FNX Stock | | | 0.31 0.01 3.13% |
Finexia Financial financial indicator trend analysis is much more than just examining Finexia Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finexia Financial is a good investment. Please check the relationship between Finexia Financial Total Current Liabilities and its Cash accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finexia Financial Group. 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Finexia Financial Total Current Liabilities account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Finexia Financial's Total Current Liabilities and Cash is -0.09. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Finexia Financial Group, assuming nothing else is changed. The correlation between historical values of Finexia Financial's Total Current Liabilities 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 Total Current Liabilities of Finexia Financial Group 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 Total Current Liabilities i.e., Finexia Financial's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Finexia Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Finexia Financial Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Cash
Cash refers to the most liquid asset of Finexia Financial, which is listed under current asset account on Finexia Financial Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Finexia Financial customers. The amounts must be unrestricted with restricted cash listed in a different Finexia Financial 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 Finexia Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finexia Financial 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 Finexia Financial Group. 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.
Selling General Administrative is likely to gain to about 6.8
M in 2024.
Tax Provision is likely to gain to about 173.8
K in 2024
Finexia Financial fundamental ratios Correlations
Click cells to compare fundamentals
Finexia Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Finexia Financial fundamental ratios Accounts
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Additional Tools for Finexia Stock Analysis
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measure Finexia Financial'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 Finexia Financial is operating at the current time. Most of Finexia Financial's value examination focuses on studying past and present price action to
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