AZJ Stock | | | 3.40 0.02 0.58% |
Aurizon Holdings financial indicator trend analysis is way more than just evaluating Aurizon Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurizon Holdings is a good investment. Please check the relationship between Aurizon Holdings Retained Earnings and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurizon Holdings. 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.
Retained Earnings vs Inventory
Retained Earnings vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aurizon Holdings Retained Earnings account and
Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aurizon Holdings' Retained Earnings and Inventory is 0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory in the same time period over historical financial statements of Aurizon Holdings, assuming nothing else is changed. The correlation between historical values of Aurizon Holdings' Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Aurizon Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Aurizon Holdings' Retained Earnings and Inventory go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Inventory
Most indicators from Aurizon Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurizon Holdings 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 Aurizon Holdings. 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.
At this time, Aurizon Holdings'
Discontinued Operations is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 187.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 987
M in 2024.
Aurizon Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Aurizon Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aurizon Holdings fundamental ratios Accounts
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Additional Tools for Aurizon Stock Analysis
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measure Aurizon Holdings' 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 Aurizon Holdings is operating at the current time. Most of Aurizon Holdings' value examination focuses on studying past and present price action to
predict the probability of Aurizon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurizon Holdings' price. Additionally, you may evaluate how the addition of Aurizon Holdings to your portfolios can decrease your overall portfolio volatility.