0IKH Stock | | | 534.00 0.00 0.00% |
Komercni Banka financial indicator trend analysis is infinitely more than just investigating Komercni Banka recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Komercni Banka is a good investment. Please check the relationship between Komercni Banka Net Tangible Assets and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Komercni Banka. 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.
Net Tangible Assets vs Total Current Assets
Net Tangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Komercni Banka Net Tangible Assets account and
Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Komercni Banka's Net Tangible Assets and Total Current Assets is 0.85. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Komercni Banka, assuming nothing else is changed. The correlation between historical values of Komercni Banka's Net Tangible Assets and Total 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 Net Tangible Assets of Komercni Banka are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Komercni Banka's Net Tangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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.
Most indicators from Komercni Banka's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Komercni Banka 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Komercni Banka. 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.
Tax Provision is likely to gain to about 2.3
B in 2024
Komercni Banka fundamental ratios Correlations
Click cells to compare fundamentals
Komercni Banka Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Komercni Banka fundamental ratios Accounts
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Additional Tools for Komercni Stock Analysis
When running Komercni Banka's price analysis, check to
measure Komercni Banka'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 Komercni Banka is operating at the current time. Most of Komercni Banka's value examination focuses on studying past and present price action to
predict the probability of Komercni Banka's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Komercni Banka's price. Additionally, you may evaluate how the addition of Komercni Banka to your portfolios can decrease your overall portfolio volatility.