SURETRACK Net Working Capital vs Non Current Assets Total Analysis
| STK Stock | 0.40 0.05 14.29% |
SURETRACK MON financial indicator trend analysis is much more than just breaking down SURETRACK MON prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SURETRACK MON is a good investment. Please check the relationship between SURETRACK MON Net Working Capital and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SURETRACK MON . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Working Capital vs Non Current Assets Total
Net Working Capital vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SURETRACK MON Net Working Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SURETRACK MON's Net Working Capital and Non Current Assets Total is -0.34. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of SURETRACK MON , assuming nothing else is changed. The correlation between historical values of SURETRACK MON's Net Working Capital and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of SURETRACK MON are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Working Capital i.e., SURETRACK MON's Net Working Capital and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Working Capital
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.Most indicators from SURETRACK MON's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SURETRACK MON 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 SURETRACK MON . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 1.4 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
SURETRACK MON fundamental ratios Correlations
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SURETRACK MON Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 SURETRACK Stock
Balance Sheet is a snapshot of the financial position of SURETRACK MON at a specified time, usually calculated after every quarter, six months, or one year. SURETRACK MON Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SURETRACK MON 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 SURETRACK currently owns. An asset can also be divided into two categories, current and non-current.