TRD Stock | | | 290.00 10.00 3.33% |
Triad Group financial indicator trend analysis is much more than just breaking down Triad Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Triad Group PLC is a good investment. Please check the relationship between Triad Group Net Receivables and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Triad Group 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.
Net Receivables vs Selling General Administrative
Net Receivables vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Triad Group PLC Net Receivables account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Triad Group's Net Receivables and Selling General Administrative is 0.77. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Triad Group PLC, assuming nothing else is changed. The correlation between historical values of Triad Group's Net Receivables and Selling General Administrative 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 Receivables of Triad Group PLC are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Receivables i.e., Triad Group's Net Receivables and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Selling General Administrative
Most indicators from Triad Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Triad Group 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 Triad Group 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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 3.6
M. The current year's
Tax Provision is expected to grow to about (264.1
K)
Triad Group fundamental ratios Correlations
Click cells to compare fundamentals
Triad Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Triad Group fundamental ratios Accounts
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Other Information on Investing in Triad Stock
Balance Sheet is a snapshot of the
financial position of Triad Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Triad Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Triad Group 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 Triad currently owns. An asset can also be divided into two categories, current and non-current.