FPH Stock | | | 33.55 0.13 0.39% |
Fisher Paykel financial indicator trend analysis is much more than just examining Fisher Paykel Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fisher Paykel Healthcare is a good investment. Please check the relationship between Fisher Paykel Selling General Administrative and its Tax Provision accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fisher Paykel Healthcare. 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 vs Tax Provision
Selling General Administrative vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fisher Paykel Healthcare Selling General Administrative account and
Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between Fisher Paykel's Selling General Administrative and Tax Provision is 0.05. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Fisher Paykel Healthcare, assuming nothing else is changed. The correlation between historical values of Fisher Paykel's Selling General Administrative and Tax Provision 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 Fisher Paykel Healthcare are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling General Administrative i.e., Fisher Paykel's Selling General Administrative and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling General Administrative
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Fisher Paykel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fisher Paykel Healthcare 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 Fisher Paykel Healthcare. 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.
At this time, Fisher Paykel's
Discontinued Operations is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 517.4
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.8
M in 2024.
Fisher Paykel fundamental ratios Correlations
Click cells to compare fundamentals
Fisher Paykel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fisher Paykel fundamental ratios Accounts
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