| CCCL Stock | | | 19.00 0.90 4.97% |
Consolidated Construction financial indicator trend analysis is way more than just evaluating Consolidated Construction prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consolidated Construction is a good investment. Please check the relationship between Consolidated Construction Non Current Assets Total and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Consolidated Construction Consortium. 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 Current Assets Total vs Total Assets
Non Current Assets Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Consolidated Construction Non Current Assets Total account and
Total Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Consolidated Construction's Non Current Assets Total and Total Assets is 0.04. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Consolidated Construction Consortium, assuming nothing else is changed. The correlation between historical values of Consolidated Construction's Non Current Assets Total 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 Current Assets Total of Consolidated Construction Consortium 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 Current Assets Total i.e., Consolidated Construction's Non Current Assets Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.04 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Total Assets
Total assets refers to the total amount of Consolidated Construction 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 Consolidated Construction 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 Consolidated Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consolidated Construction 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 Consolidated Construction Consortium. 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.
Discontinued Operations is likely to gain to about 26.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 91.2
M in 2024.
Consolidated Construction fundamental ratios Correlations
Click cells to compare fundamentals
Consolidated Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Consolidated Construction fundamental ratios Accounts
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Additional Tools for Consolidated Stock Analysis
When running Consolidated Construction's price analysis, check to
measure Consolidated Construction'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 Consolidated Construction is operating at the current time. Most of Consolidated Construction's value examination focuses on studying past and present price action to
predict the probability of Consolidated Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Construction's price. Additionally, you may evaluate how the addition of Consolidated Construction to your portfolios can decrease your overall portfolio volatility.