North Non Current Liabilities Total vs Total Current Assets Analysis

The correlation between North Atlantic's Non Current Liabilities Total and Total Current Assets is -0.34. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of North Atlantic Smaller, assuming nothing else is changed. The correlation between historical values of North Atlantic's Non Current Liabilities Total 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 Non Current Liabilities Total of North Atlantic Smaller 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 Non Current Liabilities Total i.e., North Atlantic's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.