| 0O77 Stock | | | 11,420 106.92 0.93% |
AP Moeller financial indicator trend analysis is way more than just evaluating AP Moeller prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AP Moeller is a good investment. Please check the relationship between AP Moeller Selling General Administrative and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AP Moeller . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative vs Total Current Liabilities
Selling General Administrative vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AP Moeller Selling General Administrative account and
Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AP Moeller's Selling General Administrative and Total Current Liabilities is -0.35. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of AP Moeller , assuming nothing else is changed. The correlation between historical values of AP Moeller's Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of AP Moeller are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., AP Moeller's Selling General Administrative and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Selling General Administrative
Total Current Liabilities
Total Current Liabilities is an item on AP Moeller balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AP Moeller are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from AP Moeller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AP Moeller 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 AP Moeller . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 1.5
B in 2024, whereas
Tax Provision is likely to drop slightly above 363.7
M in 2024.
AP Moeller fundamental ratios Correlations
Click cells to compare fundamentals
AP Moeller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AP Moeller fundamental ratios Accounts
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