| CNC Stock | | | 142.00 2.00 1.39% |
Concurrent Technologies financial indicator trend analysis is way more than just evaluating Concurrent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Concurrent Technologies is a good investment. Please check the relationship between Concurrent Technologies Selling General Administrative and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Concurrent Technologies 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.
Selling General Administrative vs Total Assets
Selling General Administrative vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Concurrent Technologies Selling General Administrative account and
Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Concurrent Technologies' Selling General Administrative and Total Assets is 0.84. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of Concurrent Technologies Plc, assuming nothing else is changed. The correlation between historical values of Concurrent Technologies' Selling General Administrative and Total 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 Selling General Administrative of Concurrent Technologies Plc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., Concurrent Technologies' Selling General Administrative and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Selling General Administrative
Total Assets
Total assets refers to the total amount of Concurrent Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Concurrent Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Concurrent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Concurrent Technologies 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 Concurrent Technologies 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.
At present, Concurrent Technologies'
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Concurrent Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Concurrent Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Concurrent Technologies fundamental ratios Accounts
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Other Information on Investing in Concurrent Stock
Balance Sheet is a snapshot of the
financial position of Concurrent Technologies at a specified time, usually calculated after every quarter, six months, or one year. Concurrent Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Concurrent Technologies 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 Concurrent currently owns. An asset can also be divided into two categories, current and non-current.