AVON Stock | | | 1,366 20.00 1.44% |
Avon Protection financial indicator trend analysis is way more than just evaluating Avon Protection PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avon Protection PLC is a good investment. Please check the relationship between Avon Protection Total Current Assets and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avon Protection 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.
Total Current Assets vs Short Long Term Debt Total
Total Current Assets vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avon Protection PLC Total Current Assets account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avon Protection's Total Current Assets and Short Long Term Debt Total is 0.54. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Avon Protection PLC, assuming nothing else is changed. The correlation between historical values of Avon Protection's Total Current Assets and Short Long Term Debt 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 Total Current Assets of Avon Protection PLC are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Avon Protection's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Short Long Term Debt Total
Most indicators from Avon Protection's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avon Protection 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 Avon Protection 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 gain to about 88.6
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (1.2
M).
Avon Protection fundamental ratios Correlations
Click cells to compare fundamentals
Avon Protection Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avon Protection fundamental ratios Accounts
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Additional Tools for Avon Stock Analysis
When running Avon Protection's price analysis, check to
measure Avon Protection'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 Avon Protection is operating at the current time. Most of Avon Protection's value examination focuses on studying past and present price action to
predict the probability of Avon Protection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avon Protection's price. Additionally, you may evaluate how the addition of Avon Protection to your portfolios can decrease your overall portfolio volatility.