ANG Stock | | | 39.00 0.50 1.30% |
Angling Direct financial indicator trend analysis is way more than just evaluating Angling Direct PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angling Direct PLC is a good investment. Please check the relationship between Angling Direct Common Stock Total Equity and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Angling Direct PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Common Stock Total Equity vs Short Long Term Debt Total
Common Stock Total Equity vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Angling Direct PLC Common Stock Total Equity account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Angling Direct's Common Stock Total Equity and Short Long Term Debt Total is 0.91. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Angling Direct PLC, assuming nothing else is changed. The correlation between historical values of Angling Direct's Common Stock Total Equity and Short Long Term Debt 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 Common Stock Total Equity of Angling Direct PLC are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Total Equity i.e., Angling Direct's Common Stock Total Equity and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Short Long Term Debt Total
Most indicators from Angling Direct's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angling Direct PLC 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 Angling Direct PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 14.2
M. In addition to that,
Tax Provision is expected to decline to about 230.9
KAngling Direct fundamental ratios Correlations
Click cells to compare fundamentals
Angling Direct Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Angling Direct fundamental ratios Accounts
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Other Information on Investing in Angling Stock
Balance Sheet is a snapshot of the
financial position of Angling Direct PLC at a specified time, usually calculated after every quarter, six months, or one year. Angling Direct Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Angling Direct 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 Angling currently owns. An asset can also be divided into two categories, current and non-current.