CCL Stock | | | 1,788 23.00 1.27% |
Carnival PLC financial indicator trend analysis is way more than just evaluating Carnival PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carnival PLC is a good investment. Please check the relationship between Carnival PLC Retained Earnings and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival 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 bureau of economic analysis.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Carnival PLC Retained Earnings account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Carnival PLC's Retained Earnings and Property Plant And Equipment Net is -0.07. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Carnival PLC, assuming nothing else is changed. The correlation between historical values of Carnival PLC's Retained Earnings and Property Plant And Equipment Net 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 Carnival PLC are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Carnival PLC's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Carnival PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carnival 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 Carnival 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 bureau of economic analysis.
At present, Carnival PLC's
Tax Provision is projected to decrease significantly based on the last few years of reporting.
Carnival PLC fundamental ratios Correlations
Click cells to compare fundamentals
Carnival PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carnival PLC fundamental ratios Accounts
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Other Information on Investing in Carnival Stock
Balance Sheet is a snapshot of the
financial position of Carnival PLC at a specified time, usually calculated after every quarter, six months, or one year. Carnival PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Carnival PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Carnival currently owns. An asset can also be divided into two categories, current and non-current.