| 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 Total Current Liabilities and its Retained Earnings 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.
Total Current Liabilities vs Retained Earnings
Total Current Liabilities vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Helical Bar Plc Total Current Liabilities account and
Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Helical Bar's Total Current Liabilities and Retained Earnings is -0.2. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings 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 Current Liabilities of Helical Bar Plc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Helical Bar's Total Current Liabilities and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Helical Bar balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Helical Bar Plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.