Fredonia Total Assets vs Property Plant Equipment Analysis
FRED Stock | 0.28 0.00 0.00% |
Fredonia Mining financial indicator trend analysis is much more than just examining Fredonia Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fredonia Mining is a good investment. Please check the relationship between Fredonia Mining Total Assets and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fredonia Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fredonia Mining Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fredonia Mining's Total Assets and Property Plant Equipment is 0.11. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Fredonia Mining, assuming nothing else is changed. The correlation between historical values of Fredonia Mining's Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Fredonia Mining are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Fredonia Mining's Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Fredonia Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fredonia Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant Equipment
Most indicators from Fredonia Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fredonia Mining 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 Fredonia Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Selling General Administrative is likely to climb to about 1.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Fredonia Mining fundamental ratios Correlations
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Fredonia Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fredonia Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 578.8K | 1.3M | 454.0K | 571.6K | 657.4K | 704.8K | |
Retained Earnings | (4.0M) | (7.2M) | (6.4M) | (14.9M) | (13.4M) | (12.8M) | |
Accounts Payable | 115.4K | 514.6K | 429.0K | 411.1K | 472.8K | 342.6K | |
Total Current Assets | 12.9K | 3.6M | 2.8M | 418.9K | 481.8K | 457.7K |
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Additional Tools for Fredonia Stock Analysis
When running Fredonia Mining's price analysis, check to measure Fredonia Mining'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 Fredonia Mining is operating at the current time. Most of Fredonia Mining's value examination focuses on studying past and present price action to predict the probability of Fredonia Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fredonia Mining's price. Additionally, you may evaluate how the addition of Fredonia Mining to your portfolios can decrease your overall portfolio volatility.