| FXPO Stock | | | 97.80 7.80 8.67% |
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 Total Assets and its Intangible Assets 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.
Total Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ferrexpo PLC Total Assets account and
Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ferrexpo PLC's Total Assets and Intangible Assets is 0.5. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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 Total Assets and Intangible Assets 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 Assets of Ferrexpo PLC are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Ferrexpo PLC's Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Ferrexpo PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ferrexpo PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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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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.