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 Short Long Term Debt Total and its Cash 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.
Short Long Term Debt Total vs Cash
Short Long Term Debt Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NCC Group plc Short Long Term Debt Total account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between NCC Group's Short Long Term Debt Total and Cash is 0.6. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash 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 Short Long Term Debt Total and Cash 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 Long Term Debt Total of NCC Group plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt Total i.e., NCC Group's Short Long Term Debt Total and Cash go up and down completely randomly.
Cash refers to the most liquid asset of NCC Group plc, which is listed under current asset account on NCC Group plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NCC Group customers. The amounts must be unrestricted with restricted cash listed in a different NCC Group account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.