NCC Stock | | | 144.20 2.60 1.84% |
NCC Group financial indicator trend analysis is infinitely more than just investigating NCC Group plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NCC Group plc is a good investment. Please check the relationship between NCC Group Property Plant And Equipment Net and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCC Group 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.
Property Plant And Equipment Net vs Total Assets
Property Plant And Equipment Net vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NCC Group plc Property Plant And Equipment Net account and
Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NCC Group's Property Plant And Equipment Net and Total Assets is 0.88. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of NCC Group plc, assuming nothing else is changed. The correlation between historical values of NCC Group's Property Plant And Equipment Net and Total 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 Property Plant And Equipment Net of NCC Group plc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., NCC Group's Property Plant And Equipment Net and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Total Assets
Total assets refers to the total amount of NCC Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NCC Group plc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from NCC Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NCC Group 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 NCC Group 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.
The current year's
Selling General Administrative is expected to grow to about 95.5
M, whereas
Discontinued Operations is forecasted to decline to (6.6
M).
NCC Group fundamental ratios Correlations
Click cells to compare fundamentals
NCC Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NCC Group fundamental ratios Accounts
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Other Information on Investing in NCC Stock
Balance Sheet is a snapshot of the
financial position of NCC Group plc at a specified time, usually calculated after every quarter, six months, or one year. NCC Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NCC Group 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 NCC currently owns. An asset can also be divided into two categories, current and non-current.