ARA Stock | | | 0.41 0.02 4.65% |
Aclara Resources financial indicator trend analysis is way more than just evaluating Aclara Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aclara Resources is a good investment. Please check the relationship between Aclara Resources Net Invested Capital 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 Aclara Resources. 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.
Net Invested Capital vs Property Plant And Equipment Net
Net Invested Capital 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
Aclara Resources Net Invested Capital account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aclara Resources' Net Invested Capital and Property Plant And Equipment Net is 0.85. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Aclara Resources, assuming nothing else is changed. The correlation between historical values of Aclara Resources' Net Invested Capital 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 Net Invested Capital of Aclara Resources 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 Net Invested Capital i.e., Aclara Resources' Net Invested Capital and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Aclara Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aclara Resources 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 Aclara Resources. 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.
As of the 30th of November 2024,
Selling General Administrative is likely to grow to about 7.2
M, while
Issuance Of Capital Stock is likely to drop 0.00.
Aclara Resources fundamental ratios Correlations
Click cells to compare fundamentals
Aclara Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aclara Resources fundamental ratios Accounts
Other Information on Investing in Aclara Stock
Balance Sheet is a snapshot of the
financial position of Aclara Resources at a specified time, usually calculated after every quarter, six months, or one year. Aclara Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aclara Resources 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 Aclara currently owns. An asset can also be divided into two categories, current and non-current.