FIX Stock | | | USD 489.97 13.72 2.88% |
Comfort Systems financial indicator trend analysis is way more than just evaluating Comfort Systems USA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comfort Systems USA is a good investment. Please check the relationship between Comfort Systems Treasury Stock and its Long Term Debt Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Comfort Systems USA. 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.
Treasury Stock vs Long Term Debt Total
Treasury Stock vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Comfort Systems USA Treasury Stock account and
Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Comfort Systems' Treasury Stock and Long Term Debt Total is -0.92. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Comfort Systems USA, assuming nothing else is changed. The correlation between historical values of Comfort Systems' Treasury Stock and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Comfort Systems USA are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Treasury Stock i.e., Comfort Systems' Treasury Stock and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Treasury Stock
Long Term Debt Total
Most indicators from Comfort Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comfort Systems USA 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 Comfort Systems USA. 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, Comfort Systems'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 62.4
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (12.8
K).
Comfort Systems fundamental ratios Correlations
Click cells to compare fundamentals
Comfort Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comfort Systems fundamental ratios Accounts
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Additional Tools for Comfort Stock Analysis
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measure Comfort Systems' 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 Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to
predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.