PNCINFRA | | | 308.10 1.15 0.37% |
PNC Infratech financial indicator trend analysis is much more than just breaking down PNC Infratech Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PNC Infratech Limited is a good investment. Please check the relationship between PNC Infratech Total Current Assets and its Other Current Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Infratech 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 board of governors.
Total Current Assets vs Other Current Assets
Total Current Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PNC Infratech Limited Total Current Assets account and
Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PNC Infratech's Total Current Assets and Other Current Assets is 0.47. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of PNC Infratech Limited, assuming nothing else is changed. The correlation between historical values of PNC Infratech's Total Current Assets and Other Current 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 Total Current Assets of PNC Infratech Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Assets i.e., PNC Infratech's Total Current Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from PNC Infratech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PNC Infratech 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Infratech 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 board of governors.
As of 12/26/2024,
Selling General Administrative is likely to grow to about 4.7
B. Also,
Tax Provision is likely to grow to about 3.6
BPNC Infratech fundamental ratios Correlations
Click cells to compare fundamentals
PNC Infratech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PNC Infratech fundamental ratios Accounts
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Additional Tools for PNC Stock Analysis
When running PNC Infratech's price analysis, check to
measure PNC Infratech'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 PNC Infratech is operating at the current time. Most of PNC Infratech's value examination focuses on studying past and present price action to
predict the probability of PNC Infratech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNC Infratech's price. Additionally, you may evaluate how the addition of PNC Infratech to your portfolios can decrease your overall portfolio volatility.