KAP Stock | | | 40.35 0.10 0.25% |
National Atomic financial indicator trend analysis is infinitely more than just investigating National Atomic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Atomic is a good investment. Please check the relationship between National Atomic Retained Earnings and its Total Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Atomic Co. 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.
Retained Earnings vs Total Current Assets
Retained Earnings vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
National Atomic Retained Earnings account and
Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Atomic's Retained Earnings and Total Current Assets is 0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of National Atomic Co, assuming nothing else is changed. The correlation between historical values of National Atomic's Retained Earnings and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of National Atomic Co are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., National Atomic's Retained Earnings and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from National Atomic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Atomic 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Atomic Co. 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.
At present, National Atomic's
Tax Provision is projected to increase significantly based on the last few years of reporting.
National Atomic fundamental ratios Correlations
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National Atomic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Atomic fundamental ratios Accounts
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Other Information on Investing in National Stock
Balance Sheet is a snapshot of the
financial position of National Atomic at a specified time, usually calculated after every quarter, six months, or one year. National Atomic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of National Atomic 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 National currently owns. An asset can also be divided into two categories, current and non-current.