300555 Stock | | | 8.61 0.01 0.12% |
Lootom Telcovideo financial indicator trend analysis is infinitely more than just investigating Lootom Telcovideo Network recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lootom Telcovideo Network is a good investment. Please check the relationship between Lootom Telcovideo Short Term Investments and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lootom Telcovideo Network. 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.
Short Term Investments vs Non Current Liabilities Total
Short Term Investments vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lootom Telcovideo Network Short Term Investments account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lootom Telcovideo's Short Term Investments and Non Current Liabilities Total is 0.77. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Lootom Telcovideo Network, assuming nothing else is changed. The correlation between historical values of Lootom Telcovideo's Short Term Investments and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Lootom Telcovideo Network are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Term Investments i.e., Lootom Telcovideo's Short Term Investments and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Lootom Telcovideo balance sheet. It contains any investments Lootom Telcovideo Network undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Lootom Telcovideo Network can easily liquidate in the marketplace.
Non Current Liabilities Total
Most indicators from Lootom Telcovideo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lootom Telcovideo Network 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 Lootom Telcovideo Network. 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 25
M, whereas
Tax Provision is projected to grow to (8.2
M).
Lootom Telcovideo fundamental ratios Correlations
Click cells to compare fundamentals
Lootom Telcovideo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lootom Telcovideo fundamental ratios Accounts
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Other Information on Investing in Lootom Stock
Balance Sheet is a snapshot of the
financial position of Lootom Telcovideo Network at a specified time, usually calculated after every quarter, six months, or one year. Lootom Telcovideo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lootom Telcovideo 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 Lootom currently owns. An asset can also be divided into two categories, current and non-current.