Invesco Cash vs Non Current Assets Total Analysis
VCV Stock | USD 10.24 0.02 0.19% |
Invesco California financial indicator trend analysis is infinitely more than just investigating Invesco California Value recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invesco California Value is a good investment. Please check the relationship between Invesco California Cash 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 Invesco California Value. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Cash vs Non Current Assets Total
Cash vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco California Value Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Invesco California's Cash and Non Current Assets Total is -0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Invesco California Value, assuming nothing else is changed. The correlation between historical values of Invesco California's Cash 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 Cash of Invesco California Value 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 Cash i.e., Invesco California's Cash and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Invesco California Value, which is listed under current asset account on Invesco California Value balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Invesco California customers. The amounts must be unrestricted with restricted cash listed in a different Invesco California account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Invesco California's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invesco California Value 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 Invesco California Value. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Invesco California's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 24.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 306.8 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 30.1M | 32.9M | 33.7M | 33.7M | Other Operating Expenses | 32.6M | 100.5M | 20.2M | 22.5M |
Invesco California fundamental ratios Correlations
Click cells to compare fundamentals
Invesco California Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Invesco Stock Analysis
When running Invesco California's price analysis, check to measure Invesco California's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco California is operating at the current time. Most of Invesco California's value examination focuses on studying past and present price action to predict the probability of Invesco California's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco California's price. Additionally, you may evaluate how the addition of Invesco California to your portfolios can decrease your overall portfolio volatility.