| 0QI7 Stock | | | 306.30 3.20 1.03% |
Addtech financial indicator trend analysis is way more than just evaluating Addtech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Addtech is a good investment. Please check the relationship between Addtech Non Current Assets Total and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Addtech. 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.
Non Current Assets Total vs Retained Earnings
Non Current Assets Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Addtech Non Current Assets Total account and
Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between Addtech's Non Current Assets Total and Retained Earnings is 1.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Addtech, assuming nothing else is changed. The correlation between historical values of Addtech's Non Current Assets Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Addtech are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., Addtech's Non Current Assets Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.
Most indicators from Addtech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Addtech 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 Addtech. 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.
Selling General Administrative is likely to gain to about 1
B in 2024, whereas
Tax Provision is likely to drop slightly above 198.4
M in 2024.
Addtech fundamental ratios Correlations
Click cells to compare fundamentals
Addtech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Addtech fundamental ratios Accounts
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Additional Tools for Addtech Stock Analysis
When running Addtech's price analysis, check to
measure Addtech'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 Addtech is operating at the current time. Most of Addtech's value examination focuses on studying past and present price action to
predict the probability of Addtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addtech's price. Additionally, you may evaluate how the addition of Addtech to your portfolios can decrease your overall portfolio volatility.