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 Short Long Term Debt Total and its Cash 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.
Short Long Term Debt Total vs Cash
Short Long Term Debt Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ferguson Plc Short Long Term Debt Total account and
Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ferguson Plc's Short Long Term Debt Total and Cash is 0.19. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash 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 Short Long Term Debt Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Ferguson Plc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt Total i.e., Ferguson Plc's Short Long Term Debt Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Cash
Cash refers to the most liquid asset of Ferguson Plc, which is listed under current asset account on Ferguson Plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ferguson Plc customers. The amounts must be unrestricted with restricted cash listed in a different Ferguson Plc account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.