FCPT Stock | | | USD 29.25 0.08 0.27% |
Four Corners financial indicator trend analysis is much more than just examining Four Corners Property latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Four Corners Property is a good investment. Please check the relationship between Four Corners Cash And Short Term Investments and its Inventory accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Four Corners Property. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Cash And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Four Corners Property Cash And Short Term Investments account and
Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Four Corners' Cash And Short Term Investments and Inventory is -0.02. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Four Corners Property, assuming nothing else is changed. The correlation between historical values of Four Corners' Cash And Short Term Investments and Inventory 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 Four Corners Property are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., Four Corners' Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Four Corners Property balance sheet. This account contains Four Corners investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Four Corners Property 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.
Inventory
Most indicators from Four Corners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Four Corners Property 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 Four Corners Property. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Tax Provision is likely to gain to about 136.5
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.1
M in 2024.
Four Corners fundamental ratios Correlations
Click cells to compare fundamentals
Four Corners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Four Corners fundamental ratios Accounts
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Additional Tools for Four Stock Analysis
When running Four Corners' price analysis, check to
measure Four Corners' 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 Four Corners is operating at the current time. Most of Four Corners' value examination focuses on studying past and present price action to
predict the probability of Four Corners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Four Corners' price. Additionally, you may evaluate how the addition of Four Corners to your portfolios can decrease your overall portfolio volatility.