FOG Stock | | | 4.25 0.00 0.00% |
Falcon Oil financial indicator trend analysis is much more than just examining Falcon Oil Gas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Falcon Oil Gas is a good investment. Please check the relationship between Falcon Oil Capital Expenditures and its Change To Netincome accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Falcon Oil Gas. 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.
Capital Expenditures vs Change To Netincome
Capital Expenditures vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Falcon Oil Gas Capital Expenditures account and
Change To Netincome. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Falcon Oil's Capital Expenditures and Change To Netincome is 0.17. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Falcon Oil Gas, assuming nothing else is changed. The correlation between historical values of Falcon Oil's Capital Expenditures and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Falcon Oil Gas are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Capital Expenditures i.e., Falcon Oil's Capital Expenditures and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Falcon Oil Gas to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Falcon Oil operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Netincome
Most indicators from Falcon Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Falcon Oil Gas 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 Falcon Oil Gas. 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.
The current year's
Selling General Administrative is expected to grow to about 3.6
M, whereas
Issuance Of Capital Stock is forecasted to decline to 0.00.
Falcon Oil fundamental ratios Correlations
Click cells to compare fundamentals
Falcon Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Falcon Oil fundamental ratios Accounts
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Other Information on Investing in Falcon Stock
Balance Sheet is a snapshot of the
financial position of Falcon Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Falcon Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Falcon Oil 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 Falcon currently owns. An asset can also be divided into two categories, current and non-current.