FPR Stock | | | 3.17 0.01 0.32% |
FleetPartners financial indicator trend analysis is much more than just examining FleetPartners Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FleetPartners Group is a good investment. Please check the relationship between FleetPartners Depreciation And Amortization and its Total Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FleetPartners Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation And Amortization vs Total Revenue
Depreciation And Amortization vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FleetPartners Group Depreciation And Amortization account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between FleetPartners' Depreciation And Amortization and Total Revenue is 0.7. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue in the same time period over historical financial statements of FleetPartners Group, assuming nothing else is changed. The correlation between historical values of FleetPartners' Depreciation And Amortization and Total Revenue 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 And Amortization of FleetPartners Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., FleetPartners' Depreciation And Amortization and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Total Revenue
Total revenue comprises all receipts FleetPartners Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from FleetPartners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FleetPartners Group 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 FleetPartners Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 74.5
M in 2024, whereas
Tax Provision is likely to drop slightly above 32.4
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 608.6M | 676.8M | 778.3M | 539.8M | Depreciation And Amortization | 174.7M | 184.6M | 212.3M | 204.7M |
FleetPartners fundamental ratios Correlations
Click cells to compare fundamentals
FleetPartners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FleetPartners fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for FleetPartners Stock Analysis
When running FleetPartners' price analysis, check to
measure FleetPartners' 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 FleetPartners is operating at the current time. Most of FleetPartners' value examination focuses on studying past and present price action to
predict the probability of FleetPartners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FleetPartners' price. Additionally, you may evaluate how the addition of FleetPartners to your portfolios can decrease your overall portfolio volatility.