| AAATECH Stock | | | 114.89 0.60 0.52% |
AAA Technologies financial indicator trend analysis is way more than just evaluating AAA Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AAA Technologies is a good investment. Please check the relationship between AAA Technologies Other Current Assets and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AAA Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Other Current Assets vs Property Plant And Equipment Net
Other Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AAA Technologies Other Current Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between AAA Technologies' Other Current Assets and Property Plant And Equipment Net is 0.2. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of AAA Technologies Limited, assuming nothing else is changed. The correlation between historical values of AAA Technologies' Other Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of AAA Technologies Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Assets i.e., AAA Technologies' Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from AAA Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AAA Technologies 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 AAA Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
The current
Selling General Administrative is estimated to decrease to about 48.1
MAAA Technologies fundamental ratios Correlations
Click cells to compare fundamentals
AAA Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AAA Technologies fundamental ratios Accounts
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Other Information on Investing in AAA Stock
Balance Sheet is a snapshot of the
financial position of AAA Technologies at a specified time, usually calculated after every quarter, six months, or one year. AAA Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AAA Technologies 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 AAA currently owns. An asset can also be divided into two categories, current and non-current.