SGU Stock | | | USD 12.61 0.13 1.04% |
Star Gas financial indicator trend analysis is much more than just breaking down Star Gas Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Gas Partners is a good investment. Please check the relationship between Star Gas Non Current Assets Total and its Other Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Gas Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Non Current Assets Total vs Other Liab
Non Current Assets Total vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Gas Partners Non Current Assets Total account and
Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Star Gas' Non Current Assets Total and Other Liab is 0.89. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Liab in the same time period over historical financial statements of Star Gas Partners, assuming nothing else is changed. The correlation between historical values of Star Gas' Non Current Assets Total and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Star Gas Partners are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Current Assets Total i.e., Star Gas' Non Current Assets Total and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Other Liab
Most indicators from Star Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Gas Partners 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 Star Gas Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Star Gas'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 16.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.
Star Gas fundamental ratios Correlations
Click cells to compare fundamentals
Star Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Gas fundamental ratios Accounts
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