DATA Stock | | | 202.00 1.00 0.49% |
GlobalData PLC financial indicator trend analysis is much more than just examining GlobalData PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlobalData PLC is a good investment. Please check the relationship between GlobalData PLC Non Current Liabilities Total and its Common Stock Total Equity accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in GlobalData 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 board of governors.
Non Current Liabilities Total vs Common Stock Total Equity
Non Current Liabilities Total vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GlobalData PLC Non Current Liabilities Total account and
Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between GlobalData PLC's Non Current Liabilities Total and Common Stock Total Equity is -0.74. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of GlobalData PLC, assuming nothing else is changed. The correlation between historical values of GlobalData PLC's Non Current Liabilities Total and Common Stock Total Equity 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 Liabilities Total of GlobalData PLC are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Non Current Liabilities Total i.e., GlobalData PLC's Non Current Liabilities Total and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from GlobalData PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlobalData 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in GlobalData 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 board of governors.
At this time, GlobalData PLC's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 11.2
M in 2024, whereas
Discontinued Operations is likely to drop (1.5
M) in 2024.
GlobalData PLC fundamental ratios Correlations
Click cells to compare fundamentals
GlobalData PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GlobalData PLC fundamental ratios Accounts
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