PFC Stock | | | 495.30 1.30 0.26% |
Power Finance financial indicator trend analysis is much more than just breaking down Power Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Finance is a good investment. Please check the relationship between Power Finance Total Current Assets and its Property Plant Equipment accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Assets vs Property Plant Equipment
Total Current Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Power Finance Total Current Assets account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Power Finance's Total Current Assets and Property Plant Equipment is -0.65. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Power Finance, assuming nothing else is changed. The correlation between historical values of Power Finance's Total Current Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Power Finance are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Power Finance's Total Current Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Property Plant Equipment
Most indicators from Power Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Finance 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, which includes a position in Power Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 1, 2024,
Selling General Administrative is expected to decline to about 308.9
M. In addition to that,
Tax Provision is expected to decline to about 46.8
BPower Finance fundamental ratios Correlations
Click cells to compare fundamentals
Power Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Power Finance fundamental ratios Accounts
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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.
Other Information on Investing in Power Stock
Balance Sheet is a snapshot of the
financial position of Power Finance at a specified time, usually calculated after every quarter, six months, or one year. Power Finance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power Finance 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 Power currently owns. An asset can also be divided into two categories, current and non-current.