LANDMARK | | | 637.40 7.10 1.13% |
Landmark Cars financial indicator trend analysis is infinitely more than just investigating Landmark Cars Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Landmark Cars Limited is a good investment. Please check the relationship between Landmark Cars Cash And Short Term Investments and its Net Receivables accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landmark Cars Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Landmark Cars Limited Cash And Short Term Investments account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Landmark Cars' Cash And Short Term Investments and Net Receivables is -0.48. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Landmark Cars Limited, assuming nothing else is changed. The correlation between historical values of Landmark Cars' Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Landmark Cars Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Landmark Cars' Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Landmark Cars Limited balance sheet. This account contains Landmark Cars investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Landmark Cars Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Receivables
Most indicators from Landmark Cars' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Landmark Cars Limited 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 Landmark Cars Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
As of 11/26/2024,
Selling General Administrative is likely to grow to about 2.4
B, while
Tax Provision is likely to drop slightly above 106.4
M.
Landmark Cars fundamental ratios Correlations
Click cells to compare fundamentals
Landmark Cars Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Landmark Cars fundamental ratios Accounts
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Additional Tools for Landmark Stock Analysis
When running Landmark Cars' price analysis, check to
measure Landmark Cars' 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 Landmark Cars is operating at the current time. Most of Landmark Cars' value examination focuses on studying past and present price action to
predict the probability of Landmark Cars' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landmark Cars' price. Additionally, you may evaluate how the addition of Landmark Cars to your portfolios can decrease your overall portfolio volatility.