LANDMARK | | | 656.00 1.45 0.22% |
Landmark Cars financial indicator trend analysis is infinitely more than just investigating Landmark Cars Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Landmark Cars Limited is a good investment. Please check the relationship between Landmark Cars Intangible Assets and its Good Will accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landmark Cars Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Intangible Assets vs Good Will
Intangible Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Landmark Cars Limited Intangible Assets account and
Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Landmark Cars' Intangible Assets and Good Will is 0.93. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Landmark Cars Limited, assuming nothing else is changed. The correlation between historical values of Landmark Cars' Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Landmark Cars Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., Landmark Cars' Intangible Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Landmark Cars' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Landmark Cars Limited 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landmark Cars Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
As of 12/02/2024,
Selling General Administrative is likely to grow to about 2.4
B, while
Tax Provision is likely to drop slightly above 106.4
M.
Landmark Cars fundamental ratios Correlations
Click cells to compare fundamentals
Landmark Cars Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Landmark Cars fundamental ratios Accounts
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Additional Tools for Landmark Stock Analysis
When running Landmark Cars' price analysis, check to
measure Landmark Cars' 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 Landmark Cars is operating at the current time. Most of Landmark Cars' value examination focuses on studying past and present price action to
predict the probability of Landmark Cars' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landmark Cars' price. Additionally, you may evaluate how the addition of Landmark Cars to your portfolios can decrease your overall portfolio volatility.