ESGL Retained Earnings vs Total Liab Analysis
ESGLW Stock | 0.02 0 22.82% |
ESGL Holdings financial indicator trend analysis is much more than just examining ESGL Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESGL Holdings Limited is a good investment. Please check the relationship between ESGL Holdings Retained Earnings and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESGL Holdings 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 bureau of economic analysis.
Retained Earnings vs Total Liab
Retained Earnings vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESGL Holdings Limited Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between ESGL Holdings' Retained Earnings and Total Liab is -0.86. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab in the same time period over historical financial statements of ESGL Holdings Limited, assuming nothing else is changed. The correlation between historical values of ESGL Holdings' Retained Earnings and Total Liab 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 ESGL Holdings Limited are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., ESGL Holdings' Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from ESGL Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESGL Holdings Limited 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 ESGL Holdings 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 bureau of economic analysis. Tax Provision is likely to climb to about 139.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6M | 3.2M | 4.3M | 3.1M | Total Revenue | 4.0M | 5.0M | 6.2M | 4.9M |
ESGL Holdings fundamental ratios Correlations
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ESGL Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running ESGL Holdings' price analysis, check to measure ESGL Holdings' 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 ESGL Holdings is operating at the current time. Most of ESGL Holdings' value examination focuses on studying past and present price action to predict the probability of ESGL Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESGL Holdings' price. Additionally, you may evaluate how the addition of ESGL Holdings to your portfolios can decrease your overall portfolio volatility.