TROX Stock | | | USD 12.07 0.11 0.90% |
Tronox Holdings financial indicator trend analysis is much more than just breaking down Tronox Holdings PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tronox Holdings PLC is a good investment. Please check the relationship between Tronox Holdings Selling General Administrative and its Reconciled Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox 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 persons.
Selling General Administrative vs Reconciled Depreciation
Selling General Administrative vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tronox Holdings PLC Selling General Administrative account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tronox Holdings' Selling General Administrative and Reconciled Depreciation is 0.75. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Tronox Holdings PLC, assuming nothing else is changed. The correlation between historical values of Tronox Holdings' Selling General Administrative and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Tronox Holdings PLC are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling General Administrative i.e., Tronox Holdings' Selling General Administrative and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Reconciled Depreciation
Most indicators from Tronox Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tronox 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox 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 persons.
At this time, Tronox Holdings'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 227.3
M in 2024.
Tronox Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Tronox Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tronox Holdings fundamental ratios Accounts
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