FERG Stock | | | 14,860 260.00 1.72% |
Ferguson Plc financial indicator trend analysis is much more than just examining Ferguson Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferguson Plc is a good investment. Please check the relationship between Ferguson Plc Non Current Liabilities Total and its Net Receivables accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferguson 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 board of governors.
For more information on how to buy Ferguson Stock please use our
How to Invest in Ferguson Plc guide.
Non Current Liabilities Total vs Net Receivables
Non Current Liabilities Total vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ferguson Plc Non Current Liabilities Total account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ferguson Plc's Non Current Liabilities Total and Net Receivables is 0.79. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Ferguson Plc, assuming nothing else is changed. The correlation between historical values of Ferguson Plc's Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ferguson Plc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Ferguson Plc's Non Current Liabilities Total and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Net Receivables
Most indicators from Ferguson Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferguson 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferguson 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 board of governors.
For more information on how to buy Ferguson Stock please use our
How to Invest in Ferguson Plc guide.At this time, Ferguson Plc's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 29.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 459.4
M in 2024.
Ferguson Plc fundamental ratios Correlations
Click cells to compare fundamentals
Ferguson Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ferguson Plc fundamental ratios Accounts
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Additional Tools for Ferguson Stock Analysis
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measure Ferguson Plc'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 Ferguson Plc is operating at the current time. Most of Ferguson Plc's value examination focuses on studying past and present price action to
predict the probability of Ferguson Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferguson Plc's price. Additionally, you may evaluate how the addition of Ferguson Plc to your portfolios can decrease your overall portfolio volatility.