IOLCP Stock | | | 386.70 3.85 1.01% |
IOL Chemicals financial indicator trend analysis is infinitely more than just investigating IOL Chemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IOL Chemicals is a good investment. Please check the relationship between IOL Chemicals Non Current Assets Total and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IOL Chemicals and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Non Current Assets Total vs Total Revenue
Non Current Assets Total vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IOL Chemicals Non Current Assets Total account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IOL Chemicals' Non Current Assets Total and Total Revenue is 0.85. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of IOL Chemicals and, assuming nothing else is changed. The correlation between historical values of IOL Chemicals' Non Current Assets Total 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 Non Current Assets Total of IOL Chemicals and 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 Non Current Assets Total i.e., IOL Chemicals' Non Current Assets Total and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Total Revenue
Total revenue comprises all receipts IOL Chemicals 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 IOL Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IOL Chemicals 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 IOL Chemicals and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
As of the 24th of January 2025,
Tax Provision is likely to grow to about 682.6
M, while
Selling General Administrative is likely to drop about 45
M.
IOL Chemicals fundamental ratios Correlations
Click cells to compare fundamentals
IOL Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IOL Chemicals fundamental ratios Accounts
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Other Information on Investing in IOL Stock
Balance Sheet is a snapshot of the
financial position of IOL Chemicals at a specified time, usually calculated after every quarter, six months, or one year. IOL Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IOL Chemicals 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 IOL currently owns. An asset can also be divided into two categories, current and non-current.