688728 Stock | | | 16.16 0.33 2.08% |
GalaxyCore financial indicator trend analysis is much more than just examining GalaxyCore latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GalaxyCore is a good investment. Please check the relationship between GalaxyCore Cash and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in GalaxyCore. 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 vs Inventory
Cash vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GalaxyCore Cash account and
Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GalaxyCore's Cash and Inventory is 0.98. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of GalaxyCore, assuming nothing else is changed. The correlation between historical values of GalaxyCore's Cash and Inventory 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 of GalaxyCore are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., GalaxyCore's Cash and Inventory go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of GalaxyCore, which is listed under current asset account on GalaxyCore balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GalaxyCore customers. The amounts must be unrestricted with restricted cash listed in a different GalaxyCore account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Inventory
Most indicators from GalaxyCore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GalaxyCore 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 GalaxyCore. 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 202.9
M, whereas
Tax Provision is projected to grow to (34.1
M).
GalaxyCore fundamental ratios Correlations
Click cells to compare fundamentals
GalaxyCore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GalaxyCore fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in GalaxyCore Stock
Balance Sheet is a snapshot of the
financial position of GalaxyCore at a specified time, usually calculated after every quarter, six months, or one year. GalaxyCore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GalaxyCore 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 GalaxyCore currently owns. An asset can also be divided into two categories, current and non-current.