Albatros Total Current Assets vs Net Working Capital Analysis
| ALBT-P Stock | 0.01 0.00 0.00% |
Albatros Acquisition financial indicator trend analysis is way more than just evaluating Albatros Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albatros Acquisition is a good investment. Please check the relationship between Albatros Acquisition Total Current Assets and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albatros Acquisition. 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.
Total Current Assets vs Net Working Capital
Total Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albatros Acquisition Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Albatros Acquisition's Total Current Assets and Net Working Capital is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Albatros Acquisition, assuming nothing else is changed. The correlation between historical values of Albatros Acquisition's Total Current Assets and Net Working Capital 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 Assets of Albatros Acquisition are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Albatros Acquisition's Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Working Capital
Most indicators from Albatros Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albatros 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 Albatros Acquisition. 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. The current year's Selling General Administrative is expected to grow to about 64.6 K, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
Albatros Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Albatros Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Albatros Stock
Balance Sheet is a snapshot of the financial position of Albatros Acquisition at a specified time, usually calculated after every quarter, six months, or one year. Albatros Acquisition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Albatros 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 Albatros currently owns. An asset can also be divided into two categories, current and non-current.