FXPO Stock | | | 109.00 4.40 3.88% |
Ferrexpo PLC financial indicator trend analysis is much more than just examining Ferrexpo PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferrexpo PLC is a good investment. Please check the relationship between Ferrexpo PLC Net Receivables and its Cash accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferrexpo 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.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ferrexpo PLC Net Receivables account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ferrexpo PLC's Net Receivables and Cash is 0.49. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Ferrexpo PLC, assuming nothing else is changed. The correlation between historical values of Ferrexpo PLC's Net Receivables 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 Net Receivables of Ferrexpo 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 Net Receivables i.e., Ferrexpo PLC's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Cash
Cash refers to the most liquid asset of Ferrexpo PLC, which is listed under current asset account on Ferrexpo PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ferrexpo PLC customers. The amounts must be unrestricted with restricted cash listed in a different Ferrexpo 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 Ferrexpo PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferrexpo 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 Ferrexpo 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.
Selling General Administrative is likely to drop to about 62
M in 2024.
Tax Provision is likely to drop to about 15.5
M in 2024
Ferrexpo PLC fundamental ratios Correlations
Click cells to compare fundamentals
Ferrexpo PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ferrexpo PLC fundamental ratios Accounts
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Additional Tools for Ferrexpo Stock Analysis
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measure Ferrexpo 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 Ferrexpo PLC is operating at the current time. Most of Ferrexpo PLC's value examination focuses on studying past and present price action to
predict the probability of Ferrexpo 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 Ferrexpo PLC's price. Additionally, you may evaluate how the addition of Ferrexpo PLC to your portfolios can decrease your overall portfolio volatility.