000560 Stock | | | 3.44 0.02 0.58% |
5I5j Holding financial indicator trend analysis is way more than just evaluating 5I5j Holding Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 5I5j Holding Group is a good investment. Please check the relationship between 5I5j Holding Good Will and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 5I5j Holding Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Good Will vs Cash
Good Will vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
5I5j Holding Group Good Will account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 5I5j Holding's Good Will and Cash is 0.85. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of 5I5j Holding Group, assuming nothing else is changed. The correlation between historical values of 5I5j Holding's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of 5I5j Holding Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., 5I5j Holding's Good Will and Cash go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Cash
Cash refers to the most liquid asset of 5I5j Holding Group, which is listed under current asset account on 5I5j Holding Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from 5I5j Holding customers. The amounts must be unrestricted with restricted cash listed in a different 5I5j Holding 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.
Most indicators from 5I5j Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 5I5j Holding Group 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in 5I5j Holding Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 1.1
B, whereas
Tax Provision is projected to grow to (5.8
M).
5I5j Holding fundamental ratios Correlations
Click cells to compare fundamentals
5I5j Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
5I5j Holding fundamental ratios Accounts
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Other Information on Investing in 5I5j Stock
Balance Sheet is a snapshot of the
financial position of 5I5j Holding Group at a specified time, usually calculated after every quarter, six months, or one year. 5I5j Holding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 5I5j Holding 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 5I5j currently owns. An asset can also be divided into two categories, current and non-current.