NBB Stock | | | 4.75 0.75 13.64% |
Norman Broadbent financial indicator trend analysis is infinitely more than just investigating Norman Broadbent Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norman Broadbent Plc is a good investment. Please check the relationship between Norman Broadbent Short Term Debt and its Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norman Broadbent 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 bureau of economic analysis.
Short Term Debt vs Short Term Investments
Short Term Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Norman Broadbent Plc Short Term Debt account and
Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Norman Broadbent's Short Term Debt and Short Term Investments is 0.59. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Norman Broadbent Plc, assuming nothing else is changed. The correlation between historical values of Norman Broadbent's Short Term Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Norman Broadbent Plc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Term Debt i.e., Norman Broadbent's Short Term Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Debt
Short Term Investments
Short Term Investments is an item under the current assets section of Norman Broadbent balance sheet. It contains any investments Norman Broadbent Plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Norman Broadbent Plc can easily liquidate in the marketplace.
Most indicators from Norman Broadbent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norman Broadbent 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norman Broadbent 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 bureau of economic analysis.
At present, Norman Broadbent's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
Norman Broadbent fundamental ratios Correlations
Click cells to compare fundamentals
Norman Broadbent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Norman Broadbent fundamental ratios Accounts
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Other Information on Investing in Norman Stock
Balance Sheet is a snapshot of the
financial position of Norman Broadbent Plc at a specified time, usually calculated after every quarter, six months, or one year. Norman Broadbent Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Norman Broadbent 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 Norman currently owns. An asset can also be divided into two categories, current and non-current.