| SCLP Stock | | | 10.75 0.10 0.92% |
Scancell Hldgs financial indicator trend analysis is much more than just breaking down Scancell Hldgs Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scancell Hldgs Plc is a good investment. Please check the relationship between Scancell Hldgs Property Plant Equipment and its Total Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Scancell Hldgs 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 board of governors.
Property Plant Equipment vs Total Assets
Property Plant Equipment vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scancell Hldgs Plc Property Plant Equipment account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Scancell Hldgs' Property Plant Equipment and Total Assets is 0.76. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Scancell Hldgs Plc, assuming nothing else is changed. The correlation between historical values of Scancell Hldgs' Property Plant Equipment 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 Equipment of Scancell Hldgs 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 Equipment i.e., Scancell Hldgs' Property Plant Equipment and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Property Plant Equipment
Total Assets
Total assets refers to the total amount of Scancell Hldgs 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 Scancell Hldgs 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 Scancell Hldgs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scancell Hldgs 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Scancell Hldgs 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 board of governors.
Selling General Administrative is likely to gain to about 5.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (3.1
M).
Scancell Hldgs fundamental ratios Correlations
Click cells to compare fundamentals
Scancell Hldgs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scancell Hldgs fundamental ratios Accounts
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