| HLCL Stock | | | 179.60 0.60 0.34% |
Helical Bar financial indicator trend analysis is much more than just examining Helical Bar Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helical Bar Plc is a good investment. Please check the relationship between Helical Bar Inventory and its Non Current Assets Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helical Bar 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 board of governors.
Inventory vs Non Current Assets Total
Inventory vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Helical Bar Plc Inventory account and
Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Helical Bar's Inventory and Non Current Assets Total is -0.01. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Helical Bar Plc, assuming nothing else is changed. The correlation between historical values of Helical Bar's Inventory and Non Current Assets 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 Inventory of Helical Bar Plc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Inventory i.e., Helical Bar's Inventory and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Inventory
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Helical Bar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helical Bar Plc 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 Helical Bar 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 board of governors.
Selling General Administrative is likely to drop to about 10.8
M in 2025.
Tax Provision is likely to drop to about 153
K in 2025
Helical Bar fundamental ratios Correlations
Click cells to compare fundamentals
Helical Bar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Helical Bar fundamental ratios Accounts
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Additional Tools for Helical Stock Analysis
When running Helical Bar's price analysis, check to
measure Helical Bar'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 Helical Bar is operating at the current time. Most of Helical Bar's value examination focuses on studying past and present price action to
predict the probability of Helical Bar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helical Bar's price. Additionally, you may evaluate how the addition of Helical Bar to your portfolios can decrease your overall portfolio volatility.