0QGU Stock | | | 10.55 0.00 0.00% |
CNH Industrial financial indicator trend analysis is way more than just evaluating CNH Industrial NV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNH Industrial NV is a good investment. Please check the relationship between CNH Industrial Property Plant Equipment and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CNH Industrial NV. 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.
Property Plant Equipment vs Total Revenue
Property Plant Equipment vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CNH Industrial NV Property Plant Equipment account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CNH Industrial's Property Plant Equipment and Total Revenue is -0.56. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of CNH Industrial NV, assuming nothing else is changed. The correlation between historical values of CNH Industrial's Property Plant Equipment and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of CNH Industrial NV are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., CNH Industrial's Property Plant Equipment and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant Equipment
Total Revenue
Total revenue comprises all receipts CNH Industrial NV generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from CNH Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNH Industrial NV 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 CNH Industrial NV. 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 (47
M) in 2024.
Selling General Administrative is likely to drop to about 1.7
B in 2024
| 2019 | 2020 | 2023 | 2024 (projected) |
Gross Profit | 5.2B | 4.0B | 3.6B | 3.9B | Total Revenue | 28.0B | 26.0B | 29.9B | 30.1B |
CNH Industrial fundamental ratios Correlations
Click cells to compare fundamentals
CNH Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CNH Industrial fundamental ratios Accounts
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measure CNH Industrial'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 CNH Industrial is operating at the current time. Most of CNH Industrial's value examination focuses on studying past and present price action to
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