FIS Stock | | | USD 85.55 0.61 0.72% |
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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidelity National Property Plant And Equipment Net account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fidelity National's Property Plant And Equipment Net and Cash is 0.75. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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 Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Fidelity National Information are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Fidelity National's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Cash
Cash refers to the most liquid asset of Fidelity National, which is listed under current asset account on Fidelity National Information balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fidelity National customers. The amounts must be unrestricted with restricted cash listed in a different Fidelity National account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
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