| ONE Stock | | | CAD 0.32 0.11 52.38% |
01 Communique financial indicator trend analysis is way more than just evaluating 01 Communique Laboratory prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 01 Communique Laboratory is a good investment. Please check the relationship between 01 Communique Total Stockholder Equity and its Cash accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in 01 Communique Laboratory. 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 Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
01 Communique Laboratory Total Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between 01 Communique's Total Stockholder Equity and Cash is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of 01 Communique Laboratory, assuming nothing else is changed. The correlation between historical values of 01 Communique's Total Stockholder Equity and Cash 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 Stockholder Equity of 01 Communique Laboratory are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., 01 Communique's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Cash
Cash refers to the most liquid asset of 01 Communique Laboratory, which is listed under current asset account on 01 Communique Laboratory balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from 01 Communique customers. The amounts must be unrestricted with restricted cash listed in a different 01 Communique 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.
Most indicators from 01 Communique's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 01 Communique Laboratory 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 01 Communique Laboratory. 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.
At this time, 01 Communique's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1.94 in 2024, whereas
Selling General Administrative is likely to drop slightly above 427.4
K in 2024.
01 Communique fundamental ratios Correlations
Click cells to compare fundamentals
01 Communique Account Relationship Matchups
High Positive Relationship
High Negative Relationship
01 Communique fundamental ratios Accounts
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Additional Tools for ONE Stock Analysis
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