ANG Stock | | | 35.50 0.00 0.00% |
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 Other Liab and its Common Stock Total Equity 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.
Other Liab vs Common Stock Total Equity
Other Liab vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Angling Direct PLC Other Liab account and
Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Angling Direct's Other Liab and Common Stock Total Equity is -0.23. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock Total Equity 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 Other Liab and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Angling Direct PLC are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Liab i.e., Angling Direct's Other Liab and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Liab
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 4, 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.