ACG Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACG Acquisition is a good investment. Please check the relationship between ACG Acquisition Net Receivables and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACG Acquisition Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACG Acquisition Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between ACG Acquisition's Net Receivables and Cash And Short Term Investments is 0.62. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of ACG Acquisition Co, assuming nothing else is changed. The correlation between historical values of ACG Acquisition's Net Receivables and Cash And Short Term Investments 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 Receivables of ACG Acquisition Co are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., ACG Acquisition's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of ACG Acquisition balance sheet. This account contains ACG Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ACG Acquisition Co 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.Most indicators from ACG Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACG Acquisition 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 ACG Acquisition Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of December 2, 2024, Selling General Administrative is expected to decline to about 1.6 M
ACG Acquisition fundamental ratios Correlations
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ACG Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of ACG Acquisition at a specified time, usually calculated after every quarter, six months, or one year. ACG Acquisition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ACG Acquisition 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 ACG currently owns. An asset can also be divided into two categories, current and non-current.