300022 Stock | | | 4.98 0.03 0.60% |
Gifore Agricultural financial indicator trend analysis is much more than just examining Gifore Agricultural latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gifore Agricultural is a good investment. Please check the relationship between Gifore Agricultural Deferred Long Term Liab and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gifore Agricultural Machinery. 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.
Deferred Long Term Liab vs Other Current Assets
Deferred Long Term Liab vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gifore Agricultural Deferred Long Term Liab account and
Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gifore Agricultural's Deferred Long Term Liab and Other Current Assets is 0.56. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Gifore Agricultural Machinery, assuming nothing else is changed. The correlation between historical values of Gifore Agricultural's Deferred Long Term Liab and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Gifore Agricultural Machinery are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Deferred Long Term Liab i.e., Gifore Agricultural's Deferred Long Term Liab and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Gifore Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gifore Agricultural 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 Gifore Agricultural Machinery. 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.
As of December 4, 2024,
Selling General Administrative is expected to decline to about 149.7
M. In addition to that,
Tax Provision is expected to decline to about 18
MGifore Agricultural fundamental ratios Correlations
Click cells to compare fundamentals
Gifore Agricultural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gifore Agricultural fundamental ratios Accounts
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Other Information on Investing in Gifore Stock
Balance Sheet is a snapshot of the
financial position of Gifore Agricultural at a specified time, usually calculated after every quarter, six months, or one year. Gifore Agricultural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gifore Agricultural 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 Gifore currently owns. An asset can also be divided into two categories, current and non-current.