| CRN Stock | | | 171.00 0.20 0.12% |
Cairn Homes financial indicator trend analysis is way more than just evaluating Cairn Homes PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cairn Homes PLC is a good investment. Please check the relationship between Cairn Homes Total Cash From Operating Activities and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cairn Homes 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.
Total Cash From Operating Activities vs Total Assets
Total Cash From Operating Activities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cairn Homes PLC Total Cash From Operating Activities account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cairn Homes' Total Cash From Operating Activities and Total Assets is 0.97. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Cairn Homes PLC, assuming nothing else is changed. The correlation between historical values of Cairn Homes' Total Cash From Operating Activities 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 Total Cash From Operating Activities of Cairn Homes PLC 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 Total Cash From Operating Activities i.e., Cairn Homes' Total Cash From Operating Activities and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Cash From Operating Activities
Total Assets
Total assets refers to the total amount of Cairn Homes 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 Cairn Homes PLC 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 Cairn Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cairn Homes 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 Cairn Homes 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.
The current year's
Selling General Administrative is expected to grow to about 18
M. The current year's
Tax Provision is expected to grow to about 14.7
MCairn Homes fundamental ratios Correlations
Click cells to compare fundamentals
Cairn Homes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cairn Homes fundamental ratios Accounts
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Other Information on Investing in Cairn Stock
Balance Sheet is a snapshot of the
financial position of Cairn Homes PLC at a specified time, usually calculated after every quarter, six months, or one year. Cairn Homes Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cairn Homes 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 Cairn currently owns. An asset can also be divided into two categories, current and non-current.