601138 Stock | | | 22.02 0.17 0.77% |
Foxconn Industrial financial indicator trend analysis is much more than just examining Foxconn Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foxconn Industrial is a good investment. Please check the relationship between Foxconn Industrial Common Stock Shares Outstanding and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Foxconn Industrial Internet. 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.
Common Stock Shares Outstanding vs Total Current Assets
Common Stock Shares Outstanding vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Foxconn Industrial Common Stock Shares Outstanding account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Foxconn Industrial's Common Stock Shares Outstanding and Total Current Assets is 0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Foxconn Industrial Internet, assuming nothing else is changed. The correlation between historical values of Foxconn Industrial's Common Stock Shares Outstanding and Total Current 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 Common Stock Shares Outstanding of Foxconn Industrial Internet are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Foxconn Industrial's Common Stock Shares Outstanding and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Foxconn Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foxconn Industrial 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 Foxconn Industrial Internet. 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 2.1
B, whereas
Selling General Administrative is forecasted to decline to about 1.2
B.
Foxconn Industrial fundamental ratios Correlations
Click cells to compare fundamentals
Foxconn Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foxconn Industrial fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Foxconn Stock
Balance Sheet is a snapshot of the
financial position of Foxconn Industrial at a specified time, usually calculated after every quarter, six months, or one year. Foxconn Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Foxconn Industrial 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 Foxconn currently owns. An asset can also be divided into two categories, current and non-current.