AUTG Stock | | | 7.00 0.50 7.69% |
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 Good Will and its Total Current Liabilities 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.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Autins Group plc Good Will account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Autins Group's Good Will and Total Current Liabilities is 0.42. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities 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 Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Autins Group plc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Autins Group's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Total Current Liabilities
Total Current Liabilities is an item on Autins Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Autins Group plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
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