AEP Stock | | | 684.00 4.00 0.59% |
Anglo Eastern financial indicator trend analysis is way more than just evaluating Anglo Eastern Planta prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anglo Eastern Planta is a good investment. Please check the relationship between Anglo Eastern Total Current Liabilities and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anglo Eastern Plantations PLC. 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.
Total Current Liabilities vs Property Plant And Equipment Net
Total Current Liabilities vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anglo Eastern Planta Total Current Liabilities account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Anglo Eastern's Total Current Liabilities and Property Plant And Equipment Net is 0.41. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Anglo Eastern Plantations PLC, assuming nothing else is changed. The correlation between historical values of Anglo Eastern's Total Current Liabilities and Property Plant And Equipment Net 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 Liabilities of Anglo Eastern Plantations PLC are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Liabilities i.e., Anglo Eastern's Total Current Liabilities and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Anglo Eastern balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Anglo Eastern Plantations PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Anglo Eastern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anglo Eastern Planta 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 Anglo Eastern Plantations PLC. 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.
The current year's
Tax Provision is expected to grow to about 20.2
M, whereas
Selling General Administrative is forecasted to decline to about 7
M.
Anglo Eastern fundamental ratios Correlations
Click cells to compare fundamentals
Anglo Eastern Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anglo Eastern fundamental ratios Accounts
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Other Information on Investing in Anglo Stock
Balance Sheet is a snapshot of the
financial position of Anglo Eastern Planta at a specified time, usually calculated after every quarter, six months, or one year. Anglo Eastern Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anglo Eastern 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 Anglo currently owns. An asset can also be divided into two categories, current and non-current.