603636 Stock | | | 12.21 0.22 1.77% |
Linewell Software financial indicator trend analysis is infinitely more than just investigating Linewell Software recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linewell Software is a good investment. Please check the relationship between Linewell Software Treasury Stock and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Linewell Software Co. 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.
Treasury Stock vs Other Current Assets
Treasury Stock vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Linewell Software Treasury Stock account and
Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Linewell Software's Treasury Stock and Other Current Assets is 0.83. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Linewell Software Co, assuming nothing else is changed. The correlation between historical values of Linewell Software's Treasury Stock 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 Treasury Stock of Linewell Software Co 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 Treasury Stock i.e., Linewell Software's Treasury Stock and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Treasury Stock
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 Linewell Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linewell Software 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 Linewell Software Co. 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 2, 2024,
Selling General Administrative is expected to decline to about 126.5
M. The current year's
Tax Provision is expected to grow to about (4.3
M)
Linewell Software fundamental ratios Correlations
Click cells to compare fundamentals
Linewell Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Linewell Software fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Linewell Stock
Balance Sheet is a snapshot of the
financial position of Linewell Software at a specified time, usually calculated after every quarter, six months, or one year. Linewell Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Linewell Software 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 Linewell currently owns. An asset can also be divided into two categories, current and non-current.