ONC Stock | | | 14.75 0.05 0.34% |
Oncimmune Holdings financial indicator trend analysis is much more than just breaking down Oncimmune Holdings plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oncimmune Holdings plc is a good investment. Please check the relationship between Oncimmune Holdings Property Plant And Equipment Gross and its Net Debt accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oncimmune Holdings 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 bureau of economic analysis.
Property Plant And Equipment Gross vs Net Debt
Property Plant And Equipment Gross vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oncimmune Holdings plc Property Plant And Equipment Gross account and
Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Oncimmune Holdings' Property Plant And Equipment Gross and Net Debt is 0.53. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Debt in the same time period over historical financial statements of Oncimmune Holdings plc, assuming nothing else is changed. The correlation between historical values of Oncimmune Holdings' Property Plant And Equipment Gross and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Oncimmune Holdings plc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Gross i.e., Oncimmune Holdings' Property Plant And Equipment Gross and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Oncimmune Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oncimmune Holdings 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oncimmune Holdings 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 bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 269.3
K, whereas
Selling General Administrative is forecasted to decline to about 474.1
K.
Oncimmune Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Oncimmune Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oncimmune Holdings fundamental ratios Accounts
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Other Information on Investing in Oncimmune Stock
Balance Sheet is a snapshot of the
financial position of Oncimmune Holdings plc at a specified time, usually calculated after every quarter, six months, or one year. Oncimmune Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oncimmune Holdings 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 Oncimmune currently owns. An asset can also be divided into two categories, current and non-current.