| ASH Stock | | | 0.21 0.01 4.55% |
Ashley Services financial indicator trend analysis is way more than just evaluating Ashley Services Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ashley Services Group is a good investment. Please check the relationship between Ashley Services Net Receivables and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashley Services Group. 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 Receivables vs Total Current Assets
Net Receivables vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ashley Services Group Net Receivables account and
Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ashley Services' Net Receivables and Total Current Assets is 0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Ashley Services Group, assuming nothing else is changed. The correlation between historical values of Ashley Services' Net Receivables and Total Current Assets 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 Ashley Services Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., Ashley Services' Net Receivables and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.14 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Receivables
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.
Most indicators from Ashley Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ashley Services Group 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 Ashley Services Group. 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.
Selling General Administrative is likely to gain to about 645.2
M in 2025, whereas
Discontinued Operations is likely to drop (504.6
K) in 2025.
Ashley Services fundamental ratios Correlations
Click cells to compare fundamentals
Ashley Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ashley Services fundamental ratios Accounts
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Additional Tools for Ashley Stock Analysis
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measure Ashley Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashley Services is operating at the current time. Most of Ashley Services' value examination focuses on studying past and present price action to
predict the probability of Ashley Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashley Services' price. Additionally, you may evaluate how the addition of Ashley Services to your portfolios can decrease your overall portfolio volatility.