FIS Stock | | | USD 86.08 0.58 0.68% |
Fidelity National financial indicator trend analysis is much more than just examining Fidelity National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity National is a good investment. Please check the relationship between Fidelity National Accounts Payable and its Other Stockholder Equity accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Accounts Payable vs Other Stockholder Equity
Accounts Payable vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidelity National Accounts Payable account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fidelity National's Accounts Payable and Other Stockholder Equity is 0.53. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Fidelity National Information, assuming nothing else is changed. The correlation between historical values of Fidelity National's Accounts Payable and Other Stockholder 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 Accounts Payable of Fidelity National Information are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Fidelity National's Accounts Payable and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Fidelity National obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fidelity National are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Other Stockholder Equity
Most indicators from Fidelity National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity National 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 Fidelity National Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Fidelity National's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 1.2
M in 2024, whereas
Tax Provision is likely to drop slightly above 223.3
M in 2024.
Fidelity National fundamental ratios Correlations
Click cells to compare fundamentals
Fidelity National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidelity National fundamental ratios Accounts
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Additional Tools for Fidelity Stock Analysis
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measure Fidelity National's 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 Fidelity National is operating at the current time. Most of Fidelity National's value examination focuses on studying past and present price action to
predict the probability of Fidelity National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity National's price. Additionally, you may evaluate how the addition of Fidelity National to your portfolios can decrease your overall portfolio volatility.