TMT Stock | | | 2.97 0.27 8.33% |
TMT Investments financial indicator trend analysis is much more than just breaking down TMT Investments PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMT Investments PLC is a good investment. Please check the relationship between TMT Investments Other Assets and its Net Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TMT Investments 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 bureau of economic analysis.
Other Assets vs Net Debt
Other Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TMT Investments PLC Other Assets account and
Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between TMT Investments' Other Assets and Net Debt is 0.35. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of TMT Investments PLC, assuming nothing else is changed. The correlation between historical values of TMT Investments' Other Assets and Net 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 Other Assets of TMT Investments PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., TMT Investments' Other Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from TMT Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMT Investments 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 TMT Investments 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 bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 744.5
K, whereas
Issuance Of Capital Stock is forecasted to decline to 0.00.
TMT Investments fundamental ratios Correlations
Click cells to compare fundamentals
TMT Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TMT Investments fundamental ratios Accounts
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Other Information on Investing in TMT Stock
Balance Sheet is a snapshot of the
financial position of TMT Investments PLC at a specified time, usually calculated after every quarter, six months, or one year. TMT Investments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TMT Investments 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 TMT currently owns. An asset can also be divided into two categories, current and non-current.