FINOPB Stock | | | 370.30 9.40 2.60% |
Fino Payments financial indicator trend analysis is much more than just examining Fino Payments Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fino Payments Bank is a good investment. Please check the relationship between Fino Payments Depreciation and its Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fino Payments Bank. 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.
Depreciation vs Investments
Depreciation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fino Payments Bank Depreciation account and
Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Fino Payments' Depreciation and Investments is -0.92. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Fino Payments Bank, assuming nothing else is changed. The correlation between historical values of Fino Payments' Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Fino Payments Bank are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Fino Payments' Depreciation and Investments go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Fino Payments Bank value has been used up. For tax purposes Fino Payments can deduct the cost of the tangible assets it purchases as business expenses. However, Fino Payments Bank must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Fino Payments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fino Payments Bank 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 Fino Payments Bank. 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.
The current year's
Tax Provision is expected to grow to about 840
K, whereas
Selling General Administrative is forecasted to decline to about 369.1
M.
Fino Payments fundamental ratios Correlations
Click cells to compare fundamentals
Fino Payments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fino Payments fundamental ratios Accounts
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Other Information on Investing in Fino Stock
Balance Sheet is a snapshot of the
financial position of Fino Payments Bank at a specified time, usually calculated after every quarter, six months, or one year. Fino Payments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fino Payments 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 Fino currently owns. An asset can also be divided into two categories, current and non-current.