AGI Stock | | | 1,224 26.95 2.15% |
AGI Greenpac financial indicator trend analysis is way more than just evaluating AGI Greenpac Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGI Greenpac Limited is a good investment. Please check the relationship between AGI Greenpac Change To Netincome and its Net Borrowings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AGI Greenpac 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.
Change To Netincome vs Net Borrowings
Change To Netincome vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AGI Greenpac Limited Change To Netincome account and
Net Borrowings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AGI Greenpac's Change To Netincome and Net Borrowings is 0.56. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of AGI Greenpac Limited, assuming nothing else is changed. The correlation between historical values of AGI Greenpac's Change To Netincome and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of AGI Greenpac Limited are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Netincome i.e., AGI Greenpac's Change To Netincome and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Netincome
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from AGI Greenpac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGI Greenpac 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 AGI Greenpac 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.
At present, AGI Greenpac's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
AGI Greenpac fundamental ratios Correlations
Click cells to compare fundamentals
AGI Greenpac Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AGI Greenpac fundamental ratios Accounts
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Other Information on Investing in AGI Stock
Balance Sheet is a snapshot of the
financial position of AGI Greenpac Limited at a specified time, usually calculated after every quarter, six months, or one year. AGI Greenpac Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AGI Greenpac 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 AGI currently owns. An asset can also be divided into two categories, current and non-current.