| 301078 Stock | | | 10.70 1.04 8.86% |
Kidswant Children financial indicator trend analysis is infinitely more than just investigating Kidswant Children recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kidswant Children is a good investment. Please check the relationship between Kidswant Children Inventory and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kidswant Children Products. 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.
Inventory vs Total Assets
Inventory vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kidswant Children Inventory account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kidswant Children's Inventory and Total Assets is 0.58. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Kidswant Children Products, assuming nothing else is changed. The correlation between historical values of Kidswant Children's Inventory and Total 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 Inventory of Kidswant Children Products are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., Kidswant Children's Inventory and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Inventory
Total Assets
Total assets refers to the total amount of Kidswant Children assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kidswant Children books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Kidswant Children's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kidswant Children 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 Kidswant Children Products. 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
Tax Provision is expected to grow to about 42
M, whereas
Selling General Administrative is forecasted to decline to about 1.8
B.
Kidswant Children fundamental ratios Correlations
Click cells to compare fundamentals
Kidswant Children Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kidswant Children fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Kidswant Stock
Balance Sheet is a snapshot of the
financial position of Kidswant Children at a specified time, usually calculated after every quarter, six months, or one year. Kidswant Children Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kidswant Children 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 Kidswant currently owns. An asset can also be divided into two categories, current and non-current.