Capricorn Energy financial indicator trend analysis is way more than just evaluating Capricorn Energy PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capricorn Energy PLC is a good investment. Please check the relationship between Capricorn Energy Cash And Short Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capricorn Energy 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.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capricorn Energy PLC Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Capricorn Energy's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Capricorn Energy PLC, assuming nothing else is changed. The correlation between historical values of Capricorn Energy's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Capricorn Energy PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Capricorn Energy's Cash And Short Term Investments and Cash go up and down completely randomly.
Short Term Investments is an account in the current assets section of Capricorn Energy PLC balance sheet. This account contains Capricorn Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Capricorn Energy PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Cash
Cash refers to the most liquid asset of Capricorn Energy PLC, which is listed under current asset account on Capricorn Energy PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Capricorn Energy customers. The amounts must be unrestricted with restricted cash listed in a different Capricorn Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Capricorn Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capricorn Energy 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 Capricorn Energy 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the financial position of Capricorn Energy PLC at a specified time, usually calculated after every quarter, six months, or one year. Capricorn Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Capricorn Energy 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 Capricorn currently owns. An asset can also be divided into two categories, current and non-current.