SGU Stock | | | USD 12.48 0.17 1.38% |
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 Total Liab and its Property Plant Equipment 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.
Total Liab vs Property Plant Equipment
Total Liab vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Gas Partners Total Liab account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Star Gas' Total Liab and Property Plant Equipment is 0.31. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant Equipment 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' Total Liab 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 Liab of Star Gas Partners 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 Liab i.e., Star Gas' Total Liab and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Property Plant Equipment
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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