AUTG Stock | | | 7.00 0.00 0.00% |
Autins Group financial indicator trend analysis is way more than just evaluating Autins Group plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autins Group plc is a good investment. Please check the relationship between Autins Group Accounts Payable and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Autins Group plc. 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.
Accounts Payable vs Good Will
Accounts Payable vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Autins Group plc Accounts Payable account and
Good Will. At this time, the significance of the direction appears to have weak relationship.
The correlation between Autins Group's Accounts Payable and Good Will is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Autins Group plc, assuming nothing else is changed. The correlation between historical values of Autins Group's Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Autins Group plc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Autins Group's Accounts Payable and Good Will go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Autins Group obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Autins Group plc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Autins Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autins Group plc 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 Autins Group plc. 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 6.7
M in 2024.
Tax Provision is likely to drop to about (154.6
K) in 2024
Autins Group fundamental ratios Correlations
Click cells to compare fundamentals
Autins Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Autins Group fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Autins Stock Analysis
When running Autins Group's price analysis, check to
measure Autins Group'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 Autins Group is operating at the current time. Most of Autins Group's value examination focuses on studying past and present price action to
predict the probability of Autins Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autins Group's price. Additionally, you may evaluate how the addition of Autins Group to your portfolios can decrease your overall portfolio volatility.