300496 Stock | | | 52.82 3.17 5.66% |
Thunder Software financial indicator trend analysis is much more than just breaking down Thunder Software Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunder Software Tec is a good investment. Please check the relationship between Thunder Software Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Thunder Software Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Thunder Software Tec Cash And Short Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Thunder Software's Cash And Short Term Investments and Non Currrent Assets Other is 0.81. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Thunder Software Technology, assuming nothing else is changed. The correlation between historical values of Thunder Software's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Thunder Software Technology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Thunder Software's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Thunder Software Tec balance sheet. This account contains Thunder Software investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Thunder Software Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Thunder Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunder Software Tec 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 Thunder Software Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 398.6
M. The current year's
Tax Provision is expected to grow to about 35.1
MThunder Software fundamental ratios Correlations
Click cells to compare fundamentals
Thunder Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thunder Software fundamental ratios Accounts
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Other Information on Investing in Thunder Stock
Balance Sheet is a snapshot of the
financial position of Thunder Software Tec at a specified time, usually calculated after every quarter, six months, or one year. Thunder Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thunder Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Thunder currently owns. An asset can also be divided into two categories, current and non-current.