Onfolio Current Deferred Revenue vs Non Current Assets Total Analysis
ONFOW Stock | USD 0.20 0.01 5.26% |
Onfolio Holdings financial indicator trend analysis is much more than just breaking down Onfolio Holdings Warrant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Onfolio Holdings Warrant is a good investment. Please check the relationship between Onfolio Holdings Current Deferred Revenue and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Current Deferred Revenue vs Non Current Assets Total
Current Deferred Revenue vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Onfolio Holdings Warrant Current Deferred Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Onfolio Holdings' Current Deferred Revenue and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Onfolio Holdings Warrant, assuming nothing else is changed. The correlation between historical values of Onfolio Holdings' Current Deferred Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Onfolio Holdings Warrant are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Current Deferred Revenue i.e., Onfolio Holdings' Current Deferred Revenue and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Onfolio Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Onfolio Holdings Warrant 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Onfolio Holdings' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 735.0K | 1.2M | 3.2M | 3.4M | Total Revenue | 1.8M | 2.2M | 5.2M | 5.5M |
Onfolio Holdings fundamental ratios Correlations
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Onfolio Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Onfolio Holdings' price analysis, check to measure Onfolio Holdings' 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 Onfolio Holdings is operating at the current time. Most of Onfolio Holdings' value examination focuses on studying past and present price action to predict the probability of Onfolio Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onfolio Holdings' price. Additionally, you may evaluate how the addition of Onfolio Holdings to your portfolios can decrease your overall portfolio volatility.