Sensen Networks financial indicator trend analysis is much more than just breaking down Sensen Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensen Networks is a good investment. Please check the relationship between Sensen Networks Retained Earnings and its Property Plant Equipment accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensen Networks. 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.
Retained Earnings vs Property Plant Equipment
Retained Earnings vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensen Networks Retained Earnings account and
Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sensen Networks' Retained Earnings and Property Plant Equipment is 0.2. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Sensen Networks, assuming nothing else is changed. The correlation between historical values of Sensen Networks' Retained Earnings and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Sensen Networks are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Retained Earnings i.e., Sensen Networks' Retained Earnings and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Property Plant Equipment
Most indicators from Sensen Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensen Networks 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensen Networks. 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, Sensen Networks'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 44.8
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1.8
M in 2024.
Sensen Networks fundamental ratios Correlations
Click cells to compare fundamentals
Sensen Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sensen Networks fundamental ratios Accounts
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Additional Tools for Sensen Stock Analysis
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