G4M Stock | | | 170.00 5.00 3.03% |
Gear4music (Holdings) financial indicator trend analysis is much more than just examining Gear4music (Holdings) latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gear4music (Holdings) is a good investment. Please check the relationship between Gear4music (Holdings) Property Plant And Equipment Net and its Non Current Liabilities Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gear4music Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Property Plant And Equipment Net vs Non Current Liabilities Total
Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gear4music (Holdings) Property Plant And Equipment Net account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gear4music (Holdings)'s Property Plant And Equipment Net and Non Current Liabilities Total is 0.82. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Gear4music Plc, assuming nothing else is changed. The correlation between historical values of Gear4music (Holdings)'s Property Plant And Equipment Net and Non Current Liabilities 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 Property Plant And Equipment Net of Gear4music Plc are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., Gear4music (Holdings)'s Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Non Current Liabilities Total
Most indicators from Gear4music (Holdings)'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gear4music (Holdings) 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gear4music Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 19.8
M, whereas
Tax Provision is projected to grow to (63.6
K).
Gear4music (Holdings) fundamental ratios Correlations
Click cells to compare fundamentals
Gear4music (Holdings) Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gear4music (Holdings) fundamental ratios Accounts
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Other Information on Investing in Gear4music Stock
Balance Sheet is a snapshot of the
financial position of Gear4music (Holdings) at a specified time, usually calculated after every quarter, six months, or one year. Gear4music (Holdings) Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gear4music (Holdings) and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gear4music currently owns. An asset can also be divided into two categories, current and non-current.