| AUI Stock | | | 10.68 0.05 0.47% |
Australian United financial indicator trend analysis is way more than just evaluating Australian United prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian United is a good investment. Please check the relationship between Australian United Non Currrent Assets Other and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian United Investment. 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.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Australian United Non Currrent Assets Other account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Australian United's Non Currrent Assets Other and Total Assets is -0.46. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Australian United Investment, assuming nothing else is changed. The correlation between historical values of Australian United's Non Currrent Assets Other and Total 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 Non Currrent Assets Other of Australian United Investment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Australian United's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.46 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Total Assets
Total assets refers to the total amount of Australian United assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Australian United books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Australian United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian United 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 Australian United Investment. 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 drop to about 1.1
M in 2024.
Tax Provision is likely to drop to about 1
M in 2024
Australian United fundamental ratios Correlations
Click cells to compare fundamentals
Australian United Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Australian United fundamental ratios Accounts
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Additional Tools for Australian Stock Analysis
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measure Australian United's 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 Australian United is operating at the current time. Most of Australian United's value examination focuses on studying past and present price action to
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