ASK Cash And Short Term Investments vs Non Current Assets Total Analysis

ASKAUTOLTD   450.35  0.85  0.19%   
ASK AUTOMOTIVE financial indicator trend analysis is way more than just evaluating ASK AUTOMOTIVE prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASK AUTOMOTIVE is a good investment. Please check the relationship between ASK AUTOMOTIVE Cash And Short Term Investments and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASK AUTOMOTIVE 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 employment.

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASK AUTOMOTIVE Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ASK AUTOMOTIVE's Cash And Short Term Investments and Non Current Assets Total is -0.36. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of ASK AUTOMOTIVE LIMITED, assuming nothing else is changed. The correlation between historical values of ASK AUTOMOTIVE's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of ASK AUTOMOTIVE LIMITED are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., ASK AUTOMOTIVE's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ASK AUTOMOTIVE balance sheet. This account contains ASK AUTOMOTIVE investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ASK AUTOMOTIVE LIMITED fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from ASK AUTOMOTIVE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASK AUTOMOTIVE 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 ASK AUTOMOTIVE 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 employment.
As of the 29th of November 2024, Tax Provision is likely to drop to about 417.6 M. In addition to that, Selling General Administrative is likely to drop to about 119.3 M
 2021 2022 2023 2024 (projected)
Total Revenue20.1B25.5B29.9B23.6B
Depreciation And Amortization559.1M607.1M689.9M621.9M

ASK AUTOMOTIVE fundamental ratios Correlations

0.910.930.990.970.99-0.690.880.970.960.380.99-0.22-0.40.890.36-0.770.770.940.990.19-0.490.980.980.48-0.91
0.910.990.920.770.93-0.411.00.780.770.040.92-0.17-0.520.70.23-0.580.720.990.890.32-0.480.970.840.78-0.79
0.930.990.960.810.95-0.520.990.820.820.060.94-0.27-0.590.780.28-0.630.80.980.930.23-0.520.980.890.75-0.86
0.990.920.960.940.98-0.710.90.930.950.280.97-0.33-0.510.910.33-0.730.840.930.990.11-0.520.990.980.55-0.94
0.970.770.810.940.94-0.780.731.00.990.570.94-0.22-0.250.910.41-0.830.720.820.960.12-0.470.90.970.25-0.89
0.990.930.950.980.94-0.610.910.950.940.311.0-0.15-0.40.840.32-0.740.730.960.970.26-0.450.990.950.51-0.87
-0.69-0.41-0.52-0.71-0.78-0.61-0.38-0.73-0.82-0.57-0.590.70.35-0.94-0.330.59-0.83-0.42-0.770.460.45-0.59-0.83-0.060.87
0.881.00.990.90.730.91-0.380.750.73-0.020.9-0.17-0.550.670.22-0.560.710.980.860.33-0.470.950.810.81-0.77
0.970.780.820.931.00.95-0.730.750.980.560.96-0.13-0.220.870.41-0.830.670.840.950.19-0.460.910.950.26-0.86
0.960.770.820.950.990.94-0.820.730.980.50.93-0.3-0.350.940.34-0.770.770.810.960.01-0.420.90.980.26-0.92
0.380.040.060.280.570.31-0.57-0.020.560.50.33-0.030.550.430.19-0.460.140.140.4-0.1-0.10.220.44-0.44-0.32
0.990.920.940.970.941.0-0.590.90.960.930.33-0.1-0.360.810.35-0.770.690.960.960.31-0.460.980.940.5-0.85
-0.22-0.17-0.27-0.33-0.22-0.150.7-0.17-0.13-0.3-0.03-0.10.59-0.59-0.10.08-0.78-0.07-0.360.730.4-0.22-0.41-0.310.6
-0.4-0.52-0.59-0.51-0.25-0.40.35-0.55-0.22-0.350.55-0.360.59-0.51-0.210.21-0.72-0.42-0.430.180.45-0.48-0.43-0.680.59
0.890.70.780.910.910.84-0.940.670.870.940.430.81-0.59-0.510.34-0.690.920.70.93-0.24-0.510.830.960.33-0.98
0.360.230.280.330.410.32-0.330.220.410.340.190.35-0.1-0.210.34-0.840.290.250.360.43-0.90.30.350.17-0.41
-0.77-0.58-0.63-0.73-0.83-0.740.59-0.56-0.83-0.77-0.46-0.770.080.21-0.69-0.84-0.52-0.64-0.75-0.410.78-0.7-0.75-0.220.72
0.770.720.80.840.720.73-0.830.710.670.770.140.69-0.78-0.720.920.29-0.520.660.85-0.31-0.590.780.860.59-0.95
0.940.990.980.930.820.96-0.420.980.840.810.140.96-0.07-0.420.70.25-0.640.660.90.38-0.440.980.860.68-0.77
0.990.890.930.990.960.97-0.770.860.950.960.40.96-0.36-0.430.930.36-0.750.850.90.08-0.540.970.990.49-0.95
0.190.320.230.110.120.260.460.330.190.01-0.10.310.730.18-0.240.43-0.41-0.310.380.08-0.290.23-0.010.260.13
-0.49-0.48-0.52-0.52-0.47-0.450.45-0.47-0.46-0.42-0.1-0.460.40.45-0.51-0.90.78-0.59-0.44-0.54-0.29-0.49-0.52-0.520.62
0.980.970.980.990.90.99-0.590.950.910.90.220.98-0.22-0.480.830.3-0.70.780.980.970.23-0.490.940.62-0.88
0.980.840.890.980.970.95-0.830.810.950.980.440.94-0.41-0.430.960.35-0.750.860.860.99-0.01-0.520.940.43-0.97
0.480.780.750.550.250.51-0.060.810.260.26-0.440.5-0.31-0.680.330.17-0.220.590.680.490.26-0.520.620.43-0.49
-0.91-0.79-0.86-0.94-0.89-0.870.87-0.77-0.86-0.92-0.32-0.850.60.59-0.98-0.410.72-0.95-0.77-0.950.130.62-0.88-0.97-0.49
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ASK AUTOMOTIVE Account Relationship Matchups

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Other Information on Investing in ASK Stock

Balance Sheet is a snapshot of the financial position of ASK AUTOMOTIVE at a specified time, usually calculated after every quarter, six months, or one year. ASK AUTOMOTIVE Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ASK AUTOMOTIVE 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 ASK currently owns. An asset can also be divided into two categories, current and non-current.