Norman Inventory vs Total Assets Analysis
Norman Broadbent financial indicator trend analysis is infinitely more than just investigating Norman Broadbent Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norman Broadbent Plc is a good investment. Please check the relationship between Norman Broadbent Inventory and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Inventory vs Total Assets
Inventory vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norman Broadbent Plc Inventory account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Norman Broadbent's Inventory and Total Assets is -0.43. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Norman Broadbent Plc, assuming nothing else is changed. The correlation between historical values of Norman Broadbent's Inventory and Total 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 Inventory of Norman Broadbent Plc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., Norman Broadbent's Inventory and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Inventory
Total Assets
Total assets refers to the total amount of Norman Broadbent 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 Norman Broadbent 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.Most indicators from Norman Broadbent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norman Broadbent 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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Norman Broadbent's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
2023 | 2024 (projected) | Interest Expense | 103K | 118.3K | Depreciation And Amortization | 231K | 126.2K |
Norman Broadbent fundamental ratios Correlations
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Norman Broadbent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Norman Broadbent fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0M | 3.8M | 4.3M | 4.1M | 5.2M | 4.3M | |
Short Long Term Debt Total | 1.1M | 1.1M | 1.7M | 1.5M | 439K | 417.1K | |
Other Current Liab | 1.3M | 960K | 1.2M | 1.5M | 2.6M | 2.8M | |
Total Current Liabilities | 3.6M | 2.4M | 2.9M | 2.7M | 3.7M | 2.6M | |
Total Stockholder Equity | 1.3M | 1.1M | 836K | 670K | 1.4M | 929.1K | |
Property Plant And Equipment Net | 87K | 332K | 526K | 402K | 178K | 169.1K | |
Net Debt | 637K | 705K | 1.2M | 1.4M | (326K) | (309.7K) | |
Retained Earnings | (18.6M) | (18.9M) | (19.6M) | (19.8M) | (19.2M) | (18.3M) | |
Accounts Payable | 588K | 150K | 184K | 212K | 343K | 584.1K | |
Cash | 432K | 367K | 459K | 50K | 765K | 502.8K | |
Non Current Assets Total | 1.6M | 1.9M | 1.9M | 1.8M | 1.5M | 2.1M | |
Non Currrent Assets Other | 195K | 135K | 65K | 145K | 166.8K | 175.1K | |
Cash And Short Term Investments | 432K | 367K | 459K | 50K | 765K | 477.8K | |
Liabilities And Stockholders Equity | 5.0M | 3.8M | 4.3M | 4.1M | 5.2M | 4.2M | |
Non Current Liabilities Total | 1.7M | 299K | 548K | 773K | 121K | 115.0K | |
Other Current Assets | 215.0K | 98.0K | 183K | 187K | 365.0K | 346.7K | |
Total Liab | 3.6M | 2.7M | 3.4M | 3.5M | 3.8M | 3.5M | |
Property Plant And Equipment Gross | 87K | 332K | 1.2M | 1.3M | 958K | 1.0M | |
Total Current Assets | 3.4M | 1.9M | 2.4M | 2.4M | 3.7M | 2.2M | |
Short Term Debt | 1.0M | 1.1M | 773K | 1.2M | 686K | 302.1K | |
Net Receivables | 2.7M | 1.5M | 1.7M | 2.1M | 2.5M | 1.4M | |
Property Plant Equipment | 155K | 87K | 332K | 526K | 473.4K | 244.6K | |
Other Assets | 264K | 204K | 134K | 214K | 246.1K | 258.4K | |
Net Tangible Assets | (58K) | (23K) | (257K) | (527K) | (474.3K) | (450.6K) | |
Short Long Term Debt | 1.1M | 577K | 952K | 483K | 207K | 196.7K | |
Net Invested Capital | 2.4M | 1.9M | 2.0M | 1.8M | 1.7M | 1.8M | |
Net Working Capital | (219K) | (504K) | (505K) | (322K) | (45K) | (47.3K) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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When running Norman Broadbent's price analysis, check to measure Norman Broadbent'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 Norman Broadbent is operating at the current time. Most of Norman Broadbent's value examination focuses on studying past and present price action to predict the probability of Norman Broadbent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norman Broadbent's price. Additionally, you may evaluate how the addition of Norman Broadbent to your portfolios can decrease your overall portfolio volatility.
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