| GICRE Stock | | | 399.60 1.95 0.49% |
General Insurance financial indicator trend analysis is much more than just examining General Insurance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Insurance is a good investment. Please check the relationship between General Insurance Cash and its Property Plant And Equipment Net accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
General Insurance Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between General Insurance's Cash and Property Plant And Equipment Net is 0.86. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of General Insurance, assuming nothing else is changed. The correlation between historical values of General Insurance's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of General Insurance are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., General Insurance's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of General Insurance, which is listed under current asset account on General Insurance balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from General Insurance customers. The amounts must be unrestricted with restricted cash listed in a different General Insurance 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.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from General Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into General Insurance 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
As of the 1st of December 2024,
Selling General Administrative is likely to drop to about 147.3
M. In addition to that,
Tax Provision is likely to drop to about 9.8
BGeneral Insurance fundamental ratios Correlations
Click cells to compare fundamentals
General Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
General Insurance fundamental ratios Accounts
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Other Information on Investing in General Stock
Balance Sheet is a snapshot of the
financial position of General Insurance at a specified time, usually calculated after every quarter, six months, or one year. General Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of General Insurance 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 General currently owns. An asset can also be divided into two categories, current and non-current.