CMBT Stock | | | 11.01 0.28 2.48% |
Euronav NV financial indicator trend analysis is much more than just examining Euronav NV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euronav NV is a good investment. Please check the relationship between Euronav NV Total Stockholder Equity and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Euronav NV. 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 labor statistics.
For more information on how to buy Euronav Stock please use our
How to Invest in Euronav NV guide.
Total Stockholder Equity vs Short Long Term Debt
Total Stockholder Equity vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Euronav NV Total Stockholder Equity account and
Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Euronav NV's Total Stockholder Equity and Short Long Term Debt is -0.88. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Euronav NV, assuming nothing else is changed. The correlation between historical values of Euronav NV's Total Stockholder Equity and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Euronav NV are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Euronav NV's Total Stockholder Equity and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Euronav NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euronav NV 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 Euronav NV. 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 labor statistics.
For more information on how to buy Euronav Stock please use our
How to Invest in Euronav NV guide.At this time, Euronav NV's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.05 in 2024, whereas
Selling General Administrative is likely to drop slightly above 39.6
M in 2024.
Euronav NV fundamental ratios Correlations
Click cells to compare fundamentals
Euronav NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Euronav NV fundamental ratios Accounts
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Additional Tools for Euronav Stock Analysis
When running Euronav NV's price analysis, check to
measure Euronav NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to
predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.