PKX Stock | | | USD 53.92 0.48 0.88% |
POSCO Holdings financial indicator trend analysis is much more than just breaking down POSCO Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POSCO Holdings is a good investment. Please check the relationship between POSCO Holdings Property Plant And Equipment Net and its Short Term Debt accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in POSCO Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy POSCO Stock please use our
How to Invest in POSCO Holdings guide.
Property Plant And Equipment Net vs Short Term Debt
Property Plant And Equipment Net vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
POSCO Holdings Property Plant And Equipment Net account and
Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between POSCO Holdings' Property Plant And Equipment Net and Short Term Debt is 0.88. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of POSCO Holdings, assuming nothing else is changed. The correlation between historical values of POSCO Holdings' Property Plant And Equipment Net and Short Term Debt 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 POSCO Holdings are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., POSCO Holdings' Property Plant And Equipment Net and Short Term Debt 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.
Short Term Debt
Most indicators from POSCO Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POSCO Holdings 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 POSCO Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy POSCO Stock please use our
How to Invest in POSCO Holdings guide.
Sales General And Administrative To Revenue is likely to rise to 0.04 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.5
T in 2024.
POSCO Holdings fundamental ratios Correlations
Click cells to compare fundamentals
POSCO Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
POSCO Holdings fundamental ratios Accounts
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Additional Tools for POSCO Stock Analysis
When running POSCO Holdings' price analysis, check to
measure POSCO 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 POSCO Holdings is operating at the current time. Most of POSCO Holdings' value examination focuses on studying past and present price action to
predict the probability of POSCO Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POSCO Holdings' price. Additionally, you may evaluate how the addition of POSCO Holdings to your portfolios can decrease your overall portfolio volatility.