| EGY Stock | | | 0.03 0.00 0.00% |
Energy Technologies financial indicator trend analysis is much more than just examining Energy Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Technologies is a good investment. Please check the relationship between Energy Technologies Total Liab and its Non Current Liabilities Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Technologies Limited. 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.
Total Liab vs Non Current Liabilities Total
Total Liab vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Energy Technologies Total Liab account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Energy Technologies' Total Liab and Non Current Liabilities Total is 0.82. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Energy Technologies Limited, assuming nothing else is changed. The correlation between historical values of Energy Technologies' Total Liab and Non Current Liabilities Total 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 Liab of Energy Technologies Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Liab i.e., Energy Technologies' Total Liab and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Non Current Liabilities Total
Most indicators from Energy Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Technologies 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 Energy Technologies Limited. 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, Energy Technologies'
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 4.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.3
M in 2024.
Energy Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Energy Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Energy Technologies fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Energy Stock Analysis
When running Energy Technologies' price analysis, check to
measure Energy Technologies' 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 Energy Technologies is operating at the current time. Most of Energy Technologies' value examination focuses on studying past and present price action to
predict the probability of Energy Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Technologies' price. Additionally, you may evaluate how the addition of Energy Technologies to your portfolios can decrease your overall portfolio volatility.